Cathay General Bancorp (CATY)

NASDAQ: CATY · IEX Real-Time Price · USD
37.79
-0.45 (-1.18%)
Mar 28, 2024, 3:59 PM EDT - Market closed
-1.18%
Market Cap 2.77B
Revenue (ttm) 784.06M
Net Income (ttm) 354.12M
Shares Out 72.67M
EPS (ttm) 4.86
PE Ratio 7.87
Forward PE 9.25
Dividend $1.36 (3.60%)
Ex-Dividend Date Feb 27, 2024
Volume 814,092
Open 38.02
Previous Close 38.24
Day's Range 37.67 - 38.43
52-Week Range 27.24 - 45.72
Beta 1.12
Analysts Hold
Price Target 37.80 (+0.03%)
Earnings Date Apr 18, 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 $37.8, which is an increase of 0.03% from the latest price.

Price Target
$37.8
(0.03% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

5 weeks 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 ...

2 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...

2 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 ...

5 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...

6 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 ...

8 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 ...

9 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 ...

1 year 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...

1 year 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...

1 year 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

Cathay General Bancorp to Announce First Quarter 2022 Financial Results

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

2 years ago - Business Wire

Cathay Bank Offers Autobooks Digital Banking Solutions

LOS ANGELES--(BUSINESS WIRE)--Cathay Bank announced that it has expanded its online business solutions to offer payment and invoicing services through Autobooks. Autobooks is an emerging leader in dig...

2 years ago - Business Wire