Several regional banks have announced substantial new share buyback authorizations, signaling industry-wide confidence in their capital strength and financial health.
Cathay General Bancorp (CATY)
Common Stock · Currency in USD · XNAS
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credit, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
Company Info
SIC6022
Composite FIGIBBG000C668L5
CIK0000861842
IPODec 17, 1990
Sectorstate commercial banks
Highlights
Market Cap$3.39B
EPS$4.52
P/E Ratio10.91
Revenue$53.70M
Gross Profit$58.19M
Net Income$310.60M
Employees1,268
WSO66,957,659
Phone(213) 625-4700
Websitehttps://www.cathaybank.com
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Cathay General Bancorp, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Cathay General Bancorp (CATY) has returned 4.42% so far this year and 37.46% over the past 12 months. Looking at the last ten years, CATY has achieved an annualized return of 5.87%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
CATY
1M1.85%
6M3.97%
YTD4.42%
1Y37.46%
5Y3.97%
10Y5.87%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Cathay General Bancorp (CATY) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.61% | -3.02% | 2.19% | 1.04% | ||||||||
| 2025 | -0.98% | 1.45% | -8.35% | -2.46% | 2.92% | 6.50% | -0.18% | 11.63% | -2.52% | -4.76% | 6.44% | 1.04% |
| 2024 | -6.58% | -5.81% | -2.68% | -8.74% | 6.14% | 1.34% | 17.72% | -0.63% | -1.85% | 7.71% | 12.16% | -9.02% |
| 2023 | 7.06% | -1.78% | -19.21% | -8.02% | -7.93% | 9.08% | 18.39% | -5.87% | -3.18% | -1.97% | 8.39% | 21.61% |
| 2022 | 3.74% | 4.60% | -4.26% | -11.01% | 2.31% | -4.65% | 7.12% | 1.35% | -8.14% | 16.74% | 2.36% | -12.71% |
| 2021 | 4.16% | 10.80% | 5.43% | -0.76% | 1.66% | -6.33% | -4.32% | 4.63% | 4.05% | 1.71% | -1.48% | |
| 2020 | -5.80% | -14.52% | -25.80% | 28.31% | 0.37% | -2.95% | -8.65% | 1.31% | -11.51% | 9.04% | 18.20% | 11.50% |
| 2019 | 12.25% | 4.44% | -12.45% | 7.23% | -8.61% | 6.91% | 2.82% | -10.56% | 5.35% | 1.63% | 2.79% | 2.67% |
| 2018 | 3.11% | -5.87% | -2.49% | 0.15% | 5.98% | -5.11% | 3.20% | 1.59% | -1.85% | -10.10% | 4.49% | -16.40% |
| 2017 | -5.50% | 7.50% | -5.75% | 0.77% | -7.21% | 6.24% | -1.78% | -6.72% | 13.75% | 3.75% | 2.75% | -2.92% |
| 2016 | 8.50% | 0.85% | -7.63% | 7.15% | 4.94% | -2.29% | -1.71% | 16.57% | 7.37% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Cathay General Bancorp (CATY) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CATY compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Cathay General Bancorp volatility is 1.08%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 24.23B | 23.05B | 23.08B | 21.95B | 20.89B | 19.04B | 18.09B | 16.78B | 15.64B | 14.52B | 13.25B | 11.52B | 10.99B | 10.69B | 10.64B |
| Equity Attributable To Parent (USD) | 2.93B | 2.85B | 2.74B | 2.47B | 2.45B | 2.42B | 2.29B | 2.12B | 1.97B | 1.83B | 1.75B | 1.60B | 1.46B | 1.62B | 1.51B |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.45M | 8.45M |
| Equity (USD) | 2.93B | 2.85B | 2.74B | 2.47B | 2.45B | 2.42B | 2.29B | 2.12B | 1.97B | 1.83B | 1.75B | 1.60B | 1.46B | 1.63B | 1.52B |
| Commitments and Contingencies (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt (USD) | 119.14M | 119.14M | 119.14M | 119.14M | 119.14M | 119.14M | 119.14M | 189.45M | 194.14M | 119.14M | 119.14M | 119.14M | 121.14M | 171.14M | 171.14M |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 21.30B | 20.21B | 20.34B | 19.47B | 18.44B | 16.62B | 15.80B | 14.66B | 13.67B | 12.69B | 11.51B | 9.91B | 9.53B | 9.06B | 9.13B |
| Liabilities (USD) | 21.30B | 20.21B | 20.34B | 19.47B | 18.44B | 16.62B | 15.80B | 14.66B | 13.67B | 12.69B | 11.51B | 9.91B | 9.53B | 9.06B | 9.13B |
| Intangible Assets (USD) | 2.68M | 3.34M | 4.46M | 5.76M | 4.63M | 5.43M | 6.30M | 7.19M | 8.06M | 2.95M | 3.68M | 3.24M | 2.23M | 6.13M | 11.60M |
| Fixed Assets (USD) | 87.58M | 88.68M | 91.10M | 94.78M | 99.40M | 103.00M | 104.24M | 103.19M | 103.06M | 105.61M | 108.92M | 99.68M | 102.05M | 102.61M | 105.96M |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 24.23B | 23.05B | 23.08B | 21.95B | 20.89B | 19.04B | 18.09B | 16.78B | 15.64B | 14.52B | 13.25B | 11.52B | 10.99B | 10.69B | 10.64B |
| Assets (USD) | 24.23B | 23.05B | 23.08B | 21.95B | 20.89B | 19.04B | 18.09B | 16.78B | 15.64B | 14.52B | 13.25B | 11.52B | 10.99B | 10.69B | 10.64B |
News and Insights
Piper Sandler has raised its price target for Cathay General Bancorp (CATY) shares to $36.00 from $32.00, maintaining an Overweight rating. The revision follows Cathay General's recent financial performance, where the company reported operating earnings per share (EPS) of $0.94, aligning with the consensus and slightly surpassing Piper Sandler's estimate.
Mitsubishi UFJ (MUFG) progresses on share repurchase activities under its 80 million buyback program. Given its strong balance sheet and liquidity position, this looks sustainable.
First Western Financial (MYFW) rewards shareholders with a new share repurchase program. The plan authorizes the buyback of up to 2 million shares for a year.
Northfield Bancorp (NFBK) announces a new share repurchase program worth $10 million, with no set expiration date. Its strong liquidity position is expected to help sustain the capital distributions.
Mitsubishi UFJ (MUFG) unveils its progress on share repurchase activities. Given its strong balance sheet and liquidity position, this looks sustainable.
Cathay General (CATY) announces a new share repurchase program worth $125 million, with no set expiration date. Its strong liquidity position is expected to help sustain the capital distribution.
In the preceding three months, 4 analysts have released ratings for Cathay General (NASDAQ:CATY), presenting a wide array of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Cathay General and provided 12-month price targets. The average target is $40.75, accompanied by a high estimate of $44.00 and a low estimate of $38.00. This current average has decreased by 7.39% from the previous average price target of $44.00. Exploring Analyst Ratings: An In-Depth Overview A comprehensive examination of how financial experts perceive Cathay General is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Brandon King Truist Securities Lowers Hold $38.00 $40.00 Christopher Mcgratty Keefe, Bruyette & Woods Lowers Market Perform $41.00 $46.00 David Chiaverini Wedbush Maintains Outperform $44.00 - Brandon King Truist Securities Lowers Hold $40.00 $46.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related ...Full story available on Benzinga.com
The headline numbers for Cathay (CATY) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cathay (CATY) delivered earnings and revenue surprises of 7.84% and 7.24%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?