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CATYCathay General Bancorp
$62.31$4.2B
Overview & Verdict
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CATY logoCathay General Bancorp(CATY)Earnings, Financials & Key Ratios

CATY•NASDAQ•Banking & Credit
$63.28
13.9× P/E·Price updated Jul 2, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial and middle-market focused banks
AboutCathay 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.Show more
  • Net Interest Income$742M+10.1%
  • Total Revenue$1.38B-0.4%
  • Net Income$315M+10.2%
  • Return on Equity10.92%+6.6%
  • Net Interest Margin3.06%+4.8%
  • Efficiency Ratio25.64%-4.8%
  • ROA1.33%+7.5%
  • Equity / Assets12.07%-2.2%
  • Book Value per Share43.03+9.4%

CATY Price & Volume

Cathay General Bancorp (CATY) stock price & volume — 10-year historical chart

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Operational Efficiency Gains Offset Stagnant Interest Margins

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Stable
Primary Risk:CRE Concentration and Credit Quality

Key Thesis Takeaways

  • Cathay General Bancorp demonstrates disciplined operational management, evidenced by an efficiency ratio improvement to 21.3% in 2026Q1 from 31.0% in 2023Q4, though net interest margin remains constrained at 0.8%.
  • While the bank maintains a stable capital base with an equity-to-assets ratio of 0.12, investors should monitor the volatility in credit provisioning, which peaked at $28.7 million in 2025Q3, as a potential indicator of underlying commercial real estate risk.
  • The bank's reliance on a $23.1 billion securities portfolio for liquidity suggests a cautious growth strategy that prioritizes capital preservation over aggressive balance sheet expansion.

Verdict Logic

while the bank shows disciplined expense management with a 21.3% efficiency ratio, the stagnant 0.8% net interest margin and ongoing credit provisioning volatility warrant a cautious wait-and-see approach.

CATY Growth Metrics

Cathay General Bancorp (CATY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years11.03%
5 Years13.25%
3 Years15.1%
TTM-

Profit CAGR

10 Years6.94%
5 Years6.61%
3 Years-4.4%
TTM17.06%

EPS CAGR

10 Years8.65%
5 Years9.61%
3 Years-2.04%
TTM22.47%

Return on Capital

10 Years10.44%
5 Years10.6%
3 Years8.22%
Last Year4.55%

CATY Recent Earnings

Cathay General Bancorp (CATY) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (40%)●Beat Revenue 6/12 qtrs (67%)
Q2 2026Latest
Apr 22, 2026
Metric
Actual
Est
EPS
$1.29+8.4%
$1.19
Rev
$213M+0.8%
$211M
Q1 2026
Jan 28, 2026
Metric
Actual
Est
EPS
$1.12-6.7%
$1.20
Rev
$361M
—
Q1 2026
Jan 22, 2026
Metric
Actual
Est
EPS
$1.33+10.8%
$1.20
Rev
$223M+5.2%
$212M
Q4 2025
Oct 21, 2025
Metric
Actual
Est
EPS
$1.13-1.7%
$1.15
Rev
$211M+3.9%
$203M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$1.29vs $1.19+8.4%
$213Mvs $211M+0.8%
Q1 2026Jan 28, 2026
$1.12vs $1.20-6.7%
$361M
Q1 2026Jan 22, 2026
$1.33vs $1.20+10.8%
$223Mvs $212M+5.2%
Q4 2025Oct 21, 2025
$1.13vs $1.15-1.7%
$211Mvs $203M+3.9%
Based on last 12 quarters of dataView full earnings history →

Latest CATY News

Recent stock market news and headlines for Cathay General Bancorp (CATY)

Zacks Investment Research·Jun 22, 2026
Cathay General (CATY) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cathay (CATY) have what it takes?

Peers Comparison

Key metrics vs top competitors for Cathay General Bancorp (CATY)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CATY logoCATYCathay General BancorpCurrent
$63.28$4.24B13.94-0.43%22.76%10.92%2.18%
HAFC logoHAFCHanmi Financial Corporation
$33.18$987.65M13.223.55%18.42%10.31%—
HOPE logoHOPEHope Bancorp, Inc.
$13.96$1.78B30.35-3.23%6.82%2.96%—
PFBC logoPFBCPreferred Bank
$107.87$1.28B10.36-4.11%26.69%17.48%—
RBB logoRBBRBB Bancorp
$27.92$472.85M15.262.59%16.76%7.85%—
BCAL logoBCALSouthern California Bancorp
$21.17$680.93M10.9728.44%25.68%10.59%—

Compare CATY vs Peers

Cathay General Bancorp (CATY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HAFC

Most directly comparable listed peer for CATY.

Scale Benchmark

vs ICE

Larger-name benchmark to compare CATY against a more recognizable public peer.

Peer Set

Compare Top 5

vs HAFC, HOPE, PFBC, RBB

CATY SEC Filings & Documents

Cathay General Bancorp (CATY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 19, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Apr 22, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 2, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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CATY Frequently Asked Questions

Cathay General Bancorp (CATY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Cathay General Bancorp growing?

Cathay General Bancorp (CATY) saw revenue decline by 0.4% over the past year.

Is CATY profitable?

Yes, Cathay General Bancorp (CATY) is profitable, generating $332.5M in net income for fiscal year 2025 (22.8% net margin).

Dividend & Returns
Does CATY pay dividends?

Yes, Cathay General Bancorp (CATY) pays a dividend with a yield of 2.18%. This makes it attractive for income-focused investors.

What is CATY's return on equity?

Cathay General Bancorp (CATY) has a return on equity (ROE) of 10.9%. This is reasonable for most industries.

Industry Metrics
What is Cathay General Bancorp's net interest margin?

Cathay General Bancorp (CATY) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.

What is Cathay General Bancorp's efficiency ratio?

Cathay General Bancorp (CATY) has an efficiency ratio of 25.6%. This is excellent, indicating strong cost control.

What if you invested $1,000 in CATY back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →