LOS ANGELES--(BUSINESS WIRE)-- #CathayBank--Cathay Bank is excited to announce the upcoming 48th Annual Charity Golf Tournament scheduled for May 28, 2025. The prestigious event will once again unfold at the Industry Hills Golf Club at Pacific Palms Resort in the City of Industry, California. This annual charity golf tournament has become a cornerstone in the community, bringing together golf e...
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its first quarter 2025 financial results after the markets close on Monday, April 21, 2025. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webc...
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on March 10, 2025, to stockholders of record at the close of business on February 27, 2025. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (Nasdaq: CATY) is the holding company for Cathay Bank, a California state-c...
Cathay General Bancorp's net interest margin will benefit from the rollover of Chinese New Year promotional deposits, deposit mix improvement, and interest rate cuts. I'm reducing my loan growth estimate to 3.5%. Unemployment rates in CATY's markets have improved, but they're still quite high based on peer comparison. Unlike the last couple of years, CATY is not planning to invest in any solar ...
Cathay General Bancorp (NASDAQ:CATY ) Q4 2024 Earnings Conference Call January 22, 2025 6:00 PM ET Company Participants Georgia Lo - Investor Relations Chang Liu - President and Chief Executive Officer Heng Chen - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Opera...
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company,” “we,” “us,” or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter and year ended December 31, 2024. The Company reported net income of $286.0 million, or $3.95 per diluted share, for the year ended December 31, 2024 and net income of $80.2 million, or $1....
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, announced that Mr. Kim R. Bingham will retire as Chief Risk Officer of Cathay Bank, effective January 21, 2025. Mr. Bingham will continue to serve Cathay Bank as Executive Vice President, Special Advisor to the Office of the President for a transition period that is anticipated to end on or...
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, is scheduled to announce its fourth quarter and full year 2024 financial results after the markets close on Wednesday, January 22, 2025. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conf...
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