Cathay General Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Cathay General Bancorp has total assets of $23.4B and total equity of $2.8B. Total deposits are $19.8B, and total loans are $19.3B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $165.3M.
Key information
8.4x
Asset to equity ratio
3.5%
Net interest margin
Total deposits | US$19.85b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.5% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$165.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CN7's Assets to Equity ratio (8.4x) is low.
Allowance for Bad Loans: CN7 has a sufficient allowance for bad loans (146%).
Low Risk Liabilities: 96% of CN7's liabilities are made up of primarily low risk sources of funding.
Loan Level: CN7 has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: CN7's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: CN7 has an appropriate level of bad loans (0.5%).