CFSB Bancorp soars on $44 mln buyout offer from Hometown Financial

ReutersMay 21, 2025 12:32 PM

Massachusetts-based community bank CFSB Bancorp's CFSB.O shares surge ~68% to $13.73 premarket

Hometown Financial to buy CFSB for $14.25/shr in cash in a deal worth $44 mln

Combined bank to have assets of ~$6.9 bln and 56 branches across Massachusetts, southern New Hampshire, NE Connecticut

The deal, Hometown's eighth in 10 years, to close in Q4 2025

As of last close, CFSB stock up 21.2% YTD

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