Catalyst Bancorp (NASDAQ:CLST) Issues Quarterly Earnings Results

Catalyst Bancorp (NASDAQ:CLST) announced its earnings results on Thursday. The company reported $0.51 earnings per share for the quarter, Zacks reports. The company had revenue of $5.81 million during the quarter. Catalyst Bancorp had a net margin of 12.48% and a return on equity of 4.14%.

Catalyst Bancorp Stock Performance

Shares of CLST opened at $17.35 on Friday. The company has a market capitalization of $69.92 million, a price-to-earnings ratio of 19.12 and a beta of 0.11. The company’s 50 day simple moving average is $17.41 and its 200 day simple moving average is $16.62. Catalyst Bancorp has a 1 year low of $13.65 and a 1 year high of $20.50. 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 reaffirmed a “hold (c)” rating on shares of Catalyst Bancorp in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company presently 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.