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Catalyst Bancorp, Inc. Announces Agreement To Acquire Lakeside Bancshares, Inc.

ReutersApr 8, 2026 8:38 PM

April 8 (Reuters) - Catalyst Bancorp Inc CLST.O:

CATALYST BANCORP, INC. ANNOUNCES AGREEMENT TO ACQUIRE LAKESIDE BANCSHARES, INC.
CATALYST BANCORP INC: CATALYST WILL ACQUIRE LAKESIDE IN AN ALL-CASH TRANSACTION
CATALYST BANCORP INC: LAKESIDE'S SHAREHOLDERS (OTHER THAN DISSENTING SHARES) TO RECEIVE $19.58 PER SHARE IN CASH, OR $41.1 MILLION IN AGGREGATE
CATALYST BANCORP INC: CO ANTICIPATES TRANSACTION WILL BE OVER 180% ACCRETIVE TO EARNINGS PER SHARE ONCE COST SAVINGS ARE FULLY REALIZED

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