M&A · Financials · Savings Institution, Federally Chartered
Hometown Financial Group, Inc. to acquire CFSB Bancorp, Inc.
Announced May 20, 2025 · Closed Nov 3, 2025
Deal value$44M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash
Transaction
- Acquirer
- Hometown Financial Group, Inc.
- Target
- CFSB Bancorp, Inc. (CFSB)
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Nov 3, 2025
Deal protections
- Break fee (target pays)
- $1.6M · 3.5%
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Not disclosed
- To the target
- Piper Sandler
Sector context · Financials
- Comparable deals
- 60 in the prior 24 months
- Premium
- Sector median 34.5%
- EV / Adj. EBITDA
- Sector median 12.5x
- Break fee
- 3.5% vs. 3.7% sector median
Timeline
- AnnouncedMay 20, 2025
- Proxy filedJul 18, 2025
- Definitive proxyAug 15, 2025
- Shareholder voteSep 16, 2025
- ClosedNov 3, 2025
Valuation · fairness opinions
Precedent transactions$2.00$4.00
Precedent transactions$4.26$9.09
Implied value per CFSB Bancorp, Inc. share by analysis, from Piper Sandler · DCF discount rate 10%–14%.