Catalyst Bancorp (NASDAQ:CLST) Announces Earnings Results

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

Catalyst Bancorp Trading Up 1.8%

NASDAQ:CLST opened at $17.56 on Friday. Catalyst Bancorp has a 1 year low of $13.65 and a 1 year high of $20.50. The stock has a market cap of $70.83 million, a price-to-earnings ratio of 31.92 and a beta of 0.11. The business has a fifty day moving average of $17.41 and a 200-day moving average of $16.62. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.01 and a current ratio of 1.01.

Wall Street Analysts Forecast Growth

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

About Catalyst Bancorp

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.