Weekly Analysts’ Ratings Updates for Cathay General Bancorp (CATY)

Several analysts have recently updated their ratings and price targets for Cathay General Bancorp (NASDAQ: CATY):

• 7/23/2026 – Cathay General Bancorp had its price target raised by DA Davidson from $56.00 to $66.00. They now have a “neutral” rating on the stock.
• 7/23/2026 – Cathay General Bancorp had its price target raised by Stephens from $56.00 to $63.00. They now have an “equal weight” rating on the stock.
• 7/23/2026 – Cathay General Bancorp had its price target raised by Keefe, Bruyette & Woods from $64.00 to $67.00. They now have a “market perform” rating on the stock.
• 7/6/2026 – Cathay General Bancorp had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 6/23/2026 – Cathay General Bancorp was upgraded by Zacks Research from “hold” to “strong-buy”.

Cathay General Bancorp Announces Dividend

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

Insider Buying and Selling

In related news, Vice Chairman Peter Wu sold 20,000 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $57.33, for a total transaction of $1,146,600.00. Following the completion of the transaction, the insider owned 275,252 shares in the company, valued at approximately $15,780,197.16. This represents a 6.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 transaction of $31,248.00. Following the completion of the sale, the senior vice president owned 2,693 shares in the company, valued at $150,808. The trade was a 17.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 4.53% of the stock is owned by company insiders.

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.