Cathay General Bancorp (CATY) to Announce Earnings on Wednesday

Cathay General Bancorp (NASDAQ:CATY) is anticipated to announce its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect Cathay General Bancorp to post earnings of $1.33 per share and revenue of $218.2750 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 6:00 PM ET.

Cathay General Bancorp (NASDAQ:CATY) last released its quarterly earnings data on Wednesday, April 22nd. The bank reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.10. Cathay General Bancorp had a return on equity of 11.37% and a net margin of 23.79%.The firm had revenue of $213.20 million for the quarter, compared to analyst estimates of $211.26 million. During the same quarter in the prior year, the company earned $0.98 earnings per share. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, analysts expect Cathay General Bancorp to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Cathay General Bancorp Price Performance

Shares of CATY opened at $62.71 on Monday. The firm has a market cap of $4.20 billion, a P/E ratio of 12.93 and a beta of 0.86. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.03 and a current ratio of 1.03. Cathay General Bancorp has a 52 week low of $43.65 and a 52 week high of $63.91. The firm’s 50-day simple moving average is $59.46 and its 200 day simple moving average is $54.29.

Cathay General Bancorp declared that its board has approved a stock repurchase plan on Thursday, April 23rd that permits the company to repurchase $150,000.00 billion in outstanding shares. This repurchase authorization permits the bank to buy up to 4,164,630.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Cathay General Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Thursday, May 28th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Thursday, May 28th. Cathay General Bancorp’s payout ratio is currently 31.34%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CATY. Piper Sandler increased their target price on Cathay General Bancorp from $45.00 to $47.00 and gave the stock an “underweight” rating in a research note on Monday, April 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cathay General Bancorp in a report on Monday, July 6th. Zacks Research upgraded Cathay General Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 23rd. Finally, Keefe, Bruyette & Woods upped their price target on shares of Cathay General Bancorp from $55.00 to $58.00 and gave the company a “market perform” rating in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $51.75.

Insider Activity at Cathay General Bancorp

In other Cathay General Bancorp news, Vice Chairman Peter Wu sold 20,000 shares of Cathay General Bancorp stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $57.33, for a total value of $1,146,600.00. Following the completion of the transaction, the insider directly owned 275,252 shares of the company’s stock, valued at $15,780,197.16. The trade was a 6.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP May K. Chan sold 558 shares of Cathay General Bancorp stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $56.00, for a total value of $31,248.00. Following the completion of the transaction, the senior vice president directly owned 2,693 shares of the company’s stock, valued at $150,808. This represents a 17.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 4.53% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. CANADA LIFE ASSURANCE Co increased its holdings in Cathay General Bancorp by 0.5% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 57,646 shares of the bank’s stock valued at $2,788,000 after purchasing an additional 301 shares during the last quarter. LPL Financial LLC grew its position in Cathay General Bancorp by 5.6% in the 4th quarter. LPL Financial LLC now owns 8,685 shares of the bank’s stock valued at $420,000 after acquiring an additional 459 shares in the last quarter. Amundi grew its position in Cathay General Bancorp by 5.4% in the 3rd quarter. Amundi now owns 14,116 shares of the bank’s stock valued at $690,000 after acquiring an additional 727 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Cathay General Bancorp by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,395 shares of the bank’s stock worth $1,738,000 after purchasing an additional 760 shares during the period. Finally, Danske Bank A S purchased a new stake in Cathay General Bancorp during the third quarter worth about $48,000. Institutional investors own 75.01% of the company’s stock.

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.