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Julian L. Coblentz, a director at CSB Bancorp, Inc. (OTC:CSBB), recently purchased 300 shares of the company’s common stock. The transaction, dated May 29, 2025, was executed at a price of $41.07 per share, amounting to a total value of $12,321. The purchase comes as the $110 million market cap bank shows strong momentum, with the stock up 10% year-to-date. InvestingPro analysis reveals 10+ additional insights about CSBB’s performance and valuation metrics.
Following this acquisition, Coblentz holds a total of 12,930.0041 shares indirectly, which includes shares allocated through a dividend reinvestment plan. Additionally, Coblentz maintains direct ownership of 4,146.9161 shares and has indirect interests in 1,000 shares through a 401(k) plan and another 1,000 shares through a spouse’s 401(k), both associated with Mudd Valley Foods Ltd., where Coblentz is a controlling shareholder. Trading at a P/E ratio of 10.4x, the stock has demonstrated impressive five-year returns according to InvestingPro data.
In other recent news, CSB Bancorp, Inc. announced a dividend increase to $0.41 per share, reflecting a $0.01 rise from the previous payout. This decision underscores the company’s strategy to return profits to shareholders and indicates confidence in its financial stability. Additionally, CSB Bancorp held its 2025 Annual Meeting of Shareholders, where key decisions were made, including the re-election of directors Cheryl M. Kirkbride and Stephen E. Schillig for three-year terms. Shareholders also ratified the appointment of S.R. Snodgrass, P.C. as the independent auditor for the fiscal year ending December 31, 2025. During the meeting, a non-binding advisory vote approved the compensation of the company’s executive officers. Furthermore, shareholders recommended that future advisory votes on executive compensation occur every three years. These developments highlight CSB Bancorp’s ongoing governance and financial strategies.
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