Catalyst Bancorp (NASDAQ:CLST) Posts Earnings Results

Catalyst Bancorp (NASDAQ:CLST) issued its earnings results on Thursday. The company reported $0.14 earnings per share (EPS) for the quarter, Zacks reports. Catalyst Bancorp had a net margin of 13.09% and a return on equity of 2.48%.

Catalyst Bancorp Stock Performance

NASDAQ CLST opened at $16.68 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. Catalyst Bancorp has a twelve month low of $12.40 and a twelve month high of $18.16. The stock has a 50-day moving average of $16.49 and a 200 day moving average of $16.26. The stock has a market capitalization of $67.54 million, a price-to-earnings ratio of 30.47 and a beta of 0.11.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Catalyst Bancorp in a report on Friday, July 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Insider Buying and Selling at Catalyst Bancorp

In other news, Director Kirk E. Kleiser sold 6,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $16.04, for a total transaction of $96,240.00. Following the transaction, the director owned 25,580 shares in the company, valued at $410,303.20. This trade represents a 19.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 10.10% of the stock is currently owned by insiders.

About Catalyst Bancorp

Catalyst Bancorp, Inc (NASDAQ: CLST) is an Oklahoma-based bank holding company and the parent of Catalyst Bank, a community bank serving consumers and businesses across the state. Headquartered in Oklahoma City, the company offers a full suite of financial services designed to meet the needs of local individuals, families, professionals and commercial clients.

The company’s subsidiary provides traditional banking products including checking and savings accounts, certificates of deposit and digital banking services.