Truist reiterated coverage of Cathay General Bancorp with a rating of and set a new price target of $38.00 from $33.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/9/2024 | Equal-Weight → Overweight | Stephens | |
| 11/6/2023 | $31.00 | Neutral → Underweight | Piper Sandler |
| 7/14/2022 | $45.00 | Equal-Weight | Stephens |
Cathay General Bancorp (NASDAQ:CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on March 10, 2025, to stockholders of record at the close of business on February 27, 2025. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (NASDAQ:CATY) is the holding company for Cathay Bank, a California state-chartered bank. Cathay General Bancorp's website is at www.cathaygeneralbancorp.com. Founded in 1962, Cathay Bank offers a wide range of financial services and currently operates over 60 branches across the nation in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. Overseas, it h
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 and year ended December 31, 2024. The Company reported net income of $286.0 million, or $3.95 per diluted share, for the year ended December 31, 2024 and net income of $80.2 million, or $1.12 per diluted share, for the fourth quarter of 2024. FINANCIAL PERFORMANCE Three months ended Year ended December 31, (unaudited) December 31, 2024 September 30, 2024 December 31, 2023 2024 2023 Net income $80.2 million $ 67.5 million $82.5 million $286.0 million $354.1 milli
Cathay General Bancorp (NASDAQ:CATY), the holding company for Cathay Bank, is scheduled to announce its fourth quarter and full year 2024 financial results after the markets close on Wednesday, January 22, 2025. Cathay General Bancorp has scheduled a conference call as set forth below. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Date: Wednesday, January 22, 2025 Time: 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time) Duration: 1 hour Dial-In Number: (833) 816-1377 Conference ID: 10195683 Participants should join the live conference call 5 to
Cathay General Bancorp (NASDAQ:CATY), the holding company for Cathay Bank, announced that Mr. Kim R. Bingham will retire as Chief Risk Officer of Cathay Bank, effective January 21, 2025. Mr. Bingham will continue to serve Cathay Bank as Executive Vice President, Special Advisor to the Office of the President for a transition period that is anticipated to end on or about March 31, 2025, but will no longer be a designated executive officer of Cathay Bank. Succeeding Mr. Bingham is Ms. Diana Deen, who will join Cathay Bank as Executive Vice President and Chief Risk Officer effective January 21, 2025, and will be a designated executive officer of Cathay Bank. Diana Deen, age 62, has over 20
Cathay General Bancorp (NASDAQ:CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on March 10, 2025, to stockholders of record at the close of business on February 27, 2025. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (NASDAQ:CATY) is the holding company for Cathay Bank, a California state-chartered bank. Cathay General Bancorp's website is at www.cathaygeneralbancorp.com. Founded in 1962, Cathay Bank offers a wide range of financial services and currently operates over 60 branches across the nation in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. Overseas, it h
In response to the devastating wildfires impacting Southern California, Cathay Bank, through the Cathay Bank Foundation, raised $600,000 in philanthropic donations in support of relief efforts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250207821455/en/Cathay Bank and Cathay Bank Foundation presented a $600,000 check to representatives from local nonprofits who will benefit from the funds raised for the California Wildfire Recovery. (Photo: Business Wire) "We are deeply committed to supporting our communities. This disaster is personal to us. Southern California has been our home for more than six decades. Los Angeles is our
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 and year ended December 31, 2024. The Company reported net income of $286.0 million, or $3.95 per diluted share, for the year ended December 31, 2024 and net income of $80.2 million, or $1.12 per diluted share, for the fourth quarter of 2024. FINANCIAL PERFORMANCE Three months ended Year ended December 31, (unaudited) December 31, 2024 September 30, 2024 December 31, 2023 2024 2023 Net income $80.2 million $ 67.5 million $82.5 million $286.0 million $354.1 milli
10-K - CATHAY GENERAL BANCORP (0000861842) (Filer)
8-K - CATHAY GENERAL BANCORP (0000861842) (Filer)
8-K - CATHAY GENERAL BANCORP (0000861842) (Filer)
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4 - CATHAY GENERAL BANCORP (0000861842) (Issuer)
4 - CATHAY GENERAL BANCORP (0000861842) (Issuer)
SC 13G/A - CATHAY GENERAL BANCORP (0000861842) (Subject)
SC 13G - CATHAY GENERAL BANCORP (0000861842) (Subject)
SC 13G - CATHAY GENERAL BANCORP (0000861842) (Subject)
Stephens upgraded Cathay Bancorp from Equal-Weight to Overweight
Piper Sandler downgraded Cathay Bancorp from Neutral to Underweight and set a new price target of $31.00
Stephens initiated coverage of Cathay Bancorp with a rating of Equal-Weight and set a new price target of $45.00