VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) Stock

$56.71 1.09 (1.96%)
Market Cap: $11.50B | NASDAQ

VictoryShares US Small Cap High Div Volatility Wtd ETF Chart


Company Profile

Price: $56.71

Market Cap: $11.50B

Exchange: NASDAQ

CEO:

Sector: Financial Services

Industry: Asset Management

Employees: -

Headquarters: None, DE

Business Summary

The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets directly or indirectly in the securities included in the Nasdaq Victory US Small Cap High Dividend 100 Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. The index identifies the 100 highest dividend yielding stocks in the Nasdaq Victory US Small Cap 500 Volatility Weighted Index.

VictoryShares US Small Cap High Div Volatility Wtd ETF News

Why Is The IPO Market Struggling? Here's What Active Managers Have To Say

Strong returns in U.S. stocks, particularly over the past two plus years, have led investors to question the relative lack of companies going public via the IPO process — as well as the potential implications for the IPO market in the long term. According to active equity managers, a combination of increased public market regulation, a reduced pipeline of potential offerings following the prior boom, the rising role of large private asset managers in capital raising, and near-term uncertainty surrounding government policy are all contributing factors. At Russell Investments, we think investors benefit from taking a long-term view.

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CSB Bancorp, Inc. Declares First Quarter Cash Dividend

MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc., (OTC Pink: CSBB) announced that the Company's Board of Directors has declared a first quarter cash dividend of $0.40 per share on its common stock, payable March 25, 2025, to shareholders of record as of March 11, 2025. CSB Bancorp, Inc. is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $1.2 billion as of December 31, 2024. CSB provides a complete range of banking and other financial services to c.

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CSB Bancorp, Inc. Reports Fourth Quarter Earnings

MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc. (OTC Pink: CSBB) Fourth Quarter Highlights     Quarter Ended December 31, 2024       Quarter Ended December 31, 2023   Diluted earnings per share   $ 0.87       $ 1.38   Net Income   $ 2,319,000       $ 3,697,000   Return on average common equity     7.99 %       14.22 % Return on average assets     0.76 %       1.25 % CSB Bancorp, Inc. (OTC Pink: CSBB) today announced fourth quarter 2024 net income of $2,319,000, or $0.87 per basic and dilu.

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Tech IPOs Poised For Return To Pre-Pandemic Normalcy In 2025

The new year is poised for a resurgence in tech IPOs, as lower interest rates and an investor shift to small- and mid-cap companies combine to create a more welcoming market for debuts. The current environment presents the most favorable conditions for the recovery of IPOs in the past three years. The S&P 400 Midcap Index and the S&P 600 Index have outperformed the S&P 500 Index since the US election Nov. 5.

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CSB Bancorp, Inc. Declares Fourth Quarter Cash Dividend

MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc., (OTC Pink: CSBB) announced that the Company's Board of Directors has declared a fourth quarter cash dividend of $0.40 per share on its common stock, payable December 17, 2024, to shareholders of record as of December 3, 2024. CSB Bancorp, Inc. is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $1.2 billion as of September 30, 2024. CSB provides a complete range of banking and other financial servic.

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Cambridge Savings Bank Extends New Credit Facility to Accelerate Growth for Fabrizia Spirits

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #SMBs--Cambridge Savings Bank has provided a new credit facility to Fabrizia Spirits, a leading citrus spirits manufacturer in the United States.

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Valiant Energy Solutions Partners with Cambridge Savings Bank's Asset-Based Lending Team to Expand M&A Capabilities and Deliver Innovative Total Energy Solutions

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #assetbasedlending--Valiant Energy Solutions partners with Cambridge Savings Bank to expand M&A capabilities and deliver innovative total energy solutions.

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Gavin Shook joins Coastal States Bank as Commercial Banker

ATLANTA , June 10, 2024 /PRNewswire/ -- Coastal States Bank ("CSB") has announced that Gavin Shook has joined its Atlanta Region as Senior Vice President, Commercial Banker. "We are pleased to welcome Gavin to our team," said Gary Dowell, CSB's Atlanta Regional President.

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CSB: Unconvincing Performance, Questionable Quality, And Dividend Growth Nuances

CSB's idea is to amalgamate high-yield dividend-paying U.S. small-cap stocks, placing more weight on those with stronger low-volatility characteristics. CSB has delivered some healthy returns since its inception, beating a few of its counterparts. But the fairly perplexing issue is that its value- and low-volatility-centered strategy was incapable of effectively minimizing losses during the 2022 bear market as it was down double digits.

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WATCH: ETF of the Week: VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB)

VettaFi's vice chairman Tom Lydon discussed the VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.

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NYU Stern Center for Sustainable Business and HSBC Bank USA Launch Framework to Drive Investment in the Food and Beverage Sustainability Initiatives, Maximizing Impact and Financial Returns

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA, in partnership with NYU Stern Center for Sustainable Business (CSB), today announced the release of the Food and Agriculture Sustainability Strategies Framework. Grounded in the ROSI™ (Return on Sustainability Investment) methodology developed by CSB, the unique framework helps sustainability and financial leaders within food and agriculture companies make the business case for sustainability initiatives that will deliver both financial value and positive societal impact. The unique ROSI methodology works by improving decision-making, valuation, and internal communications by helping companies go beyond ESG reporting metrics to truly understand where value exists within sustainability strategies and investments. HSBC funded three key projects with Anheuser-Busch, Hero Group and Ingredion, to inform the food and agriculture framework, in addition to learnings from previously completed ROSI projects with Arca Continental, Cargill, Mars, McCormick, McDonald's, and Natra. The projects highlighted the importance of a thorough analysis of the opportunities and risks associated with implementing sustainability practices across supply chains and company functional areas. The research identified the following twelve sustainable strategies mapped across the food and agriculture value chain along with practical suggestions for how to calculate the associated returns across the supply chain: 1) Improving water security 2) Ensuring protection of biodiversity and ecosystem conservation 3) Improving nutritional profile of food products 4) Improving soil health 5) Raising and treating animals with respect and care 6) Adopting sustainable packaging solutions 7) Mitigating and adapting to climate change 8) Incorporating circularity into food waste management 9) Investing in employee and supplier well-being 10) Reducing the use of harmful chemicals 11) Implementing sustainable sourcing 12) Investing in sustainable brand marketing and communications. Initial results from the findings include: Anheuser-Busch (AB) found nutrient management best practices for barley improves AB operating efficiency, reduces Scope 3 carbon emissions, and leads to enhanced brand value. ROSI results show benefits amounting to ~$40 million in 10-year NPV and an average annual operating income improvement of ~$7.5 million. Hero Group found that promoting sustainable bee-friendly farming practices improves fruit pollination and yields, reduces input costs for growers and leads to carbon sequestration benefits for achieving Scope 3 targets. A 10-year NPV of €3.6 million (before costs) was estimated with an average annual operating income impact of €650K. Ingredion USA’s Pakistan affiliate, Rafhan Maize assessed benefits from promoting the use of AflaPak™, an aflatoxin biocontrol product, in its upstream corn supply chain to reduce on-farm waste in corn. Additional benefits were increased sellable yields for growers, lower risk of supply disruption and improved operational efficiency for the company. The results showed the potential for a 9.3x return on investment to develop AflaPak™ and a 10-year NPV ~$15.5 million. “Our ROSI food and agriculture sustainability monetization framework provides an important strategic decision-making tool that helps food and agriculture companies understand and unlock the benefits of more sustainable practices, such as operational efficiency, customer demand and loyalty and risk mitigation,” said Tensie Whelan, Founding Director, NYU Stern Center for Sustainable Business. “We are grateful to our partners at HSBC for recognizing the untapped opportunities created by investing in sustainability strategies and helping us share these valuable insights.” “Since partnering with NYU Stern CSB a few years ago, we have seen first-hand the way that the ROSI tool can help drive really meaningful conversations between sustainability, finance, procurement, and even make a strong case in boardrooms,” said Kelly W. Fisher, Head of Corporate Sustainability, HSBC Bank USA. “We hope the expansion of this tool into new sectors will lead to even more investment in initiatives that will impact real change.” On a recent podcast from global software company Workiva, ESG Talks, Tensie and Kelly discuss the framework in depth and its value to leading companies and share stories from both the food and beverage and apparel sectors. This marks the second framework created between NYU Stern Center for Sustainable Business and HSBC Bank USA, building upon the Apparel Industry Sustainable Strategies Framework announced in 2020. For additional information on the Food and Agriculture Sustainability Strategies Framework, please click here. About HSBC HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 62 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,990bn at 31 March 2023, HSBC is one of the world’s largest banking and financial services organisations. About NYU Stern Center for Sustainable Business The NYU Stern Center for Sustainable Business (CSB) was founded on the principle that sustainable business is good business. We provide education, conduct research, and influence industry practice by proving the financial value of sustainability for business management and performance. At CSB, we aim to equip future and current corporate leaders with updated business frameworks that embrace proactive and innovative mainstreaming of sustainability, resulting in competitive advantage and resiliency for their companies as well as a positive impact for society.

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CSB Bancorp, Inc. Declares Second Quarter Cash Dividend

MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc., (OTC Pink: CSBB) today announced that the Company’s Board of Directors has declared a second quarter cash dividend of $0.38 per share on its common stock, payable June 20, 2023, to shareholders of record as of June 6, 2023. The dividend represents a $0.02 increase in the quarterly cash dividend. CSB Bancorp, Inc. is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $1.1 billion as of March 31, 2023. CSB provides a complete range of banking and other financial services to consumers and businesses through its wholly owned subsidiary, The Commercial and Savings Bank, with sixteen banking centers in Holmes, Stark, Tuscarawas, and Wayne counties and Trust offices located in Millersburg, North Canton, and Wooster, Ohio. CSB is located on the web at http://www.csb1.com.

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CSB Bancorp, Inc. Reports First Quarter Earnings

MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc. (OTC Pink: CSBB): First Quarter Highlights Quarter Ended March 31, 2023 Quarter Ended March 31, 2022 Diluted earnings per share $ 1.46 $ 0.99 Net Income $ 3,934,000 $ 2,701,000 Return on average common equity 16.39 % 11.26 % Return on average assets 1.39 % 0.96 % CSB Bancorp, Inc. (OTC Pink: CSBB) today announced first quarter 2023 net income of $3,934,000, or $1.46 per basic and diluted share, as compared to $2,701,000, or $0.99 per basic and diluted share, for the same period in 2022. Income before federal income tax amounted to $4,905,000, an increase of 47% over the same quarter in the prior year. Annualized returns on average common equity (“ROE”) and average assets (“ROA”) for the quarter were 16.39% and 1.39%, respectively, compared with 11.26% and 0.96% for the first quarter of 2022. Eddie Steiner, President and CEO stated, “The balance sheet remains strong, with adequate capital and liquidity to respond to foreseeable loan and depositor needs and to fund the Company’s ongoing projects. Net interest income has trended upward, spurred by continuing growth in loan balances and the higher rate environment. Credit quality within earning asset portfolios remains high. We anticipate some slowing of the general economy in coming quarters as higher interest rates curtail consumer and business spending, and employment levels to soften as employers calibrate operating costs to match the economic environment.” Net interest income and noninterest income totaled $10.6 million during the quarter, an increase of $2.1 million from the prior year’s first quarter. Net interest income increased $2.1 million, or 31%, in the first quarter of 2023 compared to the same period in 2022. Loan interest income including fees increased $2.2 million, or 38%, during first quarter 2023 as compared to the same quarter in 2022. The increase was mainly due to rate increases as well as a $77 million increase in average loan volume. Securities interest income increased $722 thousand, or 52%, during the first quarter 2023 compared to the same quarter 2022 from both rate and volume increases. Loan yields for first quarter 2023 averaged 5.07%, an increase of 88 basis points from the 2022 first quarter average of 4.19%, while security yields for first quarter 2023 averaged 2.18% compared to 1.60% in the first quarter 2022. Interest expense rose $1.3 million, or 341%, during first quarter 2023 as compared to first quarter 2022. The increase follows a period of rapid interest rate increases spurred by the Federal Reserve followed by competitive pressures from banks and others to secure adequate funding. The cost of interest bearing liabilities for the first quarter 2023 was 0.95% as compared to 0.22% for the first quarter of 2022. Interest expense increases are anticipated to continue in 2023 but are not forecast to grow at 2022 levels. The fully taxable equivalent (FTE) net interest margin was 3.37% compared to 2.60% for first quarter 2022. Compared to the 2022 first quarter, FTE net interest income increased $2.1 million, or 30%, reflecting 77 basis points of net interest margin expansion, and a $5 million, or less than 1%, increase in average earning assets. The higher interest rate environment drove the increase in yields coupled with loan and security volume growth, partially offset by the higher cost of funds and lower loan fees from the Paycheck Protection Program. The tax equivalency effect on the margin was 0.01% in first quarter 2023 and 0.02% in first quarter 2022. Noninterest income decreased 1%, compared to first quarter of 2022. The decrease was primarily the result of a $115 thousand, or 98%, decline in gain on sale of mortgages to the secondary market, as higher interest rates sharply curbed fixed rate purchase and refinancing originations, along with a lack of housing inventory for sale. Offsetting increases were recognized in service charges on deposit accounts, debit card interchange fees, and credit card fee income. Noninterest expense increased 5% from first quarter 2022. Salary and employee benefit costs increased $139 thousand, or 4%, compared to the prior year quarter, primarily resulting from increases in compensation and benefits partially offset by less FTE’s. Software expense increased $66 thousand, or 20%, with the deployment of new reporting software and upgrades. Professional and directors’ fees increased $45 thousand, or 16% primarily reflecting an increase in audit, tax and accounting fees in 2023. Marketing and public relations increased by $12 thousand, or 11%, reflecting a return to normalized levels. Telephone expense decreased $21 thousand below the prior year quarter due to a contract negotiation. The Company’s first quarter efficiency ratio decreased to 53.9% compared to 64.0%. Federal income tax expense was $971 thousand in the 2023 first quarter compared to $638 thousand in the 2022 first quarter. The effective tax rate for the 2023 first quarter and 2022 first quarter were 19.8% and 19.1%, respectively. Average earning assets for the 2023 first quarter increased $5 million, or less than 1%, from the year-ago quarter, primarily reflecting a $77 million, or 14%, increase in average loans, a $38 million, or 11%, increase in average securities, and a $111 million, or 70%, decrease in interest-earning deposits in other banks, held mainly at the Federal Reserve Bank. Average commercial loan balances for the quarter, including commercial real estate, increased $49 million, or 13%, from prior year levels. Average PPP loan balances were $3 million below the prior year quarter, and less than $125 thousand in PPP balances remain as of March 31, 2023. Excluding the decrease in average PPP loan balances, commercial loans increased $52 million year over year as construction loans were drawn and borrowers used term loans to fund equipment and other purchases. Average residential mortgage balances increased $21 million, or 16%, above the prior year’s quarter as borrowers have been favoring adjustable-rate mortgages. Home equity lines of credit increased $6 million from the prior year’s quarter as balances were drawn and new loans originated. Average consumer credit balances increased $664 thousand, or 4%, versus the same quarter of the prior year. Increased organic loan demand continues to be largely dependent on the pace at which excess liquidity is absorbed by businesses and households and restoration of borrower confidence. Nonperforming assets were $218 thousand, or 0.03%, of total loans on March 31, 2023, compared to $1.2 million, or 0.21% of total loans, a year ago. Delinquent loan balances as of March 31, 2023, were stable at 0.13% of total loans as compared to 0.24% on March 31, 2022. Net loan charge-offs recognized during first quarter 2022 were $4 thousand, or 0.0% annualized, compared to first quarter 2022 net loan losses of $13 thousand. On January 1, 2023, CSB adopted ASU 2016-13 known as current expected credit losses or “CECL”. Following a period of extremely low historical credit losses and nonperforming assets, the initial entries to adjust the CECL loan loss allowance and the CECL allowance for unfunded commitments resulted in a net of tax entry increasing retained earnings by approximately $52 thousand. The allowance for expected credit losses amounted to 0.97% of total loans on March 31, 2023, as compared to 1.29% on March 31, 2022. The allowance for credit losses on off-balance sheet commitments on March 31, 2023 was $430 thousand, as compared to a March 31, 2022 balance of $141 thousand. CSB recorded no allowance for credit losses related to AFS or HTM debt securities as there is a zero loss expectation on these securities. Average deposit balances grew on a quarter over prior year quarter comparison by $15 million, or 2%. For the first quarter 2023, the average cost of deposits amounted to 0.64%, as compared to 0.14% for the first quarter 2022. During the first quarter 2023, increases in average deposit balances over the prior year quarter included noninterest-bearing demand accounts of $5 million and interest-bearing demand and savings accounts of $8 million, while time deposits increased $2 million. The average balance of securities sold under repurchase agreement during the first quarter of 2023 decreased by $8 million, or 19%, compared to the average for the same period in the prior year. Shareholders’ equity totaled $99.0 million on March 31, 2023, with 2.7 million common shares outstanding. The average equity to assets ratio amounted to 8.48% for the quarter ended March 31, 2023, and 8.54% for the quarter ended March 31, 2022. The Company declared a first quarter dividend of $0.36 per share, producing an annualized yield of 3.8% based on the March 31, 2023 closing price of $38.00. About CSB Bancorp, Inc. CSB is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $1.1 billion as of March 31, 2023. CSB provides a complete range of banking and other financial services to consumers and businesses through its wholly owned subsidiary, The Commercial and Savings Bank, with sixteen banking centers in Holmes, Wayne, Tuscarawas, and Stark counties and Trust offices located in Millersburg, North Canton, and Wooster, Ohio. Forward-Looking Statement This release contains forward-looking statements relating to present or future trends or factors affecting the banking industry, and specifically the financial condition and results of operations, including without limitation, statements relating to the earnings outlook of the Company, as well as its operations, markets, and products. Actual results could differ materially from those indicated. Among the important factors that could cause results to differ materially are interest rate changes, softening in the economy, which could materially impact credit quality trends and the ability to generate loans, changes in the mix of the Company’s business, competitive pressures, changes in accounting, tax or regulatory practices or requirements and those risk factors detailed in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission. The Company undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release. CSB BANCORP, INC. CONSOLIDATED FINANCIAL HIGHLIGHTS (Unaudited) Quarters (Dollars in thousands, except per share data) 2023 2022 2022 2022 2022 EARNINGS 1st Qtr 4th Qtr 3rd Qtr 2nd Qtr 1st Qtr Net interest income FTE (a) $ 8,999 $ 9,304 $ 8,596 $ 7,666 $ 6,902 Recovery for credit losses (31 ) - (250 ) (345 ) (300 ) Other income 1,628 1,612 1,675 1,782 1,642 Other expenses 5,719 6,206 5,945 5,774 5,468 FTE adjustment (a) 34 36 36 36 37 Net income 3,934 3,753 3,650 3,209 2,701 Basic and Diluted earnings per share 1.46 1.39 1.35 1.18 0.99 PERFORMANCE RATIOS Return on average assets (ROA), annualized 1.39 % 1.27 % 1.25 % 1.13 % 0.96 Return on average common equity (ROE), annualized 16.39 15.94 15.24 13.73 11.26 Net interest margin FTE (a) 3.37 3.33 3.12 2.87 2.60 Efficiency ratio 53.86 56.83 57.87 61.13 64.01 Number of full-time equivalent employees 170 172 172 171 172 MARKET DATA Book value/common share $ 36.93 $ 35.43 $ 33.97 $ 34.46 $ 34.93 Period-end common share market value 38.00 38.50 39.00 38.00 39.60 Market as a % of book 102.90 % 108.66 % 114.81 % 110.27 % 113.37 Price-to-earnings ratio 7.06 7.84 8.92 9.31 10.15 Average basic common shares 2,692,304 2,707,576 2,712,686 2,718,024 2,718,024 Average diluted common shares 2,692,304 2,707,576 2,712,686 2,718,024 2,718,024 Period end common shares outstanding 2,680,625 2,707,576 2,707,576 2,718,024 2,718,024 Common stock market capitalization $ 101,864 $ 104,242 $ 105,595 $ 103,285 $ 107,634 ASSET QUALITY Gross charge-offs $ 39 $ 217 $ 29 $ 11 $ 31 Net charge-offs (recoveries) 4 170 10 (308 ) 13 Allowance for credit losses 6,307 6,838 7,008 7,268 7,305 Nonperforming assets (NPAs) 218 256 685 690 1,181 Net charge-off (recovery) / average loans ratio 0.00 % 0.11 % 0.01 % (0.21 ) % 0.01 Allowance for credit losses / period-end loans 0.97 1.09 1.15 1.25 1.29 NPAs/loans and other real estate 0.03 0.04 0.11 0.12 0.21 Allowance for credit losses / nonperforming loans 2,893 2,667 1,022 1,054 619 CAPITAL & LIQUIDITY Period-end tangible equity to assets (b) 8.28 % 7.90 % 7.54 % 7.93 % 7.98 Average equity to assets 8.48 7.96 8.20 8.25 8.54 Average equity to loans 15.27 15.06 15.98 16.31 17.35 Average loans to deposits 63.19 59.84 58.15 57.65 56.42 AVERAGE BALANCES Assets $ 1,147,033 $ 1,172,785 $ 1,159,523 $ 1,136,318 $ 1,138,598 Earning assets 1,082,996 1,108,231 1,094,197 1,072,376 1,078,269 Loans 637,392 620,243 594,820 574,824 560,440 Deposits 1,008,721 1,036,559 1,022,851 997,108 993,411 Shareholders' equity 97,319 93,404 95,043 93,750 97,242 ENDING BALANCES Assets $ 1,143,394 $ 1,159,108 $ 1,161,830 $ 1,126,778 $ 1,135,003 Earning assets 1,080,939 1,094,876 1,096,302 1,064,770 1,073,565 Loans 647,773 627,171 609,971 582,185 567,375 Deposits 1,007,507 1,023,417 1,029,274 993,113 994,939 Shareholders' equity 99,007 95,920 91,981 93,662 94,928 NOTES: (a) - Net Interest income on a fully tax-equivalent ("FTE") basis restates interest on tax-exempt securities and loans as if such interest were subject to federal income tax at the statutory rate. Net interest income on an FTE basis differs from net interest income under U.S. generally accepted accounting principles. (b) - Tangible equity is a non-GAAP measure, which is shareholders' equity net of goodwill. CSB BANCORP, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) March 31, March 31, (Dollars in thousands, except per share data) 2023 2022 ASSETS Cash and cash equivalents Cash and due from banks $ 16,965 $ 18,963 Interest-earning deposits in other banks 38,550 111,274 Total cash and cash equivalents 55,515 130,237 Securities Available-for-sale, at fair-value 149,269 143,322 Held-to-maturity 243,334 246,301 Equity securities 253 248 Restricted stock, at cost 1,760 4,614 Total securities 394,616 394,485 Loans held for sale - 431 Loans 647,773 567,375 Less allowance for credit losses 6,307 7,305 Net loans 641,466 560,070 Premises and equipment, net 13,240 13,730 Goodwill 4,728 4,728 Bank owned life insurance 24,878 24,201 Accrued interest receivable and other assets 8,951 7,121 TOTAL ASSETS $ 1,143,394 $ 1,135,003 LIABILITIES AND SHAREHOLDERS' EQUITY LIABILITIES Deposits: Noninterest-bearing $ 329,500 $ 335,974 Interest-bearing 678,007 658,965 Total deposits 1,007,507 994,939 Short-term borrowings 29,813 38,893 Other borrowings 2,394 3,325 Accrued interest payable and other liabilities 4,673 2,918 TOTAL LIABILITIES 1,044,387 1,040,075 SHAREHOLDERS' EQUITY Common stock, $6.25 par value. Authorized 9,000,000 shares; issued 2,980,602 shares in 2023 and 2022 18,629 18,629 Additional paid-in capital 9,815 9,815 Retained earnings 89,524 79,416 Treasury stock at cost - 299,977 shares in 2023 and 262,578 shares in 2022 (7,126 ) (5,719 ) Accumulated other comprehensive loss (11,835 ) (7,213 ) TOTAL SHAREHOLDERS' EQUITY 99,007 94,928 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,143,394 $ 1,135,003 CSB BANCORP, INC. CONSOLIDATED STATEMENTS OF INCOME Quarter ended (Unaudited) March 31, (Dollars in thousands, except per share data) 2023 2022 Interest and dividend income: Loans, including fees $ 7,969 $ 5,777 Taxable securities 2,012 1,281 Nontaxable securities 101 110 Other 545 74 Total interest and dividend income 10,627 7,242 Interest expense: Deposits 1,584 349 Other 78 28 Total interest expense 1,662 377 Net interest income 8,965 6,865 Recovery of credit losses (31 ) (300 ) Net interest income, after recovery of credit losses 8,996 7,165 Noninterest income Service charges on deposits accounts 292 265 Trust services 258 264 Debit card interchange fees 521 495 Credit card fees 177 155 Earnings on bank owned life insurance 169 166 Gain on sale of loans 3 118 Market value change in equity securities 9 1 Other 199 178 Total noninterest income 1,628 1,642 Noninterest expenses Salaries and employee benefits 3,294 3,155 Occupancy expense 282 272 Equipment expense 207 214 Professional and director fees 321 276 Software expense 399 333 Marketing and public relations 123 111 Debit card expense 146 164 Financial institutions tax 192 195 Other expenses 755 748 Total noninterest expenses 5,719 5,468 Income before income taxes 4,905 3,339 Federal income tax provision 971 638 Net income $ 3,934 $ 2,701 Net income per share: Basic and diluted $ 1.46 $ 0.99

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Cambridge Savings Bank Provides BFC Solutions with a Senior Credit Facility to Fund Extensive Growth

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Asset-Based Lending team (ABL) provided a senior credit facility to BFC Solutions (BFC), a national provider of commercial HVAC and refrigeration filter replacement and related routine preventative maintenance services. Headquartered in Nashville, TN, BFC is the largest national, self-performing, planned preventative maintenance company in the U.S. With a nationwide customer base comprising blue-chip retailers, restaurants, grocers, and convenience stores, BFC required a banking partner to help scale its business. The connection to CSB was made through Gemini Investors, a private investment firm based in Wellesley, MA. BFC is jointly owned by Gemini Investors and Boston based private equity firm AVALT Holdings. BFC will leverage the lending package extended by CSB to repay existing debt and finance ongoing working capital needs. With a team of roughly 600 service technicians managing more than 440,000 service requests in 2022, BFC sought a solution that would allow it to improve operational efficiency and invest in its future plans. “CSB’s Asset-Based Lending team took a tailored approach and offered us a comprehensive financing package to help us meet our unique business challenges and needs,” said Philip Whitaker, Chief Executive Officer at BFC Solutions. “Further, this capital provides us the flexibility to advance our growth objectives. We sought an experienced partner that was more than a lender and CSB checked those boxes.” The significant liquidity unlocked by the credit facility will support BFC’s day-to-day operations as well as its infrastructure for preventative maintenance programs. Its main offering is a unique patented Pleatlink air filter designed with superior characteristics relative to traditional box filters. Once a customer is onboarded with Pleatlink, it has access to BFC’s ancillary services including coil cleaning, refrigerated case cleaning, and reach-in cooler cleaning. “BFC is making a real difference by providing multi-location businesses across the country with healthier air quality, cleaner facilities, and well-maintained equipment, all at lower maintenance costs,” said John Bobbin, First Vice President, Senior Asset-Based Lending Officer at CSB. “Our ABL team aims to serve as an extension of each client’s team, forming a true partnership tailored to the unique needs of their business. To that end, we are eager to work alongside BFC as they continue to scale their business.” Launched in 2019, CSB’s ABL team recently celebrated four years of offering clients the ability to safely leverage their assets for maximum potential, resulting in more than $400,000,000 in commitments provided. When conventional lending options are not the best solution, CSB’s ABL division can provide much-needed liquidity to help organizations fulfill growth plans. Whether a business is looking to borrow funds for growth, recapitalization, working capital, or an acquisition, CSB has an array of suitable financing options. To learn more about CSB’s custom solutions for commercial entities, please contact John Bobbin, First Vice President, Senior Asset-Based Lending Officer at jbobbin@cambridgesavings.com. About Cambridge Savings Bank Cambridge Savings Bank is a full-service banking institution with over $6 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In 2022, CSB received an investment-grade rating from Kroll Bond Rating Agency reinforcing the bank’s position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. About BFC Solutions BFC Solutions is the largest self-performing preventative maintenance provider in the U.S. We develop planned preventative maintenance programs to identify problems before they become costly repairs. Through our best-in-class patented filter system, coil cleaning, comprehensive site inspections, and other value-added services, we help keep your facilities and HVAC systems operating efficiently to reduce costs and achieve sustainability goals. With 60 years of experience and 800 employees across the country, BFC Solutions is the trusted leader in facilities maintenance for many of the top Fortune 500 companies in industries such as retail, restaurant, convenience store, grocery, financial, entertainment, healthcare, and more. For more information, please visit www.bfcsolutions.com.

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Cambridge Savings Bank Supports ROC USA’s Mission to Improve Affordable Housing Options in the Northeast with $15.3 Million in Lending Since 2021

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $15.3 million in financing to ROC USA® since 2021. Headquartered in Concord, NH, ROC USA is a nonprofit organization on a mission to make quality resident ownership viable nationwide and to expand economic opportunities for homeowners in manufactured (mobile) home communities. ROC USA provides training to affiliate nonprofits and homeowners in resident-owned communities (ROCs), as well as financial resources to help families build wealth through collective ownership. Its relationship with CSB originated in April 2021, when CSB granted a $4 million line of credit to ROC USA that was used to finance major improvements to the water, sewer, and roads at the 9-year-old resident-owned community, Cranberry Village. CSB provided an additional $2 million to allow ROC USA to take advantage of favorable interest rates and refinance a 55 and over community in Shirley, MA. In December 2021, CSB supported another ROC USA client community with a $3.3 million participation loan to assist with the resident purchase of the community and contribute to necessary capital improvements in Danvers, MA. Most recently, a $6 million revolving line of credit from CSB was partially used to support the acquisition and major infrastructure improvements to Royal Crest, a 144-site ROC in West Wareham, MA. “The support we have received from Cambridge Savings Bank over the last three years has empowered hundreds of families across Massachusetts to take control over the communities that they call home,” said Michael Sloss, Managing Director at ROC USA® Capital, ROC USA’s CDFI (Community Development Financial Institution) lending subsidiary. “Adam and his team have been great partners, supporting our efforts to make quality home ownership viable. Thanks to CSB, we’ve been able to assist hundreds of homeowners in joining resident-owned cooperatives.” Benefits of living in a resident-owned community include control of monthly rent, consistent improvements, security against evictions, liability protection, and a strong sense of togetherness due to the shared ownership structure. Major decisions are made by a democratic vote, whereby members elect a board of directors, which appoint committees to ensure the continued viability of the cooperative and manage day-to-today operations. “CSB is always eager to support members of our community, particularly when it comes to promoting access to affordable housing in our high-cost state,” added Adam Bispham, VP, Corporate Banking Relationship Manager at CSB. “ROC USA works hard to provide low-to-moderate income homeowners with the freedom, responsibility, and comfort to make their communities and their economic security their own. We look forward to continuing our partnership with ROC USA, providing the resources they need to preserve and improve affordable communities.” CSB’s partnership with ROC USA is the bank’s latest investment that empowers Northeastern residents to have access to affordable housing. In 2022, CSB provided a $93 million construction loan to support the Innes Redevelopment Project and extended $84.5 million in funding to Strategic Land Ventures to help finance the construction of mixed income housing. The bank also donated to Cambridge Housing Authority and Caritas Communities to support programs focused on combating homelessness in Boston last year. CSB’s commercial division is focused on serving the unique needs of its local communities and businesses, offering a full suite of Corporate Banking Lending, Asset-Based Lending, Commercial Real Estate Lending, Treasury Management, and Trade Services solutions. To learn more about CSB’s custom lending solutions, please visit cambridgesavings.com or contact Adam Bispham at abispham@cambridgesavings.com. About Cambridge Savings Bank Cambridge Savings Bank is a full-service banking institution with over $6 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In 2022, CSB received an investment-grade rating from Kroll Bond Rating Agency reinforcing the bank’s position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. About ROC USA ROC USA® is a non-profit social venture scaling resident ownership of manufactured home communities since 2008. Together with ROC USA Network, a group of regional non-profit affiliates, and ROC USA Capital, a CDFI lending subsidiary, ROC USA® works with 306 resident-owned communities nationwide. ROC USA continues to build strong national and regional relationships in support of Resident Owned Communities as it looks to realize its vision of a country in which the owners of efficient and affordable homes are economically secure in healthy and socially vibrant resident-owned communities.

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Cambridge Savings Bank Extends $10 Million in Financing to American Gas Products to Support Rapid Growth

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $10 million in financing to American Gas Products (AGP), a full-service national industrial and specialty gas supplier. The capital will help finance new equipment, leasehold improvements at AGP’s new headquarters, and refinance existing debt. Based in Middleton, MA, AGP has grown significantly over the last two decades. It currently serves 10 national chains and 20 large wholesale customers, in addition to local companies, across several industries including health care, construction, beverage, and more. A sustained uptick in sales prompted AGP to upgrade its facilities in April 2021. “We evaluated several lenders to help meet our short-term growth objectives, and the fact that CSB was a community bank committed to supporting local businesses made the choice an easy one,” said Matthew D’Auria, Chief Financial Officer and Chief Operating Officer at American Gas Products. “As a family-owned company, everything we do is personal, and we didn’t want our banking relationship to be any different. CSB has taken the time to get to know us and our unique needs, showing up for us every step of the way, and we're excited to partner with them.” AGP leverages a network of independent industrial gas distributors who provide cylinder and/or bulk gas supply in 48 states. Despite a widespread international helium shortage, AGP’s access to helium supply has not been impacted due to its diversified supply chain that includes multiple contracts with small domestic wells. Over the next few years, as part of the company’s succession plan, AGP founder and CEO, Mike D’Auria, plans to transition the business to his son Matthew. With this impending leadership transition, AGP will continue to consult with CSB for tailored solutions that can support its robust sales, continued evolution, and growth plans. “CSB is a community bank that’s not just here to execute transactions—we’re here to build real relationships,” said Brian Annese, First Vice President, Senior Corporate Banking Loan Officer Cambridge Savings Bank. “We prioritize working with our partners in an honest and creative way, and seek to fully understand their business by making the time for them and actively listening to their needs. As AGP continues to grow, we will be there to support and partner with them every step of the way.” CSB’s commercial division is focused on serving the needs of its local communities and businesses, offering a full suite of Corporate Banking Lending, Commercial Real Estate Lending, Asset-Based Lending, Treasury Management, and Trade Services solutions. To learn more about CSB’s custom solutions for commercial entities, please contact Brian Annese at bannese@cambridgesavings.com. About Cambridge Savings Bank Cambridge Savings Bank is a full-service banking institution with over $6 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services and has branches located in Arlington, Bedford, Belmont, Burlington, Cambridge, Charlestown, Concord, Lexington, Melrose, Newton, Somerville, and Watertown. To learn more about how we can meet your needs, visit us at cambridgesavings.com, or better yet, stop by one of our branches. About American Gas Products American Gas Products is a full-service industrial & specialty gas supplier. The company is a national leader in providing wholesale helium services and products. Through an extensive distribution network, AGP complete nationwide supply programs for cylinder and/or bulk helium gas within the Continental United States. In addition to helium, AGP also has the following business lines: National Beverage Carbon Dioxide Supply, Regional Welding Supply Retailer, Cryogenic Gases, Bulk, and cylinder propane sales. Learn more at: www.agpgas.com.

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Cambridge Savings Bank Provides Strategic Capital to Help Allen & Gerritsen Reimagine its Future

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it is supporting Allen & Gerritsen (A&G) in its effort to reimagine its work environment with a $1 million equipment line of credit. Creative and entrepreneurial in nature, Allen & Gerritsen is an independent agency specializing in creative communications, customer experience (CX), public relations and media and analytics. The firm currently has locations in Boston and Philadelphia. After 10 years in Boston’s Seaport District, A&G is relocating its office to the city’s Financial District, while also transitioning its second office to a new space in Philadelphia. The line of credit provided by CSB will fund equipment, furniture, and design engineering purchases for both new offices, advancing A&G’s efforts to reimagine the traditional office space and create a more intentional work environment for employees. “We work with clients who want to do better, be better and show up in ways that make lives better,” said Andrew Graff, Chief Executive Officer at A&G. “It is refreshing to work with a partner like CSB that fully supports our mission statement and offers us the financial tools we need to continue growing and thriving. Rob and his team took a can-do approach, identifying the right funding to support A&G’s ‘Great Reimagination.’” Established in 1985, A&G offers a diverse range of brand communications and experience services such as brand strategy, creative, customer experience, media planning, analytics, public relations and more. Over the past 35 years, the agency has created leading-edge campaigns for Meet Boston, the Philadelphia Flyers, Blue Cross Blue Shield of Massachusetts, Beats by Dre, Yuengling, and more. The capital from CSB will support A&G’s next phase of growth by enabling the development of collaboration spaces and implementation of new technology in both offices. “Over the past three years, the way in which corporate employees work, and where they work, has changed,” added Rob Kershaw, Senior Vice President and Corporate Banking Team Lead at CSB. “It’s powerful to see a company like Allen & Gerritsen reimagine the workplace to align with its employees’ needs. CSB was eager to structure an appropriate financing package in service of helping this visionary company cultivate a space that will inspire further creativity.” CSB’s commercial division is focused on serving the unique needs of its local communities and businesses, offering a full suite of Corporate Banking Lending, Asset-Based Lending, Commercial Real Estate Lending, Treasury Management and Trade Services solutions. To learn more about CSB’s custom lending solutions, please visit cambridgesavings.com or contact Rob Kershaw at rkershaw@cambridgesavings.com. About Cambridge Savings Bank Cambridge Savings Bank is a full-service banking institution with over $6 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. To learn more about how we can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. About Allen & Gerritsen Allen & Gerritsen. Boston & Philadelphia. Independent & Integrated. Creativity & Purpose. Communications & Experiences. Data & Humanity. Black Lives Matter & Climate Change is Real. A&G builds the “Brand’s Best Self” through Creative Platforms, Strategic Insights, Communications Planning, Customer Experience, Performance Media, Public Relations, Social Media, Influencer Marketing, Outcomes Driven Analytics, Brand Integration, & more. Recent credits include: Meet Boston, Dunkin, Safety 1st, Legal Defense Fund, Keurig Dr. Pepper, Thermo Fisher Scientific, Visit Philadelphia, Cava, Blue Cross Blue Shield Massachusetts, Sagamore Pendry Baltimore, Philadelphia Flyers, Toast, Albolene, Combined Jewish Philanthropies of Greater Boston, LexisNexis, Cystex, UniFirst, Richard King Mellon Foundation, Certain Dri, Ameresco, Northeastern University, Fresenius, AmeriHealth Caritas, Caron Treatment Centers, National Organization on Disability & more.

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CSB: Impressive 3.30% Dividend Yield, But Still Unappealing

CSB is a volatility-weighted small-cap ETF that yields 3.30%. Its long-term performance is solid compared to peers, but weak fundamentals led to disappointing returns last year. CSB overweights Consumer Discretionary stocks, an odd feature for a portfolio that's designed to lessen risk. It's one clue that CSB isn't the best way to play defense.

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Cambridge Savings Bank Extends Strategic Financing to Facilitate Management Buyout of Formaggio Kitchen

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $5.3 million in lending to support the transition of ownership of Formaggio Kitchen, a regional chain of gourmet food stores specializing in cheese, to longtime employee Julia Hallman. After working for Formaggio Kitchen for 15 years as a senior buyer and general manager, Hallman successfully purchased the franchise in January 2023. Drawing from over a decade of experience with the company, Hallman has developed an intimate understanding of Formaggio Kitchen’s operations and is uniquely positioned to steward the business moving forward. As she transitions to her new role, Hallman will largely focus on identifying new ways to engage and delight Formaggio Kitchen’s loyal customer base. CSB provided a loan to help finance Hallman’s acquisition of the business as well as an additional revolving line of credit for working capital to steer Formaggio Kitchen through its next phase of growth. “I am deeply passionate about Formaggio Kitchen, and I am honored to carry on the traditions of this historic small business,” said Hallman. “CSB has been a phenomenal local partner that is supportive of my vision to put our customers first. We’ll use the working capital to elevate the customer experience as we enter new markets, always placing our customers' needs at the heart of our approach.” Formaggio Kitchen has been operating its flagship store in Cambridge for more than 40 years, specializing in importing rare and exclusive specialty foods from around the globe. Formaggio Kitchen stocks over 300 artisanal cheeses in addition to wine, beer, charcuterie, produce, olive oil, jams, honey, and a variety of other specialty food items. It also operates the first-of-its-kind cheese cave in North America underneath the Cambridge store, where cheeses are stored in a temperature and humidity-controlled space to preserve freshness as it ages. Formaggio Kitchen maintains three retail locations in the Greater Boston area as well as an ecommerce store that ships goods nationwide. The lending package from CSB will allow Formaggio Kitchen to introduce new efficiencies to existing business operations. Formaggio Kitchen’s main business functions include sourcing and retailing quality products, hosting food and beverage pairing classes, maintaining day-to-day operations across three locations, and providing catering services for customers throughout Boston and the surrounding area. “When we meet a customer that is as enthusiastic about their business as Julia is about Formaggio Kitchen, we do everything we can to form a partnership and structure a financing package that’s poised to support them,” said Jessica Kouyoumjian FVP, Senior Corporate Banking Relationship Manager at Cambridge Savings Bank. “Julia’s transition to ownership has been a natural process and it was an honor to play a role in her acquisition of Formaggio Kitchen. We look forward to supporting her team’s continued success as they delight customers throughout the Cambridge community and beyond.” CSB’s commercial division is focused on serving the needs of its local communities and businesses, offering a full suite of Corporate Banking Lending, Commercial Real Estate Lending, Treasury Management, and Trade Services solutions. To learn more about CSB’s custom solutions for commercial entities, please contact Rob Kershaw, Corporate Banking Senior Vice President at rkershaw@cambridgesavings.com. About Cambridge Savings Bank Cambridge Savings Bank is a full-service banking institution with over $6 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services and has branches located in Arlington, Bedford, Belmont, Burlington, Cambridge, Charlestown, Concord, Lexington, Melrose, Newton, Somerville, and Watertown. To learn more about how we can meet your needs, visit us at cambridgesavings.com, or better yet, stop by one of our branches. About Formaggio Kitchen The Formaggio Kitchen family of stores began in 1978 with a vision of creating a European shopping experience in Cambridge, MA. Today, owner Julia Hallman operates three stores. Formaggio Kitchen is best known for their cheese. The Formaggio team travels throughout the US and Europe visiting dairies, cheesemakers, and agers of artisan cheese whose products it brings to its stores so that customers can experience the wonders of artisan producers. Beyond cheese, Formaggio sells wine, beer, charcuterie, produce, olive oil, jams, honey, coffee, tea, spices, chocolate, confections, and a variety of other specialty food items. For more information, visit: www.formaggiokitchen.com.

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U.S. Equity ETFs: The Best And Worst Of 2022

This article summarizes the performance of the entire U.S. equity market by examining 1Y, 3Y, 5Y, and 10Y returns for 850+ ETFs across 40 categories. Major indices declined, but investing in Energy, High-Dividend, and Large-Cap Value ETFs softened the blow. Meanwhile, searching for the bottom in mega-cap growth and thematic ETFs didn't work.

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CSB: Solid Historical Returns, 2.85% Estimated Yield, But A Risky Earnings Season Awaits

CSB holds 100 low-volatile small-cap value stocks. I've estimated its yield to be 2.85% net of fees, and it's outperformed the Russell 2000 Value Index since its inception. Regional Banks make up the fund's largest exposure area, accounting for nearly 20% of the ETF. Usually, this industry is very volatile, but quality appears sacrificed for the lower risk.

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CSB: Deserves More Attention

CSB: Deserves More Attention

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Grab Small Caps. Reduce Volatility.

Small cap equities are hot and dividend stocks are on the comeback trail. Investors can tap into both themes with the VictoryShares U.S. Small Cap High Dividend Volatility Weighted Index ETF (CSB).

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Hooker Furniture: Steady Dividend Growth With Rising Demand

Industrial production in the furniture segment probably hit bottom. Increased tariffs cut the company's profitability in fiscal 2020 so that the company shifts

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We'd like to be seen as a full service new-age private bank: CSB Bank chief

In a Q&A, C V R Rajendran, MD & CEO, CSB Bank Ltd, dwells on how the lender turned around in FY20, after several years of losses

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VictoryShares US Small Cap High Div Volatility Wtd ETF Earnings

This section highlights VictoryShares US Small Cap High Div Volatility Wtd ETF's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date:
Time:
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date:
EPS: $-
Est. EPS: $-
Revenue: $-

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS

Financial Statements

Access annual & quarterly financial statements for VictoryShares US Small Cap High Div Volatility Wtd ETF, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown
Revenue
Cost of Revenue
Gross Profit
Gross Profit Ratio
Research and Development Expenses
General and Administrative Expenses
Selling and Marketing Expenses
Selling General and Administrative Expenses
Other Expenses
Operating Expenses
Cost and Expenses
Interest Income
Interest Expense
Depreciation and Amortization
EBITDA
EBITDA Ratio
Operating Income
Operating Income Ratio
Total Other Income Expenses Net
Income Before Tax
Income Before Tax Ratio
Income Tax Expense
Net Income
Net Income Ratio
EPS
EPS Diluted
Weighted Average Shares Outstanding
Weighted Average Shares Outstanding Diluted
SEC Filing


Income Statement Charts

Breakdown
Revenue
Cost of Revenue
Gross Profit
Gross Profit Ratio
Research and Development Expenses
General and Administrative Expenses
Selling and Marketing Expenses
Selling General and Administrative Expenses
Other Expenses
Operating Expenses
Cost and Expenses
Interest Income
Interest Expense
Depreciation and Amortization
EBITDA
EBITDA Ratio
Operating Income
Operating Income Ratio
Total Other Income Expenses Net
Income Before Tax
Income Before Tax Ratio
Income Tax Expense
Net Income
Net Income Ratio
EPS
EPS Diluted
Weighted Average Shares Outstanding
Weighted Average Shares Outstanding Diluted
SEC Filing

Annual Balance Sheet

Breakdown
Cash and Cash Equivalents
Short Term Investments
Cash and Short Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Property Plant Equipment Net
Goodwill
Intangible Assets
Goodwill and Intangible Assets
Long Term Investments
Tax Assets
Other Non-Current Assets
Total Non-Current Assets
Other Assets
Total Assets
Account Payables
Short Term Debt
Tax Payables
Deferred Revenue
Other Current Liabilities
Total Current Liabilities
Long Term Debt
Deferred Revenue Non-Current
Deferred Tax Liabilities Non-Current
Other Non-Current Liabilities
Total Non-Current Liabilities
Other Liabilities
Total Liabilities
Preferred Stock
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income Loss
Other Total Stockholders Equity
Total Stockholders Equity
Total Equity
Total Liabilities and Stockholders Equity
Minority Interest
Total Liabilities and Total Equity
Total Investments
Total Debt
Net Debt


Balance Sheet Charts

Breakdown
Cash and Cash Equivalents
Short Term Investments
Cash and Short Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Property Plant Equipment Net
Goodwill
Intangible Assets
Goodwill and Intangible Assets
Long Term Investments
Tax Assets
Other Non-Current Assets
Total Non-Current Assets
Other Assets
Total Assets
Account Payables
Short Term Debt
Tax Payables
Deferred Revenue
Other Current Liabilities
Total Current Liabilities
Long Term Debt
Deferred Revenue Non-Current
Deferred Tax Liabilities Non-Current
Other Non-Current Liabilities
Total Non-Current Liabilities
Other Liabilities
Total Liabilities
Preferred Stock
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income Loss
Other Total Stockholders Equity
Total Stockholders Equity
Total Equity
Total Liabilities and Stockholders Equity
Minority Interest
Total Liabilities and Total Equity
Total Investments
Total Debt
Net Debt

Annual Cash Flow

Breakdown
Net Income
Depreciation and Amortization
Deferred Income Tax
Stock Based Compensation
Change in Working Capital
Accounts Receivables
Inventory
Accounts Payables
Other Working Capital
Other Non Cash Items
Net Cash Provided by Operating Activities
Investments in Property Plant and Equipment
Acquisitions Net
Purchases of Investments
Sales Maturities of Investments
Other Investing Activities
Net Cash Used for Investing Activities
Debt Repayment
Common Stock Issued
Common Stock Repurchased
Dividends Paid
Other Financing Activities
Net Cash Used Provided by Financing Activities
Effect of Forex Changes on Cash
Net Change in Cash
Cash at End of Period
Cash at Beginning of Period
Operating Cash Flow
Capital Expenditure
Free Cash Flow

Cash Flow Charts

Breakdown
Net Income
Depreciation and Amortization
Deferred Income Tax
Stock Based Compensation
Change in Working Capital
Accounts Receivables
Inventory
Accounts Payables
Other Working Capital
Other Non Cash Items
Net Cash Provided by Operating Activities
Investments in Property Plant and Equipment
Acquisitions Net
Purchases of Investments
Sales Maturities of Investments
Other Investing Activities
Net Cash Used for Investing Activities
Debt Repayment
Common Stock Issued
Common Stock Repurchased
Dividends Paid
Other Financing Activities
Net Cash Used Provided by Financing Activities
Effect of Forex Changes on Cash
Net Change in Cash
Cash at End of Period
Cash at Beginning of Period
Operating Cash Flow
Capital Expenditure
Free Cash Flow


No forecast data available for CSB at this time.

VictoryShares US Small Cap High Div Volatility Wtd ETF Dividends

Explore VictoryShares US Small Cap High Div Volatility Wtd ETF's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

-

Dividend Payout Ratio

-

Dividend Paid & Capex Coverage Ratio

x



VictoryShares US Small Cap High Div Volatility Wtd ETF Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.24724 $0.24724 March 10, 2025 March 10, 2025 March 11, 2025 March 07, 2025
$0.10409 $0.10409 February 07, 2025 February 07, 2025 February 10, 2025 February 06, 2025
$0.012708 $0.012708 January 08, 2025 January 08, 2025 January 09, 2025 January 07, 2025
$0.44473 $0.44473 December 12, 2024 December 12, 2024 December 13, 2024 December 11, 2024
$0.085177 $0.085177 November 07, 2024 November 07, 2024 November 08, 2024 November 06, 2024
$0.14085 $0.14085 October 08, 2024 October 08, 2024 October 09, 2024 October 07, 2024
$0.26512 $0.26512 September 11, 2024 September 11, 2024 September 12, 2024 September 10, 2024
$0.10596 $0.10596 August 08, 2024 August 08, 2024 August 09, 2024 August 07, 2024
$0.11873 $0.11873 July 10, 2024 July 10, 2024 July 11, 2024 July 09, 2024
$0.2048 $0.2048 June 12, 2024 June 12, 2024 June 13, 2024 June 11, 2024
$0.02 $0.02 May 09, 2024
$0.084758 $0.084758 April 11, 2024 April 12, 2024 April 15, 2024 April 10, 2024
$0.274 $0.274 March 11, 2024 March 12, 2024 March 13, 2024 March 08, 2024
$0.10661 $0.10661 February 09, 2024 February 12, 2024 February 13, 2024 February 08, 2024
$0.45018 $0.45018 December 18, 2023 December 19, 2023 December 20, 2023 December 15, 2023
$0.12389 $0.12389 November 08, 2023 November 09, 2023 November 10, 2023 November 07, 2023
$0.20419 $0.20419 October 11, 2023 October 12, 2023 October 13, 2023 October 10, 2023
$0.22935 $0.22935 September 06, 2023 September 07, 2023 September 08, 2023 September 05, 2023
$0.043678 $0.043678 August 08, 2023 August 09, 2023 August 10, 2023 August 07, 2023
$0.14313 $0.14313 July 10, 2023 July 11, 2023 July 12, 2023 July 07, 2023

Peers: Asset Management

This section provides companies within the same sector, on the same exchange, and of similar market capitalization, allowing comparisons of key financial indicators among peers.

Company Market Cap Price EPS P/E Ratio P/B Ratio
CSF Logo
VictoryShares US Discovery Enhanced Volatility Wtd ETF
CSF
$41.76M $51.45 $ $ $
CDC Logo
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$810.03M $64.20 $ $ $
CID Logo
VictoryShares International High Div Volatility Wtd ETF
CID
$17.04M $33.02 $ $ $
SDVY Logo
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$8.50B $33.30 $ $ $
CFA Logo
VictoryShares US 500 Volatility Wtd ETF
CFA
$539.83M $83.48 $ $ $

Related Metrics

Explore detailed financial metrics and analysis for CSB.

Financial Reports (10-Q, 10-K)
Current Reports (8-K)
Ownership
Prospectuses & Registrations
Proxy Statements
Other Filings