Catalyst Bancorp (NASDAQ:CLST) Announces Quarterly Earnings Results

Key Points

• Catalyst Bancorp reported quarterly earnings of $0.13 per share, with a return on equity of 2.70% and a net margin of 13.74%.
• The stock price increased by 0.7% to $13.35, with a market capitalization of $55.25 million.
• Weiss Ratings reaffirmed a "hold (c)" rating on Catalyst Bancorp, reflecting a consensus average rating of "Hold" from analysts.

Catalyst Bancorp (NASDAQ:CLST - Get Free Report) announced its earnings results on Thursday. The company reported $0.13 earnings per share (EPS) for the quarter, Zacks reports. Catalyst Bancorp had a return on equity of 2.70% and a net margin of 13.74%.

Catalyst Bancorp Trading Up 0.7%

Shares of CLST stock traded up $0.10 during mid-day trading on Thursday, hitting $13.35. The company's stock had a trading volume of 1,065 shares, compared to its average volume of 6,186. The company's fifty day simple moving average is $13.05 and its 200-day simple moving average is $12.35. Catalyst Bancorp has a 52 week low of $10.67 and a 52 week high of $14.23. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market cap of $55.25 million, a PE ratio of 23.41 and a beta of 0.18.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Catalyst Bancorp in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Catalyst Bancorp has an average rating of "Hold".

About Catalyst Bancorp

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit.

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