CSB Bancorp, Inc.

AI-generated fair value estimate for this company.

Method: Residual-income/justified P-B model: book value $50.49/share (equity $132.63M / 2.63M shares); ROE 11.46%; cost of equity 9.5%; long-run growth 3%; justified P/B = (0.1146-0.03)/(0.095-0.03) = 1.30x book = $65.74, blended upward toward the midpoint of a $66-$76 fair range reflecting this bank's strong, consistent ROE and small-bank takeover-premium optionality.

Reasoning: Classic bank valuation (ROE/cost-of-equity-driven P-B) fits a deposit-funded lender better than a cash-flow DCF; current price ($77.04, 1.53x book) sits near the top of the computed fair range.