Earnings Summary

Cathay General Bancorp’s revenue jumped 68.39% since last year same period to $344.59Mn in the Q2 2024. On a quarterly growth basis, Cathay General Bancorp has generated 1.65% jump in its revenue since last 3-months.

Cathay General Bancorp’s net profit fell -28.31% since last year same period to $66.83Mn in the Q2 2024. On a quarterly growth basis, Cathay General Bancorp has generated -6.45% fall in its net profits since last 3-months.

Cathay General Bancorp’s net profit margin fell -57.43% since last year same period to 19.39% in the Q2 2024. On a quarterly growth basis, Cathay General Bancorp has generated -7.97% fall in its net profit margins since last 3-months.

Cathay General Bancorp’s price-to-earnings ratio after this Q2 2024 earnings stands at 11.2.

Cathay General Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.95 - a 1.06% jump from last quarter’s estimates.

Cathay General Bancorp’s earning per share (EPS) estimates for the current year stand at 0.95.

Cathay General Bancorp’s earning per share (EPS) fell -28.13% since last year same period to 0.92 in the Q2 2024. This indicates that the Cathay General Bancorp has generated -28.13% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cathay General Bancorp’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cathay General Bancorp’s return on equity (ROE) stands at 0.11.