Catalyst Bancorp, Inc. CLST
BUSINESS OF CATALYST BANCORP, INC.
Catalyst Bancorp, Inc. ("Catalyst Bancorp" or the "Company") was incorporated by St. Landry Homestead Federal Savings Bank ("St. Landry Homestead" or the "Bank") in February 2021 as part of the conversion of St. Landry Homestead from the mutual to the stock form of organization. In June 2022, St. Landry Homestead changed its name to Catalyst Bank (the "Bank").
The conversion of the Bank from the mutual to the stock form of organization (the "Conversion") was completed on October 12, 2021, at which time the Company acquired all of the issued and outstanding shares of common stock of the Bank and became the holding company for the Bank. As a result of the Conversion, the Bank is a wholly owned subsidiary of Catalyst Bancorp. Concurrently with consummation of the Conversion, the Company completed its initial public offering and issued 5,290,000 shares of its common stock.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $13.9M | $13.9M | $9.7M | $8.0M | $7.7M | $8.5M | — |
| Interest expense | $9.8M | $9.5M | $7.7M | $683.0K | $795.0K | $1.7M | — |
| Pre-tax income | $2.5M | -$4.0M | $587.0K | $159.0K | $2.4M | -$1.2M | — |
| Income tax | $452.0K | $894.0K | $61.0K | $21.0K | $484.0K | $474.0K | — |
| Net income | $2.1M | -$3.1M | $526.0K | $180.0K | $1.9M | -$703.0K | — |
| EPS, basic | 0.56 | -0.78 | 0.12 | 0.04 | 0.39 | — | — |
| EPS, diluted | 0.56 | -0.78 | 0.12 | 0.04 | — | — | — |
| Shares, diluted (wtd. avg.) | 3.7M | 3.9M | 4.4M | 4.9M | 4,869 | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $25.2M | $44.3M | $19.0M | $13.5M | $40.9M | $25.2M | $17.9M |
| Property, plant and equipment | $5.8M | $6.1M | $6.1M | $6.3M | $6.6M | $5.5M | — |
| Total assets | $282.9M | $276.7M | $270.9M | $263.4M | $285.6M | $224.7M | — |
| Long-term debt | $14.7M | $9.6M | $19.4M | $9.2M | $9.0M | $8.8M | — |
| Total liabilities | $201.2M | $196.5M | $186.4M | $174.8M | $187.1M | $174.2M | — |
| Retained earnings | $51.9M | $49.9M | $52.9M | $52.8M | $52.6M | $50.4M | — |
| Total equity | $81.7M | $80.2M | $84.6M | $88.5M | $98.6M | $50.8M | $51.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.3M | $3.2M | $2.0M | $772.0K | $3.4M | $857.0K | — |
| Depreciation and amortisation | $422.0K | $412.0K | $403.0K | $448.0K | $424.0K | $347.0K | — |
| Stock-based compensation | $897.0K | $812.0K | $769.0K | $472.0K | $73.0K | — | — |
| Capital expenditure | $188.0K | $430.0K | $172.0K | $252.0K | $1.5M | $547.0K | — |
| Investing cash flow | -$24.4M | $17.8M | -$267.0K | -$14.1M | -$46.6M | -$313.0K | — |
| Financing cash flow | $2.0M | $4.3M | $3.8M | -$14.0M | $58.8M | $6.8M | — |
| Buybacks | $2.6M | $5.8M | $6.3M | $2.3M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-037676.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $8.5M | $7.7M | $8.0M | $9.7M | $13.9M | $13.9M |
| Gross profit | — | — | — | — | — | — | — |
| Net income | — | -$703.0K | $1.9M | $180.0K | $526.0K | -$3.1M | $2.1M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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