Cathay General Bancorp Past Earnings Performance
Past criteria checks 4/6
Cathay General Bancorp has been growing earnings at an average annual rate of 0.7%, while the Banks industry saw earnings growing at 3.1% annually. Revenues have been growing at an average rate of 2.5% per year. Cathay General Bancorp's return on equity is 11.1%, and it has net margins of 43.2%.
Key information
0.71%
Earnings growth rate
3.33%
EPS growth rate
| Banks Industry Growth | 11.18% |
| Revenue growth rate | 2.52% |
| Return on equity | 11.13% |
| Net Margin | 43.21% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 02
CATY: Dividend And Buybacks Are Expected To Sustain A Measured Outlook
Narrative Update on Cathay General Bancorp The analyst price target for Cathay General Bancorp has been lifted by $1 to $57.40, with analysts pointing to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E following recent research updates from multiple firms. Analyst Commentary Recent Street research points to a modest reset higher in fair value assumptions for Cathay General Bancorp, with analysts updating their models following new work on discount rates, profit margins and expected P/E levels.Narrative Update • Apr 29
CATY: Dividend And Buybacks Will Support Steady Outlook As Market Expectations Rise
The updated analyst price target for Cathay General Bancorp moves to $56.40 from $53.80. This reflects analysts' use of slightly higher revenue growth, profit margin and future P/E assumptions in their refreshed models following recent Street research updates.
Narrative Update • Apr 15
CATY: Share Repurchases And Dividend Will Support Future Upside
Analysts have maintained their $65.00 price target for Cathay General Bancorp, citing updated assumptions that incorporate slightly adjusted revenue growth, profit margin, and forward P/E expectations, while keeping the same fair value and discount rate in their models. What's in the News The Board of Directors declared a cash dividend of $0.38 per common share, payable on March 9, 2026, to stockholders of record as of February 26, 2026 (Key Developments).Seeking Alpha • Apr 14
Cathay General Bancorp Remains A 'Buy' On Strong Financials
Summary Cathay General Bancorp remains a soft "Buy" after outperforming the S&P 500, driven by strong financials and asset quality. CATY’s deposits and loans both expanded, with net interest income and non-interest income rising, supporting robust profit growth. Valuation is slightly above preferred thresholds, but superior return on assets (1.49%) and equity (12.27%) justify the premium. Credit quality improved, with non-performing assets down to 0.59%, reinforcing confidence in CATY’s risk profile. Read the full article on Seeking AlphaNarrative Update • Apr 01
CATY: Dividend And Buybacks Will Support Steady Outlook Despite Management Changes
Analysts have kept their $53.80 price target for Cathay General Bancorp unchanged, citing relatively stable modeled revenue growth, profit margin and forward P/E assumptions in their updated forecasts. What's in the News The board declared a cash dividend of $0.38 per common share, payable on March 9, 2026, to stockholders of record on February 26, 2026 (company announcement).Narrative Update • Mar 18
CATY: Dividend Strength And Share Repurchases Will Support Future Upside Potential
Analysts have trimmed their price target on Cathay General Bancorp to about $53.80 from roughly $54.20, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News The Board declared a cash dividend of $0.38 per common share, payable on March 9, 2026, to stockholders of record as of February 26, 2026 (company announcement).Narrative Update • Mar 04
CATY: Share Repurchases Will Drive Future Upside
Analysts have kept their $65.00 price target for Cathay General Bancorp unchanged, citing only small model tweaks to revenue growth, profit margin, and future P/E assumptions that do not materially alter their overall view. What's in the News The Board of Directors declared a cash dividend of $0.38 per common share, payable on March 9, 2026, to stockholders of record on February 26, 2026 (company announcement).Narrative Update • Feb 18
CATY: Share Repurchases And Lower Charge Offs Will Drive Future Upside
Analysts have kept their $65.00 price target for Cathay General Bancorp unchanged, citing only slight tweaks to inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions that collectively do not alter their overall valuation view. What's in the News The Board of Directors declared a cash dividend of $0.38 per common share, payable on March 9, 2026, to stockholders of record as of February 26, 2026 (Key Developments).Narrative Update • Feb 04
CATY: Share Repurchases And Lower Charge Offs Will Support Upside Potential
Narrative Update Overview Analysts now see Cathay General Bancorp's fair value at $65.00, up from $60.00, citing updated assumptions that include a 6.96% discount rate, 12.64% revenue growth, a 40.60% profit margin, and a forward P/E of 10.67x. What's in the News Cathay General Bancorp plans an executive transition, with long-serving Chief Financial Officer Heng W.Narrative Update • Jan 20
CATY: Net Interest Margin Strength Will Offset Elevated Loan Loss Provision Concerns
Narrative Update Analysts have nudged their expectations for Cathay General Bancorp higher, with recent Street research lifting price targets in a range of about $1 to $2 per share. They point to solid net interest income and margin performance, while also flagging a higher than expected loan loss provision as a key watchpoint.Narrative Update • Jan 06
CATY: Net Interest Strength And Buybacks Will Offset Credit Cost Uncertainty
Analysts have nudged their fair value estimate for Cathay General Bancorp higher from about US$52.20 to roughly US$54.20. This reflects updated views on price targets in the low US$50s and recent commentary around solid net interest income and margin trends, alongside a higher than expected loan loss provision and limited credit concerns.Narrative Update • Dec 17
CATY: Net Interest Strength And Buybacks Will Balance Emerging Credit Cost Pressures
Analysts have nudged their average price target on Cathay General Bancorp modestly higher, citing solid net interest income growth, expanding net interest margins, and manageable credit concerns as support for a fair value near $52.20. Analyst Commentary Recent commentary from Street research points to a balanced view on Cathay General Bancorp, with modestly higher price targets reflecting confidence in the bank's earnings power and capitalization, while still acknowledging pockets of risk around credit costs and loan growth sustainability.Narrative Update • Dec 03
CATY: Net Interest Strength And Buybacks Will Offset Rising Credit Costs
Analysts have raised their price targets on Cathay General Bancorp to a range centered around approximately $52 per share, up from the low $50s. They cite solid net interest income and margin expansion that more than offset modest concerns about higher loan loss provisioning and slightly softer profit margins.Analysis Article • Nov 25
Cathay General Bancorp (NASDAQ:CATY) Is Due To Pay A Dividend Of $0.34
Cathay General Bancorp ( NASDAQ:CATY ) has announced that it will pay a dividend of $0.34 per share on the 11th of...Narrative Update • Oct 09
Asian American Demand And Digital Banking Will Strengthen Performance
Analysts have modestly raised their price target for Cathay General Bancorp from $51.60 to $52.40, citing improved expectations for profit margin and forward price-to-earnings ratio. What's in the News Cathay General Bancorp completed the repurchase of 804,179 shares, representing 1.15 percent of shares outstanding, for $35.56 million during June 2025 under its previously announced buyback program.Analysis Article • Aug 21
Cathay General Bancorp (NASDAQ:CATY) Has Affirmed Its Dividend Of $0.34
The board of Cathay General Bancorp ( NASDAQ:CATY ) has announced that it will pay a dividend on the 8th of September...Analysis Article • May 19
Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34
Cathay General Bancorp's ( NASDAQ:CATY ) investors are due to receive a payment of $0.34 per share on 9th of June. This...Seeking Alpha • Apr 26
Cathay General Bancorp: Fixed Rate Exposure Is Not Currently In Its Favor (Rating Upgrade)
Summary Cathay General Bancorp faces stagnation with a high loan-to-deposit ratio and limited flexibility, but its tangible book value justifies a hold rating. Loan growth is constrained, and average loan yields are declining, but deposit costs are decreasing, offering some hope for future performance. Heavy exposure to CRE loans increases risk, but prudent LTV ratios and low net charge-offs indicate high creditworthiness. Dividend yield is stable at 3.22%, but growth is unlikely; buybacks are expected pending Board approval, reflecting cautious shareholder remuneration. Read the full article on Seeking AlphaSeeking Alpha • Jan 30
Cathay General Bancorp: Reducing The EPS Estimate, But Maintaining A Hold Rating
Summary Cathay General Bancorp's net interest margin will benefit from the rollover of Chinese New Year promotional deposits, deposit mix improvement, and interest rate cuts. I’m reducing my loan growth estimate to 3.5%. Unemployment rates in CATY’s markets have improved, but they’re still quite high based on peer comparison. Unlike the last couple of years, CATY is not planning to invest in any solar tax credit investment funds in 2025. Therefore, the bottom line will take a hit. I’m reducing my EPS estimate to $4.03 for 2025 because of changes in my provision expense, taxation, and loan estimates. My total expected return is negative 3.7%, based on a price downside of 6.6% and a dividend yield of 2.9%. Read the full article on Seeking AlphaAnalysis Article • Nov 21
Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34
Cathay General Bancorp ( NASDAQ:CATY ) will pay a dividend of $0.34 on the 9th of December. This means the dividend...Seeking Alpha • Nov 14
Cathay General Bancorp: Shares Performed As Expected
Summary Cathay General Bancorp has had a nice run lower over the past year or so, with shares outperforming the broader market. This has come at a time when income statement results have worsened, but deposits have increased nicely. Unfortunately, the company now looks ready for a downgrade based on pricing, asset quality, and other factors. Read the full article on Seeking AlphaSeeking Alpha • Nov 05
Cathay General Bancorp: Rate Cuts To Help Earnings Bounce Back Next Year
Summary Despite recent performance, my loan growth outlook remains positive because of the economic strength of urban markets and interest rate cuts. The net interest margin will likely continue to expand because rate cuts will reduce the average deposit cost, but the average loan yield will remain sticky. The December 2024 target price is close to the current market price. Cathay General Bancorp is offering a moderate dividend yield of 3.0%. Read the full article on Seeking Alpha
New Narrative • Oct 27
Revamping Revenue Streams And Enhancing Margins With Strategic Moves And Market Adaptation
Strategic stock repurchase is expected to enhance EPS by reducing share count, while increased core deposits support liquidity and potential revenue growth.Analysis Article • Aug 20
Cathay General Bancorp (NASDAQ:CATY) Is Paying Out A Dividend Of $0.34
Cathay General Bancorp ( NASDAQ:CATY ) has announced that it will pay a dividend of $0.34 per share on the 9th of...Seeking Alpha • Aug 01
Cathay General: Turnaround Seems Near, Buy On Dips
Summary I have revised downwards my earnings estimate for this year because the first half's performance missed my expectations. Interest rate cuts will help lift the net interest margin as well as the residential loan segment. The year-end target price suggests a small downside from the current market price. Additionally, CATY is offering a moderate dividend yield. I’m maintaining a hold rating on CATY considering the current market price. However, I think it’s good to monitor the stock price and buy on dips. Read the full article on Seeking AlphaAnalysis Article • May 21
Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34
Cathay General Bancorp's ( NASDAQ:CATY ) investors are due to receive a payment of $0.34 per share on 10th of June...Analysis Article • Apr 26
Cathay General Bancorp Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Last week saw the newest quarterly earnings release from Cathay General Bancorp ( NASDAQ:CATY ), an important milestone...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Cathay General Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 770 | 333 | 282 | 0 |
| 31 Dec 25 | 745 | 315 | 279 | 0 |
| 30 Sep 25 | 712 | 305 | 273 | 0 |
| 30 Jun 25 | 705 | 295 | 269 | 0 |
| 31 Mar 25 | 691 | 284 | 265 | 0 |
| 31 Dec 24 | 692 | 286 | 265 | 0 |
| 30 Sep 24 | 724 | 288 | 260 | 0 |
| 30 Jun 24 | 735 | 303 | 258 | 0 |
| 31 Mar 24 | 759 | 330 | 255 | 0 |
| 31 Dec 23 | 784 | 354 | 247 | 0 |
| 30 Sep 23 | 793 | 369 | 241 | 0 |
| 30 Jun 23 | 812 | 386 | 235 | 0 |
| 31 Mar 23 | 804 | 382 | 233 | 0 |
| 31 Dec 22 | 776 | 361 | 227 | 0 |
| 30 Sep 22 | 735 | 338 | 224 | 0 |
| 30 Jun 22 | 691 | 312 | 220 | 0 |
| 31 Mar 22 | 674 | 300 | 213 | 0 |
| 31 Dec 21 | 668 | 298 | 211 | 0 |
| 30 Sep 21 | 653 | 294 | 208 | 0 |
| 30 Jun 21 | 626 | 278 | 207 | 0 |
| 31 Mar 21 | 582 | 255 | 201 | 0 |
| 31 Dec 20 | 537 | 229 | 198 | 0 |
| 30 Sep 20 | 536 | 225 | 198 | 0 |
| 30 Jun 20 | 560 | 241 | 198 | 0 |
| 31 Mar 20 | 592 | 259 | 204 | 0 |
| 31 Dec 19 | 627 | 279 | 206 | 0 |
| 30 Sep 19 | 631 | 276 | 207 | 0 |
| 30 Jun 19 | 626 | 273 | 203 | 0 |
| 31 Mar 19 | 617 | 275 | 202 | 0 |
| 31 Dec 18 | 602 | 272 | 200 | 0 |
| 30 Sep 18 | 589 | 233 | 197 | 0 |
| 30 Jun 18 | 575 | 213 | 194 | 0 |
| 31 Mar 18 | 551 | 191 | 187 | 0 |
| 31 Dec 17 | 529 | 176 | 179 | 0 |
| 30 Sep 17 | 503 | 198 | 172 | 0 |
| 30 Jun 17 | 475 | 194 | 165 | 0 |
| 31 Mar 17 | 468 | 178 | 158 | 0 |
| 31 Dec 16 | 467 | 175 | 158 | 0 |
| 30 Sep 16 | 461 | 169 | 153 | 0 |
| 30 Jun 16 | 456 | 161 | 150 | 0 |
| 31 Mar 16 | 443 | 171 | 153 | 0 |
| 31 Dec 15 | 424 | 161 | 147 | 0 |
| 30 Sep 15 | 410 | 155 | 144 | 0 |
| 30 Jun 15 | 403 | 153 | 144 | 0 |
Quality Earnings: CATY has high quality earnings.
Growing Profit Margin: CATY's current net profit margins (43.2%) are higher than last year (41.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CATY's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: CATY's earnings growth over the past year (17.1%) exceeds its 5-year average (0.7% per year).
Earnings vs Industry: CATY earnings growth over the past year (17.1%) did not outperform the Banks industry 22.8%.
Return on Equity
High ROE: CATY's Return on Equity (11.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/03 21:27 |
| End of Day Share Price | 2026/06/03 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Cathay General Bancorp is covered by 21 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 |
|---|---|
| Leanne Caravaggio | BMO Capital Markets Equity Research |
| Lana Chan | BMO Capital Markets Equity Research |
| Peter Winter | BMO Capital Markets Equity Research |