Catalyst Bancorp (NASDAQ:CLST) Releases Earnings Results

Catalyst Bancorp (NASDAQ:CLST) posted its quarterly earnings results on Thursday. The company reported $0.51 earnings per share for the quarter, Zacks reports. The business 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

CLST traded up $0.34 on Thursday, hitting $17.59. 3,749 shares of the company’s stock traded hands, compared to its average volume of 4,543. The company’s 50 day simple moving average is $17.41 and its 200-day simple moving average is $16.61. The firm has a market cap of $70.89 million, a price-to-earnings 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 has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.12.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Catalyst Bancorp in a research report on Thursday, October 15th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Catalyst Bancorp Company Profile

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.