Cathay General Bancorp (CATY): Price and Financial Metrics


Cathay General Bancorp (CATY): $40.94

0.71 (+1.76%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CATY POWR Grades


  • CATY scores best on the Stability dimension, with a Stability rank ahead of 83.82% of US stocks.
  • CATY's strongest trending metric is Stability; it's been moving up over the last 48 weeks.
  • CATY's current lowest rank is in the Value metric (where it is better than 34.58% of US stocks).

CATY Stock Summary

  • CATY's went public 30.79 years ago, making it older than 83.53% of listed US stocks we're tracking.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 7.89 for Cathay General Bancorp; that's greater than it is for 85.74% of US stocks.
  • With a year-over-year growth in debt of -52.37%, Cathay General Bancorp's debt growth rate surpasses just 8.7% of about US stocks.
  • If you're looking for stocks that are quantitatively similar to Cathay General Bancorp, a group of peers worth examining would be FMNB, EFSC, EMCF, SYBT, and PBCT.
  • CATY's SEC filings can be seen here. And to visit Cathay General Bancorp's official web site, go to www.cathaygeneralbancorp.com.

CATY Valuation Summary

  • CATY's price/sales ratio is 4.9; this is 53.12% higher than that of the median Financial Services stock.
  • CATY's price/sales ratio has moved down 0.2 over the prior 243 months.
  • CATY's price/sales ratio has moved down 0.2 over the prior 243 months.

Below are key valuation metrics over time for CATY.

Stock Date P/S P/B P/E EV/EBIT
CATY 2017-01-25 6.4 1.6 17.5 13.4
CATY 2013-10-01 4.9 1.2 18.6 15.8
CATY 2013-07-31 5.0 1.2 18.8 16.3
CATY 2010-11-19 13.4 0.8 -19.1 -38.2
CATY 2008-05-23 2.4 0.8 6.3 19.4
CATY 2002-09-16 7.2 2.9 16.4 9.3

CATY Growth Metrics

  • Its 2 year net cashflow from operations growth rate is now at 58.29%.
  • Its year over year revenue growth rate is now at -1.66%.
  • Its 4 year revenue growth rate is now at 33.6%.
Over the past 70 months, CATY's revenue has gone up $216,438,000.

The table below shows CATY's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-06-30 626.212 314.101 278.27
2021-03-31 581.709 316.493 255.392
2020-12-31 537.43 319.955 228.86
2020-09-30 536.018 344.351 225.344
2020-06-30 560.425 433.687 241.385
2020-03-31 591.517 442.814 259.308

CATY's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • CATY has a Quality Grade of C, ranking ahead of 43.89% of graded US stocks.
  • CATY's asset turnover comes in at 0.033 -- ranking 329th of 437 Banking stocks.
  • WTFC, USB, and PACW are the stocks whose asset turnover ratios are most correlated with CATY.

The table below shows CATY's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.033 1 0.019
2021-03-31 0.030 1 0.017
2020-12-31 0.028 1 0.014
2020-09-30 0.029 1 0.014
2020-06-30 0.030 1 0.016
2020-03-31 0.033 1 0.018

CATY Price Target

For more insight on analysts targets of CATY, see our CATY price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $43.60 Average Broker Recommendation 1.8 (Moderate Buy)

CATY Stock Price Chart Interactive Chart >

Price chart for CATY

CATY Price/Volume Stats

Current price $40.94 52-week high $45.19
Prev. close $40.23 52-week low $20.78
Day low $40.07 Volume 353,900
Day high $41.05 Avg. volume 346,564
50-day MA $38.94 Dividend yield 3.03%
200-day MA $38.85 Market Cap 3.20B

Cathay General Bancorp (CATY) Company Bio


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.


CATY Latest News Stream


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Latest CATY News From Around the Web

Below are the latest news stories about Cathay General Bancorp that investors may wish to consider to help them evaluate CATY as an investment opportunity.

Those who invested in Cathay General Bancorp (NASDAQ:CATY) a year ago are up 99%

If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than...

Yahoo | September 26, 2021

Cathay General Bancorp Announces New Share Repurchase Program

Cathay General Bancorp (CATY), the holding company for Cathay Bank, recently announced a share repurchase program under which it will repurchase up to $125 million worth of its common stock. Following the news, shares of the company appreciated 1.6% to close at $39.79 on Friday. The new share repurchase program comes hot on the heels of the $75,000,000 share repurchase program, which was announced on April 1, 2021, and completed on August 5, 2021, with the repurchase of 1,832,481 shares at an average cost of $40.93. (See Cathay General Bancorp stock chart on TipRanks) Recently, Truist Financial analyst Brandon King reiterated a Hold rating on the stock.

Pathikrit Bose on TipRanks | September 6, 2021

Cathay General Bancorp (CATY) Up 1.6% on New Share Buyback Plan

Cathay General Bancorp's (CATY) announcement of new share repurchase authorization will enhance shareholder value.

Yahoo | September 6, 2021

Cathay General Bancorp Adopts New Share Repurchase Program

LOS ANGELES, Sept. 2, 2021 /PRNewswire/ -- Cathay General Bancorp (the "Company", Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $125,000,000 of the Company''s

PR Newswire | September 2, 2021

Cathay General Bancorp To Buy Back Up To $125 Mln Of Common Stock

(RTTNews) - Cathay General Bancorp (CATY) said that its board has adopted a new share repurchase program authorizing the company to repurchase up to $125 million of the company''s common stock. The $75 million share repurchase program announced on April 1, 2021, was completed on August 5, 2021, with the repurchase of 1.83 million shares at an

Business Insider Markets | September 2, 2021

Read More 'CATY' Stories Here

CATY Price Returns

1-mo 1.56%
3-mo 4.68%
6-mo 1.96%
1-year 98.89%
3-year 10.23%
5-year 54.69%
YTD 30.20%
2020 -11.64%
2019 17.48%
2018 -18.47%
2017 13.40%
2016 24.37%

CATY Dividends

Ex-Dividend Date Type Payout Amount Change
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