Cathay General Bancorp (CATY) Stock

Cathay General Bancorp (CATY) is a Financials stock trading at $62.44 (as of 2026-08-20), with a market capitalization of $4.17B and a trailing P/E of 12.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Cathay General Bancorp is a bank holding company for Cathay Bank, providing commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the U.S. It offers deposit accounts, loan products, and related services such as trade financing, letters of credit, wire transfers, online banking, and additional securities and insurance services.

Understand Cathay General Bancorp: how it makes money

Cathay General Bancorp, through Cathay Bank, offers deposit products and makes commercial and residential loans to individuals, professionals, and small to medium-sized businesses, earning money through its lending and deposit-taking activities.

The profit model is driven by how much loans Cathay Bank originates and holds (gross loans and loan portfolios) versus how it funds those loans through customer deposits (including non-interest bearing and uninsured deposits).

Business quality (Solid): Loan growth and portfolio mix are central to the story, with credit-quality watch items (classified and special mention loans) and funding mix items (non-interest bearing and uninsured deposits).

Valuation: At 13× earnings, CATY trades in line with the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Large, detailed loan book: The company discloses substantial residential and commercial real estate loan portfolios, plus commercial and industrial lending and other categories (such as construction and residential mortgage loans).
  • Funding mix data is available: Key deposit characteristics are disclosed, including non-interest bearing deposits and uninsured deposits, which investors can use to gauge funding structure.

Bear case

  • Credit-quality exposure is measurable: Classified loans and special mention loans are disclosed, indicating that some portion of the loan portfolio is under credit-quality scrutiny.
  • Real estate concentration by type: The real estate loan portfolio is broken out across multiple property types (residential commercial real estate, retail commercial real estate, office, warehouse, and industrial), so weakness in particular segments could matter.
Valuation — source: SEC EDGAR (first-party)
Price$62.44
Market Cap$4.17B
P/E Ratio12.0
EV / EBITDA9.7
Price / Book1.37
Price / Sales70.82
FCF Yield12.8%
DCF Value (model)$86.68
DCF Upside vs Price38.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$53.79M
Net Margin585.8%
Revenue Growth (YoY)29.0%
EPS Growth (YoY)24.3%
FCF Growth (YoY)272.5%
Valuation vs Sector & Industry
Stock P/E12.0
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-20.8%
vs Industry-7.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($485.91M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorFinancials
IndustryBanking
CEOChang Ming Liu
Employees1,266
CountryUS
IPO Date1990-12-14

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • International Bancshares Corporation (IBOC)
  • First BanCorp. (FBP)
  • Texas Capital Bancshares, Inc. (TCBI)
  • United Community Banks, Inc. (UCB)
  • CVB Financial Corp. (CVBF)
  • Independent Bank Corp. (INDB)
  • Renasant Corporation (RNST)
  • Mechanics Bank (MCHB)
CATY earnings history · CATY institutional & insider holders · CATY KPIs & operating metrics · CATY financials · CATY investor presentations & press releases · CATY SEC filings · CATY peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.