Cathay General Bancorp (CATY)

NASDAQ: CATY · IEX Real-Time Price · USD
37.66
+0.02 (0.05%)
May 10, 2024, 4:00 PM EDT - Market closed
0.05%
Market Cap 2.74B
Revenue (ttm) 758.76M
Net Income (ttm) 329.55M
Shares Out 72.69M
EPS (ttm) 4.52
PE Ratio 8.27
Forward PE 9.11
Dividend $1.36 (3.61%)
Ex-Dividend Date Feb 27, 2024
Volume 208,504
Open 37.59
Previous Close 37.64
Day's Range 37.32 - 37.76
52-Week Range 27.76 - 45.72
Beta 1.12
Analysts Hold
Price Target 39.00 (+3.56%)
Earnings Date Apr 22, 2024

About CATY

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans... [Read more]

Sector Financials
Founded 1962
Employees 1,246
Stock Exchange NASDAQ
Ticker Symbol CATY
Full Company Profile

Financial Performance

In 2023, CATY's revenue was $784.06 million, an increase of 1.04% compared to the previous year's $775.97 million. Earnings were $354.12 million, a decrease of -1.81%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CATY stock is "Hold." The 12-month stock price forecast is $39.0, which is an increase of 3.56% from the latest price.

Price Target
$39.0
(3.56% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Cathay General Bancorp Announces First Quarter 2024 Results

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 ...

18 days ago - Business Wire

Cathay General Bancorp to Announce First Quarter 2024 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its first quarter 2024 financial results after the markets close on M...

5 weeks ago - Business Wire

Cathay General Bancorp Declares $0.34 Per Share Dividend

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on March 11, 2024, to ...

3 months ago - Business Wire

Cathay General Bancorp Announces Fourth Quarter and Full Year 2023 Results

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 ...

3 months ago - Business Wire

Cathay General Bancorp to Announce Fourth Quarter and Full Year 2023 Financial 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 2023 financial results after the mar...

4 months ago - Business Wire

Cathay General Bancorp Announces Third Quarter 2023 Results

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 ...

7 months ago - Business Wire

Cathay General Bancorp to Announce Third Quarter 2023 Financial Results

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

7 months ago - Business Wire

Cathay General Bancorp Announces Second Quarter 2023 Results

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 ...

10 months ago - Business Wire

Cathay General Bancorp to Announce Second Quarter 2023 Financial Results

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

11 months ago - Business Wire

Cathay General Bancorp Announces First Quarter 2023 Results

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 ...

1 year ago - Business Wire

Cathay General Bancorp to Announce First Quarter 2023 Financial Results

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 T...

1 year ago - Business Wire

Cathay's CEO wants to turn the airline back to profitability, but faces manpower constraints

Cathay Pacific hopes to be profitable again in 2023, but returning to its pre-pandemic capacity is going to be a challenge, its CEO told CNBC.

1 year ago - CNBC

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

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 ...

1 year ago - Business Wire

Cathay General Bancorp Announces Fourth Quarter and Full Year 2022 Results

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 th...

1 year ago - Business Wire

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

1 year ago - Business Wire

Cathay General Bancorp Announces Third Quarter 2022 Results

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 ...

1 year ago - Business Wire

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 , 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 an...

1 year ago - PRNewsWire

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

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

1 year ago - Business Wire

Cathay General Bancorp to Announce Third Quarter 2022 Financial Results

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 M...

1 year ago - Business Wire

Cathay General Bancorp Announces Second Quarter 2022 Results

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 ...

1 year ago - Business Wire

Cathay General Bancorp to Announce Second Quarter 2022 Financial Results

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its second quarter 2022 financial results after the markets close on ...

2 years ago - Business Wire

Cathay Bank Celebrates Its 60th Anniversary

LOS ANGELES--(BUSINESS WIRE)--This year marks Cathay Bank's 60th Anniversary. Founded in 1962 in Los Angeles Chinatown, the bank's initial focus was to serve the growing and underserved Chinese Americ...

2 years ago - Business Wire

Cathay General Bancorp Adopts New Share Repurchase Program

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase progra...

2 years ago - Business Wire

Cathay General Bancorp Announces First Quarter 2022 Results

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 ...

2 years ago - Business Wire

Cathay General Bancorp Ranked Ninth by S&P Global Market Intelligence

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp, the holding company of Cathay Bank, earned the ninth spot on the 2021 S&P Global Market Intelligence ranking of U.S. public banks by financial per...

2 years ago - Business Wire