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 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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LOS ANGELES, May 26, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY) announced that its subsidiary bank, Cathay Bank, has entered into a purchase and assumption agreement with HSBC Bank USA, National Association ("HSBC"), to purchase 10 HSBC retail branches in California and additional loans and deposits associated with HSBC's West Coast mass retail market consumer banking business and retail business banking business. Cathay General Bancorp Executive Chairman Dunson K.

Cathay Bank To Acquire 10 Branches And Select West Coast Loans And Deposits From HSBC

Cathay General Bancorp (CATY) CEO Chang Liu on Q1 2021 Results - Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 17.95% and 0.48%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Q1 Earnings and Revenues Beat Estimates

Shares of Cathay General (NASDAQ:CATY) decreased 1.2% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 55.93% year over year to $0.92, which beat the estimate of $0.77.

Cathay General: Q1 Earnings Insights

LOS ANGELES, April 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 March 31, 2021.  The Company reported net income of $73.4 million, or $0.92 per share, for the first quarter of 2021.

Cathay General Bancorp Announces First Quarter 2021 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) Reports Next Week: Wall Street Expects Earnings Growth

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

Cathay General Bancorp to Announce First Quarter 2021 Financial Results

Cathay General Bancorp (CATY) rewards investors with new share repurchase plan. This, along with steady dividend payments, will continue enhancing shareholder value.

Cathay General Bancorp (CATY) Up 1.2% on New Share Buyback Plan

Let's see if Cathay (CATY) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Consider Cathay (CATY) Stock Now?

LOS ANGELES, March 31, 2021 /PRNewswire/ -- Cathay Bank is pleased to announce it has opened a new Commercial Banking office in Woodland Hills, which will cover businesses in the San Fernando Valley, portions of West Los Angeles, the Santa Clarita Valley and Ventura County. The new office houses a growing team of veteran commercial lenders with long-standing professional ties in the Valley.

Cathay Bank Announces Opening Of San Fernando Valley Commercial Banking Office

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

Why Cathay General Bancorp (CATY) Stock Might be a Great Pick?

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

Here's Why Momentum Investors Will Love Cathay General (CATY)

Cathay General Bancorp (CATY) CEO Chang Liu on Q4 2020 Results - Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 15.58% and -0.11%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Q4 Earnings Top Estimates

LOS ANGELES, Jan. 27, 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 and year ended December 31, 2020. The Company reported net income of...

Cathay General Bancorp Announces Fourth Quarter and Full Year 2020 Results

LOS ANGELES, Jan. 12, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its fourth quarter and full year 2020 financial results after the markets close on Wednesday, January 27, 2021. Cathay General Bancorp has...

Cathay General Bancorp to Announce Fourth Quarter and Full Year 2020 Financial Results

The bank's credit quality continues to remain best in class. The margin looks like it is ready to work its way higher.

Cathay General Bancorp: Revenue Growth Supports Share Price Upside

Cathay General Bancorp (CATY) CEO Chang Liu on Q3 2020 Results - Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 16.39% and -0.35%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Q3 Earnings Beat Estimates

LOS ANGELES, Oct. 26, 2020 /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, 2020. The Company reported net income of $56.8...

Cathay General Bancorp Announces Third Quarter 2020 Results

LOS ANGELES, Oct. 21, 2020 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company of Cathay Bank, celebrated the 30th anniversary of its listing on the Nasdaq Global Select Market today. The occasion was marked by a virtual ringing of the opening bell at the Nasdaq...

Cathay General Bancorp Celebrates 30 Years On Nasdaq

LOS ANGELES, Oct. 8, 2020 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its third quarter 2020 financial results after the markets close on Monday, October 26, 2020. Cathay General Bancorp has scheduled a conference...

Cathay General Bancorp to Announce Third Quarter 2020 Financial Results

A solid credit history should support a valuation premium to peers, where as the bank currently trades at a discount.

Cathay General: Margin Expansion Should Spark Better Returns

Cathay General Bancorp (CATY) CEO Pin Tai on Q2 2020 Results - Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 23.64% and 3.99%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Cathay General Bancorp Stock (CATY)