CLST's Q2 Earnings Flat Y/Y, Merger Costs and Loan Weakness Hurt
Catalyst Bancorp's second-quarter earnings per share were flat year over year, strained by merger costs and loan declines. These pressures were partly offset by higher net interest income, improving credit quality, and deposit growth.
Why it matters — A CLST watcher would care because merger costs and loan weakness are weighing on earnings even as net interest income, credit quality, and deposit growth provide support.