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CFSB Bancorp, Inc. Announces Merger with Hometown Financial Group

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CFSB Bancorp, Inc. Announces Merger with Hometown Financial Group

New activity is brewing for CFSB Bancorp, Inc ( (CFSB) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.

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CFSB Bancorp, Inc. announced a merger agreement with Hometown Financial Group, MHC, which will result in CFSB becoming a wholly owned subsidiary of Hometown Financial. This merger, agreed upon on May 20, 2025, involves several steps, including the merger of 15 Beach, MHC with Hometown MHC, and the subsequent merger of Colonial Federal Savings Bank into North Shore Bank. Shareholders are invited to a special meeting on September 16, 2025, to vote on the merger agreement, which, if approved, will convert their shares into $14.25 in cash per share. The board of directors unanimously supports the merger, which is subject to regulatory approvals and shareholder votes.

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: 13,556

Technical Sentiment Signal: Buy

Current Market Cap: $90.89M

For a thorough assessment of CFSB stock, go to TipRanks’ Stock Analysis page.

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