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: $2.94666 billion
  • Outstanding Shares: 79,833,000
Average Prices:
  • 50 Day Moving Avg: $37.63
  • 200 Day Moving Avg: $37.80
  • 52 Week Range: $26.27 - $40.83
  • Trailing P/E Ratio: 16.59
  • Foreward P/E Ratio: 14.06
  • P/E Growth: 1.94
Sales & Book Value:
  • Annual Revenue: $467.81 million
  • Price / Sales: 6.31
  • Book Value: $23.28 per share
  • Price / Book: 1.59
  • Annual Dividend: $0.84
  • Dividend Yield: 2.3%
  • Net Margins: 32.94%
  • Return on Equity: 9.83%
  • Return on Assets: 1.26%
  • Debt-to-Equity Ratio: 0.25%
  • Current Ratio: 1.03%
  • Quick Ratio: 1.03%
  • Average Volume: 439,369 shs.
  • Beta: 1.25
  • Short Ratio: 5.12

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 declared a quarterly dividend on Thursday, May 18th. Stockholders of record on Thursday, June 1st will be given a dividend of $0.21 per share on Monday, June 12th. This represents a $0.84 annualized dividend and a dividend yield of 2.27%. The ex-dividend date is Tuesday, May 30th. View Cathay General Bancorp's Dividend History.

How were Cathay General Bancorp's earnings last quarter?

Cathay General Bancorp (NASDAQ:CATY) posted its quarterly earnings results on Wednesday, April, 19th. The company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.01. The firm earned $118.83 million during the quarter, compared to analyst estimates of $119.30 million. Cathay General Bancorp had a net margin of 32.94% and a return on equity of 9.83%. During the same period in the previous year, the company earned $0.57 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 Tuesday, July, 18th 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?

3 analysts have issued twelve-month target prices for Cathay General Bancorp's stock. Their forecasts range from $32.00 to $42.00. On average, they expect Cathay General Bancorp's share price to reach $37.00 in the next twelve months. View Analyst Ratings for Cathay General Bancorp.

Are investors shorting Cathay General Bancorp?

Cathay General Bancorp saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 1,958,332 shares, an increase of 10.0% from the May 15th total of 1,780,127 shares. Based on an average daily trading volume, of 381,083 shares, the short-interest ratio is currently 5.1 days.

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
  • 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
  • Patrick S. D. Lee, Lead Independent Director of the Company and the Bank
  • Thomas C. T. Chiu M.D., Director of the Company and the Bank

Who owns Cathay General Bancorp stock?

Cathay General Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.97%), Vanguard Group Inc. (8.74%), FMR LLC (5.46%), Dimensional Fund Advisors LP (5.20%), State Street Corp (4.49%) and Bank of New York Mellon Corp (1.83%). 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 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 FMR LLC, Wells Fargo & Company MN, Rice Hall James & Associates LLC, Goldman Sachs Group Inc., Morgan Stanley, Thrivent Financial For Lutherans, Pioneer Investment Management Inc. and Credit Agricole S A. Company insiders that have sold Cathay General Bancorp stock in the last year include Anthony M Tang, Dunson K Cheng, Heng W Chen, Kim R Bingham, Patrick Lee, Peter Wu and Ting Y Liu. View Insider Buying and Selling 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 BlackRock Inc., Prudential Financial Inc., State Street Corp, Hillcrest Asset Management LLC, Ameriprise Financial Inc., Vanguard Group Inc., Principal Financial Group Inc. and Geode Capital Management LLC. 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 $36.99.

MarketBeat Community Rating for Cathay General Bancorp (NASDAQ CATY)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  145 (Vote Underperform)
Total Votes:  242
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: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $37.00 (0.03% upside)

Analysts' Ratings History for Cathay General Bancorp (NASDAQ:CATY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/22/2017Keefe, Bruyette & WoodsSet Price TargetHold$37.00LowView Rating Details
4/17/2017Piper Jaffray CompaniesLower Price TargetOverweight$43.00 -> $42.00MediumView Rating Details
7/6/2016BMO Capital MarketsReiterated RatingOutperform$33.00 -> $32.00N/AView Rating Details
4/21/2016DA DavidsonBoost Price TargetNeutral$30.00 -> $33.00N/AView Rating Details
4/15/2016Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
1/21/2016Royal Bank Of CanadaLower Price TargetOutperform$36.00 -> $33.00N/AView Rating Details
(Data available from 6/27/2015 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
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: $2.36
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.62$0.62$0.62
Q2 20171$0.53$0.53$0.53
Q3 20171$0.60$0.60$0.60
Q4 20171$0.61$0.61$0.61
(Data provided by Zacks Investment Research)


Current Dividend Information for Cathay General Bancorp (NASDAQ:CATY)
Most Recent Dividend:6/12/2017
Annual Dividend:$0.84
Dividend Yield:2.27%
Payout Ratio:37.67% (Trailing 12 Months of Earnings)
33.73% (Based on This Year's Estimates)
31.94% (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: 68.15%
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 Announces Extension of End Date for SinoPac Bancorp Acquisition - June 26 at 9:50 PM logoCathay General Bancorp breached its 50 day moving average in a Bearish Manner : CATY-US : June 22, 2017 - June 22 at 11:22 AM logoZacks Investment Research Downgrades Cathay General Bancorp (CATY) to Hold - June 20 at 6:38 PM logoHead to Head Survey: Meta Financial Group (CASH) and Cathay General Bancorp (CATY) - June 18 at 6:04 PM logoFinancial Comparison: BankUnited (BKU) vs. Cathay General Bancorp (CATY) - June 18 at 4:10 PM logoBidaskClub Upgrades Cathay General Bancorp (CATY) to Hold - June 18 at 12:38 PM logoSinopac sale of U.S. unit to Cathay General at risk as deadline approaches - June 17 at 4:22 PM logoSinopac sale of US unit to Cathay General at risk as deadline approaches - June 16 at 4:54 PM logoSinopac's U.S. unit sale may collapse if it doesn't provide more details: source - June 16 at 2:45 AM logoShort Interest in Cathay General Bancorp (CATY) Grows By 10.0% - June 13 at 7:45 AM logoCathay General Bancorp breached its 50 day moving average in a Bullish Manner : CATY-US : June 9, 2017 - June 9 at 4:46 PM logoInsider Selling: Cathay General Bancorp (CATY) Vice Chairman Sells 50,000 Shares of Stock - June 9 at 4:14 PM logoWhy Cathay General (CATY) Should be Added to Your Portfolio - June 7 at 4:27 PM logoETFs with exposure to Cathay General Bancorp : June 6, 2017 - June 6 at 3:29 PM logoCathay General Bancorp :CATY-US: Earnings Analysis: Q1, 2017 By the Numbers : June 5, 2017 - June 5 at 12:24 PM logoCathay General Bancorp (CATY) Lifted to "Buy" at Zacks Investment Research - June 1 at 6:48 PM logoCathay General Bancorp : CATY-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017 - May 31 at 4:12 PM logoKeefe, Bruyette & Woods Analysts Give Cathay General Bancorp (CATY) a $37.00 Price Target - May 23 at 8:04 PM logoCathay General Bancorp (CATY) Declares $0.21 Quarterly Dividend; 2.3% Yield - May 19 at 8:54 AM logoCathay General Bancorp (CATY) to Issue Quarterly Dividend of $0.21 - May 18 at 10:26 PM logoVeronica Tsang of Cathay Bank Receives 2017 Ellis Island Medal of Honor - May 18 at 4:06 PM logoCathay General Bancorp breached its 50 day moving average in a Bearish Manner : CATY-US : May 15, 2017 - May 15 at 11:28 AM logoCathay General Bancorp breached its 50 day moving average in a Bearish Manner : CATY-US : May 1, 2017 - May 1 at 4:08 PM logoCathay General Bancorp (CATY) Earns Daily Media Sentiment Rating of 0.22 - April 29 at 12:00 AM logoCathay Bank Announces the Appointment of Mr. Dale Wilson as Senior Vice President and Manager, Oil and Gas Group - April 27 at 4:34 PM logoSomewhat Favorable News Coverage Somewhat Unlikely to Impact Cathay General Bancorp (CATY) Share Price - April 25 at 3:56 PM logoCathay General Bancorp (CATY) Downgraded to Hold at Zacks Investment Research - April 24 at 6:10 PM logoEquities Analysts Set Expectations for Cathay General Bancorp's Q2 2017 Earnings (CATY) - April 24 at 8:16 AM logoCathay General Bancorp (CATY) Upgraded by Zacks Investment Research to "Buy" - April 21 at 7:04 PM logoCathay General Bancorp breached its 50 day moving average in a Bullish Manner : CATY-US : April 21, 2017 - April 21 at 4:15 PM logoSomewhat Favorable Press Coverage Very Likely to Affect Cathay General Bancorp (CATY) Stock Price - April 21 at 2:03 PM logoDA Davidson Weighs in on Cathay General Bancorp's Q3 2017 Earnings (CATY) - April 21 at 12:10 PM logoCathay General Bancorp Announces First Quarter 2017 Results - April 20 at 11:02 AM logoEdited Transcript of CATY earnings conference call or presentation 19-Apr-17 10:00pm GMT - April 20 at 11:02 AM logoCathay General Bancorp's (CATY) CEO Pin Tai on Q1 2017 Results - Earnings Call Transcript - April 19 at 11:06 PM logoCathay General Bancorp (CATY) Issues Earnings Results, Beats Expectations By $0.01 EPS - April 19 at 9:05 PM logoCathay General Bancorp (CATY) - April 19 at 6:04 PM logoCathay General Bancorp Bottom Line Climbs 6% In Q1 - April 19 at 6:04 PM logoCathay posts 1Q profit - April 19 at 5:14 PM logoFavorable Press Coverage Somewhat Likely to Affect Cathay General Bancorp (CATY) Stock Price - April 18 at 1:37 PM logoPiper Jaffray Companies Reaffirms "Overweight" Rating for Cathay General Bancorp (CATY) - April 17 at 11:48 AM logoCathay General Bancorp (CATY) to Release Quarterly Earnings on Wednesday - April 17 at 7:35 AM logoCathay General Bancorp (CATY) Getting Somewhat Favorable Press Coverage, AlphaOne Reports - April 14 at 9:14 AM logoCathay Bank Announces the Appointment of Ms. Jasmyne Shoemaker as Vice President, Relationship Manager, Nevada Commercial Real Estate Lending Group - April 11 at 4:13 PM logoCathay General Bancorp to Announce First Quarter 2017 Financial Results - April 7 at 8:49 AM logoCathay General Bancorp (CATY) Given a $36.00 Price Target by Keefe, Bruyette & Woods Analysts - April 3 at 6:22 PM logoCathay Bank Announces the Appointment of Mr. Alan Wright as Senior Vice President - March 27 at 4:08 PM logo[$$] Fed Approves California Bank Merger - March 21 at 9:30 AM logoFed approves Cathay General Bank buyout of SinoPac Bancorp - March 20 at 6:46 PM logo[$$] Fed Approves​California Bank Merger - March 20 at 6:46 PM



Cathay General Bancorp (CATY) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by Staff