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CATY

Cathay General Bancorp

$44.99

Earnings Summary

Revenue
$189.78Mn
Net Profits
$88.98Mn
Net Profit Margins
46.88%
PE Ratio
11.04

Highlights

Revenue:

Cathay General Bancorp’s revenue jumped 18.18% since last year same period to $189.78Mn in the Q2 2022. On a quarterly growth basis, Cathay General Bancorp has generated 5.77% jump in its revenue since last 3-months.

Net Profits:

Cathay General Bancorp’s net profit jumped 15.26% since last year same period to $88.98Mn in the Q2 2022. On a quarterly growth basis, Cathay General Bancorp has generated 18.59% jump in its net profits since last 3-months.

Net Profit Margins:

Cathay General Bancorp’s net profit margin fell -2.47% since last year same period to 46.88% in the Q2 2022. On a quarterly growth basis, Cathay General Bancorp has generated 12.12% jump in its net profit margins since last 3-months.

PE Ratio:

Cathay General Bancorp’s price-to-earnings ratio after this Q2 2022 earnings stands at 11.04.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cathay General Bancorp post its latest quarter earnings

EPS Estimate Current Quarter
1.27
EPS Estimate Current Year
1.27

Highlights

EPS Estimate Current Quarter:

Cathay General Bancorp’s earning per share (EPS) estimates for the current quarter stand at 1.27 - a 8.55% jump from last quarter’s estimates.

EPS Estimate Current Year:

Cathay General Bancorp’s earning per share (EPS) estimates for the current year stand at 1.27.

Key Ratios

Key ratios of the Cathay General Bancorp post its Q2 2022 earnings

Earning Per Share (EPS)
1.18
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
0.68

Highlights

Earning Per Share (EPS):

Cathay General Bancorp’s earning per share (EPS) jumped 21.65% since last year same period to 1.18 in the Q2 2022. This indicates that the Cathay General Bancorp has generated 21.65% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 0.02.

Earning Per Share (EPS):

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 0.13.

Dividend Per Share (DPS):

Cathay General Bancorp declared 0.68 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.91
0.99
8.79%
2022-06-30
1.17
1.18
0.85%

Company Information

Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank. Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 38 branches in California, 10 branches in New York State, four in Washington State, three in the Chicago, two in Texas, one in Maryland, one in Massachusetts, one in Nevada, one in New Jersey, one in Hong Kong, and a representative office in Beijing, Shanghai and Taipei.

Organisation
Cathay General Bancorp
Headquarters
Los Angeles, California, US
Employees
1.2K
Industry
Finance
CEO
Pin Tai