Cathay General Bancorp (CATY)
| Market Cap | 3.37B |
| Revenue (ttm) | 735.22M |
| Net Income (ttm) | 338.37M |
| Shares Out | 74.41M |
| EPS (ttm) | 4.50 |
| PE Ratio | 10.07 |
| Forward PE | n/a |
| Dividend | $1.36 (3.00%) |
| Ex-Dividend Date | Nov 28, 2022 |
| Volume | 323,399 |
| Open | 44.94 |
| Previous Close | 45.11 |
| Day's Range | 43.69 - 45.69 |
| 52-Week Range | 37.37 - 48.88 |
| Beta | 1.17 |
| Analysts | Buy |
| Price Target | 48.62 (+7.31%) |
| Earnings Date | Jan 25, 2023 |
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]
Financial Performance
In 2021, CATY's revenue was $668.37 million, an increase of 24.36% compared to the previous year's $537.43 million. Earnings were $298.30 million, an increase of 30.34%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for CATY stock is "Buy." The 12-month stock price forecast is $48.62, which is an increase of 7.31% from the latest price.
News
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 ...
Cathay General (CATY) Misses Q4 Earnings and Revenue Estimates
Cathay (CATY) delivered earnings and revenue surprises of -5% and 1.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
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...
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...
Are Finance Stocks Lagging Cathay General Bancorp (CATY) This Year?
Here is how Cathay General (CATY) and Associated Banc-Corp (ASB) have performed compared to their sector so far this year.
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 December 9, 2022,...
Should You Buy Cathay General (CATY) After Golden Cross?
When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?
Are You Looking for a Top Momentum Pick? Why Cathay General (CATY) is a Great Choice
Does Cathay General (CATY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Best Momentum Stocks to Buy for October 27th
IBA, CATY and ONB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 27, 2022.
New Strong Buy Stocks for October 27th
BXRX, SSB, IBA, CATY and KOF have been added to the Zacks Rank #1 (Strong Buy) List on October 27, 2022.
Best Income Stocks to Buy for October 27th
SSB, KOF and CATY made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 27, 2022.
Cathay General (CATY) Tops Q3 Earnings and Revenue Estimates
Cathay (CATY) delivered earnings and revenue surprises of 3.85% and 2.81%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
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 ...
Cathay General (CATY) Could Be a Great Choice
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 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...
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.
Cathay General (CATY) Earnings Expected to Grow: Should You Buy?
Cathay (CATY) possesses 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 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...
Why Cathay General (CATY) is a Great Dividend Stock Right Now
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?
Why Cathay General (CATY) is a Top Dividend Stock for Your Portfolio
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 (CATY) is a Top Dividend Stock Right Now: Should You Buy?
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 (CATY) Is Up 0.86% in One Week: What You Should Know
Does Cathay General (CATY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Is Cathay General Bancorp (CATY) Stock Outpacing Its Finance Peers This Year?
Here is how Cathay General (CATY) and Chubb (CB) have performed compared to their sector so far this year.
This is Why Cathay General (CATY) is a Great Dividend Stock
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 (CATY) Beats Q2 Earnings and Revenue Estimates
Cathay (CATY) delivered earnings and revenue surprises of 2.61% and 3.24%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?