Cathay General Bancorp Second Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]
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
Company Research
Source: Yahoo! Finance
Net income: US$66.8m (down 28% from 2Q 2023). Profit margin: 39% (down from 48% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. EPS: US$0.92 (down from US$1.29 in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Cathay General Bancorp EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%. Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's share price is broadly unchanged from a week ago. Risk Analysis Be aware that Cathay General Bancorp is showing 2 warning signs in our investment analysis and 1 of those can't be ignored... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywa
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CATY
News
- Cathay Bank Foundation Announces the 2024 Scholarship Recipients, The Rising Stars of Our CommunitiesBusiness Wire
- Cathay General Bancorp (NASDAQ: CATY) had its price target raised by analysts at Wedbush from $50.00 to $52.00. They now have an "outperform" rating on the stock.MarketBeat
- Cathay General Bancorp Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Cathay General Bancorp GAAP EPS of $0.94 misses by $0.01, revenue of $189.52M beats by $7.48M [Seeking Alpha]Seeking Alpha
- Cathay General Bancorp Announces Third Quarter 2024 ResultsBusiness Wire
CATY
Earnings
- 10/21/24 - Miss
CATY
Sec Filings
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- 11/8/24 - Form 10-Q
- CATY's page on the SEC website