Cathay General Bancorp (CATY): Price and Financial Metrics


Cathay General Bancorp (CATY): $40.29

0.23 (+0.57%)

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 83.28% of US stocks.
  • CATY's strongest trending metric is Stability; it's been moving up over the last 31 weeks.
  • CATY's current lowest rank is in the Growth metric (where it is better than 15.43% of US stocks).

CATY Stock Summary

  • CATY's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 85.68% of US stocks.
  • With a year-over-year growth in debt of -63.02%, Cathay General Bancorp's debt growth rate surpasses merely 5.71% 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 16.93%, greater than the shareholder yield of 86.7% of stocks in our set.
  • Stocks that are quantitatively similar to CATY, based on their financial statements, market capitalization, and price volatility, are INDB, FHB, HMN, RBCAA, and CASS.
  • 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

  • In comparison to the median Financial Services stock, CATY's price/earnings ratio is 0.78% higher, now standing at 12.9.
  • Over the past 243 months, CATY's EV/EBIT ratio has gone down $1.6.
  • Over the past 243 months, CATY's price/sales ratio has gone up $1.

Below are key valuation metrics over time for CATY.

Stock Date P/S P/B P/E EV/EBIT
CATY 2018-03-20 6.4 1.7 19.5 12.2
CATY 2016-02-26 5.4 1.3 14.3 10.5
CATY 2014-10-01 5.0 1.3 15.2 11.0
CATY 2013-10-31 5.1 1.3 19.1 16.1
CATY 2007-11-16 4.4 1.5 11.3 19.6
CATY 2004-03-04 12.7 4.8 30.3 23.6

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 $44.20 Average Broker Recommendation 1.8 (Moderate Buy)

CATY Stock Price Chart Interactive Chart >

Price chart for CATY

CATY Price/Volume Stats

Current price $40.29 52-week high $45.19
Prev. close $40.06 52-week low $20.59
Day low $40.00 Volume 51,564
Day high $40.40 Avg. volume 361,582
50-day MA $41.25 Dividend yield 3.1%
200-day MA $34.42 Market Cap 3.21B

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.

Cathay General Bancorp: Positive Earnings Outlook Appears Priced-In

Photo by ClaudineVM/iStock Editorial via Getty ImagesEarnings of Cathay General Bancorp (NASDAQ: CATY) will likely receive a boost in the year ahead from continued loan growth on the back of an economic recovery and slowdown in mortgage payoffs. Acquisition of some of HSBC's branches will likely boost loans early next...

Sheen Bay Research on Seeking Alpha | June 7, 2021

What are Citizens Bank and Cathay Bank, the buyers of more than 90 of HSBC's US branches?

After four decades of operating in the United States, HSBC is preparing to exit its American retail banking business for mass-market customers and small businesses to focus primarily on wealthy clients and big, international corporations. As a stand-alone retail bank, HSBC said its scale could not compete effectively with the biggest US banks, JPMorgan Chase, Bank of America, Citibank and Wells Fargo. HSBC, the biggest of Hong Kong's three currency-issuing banks, is putting more resources to work in Asia to tap rising incomes in the Greater Bay Area and other parts of the region, shifting capital from underperforming businesses in the US and Europe. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of c...

Yahoo | May 28, 2021

Cathay Bank to Acquire 10 Branches and Select West Coast Loans and Deposits from HSBC

Cathay General Bancorp (Nasdaq: CATY) announced that its subsidiary bank, Cathay Bank, has entered into a purchase and assumption agreement with HSBC Bank USA, National Association ("HSBC"), to purchase 10 HSBC retail branches in California and additional loans and deposits associated with HSBC's West Coast mass retail market consumer banking business and retail business banking business.

Yahoo | May 28, 2021

HSBC withdrawing from US retail and small business banking market

SAN FRANCISCO: HSBC announced that it is exiting the retail and small business banking market in the United States, in line with its strategy to refocus on corporate and investment banking in Asia. The London-headquartered, Asia-focused giant intends to focus on the banking and wealth management needs of globally connected affluent and high net worth clients, it said in a statement late Wednesday. Of its 148 US branches, 90 are to be sold, including to Citizens Bank and Cathay General Bancorp. The bank plans to turn about 20 locations into international centres dedicated to high net worth individuals, and gradually wind down the remaining 35-40 branches. They are good businesses, but we lacked the scale to compete, said Noel Quinn, the groups chief executive, in the statement. This next...

The Sun Daily | May 27, 2021

HSBC to exit US retail banking sector amid sale talks

London-headquartered HSBC is to exit its US retail and small business banking market in a strategic move to focus more heavily on its main corporate and investment banking presence across Asia. The bank said in a statement towards the end of Wednesday 26 May it would exit retail banking for most individual and small business customers but retain a small physical presence in the US to serve its international affluent and very wealthy clients. Ninety of its 148 US branches are to be sold with HSBC talking to Citizens Bank and Cathay General Bancorp among others about a deal which will be subject to regulatory approvals. HSBC said it planned to turn about 20 locations into international centres for high-net worth individuals, and wind down the remaining 35-40 branches. "They are good busin...

International Investment | May 27, 2021

Read More 'CATY' Stories Here

CATY Price Returns

1-mo 0.71%
3-mo -3.09%
6-mo N/A
1-year 70.60%
3-year 6.96%
5-year 68.67%
YTD 27.12%
2020 -11.64%
2019 17.48%
2018 -18.47%
2017 13.40%
2016 24.37%

CATY Dividends

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