Cathay General Bancorp

Cathay General Bancorp

CATYยทNASDAQ

$56.51

-0.28%
Financial ServicesBanks - Regional

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. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.

At a Glance

Live Snapshot
Market Cap$3.79B
EPS4.5700
P/E Ratio12.37
Earnings Date07/28/2026
Cathay General Bancorp

Cathay General Bancorp Fair Value Envelope

CATY ยท NASDAQ

Our analysis suggests that CATY has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $56.51, this represents a potential HIDDEN relative to our calculated worth for Cathay General Bancorp.

Intrinsic Value
Current Price: $56.51

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$13.2B
+ Cash & Equivalents$146.3M
Firm Value$13.4B
- Debt$208.9M
Equity Value$13.2B
/ Shares Outstanding68,037,418B
DCF Value$193
UNDERVALUED BY 242%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$411.8M
$460.0M
$513.9M
$574.1M
$641.4M
$716.5M
$800.5M
$894.2M
$999.0M
$1.1B
Maintenance CapEx
-$1.1M
-$1.2M
-$1.4M
-$1.5M
-$1.7M
-$1.9M
-$2.1M
-$2.4M
-$2.7M
-$3.0M
Owner Earnings
$410.7M
$458.8M
$512.5M
$572.6M
$639.7M
$714.6M
$798.3M
$891.9M
$996.3M
$1.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$380.2M
$393.3M
$406.9M
$420.9M
$435.3M
$450.3M
$465.8M
$481.8M
$498.4M
$515.6M
Terminal Value represents 66.3% of Enterprise Value