Cathay General Bancorp (CATY) Set to Announce Quarterly Earnings on Wednesday

Cathay General Bancorp (NASDAQ:CATY) is projected to post its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect Cathay General Bancorp to announce earnings of $1.45 per share and revenue of $227.45 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 6:00 PM ET.

Cathay General Bancorp (NASDAQ:CATY) last issued its earnings results on Wednesday, July 22nd. The bank reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. Cathay General Bancorp had a return on equity of 11.71% and a net margin of 24.66%. The business had revenue of $221.20 million during the quarter, compared to analyst estimates of $218.28 million. During the same period in the previous year, the company posted $1.10 EPS. The firm’s revenue was up 13.1% compared to the same quarter last year. On average, analysts expect Cathay General Bancorp to post $5.54 EPS for the current fiscal year and $5.96 EPS for the next fiscal year.

Cathay General Bancorp Price Performance

CATY stock opened at $59.96 on Monday. The stock’s 50 day simple moving average is $61.60 and its 200 day simple moving average is $59.54. Cathay General Bancorp has a fifty-two week low of $44.57 and a fifty-two week high of $65.25. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $4.00 billion, a P/E ratio of 11.71 and a beta of 0.89.

Cathay General Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Friday, August 28th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Friday, August 28th. Cathay General Bancorp’s dividend payout ratio (DPR) is 29.69%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CATY shares. DA Davidson boosted their price objective on Cathay General Bancorp from $56.00 to $66.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. Zacks Research cut Cathay General Bancorp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Keefe, Bruyette & Woods lifted their price target on shares of Cathay General Bancorp from $64.00 to $67.00 and gave the company a “market perform” rating in a research report on Thursday, July 23rd. Benchmark raised shares of Cathay General Bancorp to a “hold” rating in a research report on Wednesday, September 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Cathay General Bancorp in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $62.25.

Insider Activity

In other Cathay General Bancorp news, EVP Thomas M. Lo sold 1,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $62.47, for a total transaction of $99,952.00. Following the completion of the sale, the executive vice president directly owned 2,362 shares of the company’s stock, valued at approximately $147,554.14. The trade was a 40.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard Sun sold 20,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $63.31, for a total value of $1,266,200.00. Following the completion of the sale, the director directly owned 7,315 shares of the company’s stock, valued at approximately $463,112.65. This trade represents a 73.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 31,600 shares of company stock worth $1,996,362. 4.53% of the stock is owned by insiders.

Cathay General Bancorp Company Profile

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California. Its principal subsidiary, Cathay Bank, provides banking and financial services to individuals, businesses and institutions through branch offices, digital banking channels and other delivery platforms.

Cathay Bank offers deposit products, commercial and consumer lending, residential and commercial real estate financing, small business loans, trade finance and cash management services. The bank also provides online and mobile banking, wealth management and other financial services designed to support personal and business banking needs.

Founded in 1962, Cathay Bank has historically served communities in the United States with strong ties to the Chinese-American and broader Asian-American markets.