Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest announcement is out from Cathay General Bancorp ( (CATY) ).
On January 22, 2025, Cathay General Bancorp announced its unaudited financial results for the fourth quarter and full year 2024. The company achieved a net income of $286.0 million for the year and $80.2 million for the fourth quarter. An increase in net interest margin and a rise in total deposits marked the period, though total loans decreased. These results reflect operational adjustments and strategic repurchases, impacting its financial positioning.
More about Cathay General Bancorp
Cathay General Bancorp is a financial services company primarily involved in banking. It operates as the holding company for Cathay Bank, focusing on providing financial services and products, including loans and deposits, to diverse markets.
YTD Price Performance: 3.52%
Average Trading Volume: 328,153
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.47B
See more data about CATY stock on TipRanks’ Stock Analysis page.
