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

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Earnings data Q1 2022

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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 (CATY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Cathay (CATY) Rating Upgrade to Strong Buy

Cathay Bank focuses on the California and New York markets. About 28% of its portfolio consists of residential mortgages while a substantial portion of its CRE also has residential real estate as collateral.

Cathay General Bancorp Has An Attractive Loan Book With Low LTV Ratios

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), announced today that its subsidiary bank, Cathay Bank, has completed the purchase of HSBC Bank USA, National Association's (“HSBC”) West Coast mass retail market consumer banking business and retail business banking business. As a result of the acquisition, Cathay Bank will add 10 retail branches in California and additional loans and deposits associated with HSBC's West Coast mass retail market consumer and retail business ba

Cathay General Bancorp Completes HSBC West Coast Acquisition

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

Cathay General (CATY) Is Up 2.72% in One Week: What You Should Know

Cathay General Bancorp (CATY) CEO Chang Liu on Q4 2021 Results - Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 4.26% and 4.71%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Tops 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, 2021. The Company reported net income of $75.3 million, or $0.98 per share, for the fourth quarter of 2021, and net income of $298.3 million, or $3.80 per share, for the year ended December 31, 2021. FINANCIAL PERFORMANCE   Three months ended Year ended December 3

Cathay General Bancorp Announces Fourth Quarter and Full Year 2021 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 2021 financial results after the markets close on Thursday, January 27, 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: Thursday, January 27, 2022 Time: 3:00 p.m. Pacific Time (6:0

Cathay General Bancorp to Announce Fourth Quarter and Full Year 2021 Financial Results

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Cathay General Bancorp's (CATY) CEO Chang Liu on Q3 2021 Results - Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 2.20% and 0.61%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Q3 Earnings and Revenues Beat Estimates

LOS ANGELES, Oct. 25, 2021 /PRNewswire/ -- 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, 2021.  The Company reported net income of $72.4 million, or $0.93 per share, for the third quarter of 2021.

Cathay General Bancorp Announces Third Quarter 2021 Results

LOS ANGELES, Oct. 7, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its third quarter 2021 financial results after the markets close on Monday, October 25, 2021.  Cathay General Bancorp has scheduled a conference call as set forth below.

Cathay General Bancorp to Announce Third Quarter 2021 Financial Results

Cathay General Bancorp's (CATY) announcement of new share repurchase authorization will enhance shareholder value.

Cathay General Bancorp (CATY) Up 1.6% on New Share Buyback Plan

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LOS ANGELES, Aug. 19, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-one cents per common share, payable on September 9, 2021, to stockholders of record at the close of business on August 30, 2021. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank.

Cathay General Bancorp Declares $0.31 Per Share Dividend

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Cathay General Bancorp's (CATY) CEO Chang Liu on Q2 2021 Results - Earnings Call Transcript

LOS ANGELES, July 26, 2021 /PRNewswire/ -- 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 June 30, 2021.  The Company reported net income of $77.2 million, or $0.97 per share, for the second quarter of 2021.

Cathay General Bancorp Announces Second Quarter 2021 Results

Cathay General (NASDAQ:CATY) releases its next round of earnings this Monday, July 26. Here is Benzinga's essential guide to Cathay General's Q2 earnings report.

Earnings Outlook For Cathay General

LOS ANGELES, July 8, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its second quarter 2021 financial results after the markets close on Monday, July 26, 2021.  Cathay General Bancorp has scheduled a conference call as set forth below.

Cathay General Bancorp to Announce Second Quarter 2021 Financial Results

Cathay General Bancorp (CATY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

News for Cathay General Bancorp Stock (CATY)