Cathay General Bancorp (CATY)
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]
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 StatementsAnalyst 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.
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 ...
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 ...
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...
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 ...
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...
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 ...
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 ...
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 ...
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...
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.
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 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...
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 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 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...
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 ...
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 ...
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...
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...
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 ...
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...
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...
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...