Catalyst Bancorp (NASDAQ:CLST) Releases Earnings Results

Catalyst Bancorp (NASDAQ:CLST) issued its quarterly earnings results on Thursday. The company reported $0.13 EPS for the quarter, Zacks reports. Catalyst Bancorp had a net margin of 14.42% and a return on equity of 2.75%.

Catalyst Bancorp Stock Performance

Shares of Catalyst Bancorp stock traded up $0.15 on Thursday, reaching $15.75. 1,835 shares of the company were exchanged, compared to its average volume of 3,531. Catalyst Bancorp has a 1-year low of $10.67 and a 1-year high of $15.97. The firm has a market cap of $64.73 million, a price-to-earnings ratio of 26.70 and a beta of 0.18. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.08 and a current ratio of 1.08. The company’s 50-day moving average is $15.37 and its two-hundred day moving average is $13.92.

Catalyst Bancorp declared that its board has approved a stock buyback plan on Thursday, November 20th that authorizes the company to buyback $205,000.00 in shares. This buyback authorization authorizes the company to purchase up to 0.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Catalyst Bancorp in a research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

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.