Cathay General Bancorp (CATY)
Commercial bank for real estate, business lending, deposits, mortgages, and wealth management.
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Provides commercial real estate, business and SBA loans, residential mortgages, deposits, treasury services, and wealth management through Cathay Bank. Interest on a deposit-funded loan book drives revenue; commercial real estate makes up more than half of lending across a branch network concentrated in California and New York.
Operates Cathay Bank, a California-chartered commercial bank serving individuals, professionals, and small to midsize businesses. Core offerings include commercial real estate and construction finance, commercial and SBA loans, residential mortgages and home-equity lines, deposits, treasury and payment services, international banking, and Cathay Wealth Management.
Builds its franchise through multilingual relationship banking, with branches concentrated in California and New York and a broader U.S. footprint, a Hong Kong branch, and representative offices in Beijing, Shanghai, and Taipei. Client deposits fund most lending, while interest on loans drives revenue and service, trade-finance, and wealth-management fees add smaller streams. Commercial real estate accounts for more than half the loan book, tying performance to deposit pricing, interest rates, property collateral and borrower credit quality under bank capital and liquidity rules.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 27, 2026 | Piper Sandler | Reiterate | Rating: —Target: $47 | Target: $53 |
| Jul 23, 2026 | DA Davidson | Reiterate | Rating: —Target: $52 | Target: $66 |
| Jul 23, 2026 | Stephens | Target | Target: $50 | Target: $63 |
| Apr 27, 2026 | Piper Sandler | Reiterate | Rating: —Target: — | Target: $47 |
| Oct 23, 2025 | DA Davidson | Reiterate | Rating: —Target: $51 | Target: $52 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.01B · Total debt $154.3M · Total assets $24.65B · Shareholders' equity $3.05B
- Revenue
- $348.9M
- Operating income
- $126.8M
- Net income
- $92.2M
HistoryDividendAnnual yield
| Institutions | 78.32% | 52.50M shares | |
|---|---|---|---|
| 309 holders · as of Jun 30, 2026 | |||
| Insiders | 2.06% | 1.38M shares | |
| 18 holders · as of Sep 10, 2026 | |||
| Other | 19.62% | 13.15M shares | |
| remainder | |||
67.04M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.55% | 9.75M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.14% | 4.12M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 6.07% | 4.07M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.27% | 3.53M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.33% | 2.90M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 2, 2026 | Richard Sun | director | −1,000 | $62.32 |
| Aug 25, 2026 | Richard Sun | director | −1,000 | $62.08 |
| Aug 25, 2026 | Thomas M. Lo | officer: EVP, Chief Admin Officer | −1,600 | $62.47 |
| Aug 10, 2026 | Richard Sun | director | −3,000 | $63.09 |
| Jul 31, 2026 | Richard Sun | director | −5,000 | $62.43 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cathay General Bancorp | $61.23 | −0.41% | $4.12B | 12.0 | 10.7 | 3.0 | +12.5% |
| East West Bancorp | $126.32 | −1.14% | $17.50B | 12.3 | 11.6 | 3.7 | +12.5% |
| Bank of Hope | $13.80 | −0.18% | $1.77B | 13.8 | 10.6 | 1.7 | +56.3% |
| Preferred Bank | $106.13 | −0.22% | $1.26B | 9.7 | 9.9 | 2.5 | +4.0% |
| Hanmi Financial | $32.13 | −0.28% | $959.1M | 10.8 | 9.9 | 2.5 | +10.1% |
| Wells Fargo | $83.46 | −3.56% | $261.71B | 12.5 | 11.1 | 2.0 | +8.6% |
| Bank of America | $56.52 | −2.48% | $411.32B | 13.4 | 11.5 | 2.1 | +19.3% |
| PCB | $27.30 | −1.18% | $393.2M | 9.6 | 9.3 | 1.8 | +4.8% |
| Median | 12.3 | 10.6 | 2.1 | +10.1% |