Added to YB: 2026-01-14
Pitch date: 2026-01-13
CLST [bullish]
Catalyst Bancorp, Inc.
+2.12%
current return
Author Info
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Company Info
Catalyst Bancorp, Inc. operates as a holding company for Catalyst Bank that provides various banking products and services to individuals and businesses in Louisiana.
Market Cap
$64.8M
Pitch Price
$15.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
29.01
EV/Sales
N/A
Sector
Banks
Category
value
Thrift Shopping
CLST: Louisiana thrift conversion at 0.7x TBV w/ 26.3% equity/assets. CEO Zanco (owns 2%, proven track record at IberiaBank/Home Bancorp) buying back 10% shares annually, focused on compounding TBVPS. 3.96% NIM, 0.1% net charge-offs (1.0% peak in GFC vs 1.9% peer avg). ROE 3.2% now, targets 8-12% via M&A/cost cuts. IRR: 11-15% base case, 15-35% if rerate to 1.0x TBV in 3-10yrs or acquired at 1.2-1.4x TBV (typical for conversions). Risk: bad M&A execution.
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