See more : Alpha FX Group plc (AFX.L) Income Statement Analysis – Financial Results
Complete financial analysis of Cathay General Bancorp (CATY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cathay General Bancorp, a leading company in the Banks – Regional industry within the Financial Services sector.
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Cathay General Bancorp (CATY)
About Cathay General Bancorp
Cathay General Bancorp 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, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 784.06M | 790.51M | 652.36M | 594.93M | 619.66M | 596.91M | 526.38M | 451.24M | 412.42M | 383.31M | 385.00M | 367.76M | 364.58M | 330.16M | 361.35M | 314.05M | 337.01M | 300.75M | 262.87M | 231.08M | 150.11M | 120.31M | 107.98M | 103.15M | 84.50M | 74.20M | 67.90M | 52.80M | 51.10M | 47.40M | 42.90M | 41.80M | 36.50M | 32.50M | 0.00 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -359.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 784.06M | 790.51M | 652.36M | 594.93M | 619.66M | 597.27M | 526.38M | 451.24M | 412.42M | 383.31M | 385.00M | 367.76M | 364.58M | 330.16M | 361.35M | 314.05M | 337.01M | 300.75M | 262.87M | 231.08M | 150.11M | 120.31M | 107.98M | 103.15M | 84.50M | 74.20M | 67.90M | 52.80M | 51.10M | 47.40M | 42.90M | 41.80M | 36.50M | 32.50M | 0.00 |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.06% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 177.74M | 150.58M | 153.53M | 147.92M | 152.13M | 145.38M | 131.28M | 116.02M | 99.05M | 98.69M | 95.63M | 86.72M | 84.34M | 94.40M | 60.80M | 66.63M | 68.95M | 62.50M | 52.57M | 49.15M | 32.03M | 25.72M | 23.69M | 22.74M | 19.20M | 18.00M | 17.00M | 14.00M | 12.90M | 12.10M | 11.20M | 11.10M | 10.40M | 9.30M | 0.00 |
| Selling & Marketing | 5.89M | 6.86M | 6.91M | 5.22M | 7.59M | 7.84M | 6.20M | 5.09M | 4.93M | 4.13M | 3.40M | 4.61M | 3.18M | 3.16M | 2.59M | 3.62M | 3.31M | 3.46M | 2.49M | 2.47M | 1.64M | 1.41M | 1.45M | 1.17M | 1.00M | 1.00M | 1.20M | 1.10M | 1.00M | 800.00K | 700.00K | 700.00K | 600.00K | 0.00 | 0.00 |
| SG&A | 183.62M | 157.45M | 160.45M | 153.14M | 159.71M | 153.22M | 137.48M | 121.11M | 103.97M | 102.82M | 99.03M | 91.32M | 87.52M | 97.56M | 63.39M | 70.24M | 72.26M | 65.96M | 55.06M | 51.62M | 33.67M | 27.12M | 25.14M | 23.91M | 20.20M | 19.00M | 18.20M | 15.10M | 13.90M | 12.90M | 11.90M | 11.80M | 11.00M | 9.30M | 0.00 |
| Other Expenses | 0.00 | -121.85M | -430.96M | -494.11M | -430.00M | -290.28M | -92.99M | -98.39M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.55M | 2.70M | 4.60M | -1.90M | -7.60M | -17.50M | -26.80M | -23.90M | -14.70M | -200.00K | 6.40M | 9.10M |
| Operating Expenses | 247.00M | 6.86M | -270.52M | -340.97M | -270.29M | -137.52M | 6.20M | 5.09M | 4.93M | 4.13M | 3.40M | 4.61M | 3.18M | 3.16M | 2.59M | 3.62M | 3.31M | 3.46M | 2.49M | 2.47M | 1.64M | 1.41M | 1.45M | 31.45M | 22.90M | 23.60M | 16.30M | 7.50M | -3.60M | -13.90M | -12.00M | -2.90M | 10.80M | 15.70M | 9.10M |
| Cost & Expenses | 247.00M | 6.86M | -270.52M | -340.97M | -270.29M | -137.52M | 6.20M | 5.09M | 4.93M | 4.13M | 3.40M | 4.61M | 3.18M | 3.16M | 2.59M | 3.62M | 3.31M | 3.46M | 2.49M | 2.47M | 1.64M | 1.41M | 1.45M | 31.45M | 22.90M | 23.60M | 16.30M | 7.50M | -3.60M | -13.90M | -12.00M | -2.90M | 10.80M | 15.70M | 9.10M |
| Interest Income | 1.24B | 851.28M | 666.51M | 700.57M | 769.27M | 687.96M | 576.15M | 499.07M | 453.71M | 418.65M | 407.00M | 429.74M | 453.57M | 489.59M | 528.73M | 589.95M | 615.27M | 491.52M | 350.66M | 274.98M | 167.27M | 144.06M | 159.35M | 164.55M | 133.00M | 123.30M | 112.00M | 86.10M | 76.20M | 61.60M | 55.60M | 57.70M | 63.30M | 62.00M | 0.00 |
| Interest Expense | 500.48M | 117.58M | 68.76M | 148.46M | 194.36M | 122.06M | 80.44M | 81.20M | 73.96M | 75.87M | 82.30M | 108.49M | 139.88M | 191.69M | 246.04M | 294.80M | 305.75M | 212.24M | 110.28M | 60.16M | 40.15M | 39.92M | 66.15M | 74.16M | 57.40M | 57.20M | 50.90M | 39.20M | 31.30M | 20.00M | 18.70M | 22.80M | 31.60M | 32.90M | 0.00 |
| Depreciation & Amortization | 18.10M | 19.80M | 16.12M | 16.51M | 15.12M | 7.31M | 7.27M | 7.49M | 667.00K | 719.00K | 4.53M | 5.66M | 5.86M | 5.96M | 6.64M | 13.21M | 13.12M | 13.62M | 15.17M | 16.90M | 10.61M | 2.57M | 2.91M | 1.39M | 2.60M | 2.50M | 2.10M | 2.00M | 1.60M | 1.30M | 1.30M | 1.10M | 1.20M | 900.00K | 0.00 |
| EBITDA | 0.00 | 27.11M | 42.49M | 30.58M | 27.63M | 23.43M | 0.00 | 0.00 | 25.13M | 227.58M | 205.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.10M |
| EBITDA Ratio | 0.00% | 74.89% | 58.64% | 42.80% | 56.49% | 78.25% | 73.33% | 73.33% | 73.38% | 79.19% | 74.60% | 82.61% | 83.20% | 60.36% | 36.29% | 120.39% | 152.97% | 136.55% | 111.05% | 94.12% | 92.32% | 94.32% | 120.86% | 131.84% | 130.18% | 135.18% | 127.10% | 117.99% | 96.09% | 73.42% | 75.06% | 95.69% | 132.88% | 151.08% | 0.00% |
| Operating Income | 537.06M | 590.12M | 381.84M | 253.97M | 349.37M | 459.74M | 19.18M | 18.06M | 25.13M | 22.45M | 20.96M | 16.71M | 18.70M | 3.87M | 13.59M | 14.50M | 13.25M | 11.06M | 10.24M | 9.06M | 4.77M | 6.54M | 5.37M | 134.61M | 107.40M | 97.80M | 84.20M | 60.30M | 47.50M | 33.50M | 30.90M | 38.90M | 47.30M | 48.20M | 9.10M |
| Operating Income Ratio | 68.50% | 74.65% | 58.53% | 42.69% | 56.38% | 77.02% | 3.64% | 4.00% | 6.09% | 5.86% | 5.44% | 4.54% | 5.13% | 1.17% | 3.76% | 4.62% | 3.93% | 3.68% | 3.89% | 3.92% | 3.18% | 5.44% | 4.98% | 130.49% | 127.10% | 131.81% | 124.01% | 114.20% | 92.95% | 70.68% | 72.03% | 93.06% | 129.59% | 148.31% | 0.00% |
| Total Other Income/Expenses | -133.48M | -76.19M | -75.68M | -85.70M | 321.74M | -64.43M | 279.13M | 224.15M | 195.97M | -32.13M | -52.97M | -12.12M | 133.32M | -6.32M | -142.28M | -43.68M | -3.89M | -5.38M | 156.24M | 131.37M | 83.05M | 64.45M | 56.07M | -74.16M | -57.40M | -57.20M | -50.90M | -39.20M | -31.30M | -20.00M | -18.70M | -22.80M | -31.60M | -32.90M | 0.00 |
| Income Before Tax | 403.58M | 472.54M | 381.84M | 253.97M | 349.37M | 338.21M | 298.31M | 242.20M | 221.10M | 219.80M | 194.17M | 184.17M | 152.02M | -2.45M | -128.69M | 70.08M | 196.66M | 184.83M | 166.48M | 140.42M | 87.82M | 71.00M | 61.44M | 60.45M | 50.00M | 40.60M | 33.30M | 21.10M | 16.20M | 13.50M | 12.20M | 16.10M | 15.70M | 15.30M | 0.00 |
| Income Before Tax Ratio | 51.47% | 59.78% | 58.53% | 42.69% | 56.38% | 56.66% | 56.67% | 53.67% | 53.61% | 57.34% | 50.43% | 50.08% | 41.70% | -0.74% | -35.61% | 22.31% | 58.35% | 61.46% | 63.33% | 60.77% | 58.50% | 59.01% | 56.90% | 58.60% | 59.17% | 54.72% | 49.04% | 39.96% | 31.70% | 28.48% | 28.44% | 38.52% | 43.01% | 47.08% | 0.00% |
| Income Tax Expense | 49.46M | 111.89M | 83.54M | 25.11M | 70.23M | 66.03M | 122.27M | 67.10M | 59.99M | 81.97M | 70.44M | 66.13M | 51.26M | -14.63M | -61.91M | 19.55M | 71.19M | 67.26M | 62.39M | 53.61M | 32.25M | 22.30M | 18.82M | 21.86M | 19.70M | 16.00M | 13.20M | 7.80M | 5.60M | 4.00M | 4.40M | 6.00M | 5.70M | 5.60M | -9.10M |
| Net Income | 354.12M | 360.64M | 298.30M | 228.86M | 279.14M | 272.18M | 176.04M | 175.10M | 161.11M | 137.83M | 123.14M | 117.44M | 100.15M | 11.57M | -67.39M | 50.52M | 125.47M | 117.57M | 104.09M | 86.81M | 55.57M | 48.70M | 42.62M | 38.59M | 30.30M | 24.60M | 20.10M | 13.30M | 10.60M | 9.50M | 7.80M | 10.10M | 10.00M | 9.70M | 9.10M |
| Net Income Ratio | 45.17% | 45.62% | 45.73% | 38.47% | 45.05% | 45.60% | 33.44% | 38.80% | 39.06% | 35.96% | 31.98% | 31.93% | 27.47% | 3.50% | -18.65% | 16.09% | 37.23% | 39.09% | 39.60% | 37.57% | 37.02% | 40.48% | 39.47% | 37.41% | 35.86% | 33.15% | 29.60% | 25.19% | 20.74% | 20.04% | 18.18% | 24.16% | 27.40% | 29.85% | 0.00% |
| EPS | 4.88 | 4.85 | 3.81 | 2.88 | 3.49 | 3.35 | 2.19 | 2.21 | 2.00 | 1.73 | 1.44 | 1.28 | 1.06 | -0.06 | -1.28 | 1.00 | 2.49 | 2.29 | 2.07 | 1.74 | 1.44 | 1.36 | 1.18 | 1.07 | 0.84 | 0.69 | 0.56 | 0.42 | 0.34 | 0.31 | 0.26 | 0.33 | 0.34 | 0.34 | 0.34 |
| EPS Diluted | 4.86 | 4.83 | 3.80 | 2.87 | 3.48 | 3.34 | 2.17 | 2.19 | 1.98 | 1.72 | 1.43 | 1.28 | 1.06 | -0.06 | -1.28 | 1.00 | 2.46 | 2.27 | 2.05 | 1.72 | 1.43 | 1.35 | 1.18 | 1.06 | 0.84 | 0.69 | 0.56 | 0.42 | 0.34 | 0.31 | 0.26 | 0.33 | 0.34 | 0.34 | 0.34 |
| Weighted Avg Shares Out | 72.57M | 74.34M | 78.27M | 79.58M | 80.00M | 81.13M | 80.26M | 79.15M | 80.56M | 79.66M | 78.95M | 78.72M | 78.63M | 77.07M | 52.63M | 49.41M | 50.42M | 51.23M | 50.37M | 49.87M | 38.71M | 35.98M | 36.22M | 36.23M | 36.05M | 35.87M | 35.58M | 32.07M | 31.18M | 30.89M | 30.59M | 30.38M | 29.85M | 28.96M | 27.16M |
| Weighted Avg Shares Out (Dil) | 72.86M | 74.66M | 78.57M | 79.78M | 80.25M | 81.61M | 81.00M | 79.93M | 81.29M | 80.11M | 79.14M | 78.72M | 78.64M | 77.07M | 52.63M | 49.53M | 50.98M | 51.80M | 50.82M | 50.48M | 39.04M | 36.23M | 36.33M | 36.30M | 36.07M | 35.87M | 35.58M | 32.07M | 31.18M | 30.89M | 30.59M | 30.38M | 29.85M | 28.96M | 27.16M |
Cathay General (CATY) Announces $125M New Share Buyback Plan
Cathay General (CATY) announces a new share repurchase program worth $125 million, with no set expiration date. Its strong liquidity position is expected to help sustain the capital distribution.
Cathay General Bancorp Adopts New Share Repurchase Program
LOS ANGELES--(BUSINESS WIRE)--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 common...
Cathay Announces Two New Board Directors
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, Nasdaq: CATY), the holding company for Cathay Bank (the “Bank”), elected two new members, Ann Yee Kono and Elizabeth Woo, to the Board of Directors of the Company and the Bank respectively at...
Cathay General Bancorp Declares $0.34 Per Share Dividend
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on June 10, 2024, to stockholders of record at the close of business on May 30,...
Cathay General Bancorp (CATY) Q1 2024 Earnings Call Transcript
Cathay General Bancorp (NASDAQ:CATY ) Q1 2024 Earnings Conference Call April 22, 2024 6:00 PM ET Company Participants Georgia Lo - Investor Relations Chang Liu - President and Chief Executive Officer Heng Chen - Executive Vice President, Chief Financial Officer...
Cathay (CATY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Cathay (CATY) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cathay General (CATY) Beats Q1 Earnings Estimates
Cathay General (CATY) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.32 per share a year ago.
Cathay General Bancorp Announces First Quarter 2024 Results
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company,” “we,” “us,” or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended March 31, 2024. The Company reported net income of $71.4 million,...
Curious about Cathay (CATY) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Cathay (CATY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
Analysts Estimate Cathay General (CATY) to Report a Decline in Earnings: What to Look Out for
Cathay (CATY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: https://incomestatements.info
Category: Stock Reports