Cathay General Bancorp (CATY) News & EventsCATYNews & EventsCathay General Bancorp

Company Reports Q2 Revenue of $221.2M

Reports Q2 revenue $221.2M, consensus $218.04M. "We delivered strong second quarter results, with higher earnings driven by continued net interest margin expansion and disciplined execution across the franchise. Improved profitability reflects the strength of our relationships and the resilience of our business model," said Chang M. Liu, President and Chief Executive Officer of the Company. "We remain focused on maintaining strong credit quality, prudently managing the balance sheet, and supporting the financial needs of our clients. We believe these fundamentals, along with thoughtful capital management, will continue to support long-term value creation for our shareholders."

Cathay General Announces $150 Million Share Repurchase Program

Cathay General "announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $150,000,000 of the Company's common stock. The previous $150,000,000 share repurchase program announced on June 4, 2025, was completed on February 4, 2026, with the repurchase of 3,217,481 shares at an average cost of $46.62."

Company Reports Q1 Revenue of $214.8M

Reports Q1 revenue $214.8M, consensus $211.6M. "Our ability to expand net interest margin while keeping deposit costs contained underscores the strength of our franchise and the loyalty of our customers," commented Chang M. Liu, President and Chief Executive Officer of the Company. "Although loan growth did not meet our earlier expectations, we are intentionally choosing to prioritize credit quality and deepen customer relationships rather than chase volume in a period of heightened geopolitical uncertainty. This disciplined approach positions us well for sustainable performance."