Cathay General Bancorp (NASDAQ:CATY – Get Free Report) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $1.21 per share and revenue of $211.2650 million for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, April 22, 2026 at 5:00 PM ET.
Cathay General Bancorp (NASDAQ:CATY – Get Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The bank reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.13. The business had revenue of $222.83 million for the quarter, compared to the consensus estimate of $211.76 million. Cathay General Bancorp had a net margin of 22.76% and a return on equity of 10.89%. During the same period in the previous year, the firm earned $1.12 EPS. On average, analysts expect Cathay General Bancorp to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Cathay General Bancorp Stock Up 0.5%
Shares of Cathay General Bancorp stock opened at $53.86 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.05. The company’s fifty day simple moving average is $50.89 and its two-hundred day simple moving average is $49.49. The company has a market cap of $3.61 billion, a P/E ratio of 11.86 and a beta of 0.82. Cathay General Bancorp has a 12-month low of $36.66 and a 12-month high of $54.99.
Cathay General Bancorp Increases Dividend
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Cathay General Bancorp in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $52.50.
Get Our Latest Stock Analysis on Cathay General Bancorp
Insiders Place Their Bets
In other news, CEO Chang Liu sold 4,836 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $50.35, for a total value of $243,492.60. Following the sale, the chief executive officer directly owned 127,819 shares of the company’s stock, valued at $6,435,686.65. This represents a 3.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas M. Lo sold 1,000 shares of the company’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $50.23, for a total transaction of $50,230.00. Following the completion of the sale, the executive vice president directly owned 2,000 shares in the company, valued at $100,460. This represents a 33.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.76% of the stock is currently owned by insiders.
Institutional Trading of Cathay General Bancorp
Hedge funds and other institutional investors have recently modified their holdings of the business. Danske Bank A S purchased a new stake in shares of Cathay General Bancorp in the 3rd quarter worth about $48,000. NewEdge Advisors LLC grew its position in shares of Cathay General Bancorp by 319.7% in the 2nd quarter. NewEdge Advisors LLC now owns 1,704 shares of the bank’s stock worth $78,000 after buying an additional 1,298 shares during the period. Strs Ohio purchased a new stake in shares of Cathay General Bancorp in the 1st quarter worth about $112,000. HighTower Advisors LLC purchased a new stake in shares of Cathay General Bancorp in the 4th quarter worth about $206,000. Finally, Cibc World Markets Corp purchased a new stake in shares of Cathay General Bancorp in the 4th quarter worth about $213,000. 75.01% of the stock is owned by hedge funds and other institutional investors.
Cathay General Bancorp Company Profile
Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California, trading on NASDAQ under the symbol CATY. Its principal subsidiary, Cathay Bank, provides a full suite of financial services to commercial, institutional and retail clients. As a community-focused institution, the company emphasizes relationship banking and tailored solutions for businesses and individuals.
Founded in 1962 by a group of Chinese American entrepreneurs, Cathay has expanded from a single branch operation in downtown Los Angeles into one of the largest Asian-American banks in the United States.
Featured Stories
Receive News & Ratings for Cathay General Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cathay General Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
