Cathay General Bancorp (CATY)

NASDAQ: CATY · IEX Real-Time Price · USD
46.25 -0.26 (-0.56%)
Jan 19, 2022 9:40 AM EST - Market open
Market Cap3.57B
Revenue (ttm)652.88M
Net Income (ttm)293.87M
Shares Out77.22M
EPS (ttm)3.71
PE Ratio12.47
Forward PEn/a
Dividend$1.27 (2.75%)
Ex-Dividend DateNov 26, 2021
Volume6,853
Open46.92
Previous Close46.51
Day's Range46.25 - 46.95
52-Week Range33.44 - 46.96
Beta1.37
AnalystsHold
Price Target46.40 (+0.3%)
Earnings Daten/a

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...

IndustryBanks
Founded1962
CEOPin Tai
Employees1,205
Stock ExchangeNASDAQ
Ticker SymbolCATY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CATY stock is "Hold." The 12-month stock price forecast is 46.40, which is an increase of 0.32% from the latest price.

Price Target
$46.40
(0.32% upside)
Analyst Consensus: Hold

News

Cathay General Bancorp to Announce Fourth Quarter and Full Year 2021 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 2021 financial results after the marke...

6 days ago - Business Wire

Cathay General Bancorp Declares $0.34 Per Share Dividend

LOS ANGELES, Nov. 18, 2021 /PRNewswire/ -- 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...

2 months ago - PRNewsWire

Cathay General (CATY) Q3 Earnings and Revenues Beat Estimates

Cathay (CATY) delivered earnings and revenue surprises of 2.20% and 0.61%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Cathay General Bancorp Announces Third Quarter 2021 Results

LOS ANGELES, Oct. 25, 2021 /PRNewswire/ -- Cathay General Bancorp (the "Company", "we", "us", or "our") (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial resul...

2 months ago - PRNewsWire

Cathay General (CATY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

3 months ago - Zacks Investment Research

Cathay General Bancorp to Announce Third Quarter 2021 Financial Results

LOS ANGELES, Oct. 7, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its third quarter 2021 financial results after the markets ...

3 months ago - PRNewsWire

Cathay General Bancorp (CATY) Up 1.6% on New Share Buyback Plan

Cathay General Bancorp's (CATY) announcement of new share repurchase authorization will enhance shareholder value.

4 months ago - Zacks Investment Research

New Analyst Coverage Puts Spotlight on These 5 Stocks

Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like NBTB, BIO, RDNT, ABR and CATY.

Other symbols:ABRBIONBTBRDNT
4 months ago - Zacks Investment Research

Cathay General Bancorp Declares $0.31 Per Share Dividend

LOS ANGELES, Aug. 19, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-one cents per common share, payable on September...

4 months ago - PRNewsWire

Top Ranked Income Stocks to Buy for August 19th

APTS, TAK, CATY, and BSET made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 19, 2021

Other symbols:APTSBSETTAK
4 months ago - Zacks Investment Research

5 Stocks to Buy as Analysts Initiate Coverage

Increased analyst coverage over the past few weeks might lead to solid price appreciation for stocks like CATY, BIO, CHE, MTLS and ABR.

Other symbols:ABRBIOCHEMTLS
5 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for July 30th

BHP, FANH, CATY, and CHCO made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 30, 2021.

Other symbols:BHPCHCOFANH
5 months ago - Zacks Investment Research

Cathay General (CATY) Q2 Earnings and Revenues Beat Estimates

Cathay (CATY) delivered earnings and revenue surprises of 16.87% and 2.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Cathay General Bancorp Announces Second Quarter 2021 Results

LOS ANGELES, July 26, 2021 /PRNewswire/ -- Cathay General Bancorp (the "Company", "we", "us", or "our") (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial resul...

5 months ago - PRNewsWire

Earnings Outlook For Cathay General

Cathay General (NASDAQ:CATY) releases its next round of earnings this Monday, July 26. Here is Benzinga's essential guide to Cathay General's Q2 earnings report.

5 months ago - Benzinga

Why Cathay General (CATY) Might Surprise This Earnings Season

Cathay General (CATY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

5 months ago - Zacks Investment Research

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.

5 months ago - Zacks Investment Research

Cathay General Bancorp to Announce Second Quarter 2021 Financial Results

LOS ANGELES, July 8, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its second quarter 2021 financial results after the markets...

6 months ago - PRNewsWire

Why You Shouldn't Bet Against Cathay General Bancorp (CATY) Stock

Cathay General Bancorp (CATY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

6 months ago - Zacks Investment Research

Cathay Bank To Acquire 10 Branches And Select West Coast Loans And Deposits From HSBC

LOS ANGELES, May 26, 2021 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY) announced that its subsidiary bank, Cathay Bank, has entered into a purchase and assumption agreement with HSBC Bank USA, ...

7 months ago - PRNewsWire

Cathay General (CATY) Q1 Earnings and Revenues Beat Estimates

Cathay (CATY) delivered earnings and revenue surprises of 17.95% and 0.48%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Cathay General: Q1 Earnings Insights

Shares of Cathay General (NASDAQ:CATY) decreased 1.2% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 55.93% year over year to $0.92, which beat ...

8 months ago - Benzinga

Cathay General Bancorp Announces First Quarter 2021 Results

LOS ANGELES, April 26, 2021 /PRNewswire/ -- Cathay General Bancorp (the "Company", "we", "us", or "our") (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial resu...

8 months ago - PRNewsWire

Cathay General (CATY) Reports Next Week: Wall Street Expects Earnings Growth

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.

8 months ago - Zacks Investment Research

Cathay General Bancorp to Announce First Quarter 2021 Financial Results

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...

9 months ago - PRNewsWire