OTCPK:CCSB

Stock Analysis Report

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Community Savings Bancorp

Executive Summary

Community Savings Bancorp, Inc. operates as the bank holding company for Community Savings that provides various banking products and services in Caldwell, Ohio.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Community Savings Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CCSB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CCSB

8.9%

US Mortgage

1.9%

US Market


1 Year Return

-16.5%

CCSB

-17.4%

US Mortgage

16.4%

US Market

Return vs Industry: CCSB exceeded the US Mortgage industry which returned -18% over the past year.

Return vs Market: CCSB underperformed the US Market which returned 16.3% over the past year.


Shareholder returns

CCSBIndustryMarket
7 Day0%8.9%1.9%
30 Day7.4%-4.5%4.5%
90 Day-1.4%34.3%17.6%
1 Year-16.5%-16.5%-15.2%-17.4%18.9%16.4%
3 Year-18.9%-18.9%-2.4%-9.3%44.1%34.8%
5 Yearn/a7.8%-3.9%75.3%56.3%

Price Volatility Vs. Market

How volatile is Community Savings Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Community Savings Bancorp undervalued compared to its fair value and its price relative to the market?

0.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CCSB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CCSB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CCSB is unprofitable, so we can't compare its PE Ratio to the US Mortgage industry average.

PE vs Market: CCSB is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CCSB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CCSB is good value based on its PB Ratio (0.5x) compared to the US Mortgage industry average (0.8x).


Next Steps

Future Growth

How is Community Savings Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Community Savings Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Community Savings Bancorp performed over the past 5 years?

-49.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCSB is currently unprofitable.

Growing Profit Margin: CCSB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CCSB is unprofitable, and losses have increased over the past 5 years at a rate of 49.3% per year.

Accelerating Growth: Unable to compare CCSB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CCSB is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (7.1%).


Return on Equity

High ROE: CCSB has a negative Return on Equity (-2.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is Community Savings Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CCSB's Assets to Equity ratio (6.7x) is low.

Allowance for Bad Loans: CCSB has a low allowance for bad loans (40%).

Low Risk Liabilities: 93% of CCSB's liabilities are made up of primarily low risk sources of funding.

Loan Level: CCSB has an appropriate level of Loans to Assets ratio (61%).

Low Risk Deposits: CCSB's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: CCSB has a high level of bad loans (2%).


Next Steps

Dividend

What is Community Savings Bancorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CCSB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CCSB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CCSB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCSB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CCSB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.6yrs

Average board tenure


CEO

Alvin Parmiter (50 yo)

4yrs

Tenure

US$231,926

Compensation

Mr. Alvin Barry Parmiter has been Chief Executive Officer and President at Community Savings Bancorp, Inc. since August 2016 and also has been its Director since 1998. Mr. Parmiter has been Chief Executive ...


CEO Compensation Analysis

Compensation vs Market: Alvin's total compensation ($USD231.93K) is below average for companies of similar size in the US market ($USD593.36K).

Compensation vs Earnings: Alvin's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Alvin Parmiter
President4yrsUS$231.93k2.05%
$ 83.7k
Dominic Crock
Corporate Secretary & Independent Director8.58yrsUS$25.45k1.56%
$ 63.6k
Michael Schott
Independent Chairman of the Board4yrsUS$25.45k3.4%
$ 138.5k
Brian Shanahan
Independent Director12.58yrsUS$25.45k1.55%
$ 63.2k
Scott Wright
Independent Director7.58yrsUS$25.45k3.06%
$ 124.8k

8.6yrs

Average Tenure

57yo

Average Age

Experienced Board: CCSB's board of directors are considered experienced (8.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Community Savings Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Community Savings Bancorp, Inc.
  • Ticker: CCSB
  • Exchange: OTCPK
  • Founded: 1885
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$4.078m
  • Shares outstanding: 379.32k
  • Website: https://www.mycommunitysavings.com

Number of Employees


Location

  • Community Savings Bancorp, Inc.
  • 425 Main Street
  • Caldwell
  • Ohio
  • 43724
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCSBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2017

Biography

Community Savings Bancorp, Inc. operates as the bank holding company for Community Savings that provides various banking products and services in Caldwell, Ohio. The company offers various deposit accounts ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 00:25
End of Day Share Price2020/07/27 00:00
Earnings2019/09/30
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.