Cathay General Bancorp Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [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
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Source: Yahoo! Finance
Key Financial Results Revenue: US$175.0m (down 6.1% from 3Q 2023). Net income: US$67.5m (down 18% from 3Q 2023). Profit margin: 39% (down from 44% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. EPS: US$0.94 (down from US$1.14 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Cathay General Bancorp Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 1.1%. Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. The company's share price is broadly unchanged from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Cathay General Bancorp , and understanding it should be part of your investment process. Have feedback on
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CATY
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