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 $46.50 (represents a -8.37% downside from CATY’s last price of $50.75) 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 -8.37% downside from CATY's last price of $50.75.
CATY Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 23, 2024 | David Chiaverini | Wedbush | $50.00 | $43.02 | 16.23% | -1.48% |
| Jun 15, 2022 | - | Truist Financial | $43.00 | $39.09 | 10.00% | -15.27% |
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 -1.48% decrease from CATY last price ($50.75).
Cathay General Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $50.00 |
| Last Closing Price | $50.75 | $50.75 | $50.75 |
| Upside/Downside | -100.00% | -100.00% | -1.48% |
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 $50.75. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 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 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 | $201.48M | $198.22M | $192.61M | $188.54M | $197.97M | $193.69M | $188.53M | $183.58M | $185.11M | $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 | $202.89M | $199.60M | $193.95M | $189.86M | $199.35M | $195.04M | $189.84M | $184.86M | $186.40M | $182.03M | $179.19M | $187.45M | $200.01M | $201.59M | $197.74M | $208.58M | $219.19M | $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 | $199.85M | $196.61M | $191.05M | $187.01M | $196.37M | $192.12M | $187.00M | $182.09M | $183.61M | $181.97M | $179.19M | $187.45M | $195.91M | $192.61M | $194.78M | $205.46M | $215.91M | $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 | $7.88M | $7.75M | $7.53M | $7.37M | $7.74M | $7.57M | $7.37M | $7.18M | $7.24M | $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 | $7.93M | $7.80M | $7.58M | $7.42M | $7.79M | $7.62M | $7.42M | $7.23M | $7.29M | $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 | $7.81M | $7.68M | $7.47M | $7.31M | $7.68M | $7.51M | $7.31M | $7.12M | $7.18M | $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 | $85.44M | $78.89M | $76.48M | $72.45M | $82.98M | $76.48M | $71.90M | $69.85M | $78.84M | $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 | $86.21M | $79.61M | $77.17M | $73.11M | $83.73M | $77.18M | $72.56M | $72.73M | $82.35M | $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 | $84.54M | $78.06M | $75.67M | $71.69M | $82.11M | $75.68M | $71.15M | $66.25M | $75.32M | $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 | $48.13M | $47.35M | $46.01M | $45.04M | $47.29M | $46.27M | $45.04M | $43.86M | $44.22M | $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 | $48.47M | $47.68M | $46.33M | $45.36M | $47.62M | $46.59M | $45.35M | $44.16M | $44.53M | $43.49M | $42.81M | $51.85M | $47.78M | $48.16M | $47.24M | $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 | $47.74M | $46.97M | $45.64M | $44.68M | $46.91M | $45.90M | $44.67M | $43.50M | $43.86M | $43.47M | $42.81M | $34.57M | $46.80M | $46.01M | $46.53M | $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 | $1.19 | $1.10 | $1.06 | $1.01 | $1.15 | $1.06 | $1.00 | $0.97 | $1.09 | $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 | $1.07 | $1.01 | $1.16 | $1.07 | $1.01 | $1.01 | $1.14 | $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 | $1.17 | $1.08 | $1.05 | $1.00 | $1.14 | $1.05 | $0.99 | $0.92 | $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 |
|---|---|---|---|---|---|
| CFFN | Capitol Federal Financial | $6.66 | $7.00 | 5.11% | Hold |
| FFNW | First Financial Northwest | $22.38 | $23.50 | 5.00% | Hold |
| CNOB | ConnectOne Bancorp | $26.58 | $27.67 | 4.10% | Buy |
| FNWB | First Northwest Bancorp | $10.73 | $11.00 | 2.52% | Hold |
| CFB | CrossFirst Bankshares | $17.23 | $17.60 | 2.15% | Buy |
| HFWA | Heritage Financial | $25.49 | $26.00 | 2.00% | Hold |
| FFIN | First Financial Bankshares | $40.62 | $39.50 | -2.76% | Hold |
| BY | Byline Bancorp | $30.93 | $29.00 | -6.24% | Buy |
| CATY | Cathay General Bancorp | $50.75 | $46.50 | -8.37% | Buy |
| BSRR | Sierra Bancorp | $30.60 | $25.33 | -17.22% | Hold |
| GBCI | Glacier Bancorp | $55.84 | $45.60 | -18.34% | Hold |