Cathay General Bancorp (CATY) Stock Forecast, Price Target & Predictions


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CATY Stock Forecast


Cathay General Bancorp stock forecast is as follows: an average price target of $46.50 (represents a 2.31% upside from CATY’s last price of $45.45) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

CATY Price Target


The average price target for Cathay General Bancorp (CATY) is $46.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $43.00. This represents a potential 2.31% upside from CATY's last price of $45.45.

CATY Analyst Ratings


Buy

According to 4 Wall Street analysts, Cathay General Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for CATY stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 1 'Hold' (25.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Cathay General Bancorp Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 23, 2024David ChiaveriniWedbush$50.00$43.0216.23%10.01%
Jun 15, 2022-Truist Financial$43.00$39.0910.00%-5.39%
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The latest Cathay General Bancorp stock forecast, released on Jul 23, 2024 by David Chiaverini from Wedbush, set a price target of $50.00, which represents a 16.23% increase from the stock price at the time of the forecast ($43.02), and a 10.01% increase from CATY last price ($45.45).

Cathay General Bancorp Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$50.00
Last Closing Price$45.45$45.45$45.45
Upside/Downside-100.00%-100.00%10.01%

In the current month, the average price target of Cathay General Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cathay General Bancorp's last price of $45.45. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024WedbushOutperformOutperformHold
Oct 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jul 23, 2024WedbushOutperformOutperformHold
Jul 23, 2024Piper SandlerUnderweightUnderweightHold
Apr 25, 2024WedbushMarket PerformMarket PerformHold
Apr 25, 2024Truist FinancialUnderperformUnderperformHold
Apr 23, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Apr 26, 2022Zacks Investment Research-BuyUpgrade
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Cathay General Bancorp's last stock rating was published by Wedbush on Oct 23, 2024. The company gave CATY a "Outperform" rating, the same as its previous rate.

Cathay General Bancorp Financial Forecast


Cathay General Bancorp Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$356.17M$193.48M$204.64M$206.68M$213.90M$207.41M$189.78M$179.42M$175.26M$164.70M$160.58M$151.82M$151.27M$147.48M$150.08M$146.10M$149.86M$157.39M
Avg Forecast$201.48M$198.22M$192.61M$188.54M$197.54M$193.59M$188.40M$183.57M$185.21M$182.00M$179.19M$187.45M$197.96M$196.46M$196.37M$207.14M$217.67M$204.97M$184.13M$169.76M$166.01M$164.29M$155.80M$151.58M$150.26M$148.01M$145.43M$146.24M$152.67M$155.38M
High Forecast$203.45M$200.15M$194.49M$190.38M$199.47M$195.47M$190.24M$185.58M$185.36M$182.03M$179.19M$187.45M$200.01M$201.59M$198.29M$209.16M$219.79M$204.97M$184.13M$169.76M$166.01M$164.29M$155.80M$151.58M$150.26M$148.01M$145.43M$146.24M$152.67M$155.38M
Low Forecast$199.10M$195.88M$190.34M$186.32M$195.21M$191.30M$186.18M$181.55M$185.06M$181.97M$179.19M$187.45M$195.91M$192.61M$194.05M$204.69M$215.10M$204.97M$184.13M$169.76M$166.01M$164.29M$155.80M$151.58M$150.26M$148.01M$145.43M$146.24M$152.67M$155.38M
# Analysts222211144211263344443333399955
Surprise %------------1.80%0.98%1.04%1.00%0.98%1.01%1.03%1.06%1.06%1.00%1.03%1.00%1.01%1.00%1.03%1.00%0.98%1.01%

Cathay General Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $187.45M, with a low forecast of $187.45M, and a high forecast of $187.45M. CATY's average Quarter revenue forecast represents a -47.37% decrease compared to the company's last Quarter revenue of $356.17M (Dec 23).

Cathay General Bancorp EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211263344443333399955
EBITDA------------$251.00K$92.75M$103.23M$208.59M$194.42M$158.75M$132.59M$115.39M$116.50M$108.88M$121.60M$119.74M$113.25M$98.05M$101.37M$106.28M$137.55M$148.44M
Avg Forecast$93.86M$92.34M$89.73M$87.83M$92.02M$90.18M$87.77M$85.51M$86.28M$84.79M$83.48M$121.21M$92.22M$91.52M$91.48M$110.19M$118.40M$95.49M$85.78M$100.18M$77.34M$76.54M$72.58M$96.41M$70.00M$68.95M$67.75M$118.97M$71.12M$72.38M
High Forecast$94.77M$93.24M$90.60M$88.69M$92.92M$91.06M$88.62M$86.45M$86.35M$84.80M$83.48M$145.46M$93.17M$93.91M$92.37M$132.23M$142.08M$95.49M$85.78M$120.21M$77.34M$76.54M$72.58M$115.70M$70.00M$68.95M$67.75M$142.76M$71.12M$72.38M
Low Forecast$92.75M$91.25M$88.67M$86.79M$90.94M$89.12M$86.73M$84.57M$86.21M$84.77M$83.48M$96.97M$91.26M$89.73M$90.40M$88.16M$94.72M$95.49M$85.78M$80.14M$77.34M$76.54M$72.58M$77.13M$70.00M$68.95M$67.75M$95.18M$71.12M$72.38M
Surprise %------------0.00%1.01%1.13%1.89%1.64%1.66%1.55%1.15%1.51%1.42%1.68%1.24%1.62%1.42%1.50%0.89%1.93%2.05%

1 analysts predict CATY's average Quarter EBITDA for Mar 24 to be $121.21M, with a high of $145.46M and a low of $96.97M. This is 48192.18% upper than Cathay General Bancorp's previous annual EBITDA (Dec 23) of $251.00K.

Cathay General Bancorp Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211263344443333399955
Net Income------------$82.53M$82.37M$93.22M$96.01M$97.60M$99.03M$88.98M$75.03M$75.32M$72.40M$77.20M$73.38M$70.89M$56.79M$54.32M$46.85M$67.38M$72.83M
Avg Forecast$85.44M$78.89M$76.48M$72.45M$82.84M$77.07M$72.75M$70.47M$79.36M$68.43M$67.47M$78.81M$76.95M$78.88M$81.40M$71.65M$76.55M$93.21M$84.96M$65.13M$67.29M$65.98M$60.45M$59.09M$55.54M$44.28M$41.83M$52.45M$60.69M$64.40M
High Forecast$86.52M$79.89M$77.45M$73.37M$83.89M$78.05M$73.67M$73.35M$82.90M$68.47M$67.48M$94.57M$79.05M$84.61M$83.64M$85.98M$91.86M$93.51M$85.40M$78.16M$67.29M$65.98M$60.45M$70.91M$55.54M$44.28M$41.83M$62.94M$60.69M$64.40M
Low Forecast$84.13M$77.68M$75.30M$71.34M$81.57M$75.89M$71.64M$66.16M$75.81M$68.39M$67.46M$63.05M$73.46M$70.99M$79.15M$57.32M$61.24M$92.91M$84.52M$52.11M$67.29M$65.98M$60.45M$47.27M$55.54M$44.28M$41.83M$41.96M$60.69M$64.40M
Surprise %------------1.07%1.04%1.15%1.34%1.27%1.06%1.05%1.15%1.12%1.10%1.28%1.24%1.28%1.28%1.30%0.89%1.11%1.13%

Cathay General Bancorp's average Quarter net income forecast for Mar 24 is $78.81M, with a range of $63.05M to $94.57M. CATY's average Quarter net income forecast represents a -4.50% decrease compared to the company's last Quarter net income of $82.53M (Dec 23).

Cathay General Bancorp SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211263344443333399955
SG&A-------------$43.42M$42.48M$42.16M$39.30M$42.17M$44.66M$41.13M$40.64M$39.74M$38.88M$41.18M$38.92M$40.20M$35.12M$38.91M$40.03M$40.18M
Avg Forecast$44.38M$43.66M$42.43M$41.53M$43.51M$42.64M$41.50M$40.43M$40.79M$40.09M$39.47M$43.21M$43.60M$43.27M$43.25M$39.28M$41.31M$45.15M$40.56M$35.71M$36.57M$36.19M$34.32M$33.16M$33.10M$32.60M$32.03M$43.55M$33.63M$34.22M
High Forecast$44.81M$44.09M$42.84M$41.93M$43.94M$43.06M$41.90M$40.88M$40.83M$40.10M$39.47M$51.85M$44.05M$44.40M$43.68M$47.14M$49.57M$45.15M$40.56M$42.85M$36.57M$36.19M$34.32M$39.79M$33.10M$32.60M$32.03M$52.26M$33.63M$34.22M
Low Forecast$43.86M$43.15M$41.92M$41.04M$43.00M$42.14M$41.01M$39.99M$40.76M$40.08M$39.47M$34.57M$43.15M$42.42M$42.74M$31.42M$33.04M$45.15M$40.56M$28.57M$36.57M$36.19M$34.32M$26.53M$33.10M$32.60M$32.03M$34.84M$33.63M$34.22M
Surprise %-------------1.00%0.98%1.07%0.95%0.93%1.10%1.15%1.11%1.10%1.13%1.24%1.18%1.23%1.10%0.89%1.19%1.17%

Cathay General Bancorp's average Quarter SG&A projection for Dec 23 is $43.60M, based on 2 Wall Street analysts, with a range of $43.15M to $44.05M. The forecast indicates a 0.41% rise compared to CATY last annual SG&A of $43.42M (Sep 23).

Cathay General Bancorp EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211263344443333399955
EPS------------$1.13$1.14$1.29$1.32$1.33$1.35$1.19$1.00$0.98$0.93$0.98$0.92$0.89$0.71$0.68$0.59$0.85$0.91
Avg Forecast$1.19$1.10$1.06$1.01$1.15$1.07$1.01$0.98$1.10$0.95$0.94$0.98$1.07$1.10$1.13$1.25$1.38$1.28$1.17$0.91$0.92$0.91$0.83$0.77$0.76$0.61$0.57$0.67$0.83$0.88
High Forecast$1.20$1.11$1.08$1.02$1.16$1.08$1.02$1.02$1.15$0.95$0.94$0.98$1.10$1.17$1.16$1.27$1.39$1.28$1.17$0.91$0.92$0.91$0.83$0.77$0.76$0.61$0.57$0.67$0.83$0.88
Low Forecast$1.17$1.08$1.05$0.99$1.13$1.05$0.99$0.92$1.05$0.95$0.94$0.98$1.02$0.99$1.10$1.23$1.35$1.28$1.16$0.91$0.92$0.91$0.83$0.77$0.76$0.61$0.57$0.67$0.83$0.88
Surprise %------------1.06%1.04%1.14%1.05%0.97%1.05%1.02%1.10%1.06%1.03%1.18%1.19%1.17%1.17%1.18%0.88%1.02%1.03%

According to 1 Wall Street analysts, Cathay General Bancorp's projected average Quarter EPS for Mar 24 is $0.98, with a low estimate of $0.98 and a high estimate of $0.98. This represents a -13.23% decrease compared to CATY previous annual EPS of $1.13 (Dec 23).

Cathay General Bancorp Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CNOBConnectOne Bancorp$24.14$27.6714.62%Buy
CFBCrossFirst Bankshares$15.47$17.6013.77%Buy
FNWBFirst Northwest Bancorp$9.75$11.0012.82%Hold
HFWAHeritage Financial$23.23$26.0011.92%Hold
CFFNCapitol Federal Financial$6.32$7.0010.76%Hold
FFINFirst Financial Bankshares$36.08$39.509.48%Hold
BYByline Bancorp$26.52$29.009.35%Buy
FFNWFirst Financial Northwest$22.11$23.506.29%Hold
CATYCathay General Bancorp$45.45$46.502.31%Buy
GBCIGlacier Bancorp$50.94$45.60-10.48%Hold
BSRRSierra Bancorp$28.31$25.33-10.53%Hold

CATY Forecast FAQ


Yes, according to 4 Wall Street analysts, Cathay General Bancorp (CATY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of CATY's total ratings.

Cathay General Bancorp (CATY) average price target is $46.5 with a range of $43 to $50, implying a 2.31% from its last price of $45.45. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CATY stock, the company can go up by 2.31% (from the last price of $45.45 to the average price target of $46.5), up by 10.01% based on the highest stock price target, and down by -5.39% based on the lowest stock price target.

CATY's average twelve months analyst stock price target of $46.5 does not support the claim that Cathay General Bancorp can reach $70 in the near future.

Cathay General Bancorp's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $763.1M (high $770.76M, low $754.24M), average EBITDA is $355.49M (high $359.06M, low $351.36M), average net income is $303.14M (high $308.96M, low $295.25M), average SG&A $168.08M (high $169.77M, low $166.13M), and average EPS is $4.21 (high $4.29, low $4.1). CATY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $780.85M (high $788.46M, low $771.63M), average EBITDA is $363.76M (high $367.3M, low $359.46M), average net income is $313.26M (high $317.23M, low $308.45M), average SG&A $171.99M (high $173.67M, low $169.96M), and average EPS is $4.35 (high $4.4, low $4.28).

Based on Cathay General Bancorp's last annual report (Dec 2023), the company's revenue was $1.31B, beating the average analysts forecast of $797.93M by 64.14%. Apple's EBITDA was $1.31M, missing the average prediction of $385.41M by -99.66%. The company's net income was $354.12M, beating the average estimation of $308.88M by 14.65%. Apple's SG&A was $0, missing the average forecast of $169.41M by -100.00%. Lastly, the company's EPS was $4.86, beating the average prediction of $4.55 by 6.89%. In terms of the last quarterly report (Dec 2023), Cathay General Bancorp's revenue was $356.17M, beating the average analysts' forecast of $197.96M by 79.92%. The company's EBITDA was $251K, missing the average prediction of $92.22M by -99.73%. Cathay General Bancorp's net income was $82.53M, beating the average estimation of $76.95M by 7.24%. The company's SG&A was $0, missing the average forecast of $43.6M by -100.00%. Lastly, the company's EPS was $1.13, beating the average prediction of $1.07 by 5.77%