NASDAQ
CATY

Cathay General Bancorp

Banks-Regional
Financial Services

Prices are adjusted according to historical splits.

Cathay General Bancorp Stock Price

Vitals

Today's Low:
$32.89
Today's High:
$34.25
Open Price:
$33.08
52W Low:
$32.89
52W High:
$46.5876
Prev. Close:
$33.82
Volume:
867316

Company Statistics

Market Cap.:
$2.43 billion
Book Value:
34.011
Revenue TTM:
$775.97 million
Operating Margin TTM:
68.14%
Gross Profit TTM:
$775.97 million
Profit Margin:
46.48%
Return on Assets TTM:
1.68%
Return on Equity TTM:
14.66%

Company Profile

Cathay General Bancorp had its IPO on 1990-12-17 under the ticker symbol CATY.

The company operates in the Financial Services sector and Banks-Regional industry. Cathay General Bancorp has a staff strength of 1,178 employees.

Stock update

Shares of Cathay General Bancorp opened at $33.08 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $32.89 - $34.25, and closed at $34.13.

This is a +0.92% increase from the previous day's closing price.

A total volume of 867,316 shares were traded at the close of the day’s session.

In the last one week, shares of Cathay General Bancorp have slipped by -8.91%.

Cathay General Bancorp's Key Ratios

Cathay General Bancorp has a market cap of $2.43 billion, indicating a price to book ratio of 1.2699 and a price to sales ratio of 4.1224.

In the last 12-months Cathay General Bancorp’s revenue was $775.97 million with a gross profit of $775.97 million and an EBITDA of $0. The EBITDA ratio measures Cathay General Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cathay General Bancorp’s operating margin was 68.14% while its return on assets stood at 1.68% with a return of equity of 14.66%.

In Q4, Cathay General Bancorp’s quarterly earnings growth was a positive 35.1% while revenue growth was a positive 23.7%.

Cathay General Bancorp’s PE and PEG Ratio

Forward PE
0
Trailing PE
7.3275
PEG
2.08

Its diluted EPS in the last 12-months stands at $4.58 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.08. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cathay General Bancorp’s profitability.

Cathay General Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.1224.

Cathay General Bancorp stock pays annual dividends of $1.36 per share, indicating a yield of 3.81% and a payout ratio of 28.04%.

Balance sheet and cash flow metrics

Total Assets
$21.99 billion
Total Liabilities
$0
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
28.04%

Cathay General Bancorp ended 2023 with $21.99 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $21.99 billion while shareholder equity stood at $2.47 billion.

Cathay General Bancorp ended 2023 with $0 in deferred long-term liabilities, $0 in other current liabilities, 911000.00 in common stock, $2.24 billion in retained earnings and $375.70 million in goodwill. Its cash balance stood at $1.15 billion and cash and short-term investments were $2.63 billion. The company’s total short-term debt was $0 while long-term debt stood at $626.74 million.

Cathay General Bancorp’s total current assets stands at $1.24 billion while long-term investments were $1.82 billion and short-term investments were $1.47 billion. Its net receivables were $82.43 million compared to accounts payable of $0 and inventory worth $0.

In 2023, Cathay General Bancorp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Cathay General Bancorp paid $0.28 in dividends in 2023.

Other key metrics

Current Trading Price
$34.13
52-Week High
$46.5876
52-Week Low
$32.89
Analyst Target Price
$47.17

Cathay General Bancorp stock is currently trading at $34.13 per share. It touched a 52-week high of $46.5876 and a 52-week low of $46.5876. Analysts tracking the stock have a 12-month average target price of $47.17.

Its 50-day moving average was $41.51 and 200-day moving average was $41.41 The short ratio stood at 6.18 indicating a short percent outstanding of 0%.

Around 554.2% of the company’s stock are held by insiders while 7270.3% are held by institutions.

Frequently Asked Questions About Cathay General Bancorp

The stock symbol (also called stock or share ticker) of Cathay General Bancorp is CATY

The IPO of Cathay General Bancorp took place on 1990-12-17

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About

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, safe deposit, collection, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, California.

Address

777 North Broadway, Los Angeles, CA, United States, 90012