--- title: "Catalyst Bancorp To Acquire Lakeside Bancshares In All-Cash Deal" type: "News" locale: "en" url: "https://longbridge.com/en/news/282153545.md" description: "Catalyst Bancorp Inc (CLST) has announced its acquisition of Lakeside Bancshares Inc (LKSB) in an all-cash deal valued at approximately $41.1 million, with Lakeside shareholders receiving $19.58 per share. The merger aims to enhance Catalyst's presence in southwest Louisiana and is expected to be accretive to earnings per share within three years. The transaction, approved by both boards, is set to close in Q3 2026, pending regulatory and shareholder approvals. Catalyst's shares rose 2.69% following the announcement." datetime: "2026-04-09T07:42:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282153545.md) - [en](https://longbridge.com/en/news/282153545.md) - [zh-HK](https://longbridge.com/zh-HK/news/282153545.md) --- # Catalyst Bancorp To Acquire Lakeside Bancshares In All-Cash Deal Add as your preferred news source on Google Add Now Catalyst Bancorp Inc (CLST) announced that it has signed a definitive agreement to acquire Lakeside Bancshares Inc (LKSB) in an all-cash transaction, strengthening its presence in southwest Louisiana. Under the deal, Lakeside will merge into Catalyst, with Catalyst bank as the surviving bank. Lakeside shareholders will receive $19.58 per share in cash, totaling approximately $41.1 million, subject to certain adjustments. The transaction is expected to enhance earnings potential, while expanding its customer base and market reach. The combined entity, based on December 31, 2025, data, will have assets of about $627.3 million, including $399.9 million in loans and $470.0 million in deposits. Both companies' boards have unanimously approved the deal, which is expected to close in the third quarter of 2026, subject to regulatory and shareholder approvals. Catalyst expects the acquisition to be more than 180 percent accretive to earnings per share within three years, driven by cost savings. Brean Capital, LLC acted as financial advisor to Catalyst and Jones Walker LLP acted as its legal advisor in the transaction. Sheshunoff & Co Investment Banking acted as financial advisor to Lakeside and Fenimore Kay Harrison LLP acted as its legal advisor in the transaction. On the Nasdaq, shares of Catalyst were gaining 2.69 percent after the bell, trading at $17.56, after closing Wednesday's regular trading 1.63 percent higher. For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [CLST.US](https://longbridge.com/en/quote/CLST.US.md) - [LSH.US](https://longbridge.com/en/quote/LSH.US.md) ## Related News & Research - [BlackRock-backed Commonwealth LNG approves $13B Louisiana export project](https://longbridge.com/en/news/286570209.md) - [08:42 ETWeAuto Dealership Simplifies Car Financing with Online Pre-Approval in Baton Rouge, LA](https://longbridge.com/en/news/286914738.md) - [Justice Jackson slams Supreme Court’s handling of rush appeal in Louisiana redistricting case](https://longbridge.com/en/news/286845162.md) - [Home BancShares, Inc. $HOMB is Barr E S & Co.'s 10th Largest Position](https://longbridge.com/en/news/286666470.md) - [Barbecue on the Geaux! Dickey’s Barbecue Pit Opens Convenient New Fuel Station Location in Thibodaux](https://longbridge.com/en/news/286603842.md)