Cathay General Bancorp's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 41 out of 397 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 54.80.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its 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
41 / 397
Overall Ranking
84 / 4521
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative-
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 1.24, 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.