Cathay General Bancorp Announces Third Quarter 2024 Results
Cathay General Bancorp (CATY)
Last cathay general bancorp earnings: 4/27 04:30 pm
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US:NASDAQ Investor Relations:
cathaybank.com/cathay-general/home
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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%
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News
- Cathay General Bancorp (NASDAQ: CATY) was upgraded by analysts at Stephens from an "equal weight" rating to an "overweight" rating.MarketBeat
- Cathay General Bancorp (NASDAQ: CATY) had its price target raised by analysts at Keefe, Bruyette & Woods from $45.00 to $56.00. They now have a "market perform" rating on the stock.MarketBeat
- Super Micro Ended Loan Pacts That Had Become More Burdensome [Yahoo! Finance]Yahoo! Finance
- Cathay General Bancorp's (NASDAQ:CATY) Dividend Will Be $0.34 [Yahoo! Finance]Yahoo! Finance
- Cathay General Bancorp Declares $0.34 Per Share DividendBusiness Wire
CATY
Earnings
- 10/21/24 - Miss
CATY
Sec Filings
- 12/23/24 - Form 4
- 12/11/24 - Form 4
- 12/9/24 - Form 4
- CATY's page on the SEC website