Cathay General Bancorp

Cathay General Bancorp is a holding company, which engages in the provision of financial services. It offers commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, home equity lines of credit, and installment loans to individuals for automobile, household, and other consumer expenditures. The company was founded on April 19, 1962 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cathay General Bancorp posts robust Q4 earnings amidst asset quality concerns

Cathay General Bancorp delivered strong financial results in Q4 2022, driven by loan growth and improved net income.
While facing challenges in asset quality and expense management, the bank's solid capital position and stable net interest margin present opportunities for growth.
Strategic focus on optimizing income streams and controlling expenses will be key to sustaining profitability and capitalizing on growth prospects.

Cathay General Bancorp reports stable earnings amidst deposit challenges

Cathay General Bancorp's Q1 2023 performance showed stable earnings but faced challenges in deposit and credit quality.
The bank's capital ratios strengthened, indicating a solid financial position and liquidity flexibility.
To capitalize on opportunities, the bank should focus on loan growth, cost management, and revenue diversification.
Strategic measures are needed to address challenges and leverage strengths for sustained growth and profitability.

Cathay General Bancorp reports steady Q2 performance amid growth opportunities

Cathay General Bancorp demonstrated solid performance with notable increases in loans and deposits.
While facing challenges such as rising expenses, the bank maintains a strong capital position and improved asset quality.
Opportunities lie in leveraging loan growth guidance, optimizing cost management, and exploring revenue diversification.
Overall, the bank's performance reflects resilience amidst evolving market conditions.

Cathay General Bancorp reports Q3 income dip, eyes expense management

Cathay General Bancorp faced a decline in net income in Q3 2023, driven by lower noninterest income and increased charge-offs. Despite challenges in noninterest income and loan classifications, the bank saw growth in deposits and capital ratios. Strategic focus on managing expenses and optimizing revenue streams presents opportunities for future performance.

Cathay General Bancorp posts solid Q4 earnings amidst growth opportunities

Cathay General Bancorp delivered a solid performance in Q4 2023, with improved asset quality and strong loan growth.
Despite challenges like rising noninterest expenses and potential regulatory discussions, the company's financial stability and growth prospects remain promising.
Opportunities lie in optimizing deposit growth, strategic capital management, and leveraging market demand for mortgage loans.
Overall, Cathay General Bancorp's focus on revenue diversification and prudent financial planning positions it well for continued success in 2024.

Cathay General Bancorp reports Q1 income decline, capital ratio growth

Cathay General Bancorp faced challenges with declining net income and noninterest income.
However, the bank strengthened its capital ratios and revised loan growth guidance.
Opportunities lie in stabilizing net interest margins and potential loan portfolio growth.
Managing nonaccrual loans will be crucial for sustained performance.

Cathay General Bancorp reports Q2 earnings decline, focuses on capital strength

Cathay General Bancorp faces challenges in profitability and credit quality but maintains strong capital strength and shareholder value focus.
Optimizing loan portfolio, managing credit risks, and enhancing operational efficiency present growth opportunities for the bank.
Monitoring credit quality, deposit growth, and strategic cost management will be crucial for sustaining financial performance and shareholder value.
Overall, Cathay General Bancorp's Q2 2024 performance reflects a mixed outlook with areas for improvement and strategic focus.

Cathay General Bancorp reports steady Q3 performance amidst growth challenges

Cathay General Bancorp demonstrated stable financial performance with increased net income and earnings per share.
While facing challenges in loan growth and credit provisions, the bank maintains a solid asset quality and deposit base.
Strategic focus on loan portfolio management and capital optimization can drive future growth and profitability.

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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 Monday, October 24, 2022. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Date: Monday, October 24, 2022 Time: 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time

Cathay General Bancorp to Announce Third Quarter 2022 Financial Results

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Cathay General (CATY) is a Top Dividend Stock Right Now: Should You Buy?

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Cathay General (CATY) Is Up 0.86% in One Week: What You Should Know

Here is how Cathay General (CATY) and Chubb (CB) have performed compared to their sector so far this year.

Is Cathay General Bancorp (CATY) Stock Outpacing Its Finance Peers This Year?

Cathay General Bancorp focuses on the Asian population in California and New York. The majority of its loan book appears to be low-risk, with a 52-55% average LTV ratio.

Cathay General Bancorp: Mid-50% LTV Ratio Across All Real Estate Loans Is Attractive

This is Why Cathay General (CATY) is a Great Dividend Stock

Cathay General Bancorp (NASDAQ:CATY ) Q2 2022 Earnings Conference Call July 25, 2022 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President and CEO Heng Chen - EVP and CFO Conference Call Participants Matthew Clark - Piper Sandler Brandon King - Truist Securities Andrew Terrell - Stephens Inc. Chris McGratty - KBW Operator Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp's Second Quarter 2022 Earnings Conference Call. My name is Andrew and I'll be your coordinator for today.

Cathay General Bancorp (CATY) CEO Chang Liu on Q2 2022 Earnings Call Transcript

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?

Cathay General (CATY) Beats Q2 Earnings and Revenue Estimates

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 quarter ended June 30, 2022. The Company reported net income of $89.0 million, or $1.18 per share, for the second quarter of 2022. FINANCIAL PERFORMANCE Three months ended (unaudited) June 30, 2022 March 31, 2022 June 30, 2021 Net income $89.0 million $75.0 million $77.2 million Basic earnings per

Cathay General Bancorp Announces Second Quarter 2022 Results

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

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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 Monday, July 25, 2022. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Date: Monday, July 25, 2022 Time: 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time) Dur

Cathay General Bancorp to Announce Second Quarter 2022 Financial Results

Supported by its earnings and balance sheet strength, Cathay General (CATY) will likely continue enhancing shareholder value through efficient capital deployment activities.

Cathay General (CATY) Rallies on $125M Share Buyback Plan

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 American community in Los Angeles. Cathay Bank became a publicly traded company, through its holding company Cathay General Bancorp, on Nasdaq in 1990, and by 1999, the bank had expanded its footprint to the East Coast. Today, Cathay Bank remains headquartered in Los Angeles and operates over 60 branches

Cathay Bank Celebrates Its 60th Anniversary

Are You Looking for a High-Growth Dividend Stock? Cathay General (CATY) Could Be a Great Choice

Cathay General Bancorp (NASDAQ:CATY ) Q1 2022 Earnings Conference Call April 25, 2022 6:00 PM ET Company Participants Megan Cheung - IR Chang Liu - President and CEO Heng Chen - EVP and CFO Conference Call Participants Brandon King - Truist Securities Matthew Clark - Piper Sandler David Chiaverini - Wedbush Securities Andrew Terrell - Stephens Inc. Operator Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp's First Quarter 2022 Earnings Conference Call. My name is Andrew and I'll be your coordinator for today.

Cathay General Bancorp (CATY) CEO Chang Liu on Q1 2022 Earnings Call Transcript

Cathay (CATY) delivered earnings and revenue surprises of 6.45% and 4.40%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Cathay General (CATY) Tops Q1 Earnings and Revenue Estimates

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 quarter ended March 31, 2022. The Company reported net income of $75.0 million, or $0.99 per share, for the first quarter of 2022. FINANCIAL PERFORMANCE Three months ended (unaudited) March 31, 2022 December 31, 2021 March 31, 2021 Net income $75.0 million $75.3 million $73.4 million Basic earnings

Cathay General Bancorp Announces First Quarter 2022 Results

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 performance. The analysis looked at U.S. public banks traded on major exchanges such as Nasdaq, NYSE, or NYSEAM with more than $10 billion in total assets as of December 31, 2021. “We are pleased to be one of the top 10 U.S. public banks,” said Chang M. Liu, President and CEO. “The recognition cam

Cathay General Bancorp Ranked Ninth by S&P Global Market Intelligence

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 Monday, April 25, 2022. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Date:   Monday, April 25, 2022 Time:   3:00 p.m. Pacific Time (6:00 p.m. Eastern Time

Cathay General Bancorp to Announce First Quarter 2022 Financial Results

Cathay (CATY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Here's Why Cathay (CATY) Could be Great Choice for a Bottom Fisher

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 digital invoicing and payment acceptance and is a leading integrated-payments provider for small business banking. The integration of Autobooks' invoicing and payment acceptance module into the Cathay Bank Online Business Banking platform can help small business owners better manage cash flow and keep

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