CATHAY GENERAL BANCORP CATY

Financials SIC 6022 - State Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived Nasdaq

Cathay General Bancorp (the "Bancorp" on a parent-only basis, and the "Company," "we," "us" or "our" on a consolidated basis) is a corporation that was organized in 1990 under the laws of the State of Delaware. The Bancorp is the holding company of Cathay Bank, a California state-chartered commercial bank ("Cathay Bank" or the "Bank"), and twelve limited partnerships investing in affordable housing investments in which the Bank is the sole limited partner. The Bancorp also owns 100% of the common stock of five statutory business trusts created for the purpose of issuing capital securities.

Our principal place of business is located at 777 North Broadway, Los Angeles, California 90012, with our main telephone number at (213) 625-4700. Certain of our administrative offices are located at 9650 Flair Drive, El Monte, California 91731. Our common stock is traded on the NASDAQ Global Select Market, and our trading symbol is "CATY".

Last close 64.30 2026-10-23
Market cap $4.29B 2026-06-30 share count
52-week range 44.57 - 65.25

Valuation FY2025 figures against the last close

P/S79.7x
P/E14.2x
P/FCF11.8x
EV/EBITDA—
Dividend yield2.2%
Diluted EPS4.54

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $53.8M$52.3M$43.9M$42.2M$39.1M$32.2M$31.5M$28.0M$25.6M$25.5M
Interest expense $742.5M$674.1M$741.7M$733.7M$68.8M$148.5M$194.4M$122.1M$80.4M$81.2M
Pre-tax income $390.2M$317.5M$403.6M$472.5M$381.8M$254.0M$349.4M$337.7M$298.3M$242.2M
Income tax $75.1M$31.6M$49.5M$111.9M$83.5M$25.1M$70.2M$65.8M$122.3M$67.1M
Net income $315.1M$286.0M$354.1M$360.6M$298.3M$228.9M$279.1M$271.9M$176.0M$175.1M
EPS, basic 4.553.974.884.853.812.883.493.352.192.21
EPS, diluted 4.543.954.864.833.802.873.483.332.172.19
Shares, diluted (wtd. avg.) 69.5M72.3M72.9M74.7M78.6M79.8M80.2M81.6M81.0M79.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $146.3M$157.2M$174.0M$195.4M$134.1M$138.6M$177.2M$225.3M$534.8M$1.19B
Short-term investments ———————$375.0M$292.7M$967.1M
Property, plant and equipment $87.6M$88.7M$91.1M$94.8M$99.4M$103.0M$104.2M$103.2M$103.1M$105.6M
Goodwill $375.7M$375.7M$375.7M$375.7M$372.2M$372.2M$372.2M$372.2M$372.2M$372.2M
Other intangibles $2.7M$3.3M$4.5M$5.8M$4.6M$5.4M$6.3M$7.2M$8.1M$2.9M
Total assets $24.23B$23.05B$23.08B$21.95B$20.89B$19.04B$18.09B$16.78B$15.64B$14.52B
Short-term debt —————$0$25.7M$0——
Long-term debt $119.1M$119.1M$119.1M$119.1M$119.1M$119.1M$119.1M$189.4M$194.1M$119.1M
Total liabilities $21.30B$20.21B$20.34B$19.47B$18.44B$16.62B$15.80B$14.66B$13.67B$12.69B
Retained earnings $2.91B$2.69B$2.50B$2.24B$1.99B$1.79B$1.66B$1.48B$1.28B$1.18B
Total equity $2.93B$2.85B$2.74B$2.47B$2.45B$2.42B$2.29B$2.12B$1.97B$1.83B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $368.6M$329.2M$384.7M$467.4M$334.3M$320.0M$435.0M$336.5M$248.9M$234.4M
Depreciation and amortisation $6.6M$7.2M$8.4M$10.0M$8.0M$7.7M$6.8M$7.3M$7.3M$7.5M
Stock-based compensation ———————$8.0M$5.7M$5.0M
Capital expenditure $4.9M$3.6M$3.4M$3.4M$3.7M$5.8M$7.1M$6.7M$3.2M$3.5M
Investing cash flow -$857.3M$184.0M-$1.48B-$1.85B-$859.9M-$242.2M-$1.38B-$1.13B-$904.0M-$853.5M
Financing cash flow $873.6M-$302.5M$758.7M$94.7M$1.55B$749.5M$940.2M$863.3M$4.8M$1.09B
Dividends paid $93.8M$98.0M$98.6M$101.0M$99.3M$98.7M$99.1M$83.4M$69.9M$59.3M
Buybacks $180.3M$84.7M$16.7M$141.3M$167.1M$23.6M$36.3M$42.6M$0$54.4M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-012477.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 100M 200M 300M 400M Revenue, FY2016: 25.5M Net income, FY2016: 175.1M Revenue, FY2017: 25.6M Net income, FY2017: 176M Revenue, FY2018: 28M Net income, FY2018: 271.9M Revenue, FY2019: 31.5M Net income, FY2019: 279.1M Revenue, FY2020: 32.2M Net income, FY2020: 228.9M Revenue, FY2021: 39.1M Net income, FY2021: 298.3M Revenue, FY2022: 42.2M Net income, FY2022: 360.6M Revenue, FY2023: 43.9M Net income, FY2023: 354.1M Revenue, FY2024: 52.3M Net income, FY2024: 286M Revenue, FY2025: 53.8M Net income, FY2025: 315.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $25.5M $25.6M $28.0M $31.5M $32.2M $39.1M $42.2M $43.9M $52.3M $53.8M
Gross profit — — — — — — — — — —
Net income $175.1M $176.0M $271.9M $279.1M $228.9M $298.3M $360.6M $354.1M $286.0M $315.1M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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