Cathay General Bancorp CATY
- Market cap
- $4.1B
- P/E
- 11.9×
Follow CATY
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25.62 | 34.00 | 31.94 | 31.89 | 17.58 | 31.23 | 37.37 | 27.24 | 33.88 | 36.06 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 38.73 | 45.54 | 45.59 | 40.06 | 38.38 | 46.43 | 48.88 | 45.72 | 55.29 | 51.95 |
High Price
|
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| 1,129 | 1,271 | 1,277 | 1,219 | 1,205 | 1,156 | 1,178 | 1,246 | 1,266 | 1,268 |
Employees
|
|||
| 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 532 | 612 | 720 | 814 | 743 | 721 | 908 | 1,311 | 1,391 | 1,385 |
Revenue
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| 84.75% | 86.87% | 83.04% | 76.12% | 80.03% | 90.47% | 87.05% | 61.81% | 52.47% | 59.07% |
Gross Margin
|
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| 242 | 298 | 338 | 349 | 254 | 382 | 473 | 404 | 318 | 390 |
EBT
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| 45.49% | 48.71% | 46.92% | 42.92% | 34.16% | 52.95% | 52.04% | 30.80% | 22.83% | 28.18% |
EBT Margin
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| 175 | 176 | 272 | 279 | 229 | 298 | 361 | 354 | 286 | 315 |
Net Income
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| 43 | 15 | 51 | 59 | 83 | 69 | 64 | 93 | 64 | 33 |
Depreciation
|
|||
| 6.73 | 7.63 | 8.87 | 10.18 | 9.34 | 9.21 | 12.22 | 18.06 | 19.30 | 20.01 |
Revenue/Sh
|
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| 2.21 | 2.19 | 3.35 | 3.49 | 2.88 | 3.81 | 4.85 | 4.88 | 3.97 | 4.55 |
Earnings/Sh
|
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| 2.96 | 3.10 | 4.15 | 5.44 | 4.02 | 4.27 | 6.29 | 5.30 | 4.57 | 5.33 |
Cash Flow/Sh
|
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| (0.04) | 0.03 | (0.08) | (0.09) | (0.07) | (0.05) | (0.04) | (0.05) | (0.05) | (0.07) |
Capex/Sh
|
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| 2.92 | 3.13 | 4.07 | 5.35 | 3.95 | 4.22 | 6.25 | 5.25 | 4.52 | 5.26 |
Free CF/Sh
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| 23.10 | 24.59 | 26.15 | 28.68 | 30.38 | 31.25 | 33.28 | 37.71 | 39.49 | 42.28 |
Book Value/Sh
|
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| 79 | 80 | 81 | 80 | 80 | 78 | 74 | 73 | 72 | 69 |
Shares
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| 17.27 | 19.47 | 9.98 | 10.90 | 11.22 | 11.28 | 8.23 | 9.13 | 11.99 | 10.59 |
PE Ratio
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| 5.67 | 5.59 | 3.78 | 3.74 | 3.45 | 4.67 | 3.28 | 2.47 | 2.47 | 2.42 |
PS Ratio
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| 1.65 | 1.73 | 1.28 | 1.33 | 1.06 | 1.38 | 1.20 | 1.18 | 1.21 | 1.14 |
PB Ratio
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| 4.36 | 5.74 | 3.97 | 4.02 | 1.93 | 1.49 | 2.69 | 2.36 | 1.86 | 1.48 |
EV/Sales
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| 10.06 | 13.99 | 8.66 | 7.64 | 4.56 | 3.26 | 5.26 | 8.10 | 7.95 | 5.62 |
EV/FCF
|
|||
| 234 | 249 | 337 | 435 | 320 | 334 | 467 | 385 | 329 | 369 |
Op' Cash Flow
|
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| (4) | 2 | (7) | (7) | (6) | (4) | (3) | (3) | (4) | (5) |
Capex
|
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| 231 | 251 | 330 | 428 | 314 | 331 | 464 | 381 | 326 | 364 |
FCF
|
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| 282 | 547 | 821 | 881 | 846 | 650 | 840 | 984 | 655 | 564 |
Working Cap'
|
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| 487 | 642 | 737 | 818 | 293 | 162 | 627 | 675 | 197 | 137 |
Total Debt
|
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| (698) | 94 | 136 | 224 | (1,128) | (2,287) | (536) | (154) | (843) | (1,288) |
Net Debt
|
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| 1,829 | 1,973 | 2,122 | 2,294 | 2,418 | 2,446 | 2,474 | 2,737 | 2,846 | 2,925 |
Sh' Equity
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| 1.26% | 1.17% | 1.68% | 1.60% | 1.23% | 1.49% | 1.68% | 1.57% | 1.24% | 1.33% |
ROA
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| 13.39% | 9.14% | 9.40% | 8.67% | 12.31% | 150.82% | 15.37% | 9.78% | 9.91% | 14.89% |
ROIC
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| 9.79% | 9.26% | 13.28% | 12.64% | 9.71% | 12.26% | 14.66% | 13.59% | 10.25% | 10.92% |
ROE
|
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Cathay General Bancorp peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| FBP First BanCorp. | $4.1B | 11.3× | Compare |
| UCB United Community Banks, Inc. | $4.1B | 11.2× | Compare |
| TCBI Texas Capital Bancshares, Inc. | $4.1B | 12.3× | Compare |
| WSFS WSFS Financial Corporation | $4.0B | 13.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CVBF CVB Financial Corporation | $3.9B | 15.5× | Compare |
| IBOC International Bancshares Corporation | $4.3B | 10.5× | Compare |
| INDB Independent Bank Corp. | $3.8B | 14.7× | Compare |
| FULT Fulton Financial Corporation | $4.4B | 11.1× | Compare |
Cathay General Bancorp (CATY) key facts
- Cathay General Bancorp (CATY) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- Cathay General Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, roughly unchanged from fiscal 2024.
- Net income was $315.1 million, or $4.55 per share (basic), a net margin of 22.8%.
- As of September 25, 2026, CATY traded at $61.45, a market capitalization of $4.1 billion.
- At that price the stock trades at 11.9× trailing-twelve-month earnings and 2.9× sales.
- Cathay General Bancorp pays an annual dividend of $1.36 per share, a yield of 3.52%, with a payout ratio of 25.9%.
- Return on equity was 10.9% and debt-to-equity 0.04.
Cathay General Bancorp (CATY) Latest News
9 Sep
Cathay General Bancorp posted Q2 earnings results as part of the regional banks sector reporting. Q2 earnings data can moderately shape near-term views on financial results and stock movement.
4 Sep
CATY faces three risks that make it a poor choice compared to an alternative stock. Negative risk analysis on CATY can shift near-term investor sentiment and valuation.
23 Jul
Cathay General Bancorp presented Q2 2026 earnings results and operational updates during its earnings call. Quarterly earnings data typically influence short-term stock sentiment and valuation metrics without altering long-term strategy.
Cathay General Bancorp reported strong financial performance in its Q2 2026 earnings call. Strong quarterly results can moderately affect investor sentiment and near-term stock movement.
22 Jul
Cathay General Bancorp held its Q2 earnings call and highlighted key financial results along with operational updates. Q2 earnings updates typically deliver moderate influence on near-term investor sentiment and valuation.
Cathay General Bancorp reported Q2 earnings and revenues exceeding analyst estimates. Q2 earnings and revenue beat signals positive near-term performance without shifting long-term trajectory.
Cathay General Bancorp exceeded Q2 CY2026 expectations. Quarterly earnings beat offers moderate positive signal for near-term performance.
Cathay General Bancorp announced second quarter 2026 results. Quarterly earnings reports affect stock valuation and market expectations for the bank.
1 May
Cathay General Bancorp (CATY) stock outperforms S&P 500, enters buy zone after earnings surge 32%. 32% earnings growth boosts stock performance and investor buy signals significantly.
30 Apr
Cathay General Bancorp (CATY) faces a shifting narrative as valuation assumptions evolve, prompting reassessment of its investment story and future prospects. Evolving valuation assumptions represent a significant shift in market dynamics and investor sentiment for CATY's trajectory.
23 Apr
Cathay General Bancorp adopts new share repurchase program. New share repurchase program represents major capital return strategy boosting EPS and investor confidence.
Cathay General Bancorp (CATY) reported strong net income and outlined strategic initiatives in its Q1 2026 earnings call highlights. Strong net income and strategic initiatives indicate significant positive influence on financial performance and investor sentiment.
Cathay General Bancorp's Q1 results show loan growth lagging amid easing deposit costs, with ongoing emphasis on maintaining credit quality. Lagging loan growth tempers easing deposit costs, creating moderate influence on financial performance balanced by credit quality focus.
Cathay General Bancorp released Q1 earnings call highlights detailing financial performance, loan growth, deposit trends, net interest margins, and outlook amid economic conditions. Q1 earnings highlights disclose financial results and guidance influencing short-to-medium term stock performance and investor sentiment.
22 Apr
Cathay General Bancorp (CATY) reported Q1 earnings and revenues that surpassed analyst estimates. Surpassing Q1 earnings and revenue estimates boosts investor sentiment and signals strong financial performance for future market trajectory.
Cathay General Bancorp announced first quarter 2026 results. Quarterly earnings announcements significantly affect financial performance metrics, investor sentiment, and stock price trajectory.
Cathay General Bancorp released Q1 2026 earnings call summary highlighting financial results, operational updates, and forward guidance. Quarterly earnings summaries influence financial performance and investor sentiment but are balanced by ongoing market factors.
Cathay General Bancorp (NASDAQ:CATY) surprised markets with stronger-than-expected Q1 CY2026 sales. Q1 CY2026 sales surprise moderately influences CATY's financial performance and investor sentiment without fundamentally altering long-term trajectory.
Cathay General Bancorp (CATY) Q1 earnings and revenues surpassed estimates. Q1 earnings beat positively affects financial performance and market sentiment with moderate influence.
20 Apr
Cathay General Bancorp (CATY) faces Q1 earnings release with analysts forecasting revenue, net interest income, loan growth, deposit trends, credit quality, and expense management amid economic pressures. Q1 earnings preview highlights key financial metrics that could significantly sway CATY's stock trajectory and investor sentiment.
17 Apr
Cathay General Bancorp (CATY) stands out as a strong investment pick due to robust financial metrics, growth potential, and attractive valuation. Favorable investment recommendation highlights solid fundamentals likely to moderately enhance market sentiment and performance.
12 Apr
Cathay General Bancorp (CATY) share price surges recently, prompting valuation assessment to determine if gains are justified amid strong performance. Valuation analysis after share price rally moderately influences investor sentiment and future performance outlook.
13 Feb
Cathay General Bancorp has declared a quarterly dividend of $0.38 per share, reflecting the company's ongoing commitment to returning value to shareholders. The dividend is payable on a specified date to shareholders of record, indicating a stable financial position and confidence in future earnings. The dividend declaration suggests a stable financial performance, but it is a routine action that does not significantly alter the company's trajectory.
9 Feb
Cathay General Bancorp (CATY) is highlighted for its investment strategy focusing on dividend yields, particularly through Dime Community Bancshares (DCOM). The article outlines the financial performance and dividend potential of DCOM, suggesting that CATY's approach may enhance its yield strategy and overall market positioning. Investors are encouraged to consider the implications of such investments on future returns. Investing in Dime Community Bancshares could moderately influence Cathay General Bancorp's financial performance and market sentiment.
30 Jan
Cathay General Bancorp is undergoing a CFO transition, with the current CFO stepping down and a new candidate being considered. This change is expected to impact the company's financial strategies and investor confidence. The transition comes at a time when the bank is focusing on growth and adapting to market conditions, making the leadership change particularly significant for stakeholders. Leadership changes can moderately influence financial performance and investor sentiment.
29 Jan
Cathay General Bancorp's Q4 earnings call featured five notable analyst questions that highlighted key areas of interest for the company. Analysts inquired about the bank's strategies for growth, risk management, and responses to market conditions. The discussion also touched on loan performance and the impact of economic factors on the bank's operations. Overall, the call provided insights into the company's future direction and operational challenges. Analyst questions during the earnings call indicated areas of operational focus that could moderately influence the company's performance.
26 Jan
Cathay General Bancorp reported revenue growth in Q4, but this was overshadowed by margin pressure and concerning credit trends. The bank faced challenges in maintaining profitability due to rising costs and potential credit quality issues, raising concerns about future performance and market positioning. Margin pressure and credit trends are expected to moderately influence financial performance and investor sentiment.
23 Jan
Cathay General Bancorp released Q4 2025 earnings call summary detailing financial results, performance metrics, and forward guidance. Quarterly earnings summaries disclose key financials and outlook that significantly sway stock performance and investor confidence.
Cathay General Bancorp (CATY) reported strong income growth in its Q4 2025 earnings call, highlighting an increase in loans and overall financial performance. The bank's strategic initiatives and market positioning contributed to positive results, reflecting resilience in a competitive landscape. Strong income growth and loan increases indicate significant positive momentum for future performance.
Cathay General Bancorp announced the retirement of its Chief Financial Officer, T. H. Lee, effective immediately. The company has appointed David A. Lee as the new CFO, who has been with Cathay for over 20 years and previously served as the Senior Vice President and Controller. The transition aims to ensure continuity in financial leadership and strategic direction. Leadership changes can moderately influence financial performance and investor sentiment.