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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