Croghan Bancshares, Inc. (CHBH)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Croghan Bancshares, Inc. (CHBH) with AI Score 48/100 (Weak). Croghan Bancshares, Inc. is a financial holding company operating Croghan Colonial Bank, offering commercial and retail banking services in Ohio. Market cap: 0, Sector: Financial services.
Last analyzed: Mar 18, 2026Croghan Bancshares, Inc. (CHBH) Financial Services Profile
Croghan Bancshares, Inc., established in 1888, serves Ohio with commercial and retail banking through Croghan Colonial Bank. With a $0.11 billion market cap and a 4.21% dividend yield, the company offers diverse financial services, operating 19 banking centers, and competes with regional banks in a consolidating market.
Investment Thesis
Croghan Bancshares, Inc. presents a compelling investment case based on its established presence in the Ohio banking market and its diverse range of financial services. The company's attractive 4.21% dividend yield offers income potential for investors. With a P/E ratio of 9.37, the valuation suggests potential undervaluation relative to peers. Growth catalysts include expanding commercial lending activities and enhancing digital banking platforms to attract and retain customers. However, investors may want to evaluate risks like competition from larger regional banks and the impact of interest rate fluctuations on net interest margin. The company's ability to maintain its 18.1% profit margin and adapt to evolving regulatory requirements will be crucial for sustained profitability.
Based on FMP financials and quantitative analysis
Key Highlights
- Market capitalization of $0.11 billion reflects its size within the regional banking sector.
- P/E ratio of 9.37 indicates a potentially attractive valuation compared to industry averages.
- Profit margin of 18.1% demonstrates efficient operations and profitability.
- Gross margin of 52.2% suggests strong pricing power and cost management.
- Dividend yield of 4.21% provides a significant income stream for investors.
Competitors & Peers
Strengths
- Established presence in the Ohio banking market.
- Diverse range of financial services.
- Strong community relationships.
- Experienced management team.
Weaknesses
- Limited geographic footprint compared to larger regional banks.
- Dependence on interest income.
- Exposure to economic conditions in Ohio.
- OTC market trading limits liquidity.
Catalysts
- Upcoming: Potential expansion of digital banking services to attract younger demographics by Q4 2026.
- Ongoing: Continued focus on commercial lending growth in the Ohio region.
- Ongoing: Efforts to improve operational efficiency and reduce costs.
Risks
- Potential: Increased competition from larger regional and national banks.
- Potential: Impact of interest rate fluctuations on net interest margin.
- Potential: Regulatory changes and compliance costs.
- Ongoing: Economic downturn in Ohio affecting loan performance.
- Ongoing: Limited liquidity due to OTC market trading.
Growth Opportunities
- Expansion of Commercial Lending: Croghan Bancshares can capitalize on the growing demand for commercial loans among small and medium-sized businesses in Ohio. By offering tailored financing solutions and building strong relationships with local businesses, the bank can increase its loan portfolio and generate higher interest income. The market for small business loans in Ohio is estimated to be worth several billion dollars, providing a significant growth opportunity for Croghan Bancshares.
- Enhancement of Digital Banking Platform: Investing in a user-friendly and feature-rich digital banking platform can attract and retain tech-savvy customers. By offering mobile banking, online bill pay, and other digital services, Croghan Bancshares can improve customer satisfaction and reduce operational costs. The digital banking market is expected to grow significantly in the coming years, driven by increasing adoption of smartphones and online banking services.
- Strategic Acquisitions: Croghan Bancshares can pursue strategic acquisitions of smaller community banks or financial service providers to expand its geographic footprint and service offerings. Acquisitions can provide access to new markets, customers, and technologies, accelerating the company's growth and increasing its market share. The regional banking sector is ripe for consolidation, presenting opportunities for Croghan Bancshares to acquire undervalued assets.
- Wealth Management Services: Expanding wealth management services, including retirement planning, investment management, and trust services, can generate fee income and diversify the company's revenue streams. By offering personalized financial advice and investment solutions, Croghan Bancshares can attract high-net-worth individuals and families. The wealth management market is growing rapidly, driven by increasing affluence and demand for financial planning services.
- Focus on Niche Markets: Targeting niche markets, such as agricultural lending or healthcare financing, can provide a competitive advantage and attract specialized customers. By developing expertise in specific industries, Croghan Bancshares can offer tailored financial solutions and build strong relationships with customers in those markets. The agricultural sector in Ohio is a significant market, providing opportunities for Croghan Bancshares to expand its agricultural lending portfolio.
Opportunities
- Expansion of commercial lending activities.
- Enhancement of digital banking platform.
- Strategic acquisitions of smaller banks.
- Growth in wealth management services.
Threats
- Competition from larger regional and national banks.
- Impact of interest rate fluctuations.
- Regulatory changes and compliance costs.
- Economic downturn in Ohio.
Competitive Advantages
- Established community presence and brand recognition in Ohio.
- Strong relationships with local businesses and customers.
- Experienced management team with deep knowledge of the regional banking market.
- Diverse range of financial services catering to various customer needs.
About CHBH
Croghan Bancshares, Inc., established in 1888, functions as the holding company for Croghan Colonial Bank, a state-chartered bank providing a comprehensive suite of commercial and retail banking services to individuals and businesses throughout Ohio. The bank's origins trace back to serving the local agricultural community, gradually expanding its offerings to meet the evolving financial needs of the region. Croghan Colonial Bank offers a variety of deposit accounts, including checking, savings, money market accounts, certificates of deposit, IRAs, time deposit accounts, and health savings accounts. Its loan portfolio is diverse, encompassing agricultural, real estate, mortgage, personal, auto, boat, RV, motorcycle, and home equity loans, as well as small business, commercial real estate, business succession, and equipment loans, along with business lines of credit. Beyond traditional banking services, Croghan Colonial Bank provides equipment leasing, trust and investment management services, including retirement, financial, and legacy planning. The bank also offers fraud protection, investment products like annuities and college savings plans, and insurance products. Customers benefit from overdraft protection, credit and debit cards, online and mobile banking, e-statements, bill pay, mobile deposits, merchant services, safe deposit boxes, and remote deposit capture. Croghan Bancshares operates through 19 banking centers located in various Ohio communities, including Bellevue, Clyde, Fremont, and Norwalk. The company's strategy focuses on maintaining a strong community presence while adapting to the changing financial landscape through technology and expanded service offerings.
What They Do
- Offers checking and savings accounts to individuals and businesses.
- Provides mortgage, auto, and personal loans.
- Provides commercial real estate and business loans.
- Offers online and mobile banking services.
- Provides trust and investment management services.
- Offers insurance products.
- Provides credit and debit cards.
Business Model
- Generates revenue from interest income on loans.
- Earns fees from deposit accounts and other services.
- Provides trust and investment management services for fees.
- Offers insurance products for commissions.
Industry Context
Croghan Bancshares operates within the regional banking sector, which is characterized by increasing consolidation and competition from larger national banks and fintech companies. The industry is influenced by factors such as interest rate movements, regulatory changes, and technological advancements. Regional banks like Croghan Bancshares must adapt to changing customer preferences by investing in digital banking solutions and offering specialized services to maintain their market share. The market is seeing growth in digital banking, with customers demanding more convenient and accessible financial services.
Key Customers
- Individuals seeking personal banking services.
- Small businesses requiring loans and deposit accounts.
- Commercial clients needing financing for real estate and equipment.
- High-net-worth individuals seeking wealth management services.
Financials
Chart & Info
Croghan Bancshares, Inc. (CHBH) stock price: Price data unavailable
Latest News
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Stocks That Hit 52-Week Lows On Tuesday
· Mar 24, 2020
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CHBH.
Price Targets
Wall Street price target analysis for CHBH.
MoonshotScore
What does this score mean?
The MoonshotScore rates CHBH's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Kendall W. Rieman
CEO
Kendall W. Rieman serves as the CEO of Croghan Bancshares, Inc., bringing extensive experience in the financial services industry. His career spans various leadership roles within the banking sector, with a focus on community banking and regional development. Rieman's background includes expertise in strategic planning, risk management, and customer relationship management. He is actively involved in community initiatives and serves on various boards, demonstrating his commitment to local economic growth.
Track Record: Under Kendall W. Rieman's leadership, Croghan Bancshares has focused on enhancing its digital banking platform and expanding its commercial lending activities. Key achievements include improving customer satisfaction scores and increasing the bank's market share in select Ohio communities. Rieman has also overseen the implementation of new risk management protocols and compliance measures to ensure the bank's stability and regulatory compliance.
CHBH OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Croghan Bancshares may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited information available to investors, and trading activity can be sporadic. Investing in OTC Other stocks carries higher risks compared to stocks listed on major exchanges due to the potential for less transparency and regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity due to low trading volume.
- Lack of regulatory oversight and transparency.
- Potential for price manipulation and fraud.
- Higher volatility compared to exchange-listed stocks.
- Limited financial information available to investors.
- Verify the company's financial statements and SEC filings (if available).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's risk factors and potential liabilities.
- Consult with a financial advisor before investing.
- Understand the risks associated with OTC investing.
- Confirm the legitimacy of the company's operations and assets.
- Long operating history since 1888.
- State-chartered bank status.
- Membership in relevant industry associations.
- Physical presence with 19 banking centers in Ohio.
- CEO with relevant experience in the financial services industry.
Croghan Bancshares, Inc. Stock: Key Questions Answered
What does Croghan Bancshares, Inc. do?
Croghan Bancshares, Inc. operates as the holding company for Croghan Colonial Bank, a state-chartered bank offering commercial and retail banking services in Ohio. The bank provides a range of deposit accounts, loan products, and trust and investment management services to individuals and businesses. Croghan Colonial Bank operates through 19 banking centers located in various Ohio communities, focusing on building strong relationships with local customers and supporting the regional economy.
What do analysts say about CHBH stock?
As of 2026-03-18, formal analyst ratings for CHBH are limited due to its OTC listing. However, key valuation metrics include a P/E ratio of 9.37 and a dividend yield of 4.21%. Growth considerations center on the company's ability to expand its commercial lending activities, enhance its digital banking platform, and manage interest rate risk. Investors should conduct their own due diligence and consider their individual risk tolerance before investing.
What are the main risks for CHBH?
The main risks for Croghan Bancshares, Inc. include competition from larger regional and national banks, the impact of interest rate fluctuations on its net interest margin, and regulatory changes and compliance costs. Additionally, the company is exposed to the economic conditions in Ohio, which could affect loan performance. As an OTC-listed stock, CHBH also faces risks related to limited liquidity and transparency.
What are the key factors to evaluate for CHBH?
Croghan Bancshares, Inc. (CHBH) currently holds an AI score of 48/100, indicating low score. Key strength: Established presence in the Ohio banking market.. Primary risk to monitor: Potential: Increased competition from larger regional and national banks.. This is not financial advice.
How frequently does CHBH data refresh on this page?
CHBH prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven CHBH's recent stock price performance?
Recent price movement in Croghan Bancshares, Inc. (CHBH) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Established presence in the Ohio banking market.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider CHBH overvalued or undervalued right now?
Determining whether Croghan Bancshares, Inc. (CHBH) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying CHBH?
Before investing in Croghan Bancshares, Inc. (CHBH), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available company data and may be subject to change.
- OTC market data may be less reliable than exchange-listed data.