Cathay General Bancorp(CATY) Stock Research - Grey Stern Research

Cathay General Bancorp (CATY) Stock Analysis

$48.55 (1.80%)

CATY Financial Performance


Use the table below to view Cathay General Bancorp's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $48.55 -
52 Week Low $33.88 -
52 Week High $55.29 -
Market Cap $3.5 Billion 3/16
Gross Margin 100% 1/16
Profit Margin 19% 5/16
EBITDA margin 22% 4/16
Q3 - 2024 Revenue $359.3 Million 1/16
Q3 - 2024 Earnings $67.5 Million 1/16
Q3 - 2024 Free Cash Flow $82.7 Million 2/16
Trailing 4 Quarters Revenue $1.2 Billion 1/16
Trailing 4 Quarters Earnings $288.3 Million 1/16
Quarterly Earnings Growth -18% 10/16
Annual Earnings Growth -20% 12/16
Quarterly Revenue Growth 86% 8/16
Annual Revenue Growth 53% 11/16
Cash On Hand $0 8/16
Short Term Debt $0 8/16
Long Term Debt $0 14/16

Cathay General Bancorp Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Cathay General Bancorp's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 11.99 11/16
PS 2.80 4/16
PB 1.22 4/16
PC -1.00 8/16
Liabilities to Equity 7.22 12/16
ROA 0.01 2/16
ROE 0.10 5/16
Current Ratio 1.14 2/16
Quick Ratio 0.00 8/16
Long Term Debt to Equity 0.00 14/16
Debt to Equity 0.00 15/16
Burn Rate 0.00 5/16
Cash to Cap 0.00 8/16
CCR 1.22 5/16
EV to EBITDA 44.23 11/16
EV to Revenue 2.80 11/16

Company Details

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, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.

CEO: Mr. Pin Tai

Website: https://www.cathaygeneralbancorp.com

Address: 777 N BROADWAY Los Angeles, CALIFORNIA

Exchange: NASDAQ Global Select

Industry: Banks—Regional

Cathay General Bancorp Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Cathay General Bancorp. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Capitol Federal Financial, Inc. CFFN $762.1 Million
Heritage Financial Corporation HFWA $840.5 Million
Glacier Bancorp, Inc. GBCI $5.8 Billion
Byline Bancorp, Inc. BY $1.3 Billion
ConnectOne Bancorp, Inc. CNOB $887.1 Million
First Financial Bankshares, Inc. FFIN $5.3 Billion
Sierra Bancorp BSRR $429.8 Million
First Northwest Bancorp FNWB $100.6 Million
First Financial Northwest, Inc. FFNW $193.6 Million
Greene County Bancorp, Inc. GCBC $454.3 Million
Community West Bancshares CWBC $354.3 Million
HMN Financial, Inc. HMNF $125.0 Million
Coastal Financial Corporation CCB $1.3 Billion
CrossFirst Bankshares, Inc. CFB $739.2 Million
Finward Bancorp FNWD $117.8 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
CATY Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 359.3 Million $67.5 Million
Q2 2024 $ 344.6 Million $66.8 Million
Q1 2024 $ 173.3 Million $71.4 Million
Q4 2023 $ 356.2 Million $82.5 Million
Q3 2023 $ 193.5 Million $82.4 Million
Q2 2023 $ 204.6 Million $93.2 Million
Q1 2023 $ 206.7 Million $96.0 Million
Q4 2022 $ 213.9 Million $97.6 Million

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CATY Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $0 $23.3 Billion $0 $2.8 Billion
Q2 2024 $160.4 Million $23.2 Billion $337.3 Million $2.8 Billion
Q1 2024 $165.3 Million $23.4 Billion $136.7 Million $2.8 Billion
Q4 2023 $174.0 Million $23.1 Billion $709.7 Million $2.7 Billion
Q3 2023 $145.6 Million $22.8 Billion $189.5 Million $2.6 Billion
Q2 2023 $187.9 Million $23.0 Billion $990.4 Million $2.6 Billion
Q1 2023 $252.0 Million $22.0 Billion $534.2 Million $2.5 Billion
Q4 2022 $195.4 Million $22.0 Billion $659.3 Million $2.5 Billion

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CATY Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $82.7 Million $1.4 Million $233.8 Million
Q2 2024 $72.4 Million -$533,000 -$70.9 Million
Q1 2024 $0 $0 $0
Q4 2023 $502,000 $0 $502,000
Q3 2023 $82,400 $0 $82,400
Q2 2023 $90.0 Million -$667,000 $348.9 Million
Q1 2023 $120.9 Million -$295,000 -$29.1 Million
Q4 2022 $97.1 Million -$297,000 -$100.9 Million

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