Cathay General BancorpCATY
CATY
0
Funds holding %
of 7,290 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
660% more call options, than puts
Call options by funds: $76K | Put options by funds: $10K
14% more capital invested
Capital invested by funds: $2.21B [Q3] → $2.52B (+$311M) [Q4]
13% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 84
3.09% more ownership
Funds ownership: 71.35% [Q3] → 74.43% (+3.09%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
3% less funds holding
Funds holding: 247 [Q3] → 240 (-7) [Q4]
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
6%
downside
Avg. target
$52
13%
upside
High target
$57
24%
upside
3 analyst ratings
1 positive
33%
1 neutral
33%
1 negative
33%
Piper Sandler Matthew Clark 86% 1-year accuracy 19 / 22 met price target | 6%downside $43 | Underweight Maintained | 27 Jan 2025 |
Stephens & Co. Andrew Terrell 81% 1-year accuracy 25 / 31 met price target | 24%upside $57 | Overweight Maintained | 23 Jan 2025 |
Keefe, Bruyette & Woods Christopher Mcgratty 76% 1-year accuracy 13 / 17 met price target | 20%upside $55 | Market Perform Maintained | 23 Jan 2025 |
Financial journalist opinion
Based on 3 articles about CATY published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Best Value Stocks to Buy for February 18th
PFIS, CATY and RICK made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 31, 2024.
Neutral
Business Wire
1 week ago
Cathay General Bancorp Declares $0.34 Per Share Dividend
LOS ANGELES--(BUSINESS WIRE)--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, C.
Positive
Seeking Alpha
3 weeks ago
Cathay General Bancorp: Reducing The EPS Estimate, But Maintaining A Hold Rating
Cathay General Bancorp's net interest margin will benefit from the rollover of Chinese New Year promotional deposits, deposit mix improvement, and interest rate cuts. I'm reducing my loan growth estimate to 3.5%. Unemployment rates in CATY's markets have improved, but they're still quite high based on peer comparison. Unlike the last couple of years, CATY is not planning to invest in any solar tax credit investment funds in 2025. Therefore, the bottom line will take a hit.
Neutral
Seeking Alpha
1 month ago
Cathay General Bancorp (CATY) Q4 2024 Earnings Call Transcript
Cathay General Bancorp (NASDAQ:CATY ) Q4 2024 Earnings Conference Call January 22, 2025 6:00 PM ET Company Participants Georgia Lo - Investor Relations Chang Liu - President and Chief Executive Officer Heng Chen - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Matthew Clark - Piper Sandler Christopher McGratty - KBW Gary Tenner - D.A. Davidson Operator Good afternoon, ladies and gentlemen, and welcome to Cathay General Bancorp's Fourth Quarter and Full-Year 2024 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Cathay (CATY) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Cathay (CATY) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
Cathay General (CATY) Tops Q4 Earnings and Revenue Estimates
Cathay General (CATY) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.25 per share a year ago.
Neutral
Business Wire
1 month ago
Cathay General Bancorp Announces Fourth Quarter and Full Year 2024 Results
LOS ANGELES--(BUSINESS WIRE)--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 en.
Neutral
Business Wire
1 month ago
Cathay General Bancorp Announces Retirement of Chief Risk Officer of Cathay Bank and Appointment of Successor
LOS ANGELES--(BUSINESS WIRE)--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.
Neutral
Zacks Investment Research
1 month ago
Cathay (CATY) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Evaluate the expected performance of Cathay (CATY) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Negative
Zacks Investment Research
1 month ago
Earnings Preview: Cathay General (CATY) Q4 Earnings Expected to Decline
Cathay (CATY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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