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Cathay General Bancorp
NASDAQ:CATY

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Cathay General Bancorp
NASDAQ:CATY
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Price: 48.13 USD 1.18% Market Closed
Market Cap: 3.4B USD
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Wall Street
Price Targets

CATY Price Targets Summary
Cathay General Bancorp

Wall Street analysts forecast CATY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CATY is 53.24 USD with a low forecast of 45.45 USD and a high forecast of 63 USD.

Lowest
Price Target
45.45 USD
6% Downside
Average
Price Target
53.24 USD
11% Upside
Highest
Price Target
63 USD
31% Upside

CATY Last Price Targets
Cathay General Bancorp

The latest public price target was made on Jul 23, 2024 by David Chiaverini from Wedbush , who expects CATY stock to rise by 4% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
David Chiaverini
Wedbush
50 USD
Upside 4%
5 months ago
Jul 23, 2024
Cathay General price target raised to $50 from $44 at Wedbush
TheFly
David Chiaverini
Wedbush
Price Target 50 USD
Upside/Downside 4%
View Source
Cathay General Bancorp Competitors:
Price Targets
SFST
Southern First Bancshares Inc
23% Downside
AMTB
Amerant Bancorp Inc
24% Upside
CBU
Community Bank System Inc
14% Upside
PLBC
Plumas Bancorp
11% Upside
SHBI
Shore Bancshares Inc
21% Upside
TBBK
Bancorp Inc
13% Upside
IBCP
Independent Bank Corp (Michigan)
10% Upside
PPBI
Pacific Premier Bancorp Inc
16% Upside

Revenue
Forecast

Revenue Estimate
Cathay General Bancorp

For the last 8 years the compound annual growth rate for Cathay General Bancorp's revenue is 9%. The projected CAGR for the next 3 years is 0%.

9%
Past Growth
0%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Net Income
Forecast

Net Income Estimate
Cathay General Bancorp

For the last 8 years the compound annual growth rate for Cathay General Bancorp's net income is 10%. The projected CAGR for the next 3 years is -2%.

10%
Past Growth
-2%
Estimated Growth
Estimates Accuracy
10%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CATY's stock price target?
Price Target
53.24 USD

According to Wall Street analysts, the average 1-year price target for CATY is 53.24 USD with a low forecast of 45.45 USD and a high forecast of 63 USD.

What is Cathay General Bancorp's Revenue forecast?
Projected CAGR
0%

For the last 8 years the compound annual growth rate for Cathay General Bancorp's revenue is 9%. The projected CAGR for the next 3 years is 0%.

What is Cathay General Bancorp's Net Income forecast?
Projected CAGR
-2%

For the last 8 years the compound annual growth rate for Cathay General Bancorp's net income is 10%. The projected CAGR for the next 3 years is -2%.

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