NasdaqGS:CATYBanks
Stronger Q1 Earnings And New Buyback Plan Might Change The Case For Investing In Cathay General Bancorp (CATY)
Cathay General Bancorp reported first-quarter 2026 results, with net interest income rising to US$194.17 million and net income reaching US$86.89 million, alongside higher earnings per share versus a year earlier.
On the same day, the company disclosed it had completed a US$150.00 million buyback program and announced a new share repurchase authorization of up to US$150.00 million, underscoring continued capital returns alongside earnings growth.
With stronger quarterly earnings and a fresh...