CSB Bank Ltd. (CSBBANK) AI Stock Analysis

• Market Cap: ₹73.12B
• Dividend Yield: N/A
• Average Volume (3M): 26.76K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.53
• Revenue Growth: 32.90%
• EPS Growth: 12.28%
• Country: IN
• Employees: 7,860
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 9.20
• Shares Outstanding: 173,485,820
• 10 Day Avg. Volume: 36,526
• 30 Day Avg. Volume: 26,764
• PEG Ratio: 1.84
• Price to Book (P/B): 1.16
• Price to Sales (P/S): 1.14
• P/FCF Ratio: -0.41
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 3,464.89
• Revenue Forecast (FY): ₹2.64T

• Rating: 73 Outperform
• Price Target: ₹471.00 ▲(11.12% Upside)

CSB Bank Ltd. receives a strong overall score driven by positive technical indicators and reasonable valuation. Financial performance is solid but tempered by concerns over leverage and cash flow management. The absence of earnings call data and corporate events does not impact the score.

CSB Bank Ltd. Business Overview & Revenue Model

Company Description

CSB Bank Limited provides various banking products and services for small and medium enterprises, retail, and NRI customers in India. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company accepts various deposits products that include savings accounts, NR accounts, fixed deposits, recurring deposits, corporate salary, and current accounts, as well as products for NRI customers; personal and business loans, including loans against gold jewelry, two wheeler and motor vehicle loans, housing loans, loan against property and overdrafts on mortgage/hypothecation/pledge, small business loans, and agricultural loans; and microfinance. It also offers demat services; banking services to financial institutions, such as non-banking financial companies, banks, insurance companies, mutual funds, brokers, etc.; cash management and trade finance services; digital banking services; statutory reserves and asset liability management, liquidity management, investment and securities trading, and money market and foreign exchange services; sovereign debt instruments investment services; commercial papers, mutual funds, certificates of deposits, bonds, and debentures; remittance services; life and non-life insurances; and payment services, as well as debit cards. In addition, it provides agri-banking services; and corporate lending services. As of March 31, 2021, the company operated 518 branches, which included 3 service branches, 3- asset recovery branches, and 318 ATMs. The company was formerly known as The Catholic Syrian Bank Limited and changed its name to CSB Bank Limited in June 2019. CSB Bank Limited was incorporated in 1920 and is headquartered in Thrissur, India.

How the Company Makes Money

CSB Bank generates revenue through multiple streams, primarily from interest income earned on loans and advances provided to customers. As a traditional bank, it collects deposits from individuals and businesses, which it then lends out at higher interest rates, creating a significant spread. Additionally, CSBBANK earns fees and commissions from various services, including account maintenance, transaction fees, and charges related to credit and debit card services. The bank also benefits from wealth management and investment advisory services, contributing to its overall earnings. Partnerships with fintech companies and other financial institutions enhance its service offerings and market reach, further driving revenue growth.

CSB Bank Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	48.51B	45.69B	35.12B	26.35B	22.85B	21.75B
Gross Profit	25.39B	24.48B	20.61B	16.50B	14.00B	12.44B
EBITDA	8.07B	8.76B	8.17B	7.77B	6.52B	3.33B
Net Income	5.99B	5.94B	5.67B	5.47B	4.58B	2.18B
Balance Sheet
Total Assets	0.00	478.36B	360.56B	291.62B	253.56B	233.37B
Cash, Cash Equivalents and Short-Term Investments	0.00	36.76B	32.92B	4.78B	2.03B	21.19B
Total Debt	0.00	55.46B	17.57B	7.83B	21.16B	15.79B
Total Liabilities	-44.98B	433.39B	322.52B	259.59B	227.05B	211.57B
Stockholders Equity	44.98B	44.98B	38.04B	32.04B	26.51B	21.80B
Cash Flow
Free Cash Flow	0.00	-126.98B	5.70B	21.36B	-9.14B	13.17B
Operating Cash Flow	0.00	-123.98B	6.88B	22.11B	-8.58B	13.74B
Investing Cash Flow	0.00	19.04B	-55.58B	-7.24B	1.31B	-12.31B
Financing Cash Flow	0.00	109.32B	61.87B	30.93B	16.30B	6.32B

CSB Bank Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 423.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CSBBANK, the sentiment is Positive. The current price of 423.85 is above the 20-day moving average (MA) of 420.34, above the 50-day MA of 393.65, and above the 200-day MA of 365.83, indicating a neutral trend. The MACD of 7.51 indicates Positive momentum. The RSI at 54.06 is Neutral, neither overbought nor oversold. The STOCH value of 14.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CSBBANK.

CSB Bank Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SOUTHBANK	77 Outperform	₹96.03B	7.07	―	1.06%	8.09%	2.68%
TMB	74 Outperform	₹79.54B	6.61	―	2.23%	7.08%	7.69%
CSBBANK	73 Outperform	₹73.12B	11.71	―	―	32.90%	12.28%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
UJJIVANSFB	60 Neutral	₹100.69B	24.13	―	2.77%	6.15%	-64.12%
EQUITASBNK	56 Neutral	₹73.03B	―	―	1.56%	10.02%	-120.18%

CSB Bank Ltd. Corporate Events

CSB Bank Transfers Equity Shares Under Employee Stock Option Scheme

CSB Bank Limited announced the transfer of 3,550 equity shares from the CSB ESOS Trust to an eligible grantee under the CSB Employee Stock Option Scheme 2019. This move reflects the bank’s ongoing efforts to incentivize and reward its employees, potentially impacting employee satisfaction and retention positively.

CSB Bank Transfers Equity Shares Under Employee Stock Option Scheme

CSB Bank Ltd. announced the transfer of 3,220 equity shares from the CSB ESOS Trust to three eligible grantees. This transfer is part of the exercise of vested stock options under the CSB Employee Stock Option Scheme 2019, reflecting the bank’s ongoing commitment to employee engagement and incentive programs.

CSB Bank Enhances Transparency with Investor Call Recordings

CSB Bank Ltd. announced that the audio recordings of its recent conference call with institutional investors and analysts have been made available on its website. This move reflects the bank’s commitment to transparency and regulatory compliance, potentially enhancing investor relations and stakeholder engagement.

CSB Bank Announces Director Change Following Tenure Completion

CSB Bank Limited has announced the completion of Mr. Madhavan Menon’s tenure as a Non-Executive Non-Independent Director. His departure, effective October 20, 2025, follows an eight-year term in accordance with regulatory guidelines. This change in the board composition is part of the bank’s adherence to corporate governance standards, potentially impacting its strategic direction and stakeholder relationships.

CSB Bank Updates Domain to Align with RBI Directive

CSB Bank Limited has announced a change in its domain from https://www.csb.co.in to https://www.csb.bank.in, effective October 9, 2025. This change aligns with the Reserve Bank of India’s directive for banks to migrate to the ‘.bank.in’ domain. The transition ensures uninterrupted access to the bank’s digital services, as the old domain will automatically redirect to the new one.

CSB Bank Ltd. Reports Strong Growth in Q3 2025

CSB Bank Ltd. reported a significant increase in its financial metrics for the quarter ended September 30, 2025, with total deposits rising by 25% year-on-year to ₹39,651 crore. The bank also saw a 37% increase in advances against gold and gold jewellery, reflecting its strong market position in this segment. These figures indicate robust growth and a solid performance in the bank’s core areas, potentially enhancing its competitive stance in the banking sector.

CSB Bank Engages in Analyst Meeting with Sundaram Mutual Fund

CSB Bank Limited recently participated in a virtual one-on-one meeting with Sundaram Mutual Fund as part of its Analyst/Institutional Investor Meet. The meeting, held on September 22, 2025, did not involve the sharing of any unpublished price-sensitive information, indicating a focus on transparency and regulatory compliance.

CSB Bank Engages with Morgan Stanley in Investor Meeting

CSB Bank Ltd. has announced its participation in an Analyst/Institutional Investor meeting with Morgan Stanley India, held on September 1, 2025, in Mumbai. The meeting was a one-on-one session, and no unpublished price-sensitive information was shared. This engagement highlights the bank’s ongoing efforts to maintain transparency and strengthen relationships with key stakeholders in the financial sector.