Cathay General Bancorp Stock (NASDAQ:CATY)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$50.97

52W Range

$33.88 - $54.07

50D Avg

$45.48

200D Avg

$40.42

Market Cap

$3.61B

Avg Vol (3M)

$290.14K

Beta

1.09

Div Yield

$1.36 (2.68%)

CATY Company Profile


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 household, and other consumer expenditures. In addition, the company offers trade financing, 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, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

1,246

IPO Date

Dec 14, 1990

Website

CATY Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Wealth Management Fees$17.51M$16.44M$15.06M
Fees and Services Charges on Deposit Account$9.20M$9.39M$8.62M
Other Service Fees$17.20M$16.35M$15.40M

Fiscal year ends in Dec 23 | Currency in USD

CATY Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.31B$790.51M$652.36M
Operating Income$22.39M$590.12M$381.84M
Net Income$354.12M$360.64M$298.30M
EBITDA$1.31M$592.01M$382.53M
Basic EPS$4.86$4.71$3.81
Diluted EPS$4.86$4.69$3.80

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 21, 24 | 8:09 PM
Q2 24Jul 23, 24 | 10:49 AM
Q1 24Apr 22, 24 | 7:50 PM

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