Catalyst Bancorp Files 8-K on Operations & Financial Condition
Ticker: CLST · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1849867
| Field | Detail |
|---|---|
| Company | Catalyst Bancorp, Inc. (CLST) |
| Form Type | 8-K |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**Catalyst Bancorp just dropped an 8-K on its financials, signaling an update on their performance.**
AI Summary
Catalyst Bancorp, Inc. filed an 8-K on January 25, 2024, to report on its results of operations and financial condition. This filing, under SEC File Number 001-40893, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely glimpse into the company's health and operational efficiency, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with current information on Catalyst Bancorp's financial health, which is crucial for evaluating the company's performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for reporting financial condition and does not inherently indicate a high level of risk.
Analyst Insight
Investors should review the full financial statements and results of operations once they are made available to understand the specific details of Catalyst Bancorp's performance and its potential impact on the stock.
Key Players & Entities
- Catalyst Bancorp, Inc. (company) — the registrant filing the 8-K
- January 25, 2024 (date) — date of earliest event reported and filing date
- 001-40893 (string) — SEC File Number for Catalyst Bancorp, Inc.
- CLST (string) — trading symbol for Catalyst Bancorp, Inc. Common Stock
- Nasdaq Capital Market (string) — exchange where Catalyst Bancorp, Inc. Common Stock is registered
FAQ
What is the purpose of this 8-K filing by Catalyst Bancorp, Inc.?
This 8-K filing by Catalyst Bancorp, Inc. is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the ITEM INFORMATION section of the filing.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 25, 2024, as stated under 'Date of Report (Date of earliest event reported) January 25, 2024'.
What is the trading symbol and exchange for Catalyst Bancorp, Inc.'s Common Stock?
The trading symbol for Catalyst Bancorp, Inc.'s Common Stock is CLST, and it is registered on the Nasdaq Capital Market, as indicated under 'Title of each Class Trading Symbol(s) Name of each exchange on which registered Common Stock CLST Nasdaq Capital Market'.
What is the business address and phone number of Catalyst Bancorp, Inc.?
Catalyst Bancorp, Inc.'s business address is 235 N. Court Street, Opelousas, Louisiana 70570, and its telephone number is (337) 948-3033, according to the 'BUSINESS ADDRESS' and 'Registrant’s telephone number' sections.
Is Catalyst Bancorp, Inc. considered an emerging growth company?
The filing includes a checkbox 'Indicate by check mark whether the registrant is an emerging growth company...', but the box is not checked, implying that Catalyst Bancorp, Inc. is not currently identifying itself as an emerging growth company for the purposes of this filing.
Filing Stats: 476 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-01-25 10:00:47
Filing Documents
- clst-20240125x8k.htm (8-K) — 44KB
- clst-20240125xex99d1.htm (EX-99.1) — 869KB
- 0001849867-24-000003.txt ( ) — 1069KB
- clst-20240125.xsd (EX-101.SCH) — 3KB
- clst-20240125_lab.xml (EX-101.LAB) — 16KB
- clst-20240125_pre.xml (EX-101.PRE) — 10KB
- clst-20240125x8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
ITEM 2.02 Results of Operations and Financial Condition On January 25, 2024, the Company announced its quarterly and annual results for the periods ended December 31, 2023. A copy of the related press release (the "Press Release") is attached as Exhibit 99.1 to this Current Report on Form 8-K. The Press Release attached hereto, which is incorporated herein by reference, is being furnished to the SEC and shall not be deemed "filed" for any purpose except as otherwise provided herein.
01 Financial Statements and Exhibits
ITEM 9.01 Financial Statements and Exhibits (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits The following exhibits are included herein: Exhibit Number Description 99.1 Press Release, dated January 25, 2024 104 Cover Page Interactive Data File. Embedded within the Inline XBRL document. 2 Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CATALYST BANCORP, INC. Date: January 25, 2024 By: /s/ Joseph B. Zanco Joseph B. Zanco President and Chief Executive Officer 3