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 June 9, 2025, to stockholders of record at the close of business on May 29, 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, Cathay B. |
businesswire.com |
2025-05-15 22:45:00 |
Czytaj oryginał (ang.) |
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 |
2025-04-26 07:24:56 |
Czytaj oryginał (ang.) |
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 |
2025-04-22 00:34:20 |
Czytaj oryginał (ang.) |
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 |
2025-04-21 20:40:00 |
Czytaj oryginał (ang.) |
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 |
2025-04-11 22:01:00 |
Czytaj oryginał (ang.) |
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 |
2025-04-03 20:30:00 |
Czytaj oryginał (ang.) |
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 |
2025-02-18 06:36:07 |
Czytaj oryginał (ang.) |
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 |
2025-02-14 18:30:00 |
Czytaj oryginał (ang.) |
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 |
2025-01-30 17:18:31 |
Czytaj oryginał (ang.) |
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 |
2025-01-23 01:24:03 |
Czytaj oryginał (ang.) |
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 |
2025-01-22 21:31:19 |
Czytaj oryginał (ang.) |
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 |
2025-01-22 20:46:07 |
Czytaj oryginał (ang.) |
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 |
2025-01-22 18:30:00 |
Czytaj oryginał (ang.) |
Cathay General Bancorp Announces Retirement of Chief Risk Officer of Cathay Bank and Appointment of Successor |
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, announced that Mr. Kim R. Bingham will retire as Chief Risk Officer of Cathay Bank, effective January 21, 2025. Mr. Bingham will continue to serve Cathay Bank as Executive Vice President, Special Advisor to the Office of the President for a transition period that is anticipated to end on or about March 31, 2025, but will no longer be a designated executive officer of Cathay Bank. Succeeding. |
businesswire.com |
2025-01-17 22:00:00 |
Czytaj oryginał (ang.) |
Cathay (CATY) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures |
Evaluate the expected performance of Cathay (CATY) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. |
zacks.com |
2025-01-17 12:20:32 |
Czytaj oryginał (ang.) |
Earnings Preview: Cathay General (CATY) Q4 Earnings Expected to Decline |
Cathay (CATY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-01-15 13:06:39 |
Czytaj oryginał (ang.) |
Cathay General Bancorp to Announce Fourth Quarter and Full Year 2024 Financial Results |
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its fourth quarter and full year 2024 financial results after the markets close on Wednesday, January 22, 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: Wednesday, January 22, 2025 Time: 3:00 p.m. Pacific Time (6. |
businesswire.com |
2025-01-09 18:30:00 |
Czytaj oryginał (ang.) |
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 December 9, 2024, to stockholders of record at the close of business on November 27, 2024. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp is a publicly traded company (Nasdaq: CATY) and is the holding company for Cathay Bank, a state-chartered bank. Cathay General Bancorp's website is at www.cathaygeneralbancorp. |
businesswire.com |
2024-11-15 18:30:00 |
Czytaj oryginał (ang.) |
Cathay General Bancorp: Shares Performed As Expected |
Cathay General Bancorp has had a nice run lower over the past year or so, with shares outperforming the broader market. This has come at a time when income statement results have worsened, but deposits have increased nicely. Unfortunately, the company now looks ready for a downgrade based on pricing, asset quality, and other factors. |
seekingalpha.com |
2024-11-14 16:27:38 |
Czytaj oryginał (ang.) |
Cathay General Bancorp: Rate Cuts To Help Earnings Bounce Back Next Year |
Despite recent performance, my loan growth outlook remains positive because of the economic strength of urban markets and interest rate cuts. The net interest margin will likely continue to expand because rate cuts will reduce the average deposit cost, but the average loan yield will remain sticky. The December 2024 target price is close to the current market price. |
seekingalpha.com |
2024-11-05 05:34:04 |
Czytaj oryginał (ang.) |
Cathay General Bancorp (CATY) Q3 2024 Earnings Call Transcript |
Cathay General Bancorp (NASDAQ:CATY ) Q3 2024 Earnings Conference Call October 21, 2024 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President & CEO Heng Chen - EVP, CFO & Treasurer Conference Call Participants Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Nicholas Moutafakis - KBW Adam Butler - Piper Sandler Operator Good afternoon, ladies and gentlemen, and welcome to Cathay General Bancorp's Third Quarter of 2024 Earnings Conference Call. |
seekingalpha.com |
2024-10-22 00:09:05 |
Czytaj oryginał (ang.) |
Cathay (CATY) Reports Q3 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for Cathay (CATY) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-10-21 23:31:18 |
Czytaj oryginał (ang.) |
Cathay General (CATY) Q3 Earnings Miss Estimates |
Cathay General (CATY) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.13 per share a year ago. |
zacks.com |
2024-10-21 22:46:10 |
Czytaj oryginał (ang.) |
Cathay General Bancorp Announces Third Quarter 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 ended September 30, 2024. The Company reported net income of $67.5 million, or $0.94 per diluted share, for the third quarter of 2024. FINANCIAL PERFORMANCE Three months ended (unaudited) September 30, 2024 June 30, 2024 September 30, 2023 Net income $ 67.5 million $ 66.8 million $ 82.4 mil. |
businesswire.com |
2024-10-21 20:30:00 |
Czytaj oryginał (ang.) |
Is a Surprise Coming for Cathay (CATY) This Earnings Season? |
Cathay (CATY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. |
zacks.com |
2024-10-17 13:30:23 |
Czytaj oryginał (ang.) |
Cathay (CATY) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates |
Besides Wall Street's top -and-bottom-line estimates for Cathay (CATY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024. |
zacks.com |
2024-10-16 14:21:28 |
Czytaj oryginał (ang.) |
Cathay General (CATY) Expected to Beat Earnings Estimates: Should You Buy? |
Cathay (CATY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-14 15:05:45 |
Czytaj oryginał (ang.) |
Will Cathay (CATY) Beat Estimates Again in Its Next Earnings Report? |
Cathay (CATY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2024-10-11 17:15:17 |
Czytaj oryginał (ang.) |
Cathay General Bancorp to Announce Third Quarter 2024 Financial Results |
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its third quarter 2024 financial results after the markets close on Monday, October 21, 2024. 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, October 21, 2024 Time: 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time. |
businesswire.com |
2024-10-03 20:30:00 |
Czytaj oryginał (ang.) |
Cathay General: Turnaround Seems Near, Buy On Dips |
I have revised downwards my earnings estimate for this year because the first half's performance missed my expectations. Interest rate cuts will help lift the net interest margin as well as the residential loan segment. The year-end target price suggests a small downside from the current market price. Additionally, CATY is offering a moderate dividend yield. |
seekingalpha.com |
2024-08-01 00:07:34 |
Czytaj oryginał (ang.) |
Cathay General Bancorp (CATY) Q2 2024 Earnings Call Transcript |
Cathay General Bancorp (NASDAQ:CATY ) Q2 2024 Results Conference Call July 23, 2024 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 Andrew Terrell - Stephens Gary Tenner - D.A. Davidson Andrew Leischner - KBW Operator Good afternoon, ladies and gentlemen, and welcome to the Cathay General Bancorp Second Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-07-23 14:49:07 |
Czytaj oryginał (ang.) |
Cathay (CATY) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates |
Although the revenue and EPS for Cathay (CATY) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-07-22 23:30:46 |
Czytaj oryginał (ang.) |
Cathay General (CATY) Q2 Earnings Surpass Estimates |
Cathay General (CATY) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.28 per share a year ago. |
zacks.com |
2024-07-22 22:51:39 |
Czytaj oryginał (ang.) |
Cathay General Bancorp Announces Second Quarter 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 ended June 30, 2024. The Company reported net income of $66.8 million, or $0.92 per share, for the second quarter of 2024. The second quarter net income included $4.1 million or $0.04 per diluted share from accelerated amortization of solar tax credit investments, which were previously fore. |
businesswire.com |
2024-07-22 20:30:00 |
Czytaj oryginał (ang.) |
Cathay General (CATY) Expected to Beat Earnings Estimates: Can the Stock Move Higher? |
Cathay (CATY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-07-15 15:06:32 |
Czytaj oryginał (ang.) |
Why Cathay (CATY) is Poised to Beat Earnings Estimates Again |
Cathay (CATY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2024-07-10 17:11:14 |
Czytaj oryginał (ang.) |
Cathay General Bancorp to Announce Second Quarter 2024 Financial Results |
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its second quarter 2024 financial results after the markets close on Monday, July 22, 2024. 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, July 22, 2024 Time: 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time) Dur. |
businesswire.com |
2024-07-03 20:30:00 |
Czytaj oryginał (ang.) |