Catalyst Bancorp (NASDAQ:CLST) Announces Quarterly Earnings Results

Catalyst Bancorp (NASDAQ:CLST – Get Free Report) posted its earnings results on Thursday. The company reported $0.51 earnings per share for the quarter, Zacks reports. The company had revenue of $5.81 million during the quarter. Catalyst Bancorp had a net margin of 12.99% and a return on equity of 2.47%.

Catalyst Bancorp Price Performance

Shares of NASDAQ CLST traded up $0.34 during midday trading on Thursday, reaching $17.59. 3,749 shares of the stock traded hands, compared to its average volume of 4,543. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $70.89 million, a PE ratio of 31.98 and a beta of 0.11. Catalyst Bancorp has a one year low of $13.65 and a one year high of $20.50. The company’s 50 day moving average is $17.41 and its 200 day moving average is $16.61.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Catalyst Bancorp in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Catalyst Bancorp currently has an average rating of “Hold”.

Read Our Latest Stock Analysis on CLST

Catalyst Bancorp Company Profile

(Get Free Report)

Catalyst Bancorp, Inc is a bank holding company headquartered in Opelousas, Louisiana. Through its subsidiary, St. Landry Homestead Federal Savings Bank, the company provides community banking services to individuals, families and businesses.

St. Landry Homestead offers a range of financial products, including deposit accounts, residential mortgage loans, consumer lending, commercial real estate loans and other business financing. Its services also include digital banking and related transaction and cash-management solutions.

Founded as a Louisiana-based mutual savings institution, St.

Further Reading

Earnings History for Catalyst Bancorp (NASDAQ:CLST)

Receive News & Ratings for Catalyst Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Catalyst Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.