Cathay General Bancorp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 63/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 51.20.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Cathay General Bancorp's Score
Industry at a Glance
Industry Ranking
63 / 403
Overall Ranking
119 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Hold
Current Rating
51.200
Target Price
+2.81%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Cathay General Bancorp Highlights
StrengthsRisks
Cathay General Bancorp is the holding company of Cathay Bank (the Bank). The Bank offers a range of financial services and operates over 60 branches across the United States in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. It also has a branch outlet in Hong Kong, and representative offices in Beijing, Shanghai, and Taipei. The Bank provides financial services to diverse commercial and professional businesses in its market areas. It offers products and services to businesses, such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services. Through its Cathay Wealth Management business unit, the Bank offers clients a range of investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 34.26%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 34.26%.
Overvalued
The company’s latest PB is 1.18, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 52.15M shares, increasing 0.22% quarter-over-quarter.
Cathay General Bancorp is the holding company of Cathay Bank (the Bank). The Bank offers a range of financial services and operates over 60 branches across the United States in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. It also has a branch outlet in Hong Kong, and representative offices in Beijing, Shanghai, and Taipei. The Bank provides financial services to diverse commercial and professional businesses in its market areas. It offers products and services to businesses, such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services. Through its Cathay Wealth Management business unit, the Bank offers clients a range of investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
Ticker SymbolCATY
CompanyCathay General Bancorp
CEOLiu (Chang M)
Websitehttps://www.cathaybank.com/
FAQs
What is the current price of Cathay General Bancorp (CATY)?
The current price of Cathay General Bancorp (CATY) is 50.000.
What is the symbol of Cathay General Bancorp?
The ticker symbol of Cathay General Bancorp is CATY.
What is the 52-week high of Cathay General Bancorp?
The 52-week high of Cathay General Bancorp is 51.945.
What is the 52-week low of Cathay General Bancorp?
The 52-week low of Cathay General Bancorp is 36.055.
What is the market capitalization of Cathay General Bancorp?
The market capitalization of Cathay General Bancorp is 3.41B.
What is the net income of Cathay General Bancorp?
The net income of Cathay General Bancorp is 285.98M.
Is Cathay General Bancorp (CATY) currently rated as Buy, Hold, or Sell?
According to analysts, Cathay General Bancorp (CATY) has an overall rating of Hold, with a price target of 51.200.
What is the Earnings Per Share (EPS TTM) of Cathay General Bancorp (CATY)?
The Earnings Per Share (EPS TTM) of Cathay General Bancorp (CATY) is 4.348.