Cathay General Bancorp·Financial Services

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cathay (CATY) have what it takes?

LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-eight cents per common share, payable on June 9, 2026, to stockholders of record at the close of business on May 28, 2026. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (Nasdaq: CATY) is the holding company for Cathay Bank. Cathay General Bancorp's website is at www.cathaygeneralbancorp.com. Founded in 1962, Cathay Bank offers a wide range of financi.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cathay (CATY) have what it takes?

It has been a strong earnings season for banks. This particular regional bank stock has rallied into a buy zone as profits accelerate.

Does Cathay General (CATY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Cathay General Bancorp (NASDAQ: CATY) reported what management described as a "solid" start to 2026, posting first-quarter net income of $86.9 million and diluted earnings per share of $1.29. President and CEO Chang Liu said results included two noteworthy items that "largely offset each other": a $17.3 million valuation gain on equity securities and a $15.7
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.
Financial Services
Banks - Regional
1,266
1990-12-14
0.86