Cathay General Bancorp logo

Cathay General Bancorp

CATY

NASDAQFinancial ServicesBanks - Regional

Latest quote

$62.30

−$0.12 · -0.19%

Aug 21, 3:55 PM ET

CATY company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

77

Undervalued

Momentum

64

Gaining

Sentiment

65

Bullish

Risk resilience

79

Moderate Risk

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Company profile

Company website

Cathay General Bancorp serves as the parent entity for Cathay Bank, a financial institution that delivers a broad spectrum of commercial banking solutions. These services are tailored for individual clients, professional practices, and small to medium-sized enterprises, primarily within the United States. The bank offers a diverse array of deposit products, encompassing passbook, checking, and money market accounts, alongside certificates of deposit (CDs), individual retirement accounts (IRAs), and public sector fund deposits. On the lending side, Cathay Bank provides various loan offerings, including commercial mortgages, general commercial loans, Small Business Administration (SBA) loans, residential mortgages, and real estate construction financing, as well as home equity lines of credit. It also extends personal installment loans designed for household and other consumer expenditures. Beyond its core banking activities, the company furnishes services such as trade financing, letters of credit, wire transfers, foreign currency spot and forward contracts, and traveler's checks. Additional conveniences include safe deposit boxes, night deposit facilities, Social Security payment deposits, collection services, bank-by-mail, drive-up and walk-up windows, automatic teller machines (ATMs), and internet banking. Furthermore, it offers investment services, various other customary banking provisions, and both securities and insurance products. As of March 1, 2022, Cathay General Bancorp maintained a substantial physical presence, operating 31 branches in Southern California, 16 in Northern California, 10 in New York, four in Washington, and two each in Illinois and Texas. Single branches are located in Maryland, Massachusetts, Nevada, New Jersey, and Hong Kong. The corporation also maintains representative offices in Beijing, Taipei, and Shanghai. Established in 1962, the company maintains its headquarters in Los Angeles, California.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Chang Ming Liu
Listed since
Dec 14, 1990
Employees
1,268

Market position

Volume
341.64K
0.74× average
Average volume
459.96K
Average daily volume
Market cap
4.18B USD
Beta
0.85
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.34B USD
P/E (TTM)
12.1×
P/B (TTM)
1.37×
P/S (TTM)
EV / EBITDA
7.74×
Earnings yield
9.62%
Free cash flow yield
11.10%
Dividend yield
2.31%

Profitability & efficiency

Gross margin
57.16%
Operating margin
33.16%
Net margin
24.97%
Return on equity
10.77%
Return on assets
1.30%
Return on invested capital
-4.55%

Financial health

Debt / equity
0.05×
Current ratio
0.2×
Altman Z-score
-0.47
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends100%71%42%13%Gross margin, FY2021: 92.69%Gross margin, FY2022: 85.45%Gross margin, FY2023: 59.83%Gross margin, FY2024: 49.78%Gross margin, FY2025: 55.06%Operating margin, FY2021: 52.95%Operating margin, FY2022: 52.04%Operating margin, FY2023: 30.80%Operating margin, FY2024: 22.83%Operating margin, FY2025: 29.42%Net margin, FY2021: 41.37%Net margin, FY2022: 39.71%Net margin, FY2023: 27.02%Net margin, FY2024: 20.56%Net margin, FY2025: 22.76%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 92.69%. Gross margin FY2022 85.45%. Gross margin FY2023 59.83%. Gross margin FY2024 49.78%. Gross margin FY2025 55.06%. Operating margin FY2021 52.95%. Operating margin FY2022 52.04%. Operating margin FY2023 30.80%. Operating margin FY2024 22.83%. Operating margin FY2025 29.42%. Net margin FY2021 41.37%. Net margin FY2022 39.71%. Net margin FY2023 27.02%. Net margin FY2024 20.56%. Net margin FY2025 22.76%.

Income trends

Revenue

1.38B USD-0.43%

Operating income

407.4M USD+28.30%

Net income

315.12M USD+10.19%
Income trends across reported periods1.5B USD1.06B USD617.38M USD175.51M USDRevenue, FY2021: 721.11M USDRevenue, FY2022: 908.1M USDRevenue, FY2023: 1.31B USDRevenue, FY2024: 1.39B USDRevenue, FY2025: 1.38B USDOperating income, FY2021: 381.84M USDOperating income, FY2022: 472.54M USDOperating income, FY2023: 403.58M USDOperating income, FY2024: 317.54M USDOperating income, FY2025: 407.4M USDNet income, FY2021: 298.3M USDNet income, FY2022: 360.64M USDNet income, FY2023: 354.12M USDNet income, FY2024: 285.98M USDNet income, FY2025: 315.12M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 721.11M USD. Revenue FY2022 908.1M USD. Revenue FY2023 1.31B USD. Revenue FY2024 1.39B USD. Revenue FY2025 1.38B USD. Operating income FY2021 381.84M USD. Operating income FY2022 472.54M USD. Operating income FY2023 403.58M USD. Operating income FY2024 317.54M USD. Operating income FY2025 407.4M USD. Net income FY2021 298.3M USD. Net income FY2022 360.64M USD. Net income FY2023 354.12M USD. Net income FY2024 285.98M USD. Net income FY2025 315.12M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.38B USD1.39B USD1.31B USD908.1M USD721.11M USD
Cost of goods sold622.23M USD698.42M USD526.45M USD132.13M USD52.75M USD
Gross profit762.46M USD692.22M USD784.06M USD775.97M USD668.37M USD
Selling, general, and administrative192.79M USD188.18M USD183.62M USD157.45M USD146.84M USD
Operating expenses355.06M USD374.68M USD380.48M USD303.43M USD286.52M USD
Interest income1.31B USD1.33B USD1.24B USD851.28M USD666.51M USD
Interest expense566.8M USD660.92M USD500.48M USD117.58M USD68.76M USD
Depreciation and amortization23.68M USD16.83M USD18.1M USD19.8M USD16.12M USD
Operating income407.4M USD317.54M USD403.58M USD472.54M USD381.84M USD
Net income315.12M USD285.98M USD354.12M USD360.64M USD298.3M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 3 misses, 2 met estimates
Average EPS surprise
+2.22%
11 comparable reports
Latest EPS result
1.37
Estimate 1.35 · Beat by 1.48%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.491.291.090.89Q1 '25BeatQ2 '25BeatQ3 '25MetQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 22, 2025: actual 1.12, estimate 1.1, surprise +1.82%, Beat. Q2 2025, reported Apr 21, 2025: actual 0.98, estimate 0.95, surprise +3.16%, Beat. Q3 2025, reported Jul 22, 2025: actual 1.1, estimate 1.1, surprise 0.00%, Met estimate. Q4 2025, reported Oct 21, 2025: actual 1.13, estimate 1.15, surprise -1.74%, Miss. Q1 2026, reported Jan 22, 2026: actual 1.33, estimate 1.2, surprise +10.83%, Beat. Q2 2026, reported Apr 22, 2026: actual 1.29, estimate 1.19, surprise +8.40%, Beat. Q3 2026, reported Jul 22, 2026: actual 1.37, estimate 1.35, surprise +1.48%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 1.43, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates236.36M216.16M195.97M175.78MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 22, 2025: actual 186.49M USD, estimate 184.87M USD, surprise +0.87%, Beat. Q2 2025, reported Apr 21, 2025: actual 187.84M USD, estimate 186.16M USD, surprise +0.90%, Beat. Q3 2025, reported Jul 22, 2025: actual 196.61M USD, estimate 202.25M USD, surprise -2.79%, Miss. Q4 2025, reported Oct 21, 2025: actual 210.61M USD, estimate 202.7M USD, surprise +3.90%, Beat. Q1 2026, reported Jan 22, 2026: actual 222.83M USD, estimate 211.83M USD, surprise +5.19%, Beat. Q2 2026, reported Apr 22, 2026: actual 213.2M USD, estimate 211.4M USD, surprise +0.85%, Beat. Q3 2026, reported Jul 22, 2026: actual 221.2M USD, estimate 218.28M USD, surprise +1.34%, Beat. Q4 2026, reported Oct 20, 2026: actual —, estimate 227.26M USD, surprise —, Comparison unavailable.

CATY news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.36

2025 complete year+7.1% since 2021

2026 partial: $0.76

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

$0.38

Quarterly

Record Aug 28, 2026 · Payment Sep 8, 2026

Dividend

Ex-dividend May 28, 2026

$0.38

Quarterly

Record May 28, 2026 · Payment Jun 9, 2026

Dividend

Ex-dividend Feb 26, 2026

$0.38

Quarterly

Record Feb 26, 2026 · Payment Mar 9, 2026

Dividend

Ex-dividend Dec 1, 2025

$0.34

Quarterly

Record Dec 1, 2025 · Payment Dec 11, 2025

Dividend

Ex-dividend Aug 28, 2025

$0.34

Quarterly

Record Aug 28, 2025 · Payment Sep 8, 2025

Dividend

Ex-dividend May 29, 2025

$0.34

Quarterly

Record May 29, 2025 · Payment Jun 9, 2025

CATY peers

ETFs holding CATY

Funds reporting this stock among their holdings, ordered by reported position size.

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