Cathay General Bancorp (CATY) Projected to Release Quarterly Earnings on Wednesday

Cathay General Bancorp (NASDAQ:CATY) is projected to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $1.33 per share and revenue of $218.2750 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 6:00 PM ET.

Cathay General Bancorp (NASDAQ:CATY) last announced its quarterly earnings data on Wednesday, April 22nd. The bank reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.10. The business had revenue of $213.20 million during the quarter, compared to analyst estimates of $211.26 million. Cathay General Bancorp had a net margin of 23.79% and a return on equity of 11.37%. The company’s revenue was up 14.4% on a year-over-year basis. During the same period last year, the firm posted $0.98 EPS. On average, analysts expect Cathay General Bancorp to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Cathay General Bancorp Trading Down 1.1%

Cathay General Bancorp stock opened at $62.00 on Tuesday. Cathay General Bancorp has a 1 year low of $43.65 and a 1 year high of $63.91. The firm’s 50 day moving average price is $59.56 and its 200-day moving average price is $54.38. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $4.16 billion, a P/E ratio of 12.78 and a beta of 0.86.

Cathay General Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Thursday, May 28th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Thursday, May 28th. Cathay General Bancorp’s dividend payout ratio (DPR) is presently 31.34%.

Cathay General Bancorp declared that its board has authorized a stock buyback plan on Thursday, April 23rd that authorizes the company to buyback $150,000.00 billion in shares. This buyback authorization authorizes the bank to purchase up to 4,164,630.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Cathay General Bancorp

In other news, SVP May K. Chan sold 558 shares of the business’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $56.00, for a total value of $31,248.00. Following the sale, the senior vice president directly owned 2,693 shares in the company, valued at $150,808. The trade was a 17.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Vice Chairman Peter Wu sold 20,000 shares of the company’s stock in a transaction dated 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 sale, the insider owned 275,252 shares in the company, valued at $15,780,197.16. This represents a 6.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.53% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CATY. Invesco Ltd. raised its position in Cathay General Bancorp by 6.7% during the fourth quarter. Invesco Ltd. now owns 1,685,203 shares of the bank’s stock valued at $81,547,000 after purchasing an additional 105,484 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Cathay General Bancorp by 7.7% in the 4th quarter. Bank of New York Mellon Corp now owns 669,527 shares of the bank’s stock valued at $32,398,000 after purchasing an additional 48,034 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Cathay General Bancorp by 13.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 580,038 shares of the bank’s stock worth $28,068,000 after purchasing an additional 67,898 shares during the period. Millennium Management LLC boosted its holdings in shares of Cathay General Bancorp by 375.1% in the 3rd quarter. Millennium Management LLC now owns 420,509 shares of the bank’s stock worth $20,189,000 after purchasing an additional 331,997 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Cathay General Bancorp by 25.0% during the 3rd quarter. Bank of America Corp DE now owns 386,291 shares of the bank’s stock valued at $18,546,000 after purchasing an additional 77,228 shares during the last quarter. Hedge funds and other institutional investors own 75.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CATY shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Cathay General Bancorp in a report on Monday, July 6th. Piper Sandler raised their price objective on Cathay General Bancorp from $45.00 to $47.00 and gave the company an “underweight” rating in a research report on Monday, April 27th. Keefe, Bruyette & Woods raised their price objective on Cathay General Bancorp from $55.00 to $58.00 and gave the company a “market perform” rating in a research report on Thursday, April 23rd. Finally, Zacks Research raised Cathay General Bancorp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $51.75.

Cathay General Bancorp Company Profile

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.