Stock events for Cathay General Bancorp (CATY)
Over the past six months, Cathay General Bancorp's stock has trended upwards. In the third quarter of 2025, revenues exceeded market expectations, but GAAP earnings per share missed analysts' consensus estimates. The company declared a quarterly dividend of $0.34 per share. The stock experienced a drop due to concerns about deteriorating loan quality across the industry. Keefe, Bruyette & Woods and DA Davidson raised their price objective for CATY, while Wall Street Zen and Seeking Alpha upgraded the stock. As of November 26, 2025, CATY was trading at $49.13.
Demand Seasonality affecting Cathay General Bancorp’s stock price
There is no explicit information available regarding demand seasonality for Cathay General Bancorp's products and services.
Overview of Cathay General Bancorp’s business
Cathay General Bancorp is a bank holding company operating Cathay Bank, a California state-chartered commercial bank founded in 1962, providing commercial banking services to businesses and individuals, with a notable presence in Asian-American communities. It operates within the Financials sector, specifically in the Regional Banks or State Commercial Banks industry. Cathay Bank offers a comprehensive suite of banking products and services including checking accounts, commercial loans, real estate financing, SBA loans, treasury management, and international banking services for commercial clients. For individual customers, Cathay Bank provides personal checking and savings accounts, residential mortgages, home equity lines of credit, and wealth management services.
CATY’s Geographic footprint
Cathay General Bancorp's geographic footprint extends across nine states in the United States, with branches in California, New York, Washington, Illinois, Texas, Maryland, Massachusetts, Nevada, and New Jersey. Internationally, it maintains a branch in Hong Kong and representative offices in Beijing, Shanghai, and Taipei, facilitating cross-border banking relationships between the United States and Asia.
CATY Corporate Image Assessment
Cathay General Bancorp has maintained a positive brand reputation, with Cathay Bank being recognized among the top banks in the nation by Forbes for five consecutive years. Cathay General Bancorp was ranked #8 on S&P Global Market Intelligence's 2022 ranking of U.S. public banks by financial performance. Broader concerns about regional bank stability and unfavorable ESG ratings could influence public perception.
Ownership
Cathay General Bancorp's ownership largely consists of institutional investors including BlackRock, Inc., Invesco Ltd., Vanguard Fiduciary Trust Co., DFA Australia Ltd., and Charles Schwab Investment Management Inc. Other institutional holders include CIBC Bancorp USA Inc., Coldstream Capital Management Inc., Ameriprise Financial Inc., Sei Investments Co., Capital Fund Management S.A., Franklin Resources Inc., Russell Investments Group Ltd., Victory Capital Management Inc., American Century Companies Inc., Dana Investment Advisors Inc., Ameritas Investment Partners Inc., Citigroup Inc., and Jupiter Asset Management Ltd.
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