Welcome to our dedicated page for Cathay Gnl Bncp news (Ticker: CATY), a resource for investors and traders seeking the latest updates and insights on Cathay Gnl Bncp stock.
Cathay General Bancorp (NASDAQ: CATY) is the holding company for Cathay Bank, a California state‑chartered commercial bank founded in Los Angeles in 1962. This news page aggregates company‑specific announcements and disclosures so readers can follow how the bank’s operations, earnings, and capital decisions evolve over time.
News about Cathay General Bancorp frequently centers on quarterly and annual financial results, where the company reports net income, net interest margin, loan and deposit balances, asset quality metrics, and regulatory capital ratios. These earnings releases are often accompanied by conference call details and presentation materials, allowing analysts and investors to hear management’s commentary on performance and strategy.
Investors can also track capital management actions such as cash dividend declarations and share repurchase programs, which are disclosed through press releases and related SEC filings. Additional updates highlight non‑interest income trends, including depository service fees, letters of credit commissions, wealth management fees, and securities gains or losses.
Beyond financial results, Cathay General Bancorp and Cathay Bank issue news related to executive appointments, community and educational initiatives, and other corporate developments. Examples include participation in programs like the CFA Institute Research Challenge, which underscores the bank’s involvement in education, professional development, and community engagement.
For anyone following CATY stock or the commercial banking sector, this page offers a focused view of Cathay General Bancorp’s official announcements, helping readers monitor earnings, balance sheet trends, capital actions, and corporate milestones in one place.
Cathay General Bancorp (NASDAQ:CATY) reported strong Q2 2025 financial results with net income of $77.5 million, or $1.10 per diluted share, marking an 11.5% increase from Q1 2025's $69.5 million.
Key highlights include a net interest margin increase to 3.27%, total loans growth of 2.23% to $19.78 billion, and total deposits increase of 0.95% to $20.01 billion. The company demonstrated solid capital ratios with a Tier 1 risk-based capital ratio of 13.35%.
The bank announced a new $150 million stock repurchase program, with 804,179 shares already repurchased at an average cost of $44.22 per share. However, non-performing assets increased 14.9% to $199.5 million, representing 0.84% of total assets.
Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, will release its second quarter 2025 financial results after market close on Tuesday, July 22, 2025.
The company will host a conference call at 3:00 PM Pacific Time (6:00 PM Eastern Time) on the same day. Analysts and investors can participate in the Q&A session by dialing (833) 816-1377 with conference ID 10201334. A live webcast will be available on the company's website, with a recorded version accessible for replay within 24 hours and archived for one year.
Cathay General Bancorp (NASDAQ: CATY) has announced a quarterly cash dividend of $0.34 per common share. The dividend will be paid on June 9, 2025, to shareholders who are registered as stockholders at the close of business on May 29, 2025. This dividend declaration demonstrates the company's commitment to returning value to shareholders through regular dividend payments.
Cathay General Bancorp (CATY) reported Q1 2025 net income of $69.5 million, or $0.98 per diluted share, marking a 13.3% decrease from Q4 2024's $80.2 million. The company's net interest margin improved to 3.25% from 3.07% in Q4 2024.
Key financial metrics include: total loans decreased slightly to $19.35 billion (0.12% decline), while deposits increased by $131.3 million to $19.82 billion. The efficiency ratio improved to 45.60% from 53.22% year-over-year. The company completed a $125 million share repurchase program, buying back 876,906 shares at an average cost of $46.83.
Asset quality showed improvement with total non-performing assets decreasing by 11.5% to $173.7 million. The allowance for loan losses increased to $173.9 million, representing 0.90% of gross loans and 112.06% of non-performing loans.
Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, has scheduled to release its first quarter 2025 financial results after market close on Monday, April 21, 2025. The company will host a conference call the same day at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time).
The one-hour conference call will include a question-and-answer session for analysts and investors. Participants can join via dial-in number (833) 816-1377 using conference ID 10198304. A live webcast will be available on the company's website, with a recorded version accessible within 24 hours after the call and archived for one year.
Cathay General Bancorp (Nasdaq: CATY) has announced that its Board of Directors has declared a cash dividend of $0.34 per common share. The dividend will be payable on March 10, 2025, to stockholders of record at the close of business on February 27, 2025.
Cathay General Bancorp (CATY) reported Q4 2024 net income of $80.2 million ($1.12 per diluted share), up 18.8% from Q3's $67.5 million. Full-year 2024 net income was $286.0 million ($3.95 per share), down 19.2% from $354.1 million in 2023.
The Q4 net interest margin improved to 3.07% from 3.04% in Q3. Total loans decreased 0.9% to $19.38 billion year-over-year, while deposits increased 1.9% to $19.69 billion. Non-performing assets rose to $196.3 million, representing 0.85% of total assets.
During Q4, the company repurchased 506,651 shares at an average cost of $47.10 per share for a total of $23.9 million. The efficiency ratio improved to 45.70% in Q4 from 51.11% in Q3, while the effective tax rate decreased to 7.57% from 13.61%.
Cathay General Bancorp (CATY) has announced leadership changes in its risk management division. Kim R. Bingham will retire as Chief Risk Officer of Cathay Bank effective January 21, 2025, and will transition to Executive Vice President, Special Advisor to the Office of the President until approximately March 31, 2025.
Diana Deen will succeed Bingham as Executive Vice President and Chief Risk Officer starting January 21, 2025. Deen, 62, brings over 20 years of banking experience, most recently serving at Bank of the West as Executive Vice President, Head of Operational Risk and Chief Ethics and Conduct Officer (2018-2023). Her previous roles include Executive Vice President at Wells Fargo (2013-2017) and Managing Director at JPMorgan Chase (2008-2013), where she led global compliance and risk oversight initiatives.
Cathay General Bancorp (Nasdaq: CATY) has scheduled the announcement of its fourth quarter and full year 2024 financial results for Wednesday, January 22, 2025, after market close. The company will host a conference call at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time) on the same day.
The one-hour conference call will include a question-and-answer session for analysts and investors. Participants can join via phone using the dial-in number (833) 816-1377 with Conference ID 10195683, and are advised to connect 5-10 minutes before the scheduled start. A live webcast will be available on the company's website, with a recorded version accessible for replay within 24 hours and archived for one year.