Cathay General Bancorp (CATY) Financials

$48.53 +0.64 (+1.34%)

Closing price 07/23/2025 04:00 PM Eastern

Extended Trading

$48.52 -0.01 (-0.02%)

As of 07/23/2025 04:10 PM Eastern

Annual Income Statements for Cathay General Bancorp

This table shows Cathay General Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	161	175	176	272	279	229	298	361	354	286
Consolidated Net Income / (Loss)	161	175	176	272	279	229	298	361	354	286
Net Income / (Loss) Continuing Operations	161	175	176	272	279	229	298	361	354	286
Total Pre-Tax Income	221	242	298	338	349	254	382	473	404	318
Total Revenue	412	451	532	598	620	595	652	791	810	730
Net Interest Income / (Expense)	380	418	496	566	575	552	598	734	742	674
Total Interest Income	454	499	576	688	769	701	667	851	1,242	1,335
Loans and Leases Interest Income	431	476	551	654	731	678	650	803	1,132	1,219
Investment Securities Interest Income	22	21	21	29	33	21	14	28	52	59
Deposits and Money Market Investments Interest Income	1.40	1.76	4.42	5.21	5.40	1.83	2.15	20	59	57
Total Interest Expense	74	81	80	122	194	148	69	118	500	661
Deposits Interest Expense	52	59	66	107	178	137	62	105	468	636
Short-Term Borrowings Interest Expense	-	0.00	0.00	0.19	0.40	0.23	0.00	0.86	3.87	2.24
Long-Term Debt Interest Expense	6.26	6.45	10	14	16	11	6.96	11	29	22
Total Non-Interest Income	33	33	36	32	45	43	55	57	68	56
Trust Fees by Commissions	5.55	4.94	4.86	5.61	6.41	6.74	7.10	6.35	6.72	7.75
Other Service Charges	30	18	19	23	28	20	27	27	22	24
Net Realized & Unrealized Capital Gains on Investments	-3.35	4.90	6.63	-2.43	5.95	0.55	-0.57	0.39	15	-6.41
Other Non-Interest Income	-	5.48	5.62	5.08	4.76	15	21	23	24	31
Provision for Credit Losses	-11	-16	-2.50	-4.50	-7.00	58	-16	15	26	38
Total Non-Interest Expense	203	225	236	264	277	283	287	303	380	375
Salaries and Employee Benefits	90	97	109	124	129	124	133	143	154	167
Net Occupancy & Equipment Expense	35	37	42	45	46	47	47	50	54	60
Marketing Expense	4.93	5.09	6.20	7.84	7.59	5.22	6.91	6.86	5.89	6.52
Property & Liability Insurance Claims	9.09	9.71	11	8.00	9.62	9.00	7.13	8.04	24	14
Other Operating Expenses	64	75	62	77	84	98	89	90	140	126
Amortization Expense	0.67	0.69	0.93	0.88	0.69	0.69	0.69	1.89	1.31	1.10
Restructuring Charge	0.00	0.00	4.12	2.11	0.00	0.00	1.43	4.13	0.67	0.00
Income Tax Expense	60	67	122	66	70	25	84	112	49	32
Basic Earnings per Share	$2.00	$2.21	$2.19	$3.35	$3.49	$2.88	$3.81	$4.85	$4.88	$3.97
Weighted Average Basic Shares Outstanding	80.56M	79.15M	80.26M	81.13M	80.00M	79.58M	78.27M	74.34M	72.57M	72.07M
Diluted Earnings per Share	$1.98	$2.19	$2.17	$3.33	$3.48	$2.87	$3.80	$4.83	$4.86	$3.95
Weighted Average Diluted Shares Outstanding	81.29M	79.93M	81.00M	81.61M	80.25M	79.78M	78.57M	74.66M	72.86M	72.33M
Weighted Average Basic & Diluted Shares Outstanding	80.60M	79.62M	80.40M	80.48M	79.65M	79.51M	75.29M	72.56M	72.67M	70.29M
Cash Dividends to Common per Share	$0.56	$0.75	$0.87	$1.03	$1.24	$1.24	$1.27	$1.36	$1.36	$1.36

This table shows Cathay General Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	99	98	96	93	82	83	71	67	68	80
Consolidated Net Income / (Loss)	99	98	96	93	82	83	71	67	68	80
Net Income / (Loss) Continuing Operations	99	98	96	93	82	83	71	67	68	80
Total Pre-Tax Income	130	131	115	103	93	93	80	73	78	87
Total Revenue	207	214	207	205	193	205	175	179	190	186
Net Interest Income / (Expense)	198	202	192	182	186	182	169	165	169	171
Total Interest Income	226	264	285	300	323	333	333	333	339	330
Loans and Leases Interest Income	212	244	261	274	293	303	303	304	311	301
Investment Securities Interest Income	7.48	10	12	12	13	15	15	16	15	14
Deposits and Money Market Investments Interest Income	6.73	9.95	12	14	17	16	15	13	14	15
Total Interest Expense	28	62	93	119	138	151	164	168	170	159
Deposits Interest Expense	24	57	88	111	128	141	152	163	166	156
Short-Term Borrowings Interest Expense	0.00	0.86	0.92	0.89	1.09	0.97	0.70	0.78	0.40	0.37
Long-Term Debt Interest Expense	4.40	3.71	4.04	7.05	8.51	9.05	11	4.18	4.24	2.96
Total Non-Interest Income	9.88	12	14	23	7.84	23	6.61	13	20	15
Trust Fees by Commissions	1.61	1.58	1.57	1.66	1.74	1.74	1.72	1.89	2.08	2.06
Other Service Charges	6.05	6.00	5.09	5.50	5.63	6.16	5.63	5.30	5.91	6.85
Net Realized & Unrealized Capital Gains on Investments	-3.66	-0.97	1.85	11	-6.22	8.95	-7.92	-1.43	4.25	-1.31
Other Non-Interest Income	5.87	5.47	5.73	5.28	6.69	6.24	7.19	7.46	8.12	7.87
Provision for Credit Losses	2.00	1.40	8.10	9.16	7.00	1.72	1.90	6.60	15	15
Total Non-Interest Expense	75	81	83	93	94	110	93	99	97	85
Salaries and Employee Benefits	35	35	38	37	39	40	44	40	41	43
Net Occupancy & Equipment Expense	13	13	14	13	14	14	15	15	15	15
Marketing Expense	2.01	2.17	0.77	2.42	1.59	1.11	1.91	1.47	1.61	1.52
Property & Liability Insurance Claims	2.00	2.04	3.16	3.01	3.06	14	6.09	3.74	3.25	1.20
Other Operating Expenses	23	28	27	15	13	85	26	15	12	72
Amortization Expense	0.25	1.17	0.25	22	23	-45	0.34	24	24	-47
Income Tax Expense	31	34	19	9.45	10	10	8.61	5.75	11	6.57
Basic Earnings per Share	$1.34	$1.32	$1.32	$1.29	$1.14	$1.13	$0.98	$0.92	$0.94	$1.13
Weighted Average Basic Shares Outstanding	73.96M	74.34M	72.53M	72.54M	72.57M	72.57M	72.67M	72.66M	71.79M	72.07M
Diluted Earnings per Share	$1.33	$1.33	$1.32	$1.28	$1.13	$1.13	$0.98	$0.92	$0.94	$1.11
Weighted Average Diluted Shares Outstanding	74.24M	74.66M	72.90M	72.75M	72.89M	72.86M	72.97M	72.83M	72.03M	72.33M
Weighted Average Basic & Diluted Shares Outstanding	74.41M	72.56M	72.54M	72.56M	72.65M	72.67M	72.81M	72.17M	71.20M	70.29M
Cash Dividends to Common per Share	$0.34	$0.34	$0.34	$0.34	$0.34	$0.34	$0.34	$0.34	$0.34	$0.34

This table details how cash moves in and out of Cathay General Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	3.30	468	-650	65	-6.51	827	1,029	-1,287	-334	211
Net Cash From Operating Activities	177	234	249	337	435	320	334	467	385	329
Net Cash From Continuing Operating Activities	177	234	249	337	435	320	334	467	385	329
Net Income / (Loss) Continuing Operations	161	175	176	272	279	229	298	361	354	286
Consolidated Net Income / (Loss)	161	175	176	272	279	229	298	361	354	286
Provision For Loan Losses	-11	-15	-1.81	-4.50	-6.32	58	-16	15	26	39
Depreciation Expense	7.57	7.49	7.27	7.31	6.76	7.66	7.96	9.96	8.37	7.18
Amortization Expense	30	35	7.52	44	52	76	53	54	75	57
Non-Cash Adjustments to Reconcile Net Income	-27	-15	2.20	16	73	1.69	16	7.50	2.33	14
Changes in Operating Assets and Liabilities, net	16	47	58	2.21	30	-52	-25	20	-81	-74
Net Cash From Investing Activities	-1,178	-853	-904	-1,134	-1,382	-242	-860	-1,849	-1,477	184
Net Cash From Continuing Investing Activities	-1,178	-853	-904	-1,134	-1,382	-242	-860	-1,849	-1,477	184
Purchase of Property, Leasehold Improvements and Equipment	-3.52	-3.52	-3.19	-6.67	-7.13	-5.78	-3.73	-3.39	-3.40	-3.64
Purchase of Investment Securities	-2,500	-2,078	-1,621	-1,695	-1,972	-1,097	-1,305	-2,075	-2,025	-1,440
Sale and/or Maturity of Investments	1,325	1,228	715	568	597	861	449	229	552	1,628
Net Cash From Financing Activities	1,004	1,087	4.83	863	940	750	1,554	95	759	-302
Net Cash From Continuing Financing Activities	1,004	1,087	4.83	863	940	750	1,554	95	759	-302
Net Change in Deposits	1,305	1,166	201	1,012	990	1,417	1,950	-129	820	361
Issuance of Debt	5,092	3,555	4,898	5,130	4,381	1,450	50	5,480	14,035	6,968
Issuance of Common Equity	4.18	2.28	2.53	2.82	3.37	9.78	3.56	3.72	3.49	2.93
Repayment of Debt	-5,242	-3,480	-4,773	-5,053	-4,296	-2,003	-180	-5,015	-13,980	-7,448
Repurchase of Common Equity	-59	-54	0.00	-43	-36	-24	-167	-141	-17	-85
Payment of Dividends	-45	-59	-70	-83	-99	-99	-99	-101	-99	-98
Other Financing Activities, Net	-51	-42	-254	-103	-2.31	-1.91	-2.63	-2.91	-4.49	-3.73
Cash Interest Paid	73	82	81	117	183	162	75	106	485	662
Cash Income Taxes Paid	69	39	77	66	62	45	93	97	70	56

This table details how cash moves in and out of Cathay General Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	109	-101	-29	349	-319	-334	347	-71	234	-299
Net Cash From Operating Activities	189	101	121	91	107	66	88	73	81	87
Net Cash From Continuing Operating Activities	189	101	121	91	107	66	88	73	81	87
Net Income / (Loss) Continuing Operations	99	98	96	93	82	83	71	67	68	80
Consolidated Net Income / (Loss)	99	98	96	93	82	83	71	67	68	80
Provision For Loan Losses	2.00	1.40	8.10	9.16	7.00	1.72	1.90	7.76	15	15
Depreciation Expense	2.27	3.11	2.05	2.35	2.00	1.97	1.89	1.81	1.77	1.72
Amortization Expense	15	17	17	22	23	13	8.06	22	20	6.88
Non-Cash Adjustments to Reconcile Net Income	5.50	2.75	-0.34	-8.38	8.21	2.84	11	1.05	-2.38	4.00
Changes in Operating Assets and Liabilities, net	65	-20	-1.33	-28	-15	-36	-6.40	-26	-20	-20
Net Cash From Investing Activities	-561	-201	-128	-618	-141	-590	37	82	145	-81
Net Cash From Continuing Investing Activities	-561	-201	-128	-618	-141	-590	37	82	145	-81
Purchase of Property, Leasehold Improvements and Equipment	-0.86	-0.30	-0.30	-0.67	-0.67	-1.77	-0.92	-0.53	-1.21	-0.98
Purchase of Investment Securities	-610	-284	-233	-692	-394	-706	-477	-127	-403	-433
Sale and/or Maturity of Investments	50	83	105	75	253	118	515	210	549	353
Net Cash From Financing Activities	482	-0.99	-22	876	-285	190	222	-226	7.05	-305
Net Cash From Continuing Financing Activities	482	-0.99	-22	876	-285	190	222	-226	7.05	-305
Net Change in Deposits	288	-70	144	448	539	-310	521	-73	171	-258
Issuance of Common Equity	0.92	0.93	0.92	0.92	0.87	0.79	0.74	0.74	0.73	0.72
Repurchase of Common Equity	-46	-32	-17	0.04	0.01	0.02	0.01	-25	-35	-24
Payment of Dividends	-25	-25	-25	-25	-25	-25	-25	-25	-24	-24
Other Financing Activities, Net	-0.85	-0.04	-0.01	-3.51	-0.01	-0.95	-0.02	-3.68	-0.01	-0.00
Cash Interest Paid	25	53	87	117	133	148	155	168	171	168
Cash Income Taxes Paid	20	37	0.00	49	12	10	0.28	33	8.16	15

This table presents Cathay General Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	13,254	14,521	15,640	16,785	18,094	19,043	20,887	21,948	23,082	23,055
Cash and Due from Banks	180	218	247	225	177	139	134	195	174	157
Interest Bearing Deposits at Other Banks	537	967	293	375	417	1,282	-	967	655	882
Trading Account Securities	1,593	1,322	1,370	1,268	1,480	1,060	1,127	1,496	1,645	1,582
Loans and Leases, Net of Allowance	10,016	11,077	12,744	13,872	14,952	15,475	-136	18,101	19,383	19,204
Loans and Leases	10,155	11,196	12,867	13,994	15,075	15,642	-	18,247	19,537	19,365
Allowance for Loan and Lease Losses	139	119	123	122	123	167	136	146	155	162
Customer and Other Receivables	40	12	13	23	11	14	8.11	2.37	3.26	14
Premises and Equipment, Net	109	106	103	103	104	103	99	95	91	89
Goodwill	372	372	372	372	372	372	372	376	376	376
Intangible Assets	3.68	2.95	8.06	7.19	6.30	5.43	4.63	5.76	4.46	3.34
Other Assets	403	444	518	540	575	592	302	711	750	748
Total Liabilities & Shareholders' Equity	13,254	14,521	15,640	16,785	18,094	19,043	2,446	21,948	23,082	23,055
Total Liabilities	11,506	12,692	13,667	14,663	15,800	16,625	0.00	19,474	20,345	20,209
Non-Interest Bearing Deposits	2,033	2,478	2,783	2,857	2,871	3,365	-	4,169	3,529	3,284
Interest Bearing Deposits	8,476	9,197	9,907	10,845	11,821	12,744	-	14,336	15,796	16,402
Bankers Acceptance Outstanding	40	12	13	23	11	14	-	2.37	3.26	14
Long-Term Debt	413	487	642	737	818	293	-	627	675	197
Other Long-Term Liabilities	144	169	222	201	253	209	-	340	341	312
Commitments & Contingencies	-	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,748	1,829	1,973	2,122	2,294	2,418	2,446	2,474	2,737	2,846
Total Preferred & Common Equity	1,748	1,829	1,973	2,122	2,294	2,418	2,446	2,474	2,737	2,846
Total Common Equity	1,748	1,829	1,973	2,122	2,294	2,418	2,446	2,474	2,737	2,846
Common Stock	882	896	934	943	951	966	973	982	989	995
Retained Earnings	1,060	1,175	1,282	1,479	1,659	1,789	1,985	2,245	2,500	2,688
Treasury Stock	-185	-240	-240	-282	-319	-342	-509	-651	-667	-752
Accumulated Other Comprehensive Income / (Loss)	-8.43	-3.72	-2.51	-18	2.30	5.31	-3.07	-102	-85	-86

This table presents Cathay General Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	21,890	22,032	23,028	22,845	23,405	23,235	23,274
Cash and Due from Banks	200	252	188	146	165	160	183
Interest Bearing Deposits at Other Banks	1,063	-	1,294	1,017	1,011	945	1,156
Trading Account Securities	1,438	1,568	1,525	1,540	1,685	1,680	1,549
Loans and Leases, Net of Allowance	17,951	-145	18,788	18,860	19,263	19,193	19,210
Loans and Leases	18,100	-	18,943	19,014	19,418	19,347	19,374
Allowance for Loan and Lease Losses	149	145	155	155	155	153	164
Customer and Other Receivables	6.90	6.55	4.36	17	17	16	12
Premises and Equipment, Net	96	93	92	91	90	89	89
Goodwill	376	376	376	376	376	376	376
Intangible Assets	6.95	5.56	4.99	4.73	4.13	3.86	3.59
Other Assets	752	366	756	793	771	771	696
Total Liabilities & Shareholders' Equity	21,890	22,032	23,028	22,845	23,405	23,235	23,274
Total Liabilities	19,471	0.00	20,426	20,206	20,627	20,442	20,444
Non-Interest Bearing Deposits	4,398	-	3,561	3,623	3,290	3,162	3,254
Interest Bearing Deposits	14,178	-	15,536	16,012	16,557	16,611	16,690
Bankers Acceptance Outstanding	6.90	-	4.36	17	17	16	12
Long-Term Debt	502	-	957	157	402	302	197
Other Long-Term Liabilities	386	-	368	397	362	351	291
Commitments & Contingencies	0.00	-	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,420	2,542	2,603	2,639	2,778	2,793	2,830
Total Preferred & Common Equity	2,420	2,542	2,603	2,639	2,778	2,793	2,830
Total Common Equity	2,420	2,542	2,603	2,639	2,778	2,793	2,830
Common Stock	979	984	984	987	990	990	992
Retained Earnings	2,172	2,316	2,385	2,443	2,547	2,589	2,632
Treasury Stock	-619	-667	-667	-667	-667	-693	-728
Accumulated Other Comprehensive Income / (Loss)	-113	-91	-99	-124	-92	-93	-66

This table displays calculated financial ratios and metrics derived from Cathay General Bancorp's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.59%	9.41%	17.90%	12.33%	3.69%	-3.99%	9.65%	21.18%	2.47%	-9.92%
EBITDA Growth	12.09%	10.08%	9.87%	24.21%	4.97%	-17.39%	31.40%	21.16%	-9.25%	-21.67%
EBIT Growth	0.59%	9.55%	23.17%	13.20%	3.46%	-27.31%	50.35%	23.75%	-14.59%	-21.32%
NOPAT Growth	16.89%	8.68%	0.54%	54.44%	2.67%	-18.01%	30.34%	20.90%	-1.81%	-19.24%
Net Income Growth	16.89%	8.68%	0.54%	54.44%	2.67%	-18.01%	30.34%	20.90%	-1.81%	-19.24%
EPS Growth	15.12%	10.61%	-0.91%	53.46%	4.50%	-17.53%	32.40%	27.11%	0.62%	-18.72%
Operating Cash Flow Growth	17.74%	32.66%	6.17%	35.22%	29.25%	-26.44%	4.49%	39.79%	-17.68%	-14.45%
Free Cash Flow Firm Growth	-50.69%	-67.70%	79.96%	1.37%	-100.29%	174,102.65%	-2,825.26%	201.51%	-99.76%	1,408.91%
Invested Capital Growth	-2.16%	4.09%	1.86%	5.29%	9.78%	-13.61%	670.45%	-85.15%	10.02%	-10.81%
Revenue Q/Q Growth	3.27%	2.06%	4.97%	2.26%	-1.02%	0.24%	3.82%	5.14%	-1.06%	-2.51%
EBITDA Q/Q Growth	4.08%	-0.27%	4.43%	10.66%	-4.18%	0.36%	3.03%	6.94%	-6.33%	-5.59%
EBIT Q/Q Growth	0.74%	2.60%	4.29%	1.56%	0.53%	-0.95%	4.76%	7.44%	-8.66%	-1.93%
NOPAT Q/Q Growth	3.78%	3.90%	-11.14%	16.60%	0.99%	1.56%	1.51%	6.58%	-4.08%	-0.81%
Net Income Q/Q Growth	3.78%	3.90%	-11.14%	16.60%	0.99%	1.56%	1.51%	6.58%	-4.08%	-0.81%
EPS Q/Q Growth	3.13%	4.78%	-11.79%	17.25%	1.16%	1.77%	2.43%	7.81%	-3.95%	-0.50%
Operating Cash Flow Q/Q Growth	3.91%	5.00%	32.80%	-7.70%	3.33%	-7.08%	3.06%	1.00%	-8.47%	6.82%
Free Cash Flow Firm Q/Q Growth	-65.12%	115.05%	-66.55%	-67.15%	99.68%	27.44%	-4,398.53%	42,454.67%	-91.24%	1,062.86%
Invested Capital Q/Q Growth	9.19%	-10.57%	-3.05%	8.15%	3.33%	-1.33%	695.50%	6.14%	22.05%	0.51%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	62.77%	63.15%	58.85%	65.07%	65.88%	56.68%	67.92%	67.91%	60.14%	52.30%
EBIT Margin	53.61%	53.67%	56.07%	56.51%	56.38%	42.69%	58.53%	59.78%	49.82%	43.52%
Profit (Net Income) Margin	39.06%	38.80%	33.09%	45.50%	45.05%	38.47%	45.73%	45.62%	43.72%	39.19%
Tax Burden Percent	72.87%	72.30%	59.01%	80.51%	79.90%	90.11%	78.12%	76.32%	87.75%	90.06%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	27.13%	27.70%	40.99%	19.49%	20.10%	9.89%	21.88%	23.68%	12.25%	9.94%
Return on Invested Capital (ROIC)	6.22%	6.70%	6.54%	9.76%	9.31%	7.83%	2.53%	3.01%	10.88%	8.86%
ROIC Less NNEP Spread (ROIC-NNEP)	6.22%	6.70%	6.54%	9.76%	9.31%	7.83%	2.53%	3.01%	10.88%	8.86%
Return on Net Nonoperating Assets (RNNOA)	3.39%	3.09%	2.72%	3.52%	3.33%	1.89%	9.74%	11.65%	2.72%	1.38%
Return on Equity (ROE)	9.62%	9.79%	9.26%	13.28%	12.64%	9.71%	12.26%	14.66%	13.59%	10.25%
Cash Return on Invested Capital (CROIC)	8.40%	2.69%	4.70%	4.60%	-0.01%	22.43%	-151.52%	151.30%	1.33%	20.29%
Operating Return on Assets (OROA)	1.79%	1.74%	1.98%	2.08%	2.00%	1.37%	1.91%	2.21%	1.79%	1.38%
Return on Assets (ROA)	1.30%	1.26%	1.17%	1.68%	1.60%	1.23%	1.49%	1.68%	1.57%	1.24%
Return on Common Equity (ROCE)	9.62%	9.79%	9.26%	13.28%	12.64%	9.71%	12.26%	14.66%	13.59%	10.25%
Return on Equity Simple (ROE_SIMPLE)	9.22%	9.58%	8.92%	12.81%	12.17%	9.46%	12.19%	14.58%	12.94%	10.05%
Net Operating Profit after Tax (NOPAT)	161	175	176	272	279	229	298	361	354	286
NOPAT Margin	39.06%	38.80%	33.09%	45.50%	45.05%	38.47%	45.73%	45.62%	43.72%	39.19%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	31.38%	30.91%	29.72%	29.59%	29.57%	29.57%	28.69%	25.17%	26.48%	32.02%
Operating Expenses to Revenue	49.15%	49.79%	44.40%	44.25%	44.75%	47.65%	43.92%	38.38%	46.97%	51.35%
Earnings before Interest and Taxes (EBIT)	221	242	298	338	349	254	382	473	404	318
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	259	285	313	389	408	337	443	537	487	382
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.29	1.38	1.05	1.12	0.94	1.24	1.14	1.14	1.18
Price to Tangible Book Value (P/TBV)	1.41	1.62	1.71	1.28	1.35	1.12	1.47	1.34	1.32	1.36
Price to Revenue (P/Rev)	4.71	5.21	5.13	3.74	4.16	3.83	4.66	3.55	3.84	4.61
Price to Earnings (P/E)	12.05	13.43	15.51	8.22	9.24	9.95	10.20	7.79	8.79	11.77
Dividend Yield	2.34%	2.52%	2.57%	3.74%	3.83%	4.34%	3.22%	3.60%	3.18%	2.88%
Earnings Yield	8.30%	7.45%	6.45%	12.17%	10.82%	10.05%	9.81%	12.84%	11.38%	8.50%
Enterprise Value to Invested Capital (EV/IC)	0.80	0.75	1.08	0.83	0.90	0.42	0.14	0.73	0.87	0.83
Enterprise Value to Revenue (EV/Rev)	4.94	4.44	5.51	3.97	4.57	1.93	4.46	2.88	3.65	3.46
Enterprise Value to EBITDA (EV/EBITDA)	7.87	7.03	9.37	6.09	6.93	3.41	6.56	4.23	6.07	6.61
Enterprise Value to EBIT (EV/EBIT)	9.21	8.27	9.83	7.02	8.10	4.53	7.62	4.81	7.33	7.94
Enterprise Value to NOPAT (EV/NOPAT)	12.64	11.44	16.66	8.72	10.14	5.02	9.75	6.30	8.35	8.82
Enterprise Value to Operating Cash Flow (EV/OCF)	11.52	8.54	11.79	7.04	6.51	3.59	8.70	4.86	7.69	7.66
Enterprise Value to Free Cash Flow (EV/FCFF)	9.36	28.50	23.19	18.49	0.00	1.75	0.00	0.13	68.15	3.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.47	0.46	0.38	0.35	0.37	0.12	0.00	0.25	0.25	0.07
Long-Term Debt to Equity	0.24	0.27	0.33	0.35	0.36	0.12	0.00	0.25	0.25	0.07
Financial Leverage	0.55	0.46	0.42	0.36	0.36	0.24	3.85	3.88	0.25	0.16
Leverage Ratio	7.39	7.77	7.93	7.92	7.90	7.88	8.21	8.71	8.64	8.26
Compound Leverage Factor	7.39	7.77	7.93	7.92	7.90	7.88	8.21	8.71	8.64	8.26
Debt to Total Capital	31.74%	31.40%	27.32%	25.77%	26.89%	10.80%	0.00%	20.21%	19.78%	6.47%
Short-Term Debt to Total Capital	15.62%	13.13%	3.68%	0.00%	0.82%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	16.12%	18.26%	23.63%	25.77%	26.07%	10.80%	0.00%	20.21%	19.78%	6.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	68.26%	68.60%	72.68%	74.23%	73.11%	89.20%	100.00%	79.79%	80.22%	93.53%
Debt to EBITDA	3.14	2.94	2.37	1.89	2.07	0.87	0.00	1.17	1.39	0.52
Net Debt to EBITDA	0.37	-1.22	0.64	0.35	0.61	-3.35	0.00	-1.00	-0.32	-2.21
Long-Term Debt to EBITDA	1.59	1.71	2.05	1.89	2.00	0.87	0.00	1.17	1.39	0.52
Debt to NOPAT	5.04	4.78	4.21	2.71	3.02	1.28	0.00	1.74	1.91	0.69
Net Debt to NOPAT	0.59	-1.99	1.15	0.50	0.90	-4.93	0.00	-1.49	-0.43	-2.95
Long-Term Debt to NOPAT	2.56	2.78	3.64	2.71	2.93	1.28	0.00	1.74	1.91	0.69
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	218	70	126	128	-0.38	656	-17,877	18,147	43	655
Operating Cash Flow to CapEx	6,059.57%	6,676.22%	0.00%	5,045.55%	6,098.12%	5,537.47%	8,967.73%	13,786.34%	11,312.61%	9,052.67%
Free Cash Flow to Firm to Interest Expense	2.94	0.87	1.57	1.05	0.00	4.42	-260.01	154.33	0.09	0.99
Operating Cash Flow to Interest Expense	2.39	2.89	3.09	2.76	2.24	2.16	4.86	3.97	0.77	0.50
Operating Cash Flow Less CapEx to Interest Expense	2.35	2.84	3.12	2.70	2.20	2.12	4.81	3.95	0.76	0.49
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.04	0.04	0.04	0.03	0.03	0.04	0.04	0.03
Fixed Asset Turnover	3.95	4.21	5.10	5.79	5.97	5.74	6.45	8.14	8.72	8.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,561	2,665	2,715	2,859	3,138	2,711	20,887	3,101	3,411	3,043
Invested Capital Turnover	0.16	0.17	0.20	0.21	0.21	0.20	0.06	0.07	0.25	0.23
Increase / (Decrease) in Invested Capital	-56	105	50	144	280	-427	18,176	-17,786	311	-369
Enterprise Value (EV)	2,036	2,003	2,933	2,370	2,830	1,150	2,908	2,273	2,958	2,522
Market Capitalization	1,941	2,351	2,731	2,234	2,580	2,278	3,042	2,808	3,112	3,365
Book Value per Share	$21.58	$23.18	$24.42	$26.17	$28.78	$30.36	$31.68	$33.25	$37.71	$39.97
Tangible Book Value per Share	$16.94	$18.42	$19.71	$21.49	$24.04	$25.62	$26.80	$28.12	$32.47	$34.64
Total Capital	2,561	2,665	2,715	2,859	3,138	2,711	2,446	3,101	3,411	3,043
Total Debt	813	837	742	737	844	293	0.00	627	675	197
Total Long-Term Debt	413	487	642	737	818	293	0.00	627	675	197
Net Debt	96	-348	202	136	250	-1,128	-134	-536	-154	-843
Capital Expenditures (CapEx)	2.92	3.51	-2.41	6.67	7.13	5.78	3.73	3.39	3.40	3.64
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	813	837	742	737	844	293	18,440	627	675	197
Total Depreciation and Amortization (D&A)	38	43	15	51	59	83	61	64	84	64
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.00	$2.21	$2.19	$3.35	$3.49	$2.88	$3.81	$4.85	$4.88	$3.97
Adjusted Weighted Average Basic Shares Outstanding	80.56M	79.15M	80.26M	81.13M	80.00M	79.58M	78.27M	74.34M	72.57M	72.07M
Adjusted Diluted Earnings per Share	$1.98	$2.19	$2.17	$3.33	$3.48	$2.87	$3.80	$4.83	$4.86	$3.95
Adjusted Weighted Average Diluted Shares Outstanding	81.29M	79.93M	81.00M	81.61M	80.25M	79.78M	78.57M	74.66M	72.86M	72.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	79.60M	79.62M	81.12M	80.48M	79.65M	79.51M	75.29M	72.56M	72.67M	70.29M
Normalized Net Operating Profit after Tax (NOPAT)	161	175	178	274	279	229	300	364	355	286
Normalized NOPAT Margin	39.06%	38.80%	33.55%	45.78%	45.05%	38.47%	45.99%	46.02%	43.79%	39.19%
Pre Tax Income Margin	53.61%	53.67%	56.07%	56.51%	56.38%	42.69%	58.53%	59.78%	49.82%	43.52%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.99	2.98	3.71	2.77	1.80	1.71	5.55	4.02	0.81	0.48
NOPAT to Interest Expense	2.18	2.16	2.19	2.23	1.44	1.54	4.34	3.07	0.71	0.43
EBIT Less CapEx to Interest Expense	2.95	2.94	3.74	2.71	1.76	1.67	5.50	3.99	0.80	0.48
NOPAT Less CapEx to Interest Expense	2.14	2.11	2.22	2.17	1.40	1.50	4.28	3.04	0.70	0.43
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	28.11%	33.85%	39.70%	30.69%	35.51%	43.12%	33.30%	27.99%	27.85%	34.26%
Augmented Payout Ratio	64.98%	64.94%	39.70%	46.37%	48.52%	53.43%	89.31%	67.18%	32.56%	63.88%

This table displays calculated financial ratios and metrics derived from Cathay General Bancorp's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.93%	22.05%	15.19%	7.83%	-6.72%	-4.05%	-15.24%	-12.76%	-2.05%	-9.14%
EBITDA Growth	44.05%	29.98%	19.31%	1.03%	-20.31%	-28.33%	-32.90%	-24.58%	-14.70%	-11.87%
EBIT Growth	45.38%	33.20%	17.65%	-9.27%	-28.85%	-29.14%	-30.63%	-29.31%	-15.51%	-6.72%
NOPAT Growth	36.79%	29.57%	27.96%	4.77%	-16.83%	-15.45%	-25.59%	-28.31%	-18.04%	-2.82%
Net Income Growth	36.79%	29.57%	27.96%	4.77%	-16.83%	-15.45%	-25.59%	-28.31%	-18.04%	-2.82%
EPS Growth	43.01%	35.71%	33.33%	8.47%	-15.04%	-15.04%	-25.76%	-28.13%	-16.81%	-1.77%
Operating Cash Flow Growth	164.88%	4.78%	40.15%	-0.34%	-43.20%	-35.09%	-27.23%	-19.59%	-24.13%	31.92%
Free Cash Flow Firm Growth	-201.17%	198.80%	-11,395.83%	-2,333.31%	205.99%	-101.28%	197.79%	166.52%	-178.89%	296.81%
Invested Capital Growth	11.26%	-85.15%	752.46%	33.41%	-4.32%	10.02%	-85.57%	-13.04%	8.30%	-10.81%
Revenue Q/Q Growth	9.29%	3.13%	-3.38%	-0.99%	-5.46%	6.08%	-14.64%	1.91%	6.16%	-1.60%
EBITDA Q/Q Growth	16.72%	2.50%	-4.96%	-4.95%	-7.93%	-7.82%	-23.69%	6.84%	4.13%	-4.76%
EBIT Q/Q Growth	14.90%	0.97%	-12.10%	-11.03%	-9.90%	0.56%	-13.95%	-9.33%	7.68%	11.02%
NOPAT Q/Q Growth	11.30%	-1.45%	-1.63%	-2.90%	-11.64%	0.19%	-13.44%	-6.45%	1.03%	18.79%
Net Income Q/Q Growth	11.30%	-1.45%	-1.63%	-2.90%	-11.64%	0.19%	-13.44%	-6.45%	1.03%	18.79%
EPS Q/Q Growth	12.71%	0.00%	-0.75%	-3.03%	-11.72%	0.00%	-13.27%	-6.12%	2.17%	18.09%
Operating Cash Flow Q/Q Growth	107.18%	-46.21%	19.46%	-25.16%	18.09%	-38.54%	33.97%	-17.30%	11.43%	6.86%
Free Cash Flow Firm Q/Q Growth	-650.44%	9,192.39%	-208.21%	95.88%	126.12%	-209.46%	8,392.55%	-97.19%	-130.98%	373.07%
Invested Capital Q/Q Growth	9.50%	6.14%	610.52%	-83.84%	-21.47%	22.05%	-6.79%	-2.66%	-2.20%	0.51%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	71.02%	70.58%	64.89%	62.30%	60.67%	52.72%	51.37%	53.86%	52.83%	51.14%
EBIT Margin	62.69%	61.37%	55.83%	50.17%	47.81%	45.32%	45.69%	40.65%	41.24%	46.53%
Profit (Net Income) Margin	47.75%	45.63%	46.45%	45.55%	42.57%	40.21%	40.78%	37.43%	35.62%	43.01%
Tax Burden Percent	76.17%	74.35%	83.20%	90.80%	89.05%	88.72%	89.24%	92.08%	86.39%	92.43%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	23.83%	25.65%	16.80%	9.20%	10.95%	11.28%	10.76%	7.92%	13.61%	7.57%
Return on Invested Capital (ROIC)	12.94%	3.01%	3.09%	12.18%	12.19%	10.00%	2.52%	8.47%	9.16%	9.72%
ROIC Less NNEP Spread (ROIC-NNEP)	12.94%	3.01%	3.09%	12.18%	12.19%	10.00%	2.52%	8.47%	9.16%	9.72%
Return on Net Nonoperating Assets (RNNOA)	1.76%	11.65%	12.22%	2.89%	1.59%	2.50%	9.42%	1.97%	0.59%	1.52%
Return on Equity (ROE)	14.71%	14.66%	15.30%	15.07%	13.78%	12.50%	11.93%	10.44%	9.75%	11.24%
Cash Return on Invested Capital (CROIC)	1.54%	151.30%	-154.90%	-16.23%	17.33%	1.33%	152.16%	23.06%	1.93%	20.29%
Operating Return on Assets (OROA)	2.26%	2.27%	2.13%	1.89%	1.75%	1.63%	1.57%	1.32%	1.34%	1.47%
Return on Assets (ROA)	1.72%	1.68%	1.77%	1.71%	1.56%	1.45%	1.40%	1.22%	1.16%	1.36%
Return on Common Equity (ROCE)	14.71%	14.66%	15.30%	15.07%	13.78%	12.50%	11.93%	10.44%	9.75%	11.24%
Return on Equity Simple (ROE_SIMPLE)	13.98%	0.00%	15.01%	14.83%	13.99%	0.00%	11.86%	10.85%	10.19%	0.00%
Net Operating Profit after Tax (NOPAT)	99	98	96	93	82	83	71	67	68	80
NOPAT Margin	47.75%	45.63%	46.45%	45.55%	42.57%	40.21%	40.78%	37.43%	35.62%	43.01%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	23.94%	23.44%	25.41%	25.85%	28.02%	26.75%	34.50%	31.83%	30.34%	31.60%
Operating Expenses to Revenue	36.35%	37.97%	40.25%	45.36%	48.57%	53.84%	53.22%	55.65%	51.11%	45.70%
Earnings before Interest and Taxes (EBIT)	130	131	115	103	93	93	80	73	78	87
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	147	151	134	127	117	108	90	96	100	95
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.14	0.94	0.86	0.92	1.14	0.98	0.98	1.10	1.18
Price to Tangible Book Value (P/TBV)	1.32	1.34	1.10	1.01	1.08	1.32	1.14	1.14	1.26	1.36
Price to Revenue (P/Rev)	3.57	3.55	2.92	2.70	2.97	3.84	3.50	3.65	4.14	4.61
Price to Earnings (P/E)	7.94	7.79	6.25	5.83	6.59	8.79	8.26	9.06	10.75	11.77
Dividend Yield	3.77%	3.60%	4.14%	4.39%	4.05%	3.18%	3.63%	3.61%	3.17%	2.88%
Earnings Yield	12.59%	12.84%	15.99%	17.15%	15.16%	11.38%	12.10%	11.04%	9.30%	8.50%
Enterprise Value to Invested Capital (EV/IC)	0.66	0.73	0.10	0.48	0.51	0.87	0.61	0.63	0.65	0.83
Enterprise Value to Revenue (EV/Rev)	2.56	2.88	2.61	2.07	1.74	3.65	2.50	2.58	2.62	3.46
Enterprise Value to EBITDA (EV/EBITDA)	3.84	4.23	3.89	3.13	2.75	6.07	4.30	4.61	4.84	6.61
Enterprise Value to EBIT (EV/EBIT)	4.38	4.81	4.36	3.60	3.23	7.33	5.29	5.75	6.05	7.94
Enterprise Value to NOPAT (EV/NOPAT)	5.69	6.30	5.59	4.47	3.87	8.35	5.91	6.41	6.79	8.82
Enterprise Value to Operating Cash Flow (EV/OCF)	4.16	4.86	4.25	3.44	3.40	7.69	5.54	5.82	6.35	7.66
Enterprise Value to Free Cash Flow (EV/FCFF)	45.17	0.13	0.00	0.00	2.88	68.15	0.10	2.53	34.76	3.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.25	0.00	0.37	0.06	0.25	0.14	0.11	0.07	0.07
Long-Term Debt to Equity	0.21	0.25	0.00	0.37	0.06	0.25	0.14	0.11	0.07	0.07
Financial Leverage	0.14	3.88	3.96	0.24	0.13	0.25	3.74	0.23	0.06	0.16
Leverage Ratio	8.55	8.71	8.64	8.79	8.84	8.64	8.54	8.57	8.43	8.26
Compound Leverage Factor	8.55	8.71	8.64	8.79	8.84	8.64	8.54	8.57	8.43	8.26
Debt to Total Capital	17.18%	20.21%	0.00%	26.88%	5.60%	19.78%	12.63%	9.76%	6.50%	6.47%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	17.18%	20.21%	0.00%	26.88%	5.60%	19.78%	12.63%	9.76%	6.50%	6.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	82.82%	79.79%	100.00%	73.12%	94.40%	80.22%	87.37%	90.24%	93.50%	93.53%
Debt to EBITDA	1.00	1.17	0.00	1.74	0.30	1.39	0.89	0.72	0.49	0.52
Net Debt to EBITDA	-1.52	-1.00	0.00	-0.96	-1.94	-0.32	-1.71	-1.91	-2.82	-2.21
Long-Term Debt to EBITDA	1.00	1.17	0.00	1.74	0.30	1.39	0.89	0.72	0.49	0.52
Debt to NOPAT	1.48	1.74	0.00	2.48	0.42	1.91	1.22	1.00	0.68	0.69
Net Debt to NOPAT	-2.25	-1.49	0.00	-1.36	-2.73	-0.43	-2.35	-2.65	-3.96	-2.95
Long-Term Debt to NOPAT	1.48	1.74	0.00	2.48	0.42	1.91	1.22	1.00	0.68	0.69
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-197	17,884	-19,351	-798	208	-228	18,923	531	-164	449
Operating Cash Flow to CapEx	21,818.52%	34,140.40%	41,073.22%	13,595.35%	15,958.57%	3,722.45%	9,625.55%	13,680.49%	6,742.57%	8,841.14%
Free Cash Flow to Firm to Interest Expense	-6.90	288.57	-208.19	-6.73	1.51	-1.51	115.34	3.17	-0.97	2.83
Operating Cash Flow to Interest Expense	6.62	1.64	1.30	0.76	0.78	0.44	0.54	0.44	0.48	0.55
Operating Cash Flow Less CapEx to Interest Expense	6.59	1.63	1.30	0.76	0.77	0.42	0.53	0.43	0.47	0.54
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03
Fixed Asset Turnover	7.64	8.14	8.52	8.78	8.74	8.72	8.48	8.29	8.31	8.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,921	3,101	22,032	3,559	2,795	3,411	3,180	3,095	3,027	3,043
Invested Capital Turnover	0.27	0.07	0.07	0.27	0.29	0.25	0.06	0.23	0.26	0.23
Increase / (Decrease) in Invested Capital	296	-17,786	19,447	891	-126	311	-18,852	-464	232	-369
Enterprise Value (EV)	1,926	2,273	2,134	1,724	1,428	2,958	1,949	1,943	1,958	2,522
Market Capitalization	2,688	2,808	2,386	2,250	2,435	3,112	2,723	2,747	3,100	3,365
Book Value per Share	$32.49	$33.25	$35.04	$35.88	$36.36	$37.71	$38.23	$38.36	$39.22	$39.97
Tangible Book Value per Share	$27.35	$28.12	$29.78	$30.63	$31.12	$32.47	$33.00	$33.15	$33.96	$34.64
Total Capital	2,921	3,101	2,542	3,559	2,795	3,411	3,180	3,095	3,027	3,043
Total Debt	502	627	0.00	957	157	675	402	302	197	197
Total Long-Term Debt	502	627	0.00	957	157	675	402	302	197	197
Net Debt	-762	-536	-252	-526	-1,006	-154	-774	-803	-1,142	-843
Capital Expenditures (CapEx)	0.86	0.30	0.30	0.67	0.67	1.77	0.92	0.53	1.21	0.98
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	502	627	19,489	957	157	675	402	302	197	197
Total Depreciation and Amortization (D&A)	17	20	19	25	25	15	9.95	24	22	8.60
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.35	$1.32	$1.32	$1.29	$1.14	$1.13	$0.98	$0.92	$0.94	$1.13
Adjusted Weighted Average Basic Shares Outstanding	73.16M	74.34M	72.53M	72.54M	72.57M	72.57M	72.67M	72.66M	71.79M	72.07M
Adjusted Diluted Earnings per Share	$1.35	$1.33	$1.32	$1.28	$1.13	$1.13	$0.98	$0.92	$0.94	$1.11
Adjusted Weighted Average Diluted Shares Outstanding	73.44M	74.66M	72.90M	72.75M	72.89M	72.86M	72.97M	72.83M	72.03M	72.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	74.41M	72.56M	72.54M	72.56M	72.65M	72.67M	72.81M	72.17M	71.20M	70.29M
Normalized Net Operating Profit after Tax (NOPAT)	99	98	96	93	82	83	71	67	68	80
Normalized NOPAT Margin	47.77%	45.64%	46.45%	45.55%	42.57%	40.21%	40.78%	37.43%	35.62%	43.01%
Pre Tax Income Margin	62.69%	61.37%	55.83%	50.17%	47.81%	45.32%	45.69%	40.65%	41.24%	46.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.56	2.12	1.24	0.87	0.67	0.62	0.49	0.43	0.46	0.55
NOPAT to Interest Expense	3.48	1.57	1.03	0.79	0.60	0.55	0.44	0.40	0.40	0.50
EBIT Less CapEx to Interest Expense	4.53	2.11	1.24	0.86	0.67	0.60	0.48	0.43	0.45	0.54
NOPAT Less CapEx to Interest Expense	3.45	1.57	1.03	0.78	0.59	0.53	0.43	0.40	0.39	0.50
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.17%	27.99%	26.22%	25.70%	26.76%	27.85%	29.96%	32.60%	34.17%	34.26%
Augmented Payout Ratio	82.25%	67.18%	59.01%	50.20%	39.82%	32.56%	29.94%	40.94%	55.18%	63.88%

Key Financial Trends

Cathay General Bancorp reported Q4 2024 net interest income of $171.0 million, up modestly from $169.2 million in Q3, reflecting continued strength in its lending and investment portfolio. Total revenue of $186.5 million was down 1.6 percent quarter-over-quarter and declined 9.1 percent year-over-year, driven by lower non-interest income. Provision for credit losses rose sharply to $14.5 million in Q4 2024 versus $1.7 million in Q4 2023, reflecting a more conservative credit outlook. Diluted EPS held steady at $1.11, and the board maintained the quarterly cash dividend at $0.34 per share (2.9 percent yield).

On the balance sheet, book value per share climbed to $39.97, and the company generated $449 million of free cash flow to the firm in Q4 2024. Assets, loans and deposits remained relatively flat, while deposit balances decreased by $258 million during the quarter. Return on equity was 11.24 percent for Q4 2024, down from 12.50 percent a year earlier. Valuation multiples expanded slightly, with P/B at 1.18 times and P/TBV at 1.36 times at year-end.

Net interest income remained robust at $171.0 million in Q4, up from $169.2 million in Q3, supporting interest margin.
Free cash flow to firm of $449 million in Q4 strengthens capacity for dividends and buybacks.
Dividend maintained at $0.34 per share, offering a 2.9 percent yield in a rising-rate environment.
Book value per share increased to $39.97, up from $37.71 a year ago, reflecting retained earnings growth.
Return on equity of 11.24 percent remains in line with long-term performance norms.
Price/book of 1.18× and price/tangible book of 1.36× suggest mid-range valuation in the regional bank sector.
Total revenue in Q4 fell 9.1 percent year-over-year to $186.5 million, driven by lower non-interest income.
Net income declined 2.8 percent year-over-year to $80.2 million, after sharper setbacks earlier in 2024.
Provision for credit losses surged to $14.5 million in Q4 2024 from $1.7 million in Q4 2023, weighing on earnings.
Deposits decreased by $258 million in Q4, raising potential funding and liquidity pressures.

07/24/25 07:04 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Cathay General Bancorp's Financials

When does Cathay General Bancorp's financial year end?

According to the most recent income statement we have on file, Cathay General Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Cathay General Bancorp's net income changed over the last 9 years?

Cathay General Bancorp's net income appears to be on an upward trend, with a most recent value of $285.98 million in 2024, rising from $161.11 million in 2015. The previous period was $354.12 million in 2023. See where experts think Cathay General Bancorp is headed by visiting Cathay General Bancorp's forecast page.

How has Cathay General Bancorp's revenue changed over the last 9 years?

Over the last 9 years, Cathay General Bancorp's total revenue changed from $412.42 million in 2015 to $729.72 million in 2024, a change of 76.9%.

How much debt does Cathay General Bancorp have?

Cathay General Bancorp's total liabilities were at $20.21 billion at the end of 2024, a 0.7% decrease from 2023, and a 75.6% increase since 2015.

How much cash does Cathay General Bancorp have?

In the past 9 years, Cathay General Bancorp's cash and equivalents has ranged from $134.14 million in 2021 to $247.06 million in 2017, and is currently $157.17 million as of their latest financial filing in 2024.

How has Cathay General Bancorp's book value per share changed over the last 9 years?

Over the last 9 years, Cathay General Bancorp's book value per share changed from 21.58 in 2015 to 39.97 in 2024, a change of 85.2%.

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This page (NASDAQ:CATY) was last updated on 7/24/2025 by MarketBeat.com Staff

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Cathay General Bancorp (CATY) Financials

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