Cathay General Bancorp Company Profile (NASDAQ:CATY)

About Cathay General Bancorp (NASDAQ:CATY)

Cathay General Bancorp logoCathay General Bancorp is a bank holding company. The Company holds Cathay Bank, a California state-chartered commercial bank (the Bank); seven limited partnerships investing in affordable housing investments; GBC Venture Capital, Inc., and Asia Realty Corp. The Company also owns the common stock of 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, college certificates of deposit and public funds deposits.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail & Mortgage Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:CATY
  • CUSIP: 14915010
  • Web:
  • Market Cap: $3.25 billion
  • Outstanding Shares: 80,788,000
Average Prices:
  • 50 Day Moving Avg: $37.91
  • 200 Day Moving Avg: $37.49
  • 52 Week Range: $28.84 - $41.11
  • Trailing P/E Ratio: 16.55
  • Foreward P/E Ratio: 15.12
  • P/E Growth: 2.08
Sales & Book Value:
  • Annual Revenue: $475.33 million
  • Price / Sales: 6.84
  • Book Value: $23.76 per share
  • Price / Book: 1.69
  • Annual Dividend: $0.84
  • Dividend Yield: 2.1%
  • Net Margins: 35.30%
  • Return on Equity: 10.54%
  • Return on Assets: 1.36%
  • Debt-to-Equity Ratio: 0.32%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.04%
  • Average Volume: 361,373 shs.
  • Beta: 1.3
  • Short Ratio: 3.47

Frequently Asked Questions for Cathay General Bancorp (NASDAQ:CATY)

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, August 17th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.21 per share on Monday, September 11th. This represents a $0.84 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date is Wednesday, August 30th. View Cathay General Bancorp's Dividend History.

How were Cathay General Bancorp's earnings last quarter?

Cathay General Bancorp (NASDAQ:CATY) issued its quarterly earnings results on Wednesday, July, 19th. The company reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.03. The company had revenue of $123.50 million for the quarter, compared to the consensus estimate of $129.10 million. Cathay General Bancorp had a return on equity of 10.54% and a net margin of 35.30%. During the same quarter in the prior year, the company earned $0.44 EPS. View Cathay General Bancorp's Earnings History.

When will Cathay General Bancorp make its next earnings announcement?

Cathay General Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Cathay General Bancorp.

Where is Cathay General Bancorp's stock going? Where will Cathay General Bancorp's stock price be in 2017?

6 brokerages have issued 12-month price objectives for Cathay General Bancorp's stock. Their predictions range from $37.00 to $44.00. On average, they expect Cathay General Bancorp's share price to reach $40.83 in the next year. View Analyst Ratings for Cathay General Bancorp.

Who are some of Cathay General Bancorp's key competitors?

Who are Cathay General Bancorp's key executives?

Cathay General Bancorp's management team includes the folowing people:

  • Dunson K. Cheng Ph.D., Executive Chairman of the Board of the Company and the Bank
  • Pin Tai, President, Chief Executive Officer, Director
  • Anthony M. Tang, Vice Chairman of the Board of the Company and the Bank
  • Peter Wu Ph.D., Vice Chairman of the Board of the Company and the Bank
  • Heng W. Chen, Chief Financial Officer, Executive Vice President, Treasurer of the Company and Executive Vice President, Chief Financial Officer of the Bank
  • Donald S. Chow, Executive Vice President, Chief Credit Officer of the Bank
  • Irwin Wong, Senior Executive Vice President, Chief Operating Officer of the Bank
  • Kim R. Bingham, Executive Vice President, Chief Risk Officer of the Bank
  • Thomas C. T. Chiu M.D., Director of the Company and the Bank
  • Kelly L. Chan, Independent Director of the Company and the Bank

Who owns Cathay General Bancorp stock?

Cathay General Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Lenox Wealth Advisors Inc. (0.04%). Company insiders that own Cathay General Bancorp stock include Anthony M Tang, Dunson K Cheng, Heng W Chen, Kelly L Chan, Kim R Bingham, Patrick Lee, Peter Wu, Pin Tai and Ting Y Liu. View Institutional Ownership Trends for Cathay General Bancorp.

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 Lenox Wealth Advisors Inc.. View Insider Buying and Selling for Cathay General Bancorp.

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.

What is Cathay General Bancorp's stock price today?

One share of Cathay General Bancorp stock can currently be purchased for approximately $40.22.

MarketBeat Community Rating for Cathay General Bancorp (NASDAQ CATY)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  326
MarketBeat's community ratings are surveys of what our community members think about Cathay General Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cathay General Bancorp (NASDAQ:CATY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $40.83 (1.52% upside)
Consensus Price Target History for Cathay General Bancorp (NASDAQ:CATY)
Price Target History for Cathay General Bancorp (NASDAQ:CATY)
Analysts' Ratings History for Cathay General Bancorp (NASDAQ:CATY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00N/AView Rating Details
10/5/2017BMO Capital MarketsReiterated RatingBuy$44.00N/AView Rating Details
8/18/2017SunTrust Banks, Inc.Initiated CoverageHold$39.00LowView Rating Details
7/25/2017Keefe, Bruyette & WoodsReiterated RatingHold$37.00LowView Rating Details
7/20/2017Royal Bank Of CanadaBoost Price TargetOutperform -> Outperform$35.00 -> $43.00HighView Rating Details
6/27/2017WedbushReiterated RatingNeutral$39.00LowView Rating Details
4/21/2016DA DavidsonBoost Price TargetNeutral$30.00 -> $33.00N/AView Rating Details
4/15/2016Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for Cathay General Bancorp (NASDAQ:CATY)
Earnings by Quarter for Cathay General Bancorp (NASDAQ:CATY)
Earnings History by Quarter for Cathay General Bancorp (NASDAQ CATY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.60N/AView Earnings Details
10/17/2017$0.58N/AView Earnings Details
7/19/2017Q2 2017$0.61$0.64$129.10 million$123.50 millionViewN/AView Earnings Details
4/19/2017Q1 2017$0.60$0.61$119.30 million$118.83 millionViewN/AView Earnings Details
1/25/2017Q4 2016$0.60$0.60$114.49 million$117.86 millionViewN/AView Earnings Details
10/19/2016Q3$0.59$0.58$111.70 million$112.64 millionViewListenView Earnings Details
7/20/2016Q216$0.44$0.44$111.80 million$110.83 millionViewListenView Earnings Details
4/20/2016Q116$0.52$0.57$109.84 million$109.91 millionViewListenView Earnings Details
1/20/2016Q4$0.51$0.51$109.30 million$108.77 millionViewListenView Earnings Details
10/20/2015Q315$0.46$0.47$108.20 million$106.80 millionViewListenView Earnings Details
7/21/2015Q215$0.49$0.56$99.10 million$100.37 millionViewListenView Earnings Details
4/22/2015Q115$0.43$0.45$95.50 million$96.48 millionViewN/AView Earnings Details
1/21/2015Q414$0.44$0.44$97.63 million$95.72 millionViewN/AView Earnings Details
10/21/2014Q314$0.45$0.45$97.80 million$100.80 millionViewListenView Earnings Details
7/22/2014Q214$0.41$0.44$95.17 million$94.64 millionViewN/AView Earnings Details
4/16/2014Q114$0.39$0.39$93.47 million$97.22 millionViewN/AView Earnings Details
1/23/2014Q413$0.40$0.40$92.25 millionViewListenView Earnings Details
10/21/2013Q313$0.36$0.38$94.44 millionViewN/AView Earnings Details
7/17/2013Q2 2013$0.35$0.35$93.19 millionViewN/AView Earnings Details
4/16/2013Q1 2013$0.31$0.30$91.11 millionViewN/AView Earnings Details
1/23/2013Q4 2012$0.33$0.31$90.51 millionViewN/AView Earnings Details
10/16/2012$0.33$0.33ViewN/AView Earnings Details
7/17/2012$0.31$0.33ViewN/AView Earnings Details
4/17/2012$0.29$0.32ViewN/AView Earnings Details
1/23/2012$0.28$0.30ViewN/AView Earnings Details
10/19/2011$0.28$0.28ViewN/AView Earnings Details
7/20/2011$0.25$0.26ViewN/AView Earnings Details
4/20/2011$0.18$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Cathay General Bancorp (NASDAQ:CATY)
2017 EPS Consensus Estimate: $2.39
2018 EPS Consensus Estimate: $2.67
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.62$0.62$0.62
Q2 20172$0.53$0.60$0.57
Q3 20173$0.56$0.61$0.59
Q4 20173$0.59$0.63$0.61
Q1 20182$0.63$0.65$0.64
Q2 20182$0.65$0.67$0.66
Q3 20182$0.68$0.68$0.68
Q4 20182$0.68$0.70$0.69
(Data provided by Zacks Investment Research)


Current Dividend Information for Cathay General Bancorp (NASDAQ:CATY)
Most Recent Dividend:9/11/2017
Annual Dividend:$0.84
Dividend Yield:2.09%
Payout Ratio:34.57% (Trailing 12 Months of Earnings)
34.29% (Based on This Year's Estimates)
31.58% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cathay General Bancorp (NASDAQ:CATY)

Dividend History by Quarter for Cathay General Bancorp (NASDAQ CATY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cathay General Bancorp (NASDAQ:CATY)
Insider Ownership Percentage: 5.76%
Institutional Ownership Percentage: 67.82%
Insider Trades by Quarter for Cathay General Bancorp (NASDAQ:CATY)
Institutional Ownership by Quarter for Cathay General Bancorp (NASDAQ:CATY)
Insider Trades by Quarter for Cathay General Bancorp (NASDAQ:CATY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2017Anthony M TangVice ChairmanSell50,000$38.01$1,900,500.00View SEC Filing  
3/7/2017Dunson K ChengChairmanSell17,555$39.27$689,384.85View SEC Filing  
3/7/2017Patrick LeeDirectorSell3,500$39.17$137,095.00View SEC Filing  
3/6/2017Dunson K ChengChairmanSell20,000$39.25$785,000.00View SEC Filing  
3/3/2017Dunson K ChengInsiderSell61,417$40.26$2,472,648.42View SEC Filing  
2/27/2017Kim R BinghamEVPSell10,000$39.05$390,500.00View SEC Filing  
2/16/2017Dunson K ChengInsiderSell24,240$38.93$943,663.20View SEC Filing  
2/16/2017Ting Y LiuDirectorSell13,000$39.04$507,520.00View SEC Filing  
2/14/2017Anthony M TangVice ChairmanSell50,000$38.63$1,931,500.00View SEC Filing  
2/1/2017Peter WuVice ChairmanSell50,000$36.32$1,816,000.00View SEC Filing  
12/5/2016Anthony M TangVice ChairmanSell32,340$36.03$1,165,210.20View SEC Filing  
12/5/2016Dunson K ChengInsiderSell20,000$36.07$721,400.00View SEC Filing  
12/1/2016Dunson K ChengInsiderSell60,000$35.41$2,124,600.00View SEC Filing  
11/28/2016Dunson K ChengInsiderSell94,970$35.95$3,414,171.50View SEC Filing  
11/22/2016Dunson K ChengInsiderSell40,000$35.62$1,424,800.00View SEC Filing  
11/18/2016Dunson K ChengInsiderSell27,500$35.61$979,275.00View SEC Filing  
11/16/2016Heng W ChenCFOSell44,000$35.18$1,547,920.00View SEC Filing  
11/15/2016Heng W ChenCFOSell22,000$35.24$775,280.00View SEC Filing  
11/14/2016Heng W ChenCFOSell12,000$35.19$422,280.00View SEC Filing  
8/30/2016Peter WuVice ChairmanSell30,000$31.30$939,000.00View SEC Filing  
3/9/2016Anthony M TangVice ChairmanSell50,000$27.79$1,389,500.00View SEC Filing  
3/4/2016Kelly L ChanDirectorBuy2,000$8.73$17,460.00View SEC Filing  
2/16/2016Anthony M TangVice ChairmanSell100,000$27.55$2,755,000.00View SEC Filing  
11/24/2015Peter WuVice ChairmanSell42,230$34.32$1,449,333.60View SEC Filing  
11/18/2015Pin TaiinsiderSell25,000$34.00$850,000.00View SEC Filing  
10/28/2015Anthony M TangVice ChairmanSell129,688$31.56$4,092,953.28View SEC Filing  
6/5/2015Kim R BinghamEVPSell35,000$31.73$1,110,550.00View SEC Filing  
6/3/2015Irwin WongCOOSell20,000$31.00$620,000.00View SEC Filing  
3/3/2015Peter WuVice ChairmanSell6,500$26.12$169,780.00View SEC Filing  
11/20/2014Anthony M TangChairmanSell178,909$25.60$4,580,070.40View SEC Filing  
10/31/2014Anthony M TangChairmanSell400,000$25.82$10,328,000.00View SEC Filing  
12/17/2013Perry OeiGeneral CounselSell1,400$25.54$35,756.00View SEC Filing  
12/17/2013Peter WuCOOSell3,381$25.54$86,350.74View SEC Filing  
12/17/2013Pin TaiEVPSell1,831$25.54$46,763.74View SEC Filing  
11/19/2013Dunson ChengCEOSell30,400$25.45$773,680.00View SEC Filing  
11/8/2013Irwin WongEVPSell42,468$25.28$1,073,591.04View SEC Filing  
11/8/2013Perry OeiSVPSell10,000$25.29$252,900.00View SEC Filing  
10/30/2013Irwin WongEVPSell16,000$25.22$403,520.00View SEC Filing  
10/29/2013Irwin WongEVPSell73,712$25.26$1,861,965.12View SEC Filing  
10/28/2013Perry OeiSVPSell10,080$25.59$257,947.20View SEC Filing  
10/28/2013Pin TaiEVPSell16,180$25.70$415,826.00View SEC Filing  
10/25/2013Ting Y LiuDirectorSell5,000$25.48$127,400.00View SEC Filing  
3/25/2013Dunson K ChengCEOSell4,637$20.18$93,574.66View SEC Filing  
3/25/2013Kim R BinghamEVPSell1,516$20.18$30,592.88View SEC Filing  
3/25/2013Peter WuCOOSell2,308$20.18$46,575.44View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Cathay General Bancorp (NASDAQ:CATY)
Latest Headlines for Cathay General Bancorp (NASDAQ:CATY)
DateHeadline logoCathay General Bancorp (Nasdaq: CATY) to Ring The Nasdaq Stock Market Opening Bell - October 17 at 10:48 PM logoCathay General: Premium To Peers Is Deserved - October 17 at 3:50 AM logoCathay General Bancorp (CATY) Lowered to Hold at Zacks Investment Research - October 12 at 5:46 PM logoCathay General Bancorp (CATY) Upgraded to "Buy" at Zacks Investment Research - October 11 at 5:56 PM logoCathay General Bancorp (CATY) Scheduled to Post Quarterly Earnings on Tuesday - October 10 at 1:32 AM logoZacks: Brokerages Anticipate Cathay General Bancorp (CATY) Will Announce Quarterly Sales of $137.70 Million - October 8 at 11:52 AM logoCathay General Bancorp (CATY) Earns "Buy" Rating from BMO Capital Markets - October 8 at 6:34 AM logoCathay General Bancorp (CATY) Receives Average Rating of "Hold" from Analysts - October 7 at 7:14 PM logoPiper Jaffray Companies Reiterates "Buy" Rating for Cathay General Bancorp (CATY) - October 6 at 9:44 PM logoZacks: Analysts Anticipate Cathay General Bancorp (CATY) to Post $0.60 Earnings Per Share - October 6 at 2:04 AM logoCathay General Bancorp Earns Relative Strength Rating Upgrade - October 3 at 4:50 PM logoFinancial Analysis: Cathay General Bancorp (CATY) versus The Competition - September 30 at 8:18 PM logoHead-To-Head Review: Cathay General Bancorp (CATY) versus The Competition - September 29 at 10:02 AM logoInteresting CATY Put And Call Options For May 2018 - September 28 at 6:24 PM logoCathay General: Premium To Peers Is Deserved - Seeking Alpha - Seeking Alpha - September 28 at 1:22 PM logoHead-To-Head Review: Ocwen Financial Corporation (OCN) & Cathay General Bancorp (CATY) - September 27 at 10:12 AM logoComparing Cathay General Bancorp (CATY) and The Competition - September 27 at 8:34 AM logoCathay General Bancorp (CATY) vs. The Competition Head-To-Head Survey - September 26 at 4:28 PM logoCathay General Bancorp : CATY-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017 - September 22 at 3:57 PM logoReviewing Cathay General Bancorp (CATY) and Its Rivals - September 21 at 2:14 AM logo$137.70 Million in Sales Expected for Cathay General Bancorp (CATY) This Quarter - September 19 at 9:18 AM logoContrasting Cathay General Bancorp (CATY) & PennyMac Financial Services (PFSI) - September 17 at 4:26 AM logoCathay General Bancorp breached its 50 day moving average in a Bullish Manner : CATY-US : September 14, 2017 - September 14 at 5:38 PM logoETFs with exposure to Cathay General Bancorp : September 13, 2017 - September 13 at 6:10 PM logoCathay General Bancorp (CATY) Receives Consensus Recommendation of "Hold" from Brokerages - September 12 at 6:46 PM logoCathay General Bancorp :CATY-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017 - September 12 at 5:33 PM logoIs It The Right Time To Buy Cathay General Bancorp (CATY)? - September 8 at 5:23 PM logoContrasting People's United Financial (PBCT) and Cathay General Bancorp (CATY) - September 7 at 2:20 PM logoCathay General Bancorp's (CATY) Buy Rating Reiterated at Piper Jaffray Companies - September 4 at 10:02 PM logo$0.60 Earnings Per Share Expected for Cathay General Bancorp (CATY) This Quarter - August 29 at 8:30 PM logoEx-Dividend Reminder: Northern Trust, Washington Prime Group and Cathay General Bancorp - August 28 at 9:53 PM logoAnalysts Set Expectations for Cathay General Bancorp's Q3 2017 Earnings (CATY) - August 21 at 3:40 AM logoCathay General Bancorp (CATY) Coverage Initiated by Analysts at SunTrust Banks, Inc. - August 19 at 11:32 PM logoCathay General Bancorp (CATY) Declares $0.21 Quarterly Dividend; 2.4% Yield - August 18 at 10:08 PM logoCathay General Bancorp (CATY) Given Average Recommendation of "Hold" by Analysts - August 18 at 6:32 PM logoCathay General Bancorp (CATY) Announces Quarterly Dividend of $0.21 - August 17 at 10:56 PM logoHead-To-Head Review: Cathay General Bancorp (CATY) & Berkshire Hills Bancorp (BHLB) - August 13 at 6:08 AM logo$0.59 EPS Expected for Cathay General Bancorp (NASDAQ:CATY) This Quarter - August 11 at 5:10 PM logoSee what the IHS Markit Score report has to say about Cathay General Bancorp. - August 10 at 3:12 AM logoCathay General Bancorp breached its 50 day moving average in a Bearish Manner : CATY-US : July 31, 2017 - July 31 at 4:56 PM logo Analysts Anticipate Cathay General Bancorp (NASDAQ:CATY) Will Post Quarterly Sales of $138.05 Million - July 26 at 2:03 PM logoKeefe, Bruyette & Woods Reaffirms "Hold" Rating for Cathay General Bancorp (NASDAQ:CATY) - July 25 at 5:45 PM logoEarnings Review and Free Research Report: Cathay General Q2 Net Income Surged 47.6% Y-o-Y - July 25 at 4:50 PM logoCathay General Bancorp (CATY) Receives Average Recommendation of "Buy" from Analysts - July 24 at 6:50 PM logoEquities Analysts Offer Predictions for Cathay General Bancorp's Q1 2018 Earnings (CATY) - July 24 at 9:51 AM logo$0.60 Earnings Per Share Expected for Cathay General Bancorp (NASDAQ:CATY) This Quarter - July 24 at 8:52 AM logoDA Davidson Weighs in on Cathay General Bancorp's Q3 2017 Earnings (NASDAQ:CATY) - July 24 at 7:42 AM logoQ4 2017 EPS Estimates for Cathay General Bancorp (CATY) Raised by DA Davidson - July 21 at 1:18 PM logoQ3 2017 EPS Estimates for Cathay General Bancorp Raised by Wedbush (CATY) - July 21 at 9:44 AM logoCathay General Bancorp (CATY) PT Raised to $43.00 at Royal Bank Of Canada - July 20 at 8:45 AM



Cathay General Bancorp (CATY) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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