CLST Q3 FY2026 earnings: results, stock reaction and implied move

Reported results

GAAP net income for the third quarter of 2026 was $978,000, or $0.27 per diluted common share, compared to $524,000, or $0.14 diluted EPS, for the second quarter of 2026.
Excluding merger-related expenses, non-GAAP net income totaled $1.9 million, or $0.51 non-GAAP diluted EPS, for the third quarter of 2026.
Non-GAAP return on average assets was 1.24% and non-GAAP return on average tangible common equity was 11.05% for the third quarter of 2026.
Net interest income for the third quarter of 2026 was $5.2 million, up $2.6 million, or 99%, compared to the second quarter of 2026.
The Company recorded a $261,000 reversal of provision for credit losses for the third quarter of 2026, compared to a $104,000 reversal for the second quarter of 2026.
Total loans were $383.5 million at September 30, 2026, up $220.7 million, or 136%, from June 30, 2026.

On July 14, 2026, the Company completed the acquisition of Lakeside Bancshares, Inc. and its subsidiary, Lakeside Bank.

The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.