Cathay General Bancorp

NasdaqGS:CATY Stock Report

Market Cap: US$3.4b

Cathay General Bancorp Management

Management criteria checks 4/4

Cathay General Bancorp's CEO is Chang Liu, appointed in Oct 2020, has a tenure of 4.17 years. total yearly compensation is $3.54M, comprised of 25.4% salary and 74.6% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $4.17M. The average tenure of the management team and the board of directors is 4.5 years and 16.3 years respectively.

Key information

Chang Liu

Chief executive officer

US$3.5m

Total compensation

CEO salary percentage25.4%
CEO tenure4.2yrs
CEO ownership0.1%
Management average tenure4.5yrs
Board average tenure16.3yrs

Recent management updates

Recent updates

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

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

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

CEO Compensation Analysis

How has Chang Liu's remuneration changed compared to Cathay General Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$288m

Jun 30 2024n/an/a

US$303m

Mar 31 2024n/an/a

US$330m

Dec 31 2023US$4mUS$901k

US$354m

Sep 30 2023n/an/a

US$369m

Jun 30 2023n/an/a

US$386m

Mar 31 2023n/an/a

US$382m

Dec 31 2022US$4mUS$811k

US$361m

Sep 30 2022n/an/a

US$338m

Jun 30 2022n/an/a

US$312m

Mar 31 2022n/an/a

US$300m

Dec 31 2021US$3mUS$713k

US$298m

Sep 30 2021n/an/a

US$294m

Jun 30 2021n/an/a

US$278m

Mar 31 2021n/an/a

US$255m

Dec 31 2020US$2mUS$499k

US$229m

Sep 30 2020n/an/a

US$225m

Jun 30 2020n/an/a

US$241m

Mar 31 2020n/an/a

US$259m

Dec 31 2019US$1mUS$376k

US$279m

Compensation vs Market: Chang's total compensation ($USD3.54M) is below average for companies of similar size in the US market ($USD6.67M).

Compensation vs Earnings: Chang's compensation has been consistent with company performance over the past year.


CEO

Chang Liu (57 yo)

4.2yrs

Tenure

US$3,543,757

Compensation

Mr. Chang Ming Liu is Director at Federal Home Loan Bank of San Francisco since January 1, 2023. He has been President, Chief Executive Officer and Director at Cathay General Bancorp since October 1, 2020....


Leadership Team

NamePositionTenureCompensationOwnership
Dunson Cheng
Executive Chairman of the Board34.9yrsUS$2.95m1.15%
$ 38.9m
Chang Liu
CEO, President & Director4.2yrsUS$3.54m0.12%
$ 4.2m
Heng Chen
Executive VP21.5yrsUS$1.52m0.25%
$ 8.6m
Thomas Lo
Executive VP & Chief Administrative Officerless than a yearno data0.0047%
$ 159.6k
Georgia Lo
Assistant Secretary & Investor Relationsno datano datano data
May Chan
Senior VP4.9yrsno data0.0034%
$ 116.3k

4.5yrs

Average Tenure

62yo

Average Age

Experienced Management: CATY's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dunson Cheng
Executive Chairman of the Board34.9yrsUS$2.95m1.15%
$ 38.9m
Chang Liu
CEO, President & Director4.2yrsUS$3.54m0.12%
$ 4.2m
Peter Wu
Vice Chairman of the Board21.2yrsUS$403.98k0.97%
$ 32.9m
Anthony Tang
Vice Chairman of the Board34.9yrsUS$386.73k1.36%
$ 45.9m
Joseph C. Poon
Independent Director34.9yrsUS$178.48k0.10%
$ 3.5m
Kelly Chan
Independent Director34.9yrsUS$192.48k0.36%
$ 12.2m
Nelson Chung
Lead Independent Director19.6yrsUS$190.73k0.064%
$ 2.2m
Felix Fernandez
Independent Director11.9yrsUS$218.23k0.031%
$ 1.0m
Jane Jelenko
Independent Director12.9yrsUS$189.73k0.020%
$ 675.6k
Shally Wang
Independent Director3.6yrsUS$151.23k0.0098%
$ 331.0k
Richard Sun
Independent Director7.6yrsUS$219.73k0.071%
$ 2.4m
Maan-Huei Hung
Independent Director4.6yrsUS$163.23k0.013%
$ 436.9k

16.3yrs

Average Tenure

74yo

Average Age

Experienced Board: CATY's board of directors are seasoned and experienced ( 16.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Peter WinterBMO Capital Markets Equity Research
Lana ChanBMO Capital Markets Equity Research
Leanne CaravaggioBMO Capital Markets Equity Research