Cathay General Bancorp (CATY) News Today

SG Americas Securities LLC decreased its stake in shares of Cathay General Bancorp (NASDAQ:CATY - Free Report) by 78.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,066 shares of the bank's stock after

Cathay General Bancorp (NASDAQ:CATY) Sets New 1-Year High at $45.88

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Cathay General Bancorp (NASDAQ:CATY - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 25,000 shares of the bank's stock, valued at approximately $946,

Cathay General Bancorp (NASDAQ:CATY - Free Report) - Analysts at Wedbush boosted their Q3 2024 EPS estimates for Cathay General Bancorp in a note issued to investors on Tuesday, July 23rd. Wedbush analyst D. Chiaverini now anticipates that the bank will earn $0.99 per share for the quarter, up fr

Truist Financial lifted their target price on Cathay General Bancorp from $38.00 to $45.00 and gave the stock a "hold" rating in a report on Wednesday.

Cathay General Bancorp (NASDAQ:CATY - Free Report) - Stock analysts at DA Davidson issued their Q3 2024 earnings estimates for Cathay General Bancorp in a research report issued to clients and investors on Tuesday, July 23rd. DA Davidson analyst G. Tenner anticipates that the bank will post earni

Wedbush boosted their price target on Cathay General Bancorp from $44.00 to $50.00 and gave the company an "outperform" rating in a research note on Tuesday.

Edgestream Partners L.P. lifted its stake in shares of Cathay General Bancorp (NASDAQ:CATY - Free Report) by 87.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,311 shares of the bank'

Cathay General Bancorp (NASDAQ:CATY - Get Free Report) issued its quarterly earnings results on Monday. The bank reported $0.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.94 by ($0.02). The company had revenue of $178.53 million for the quarter, compared to analyst estimates of $179.19 million. Cathay General Bancorp had a return on equity of 13.02% and a net margin of 24.41%. The company's quarterly revenue was down 12.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.28 EPS.

Entropy Technologies LP acquired a new position in Cathay General Bancorp (NASDAQ:CATY - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 13,006 shares of the bank's stock, valued at approximately $492,000. Other

StockNews.com raised shares of Cathay General Bancorp from a "sell" rating to a "hold" rating in a report on Friday.

BNP Paribas Financial Markets increased its stake in shares of Cathay General Bancorp (NASDAQ:CATY - Free Report) by 105.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 40,975 shares of the bank's stock after purchasing an additional

Cathay General Bancorp (NASDAQ:CATY) will be releasing earnings after the market closes on Monday, July 22, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=317889)

LSV Asset Management decreased its stake in Cathay General Bancorp (NASDAQ:CATY - Free Report) by 10.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 946,593 shares of the bank's stock after selling 106,747 shares

StockNews.com raised Cathay General Bancorp from a "sell" rating to a "hold" rating in a research report on Tuesday.

Cathay General Bancorp (NASDAQ:CATY - Free Report) - DA Davidson dropped their Q2 2024 earnings per share estimates for Cathay General Bancorp in a note issued to investors on Thursday, June 27th. DA Davidson analyst G. Tenner now anticipates that the bank will post earnings per share of $1.03 fo

Vanguard Group Inc. raised its holdings in shares of Cathay General Bancorp (NASDAQ:CATY - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,254,816 shares of the bank's stock after buying

Cathay General Bancorp (NASDAQ:CATY - Free Report) - Equities research analysts at Wedbush boosted their Q3 2024 earnings per share estimates for Cathay General Bancorp in a research report issued on Monday, June 24th. Wedbush analyst D. Chiaverini now anticipates that the bank will post earnings

Cathay General Bancorp (NASDAQ:CATY) Shares Up 2.8%

Shares of Cathay General Bancorp (NASDAQ:CATY - Get Free Report) have earned a consensus rating of "Hold" from the five analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold

Goldman Sachs Group Inc. lowered its holdings in Cathay General Bancorp (NASDAQ:CATY - Free Report) by 49.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,287,421 shares of the bank's stock afte

Willner & Heller LLC bought a new stake in Cathay General Bancorp (NASDAQ:CATY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 45,194 shares of the bank's stock, valued at approximately $2,014,000.

StockNews.com downgraded shares of Cathay General Bancorp from a "hold" rating to a "sell" rating in a report on Tuesday.

First Trust Advisors LP raised its stake in shares of Cathay General Bancorp (NASDAQ:CATY - Free Report) by 18.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 861,364 shares of the bank's stock afte

Rafferty Asset Management LLC grew its holdings in shares of Cathay General Bancorp (NASDAQ:CATY - Free Report) by 128.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,924 shares of the bank's stock a

Hsbc Holdings PLC bought a new position in Cathay General Bancorp (NASDAQ:CATY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 55,651 shares of the bank's stock, valued at approximately $2,493,000. Hsbc Holdings PLC ow

Cathay General Bancorp (NASDAQ:CATY - Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 1,710,000 shares, a decrease of 16.6% from the April 30th total of 2,050,000 shares. Based on an average daily volume of 360,000 shares, the short-interest ratio is currently 4.8 days. Approximately 2.5% of the shares of the stock are short sold.

Norges Bank bought a new position in shares of Cathay General Bancorp (NASDAQ:CATY - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 775,481 shares of the bank's stock, valued at approximately $34,56

StockNews.com cut shares of Cathay General Bancorp from a "hold" rating to a "sell" rating in a research note on Thursday.