Cathay General Bancorp Aktie News

A slew of regional banks just announced substantial new share buyback authorizations. Regional banks are mid-sized to small financial institutions that tend to serve a particular part of the country.

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $150,000,000 of the Company's common stock. The previous $125,000,000 share repurchase program announced on May 28, 2024, was completed on February 28,...

Analysts at the firm rolled out their coverage of 32 regional banks ahead of annual regulatory stress tests in June.

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on June 9, 2025, to stockholders of record at the close of business on May 29, 2025. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (Nasdaq: CATY) is the holding company for Cathay Bank, a California state-chartere...

Cathay General Bancorp faces stagnation with a high loan-to-deposit ratio and limited flexibility, but its tangible book value justifies a hold rating. Loan growth is constrained, and average loan yields are declining, but deposit costs are decreasing, offering some hope for future performance. Heavy exposure to CRE loans increases risk, but prudent LTV ratios and low net charge-offs indicate h...

Cathay General Bancorp (NASDAQ:CATY ) Q1 2025 Earnings Conference Call April 21, 2025 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President and CEO Heng Chen - EVP, CFO and Treasurer Conference Call Participants Andrew Leischner - KBW Gary Tenner - D.A. Davidson Andrew Terrell - Stevens Adam Butler - Piper Sandler Operator Good afternoon, ladies and gentlemen, and welcome to the...

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended March 31, 2025. The Company reported net income of $69.5 million, or $0.98 per diluted share, for the first quarter of 2025. FINANCIAL PERFORMANCE Three months ended (unaudited) March...

LOS ANGELES--(BUSINESS WIRE)-- #CathayBank--Cathay Bank is excited to announce the upcoming 48th Annual Charity Golf Tournament scheduled for May 28, 2025. The prestigious event will once again unfold at the Industry Hills Golf Club at Pacific Palms Resort in the City of Industry, California. This annual charity golf tournament has become a cornerstone in the community, bringing together golf e...