05:25 PM EDT, 04/22/2024 (MT Newswires) -- Cathay General Bancorp ( CATY ) reported Q1 net income Monday of $0.98 per diluted share, down from $1.32 a year earlier.

Analysts polled by Capital IQ expected $0.98.

Revenue, calculated as the sum of net interest income and total noninterest income, was $175.2 million during the three months ended March 31, down from $206.7 million a year ago.

Analysts expected $187.5 million.