Financial Services -
Banks - Regional - NASDAQ - US
$ 41.87
-1.15 %
$ 2.93 B
Market Cap
10.69
P/E
1. INTRINSIC VALUE
Balance Sheet
Cathay General Bancorp
| Current Assets | 1.8 B |
| Cash & Short-Term Investments | 1.7 B |
| Receivables | 97.8 M |
| Other Current Assets | 0 |
| Non-Current Assets | 545 M |
| Long-Term Investments | 17.7 M |
| PP&E | 117 M |
| Other Non-Current Assets | 410 M |
| Current Liabilities | 18.4 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 18.4 B |
| Non-Current Liabilities | 119 M |
| Long-Term Debt | 197 M |
| Other Non-Current Liabilities | -77.7 M |
EFFICIENCY
Earnings Waterfall
Cathay General Bancorp
| Revenue | 730 M |
| Cost Of Revenue | 0 |
| Gross Profit | 730 M |
| Operating Expenses | 730 M |
| Operating Income | 23.7 M |
| Other Expenses | -262 M |
| Net Income | 286 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Cathay General Bancorp
| Net Income | 286 M |
| Depreciation & Amortization | 16.8 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 6.8 M |
| Change in Working Capital | -52.8 M |
| Others | 36.4 M |
| Free Cash Flow | 326 M |
Wall Street Analysts Price Targets
Cathay General Bancorp
Wall Street analysts predict an average 1-year price target for CATY of $52.6 , with forecasts ranging from
a
low of
$43 to a high of $60 .
CATY Lowest Price Target
Wall Street Target
43 USD
2.70%
CATY Average Price Target
Wall Street Target
52.6 USD
25.63%
CATY Highest Price Target
Wall Street Target
60 USD
43.30%
4. DIVIDEND
ANALYSIS
0.79%
DIVIDEND YIELD
0.34 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Cathay General Bancorp
Sold
0-3 MONTHS
112 K USD 1
3-6 MONTHS
256 K USD 1
6-9 MONTHS
3.81 M USD 4
9-12 MONTHS
1.52 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Cathay General Bancorp: Fixed Rate Exposure Is Not Currently In Its Favor (Rating Upgrade)
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.
seekingalpha.com
- 3 weeks ago
Cathay General Bancorp (CATY) Q1 2025 Earnings Conference Call Transcript
Cathay General Bancorp (NASDAQ:CATY ) Q1 2025 Earnings Conference Call April 21, 2025 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President and CEO Heng Chen - EVP, CFO and Treasurer Conference Call Participants Andrew Leischner - KBW Gary Tenner - D.A. Davidson Andrew Terrell - Stevens Adam Butler - Piper Sandler Operator Good afternoon, ladies and gentlemen, and welcome to the Cathay General Bancorp's First Quarter 2025 Earnings Conference Call.
seekingalpha.com
- 4 weeks ago
Cathay General Bancorp Announces First Quarter 2025 Results
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended March 31, 2025. The Company reported net income of $69.5 million, or $0.98 per diluted share, for the first quarter of 2025. FINANCIAL PERFORMANCE Three months ended (unaudited) March 31, 2025 December 31, 2024 March 31, 2024 Net income $69.5 million $ 80.2 million $71.4 million B.
businesswire.com
- 4 weeks ago
Cathay Bank Unveils Plans for the 48th Annual Charity Golf Tournament
LOS ANGELES--(BUSINESS WIRE)-- #CathayBank--Cathay Bank is excited to announce the upcoming 48th Annual Charity Golf Tournament scheduled for May 28, 2025. The prestigious event will once again unfold at the Industry Hills Golf Club at Pacific Palms Resort in the City of Industry, California. This annual charity golf tournament has become a cornerstone in the community, bringing together golf enthusiasts to raise funds for local nonprofit organizations. The tournament will feature an engaging 18-hole, four-p.
businesswire.com
- 1 month ago
Cathay General Bancorp to Announce First Quarter 2025 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its first quarter 2025 financial results after the markets close on Monday, April 21, 2025. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Date: Monday, April 21, 2025 Time: 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time) Du.
businesswire.com
- 1 month ago
Best Value Stocks to Buy for February 18th
PFIS, CATY and RICK made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 31, 2024.
zacks.com
- 3 months ago
Cathay General Bancorp Declares $0.34 Per Share Dividend
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on March 10, 2025, to stockholders of record at the close of business on February 27, 2025. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (Nasdaq: CATY) is the holding company for Cathay Bank, a California state-chartered bank. Cathay General Bancorp's website is at www.cathaygeneralbancorp.com. Founded in 1962, C.
businesswire.com
- 3 months ago
Cathay General Bancorp: Reducing The EPS Estimate, But Maintaining A Hold Rating
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.
seekingalpha.com
- 3 months ago
Cathay General Bancorp (CATY) Q4 2024 Earnings Call Transcript
Cathay General Bancorp (NASDAQ:CATY ) Q4 2024 Earnings Conference Call January 22, 2025 6:00 PM ET Company Participants Georgia Lo - Investor Relations Chang Liu - President and Chief Executive Officer Heng Chen - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Operator Good afternoon, ladies and gentlemen, and welcome to Cathay General Bancorp's Fourth Quarter and Full-Year 2024 Earnings Conference Call.
seekingalpha.com
- 3 months ago
Compared to Estimates, Cathay (CATY) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Cathay (CATY) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 3 months ago
Cathay General (CATY) Tops Q4 Earnings and Revenue Estimates
Cathay General (CATY) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.25 per share a year ago.
zacks.com
- 3 months ago
Cathay General Bancorp Announces Fourth Quarter and Full Year 2024 Results
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company,” “we,” “us,” or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter and year ended December 31, 2024. The Company reported net income of $286.0 million, or $3.95 per diluted share, for the year ended December 31, 2024 and net income of $80.2 million, or $1.12 per diluted share, for the fourth quarter of 2024. FINANCIAL PERFORMANCE Three months ended Year en.
businesswire.com
- 3 months ago
8. Profile
Summary
Cathay General Bancorp CATY
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 2.93 B
Dividend Yield
0.79%
Description
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.
Contact
777 North Broadway, Los Angeles, CA, 90012
https://www.cathaygeneralbancorp.com
IPO
Date
Dec. 14, 1990
Employees
1266
Officers
Ms. Georgia Lo
Assistant Secretary & Investor Relations
Mr. Chang Ming Liu
Chief Executive Officer, President & Director
Mr. Dunson K. Cheng
Executive Chairman of the Board
Mr. Heng W. Chen
Executive Vice President, Chief Financial Officer & Treasurer
Ms. May K. Chan
Senior Vice President, General Counsel, Secretary & Sustainability Officer