Education
About Us
Working with TipRanks
Follow Us
Cathay General Bancorp (CATY)
NASDAQ:CATY
Earnings Data
Report Date
Jul 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.1Last Year’s EPS
0.92Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 21, 2025
|% Change Since: 9.30%
|Next Earnings Date:Jul 28, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with several positive aspects such as an increase in net interest margin and deposit growth, but also significant challenges including a decrease in net income, reduced non-interest income, and increased tax rates. The revision of loan growth guidance due to economic uncertainties further dampens the outlook.Company Guidance
During the first quarter of 2025, Cathay General Bancorp reported a net income of $69.5 million, reflecting a 13.3% decline from the previous quarter. The diluted earnings per share dropped by 12.5% to $0.98. The company completed its $125 million stock repurchase program by buying back 876,906 shares at an average price of $46.83 per share. Total gross loans slightly decreased by $23 million, or 0.5% annualized, with significant changes in various loan categories, including a $100 million drop in commercial loans and a $127 million increase in CRE loans. Despite economic uncertainties, the bank adjusted its loan growth guidance for 2025 to a range of 1% to 4%. The net interest margin rose to 3.25% from 3.07% in the previous quarter, prompting an upward revision of the 2025 NIM guidance to 3.35%. Non-interest income decreased by $4.3 million, while non-interest expenses rose by $0.5 million. The provision for credit loss increased to $15.5 million, largely due to one commercial client, raising the reserve to loan ratio to 0.91%. Total deposits grew by $131 million, with uninsured deposits at $8.5 billion, accounting for 42.7% of total deposits. The company's tier one leverage capital ratio increased slightly to 11.06%.Net Interest Margin Increase
The net interest margin increased to 3.25% for Q1 2025 from 3.07% for Q4 2024, leading to an increase in 2025 NIM guidance to 3.35%.
Net Charge-Offs Decrease
Net charge-offs decreased significantly to $2 million in Q1 2025 compared to $16.3 million in Q4 2024.
Loan Portfolio Stability
The average loan-to-value of CRE loans remained at 49% with a decrease in non-accrual loans by $14.5 million to $154.6 million.
Deposit Growth
Total deposits increased by $131 million or 2.7% annualized during Q1 2025, with a rise in core deposits by $67 million.
---
CATY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CATY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 21, 2025 | $38.60 | $41.35 | +7.12% |
| Jan 22, 2025 | $48.42 | $46.54 | -3.88% |
| Oct 21, 2024 | $43.98 | $44.77 | +1.80% |
| Jul 22, 2024 | $42.10 | $42.38 | +0.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Cathay General Bancorp (CATY) report earnings?
Cathay General Bancorp (CATY) is schdueled to report earning on Jul 28, 2025, TBA Not Confirmed.
What is Cathay General Bancorp (CATY) earnings time?
Cathay General Bancorp (CATY) earnings time is at Jul 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CATY EPS forecast?
CATY EPS forecast for the fiscal quarter 2025 (Q2) is 1.1.
---