Catalyst Bancorp stock hits 52-week high at $12.36

Catalyst Bancorp Inc. (CLST) stock reached a 52-week high this week, trading at $12.36. The small-cap bank, with a market capitalization of $50.31 million, has demonstrated remarkable revenue growth of over 200% in the last twelve months. This peak reflects a notable milestone for the company, showcasing a period of sustained growth amidst a challenging economic climate. Over the past year, Catalyst Bancorp has seen its stock value increase by 2.92%, indicating a steady upward trend for investors and signaling confidence in the bank’s performance and future prospects. According to InvestingPro analysis, the stock appears slightly overvalued at current levels, with a P/E ratio of 21.03 and an overall Financial Health score of FAIR. The achievement of this 52-week high serves as a testament to the company’s resilience and strategic initiatives that continue to drive shareholder value. InvestingPro has identified several additional insights about CLST, including management’s aggressive share buyback program. Subscribers can access 4 more exclusive ProTips and detailed financial metrics.

In other recent news, Catalyst Bancorp, Inc. held its Annual Meeting where shareholders voted on several key proposals. The election of two directors, Todd A. Kidder and Kirk E. Kleiser, was confirmed, with both nominees successfully securing their positions for a three-year term. Additionally, shareholders ratified the appointment of HORNE LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. This proposal passed with a significant majority of votes in favor. A non-binding resolution to approve the compensation of the company’s named executive officers also received shareholder approval. The meeting achieved a quorum with 3,567,299 shares represented, out of the 4,205,201 shares eligible to vote. All proposals on the agenda were passed, reflecting strong shareholder support for the company’s leadership and strategic decisions. These developments were officially recorded in the company’s SEC filing.

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