Cathay General Bancorp (NASDAQ:CATY) is a bank holding company headquartered in Los Angeles, California, trading on NASDAQ under the symbol CATY. Its principal subsidiary, Cathay Bank, provides a full suite of financial services to commercial, institutional and retail clients. As a community-focused institution, the company emphasizes relationship banking and tailored solutions for businesses and individuals.
Founded in 1962 by a group of Chinese American entrepreneurs, Cathay has expanded from a single branch operation in downtown Los Angeles into one of the largest Asian-American banks in the United States. Over the decades, the bank has grown both organically and through strategic acquisitions, maintaining a strong commitment to serving immigrant and minority communities while broadening its market reach.
Cathay’s core offerings include commercial lending, real estate financing, trade services, treasury management and deposit products. In addition to traditional banking, the company provides wealth management, trust services and foreign exchange solutions designed to support cross-border business activities. Its expertise in U.S.–Asia trade finance and RMB clearing has made it a preferred partner for companies engaged in international commerce.
With more than 60 branch locations across California, New York, Washington and Texas, Cathay maintains a significant presence on the U.S. West Coast and in major East Coast markets. Internationally, the bank serves clients through representative offices in Hong Kong and Shanghai. Dominic Ng serves as chairman and chief executive officer, leading a management team focused on sustainable growth and community development.
