Cathay General Bancorp (CATY) Stock Price, News & Analysis

Company Overview

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California. Its principal subsidiary, Cathay Bank, is a full-service commercial bank established in 1962 to serve the financial needs of Chinese American communities. Cathay General Bancorp was formed as the bank’s holding company in 1990.

Cathay Bank provides a range of banking and financial services for businesses, individuals and institutions. Its offerings include commercial and residential real estate loans, commercial and industrial financing, Small Business Administration loans, consumer lending, deposit accounts, cash-management services, online and mobile banking, and wealth-management solutions.

The company primarily serves customers in major metropolitan areas across California and in selected markets in New York, Texas, Washington, Nevada, Maryland, New Jersey and Massachusetts. Through its community-oriented banking model, Cathay focuses on small and middle-market businesses, real estate investors, professionals and retail customers, with an emphasis on cross-border and multicultural banking relationships.

Key Stats

• Today's Range: $61.41 to $63.18
• 50-Day Range: $60.30 to $64.93
• 52-Week Range: $44.57 to $65.25
• Volume: 347,921 shs
• Average Volume: 361,296 shs
• Market Capitalization: $4.14 billion
• P/E Ratio: 12.11
• Dividend Yield: 2.45%
• Price Target: $62.25
• Consensus Rating: Hold

Cathay General Bancorp Stock Analysis - MarketRank™

Cathay General Bancorp scored higher than 55% of companies evaluated by MarketBeat, and ranked 558th out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Cathay General Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 4 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Cathay General Bancorp is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Cathay General Bancorp has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.39%

Earnings Growth

Earnings for Cathay General Bancorp are expected to grow by 6.39% in the coming year, from $5.48 to $5.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cathay General Bancorp is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cathay General Bancorp is 12.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.67.

Price to Book Value per Share Ratio

Cathay General Bancorp has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.38% of the float of Cathay General Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Cathay General Bancorp has a short interest ratio ("days to cover") of 7.83.

Change versus previous month

Short interest in Cathay General Bancorp has recently increased by 11.58%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Cathay General Bancorp pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cathay General Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cathay General Bancorp is 29.69%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cathay General Bancorp will have a dividend payout ratio of 26.07% next year. This indicates that Cathay General Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.62

News Sentiment

Cathay General Bancorp has a news sentiment score of 1.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.88 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Cathay General Bancorp this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for CATY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.6 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cathay General Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,996,362.00 in company stock.

Percentage Held by Insiders

4.53% of the stock of Cathay General Bancorp is held by insiders.

Percentage Held by Institutions

75.01% of the stock of Cathay General Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/22/2026
• Record date for 9/8 Dividend: 8/28/2026
• Ex-Dividend for 9/8 Dividend: 8/28/2026
• Dividend Payable: 9/08/2026
• Today: 9/12/2026
• Next Earnings (Estimated): 10/20/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:CATY
• CIK: 861842
• Web: www.cathaybank.com
• Phone: (213) 625-4700
• Fax: 302-655-5049
• Employees: 1,268
• Year Founded: 1962

Price Target and Rating

• Average Price Target for Cathay General Bancorp: $62.25
• High Price Target: $67.00
• Low Price Target: $53.00
• Potential Upside/Downside: +0.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.12
• Trailing P/E Ratio: 12.11
• Forward P/E Ratio: 11.32
• P/E Growth: N/A
• Net Income: $315.12 million
• Net Margins: 24.66%
• Pretax Margin: 30.96%
• Return on Equity: 11.71%
• Return on Assets: 1.43%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $1.38 billion
• Price / Sales: 2.99
• Cash Flow: $5.11 per share
• Price / Cash Flow: 12.13
• Book Value: $43.00 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 66,710,000
• Free Float: 63,692,000
• Market Cap: $4.14 billion
• Optionable: Optionable
• Beta: 0.85