earnings
confidence high
sentiment positive
materiality 0.65
Catalyst Bancorp Q4 net income up 40% to $626K; loans grow record 15% YoY
Catalyst Bancorp, Inc.
2024-FY EPS reported
-$0.78
- Net income of $626K for Q4 2024, up 40% from $447K in Q3 2024.
- Loan portfolio grew $22.2M (15%) for full year ended Dec 2024; total loans $167.1M.
- Net interest margin increased to 3.92% from 3.86%; net interest income $2.5M.
- Paid off $20M BTFP advance; deposits up 11% to $185.7M mainly on seasonal public funds.
- Repurchased 120,977 shares at avg $11.70 in Q4; 187,150 shares remaining under plan.