CSB Bank Ltd. (CSBBANK) AI Stock Analysis

• Market Cap: ₹87.80B
• Dividend Yield: N/A
• Average Volume (3M): 27.12K
• Price to Earnings (P/E): 14.1
• Beta (1Y): 0.44
• 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: 18,608
• 30 Day Avg. Volume: 27,116
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ₹602.00 ▲(18.95% Upside)

Overall score reflects solid financial performance and reasonable valuation, offset by negative operating/free cash flows and elevated leverage. Technicals show a strong uptrend, but extremely overbought momentum signals increase near-term downside risk.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term financial health.

Profitability

A strong gross profit margin suggests effective cost control and pricing power, enhancing the company's ability to generate profits.

Return on Equity

A solid return on equity reflects efficient management and the ability to generate returns on shareholder investments, supporting long-term growth.

Negative Factors

Increasing Leverage

Higher leverage can increase financial risk, potentially impacting the bank's ability to manage debt and maintain financial stability.

Negative Cash Flows

Negative cash flows can strain liquidity, limiting the bank's ability to invest in growth opportunities and meet financial obligations.

Decreasing Net Profit Margin

A declining net profit margin may indicate rising costs or inefficiencies, potentially affecting long-term profitability and competitiveness.

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: 506.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 506.1 is above the 20-day moving average (MA) of 446.72, above the 50-day MA of 427.08, and above the 200-day MA of 390.03, indicating a bullish trend. The MACD of 29.69 indicates Negative momentum. The RSI at 64.54 is Neutral, neither overbought nor oversold. The STOCH value of 56.16 is Neutral, 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
TMB	79 Outperform	₹90.13B	7.42	―	2.15%	7.08%	7.69%
SOUTHBANK	77 Outperform	₹108.48B	7.99	―	1.05%	8.09%	2.68%
KTKBANK	70 Outperform	₹71.03B	6.19	―	2.42%	―	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CSBBANK	65 Neutral	₹87.80B	14.14	―	―	32.90%	12.28%
UJJIVANSFB	60 Neutral	₹115.05B	27.55	―	2.82%	6.15%	-64.12%
EQUITASBNK	56 Neutral	₹76.39B	-83.79	―	1.63%	10.02%	-120.18%

CSB Bank Ltd. Corporate Events

CSB Bank Posts Strong Q3 FY26 Growth Led by Gold Loans and Term Deposits

CSB Bank reported strong business growth for the quarter ended 31 December 2025, with total deposits rising 21% year-on-year to ₹40,460 crore, driven primarily by a 27% increase in term deposits, while CASA deposits grew a modest 3%. Gross advances expanded 29% year-on-year to ₹37,208 crore, underpinned by a robust 46% surge in advances against gold and gold jewellery, underscoring the bank’s deepening reliance on its gold loan franchise as a key growth engine and reinforcing its positioning in a competitive retail lending market; the data remain provisional pending limited review by joint statutory auditors.

CSB Bank Engages in Analyst Meeting with Transparency

CSB Bank Limited participated in an Analyst/Institutional Investor meeting held virtually with Theleme Partners on December 17, 2025. The bank confirmed that no unpublished price-sensitive information (UPSI) was shared during the interaction, highlighting its commitment to transparency and regulatory compliance.

CSB Bank Transfers Equity Shares Under Employee Stock Option Scheme

CSB Bank Limited has announced the transfer of 17,629 equity shares from the CSB ESOS Trust to two eligible grantees. This transfer is part of the exercise of vested stock options under the CSB Employee Stock Option Scheme 2019, highlighting the bank’s commitment to rewarding its employees and enhancing stakeholder engagement.

CSB Bank Transfers Equity Shares Under Employee Stock Option Scheme

CSB Bank Limited has announced the transfer of 3,500 equity shares from the CSB ESOS Trust to an eligible grantee as part of the exercise of vested stock options under the CSB Employee Stock Option Scheme 2019. This transfer highlights the bank’s ongoing commitment to employee incentive programs, potentially impacting its employee retention and motivation strategies.

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.