Reported Earnings • May 05
First quarter 2026 earnings released: EPS: US$0.16 (vs US$0.16 in 1Q 2025) First quarter 2026 results: EPS: US$0.16. Revenue: US$2.97m (up 1.7% from 1Q 2025). Net income: US$558.0k (down 4.8% from 1Q 2025). Profit margin: 19% (down from 20% in 1Q 2025). The decrease in margin was driven by higher expenses. Duyuru • May 02
Catalyst Bancorp, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2026 Catalyst Bancorp, Inc. reported net loan charge-offs for the first quarter ended March 31, 2026. For the period, the company reported net loan charge-offs totaled $37,000 compared to $39,000 a year ago. Duyuru • Apr 15
Catalyst Bancorp, Inc., Annual General Meeting, May 19, 2026 Catalyst Bancorp, Inc., Annual General Meeting, May 19, 2026. Location: located at 235 north court street, opelousas, louisiana 70570, United States Duyuru • Apr 10
Catalyst Bancorp, Inc. (NasdaqCM:CLST) signed a definitive Agreement to acquire Lakeside Bancshares, Inc. (OTCPK:LKSB) for $41.1 million. Catalyst Bancorp, Inc. (NasdaqCM:CLST) signed a definitive Agreement to acquire Lakeside Bancshares, Inc. (OTCPK:LKSB) for $41.1 million on April 7, 2026. As part of the acquisition, Catalyst Bancorp, Inc. will acquire all of the outstanding shares of Lakeside Bancshares, Inc. Under the terms of the acquisition, Catalyst Bancorp, Inc. will pay $19.58 in cash per share or $41.1 million in aggregate, subject to adjustment under certain circumstances. The Merger Agreement also provides that Lakeside Bancshares, Inc. will be merged with and into Catalyst Bancorp, Inc., with Catalyst Bancorp, Inc. surviving, and that Lakeside Bank will be merged with and into Catalyst Bank, with Catalyst Bank surviving. The transaction will be financed through own funds of Catalyst Bancorp, Inc. In case of termination of transaction, Lakeside Bancshares, Inc. will pay a termination fee of $1.65 million.
The transaction is subject to customary closing conditions, including regulatory approvals and Lakeside Bancshares, Inc shareholder approval. The deal has been unanimously approved by the board of directors of Lakeside Bancshares, Inc. and Catalyst Bancorp, Inc. The transaction is expected to close in the third quarter of 2026. Catalyst anticipates the transaction will be over 180% accretive to earnings per share once cost savings are fully realized and accretive to tangible book value per share within 3 years of closing. Following the Merger, Catalyst Bank's capital position is expected to remain strong with leverage and total risk-based capital ratios of approximately 10.4% and 15.4%, respectively. No additional capital will be needed by Catalyst to complete the transaction.
Brean Capital, LLC acted as financial advisor to Catalyst Bancorp, Inc. Thomas E. Walker, Jr. of Jones Walker LLP acted as legal advisor to Catalyst Bancorp, Inc. Sheshunoff & Co. Investment Banking, LP acted as financial advisor and fairness opinion provider to Lakeside Bancshares, Inc. Chet A. Fenimore of Fenimore Kay Harrison LLP acted as legal advisor to Lakeside Bancshares, Inc. Reported Earnings • Feb 01
Full year 2025 earnings released: EPS: US$0.56 (vs US$0.78 loss in FY 2024) Full year 2025 results: EPS: US$0.56 (up from US$0.78 loss in FY 2024). Revenue: US$11.3m (up 119% from FY 2024). Net income: US$2.05m (up US$5.14m from FY 2024). Profit margin: 18% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Net interest margin (NIM): 3.92% (up from 3.65% in FY 2024). Cost-to-income ratio: 77.4% (down from 160.5% in FY 2024). Non-performing loans: 1.55% (up from 0.98% in FY 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 29
Catalyst Bancorp, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2025 Catalyst Bancorp, Inc. reported net loan charge-offs for the fourth quarter ended December 31, 2025. Net loan charge-offs totaled $42,000 during the fourth quarter of 2025, compared to net charge-offs of $2,000 during the third quarter of 2025. Recent Insider Transactions • Nov 02
Independent Director recently bought US$64k worth of stock On the 28th of October, Kirk Kleiser bought around 5k shares on-market at roughly US$13.41 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$253k more in shares than they have sold in the last 12 months. Recent Insider Transactions Derivative • Oct 29
Independent Director notifies of intention to sell stock Kirk Kleiser intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of October. If the sale is conducted around the recent share price of US$13.38, it would amount to US$64k. Since December 2024, Kirk's direct individual holding has increased from 44.06k shares to 46.52k. Company insiders have collectively bought US$190k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: US$0.13 (vs US$0.12 in 3Q 2024) Third quarter 2025 results: EPS: US$0.13 (up from US$0.12 in 3Q 2024). Revenue: US$2.80m (flat on 3Q 2024). Net income: US$489.0k (up 9.4% from 3Q 2024). Profit margin: 18% (up from 16% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 23
Catalyst Bancorp, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2025 Catalyst Bancorp, Inc. reported net loan charge-offs for the third quarter ended September 30, 2025. Net loan charge-offs totaled $2,000 during the third quarter of 2025, compared to net charge-offs of $42,000 during the second quarter of 2025. Reported Earnings • Jul 27
Second quarter 2025 earnings released: EPS: US$0.14 (vs US$0.13 in 2Q 2024) Second quarter 2025 results: EPS: US$0.14. Revenue: US$2.81m (up 3.6% from 2Q 2024). Net income: US$521.0k (down 1.1% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Duyuru • Jul 24
Catalyst Bancorp, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2025 Catalyst Bancorp, Inc. reported net loan charge-offs for the second quarter ended June 30, 2025. Net loan charge-offs totaled $42,000 during the second quarter of 2025, compared to net charge-offs of $39,000 for the first quarter of 2025. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: US$0.16 (vs US$1.14 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.16 (up from US$1.14 loss in 1Q 2024). Net income: US$586.0k (up US$5.26m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Duyuru • Apr 17
Catalyst Bancorp, Inc., Annual General Meeting, May 20, 2025 Catalyst Bancorp, Inc., Annual General Meeting, May 20, 2025. Location: catalyst bank, 235north court street, louisiana 70570, opelousas United States Duyuru • Jan 23
Catalyst Bancorp, Inc. Reports Net Charge Off for the Fourth Quarter Ended December 31, 2024 Catalyst Bancorp, Inc. reported net charge off for the fourth quarter ended December 31, 2024. Net loan charge-offs totaled $2,000 during the fourth quarter of 2024, compared to net charge-offs of $63,000 a year ago. Recent Insider Transactions • Dec 05
President recently bought US$172k worth of stock On the 3rd of December, Joseph Zanco bought around 15k shares on-market at roughly US$11.82 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Duyuru • Oct 25
Catalyst Bancorp, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2024 Catalyst Bancorp, Inc. reported net loan charge-offs for the third quarter ended September 30, 2024. Net loan charge-offs totaled $131,000 during the third quarter of 2024. New Risk • May 03
New major risk - Revenue and earnings growth Earnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Revenue is less than US$5m (US$3.9m revenue). Market cap is less than US$100m (US$53.6m market cap). Duyuru • Apr 20
Catalyst Bancorp, Inc., Annual General Meeting, May 21, 2024 Catalyst Bancorp, Inc., Annual General Meeting, May 21, 2024, at 08:00 Central Standard Time. Location: headquarters, located at 235 North Court Street Opelousas Louisiana United States Agenda: To elect three directors for a three-year term expiring in 2027, and until their successors are elected and qualified; to ratify the appointment of castaing, hussey & lolan, llc, as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to transact such other business, as may properly come before the meeting or at any adjournment thereof. we are not aware of any other such business. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: US$0.14 (vs US$0.037 in FY 2022) Full year 2023 results: EPS: US$0.14 (up from US$0.037 in FY 2022). Revenue: US$9.26m (up 4.3% from FY 2022). Net income: US$602.0k (up 234% from FY 2022). Profit margin: 6.5% (up from 2.0% in FY 2022). Net interest margin (NIM): 3.10% (up from 2.75% in FY 2022). Cost-to-income ratio: 91.4% (down from 102.6% in FY 2022). Non-performing loans: 1.37% (up from 1.26% in FY 2022). Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: US$0.14 (vs US$0.037 in FY 2022) Full year 2023 results: EPS: US$0.14 (up from US$0.037 in FY 2022). Revenue: US$9.26m (up 4.3% from FY 2022). Net income: US$602.0k (up 234% from FY 2022). Profit margin: 6.5% (up from 2.0% in FY 2022). Duyuru • Jan 26
Catalyst Bancorp, Inc. Reports Unaudited Consolidated Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2023 Catalyst Bancorp, Inc. reported unaudited consolidated net loan charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported net loan charge-offs totaled $63,000. Reported Earnings • Oct 28
Third quarter 2023 earnings released: EPS: US$0.03 (vs US$0.028 in 3Q 2022) Third quarter 2023 results: EPS: US$0.03 (up from US$0.028 in 3Q 2022). Revenue: US$2.28m (flat on 3Q 2022). Net income: US$170.0k (up 22% from 3Q 2022). Profit margin: 7.5% (up from 6.1% in 3Q 2022). Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: US$0.01 (vs US$0.004 in 2Q 2022) Second quarter 2023 results: EPS: US$0.01 (up from US$0.004 in 2Q 2022). Revenue: US$2.22m (down 6.6% from 2Q 2022). Net income: US$39.0k (up 117% from 2Q 2022). Profit margin: 1.8% (up from 0.8% in 2Q 2022). The increase in margin was driven by lower expenses. Recent Insider Transactions • May 21
Independent Director & Secretary recently bought US$82k worth of stock On the 18th of May, Ted Bellard bought around 8k shares on-market at roughly US$9.94 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$308k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 12
Independent Director recently bought US$50k worth of stock On the 8th of May, Kirk Kleiser bought around 5k shares on-market at roughly US$9.63 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$60k. Insiders have collectively bought US$203k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 04
Independent Director recently bought US$60k worth of stock On the 1st of May, Kirk Kleiser bought around 6k shares on-market at roughly US$10.95 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$105k more in shares than they have sold in the last 12 months. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: US$0.02 (vs US$0.027 loss in 1Q 2022) First quarter 2023 results: EPS: US$0.02 (up from US$0.027 loss in 1Q 2022). Revenue: US$2.26m (up 12% from 1Q 2022). Net income: US$73.0k (up US$204.0k from 1Q 2022). Profit margin: 3.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: US$0.04 (vs US$0.40 in FY 2021) Full year 2022 results: EPS: US$0.04 (down from US$0.40 in FY 2021). Revenue: US$8.88m (down 13% from FY 2021). Net income: US$180.0k (down 91% from FY 2021). Profit margin: 2.0% (down from 19% in FY 2021). The decrease in margin was primarily driven by lower revenue. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Oct 29
Catalyst Bancorp, Inc. Announces Net Loan Charge-Offs for the Third Quarter of 2022 Catalyst Bancorp, Inc. announced Net loan charge-offs for the third quarter of 2022. Net loan charge-offs totaled $61,000 during the third quarter of 2022, compared to net loan charge-offs of $4,000 for the second quarter of 2022. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.03 (vs US$0.27 in 3Q 2021) Third quarter 2022 results: EPS: US$0.03 (down from US$0.27 in 3Q 2021). Revenue: US$2.28m (up 22% from 3Q 2021). Net income: US$139.0k (down 90% from 3Q 2021). Profit margin: 6.1% (down from 77% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Jul 30
Second quarter 2022 earnings released Second quarter 2022 results: EPS: US$0.01. Revenue: US$2.38m (up 3.9% from 2Q 2021). Net income: US$18.0k (down 93% from 2Q 2021). Profit margin: 0.8% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • May 01
First quarter 2022 earnings released First quarter 2022 results: US$0.03 loss per share. Revenue: US$2.02m (up 5.9% from 1Q 2021). Net loss: US$131.0k (down 187% from profit in 1Q 2021). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Apr 13
Catalyst Bancorp, Inc., Annual General Meeting, May 17, 2022 Catalyst Bancorp, Inc., Annual General Meeting, May 17, 2022, at 08:00 Central Standard Time. Location: St. Landry Homestead Federal Savings Bank 235 North Court Street Opelousas Louisiana United States Agenda: To elect two directors for a three-year term expiring in 2025, and until their successors are elected and qualified; to consider and approve the adoption of the 2022 Stock Option Plan; to consider and approve the adoption of the 2022 Recognition and Retention Plan and Trust Agreement; to ratify the appointment of Castaing, Hussey & Lolan, LLC, as independent registered public accounting firm for the fiscal year ending December 31, 2022; to adopt a non-binding resolution to approve the compensation of named executive officers; to consider an advisory vote on the frequency of the non-binding resolution to approve the compensation of our named executive officers; and to transact such other business, as may properly come before the meeting or at any adjournment thereof. Reported Earnings • Apr 01
Full year 2021 earnings released Full year 2021 results: EPS: US$0.40. Revenue: US$10.2m (up 51% from FY 2020). Net income: US$1.93m (up US$2.63m from FY 2020). Profit margin: 19% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Net interest margin (NIM): 2.91% (down from 3.09% in FY 2020). Cost-to-income ratio: 81.6% (down from 102.5% in FY 2020). Non-performing loans: 0.68% (down from 0.80% in FY 2020). Board Change • Feb 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. President, CEO & Director Joe Zanco was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 15
Independent Director & Secretary recently bought US$250k worth of stock On the 12th of October, Ted Bellard bought around 25k shares on-market at roughly US$10.00 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$1.4m more in shares than they have sold in the last 12 months.