Cathay General Bancorp (CATY) Projected to Post Earnings on Wednesday

Key Points

• Cathay General Bancorp is expected to report Q3 2026 results after market close on October 21, with analysts forecasting earnings of $1.45 per share and revenue of $227.45 million.
• The bank exceeded estimates in its prior quarter, reporting $1.37 EPS and $221.20 million in revenue, while revenue increased 13.1% year over year.
• Shares recently traded near $59.34, and the company pays a quarterly dividend of $0.38 per share, representing a 2.6% yield. Analysts’ overall rating is “Hold,” with a consensus price target of $62.25.

Cathay General Bancorp (NASDAQ:CATY - Get Free Report) will likely be posting its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect Cathay General Bancorp to announce earnings of $1.45 per share and revenue of $227.45 million for the quarter. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 6:00 PM ET.

Cathay General Bancorp (NASDAQ:CATY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The bank reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.02. The business had revenue of $221.20 million during the quarter, compared to the consensus estimate of $218.28 million. Cathay General Bancorp had a return on equity of 11.71% and a net margin of 24.66%. The firm's quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.10 earnings per share. On average, analysts expect Cathay General Bancorp to post $5.54 EPS for the current fiscal year and $5.96 EPS for the next fiscal year.

Cathay General Bancorp Stock Performance

Shares of Cathay General Bancorp stock opened at $59.34 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $3.96 billion, a P/E ratio of 11.59 and a beta of 0.89. The business has a fifty day simple moving average of $61.85 and a two-hundred day simple moving average of $59.31. Cathay General Bancorp has a 12 month low of $44.57 and a 12 month high of $65.25.

Cathay General Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Friday, August 28th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, August 28th. Cathay General Bancorp's payout ratio is 29.69%.

Insider Activity at Cathay General Bancorp

In related news, EVP Thomas M. Lo sold 1,600 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $62.47, for a total transaction of $99,952.00. Following the completion of the transaction, the executive vice president owned 2,362 shares of the company's stock, valued at $147,554.14. This trade represents a 40.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard Sun sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $62.31, for a total value of $62,310.00. Following the transaction, the director directly owned 2,200 shares of the company's stock, valued at approximately $137,082. This trade represents a 31.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,600 shares of company stock worth $1,996,362 in the last 90 days. 4.53% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on CATY. Zacks Research downgraded shares of Cathay General Bancorp from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 12th. Stephens lifted their price target on shares of Cathay General Bancorp from $56.00 to $63.00 and gave the company an "equal weight" rating in a research report on Thursday, July 23rd. Keefe, Bruyette & Woods lifted their price target on shares of Cathay General Bancorp from $64.00 to $67.00 and gave the company a "market perform" rating in a research report on Thursday, July 23rd. Benchmark raised shares of Cathay General Bancorp to a "hold" rating in a research note on Wednesday, September 23rd. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Cathay General Bancorp in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Cathay General Bancorp currently has an average rating of "Hold" and a consensus target price of $62.25.

About Cathay General Bancorp

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California. Its principal subsidiary, Cathay Bank, provides banking and financial services to individuals, businesses and institutions through branch offices, digital banking channels and other delivery platforms.

Cathay Bank offers deposit products, commercial and consumer lending, residential and commercial real estate financing, small business loans, trade finance and cash management services. The bank also provides online and mobile banking, wealth management and other financial services designed to support personal and business banking needs.

Founded in 1962, Cathay Bank has historically served communities in the United States with strong ties to the Chinese-American and broader Asian-American markets.

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