
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for automobile, household, and other consumer expenditures. In addition, the company offers letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, trade financing, and other customary bank services, as well as securities and insurance products. As of February 28, 2018, it operated 41 branches in California; 12 branches in New York State; 3 branches in the Chicago, Illinois area; 3 branches in Washington State; 2 branches in Texas; and 1 each branch in Maryland, Massachusetts, Nevada, New Jersey, and Hong Kong, as well as 1 representative office in Taipei and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:CATY
CUSIP14915010
Phone213-625-4700
Debt
Debt-to-Equity Ratio0.27%
Current Ratio1.04%
Quick Ratio1.04%
Price-To-Earnings
Trailing P/E Ratio16.30
Forward P/E Ratio12.60
P/E Growth1.55
Sales & Book Value
Annual Sales$612.45 million
Price / Sales5.40
Cash Flow$2.6865 per share
Price / Cash15.15
Book Value$24.42 per share
Price / Book1.67
Profitability
EPS (Most Recent Fiscal Year)$2.46
Net Income$176.04 million
Net Margins29.83%
Return on Equity11.02%
Return on Assets1.40%
Miscellaneous
Employees1,271
Outstanding Shares81,210,000