Latest news with #CathayGeneralBancorp
San Francisco Chronicle
22-07-2025
- Business
- San Francisco Chronicle
Cathay: Q2 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Cathay General Bancorp (CATY) on Tuesday reported second-quarter earnings of $77.5 million. The Los Angeles-based bank said it had earnings of $1.10 per share. The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.10 per share. The holding company for Cathay Bank posted revenue of $338.3 million in the period. Its revenue net of interest expense was $196.6 million, which beat Street forecasts. _____
Yahoo
21-07-2025
- Business
- Yahoo
What To Expect From Cathay General Bancorp's (CATY) Q2 Earnings
Regional bank Cathay General Bancorp (NASDAQ:CATY) will be announcing earnings results this Tuesday after market hours. Here's what to look for. Cathay General Bancorp beat analysts' revenue expectations by 0.9% last quarter, reporting revenues of $187.8 million, up 7.2% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts' net interest income estimates but EPS in line with analysts' estimates. Is Cathay General Bancorp a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Cathay General Bancorp's revenue to grow 9.7% year on year to $195.9 million, a reversal from the 12.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.09 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Cathay General Bancorp has missed Wall Street's revenue estimates four times over the last two years. Looking at Cathay General Bancorp's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Texas Capital Bank delivered year-on-year revenue growth of 15.2%, beating analysts' expectations by 2.7%, and Nicolet Bankshares reported revenues up 12.7%, topping estimates by 4.4%. Texas Capital Bank traded up 4.8% following the results while Nicolet Bankshares was also up 7.8%. Read our full analysis of Texas Capital Bank's results here and Nicolet Bankshares's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 7.7% on average over the last month. Cathay General Bancorp is up 8.2% during the same time and is heading into earnings with an average analyst price target of $49.40 (compared to the current share price of $48.20). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Business Wire
07-07-2025
- Business
- Business Wire
Cathay General Bancorp to Announce Second Quarter 2025 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its second quarter 2025 financial results after the markets close on Tuesday, July 22, 2025. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Participants should join the live conference call 5 to 10 minutes before its scheduled start. Webcast Access: A listen-only live webcast of the call will be available at and the recorded version will be available for replay within 24 hours after the call and archived for one year. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp is a publicly traded company (Nasdaq: CATY) and is the holding company for Cathay Bank. Cathay General Bancorp's website is at Founded in 1962, Cathay Bank offers a wide range of financial services and currently operates over 60 branches across the nation in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. Overseas, it has a branch in Hong Kong, and a representative office in Beijing, Shanghai, and Taipei. To learn more about Cathay Bank, please visit
Yahoo
25-06-2025
- Business
- Yahoo
3 Reliable Dividend Stocks Offering Up To 6.8% Yield
The United States market has remained flat over the past week but has seen an 11% increase over the last year, with earnings projected to grow by 15% annually in the coming years. In this context, reliable dividend stocks can offer investors a steady income stream and potential growth opportunities, making them attractive options for those seeking stability and returns amidst fluctuating market conditions. Name Dividend Yield Dividend Rating Universal (UVV) 5.51% ★★★★★★ Southside Bancshares (SBSI) 4.98% ★★★★★☆ Peoples Bancorp (PEBO) 5.49% ★★★★★☆ Huntington Bancshares (HBAN) 3.86% ★★★★★☆ First Interstate BancSystem (FIBK) 6.85% ★★★★★★ Ennis (EBF) 5.26% ★★★★★★ Dillard's (DDS) 6.45% ★★★★★★ Credicorp (BAP) 5.15% ★★★★★☆ CompX International (CIX) 4.90% ★★★★★★ Columbia Banking System (COLB) 6.29% ★★★★★★ Click here to see the full list of 150 stocks from our Top US Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Cathay General Bancorp is the holding company for Cathay Bank, providing a range of commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States, with a market cap of approximately $3.12 billion. Operations: Cathay General Bancorp generates its revenue primarily from its banking segment, which accounts for $691.28 million. Dividend Yield: 3.1% Cathay General Bancorp offers a stable dividend with a current yield of 3.05%, though below the top quartile of US dividend payers. The company's dividends have shown reliability and stability over the past decade, supported by a low payout ratio of 34.2%, indicating sustainability. Recent announcements include a $0.34 per share dividend and an ongoing buyback program, underscoring management's commitment to returning capital to shareholders despite recent net charge-offs reported in Q1 2025. Click here to discover the nuances of Cathay General Bancorp with our detailed analytical dividend report. Our valuation report unveils the possibility Cathay General Bancorp's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★★★ Overview: First Interstate BancSystem, Inc. is a bank holding company for First Interstate Bank, offering various banking products and services across the United States with a market cap of approximately $2.88 billion. Operations: First Interstate BancSystem, Inc. generates its revenue primarily through its Community Banking segment, which accounts for $922 million. Dividend Yield: 6.8% First Interstate BancSystem offers a high dividend yield of 6.85%, ranking in the top 25% of US dividend payers, with stable and growing payments over the past decade. The payout ratio stands at 88.9%, indicating current earnings coverage, with forecasts suggesting improved sustainability. Recent developments include a $125 million fixed-income offering and executive changes, as David P. Della Camera becomes CFO, potentially impacting strategic financial decisions moving forward. Dive into the specifics of First Interstate BancSystem here with our thorough dividend report. The analysis detailed in our First Interstate BancSystem valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Preferred Bank offers a range of banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals, with a market cap of approximately $1.06 billion. Operations: Preferred Bank generates revenue primarily through its commercial banking segment, which accounts for $265.95 million. Dividend Yield: 3.5% Preferred Bank's dividend payments are well-covered by earnings, with a payout ratio of 30.3%, and have been stable over the past decade. The recent declaration of a US$0.75 per share dividend continues this trend, though its yield of 3.52% is below top-tier payers in the US market. The bank has also initiated a new share repurchase program worth up to US$125 million, signaling confidence in its financial position despite recent declines in net income and interest income. Click here and access our complete dividend analysis report to understand the dynamics of Preferred Bank. Our comprehensive valuation report raises the possibility that Preferred Bank is priced lower than what may be justified by its financials. Gain an insight into the universe of 150 Top US Dividend Stocks by clicking here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CATY FIBK and PFBC. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
25-06-2025
- Business
- Yahoo
3 Reliable Dividend Stocks Offering Up To 6.8% Yield
The United States market has remained flat over the past week but has seen an 11% increase over the last year, with earnings projected to grow by 15% annually in the coming years. In this context, reliable dividend stocks can offer investors a steady income stream and potential growth opportunities, making them attractive options for those seeking stability and returns amidst fluctuating market conditions. Name Dividend Yield Dividend Rating Universal (UVV) 5.51% ★★★★★★ Southside Bancshares (SBSI) 4.98% ★★★★★☆ Peoples Bancorp (PEBO) 5.49% ★★★★★☆ Huntington Bancshares (HBAN) 3.86% ★★★★★☆ First Interstate BancSystem (FIBK) 6.85% ★★★★★★ Ennis (EBF) 5.26% ★★★★★★ Dillard's (DDS) 6.45% ★★★★★★ Credicorp (BAP) 5.15% ★★★★★☆ CompX International (CIX) 4.90% ★★★★★★ Columbia Banking System (COLB) 6.29% ★★★★★★ Click here to see the full list of 150 stocks from our Top US Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Cathay General Bancorp is the holding company for Cathay Bank, providing a range of commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States, with a market cap of approximately $3.12 billion. Operations: Cathay General Bancorp generates its revenue primarily from its banking segment, which accounts for $691.28 million. Dividend Yield: 3.1% Cathay General Bancorp offers a stable dividend with a current yield of 3.05%, though below the top quartile of US dividend payers. The company's dividends have shown reliability and stability over the past decade, supported by a low payout ratio of 34.2%, indicating sustainability. Recent announcements include a $0.34 per share dividend and an ongoing buyback program, underscoring management's commitment to returning capital to shareholders despite recent net charge-offs reported in Q1 2025. Click here to discover the nuances of Cathay General Bancorp with our detailed analytical dividend report. Our valuation report unveils the possibility Cathay General Bancorp's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★★★ Overview: First Interstate BancSystem, Inc. is a bank holding company for First Interstate Bank, offering various banking products and services across the United States with a market cap of approximately $2.88 billion. Operations: First Interstate BancSystem, Inc. generates its revenue primarily through its Community Banking segment, which accounts for $922 million. Dividend Yield: 6.8% First Interstate BancSystem offers a high dividend yield of 6.85%, ranking in the top 25% of US dividend payers, with stable and growing payments over the past decade. The payout ratio stands at 88.9%, indicating current earnings coverage, with forecasts suggesting improved sustainability. Recent developments include a $125 million fixed-income offering and executive changes, as David P. Della Camera becomes CFO, potentially impacting strategic financial decisions moving forward. Dive into the specifics of First Interstate BancSystem here with our thorough dividend report. The analysis detailed in our First Interstate BancSystem valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Preferred Bank offers a range of banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals, with a market cap of approximately $1.06 billion. Operations: Preferred Bank generates revenue primarily through its commercial banking segment, which accounts for $265.95 million. Dividend Yield: 3.5% Preferred Bank's dividend payments are well-covered by earnings, with a payout ratio of 30.3%, and have been stable over the past decade. The recent declaration of a US$0.75 per share dividend continues this trend, though its yield of 3.52% is below top-tier payers in the US market. The bank has also initiated a new share repurchase program worth up to US$125 million, signaling confidence in its financial position despite recent declines in net income and interest income. Click here and access our complete dividend analysis report to understand the dynamics of Preferred Bank. Our comprehensive valuation report raises the possibility that Preferred Bank is priced lower than what may be justified by its financials. Gain an insight into the universe of 150 Top US Dividend Stocks by clicking here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CATY FIBK and PFBC. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
