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Stock impact report

Cathay General Bancorp Announces Third Quarter 2024 Results

Cathay General Bancorp (CATY) 
Last cathay general bancorp earnings: 4/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: cathaybank.com/cathay-general/home
Company Research Source: Business Wire
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 ended September 30, 2024. The Company reported net income of $67.5 million, or $0.94 per diluted share, for the third quarter of 2024.FINANCIAL PERFORMANCEThree months ended(unaudited)September 30, 2024June 30, 2024September 30, 2023Net income$ 67.5 million$ 66.8 million$ 82.4 millionBasic earnings per common share$0.94$0.92$1.14Diluted earnings per common share$0.94$0.92$1.13Return on average assets1.15%1.15%1.42%Return on average total stockholders' equity9.50% Show less Read more
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