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 | $4.9K | — | — |
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.
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