Cathay General Financials

CATY Stock  USD 46.52  0.78  1.71%   
Cathay General Bancorp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. At this time, Cathay General's Property Plant And Equipment Gross is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 24.6 B in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 59.9 M in 2025. Key indicators impacting Cathay General's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.260.41
Way Down
Slightly volatile
Return On Assets0.00960.0138
Way Down
Slightly volatile
Return On Equity0.120.15
Significantly Down
Slightly volatile
Debt Equity Ratio0.310.23
Significantly Up
Very volatile
Operating Income648.5 M617.6 M
Sufficiently Up
Slightly volatile
Current Ratio0.130.14
Significantly Down
Very volatile
Investors should never underestimate Cathay General's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cathay General's cash flow, debt, and profitability to make informed and accurate decisions about investing in Cathay General Bancorp.

Net Income

427.6 Million

  
Understanding current and past Cathay General Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cathay General's financial statements are interrelated, with each one affecting the others. For example, an increase in Cathay General's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cathay General's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cathay General Bancorp. Check Cathay General's Beneish M Score to see the likelihood of Cathay General's management manipulating its earnings.

Cathay General Stock Summary

Cathay General competes with Glacier Bancorp, Capitol Federal, Byline Bancorp, First Financial, and Community West. 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 was founded in 1962 and is headquartered in Los Angeles, California. Cathay Genl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1156 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1491501045
CUSIP149150104
LocationCalifornia; U.S.A
Business Address777 North Broadway,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.cathaygeneralbancorp.com
Phone213 625 4700
CurrencyUSD - US Dollar

Cathay General Key Financial Ratios

Cathay General Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets19.0B20.9B22.0B23.1B26.5B27.9B
Net Debt187.7M58.8M463.8M535.7M616.1M646.9M
Retained Earnings1.8B2.0B2.2B2.5B2.9B3.0B
Cash138.6M134.1M195.4M174.0M200.1M164.1M
Other Assets13.4B13.0B16.9B19.1M22.0M20.9M
Net Receivables59.0M57.0M82.4M97.7M112.3M117.9M
Total Liab326.3M193.0M19.5B20.3B23.4B24.6B
Total Current Assets2.5B3.6B2.7B926.5M1.1B1.0B
Other Current Assets1.5B2.6B1.3B965.9M1.1B1.1B
Common Stock906K909K911K914K1.1M715.7K
Other Liab215.7M175.5M180.5M306.1M352.0M369.6M
Accounts Payable14.7B16.1B18.1B18.5B21.3B22.3B
Inventory(1.5B)(2.6B)(1.3B)76.3M68.7M72.1M
Intangible Assets5.4M4.6M5.8M4.5M4.0M3.8M
Treasury Stock(282.2M)(318.5M)(342.1M)(509.2M)(458.3M)(435.4M)
Short Term Debt139.4M9.4M10.8M10.8M9.7M9.2M
Other Current Liab8.7B11.6B17.4B18.3B21.0B10.8B
Net Tangible Assets1.9B2.0B2.1B2.1B2.4B1.8B
Capital Surpluse942.1M950.5M964.7M972.5M1.1B977.0M

Cathay General Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202020212022202320242025 (projected)
Interest Expense148.5M68.8M117.6M500.5M575.5M604.3M
Operating Income254.0M381.8M590.1M537.1M617.6M648.5M
Ebit14.1M26.4M7.3M(16.8M)(19.3M)(18.3M)
Ebitda30.6M42.5M27.1M1.3M1.5M1.4M
Net Income228.9M298.3M360.6M354.1M407.2M427.6M
Income Tax Expense25.1M83.5M111.9M49.5M56.9M40.8M
Total Revenue594.9M652.4M790.5M784.1M901.7M946.8M
Gross Profit594.9M652.4M790.5M784.1M901.7M946.8M
Income Before Tax254.0M381.8M472.5M403.6M464.1M487.3M
Tax Provision25.1M83.5M111.9M72.6M83.5M82.9M
Net Interest Income552.1M597.8M733.7M761.4M875.6M620.8M
Interest Income700.6M666.5M851.3M1.2B1.3B779.4M

Cathay General Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Cathay General Bancorp. It measures of how well Cathay is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Cathay General brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Cathay had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Cathay General has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
202020212022202320242025 (projected)
Change In Cash827.3M1.0B(1.3B)(333.6M)(300.2M)(285.2M)
Free Cash Flow314.2M330.6M464M381.3M438.5M460.5M
Depreciation16.5M16.1M19.8M18.1M20.8M21.9M
Other Non Cash Items120.2M38.5M58.8M86.0M98.9M103.8M
Dividends Paid98.7M99.3M101.0M(98.6M)(113.4M)(107.8M)
Capital Expenditures5.8M3.7M3.4M3.4M3.9M5.3M
Net Income228.9M298.3M360.6M354.1M407.2M427.6M
End Period Cash Flow1.4B2.4B1.2B828.8M953.1M1.0B
Investments(161.6M)(830.5M)(1.8B)(1.1B)(979.7M)(1.0B)
Net Borrowings84.6M(553.3M)(130M)465M534.8M561.5M
Change To Netincome52K31.8M(13.0M)64.5M74.2M77.9M

Cathay Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cathay General's current stock value. Our valuation model uses many indicators to compare Cathay General value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cathay General competition to find correlations between indicators driving Cathay General's intrinsic value. More Info.
Cathay General Bancorp is rated below average in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cathay General Bancorp is roughly  8.27 . At this time, Cathay General's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cathay General's earnings, one of the primary drivers of an investment's value.

Cathay General Bancorp Systematic Risk

Cathay General's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cathay General volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Cathay General Bancorp correlated with the market. If Beta is less than 0 Cathay General generally moves in the opposite direction as compared to the market. If Cathay General Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay General Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay General is generally in the same direction as the market. If Beta > 1 Cathay General moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Cathay General Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cathay General's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cathay General growth as a starting point in their analysis.

Price Earnings To Growth Ratio

13.95

At this time, Cathay General's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Cathay General February 25, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cathay General help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cathay General Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cathay General Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Cathay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cathay General's daily price indicators and compare them against related drivers.

Additional Tools for Cathay Stock Analysis

When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.