Catalyst Bancorp (NASDAQ:CLST) Releases Earnings Results

Key Points

• Catalyst Bancorp reported earnings of $0.14 per share for the quarter, with a total revenue of $2.81 million.
• The company has a return on equity of 2.70% and a net margin of 13.74%.
• Catalyst Bancorp's stock price opened at $12.38, with a market cap of $51.75 million and a PE ratio of 21.72.

Catalyst Bancorp (NASDAQ:CLST - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.14 earnings per share for the quarter, Zacks reports. Catalyst Bancorp had a return on equity of 2.70% and a net margin of 13.74%. The firm had revenue of $2.81 million during the quarter.

Catalyst Bancorp Trading Up 0.9%

Shares of NASDAQ CLST traded up $0.11 during midday trading on Wednesday, hitting $12.42. The company's stock had a trading volume of 5,466 shares, compared to its average volume of 10,839. Catalyst Bancorp has a 12-month low of $10.67 and a 12-month high of $14.23. The firm has a market cap of $51.89 million, a P/E ratio of 21.78 and a beta of 0.17. The business's 50 day moving average is $12.25 and its two-hundred day moving average is $11.81. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.12.

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.