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: $3.07239 billion
  • Outstanding Shares: 79,833,000
Average Prices:
  • 50 Day Moving Avg: $37.99
  • 200 Day Moving Avg: $37.77
  • 52 Week Range: $28.84 - $40.83
  • Trailing P/E Ratio: 15.55
  • Foreward P/E Ratio: 14.04
  • P/E Growth: 1.96
Sales & Book Value:
  • Annual Revenue: $475.33 million
  • Price / Sales: 6.35
  • Book Value: $23.76 per share
  • Price / Book: 1.59
  • Annual Dividend: $0.84
  • Dividend Yield: 2.2%
  • 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: 1.03%
  • Average Volume: 438,403 shs.
  • Beta: 1.28
  • Short Ratio: 3.09
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. Investors 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 2.22%. The ex-dividend date of this dividend 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 data on Wednesday, July, 19th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.03. The firm earned $123.50 million during the quarter, compared to analyst estimates 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 earnings per share. 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, October, 17th 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?

4 equities research analysts have issued 12-month target prices for Cathay General Bancorp's stock. Their forecasts range from $37.00 to $43.00. On average, they expect Cathay General Bancorp's share price to reach $40.25 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
  • 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 retail and institutional investors. Top institutional investors include GW&K Investment Management LLC (1.34%), Rothschild Asset Management Inc. (0.45%), Public Employees Retirement Association of Colorado (0.43%), Peregrine Capital Management LLC (0.35%), Boston Advisors LLC (0.18%) and Smith Graham & Co. Investment Advisors LP (0.15%). 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 GW&K Investment Management LLC, Bank of Montreal Can, CrestPoint Capital Management LLC, Boston Advisors LLC, Municipal Employees Retirement System of Michigan, Adams Diversified Equity Fund Inc., Nisa Investment Advisors LLC and Smith Graham & Co. Investment Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., ING Groep NV, Fox Run Management L.L.C., Aperio Group LLC, Pillar Pacific Capital Management LLC, First Citizens Bank & Trust Co., Peregrine Capital Management LLC and Oakbrook Investments 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 $37.78.

MarketBeat Community Rating for Cathay General Bancorp (NASDAQ CATY)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  110 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  269
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: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $40.25 (6.54% upside)

Analysts' Ratings History for Cathay General Bancorp (NASDAQ:CATY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
7/12/2017Piper Jaffray CompaniesReiterated RatingBuy$42.00LowView Rating Details
6/27/2017WedbushReiterated RatingNeutral$39.00LowView 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
(Data available from 7/28/2015 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
10/17/2017$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: $2.40
2018 EPS Consensus Estimate: $2.70
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.62$0.62$0.62
Q2 20172$0.53$0.60$0.57
Q3 20172$0.56$0.61$0.59
Q4 20172$0.62$0.63$0.63
Q1 20181$0.65$0.65$0.65
Q2 20181$0.67$0.67$0.67
Q3 20181$0.68$0.68$0.68
Q4 20181$0.70$0.70$0.70
(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:2.22%
Payout Ratio:34.57% (Trailing 12 Months of Earnings)
34.01% (Based on This Year's Estimates)
31.23% (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: 68.08%
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 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 logoCathay General Bancorp (NASDAQ:CATY) Upgraded at Zacks Investment Research - July 21 at 4:53 PM 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 logoEdited Transcript of CATY earnings conference call or presentation 19-Jul-17 10:00pm GMT - July 20 at 6:38 AM logoCathay General Bancorp Q2 Income Advances 48% - July 19 at 11:09 PM logoCathay General Bancorp's (CATY) CEO Pin Tai on Q2 2017 Results - Earnings Call Transcript - July 19 at 11:09 PM logoCathay General Bancorp (CATY) Releases Earnings Results, Beats Expectations By $0.02 EPS - July 19 at 9:16 PM logoInvestor Network: Cathay General Bancorp to Host Earnings Call - July 19 at 6:05 PM logoCathay General Bancorp Announces Second Quarter 2017 Results - July 19 at 6:05 PM logoCathay posts 2Q profit - July 19 at 6:05 PM logoFeatured Company News – Cathay General Bancorp Completes Acquisition of SinoPac Bancorp - July 18 at 6:29 PM logoCathay General Bancorp breached its 50 day moving average in a Bearish Manner : CATY-US : July 17, 2017 - July 17 at 5:23 PM logoContrasting Cathay General Bancorp (NASDAQ:CATY) and WSFS Financial Corporation (WSFS) - July 17 at 11:31 AM logoCathay General Bancorp (NASDAQ:CATY) Set to Announce Quarterly Earnings on Wednesday - July 17 at 7:47 AM logoCathay General Bancorp (NASDAQ:CATY) & Berkshire Hills Bancorp (BHLB) Head-To-Head Survey - July 16 at 10:34 AM logoCathay General Bancorp Completes SinoPac Bancorp Acquisition - July 14 at 6:56 PM logoIs It Wise to Consider Cathay General (CATY) a Great Value Stock? - July 12 at 5:32 PM logoCathay General Bancorp's (CATY) "Buy" Rating Reaffirmed at Piper Jaffray Companies - July 12 at 7:54 AM logoHead to Head Analysis: America First Multifamily Investors, L.P. (ATAX) & Cathay General Bancorp (NASDAQ:CATY) - July 10 at 8:14 PM logoCathay General Bancorp – Value Analysis (NASDAQ:CATY) : July 10, 2017 - July 10 at 4:53 PM logoCathay General Bancorp to Announce Second Quarter 2017 Financial Results - July 10 at 4:53 PM logoCathay General Bancorp breached its 50 day moving average in a Bearish Manner : CATY-US : July 7, 2017 - July 8 at 9:33 AM logoCathay General Bancorp (CATY) Upgraded by BidaskClub to Hold - July 3 at 3:22 PM logoFirst Bank (FRBA) & Cathay General Bancorp (CATY) Financial Comparison - June 30 at 6:30 PM logoCathay General Bancorp (NASDAQ:CATY) Expected to Post Quarterly Sales of $129.10 Million - June 30 at 3:36 PM logoWedbush Comments on Cathay General Bancorp's Q2 2017 Earnings (CATY) - June 30 at 8:06 AM logoCathay General Bancorp (CATY) Receives Consensus Rating of "Hold" from Analysts - June 27 at 7:02 PM logoCathay General Bancorp (CATY) Given Neutral Rating at Wedbush - June 27 at 5:18 PM 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



Cathay General Bancorp (CATY) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by Staff