About Cathay General Bancorp
Cathay General Bancorp is a bank holding company. The Company holds Cathay Bank, a California state-chartered commercial bank (the Bank); approximately seven limited partnerships investing in affordable housing investments, in which the Bank is the sole limited partner; GBC Venture Capital, Inc, and Asia Realty Corp. It also owns the common stock of over five statutory business trusts created for issuing capital securities. The Bank primarily services individuals, professionals and small to medium-sized businesses in the local markets and provides commercial mortgage loans, commercial loans, small business administration (SBA) loans, residential mortgage loans, real estate construction loans, home equity lines of credit and installment loans to individuals for automobile, household and other consumer expenditures. The Bank offers passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Pacific Banks
- Sub-Industry: Regional Banks
- Exchange: NASDAQ
- Symbol: CATY
- CUSIP: 14915010
- Previous Close: $40.14
- 50 Day Moving Average: $37.69
- 200 Day Moving Average: $34.08
- 52-Week Range: $79,610,000.00 - $26.27
- Trailing P/E Ratio: 18.13
- Foreward P/E Ratio: 15.56
- P/E Growth: 2.15
- Market Cap: $3.16B
- Outstanding Shares: 79,610,000
- Beta: 1.19
- Net Margins: 32.89%
- Return on Equity: 9.94%
- Return on Assets: 1.29%
Companies Related to Cathay General Bancorp:
- Debt-to-Equity Ratio: 0.47%
- Current Ratio: 1.06%
- Quick Ratio: 1.06%
What is Cathay General Bancorp's stock symbol?
Cathay General Bancorp trades on the NASDAQ under the ticker symbol "CATY."
How often does Cathay General Bancorp pay dividends? What is the dividend yield for Cathay General Bancorp?
Cathay General Bancorp announced a quarterly dividend on Thursday, February 16th. Shareholders of record on Wednesday, March 1st will be given a dividend of $0.22 per share on Friday, March 10th. This represents a $0.88 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend is Monday, February 27th. This is a boost from Cathay General Bancorp's previous quarterly dividend of $0.21.
Where is Cathay General Bancorp's stock going? Where will Cathay General Bancorp's stock price be in 2017?
5 brokers have issued 1 year price targets for Cathay General Bancorp's stock. Their predictions range from $32.00 to $43.00. On average, they expect Cathay General Bancorp's stock price to reach $35.00 in the next year.
When will Cathay General Bancorp announce their earnings?
Cathay General Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.
Who owns Cathay General Bancorp stock?
Cathay General Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock, Inc (9.70%), FMR LLC (6.29%), Dimensional Fund Advisors LP (5.08%), State Street Corp (4.19%), Genovese Burford & Brothers Wealth & Retirement Plan Management LLC (0.93%) and Loomis Sayles & Co. L P (0.75%). Company insiders that own Cathay General Bancorp stock include Anthony M Tang, Dunson K Cheng, Heng W Chen, Irwin Wong, Kelly L Chan, Kim R Bingham, Peter Wu, Pin Tai and Ting Y Liu.
Who sold Cathay General Bancorp stock? Who is selling Cathay General Bancorp stock?
Cathay General Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, FMR LLC, Systematic Financial Management LP, Two Sigma Investments LP, Credit Agricole S A, Metropolitan Life Insurance Co. NY, Cantab Capital Partners LLP and Federated Investors Inc. PA. Company insiders that have sold Cathay General Bancorp stock in the last year include Anthony M Tang, Dunson K Cheng, Heng W Chen, Peter Wu and Ting Y Liu.
Who bought Cathay General Bancorp stock? Who is buying Cathay General Bancorp stock?
Cathay General Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, Dimensional Fund Advisors LP, State Street Corp, Comerica Bank, AQR Capital Management LLC, Trexquant Investment LP, Guggenheim Capital LLC and Teza Capital Management LLC.
How do I buy Cathay General Bancorp stock?
Shares of Cathay General Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Cathay General Bancorp stock cost?
One share of Cathay General Bancorp stock can currently be purchased for approximately $39.68.