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
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Stock Buybacks And Strong Reserves Will Support Future Stability
Cathay General Bancorp Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$47.49 |
| 52 Week High | US$55.29 |
| 52 Week Low | US$33.88 |
| Beta | 1.11 |
| 1 Month Change | -10.07% |
| 3 Month Change | 9.32% |
| 1 Year Change | 6.58% |
| 3 Year Change | 12.22% |
| 5 Year Change | 24.51% |
| Change since IPO | 1,068.98% |
Recent News & Updates
Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34
Nov 21
Cathay General Bancorp: Shares Performed As Expected
Nov 14Recent updates
Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34
Nov 21Cathay General Bancorp: Shares Performed As Expected
Nov 14Cathay General Bancorp: Rate Cuts To Help Earnings Bounce Back Next Year
Nov 05Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34
Aug 20Cathay General: Turnaround Seems Near, Buy On Dips
Aug 01Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34
May 21Cathay General Bancorp Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Apr 26Cathay General Bancorp: In Distress Until Rates Are Cut
Apr 24Cathay General Bancorp (NASDAQ:CATY) Will Pay A Dividend Of $0.34
Feb 19Cathay General Bancorp: Expecting Earnings To Decline, Downgrading To Hold
Jan 31With EPS Growth And More, Cathay General Bancorp (NASDAQ:CATY) Makes An Interesting Case
Dec 28Cathay General Bancorp (NASDAQ:CATY) Will Pay A Dividend Of $0.34
Nov 21Cathay General Bancorp (NASDAQ:CATY) Is Due To Pay A Dividend Of $0.34
Aug 22Should You Be Adding Cathay General Bancorp (NASDAQ:CATY) To Your Watchlist Today?
Aug 14Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34
May 23Should You Be Adding Cathay General Bancorp (NASDAQ:CATY) To Your Watchlist Today?
Apr 19Cathay General Bancorp (NASDAQ:CATY) Has Affirmed Its Dividend Of $0.34
Feb 21Here's Why Cathay General Bancorp (NASDAQ:CATY) Has Caught The Eye Of Investors
Jan 09Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34
Nov 22Cathay General: Strong Earnings Growth On The Cards
Oct 15If EPS Growth Is Important To You, Cathay General Bancorp (NASDAQ:CATY) Presents An Opportunity
Oct 02Cathay General Bancorp declares $0.34 dividend
Aug 18Cathay General Bancorp: Mid-50% LTV Ratio Across All Real Estate Loans Is Attractive
Aug 01Cathay General Bancorp GAAP EPS of $1.18 beats by $0.01, revenue of $189.78M beats by $5.25M
Jul 25Shareholder Returns
| CATY | US Banks | US Market | |
|---|---|---|---|
| 7D | -6.1% | -3.4% | -2.4% |
| 1Y | 6.6% | 29.1% | 23.4% |
Return vs Industry: CATY underperformed the US Banks industry which returned 29.1% over the past year.
Return vs Market: CATY underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| CATY volatility | |
|---|---|
| CATY Average Weekly Movement | 5.3% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1962 | 1,246 | Chang Liu | www.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
| CATY fundamental statistics | |
|---|---|
| Market cap | US$3.38b |
| Earnings (TTM) | US$288.30m |
| Revenue (TTM) | US$723.75m |
11.7x
P/E Ratio1.2x
P/B RatioIs CATY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CATY income statement (TTM) | |
|---|---|
| Revenue | US$723.75m |
| Cost of Revenue | US$0 |
| Gross Profit | US$723.75m |
| Other Expenses | US$435.45m |
| Earnings | US$288.30m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.05 |
| Gross Margin | 100.00% |
| Net Profit Margin | 39.83% |
| Debt/Equity Ratio | 7.9% |
How did CATY perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield34%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cathay General Bancorp is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Winter | BMO Capital Markets Equity Research |
| Lana Chan | BMO Capital Markets Equity Research |
| Leanne Caravaggio | BMO Capital Markets Equity Research |