Catalyst Bancorp (NASDAQ:CLST) Posts Quarterly Earnings Results

Catalyst Bancorp (NASDAQ:CLST) posted 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

Shares of CLST traded down $0.03 during trading hours on Thursday, hitting $16.68. The stock had a trading volume of 1,441 shares, compared to its average volume of 5,060. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a 50-day moving average price of $16.47 and a 200 day moving average price of $16.26. Catalyst Bancorp has a fifty-two week low of $12.40 and a fifty-two week high of $18.16. The firm has a market capitalization of $67.57 million, a price-to-earnings ratio of 30.32 and a beta of 0.11.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, Director Kirk E. Kleiser sold 6,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $16.04, for a total transaction of $96,240.00. Following the sale, the director owned 25,580 shares in the company, valued at approximately $410,303.20. This trade represents a 19.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 10.10% of the company’s stock.

Catalyst Bancorp Company Profile

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.