Equity multiplier, or assets relative to shareholders' equity, comes in at 8.01 for Cathay General Bancorp; that's greater than it is for 86.72% of US stocks.
With a year-over-year growth in debt of -49.87%, Cathay General Bancorp's debt growth rate surpasses only 6.4% of about US stocks.
Cathay General Bancorp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 18.73%, greater than the shareholder yield of 89.98% of stocks in our set.
Stocks that are quantitatively similar to CATY, based on their financial statements, market capitalization, and price volatility, are TRMK, FMNB, AMNB, RBNC, and FHB.
Cathay General Bancorp offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses across California, New York State, Chicago, Washington State, Texas, Maryland, Massachusetts, Nevada, New Jersey, Hong Kong, Taipei and Shanghai. The company was founded in 1990 and is based in Los Angeles, California.
LOS ANGELES , Jan. 12, 2021 /PRNewswire/ -- Cathay General Bancorp (NASDAQ: CATY ), the holding company for Cathay Bank, is scheduled to announce its fourth quarter and full year 2020 financial results after the markets close on Wednesday, January 27 , 2021. … Full story available on Benzinga.com
Investment Thesis In the third quarter, Los Angeles, California-based Cathay General Bancorp (CATY) reported core EPS of $0.73. The two major variances versus my previous expectations were a lower loan loss provision and higher core expenses. When looking back on my bullish thesis, one can see that I am fundamentally...
Earnings of Cathay General Bancorp (NASDAQ: CATY) will likely increase next year mostly due to a lower provision expense. CATY has already built up a large loan loss reserve that will likely limit the need for further provisioning. Additionally, CATY’s margin will likely improve in the coming quarters due to...
Sheen Bay Research on Seeking Alpha | December 22, 2020
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]