Cathay General Bancorp (CATY)

Market Cap	2.72B
Revenue (ttm)	692.22M
Net Income (ttm)	285.98M
Shares Out	70.29M
EPS (ttm)	3.95
PE Ratio	9.78
Forward PE	9.14
Dividend	$1.36 (3.52%)
Ex-Dividend Date	Feb 27, 2025

Volume	581,994
Open	38.52
Previous Close	38.34
Day's Range	38.28 - 38.87
52-Week Range	33.88 - 55.29
Beta	0.98
Analysts	Hold
Price Target	50.80 (+31.5%)
Earnings Date	Apr 21, 2025

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. It offers savings accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits, and acceptance of checking, savings, and time deposits. The company also provides loan products, such as commercial loans, small business administration loans, reside...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1962
• Employees: 1,266
• Stock Exchange: NASDAQ
• Ticker Symbol: CATY
• Website: https://www.cathaygeneralbancorp.com

Financial Performance

In 2024, Cathay General Bancorp's revenue was $692.22 million, a decrease of -11.71% compared to the previous year's $784.06 million. Earnings were $285.98 million, a decrease of -19.24%.

Analyst Forecast

According to 5 analysts, the average rating for CATY stock is "Hold." The 12-month stock price forecast is $50.8, which is an increase of 31.50% from the latest price.

Price Target

$50.8

(31.50% upside)

Analyst Consensus: Hold