CFSB Bancorp (NASDAQ:CFSB) Issues Quarterly Earnings Results

Key Points

• CFSB Bancorp reported a quarterly earnings per share (EPS) of ($0.01), with a negative return on equity of 0.01% and a net margin of 0.03%.
• The stock price for CFSB Bancorp fell by 0.1% to $14.03, with trading volume below its average at 5,905 shares.
• Geode Capital Management LLC increased its stake in CFSB Bancorp by 31% during the second quarter, now owning about 0.38% of the company.

CFSB Bancorp (NASDAQ:CFSB - Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.01) EPS for the quarter, Zacks reports. CFSB Bancorp had a negative return on equity of 0.35% and a negative net margin of 1.92%.The company had revenue of $2.08 million during the quarter.

CFSB Bancorp Price Performance

CFSB stock traded up $0.18 during midday trading on Friday, reaching $14.21. The company had a trading volume of 5,628 shares, compared to its average volume of 4,048. CFSB Bancorp has a 1 year low of $6.41 and a 1 year high of $14.24. The company has a market capitalization of $93.08 million, a P/E ratio of -355.25 and a beta of 0.50. The firm has a 50-day moving average price of $13.97 and a 200-day moving average price of $11.46.

Hedge Funds Weigh In On CFSB Bancorp

An institutional investor recently raised its position in CFSB Bancorp stock. Geode Capital Management LLC grew its stake in CFSB Bancorp, Inc. (NASDAQ:CFSB - Free Report) by 31.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,642 shares of the company's stock after buying an additional 5,826 shares during the period. Geode Capital Management LLC owned approximately 0.38% of CFSB Bancorp worth $338,000 at the end of the most recent reporting period. 1.39% of the stock is owned by institutional investors.

CFSB Bancorp Company Profile

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.