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NASDAQ:CATY

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

Cathay General Bancorp logo
$62.58 +0.58 (+0.94%)
As of 04:00 PM Eastern

About Cathay General Bancorp Stock (NASDAQ:CATY)

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Key Stats

Today's Range
$62.08
$63.11
50-Day Range
$60.30
$64.93
52-Week Range
$44.57
$65.25
Volume
419,340 shs
Average Volume
461,601 shs
Market Capitalization
$4.17 billion
P/E Ratio
12.22
Dividend Yield
2.43%
Price Target
$62.25
Consensus Rating
Hold

Company Overview

Cathay General Bancorp 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.

AI Generated. May Contain Errors.

Cathay General Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
52nd Percentile Overall Score

CATY MarketRank™: 

Cathay General Bancorp scored higher than 52% of companies evaluated by MarketBeat, and ranked 594th out of 838 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Cathay General Bancorp's stock forecast and price target.
  • 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 12.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cathay General Bancorp is 12.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.10.

  • Price to Book Value per Share Ratio

    Cathay General Bancorp has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Cathay General Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    3.93% 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 7.39.
  • Change versus previous month

    Short interest in Cathay General Bancorp has recently increased by 10.14%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Cathay General Bancorp pays a meaningful dividend of 2.50%, 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.

  • Read more about Cathay General Bancorp's dividend.
  • News Sentiment

    Cathay General Bancorp has a news sentiment score of 0.89. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 11 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.
  • 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 $1,934,052.00 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.

  • Read more about Cathay General Bancorp's insider trading history.
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CATY Stock News Headlines

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See More Headlines

CATY Stock Analysis - Frequently Asked Questions

Cathay General Bancorp's stock was trading at $48.39 at the beginning of 2026. Since then, CATY stock has increased by 29.3% and is now trading at $62.56.

Cathay General Bancorp (NASDAQ:CATY) posted its quarterly earnings results on Wednesday, July, 22nd. The bank reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. The company's quarterly revenue was up 13.1% compared to the same quarter last year.
Read the conference call transcript
.

Cathay General Bancorp's board approved a stock buyback plan on Thursday, April 23rd 2026, which permits the company to buy back $150,000,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 4,164,630.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Top institutional investors of Cathay General Bancorp include BlackRock Inc. (14.55%), California State Teachers Retirement System (6.78%), Bank of New York Mellon Corp (0.98%) and William Blair Investment Management LLC (0.63%). Insiders that own company stock include Peter Wu, Anthony M Tang, Dunson K Cheng, Chang Liu, Kim R Bingham, Richard Sun, May K Chan and Thomas M Lo.
View institutional ownership trends
.

Shares of CATY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cathay General Bancorp investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Record date for 6/9 Dividend
5/28/2026
Ex-Dividend for 6/9 Dividend
5/28/2026
Dividend Payable
6/09/2026
Last Earnings
7/22/2026
Record date for 9/8 Dividend
8/28/2026
Ex-Dividend for 9/8 Dividend
8/28/2026
Today
9/03/2026
Dividend Payable
9/08/2026
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
Employees
1,268
Year Founded
1962

Price Target and Rating

High Price Target
$67.00
Low Price Target
$53.00
Potential Upside/Downside
-0.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
$5.12
Trailing P/E Ratio
12.22
Forward P/E Ratio
11.42
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
3.01
Cash Flow
$5.27 per share
Price / Cash Flow
11.88
Book Value
$45.67 per share
Price / Book
1.37

Miscellaneous

Outstanding Shares
66,710,000
Free Float
63,692,000
Market Cap
$4.17 billion
Optionable
Optionable
Beta
0.85

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This page (NASDAQ:CATY) was last updated on 9/3/2026 by MarketBeat.com Staff.
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