Cathay General Bancorp (CATY) Expected to Announce Quarterly Earnings on Wednesday

Cathay General Bancorp (NASDAQ:CATY) will likely be releasing 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. Individuals can find conference call details on 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 issued 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. Cathay General Bancorp had a net margin of 23.79% and a return on equity of 11.37%. The firm had revenue of $213.20 million during the quarter, compared to analysts’ expectations of $211.26 million. During the same quarter in the previous year, the company earned $0.98 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. 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 Stock Down 0.4%

Shares of NASDAQ:CATY opened at $61.39 on Wednesday. The company has a 50 day moving average price of $59.13 and a two-hundred day moving average price of $54.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $4.12 billion, a PE ratio of 12.66 and a beta of 0.86. Cathay General Bancorp has a 52 week low of $43.65 and a 52 week high of $63.72.

Cathay General Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Thursday, May 28th were issued a $0.38 dividend. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.52 annualized dividend and a dividend yield of 2.5%. Cathay General Bancorp’s payout ratio is 31.34%.

Cathay General Bancorp announced that its board has approved a share buyback plan on Thursday, April 23rd that permits the company to repurchase $150,000.00 billion in shares. This repurchase authorization permits the bank to buy up to 4,164,630.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Cathay General Bancorp news, Vice Chairman Peter Wu sold 20,000 shares of Cathay General Bancorp stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $57.33, for a total value of $1,146,600.00. Following the sale, the insider owned 275,252 shares of the company’s stock, valued at $15,780,197.16. This trade represents a 6.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 completion of the sale, the senior vice president owned 2,693 shares in the company, valued at approximately $150,808. This trade represents a 17.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.53% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Danske Bank A S acquired a new stake in Cathay General Bancorp in the 3rd quarter valued at approximately $48,000. NewEdge Advisors LLC grew its stake in shares of Cathay General Bancorp by 319.7% during the 2nd quarter. NewEdge Advisors LLC now owns 1,704 shares of the bank’s stock worth $78,000 after acquiring an additional 1,298 shares in the last quarter. Strs Ohio acquired a new stake in shares of Cathay General Bancorp in the first quarter valued at approximately $112,000. HighTower Advisors LLC acquired a new position in Cathay General Bancorp during the fourth quarter worth $206,000. Finally, Cibc World Markets Corp bought a new position in Cathay General Bancorp in the fourth quarter valued at $213,000. 75.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Cathay General Bancorp in a report on Monday, July 6th. Keefe, Bruyette & Woods increased their price target on Cathay General Bancorp from $55.00 to $58.00 and gave the stock a “market perform” rating in a report on Thursday, April 23rd. Piper Sandler raised their price target on Cathay General Bancorp from $45.00 to $47.00 and gave the stock an “underweight” rating in a research report on Monday, April 27th. Finally, Zacks Research upgraded 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 issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus 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.