MARKET

CATY

CATY

Cathay Gnl Bncp
NASDAQ
35.04
+0.08
+0.23%
After Hours: 35.04 0 0.00% 16:01 04/26 EDT
OPEN
34.86
PREV CLOSE
34.96
HIGH
35.28
LOW
34.73
VOLUME
195.17K
TURNOVER
0
52 WEEK HIGH
45.72
52 WEEK LOW
26.20
MARKET CAP
2.55B
P/E (TTM)
7.75
1D
5D
1M
3M
1Y
5Y
Cathay General Bancorp Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Cathay General Bancorp's quarterly revenues came in 6.6% below expectations, at US$175m. Revenues are expected to fall to US$729.8m in 2024. The analysts have also downgraded their earnings per share estimates for the company. The consensus price target for the stock is US$39.50. We have compiled the latest statutory forecasts for Cathay General bancorp.
Simply Wall St · 12h ago
What 4 Analyst Ratings Have To Say About Cathay General
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The average price target for Cathay General is $40.75, down 7.39% from the previous average of $44.00. The company's revenue growth over a period of 3 months has faced challenges. Cathay general has a strong financial performance.
Benzinga · 1d ago
Cathay General Bancorp Is Maintained at Hold by Truist Securities
Dow Jones · 1d ago
Cathay General Bancorp Price Target Cut to $38.00/Share From $40.00 by Truist Securities
Dow Jones · 1d ago
CATHAY GENERAL BANCORP <CATY.O>: TRUIST SECURITIES CUTS TARGET PRICE TO $38 FROM $40
Reuters · 1d ago
Cathay General Bancorp: In Distress Until Rates Are Cut
Seeking Alpha · 2d ago
Cathay General Bancorp First Quarter 2024 Earnings: Revenues Disappoint
Cathay General Bancorp's revenue is forecast to grow 2.2% p.a. In the next 2 years. The company's share price is broadly unchanged from a week ago. There are 2 warning signs for Cathay General bancorp that you need to take into consideration.
Simply Wall St · 2d ago
CATHAY GENERAL BANCORP <CATY.O>: STEPHENS CUTS TARGET PRICE TO $40 FROM $41
Reuters · 2d ago
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About CATY
Cathay General Bancorp is the holding company of Cathay Bank, a California state-chartered commercial bank (the Bank). The Bank services individuals, professionals, and small to medium-sized businesses in the local markets in which its branches are located and provides commercial real estate loans, commercial loans, United States Small Business Administration loans, residential mortgage loans, real estate construction loans, home equity lines of credit, and installment loans to individuals for, household and other consumer expenditures. It offers products and services to businesses, such as checking and deposit, lines of credit, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services. It offers similar services that are available to consumers. It provides financial services to diverse commercial and professional businesses in its market areas.

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