CLST (Catalyst Bancorp) Interest Expense : $-3.83 Mil (TTM As of Sep. 2024)

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What is Catalyst Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Catalyst Bancorp's interest expense for the three months ended in Sep. 2024 was $ -1.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-3.83 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Catalyst Bancorp's Operating Income for the three months ended in Sep. 2024 was $ Mil. Catalyst Bancorp's Interest Expense for the three months ended in Sep. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Catalyst Bancorp Interest Expense Historical Data

The historical data trend for Catalyst Bancorp's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Catalyst Bancorp Interest Expense Chart

Catalyst Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.91

-1.71

-0.80

-0.68

-1.86

Catalyst Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.52	-0.56	-1.05	-1.08	-1.14

Catalyst Bancorp Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.83 Mil.

Catalyst Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Catalyst Bancorp Inc (NAS:CLST) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

235 N. Court Street, Opelousas, LA, USA, 70570

Website

https://www.catalystbank.com

Catalyst Bancorp Inc is a federally chartered community-oriented savings bank. The bank is engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The sources of funds are customer deposits, repayments of loans, maturities of investments, and funds borrowed from outside sources which are used for the origination of loans. The Bank derives its income principally from interest earned on loans and investment securities and, to a lesser extent, from fees received in connection with the origination of loans, service charges on deposit accounts, and other services.

Executives

Joseph B Zanco	director, officer: President and CEO	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Kirk E. Kleiser	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Ted D. Bellard	director, other: Secretary	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Bourque Jacques L.j.	officer: Chief Financial Officer	CATALYST BANCORP, INC., 235 NORTH COURT STREET, OPELOUSAS LA 70570
Jutta Codori	officer: Chief Financial Officer	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Matthew L. Scruggins	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Amanda B. Quebedeaux	officer: Director of Operations	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Simone S. Perry	officer: Chief Credit Officer	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Craig C. Lebouef	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Frederick R. Lafleur	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Todd A. Kidder	director, officer: Chairman of the Board	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570