Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses in the United States. It offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, college certificates of deposit, and public funds deposits. The Company's loan portfolio consists of commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for automobile, household, and other consumer expenditures. In addition, it provides letters of credit, wire transfers, forward currency spot and forward contracts, traveler's checks, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up windows, automatic teller machines, Internet banking, investment, and other customary bank services, as well as securities and insurance products.

Show more

Employee Rating

2.8More
TypePublic
HQLos Angeles, US
Founded1962
Size (employees)1,271 (est)+13%
Websitecathaybank.com
Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Cathay General Bancorp Office Locations

Cathay General Bancorp has offices in Los Angeles, City of Industry and El Monte
Los Angeles, (HQ)
777 N Broadway
El Monte,
9650 Flair Dr
Show all (3)
Report incorrect company information

Cathay General Bancorp Financials and Metrics

Cathay General Bancorp Revenue

Cathay General Bancorp's revenue was reported to be $532.44 m in FY, 2016 which is a 9.5% increase from the previous period.
USD

Net income (Q3, 2018)

69.8m

Market capitalization (4-Dec-2018)

3.0b

Closing stock price (4-Dec-2018)

37.5

Cash (30-Sep-2018)

582.0m

EV

2.6b
Cathay General Bancorp's current market capitalization is $3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

407.0m459.2m486.4m532.4m

Revenue growth, %

13%6%9%

Cost of goods sold

82.3m74.0m81.2m

Gross profit

324.7m412.4m451.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cost of goods sold

18.5m19.4m19.6m17.0m17.6m19.2m20.0m20.1m20.3m18.7m18.3m20.9m24.4m27.5m31.8m

Sales and marketing expense

22.6m

Operating expense total

48.1m42.5m42.6m44.1m47.6m57.5m51.6m68.9m50.7m51.9m56.7m61.2m61.0m63.1m66.0m

EBIT

82.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

153.7m176.8m180.1m218.0m247.1m

Accounts Receivable

24.3m25.4m30.6m57.0k

Inventories

8.1b10.2b11.2b12.9b

PP&E

102.0m99.7m108.9m105.6m103.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

123.7m137.8m161.1m175.1m176.0m

Depreciation and Amortization

6.7m7.1m7.6m7.5m7.3m

Inventories

Accounts Payable

Quarterly
USDY, 2018

EV/CFO

11.1 x

Debt/Equity

0.1 x

Financial Leverage

7.8 x
Show all financial metrics

Cathay General Bancorp Operating Metrics

Cathay General Bancorp's Total Loans was reported to be $11.6b in Q2, 2017.
Show all operating metrics
Report incorrect company information

Cathay General Bancorp Online and Social Media Presence

Embed Graph
Report incorrect company information

Cathay General Bancorp News and Updates

Cathay General Bancorp Adopts Additional Share Repurchase Program

LOS ANGELES, Oct. 26, 2018 /PRNewswire/ -- Cathay General Bancorp (the "Company", NASDAQ: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted an additional share repurchase program authorizing the Company to repurchase up to $45,000,000 of the...

Cathay General Bancorp Announces Third Quarter 2018 Results

LOS ANGELES, Oct. 17, 2018 /PRNewswire/ -- Cathay General Bancorp (the "Company", "we", "us", or "our" NASDAQ: CATY), the holding company for Cathay Bank, today announced net income of $69.8 million, or $0.85 per share, for the third quarter of 2018. FINANCIAL PERFORMANCE Three months...

Cathay General Bancorp to Announce Third Quarter 2018 Financial Results

LOS ANGELES, Oct. 5, 2018 /PRNewswire/ -- Cathay General Bancorp (NASDAQ: CATY), the holding company for Cathay Bank, is scheduled to announce its third quarter 2018 financial results after the markets close on Wednesday, October 17, 2018. Cathay General Bancorp has scheduled a conference ...

Cathay General Bancorp Declares $0.24 Per Share Dividend

LOS ANGELES, Aug. 16, 2018 /PRNewswire/ -- Cathay General Bancorp (NASDAQ: CATY) announced today that its Board of Directors declared a cash dividend of twenty-four cents per common share, payable on September 14, 2018, to stockholders of record at the close of business on September 4,...
Report incorrect company information

Cathay General Bancorp Company Life and Culture

Report incorrect company information

Cathay General Bancorp Frequently Asked Questions

  • When was Cathay General Bancorp founded?

    Cathay General Bancorp was founded in 1962.

  • How many employees does Cathay General Bancorp have?

    Cathay General Bancorp has 1,271 employees.

  • Who are Cathay General Bancorp competitors?

    Competitors of Cathay General Bancorp include United Financial Bancorp, BOK Financial and Mercantile Bank.

  • Where is Cathay General Bancorp headquarters?

    Cathay General Bancorp headquarters is located at 777 N Broadway, Los Angeles.

  • Where are Cathay General Bancorp offices?

    Cathay General Bancorp has offices in Los Angeles, City of Industry and El Monte.

  • How many offices does Cathay General Bancorp have?

    Cathay General Bancorp has 3 offices.