Cathay General Bancorp (CATY)
| Market Cap | 3.28B |
| Revenue (ttm) | 537.43M |
| Net Income (ttm) | 228.86M |
| Shares Out | 79.58M |
| EPS (ttm) | 2.87 |
| PE Ratio | 14.31 |
| Forward PE | n/a |
| Dividend | $1.24 |
| Dividend Yield | 3.02% |
| Trading Day | April 19 |
| Last Price | $41.07 |
| Previous Close | $41.27 |
| Change ($) | -0.21 |
| Change (%) | -0.50% |
| Day's Open | 41.05 |
| Day's Range | 40.66 - 41.55 |
| Day's Volume | 102,535 |
| 52-Week Range | 20.22 - 45.19 |
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...
Cathay General Bancorp (CATY) rewards investors with new share repurchase plan. This, along with steady dividend payments, will continue enhancing shareholder value.
LOS ANGELES, April 1, 2021 /PRNewswire/ -- Cathay General Bancorp (the "Company", Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurc...
Let's see if Cathay (CATY) stock is a good choice for value-oriented investors right now from multiple angles.
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, po...
Cathay General Bancorp (CATY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Does Cathay General (CATY) have what it takes to be a top stock pick for momentum investors? Let's find out.
LOS ANGELES, March 17, 2021 /PRNewswire/ -- The 2021 Cathay Bank/UCLA Anderson Forecast U.S.-China Annual Economic Report focuses on the U.S. economy under the Biden administration, which may continue s...
LOS ANGELES, Feb. 18, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY) announced today that its Board of Directors declared a cash dividend of thirty-one cents per common share, payable on Mar...
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?
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...
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 af...
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 (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?
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...
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 to...
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.
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 ...
A solid credit history should support a valuation premium to peers, where as the bank currently trades at a discount.
LOS ANGELES, Aug. 20, 2020 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY) announced today that its Board of Directors declared a cash dividend of thirty-one cents per common share, payable on Sep...
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?
Shares of Cathay General (NASDAQ:CATY) fell 2.1% in after-market trading after the company reported Q2 results.
LOS ANGELES, July 27, 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...
LOS ANGELES, July 16, 2020 /PRNewswire/ -- Cathay General Bancorp (the "Company", Nasdaq: CATY), the holding company for Cathay Bank (the "Bank"), announced that Pin Tai, in accordance with his previous...
LOS ANGELES, July 9, 2020 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its second quarter 2020 financial results after the markets...
Is Cathay General Bancorp (CATY) a great pick from the value investor's perspective right now? Read on to know more.
Cathay General Bancorp (CATY) CEO Pin Tai on Q1 2020 Results - Earnings Call Transcript
Cathay General Bancorp's Earnings Likely To Dip
Cathay General Bancorp's (CATY) CEO Pin Tai on Q4 2019 Results - Earnings Call Transcript
Cathay (CATY) delivered earnings and revenue surprises of 1.20% and -1.60%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Cathay General Bancorp (CATY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings.
Cathay (CATY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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.
Is Cathay General (CATY) a great pick from the value investor's perspective right now? Read on to know more.
Loan growth is expected to be slower in 2020 than previously anticipated.
Cathay General Bancorp (CATY) CEO Pin Tai on Q3 2019 Results - Earnings Call Transcript
Cathay (CATY) delivered earnings and revenue surprises of 3.41% and 0.85%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
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.
Loan growth is likely to continue, but at a lower rate due to the outlook of economic slowdown.
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?
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 Bancorp (CATY) CEO Pin Tai on Q2 2019 Results - Earnings Call Transcript
Cathay (CATY) delivered earnings and revenue surprises of 4.65% and 1.33%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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 (CATY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Let's see if Cathay General Bancorp (CATY) stock is a good choice for value-oriented investors right now from multiple angles.
Cathay General Bancorp (CATY) CEO Pin Tai on Q1 2019 Results - Earnings Call Transcript
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...]
| Industry Banks-Regional | Founded 1962 |
| CEO Pin Tai | Employees 1,205 |
| Stock Exchange NASDAQ | Ticker Symbol CATY |
Financial Performance
In 2020, CATY's revenue was $537.43 million, a decrease of -14.24% compared to the previous year's $626.66 million. Earnings were $228.86 million, a decrease of -18.01%.
Analyst Forecasts
According to 5 analysts, the average rating for CATY stock is "Hold." The 12-month stock price forecast is 43.60, which is an increase of 6.17% from the latest price.