Cathay General Bancorp (CATY) Stock Forecast, Price Target & Predictions
CATY Stock Forecast
Cathay General Bancorp stock forecast is as follows: an average price target of $55.00 (represents a 15.81% upside from CATY’s last price of $47.49) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
CATY Price Target
The average price target for Cathay General Bancorp (CATY) is $55.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $50.00. This represents a potential 15.81% upside from CATY's last price of $47.49.
CATY Analyst Ratings
According to 5 Wall Street analysts, Cathay General Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for CATY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 1 'Hold' (20.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
Cathay General Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 09, 2024 | Andrew Terrell | Stephens | $60.00 | $51.60 | 16.28% | 26.34% |
| Jul 23, 2024 | David Chiaverini | Wedbush | $50.00 | $43.02 | 16.23% | 5.29% |
| Jun 15, 2022 | Truist Financial | $43.00 | $39.09 | 10.00% | -9.45% |
The latest Cathay General Bancorp stock forecast, released on Dec 09, 2024 by Andrew Terrell from Stephens, set a price target of $60.00, which represents a 16.28% increase from the stock price at the time of the forecast ($51.60), and a 26.34% increase from CATY last price ($47.49).
Cathay General Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $60.00 | $60.00 | $55.00 |
| Last Closing Price | $47.49 | $47.49 | $47.49 |
| Upside/Downside | 26.34% | 26.34% | 15.81% |
In the current month, the average price target of Cathay General Bancorp stock is $60.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 26.34% increase as opposed to Cathay General Bancorp's last price of $47.49. This month's average price target is down 0.00% compared to last quarter, and up 9.09% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 09, 2024 | Stephens | Overweight | Upgrade | |
| Oct 23, 2024 | Wedbush | Outperform | Outperform | Hold |
| Oct 22, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jul 23, 2024 | Wedbush | Outperform | Outperform | Hold |
| Jul 23, 2024 | Piper Sandler | Underweight | Underweight | Hold |
| Apr 25, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Apr 25, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Apr 23, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Apr 26, 2022 | Zacks Investment Research | Buy | Upgrade |
Cathay General Bancorp's last stock rating was published by Stephens on Dec 09, 2024. The company Upgrade its CATY rating from "null" to "Overweight".
Cathay General Bancorp Financial Forecast
Cathay General Bancorp Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $205.88M | $202.71M | $197.25M | $192.97M | $197.92M | $195.13M | $189.80M | $184.42M | $185.63M | $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 | $207.29M | $204.10M | $198.60M | $194.29M | $199.27M | $196.46M | $191.09M | $185.68M | $186.90M | $182.03M | $179.19M | $187.45M | $200.01M | $201.59M | $197.71M | $208.55M | $219.16M | $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 | $204.03M | $200.89M | $195.48M | $191.24M | $196.14M | $193.37M | $188.09M | $182.76M | $183.96M | $181.97M | $179.19M | $187.45M | $195.91M | $192.61M | $194.61M | $205.28M | $215.72M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| 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 | $8.05M | $7.92M | $7.71M | $7.54M | $7.74M | $7.63M | $7.42M | $7.21M | $7.26M | $7.11M | $7.00M | $121.21M | $7.74M | $7.68M | $7.68M | $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 | $8.10M | $7.98M | $7.76M | $7.59M | $7.79M | $7.68M | $7.47M | $7.26M | $7.31M | $7.11M | $7.00M | $145.46M | $7.82M | $7.88M | $7.73M | $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 | $7.97M | $7.85M | $7.64M | $7.47M | $7.67M | $7.56M | $7.35M | $7.14M | $7.19M | $7.11M | $7.00M | $96.97M | $7.66M | $7.53M | $7.61M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.03% | 12.08% | 13.45% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| 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 | $88.57M | $83.30M | $80.59M | $76.67M | $82.84M | $77.78M | $73.06M | $70.57M | $79.41M | $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 | $89.36M | $84.04M | $81.31M | $77.35M | $83.57M | $78.47M | $73.71M | $73.48M | $82.96M | $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 | $87.53M | $82.33M | $79.65M | $75.77M | $81.87M | $76.87M | $72.20M | $66.93M | $75.87M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| 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 | $49.18M | $48.43M | $47.12M | $46.10M | $47.28M | $46.61M | $45.34M | $44.06M | $44.35M | $43.48M | $42.81M | $43.21M | $47.29M | $46.93M | $46.91M | $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 | $49.52M | $48.76M | $47.44M | $46.41M | $47.60M | $46.93M | $45.65M | $44.36M | $44.65M | $43.49M | $42.81M | $51.85M | $47.78M | $48.16M | $47.23M | $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 | $48.74M | $47.99M | $46.70M | $45.69M | $46.86M | $46.20M | $44.93M | $43.66M | $43.95M | $43.47M | $42.81M | $34.57M | $46.80M | $46.01M | $46.49M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.91% | 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 $47.29M, based on 2 Wall Street analysts, with a range of $46.80M to $47.78M. The forecast indicates a 8.90% rise compared to CATY last annual SG&A of $43.42M (Sep 23).
Cathay General Bancorp EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| 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 | $1.23 | $1.16 | $1.12 | $1.06 | $1.15 | $1.08 | $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 | $1.24 | $1.17 | $1.13 | $1.07 | $1.16 | $1.09 | $1.02 | $1.02 | $1.15 | $0.95 | $0.94 | $0.98 | $1.10 | $1.17 | $1.16 | $1.26 | $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 | $1.22 | $1.14 | $1.11 | $1.05 | $1.14 | $1.07 | $1.00 | $0.93 | $1.05 | $0.95 | $0.94 | $0.98 | $1.02 | $0.99 | $1.10 | $1.24 | $1.36 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CFB | CrossFirst Bankshares | $16.63 | $20.00 | 20.26% | Buy |
| CATY | Cathay General Bancorp | $50.02 | $55.00 | 9.96% | Buy |
| CFFN | Capitol Federal Financial | $6.46 | $7.00 | 8.36% | Hold |
| FFNW | First Financial Northwest | $21.85 | $23.50 | 7.55% | Hold |
| FNWB | First Northwest Bancorp | $10.36 | $11.00 | 6.18% | Hold |
| HFWA | Heritage Financial | $25.67 | $26.00 | 1.29% | Hold |
| FFIN | First Financial Bankshares | $39.20 | $39.50 | 0.77% | Hold |
| CNOB | ConnectOne Bancorp | $25.58 | $25.00 | -2.27% | Buy |
| BY | Byline Bancorp | $30.75 | $29.00 | -5.69% | Buy |
| GBCI | Glacier Bancorp | $52.99 | $47.00 | -11.30% | Hold |
| BSRR | Sierra Bancorp | $30.73 | $25.33 | -17.57% | Hold |