Catalyst Bancorp Trades Close to $16 Ahead of Lakeside Deal
Catalyst Bancorp Inc. was steady ahead of the U.S. open Friday, stuck near $15.91. Investors kept an eye on the next move in its planned $41.1 million buy of Lakeside Bancshares Inc. Nasdaq quotes showed little action, the stock stayed between $15.85 and $15.91 on low volume. Lately, it’s relevant because there hasn't been any new earnings surprise, deal price update, or dividend news. The latest company filing on Catalyst’s investor-relations page, dated May 21, just listed normal annual-meeting results. That puts the Lakeside deal as the next key thing for this thinly traded small-bank stock.