NASDAQ:CATY Stock Quote
42.63
-0.82 (-1.89%)
Cathay General Bancorp is a financial institution that primarily operates as a commercial bank, providing a range of banking services to individuals and businesses
The company focuses on serving the Asian American community while also catering to a diverse customer base. Its offerings include personal banking services, such as savings and checking accounts, as well as loans, mortgages, and commercial banking solutions tailored for small to medium-sized enterprises. With a commitment to community involvement, the bank emphasizes building strong relationships with customers and delivering personalized financial services.
Previous Close | 43.45 |
---|---|
Open | 43.30 |
Bid | 42.13 |
Ask | 48.28 |
Day's Range | 42.35 - 43.62 |
52 Week Range | 33.88 - 55.29 |
Volume | 225,174 |
Market Cap | 3.10B |
PE Ratio (TTM) | 10.77 |
EPS (TTM) | 4.0 |
Dividend & Yield | 1.360 (3.19%) |
1 Month Average Volume | 478,030 |
News & Press Releases

Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on March 10, 2025, to stockholders of record at the close of business on February 27, 2025.
By Cathay General Bancorp · Via Business Wire · February 14, 2025

In response to the devastating wildfires impacting Southern California, Cathay Bank, through the Cathay Bank Foundation, raised $600,000 in philanthropic donations in support of relief efforts.
By Cathay Bank · Via Business Wire · February 7, 2025

Cathay General Bancorp (the “Company,” “we,” “us,” or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter and year ended December 31, 2024. The Company reported net income of $286.0 million, or $3.95 per diluted share, for the year ended December 31, 2024 and net income of $80.2 million, or $1.12 per diluted share, for the fourth quarter of 2024.
By Cathay General Bancorp · Via Business Wire · January 22, 2025

Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, announced that Mr. Kim R. Bingham will retire as Chief Risk Officer of Cathay Bank, effective January 21, 2025. Mr. Bingham will continue to serve Cathay Bank as Executive Vice President, Special Advisor to the Office of the President for a transition period that is anticipated to end on or about March 31, 2025, but will no longer be a designated executive officer of Cathay Bank.
By Cathay General Bancorp · Via Business Wire · January 17, 2025

Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its fourth quarter and full year 2024 financial results after the markets close on Wednesday, January 22, 2025.
By Cathay General Bancorp · Via Business Wire · January 9, 2025

Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on December 9, 2024, to stockholders of record at the close of business on November 27, 2024.
By Cathay General Bancorp · Via Business Wire · November 15, 2024

The Cathay Bank Foundation is delighted to announce the 20 recipients of the 2024 Cathay Bank Foundation Scholarship. This year, the scholarship program received 720 applications, a 35% increase from last year’s 533 applications. Notably, more than 29% of students applying for the scholarship program will be the first to attend college in their family and 90% are minorities.
By Cathay Bank Foundation · Via Business Wire · November 5, 2024

Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended September 30, 2024. The Company reported net income of $67.5 million, or $0.94 per diluted share, for the third quarter of 2024.
By Cathay General Bancorp · Via Business Wire · October 21, 2024

Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its third quarter 2024 financial results after the markets close on Monday, October 21, 2024.
By Cathay General Bancorp · Via Business Wire · October 3, 2024

Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on September 9, 2024, to stockholders of record at the close of business on August 29, 2024.
By Cathay General Bancorp · Via Business Wire · August 15, 2024

Via Benzinga · July 23, 2024

Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended June 30, 2024. The Company reported net income of $66.8 million, or $0.92 per share, for the second quarter of 2024. The second quarter net income included $4.1 million or $0.04 per diluted share from accelerated amortization of solar tax credit investments, which were previously forecasted to be amortized in the second half of 2024 and $1.4 million or $0.01 per diluted share mark-to-market loss from equity securities held by the Company.
By Cathay General Bancorp · Via Business Wire · July 22, 2024

Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its second quarter 2024 financial results after the markets close on Monday, July 22, 2024.
By Cathay General Bancorp · Via Business Wire · July 3, 2024

Cathay General Bancorp (the “Company”, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $125,000,000 of the Company’s common stock. The previous $125,000,000 share repurchase program announced on May 26, 2022, was completed on February 21, 2023, with the repurchase of 2,897,628 shares at an average cost of $43.14.
By Cathay General Bancorp · Via Business Wire · May 28, 2024

Cathay General Bancorp (the “Company”, Nasdaq: CATY), the holding company for Cathay Bank (the “Bank”), elected two new members, Ann Yee Kono and Elizabeth Woo, to the Board of Directors of the Company and the Bank respectively at the Company Annual Stockholder’s Meeting on May 13, 2024, and the Bank’s Board of Directors meeting held yesterday.
By Cathay General Bancorp · Via Business Wire · May 17, 2024

Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on June 10, 2024, to stockholders of record at the close of business on May 30, 2024.
By Cathay General Bancorp · Via Business Wire · May 16, 2024