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Cathay General Bancorp 8-K Filings

CATY NASDAQ

Every 8-K that Cathay General Bancorp (CATY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow CATY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CATY filings page.

Rhea-AI Summary

Cathay General Bancorp reported strong results for the quarter ended June 30, 2026, with net income of $92.2 million, or $1.37 per diluted share, up from $86.9 million, or $1.29, in the first quarter and $77.5 million a year earlier. Net interest income rose to $200.9 million and the net interest margin improved to 3.48% from 3.43%, supporting returns of 1.52% on average assets and 12.21% on average equity. For the first six months of 2026, net income was $179.1 million, up 21.8% from 2025, with diluted EPS of $2.66 and an efficiency ratio of 40.95%.

Gross loans reached $20.62 billion, up 2.2% from March 31, 2026, led by commercial and commercial real estate growth, while total deposits grew 1.9% to $21.06 billion. Capital remained robust, with a Tier 1 risk-based capital ratio of 13.70%, total risk-based capital ratio of 15.47%, and Tier 1 leverage ratio of 11.28%, all exceeding regulatory minimums.

Asset quality metrics showed some pressure: total non-performing assets increased to $145.4 million, or 0.59% of total assets, from 0.53%, and non-accrual loans rose 25.5% to $111.7 million. The allowance for loan losses was $218.9 million, equal to 1.06% of gross loans and 195.97% of non-performing loans, while the quarterly provision for credit losses declined to $11.2 million from $18.2 million in the prior quarter.

Rhea-AI Summary

Cathay General Bancorp updated a prior disclosure to provide more detail on the role of new director Lana Chan. The board appointed her to the Audit Committee and the Investment Committee of both the company and Cathay Bank, effective May 21, 2026.

The board also determined that Ms. Chan qualifies as an “audit committee financial expert” under Regulation S‑K. This amendment focuses solely on her committee assignments and related governance qualifications, with no changes to the company’s financial results or operations.

Rhea-AI Summary

Cathay General Bancorp reported results of its annual stockholder meeting held on May 18, 2026. Stockholders elected four Class III directors to serve until the 2029 annual meeting, with each nominee receiving over 44.7 million votes in favor and sizeable broker non-votes.

Investors also approved the advisory resolution on executive compensation, with about 47.3 million votes for and 1.1 million against, and indicated a preference to hold this advisory vote every year rather than every two or three years. In addition, stockholders ratified the appointment of KPMG LLP as independent registered public accounting firm for the 2026 fiscal year. There were 66,972,039 common shares entitled to vote as of the March 26, 2026 record date.

Rhea-AI Summary

Cathay General Bancorp announced that its board has adopted a new share repurchase program authorizing the company to buy back up to $150,000,000 of its common stock. Repurchases may be made on the open market or through privately negotiated transactions, and may also be executed under a Rule 10b5-1 plan.

The company can suspend, terminate or modify the program at any time based on market conditions, alternative uses of capital, liquidity and other factors. As of the press release date, Cathay General Bancorp had approximately 67,056,307 shares of common stock outstanding.

The company also noted that a prior $150,000,000 repurchase program announced in June 2025 was completed in February 2026, with 3,217,481 shares repurchased at an average cost of $46.62 per share.

Rhea-AI Summary

Cathay General Bancorp reported solid first quarter 2026 results with mixed trends. Net income was $86.9 million, or $1.29 per diluted share, down from $90.5 million and $1.33 in the fourth quarter of 2025 but up from $69.5 million a year earlier.

Net interest income was $194.2 million as net interest margin improved to 3.43% from 3.36%, helped by lower deposit and funding costs. Provision for credit losses rose to $18.2 million, while non-interest income fell to $20.7 million due to a $15.7 million impairment on available-for-sale securities, partly offset by higher equity securities gains.

Non-interest expense declined 6.0% to $86.7 million, improving the efficiency ratio to 40.35%. Gross loans edged up to $20.17 billion and deposits were $20.68 billion. Asset quality strengthened as non-performing assets fell to $127.9 million, 0.53% of total assets, and capital ratios remained firmly in the well-capitalized range, with a Tier 1 risk-based capital ratio of 13.46%. The quarterly cash dividend was $0.38 per share.

Rhea-AI Summary

Cathay General Bancorp appointed Lana Chan to its board of directors, and to the board of Cathay Bank, effective February 4, 2026. She will serve as a Class I director whose term runs until the 2027 annual meeting of stockholders.

Chan brings over 30 years of financial experience, including service as a Managing Director and sell-side equity research analyst at BMO Capital Markets from 2005–2020, focused on the banking industry and niche markets such as Asian-American and high-net-worth banks. She previously consulted for Cathay Bank from 2022 through September 2025.

In connection with this appointment, longtime director Jane Jelenko notified the company of her intention to retire effective April 30, 2026, with the company stating her decision was not due to any disagreement over operations, policies, or practices. After these changes, the board will have twelve directors, eight of whom are considered independent.

Rhea-AI Summary

Cathay General Bancorp announced a planned finance leadership transition. Long‑time Chief Financial Officer and Treasurer Heng W. Chen, who has served in these roles since 2003 at the company and since 2004 at Cathay Bank, will retire from his CFO and Treasurer positions effective March 1, 2026.

Chen will remain with Cathay Bank as Special Advisor to the Office of the President through December 31, 2026, with monthly compensation of $15,000. Albert J. Wang, currently Executive Vice President and Deputy Chief Financial Officer, will become Chief Financial Officer of Cathay Bank and Treasurer of the company on March 1, 2026, with an expected base salary of $500,000, plus cash and equity bonus opportunities consistent with his predecessor and a standard change of control employment agreement.

Wang, age 50, brings more than 28 years of finance and accounting experience, including senior roles at Webster Bank, Banc of California, Santander Bank and PricewaterhouseCoopers. The company states there are no family relationships or related‑party transactions requiring disclosure in connection with his appointment.

Rhea-AI Summary

Cathay General Bancorp announced its financial results for the fourth quarter and full year ended December 31, 2025 through a press release. The company is making that release available as Exhibit 99.1.

The company will also host a conference call on January 22, 2026 at 3:00 p.m. Pacific Time to discuss these results, supported by presentation materials posted on its website. Those presentation materials, which include historical and forward-looking information about the company, are attached as Exhibit 99.2.

Rhea-AI Summary

Cathay General Bancorp announced its financial results for the quarter ended September 30, 2025 via a press release furnished as Exhibit 99.1. The company will host a conference call on October 21, 2025 at 3:00 p.m. Pacific Time to discuss third‑quarter results, with accompanying presentation materials available on its website and furnished as Exhibit 99.2.

The information provided under Items 2.02 and 7.01, including Exhibits 99.1 and 99.2, is being furnished and is not deemed filed under the Exchange Act.