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Cathay General Bancorp (CATY)

Stock Price: $41.07 USD -0.21 (-0.50%)
Updated Apr 19, 2021 12:24 PM EDT - Market open
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

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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...

1 week ago - PRNewsWire

Cathay General Bancorp (CATY) rewards investors with new share repurchase plan. This, along with steady dividend payments, will continue enhancing shareholder value.

1 week ago - Zacks Investment Research

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...

2 weeks ago - PRNewsWire

Let's see if Cathay (CATY) stock is a good choice for value-oriented investors right now from multiple angles.

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - PRNewsWire

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

3 weeks ago - Zacks Investment Research

Does Cathay General (CATY) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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...

2 months ago - PRNewsWire

Cathay General Bancorp (CATY) CEO Chang Liu on Q4 2020 Results - Earnings Call Transcript

2 months ago - Seeking Alpha

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?

2 months ago - Zacks Investment Research

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

The bank's credit quality continues to remain best in class. The margin looks like it is ready to work its way higher.

3 months ago - Seeking Alpha

Cathay General Bancorp (CATY) CEO Chang Liu on Q3 2020 Results - Earnings Call Transcript

5 months ago - Seeking Alpha

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?

5 months ago - Zacks Investment Research

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

6 months ago - Zacks Investment Research

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 ...

6 months ago - PRNewsWire

A solid credit history should support a valuation premium to peers, where as the bank currently trades at a discount.

6 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

Cathay General Bancorp (CATY) CEO Pin Tai on Q2 2020 Results - Earnings Call Transcript

Other stocks mentioned: CPCAY
8 months ago - Seeking Alpha

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?

8 months ago - Zacks Investment Research

Shares of Cathay General (NASDAQ:CATY) fell 2.1% in after-market trading after the company reported Q2 results.

8 months ago - Benzinga

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

Is Cathay General Bancorp (CATY) a great pick from the value investor's perspective right now? Read on to know more.

10 months ago - Zacks Investment Research

Cathay General Bancorp (CATY) CEO Pin Tai on Q1 2020 Results - Earnings Call Transcript

Other stocks mentioned: CPCAY
11 months ago - Seeking Alpha

Cathay General Bancorp's Earnings Likely To Dip

1 year ago - Seeking Alpha

Cathay General Bancorp's (CATY) CEO Pin Tai on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

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

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

Is Cathay General (CATY) a great pick from the value investor's perspective right now? Read on to know more.

1 year ago - Zacks Investment Research

Loan growth is expected to be slower in 2020 than previously anticipated.

1 year ago - Seeking Alpha

Cathay General Bancorp (CATY) CEO Pin Tai on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

Loan growth is likely to continue, but at a lower rate due to the outlook of economic slowdown.

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

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?

1 year ago - Zacks Investment Research

Cathay General Bancorp (CATY) CEO Pin Tai on Q2 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

Let's see if Cathay General Bancorp (CATY) stock is a good choice for value-oriented investors right now from multiple angles.

1 year ago - Zacks Investment Research

Cathay General Bancorp (CATY) CEO Pin Tai on Q1 2019 Results - Earnings Call Transcript

2 years ago - Seeking Alpha

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$43.60
(6.17% upside)
Analyst Consensus: Hold