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Cathay General Bancorp NasdaqGS:CATY Stock Report

Last Price

US$43.99

Market Cap

US$3.2b

7D

1.6%

1Y

16.3%

Updated

30 Jul, 2024

Data

Company Financials +

Cathay General Bancorp

NasdaqGS:CATY Stock Report

Market Cap: US$3.2b

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.

CATY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

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$43.99
52 Week HighUS$45.88
52 Week LowUS$32.08
Beta1.12
11 Month Change16.62%
3 Month Change25.04%
1 Year Change16.34%
33 Year Change15.40%
5 Year Change28.51%
Change since IPO982.83%

Recent News & Updates

Recent updates

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

Cathay General Bancorp Has An Attractive Loan Book With Low LTV Ratios

Feb 08

Does Cathay General Bancorp (NASDAQ:CATY) Deserve A Spot On Your Watchlist?

Feb 02
Does Cathay General Bancorp (NASDAQ:CATY) Deserve A Spot On Your Watchlist?

Shareholder Returns

CATYUS BanksUS Market
7D1.6%0.3%-1.7%
1Y16.3%27.4%16.9%

Return vs Industry: CATY underperformed the US Banks industry which returned 27.4% over the past year.

Return vs Market: CATY matched the US Market which returned 16.9% over the past year.

Price Volatility

Is CATY's price volatile compared to industry and market?
CATY volatility
CATY Average Weekly Movement3.7%
Banks Industry Average Movement4.3%
Market Average Movement6.0%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: CATY's weekly volatility (4%) 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$3.17b
Earnings (TTM)US$303.16m
Revenue (TTM)US$735.21m

10.5x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CATY income statement (TTM)
RevenueUS$735.21m
Cost of RevenueUS$0
Gross ProfitUS$735.21m
Other ExpensesUS$432.05m
EarningsUS$303.16m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.20
Gross Margin100.00%
Net Profit Margin41.23%
Debt/Equity Ratio10.8%

How did CATY perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

16%

Payout Ratio
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