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Cathay General Bancorp NasdaqGS:CATY Stock Report

Last Price

US$50.75

Market Cap

US$3.6b

7D

-1.8%

1Y

38.4%

Updated

20 Nov, 2024

Data

Company Financials +

Cathay General Bancorp

NasdaqGS:CATY Stock Report

Market Cap: US$3.6b

CATY Stock Overview

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. More details

CATY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends5/6

Cathay General Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cathay General Bancorp
Historical stock prices
Current Share PriceUS$50.75
52 Week HighUS$54.07
52 Week LowUS$33.88
Beta1.09
11 Month Change13.81%
3 Month Change19.61%
1 Year Change38.36%
33 Year Change10.95%
5 Year Change35.12%
Change since IPO1,149.23%

Recent News & Updates

Cathay General Bancorp: Shares Performed As Expected

Nov 14

Cathay General Bancorp: Rate Cuts To Help Earnings Bounce Back Next Year

Nov 05

Recent updates

Cathay General Bancorp: Shares Performed As Expected

Nov 14

Cathay General Bancorp: Rate Cuts To Help Earnings Bounce Back Next Year

Nov 05

Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34

Aug 20
Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34

Cathay General: Turnaround Seems Near, Buy On Dips

Aug 01

Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34

May 21
Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34

Cathay General Bancorp Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Apr 26
Cathay General Bancorp Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Cathay General Bancorp: In Distress Until Rates Are Cut

Apr 24

Cathay General Bancorp (NASDAQ:CATY) Will Pay A Dividend Of $0.34

Feb 19
Cathay General Bancorp (NASDAQ:CATY) Will Pay A Dividend Of $0.34

Cathay General Bancorp: Expecting Earnings To Decline, Downgrading To Hold

Jan 31

With EPS Growth And More, Cathay General Bancorp (NASDAQ:CATY) Makes An Interesting Case

Dec 28
With EPS Growth And More, Cathay General Bancorp (NASDAQ:CATY) Makes An Interesting Case

Cathay General Bancorp (NASDAQ:CATY) Will Pay A Dividend Of $0.34

Nov 21
Cathay General Bancorp (NASDAQ:CATY) Will Pay A Dividend Of $0.34

Cathay General Bancorp (NASDAQ:CATY) Is Due To Pay A Dividend Of $0.34

Aug 22
Cathay General Bancorp (NASDAQ:CATY) Is Due To Pay A Dividend Of $0.34

Should You Be Adding Cathay General Bancorp (NASDAQ:CATY) To Your Watchlist Today?

Aug 14
Should You Be Adding Cathay General Bancorp (NASDAQ:CATY) To Your Watchlist Today?

Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34

May 23
Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34

Should You Be Adding Cathay General Bancorp (NASDAQ:CATY) To Your Watchlist Today?

Apr 19
Should You Be Adding Cathay General Bancorp (NASDAQ:CATY) To Your Watchlist Today?

Cathay General Bancorp (NASDAQ:CATY) Has Affirmed Its Dividend Of $0.34

Feb 21
Cathay General Bancorp (NASDAQ:CATY) Has Affirmed Its Dividend Of $0.34

Here's Why Cathay General Bancorp (NASDAQ:CATY) Has Caught The Eye Of Investors

Jan 09
Here's Why Cathay General Bancorp (NASDAQ:CATY) Has Caught The Eye Of Investors

Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34

Nov 22
Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34

Cathay General: Strong Earnings Growth On The Cards

Oct 15

If EPS Growth Is Important To You, Cathay General Bancorp (NASDAQ:CATY) Presents An Opportunity

Oct 02
If EPS Growth Is Important To You, Cathay General Bancorp (NASDAQ:CATY) Presents An Opportunity

Cathay General Bancorp declares $0.34 dividend

Aug 18

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

Aug 01

Cathay General Bancorp GAAP EPS of $1.18 beats by $0.01, revenue of $189.78M beats by $5.25M

Jul 25

Here's Why We Think Cathay General Bancorp (NASDAQ:CATY) Is Well Worth Watching

Jun 28
Here's Why We Think Cathay General Bancorp (NASDAQ:CATY) Is Well Worth Watching

Shareholder Returns

CATYUS BanksUS Market
7D-1.8%-0.4%-1.2%
1Y38.4%54.2%30.4%

Return vs Industry: CATY underperformed the US Banks industry which returned 54.2% over the past year.

Return vs Market: CATY exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is CATY's price volatile compared to industry and market?
CATY volatility
CATY Average Weekly Movement5.3%
Banks Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: CATY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CATY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19621,246Chang Liuwww.cathaygeneralbancorp.com

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, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures.

Cathay General Bancorp Fundamentals Summary

How do Cathay General Bancorp's earnings and revenue compare to its market cap?
CATY fundamental statistics
Market capUS$3.63b
Earnings (TTM)US$288.30m
Revenue (TTM)US$723.75m

12.5x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CATY income statement (TTM)
RevenueUS$723.75m
Cost of RevenueUS$0
Gross ProfitUS$723.75m
Other ExpensesUS$435.45m
EarningsUS$288.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.05
Gross Margin100.00%
Net Profit Margin39.83%
Debt/Equity Ratio7.9%

How did CATY perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

34%

Payout Ratio

Does CATY pay a reliable dividends?

See CATY dividend history and benchmarks
When do you need to buy CATY by to receive an upcoming dividend?
Cathay General Bancorp dividend dates
Ex Dividend DateNov 27 2024
Dividend Pay DateDec 09 2024
Days until Ex dividend6 days
Days until Dividend pay date18 days

Does CATY pay a reliable dividends?

See CATY dividend history and benchmarks