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Cathay General Bancorp Q2 2024 Earnings Report

Cathay General Bancorp logo
$42.86 -0.17 (-0.39%)
As of 03:59 PM Eastern
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Cathay General Bancorp EPS Results

Actual EPS
$0.92
Consensus EPS
$0.94
Beat/Miss
Missed by -$0.02
One Year Ago EPS
$1.28

Cathay General Bancorp Revenue Results

Actual Revenue
$178.53 million
Expected Revenue
$179.19 million
Beat/Miss
Missed by -$660.00 thousand
YoY Revenue Growth
-12.80%

Cathay General Bancorp Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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Cathay General Bancorp Earnings Headlines

Cathay General Bancorp is Oversold
A market crash is coming—here’s when
The stock market cycle I've used to identify the most likely day of the next market crash is the exact same indicator that helped me call the bear market of 2018... the bull market in 2020... the bear market in 2022... the roaring bull markets in 2023 and 2024... and more. I'm convinced it has helped me identify the next big crash too. We are at an important juncture in the markets. Knowing what to do in the months to come is critical.
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About Cathay General Bancorp

Cathay General Bancorp (NASDAQ:CATY) operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, safe deposit, collection, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, California.

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