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Cathay General Bancorp

Cathay General Bancorp is the holding company for Cathay Bank, which provides commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. Its offerings include deposit accounts such as savings, checking, money market, certificates of deposit, and individual retirement accounts, as well as loans for commercial real estate, small businesses, residential mortgages, construction, and home equity. The company also provides trade financing, letters of credit, wire transfers, foreign currency services, safe deposit, ATM, internet banking, and investment products and advisory services. Formerly known as Cathay Bancorp, Inc., it changed its name to Cathay General Bancorp in November 2003, was founded in 1962, and is headquartered in Los Angeles, California.

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Cathay General Bancorp declares $0.38 quarterly dividend

Cathay General Bancorp declared a quarterly dividend of $0.38 per share, in line with its previous payout. The dividend is payable September 8 to shareholders of record on August 28, with the ex-dividend date also August 28.
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Seeking Alpha·33dRead more →
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Cathay General Bancorp reports second quarter 2026 net income of $92.2 million

Cathay General Bancorp reported net income of $92.2 million, or $1.37 per diluted share, for the second quarter of 2026, up from $86.9 million, or $1.29 per diluted share, in the first quarter. Net interest margin expanded to 3.48% from 3.43% in the prior quarter, while total loans, excluding loans held for sale, grew 2.21% to $20.62 billion and total deposits increased 1.87% to $21.06 billion. The company's board approved an increase to its share repurchase authorization from $150 million to $200 million and the redemption of $54.1 million of trust preferred securities, representing approximately 45% of the $119.1 million outstanding. Non-accrual loans rose 25.5% to $111.7 million, and the allowance for loan losses stood at 1.06% of gross loans.
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Business Wire·58dRead more →
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Cathay General Bancorp Faces Revenue and EPS Growth Concerns

Cathay General Bancorp has outperformed the S&P 500 by 17.5% over the past six months, with its stock price rising 25.5% to $62.51, but analysts highlight three reasons for caution. The bank's revenue grew at a compounded annual rate of just 6.9% over the last five years, falling short of sector benchmarks, while net interest income expanded at an even slower 6.5% annualized rate, signaling soft demand. Earnings per share increased by only 8.7% annually over the same period, reflecting limited profit growth. The stock currently trades at 1.3 times forward price-to-book, a valuation deemed reasonable but not compelling, leading analysts to suggest a dominant aerospace company with a strong M&A track record as a more attractive alternative.
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Yahoo Finance·73dRead more →
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Cathay General Bancorp Offers 2.57% Dividend Yield and 11.8% Annualized Dividend Growth

Cathay General Bancorp, the holding company for Cathay Bank, currently pays a quarterly dividend of $0.38 per share, yielding 2.57%, which matches the Banks-West industry average and exceeds the S&P 500's 1.43%. The company's annualized dividend of $1.52 per share represents an 11.8% increase from the prior year, and it has raised its dividend once over the past five years for an average annual increase of 2.11%. Cathay General's payout ratio stands at 31% of trailing twelve-month earnings per share, and the Zacks Consensus Estimate for fiscal 2026 earnings is $5.40 per share, implying year-over-year growth of 18.94%. The stock has gained 22.11% year-to-date and carries a Zacks Rank of 3, or Hold.
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