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Cathay General BancorpCATY
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Overview >
Market Cap
2.61B
Revenue (ttm)
692.22M
Net Income (ttm)
285.98M
Shares Out
70.29M
EPS (ttm)
3.95
PE Ratio
9.33
Forward PE
8.72
Dividend
$1.36 (3.69%)
Ex-Dividend Date
Feb 27, 2025
Volume
146,784
Open
37.08
Previous Close
37.60
Day's Range
36.60 - 37.56
52-Week Range
33.88 - 55.29
Beta
0.98
Analysts
Hold
Price Target
50.80 (+36.96%)
Earnings Date
Apr 21, 2025
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, safe deposit, collection, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products.

Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, California.

Latest News >
Supermarket group Ahold Delhaize's fourth-quarter sales marginally beat view
Supermarket group Ahold Delhaize's fourth-quarter sales marginally beat view
Feb 11, 2025
Feb 12 (Reuters) - Supermarket group Ahold Delhaize reported slightly higher-than-expected sales for the fourth quarter on Wednesday, as it saw volume recovery in the U.S. and strong performance in Europe. The Dutch group's revenue for the three months through December 31 was 23.28 billion euros ($24.12 billion), while analysts in a company-compiled poll had estimated it to be 23.21...
SoftBank books surprise loss of $2.4 billion in third quarter
SoftBank books surprise loss of $2.4 billion in third quarter
Feb 11, 2025
TOKYO, Feb 12 (Reuters) - Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell. In particular, SoftBank was hit by unrealised valuation losses for South Korean e-commerce platform Coupang ( CPNG ), Chinese ride-hailing firm Didi Global and AutoStore Holdings...
China's purchases of chipmaking equipment to decline in 2025, consultancy says
China's purchases of chipmaking equipment to decline in 2025, consultancy says
Feb 11, 2025
BEIJING/SHANGHAI (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a consultancy said on Wednesday. China has been the biggest buyer of wafer fabrication equipment for at least the past two years, purchasing $41 billion worth of tools...
China's purchases of chipmaking equipment to decline in 2025, consultancy says
China's purchases of chipmaking equipment to decline in 2025, consultancy says
Feb 11, 2025
BEIJING/SHANGHAI, Feb 12 (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a consultancy said on Wednesday. China has been the biggest buyer of wafer fabrication equipment for at least the past two years, purchasing $41 billion worth...
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