Cathay General BancorpCATY

NasdaqFinanceState Commercial Banks
Price (close)
$61.45
Market cap
$4.1B
P/E
11.8x
Revenue (TTM)
$58.8M
Net income
$347.3M
Dividend yield
2.41%
1-year total return
30.5%
Net margin
590.4%
Revenue growth
11.3%
Debt / equity
0.04x

What Cathay General Bancorp does.

Cathay General Bancorp (the “Bancorp” on a parent-only basis, and the “Company,” “we,” “us” or “our” on a consolidated basis) is a corporation that was organized in 1990 under the laws of the State of Delaware. The Bancorp is the holding company of Cathay Bank, a California state-chartered commercial bank (“Cathay Bank” or the “Bank”), and twelve limited partnerships investing in affordable housing investments in which the Bank is the sole limited partner. The Bancorp also owns 100% of the common stock of five statutory business trusts created for the purpose of issuing capital securities.

Our principal place of business is located at 777 North Broadway, Los Angeles, California 90012, with our main telephone number at (213) 625-4700. Certain of our administrative offices are located at 9650 Flair Drive, El Monte, California 91731. Our common stock is traded on the NASDAQ Global Select Market, and our trading symbol is “CATY”.

The Bancorp is regulated as a bank holding company by the Board of Governors of the Federal Reserve System (“Federal Reserve”). Cathay Bank is regulated as a California commercial bank by the California Department of Financial Protection and Innovation (“DFPI”) and the Federal Deposit Insurance Corporation (“FDIC”).

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$32.2M$39.1M$42.2M$43.9M$52.3M$53.8M
Net income$228.9M$298.3M$360.6M$354.1M$286.0M$315.1M
Free cash flow$314.2M$330.6M$464.0M$381.3M$325.5M$363.7M

More on CATY.

Figures from Cathay General Bancorp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.