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CFSB Bancorp Faces Lawsuits Over Merger Agreement

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CFSB Bancorp Faces Lawsuits Over Merger Agreement

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CFSB Bancorp, Inc ( (CFSB) ) has issued an announcement.

On May 20, 2025, CFSB Bancorp, Inc. entered into a merger agreement with Hometown Financial Group and its affiliates, which will result in a series of mergers culminating in the merger of Colonial Federal Savings Bank with North Shore Bank. Following the announcement, lawsuits were filed against CFSB Bancorp by purported stockholders alleging false and misleading proxy statements. The company denies these allegations but is making additional disclosures to avoid litigation delays and costs.

The most recent analyst rating on (CFSB) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on CFSB Bancorp, Inc stock, see the CFSB Stock Forecast page.

Spark’s Take on CFSB Stock

According to Spark, TipRanks’ AI Analyst, CFSB is a Neutral.

The overall score is primarily influenced by financial performance and technical analysis. CFSB Bancorp shows positive cash flow and a strong balance sheet but suffers from profitability challenges and an extremely high P/E ratio, which raises valuation concerns. Technical indicators suggest strong momentum but caution due to overbought conditions. The lack of earnings call and corporate events data limits further evaluation.

To see Spark’s full report on CFSB stock, click here.

More about CFSB Bancorp, Inc

Average Trading Volume: 4,391

Technical Sentiment Signal: Buy

Current Market Cap: $92.86M

For an in-depth examination of CFSB stock, go to TipRanks’ Overview page.

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