Cathay General Bancorp

Cathay General Bancorp is a holding company, which engages in the provision of financial services. It offers commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, home equity lines of credit, and installment loans to individuals for automobile, household, and other consumer expenditures. The company was founded on April 19, 1962 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cathay General Bancorp posts robust Q4 earnings amidst asset quality concerns

Cathay General Bancorp delivered strong financial results in Q4 2022, driven by loan growth and improved net income.
While facing challenges in asset quality and expense management, the bank's solid capital position and stable net interest margin present opportunities for growth.
Strategic focus on optimizing income streams and controlling expenses will be key to sustaining profitability and capitalizing on growth prospects.

Cathay General Bancorp reports stable earnings amidst deposit challenges

Cathay General Bancorp's Q1 2023 performance showed stable earnings but faced challenges in deposit and credit quality.
The bank's capital ratios strengthened, indicating a solid financial position and liquidity flexibility.
To capitalize on opportunities, the bank should focus on loan growth, cost management, and revenue diversification.
Strategic measures are needed to address challenges and leverage strengths for sustained growth and profitability.

Cathay General Bancorp reports steady Q2 performance amid growth opportunities

Cathay General Bancorp demonstrated solid performance with notable increases in loans and deposits.
While facing challenges such as rising expenses, the bank maintains a strong capital position and improved asset quality.
Opportunities lie in leveraging loan growth guidance, optimizing cost management, and exploring revenue diversification.
Overall, the bank's performance reflects resilience amidst evolving market conditions.

Cathay General Bancorp reports Q3 income dip, eyes expense management

Cathay General Bancorp faced a decline in net income in Q3 2023, driven by lower noninterest income and increased charge-offs. Despite challenges in noninterest income and loan classifications, the bank saw growth in deposits and capital ratios. Strategic focus on managing expenses and optimizing revenue streams presents opportunities for future performance.

Cathay General Bancorp posts solid Q4 earnings amidst growth opportunities

Cathay General Bancorp delivered a solid performance in Q4 2023, with improved asset quality and strong loan growth.
Despite challenges like rising noninterest expenses and potential regulatory discussions, the company's financial stability and growth prospects remain promising.
Opportunities lie in optimizing deposit growth, strategic capital management, and leveraging market demand for mortgage loans.
Overall, Cathay General Bancorp's focus on revenue diversification and prudent financial planning positions it well for continued success in 2024.

Cathay General Bancorp reports Q1 income decline, capital ratio growth

Cathay General Bancorp faced challenges with declining net income and noninterest income.
However, the bank strengthened its capital ratios and revised loan growth guidance.
Opportunities lie in stabilizing net interest margins and potential loan portfolio growth.
Managing nonaccrual loans will be crucial for sustained performance.

Cathay General Bancorp reports Q2 earnings decline, focuses on capital strength

Cathay General Bancorp faces challenges in profitability and credit quality but maintains strong capital strength and shareholder value focus.
Optimizing loan portfolio, managing credit risks, and enhancing operational efficiency present growth opportunities for the bank.
Monitoring credit quality, deposit growth, and strategic cost management will be crucial for sustaining financial performance and shareholder value.
Overall, Cathay General Bancorp's Q2 2024 performance reflects a mixed outlook with areas for improvement and strategic focus.

Cathay General Bancorp reports steady Q3 performance amidst growth challenges

Cathay General Bancorp demonstrated stable financial performance with increased net income and earnings per share.
While facing challenges in loan growth and credit provisions, the bank maintains a solid asset quality and deposit base.
Strategic focus on loan portfolio management and capital optimization can drive future growth and profitability.

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Cathay General Bancorp is a stable company with a bright future, demonstrating continued growth even during difficult times. The firm has low debt and a positive overall trajectory, with shares currently trading at 6.5 times last year's earnings. Despite concerns about the percentage of uninsured deposits, the company is rated a 'buy' due to its strong fundamentals and growth potential.

Cathay General Bancorp: Another Unfair Casualty Of The Banking Sector's Decline

While the top- and bottom-line numbers for Cathay (CATY) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Cathay (CATY) Q1 Earnings: A Look at Key Metrics

Cathay General Bancorp (CATY) Q1 2023 Earnings Call Transcript.

Cathay General Bancorp (CATY) Q1 2023 Earnings Call Transcript

Cathay General (CATY) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $0.99 per share a year ago.

Cathay General (CATY) Q1 Earnings Surpass Estimates

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the first quarter ended March 31, 2023. The Company reported net income of $96.0 million, or $1.32 per share, for the first quarter of 2023. FINANCIAL PERFORMANCE Three months ended (unaudited) March 31, 2023 December 31, 2022 March 31, 2022 Net income $ 96.0 million $ 97.6 million $ 75.

Cathay General Bancorp Announces First Quarter 2023 Results

Cathay (CATY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cathay General (CATY) Earnings Expected to Grow: Should You Buy?

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LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its first quarter 2023 financial results after the markets close on Thursday, April 20, 2023.

Cathay General Bancorp to Announce First Quarter 2023 Financial Results

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LOS ANGELES--( BUSINESS WIRE )--President and Chief Executive Officer of Cathay General Bancorp and Cathay Bank, Chang M. Liu, has been appointed by the Federal Reserve Bank of San Francisco to serve as a member on its Los Angeles Branch Board of Directors. Moreover, Mr. Liu has been elected as a California member director by the Federal Home Loan Bank of San Francisco to serve a four-year term between January 1, 2023, and December 31, 2026.

Chang M. Liu Appointed to the Los Angeles Branch Board of Federal Reserve Bank of San Francisco and Elected as California Member Director of the Federal Home Loan Bank of San Francisco

Cathay General Bancorp (NASDAQ:CATY ) Q4 2022 Earnings Conference Call January 25, 2023 6:00 PM ET Company Participants Georgia Lo - Investor Relations Chang Liu - President and Chief Executive Officer Heng Chen - Executive Vice President and Chief Financial Officer Conference Call Participants Chris McGratty - KBW Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Operator Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp's Fourth Quarter and Full Year 2022 Earnings Conference Call.

Cathay General Bancorp (CATY) Q4 2022 Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of -5% and 1.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Misses Q4 Earnings and Revenue Estimates

LOS ANGELES--( BUSINESS WIRE )--Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter and year ended December 31, 2022. The Company reported net income of $97.6 million, or $1.33 per share, for the fourth quarter of 2022, and net income of $360.6 million, or $4.83 per share, for the year ended December 31, 2022.

Cathay General Bancorp Announces Fourth Quarter and Full Year 2022 Results

LOS ANGELES--( BUSINESS WIRE )--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its fourth quarter and full year 2022 financial results after the markets close on Wednesday, January 25, 2023.

Cathay General Bancorp to Announce Fourth Quarter and Full Year 2022 Financial Results

Here is how Cathay General (CATY) and Associated Banc-Corp (ASB) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Cathay General Bancorp (CATY) This Year?

When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?

Should You Buy Cathay General (CATY) After Golden Cross?

Does Cathay General (CATY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Cathay General (CATY) is a Great Choice

Cathay General Bancorp (NASDAQ:CATY ) Q3 2022 Earnings Conference Call October 24, 2022 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President and CEO Heng Chen - EVP and CFO Conference Call Participants Brandon King - Truist Securities Gary Tenner - DA Davidson Andrew Terrell - Stephens Inc. Matthew Clark - Piper Sandler Chris McGratty - KBW Operator Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp's Third Quarter 2022 Earnings Conference Call. My name is Matt and I'll be your coordinator for today.

Cathay General Bancorp (CATY) Q3 2022 Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 3.85% and 2.81%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Tops Q3 Earnings and Revenue Estimates

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended September 30, 2022.

Cathay General Bancorp Announces Third Quarter 2022 Results

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cathay General (CATY) have what it takes?

Cathay General (CATY) Could Be a Great Choice

LOS ANGELES , Oct. 20, 2022 /PRNewswire/ -- Cathay Bank announced the release of the Cathay Bank | UCLA Anderson Forecast U.S.-China Economic Report 2022 Fall Update. The update reviews the changes and trends in international trade, global supply chains, U.S. economic outlook amid inflation and rising interest rates, regional economic performance in the U.S., and the outlook for a slowing China economy.

CATHAY BANK | UCLA ANDERSON FORECAST U.S.-CHINA ECONOMIC REPORT 2022 FALL UPDATE RELEASED The Influence of Current Events on U.S./China Relations and Economies

LOS ANGELES--(BUSINESS WIRE)--Cathay Bank announced the release of the Cathay Bank | UCLA Anderson Forecast U.S.-China Economic Report 2022 Fall Update.

Cathay Bank | UCLA Anderson Forecast U.S.-China Economic Report 2022 Fall Update Released

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its third quarter 2022 financial results after the markets close on Monday, October 24, 2022. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Date: Monday, October 24, 2022 Time: 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time

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