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

Cathay General Bancorp (NASDAQ:CATY) is expected to release its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect Cathay General Bancorp to post earnings of $1.45 per share and revenue of $227.45 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 21, 2026 at 6:00 PM ET.

Cathay General Bancorp (NASDAQ:CATY) last released its earnings results on Wednesday, July 22nd. The bank reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Cathay General Bancorp had a return on equity of 11.71% and a net margin of 24.66%. The business had revenue of $221.20 million during the quarter, compared to the consensus estimate of $218.28 million. During the same period last year, the business posted $1.10 earnings per share. The business’s revenue for the quarter was up 13.1% on a year-over-year basis. On average, analysts expect Cathay General Bancorp to post $5.54 EPS for the current fiscal year and $5.96 EPS for the next fiscal year.

Cathay General Bancorp Stock Down 0.5%

Shares of NASDAQ CATY opened at $59.67 on Tuesday. The business’s fifty day moving average price is $61.53 and its 200-day moving average price is $59.61. Cathay General Bancorp has a one year low of $44.57 and a one year high of $65.25. The stock has a market capitalization of $3.98 billion, a PE ratio of 11.65 and a beta of 0.89. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.04.

Cathay General Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Friday, August 28th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $1.52 annualized dividend and a yield of 2.5%. Cathay General Bancorp’s dividend payout ratio is 29.69%.

Insider Buying and Selling

In other news, EVP Thomas M. Lo sold 1,600 shares of Cathay General Bancorp stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $62.47, for a total transaction of $99,952.00. Following the sale, the executive vice president owned 2,362 shares of the company’s stock, valued at approximately $147,554.14. The trade was a 40.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard Sun sold 1,000 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $62.31, for a total value of $62,310.00. Following the completion of the sale, the director directly owned 2,200 shares in the company, valued at approximately $137,082. The trade was a 31.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 31,600 shares of company stock valued at $1,996,362. Insiders own 4.53% of the company’s stock.

Analyst Ratings Changes

CATY has been the topic of several research reports. Keefe, Bruyette & Woods boosted their price target on shares of Cathay General Bancorp from $64.00 to $67.00 and gave the company a “market perform” rating in a research report on Thursday, July 23rd. DA Davidson upped their price target on shares of Cathay General Bancorp from $56.00 to $66.00 and gave the company a “neutral” rating in a research note on Thursday, July 23rd. Zacks Research downgraded shares of Cathay General Bancorp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Stephens boosted their target price on shares of Cathay General Bancorp from $56.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Cathay General Bancorp in a report on Friday, October 2nd. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Cathay General Bancorp currently has an average rating of “Hold” and a consensus target price of $62.25.

Cathay General Bancorp Company Profile

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California. Its principal subsidiary, Cathay Bank, provides banking and financial services to individuals, businesses and institutions through branch offices, digital banking channels and other delivery platforms.

Cathay Bank offers deposit products, commercial and consumer lending, residential and commercial real estate financing, small business loans, trade finance and cash management services. The bank also provides online and mobile banking, wealth management and other financial services designed to support personal and business banking needs.

Founded in 1962, Cathay Bank has historically served communities in the United States with strong ties to the Chinese-American and broader Asian-American markets.