C

Cathay General Bancorp
NASDAQ:CATY

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Cathay General Bancorp
NASDAQ:CATY
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Price: 48.64 USD 1.06% Market Closed
Market Cap: 3.5B USD
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Cathay General Bancorp
Interest Expense

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Cathay General Bancorp
Interest Expense Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Interest Expense CAGR 3Y CAGR 5Y CAGR 10Y
C
Cathay General Bancorp
NASDAQ:CATY
Interest Expense
$653.1m
CAGR 3-Years
99%
CAGR 5-Years
29%
CAGR 10-Years
24%
PNC Financial Services Group Inc
NYSE:PNC
Interest Expense
$13B
CAGR 3-Years
191%
CAGR 5-Years
27%
CAGR 10-Years
31%
M&T Bank Corp
NYSE:MTB
Interest Expense
$4.2B
CAGR 3-Years
212%
CAGR 5-Years
42%
CAGR 10-Years
31%
Truist Financial Corp
NYSE:TFC
Interest Expense
$11.1B
CAGR 3-Years
136%
CAGR 5-Years
42%
CAGR 10-Years
30%
Fifth Third Bancorp
NASDAQ:FITB
Interest Expense
$4.9B
CAGR 3-Years
118%
CAGR 5-Years
28%
CAGR 10-Years
28%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Interest Expense
$5.1B
CAGR 3-Years
331%
CAGR 5-Years
131%
CAGR 10-Years
60%
No Stocks Found

Cathay General Bancorp
Glance View

Market Cap
3.5B USD
Industry
Banking

Cathay General Bancorp, the parent company of Cathay Bank, was founded in 1962 to serve the growing Chinese-American community in Los Angeles. This strategic focus on a niche demographic, often underserved by mainstream financial institutions, allowed it to establish a loyal customer base. Over the decades, the bank expanded its footprint beyond California to several states across the U.S., and even into Asia. By concentrating initially on commercial banking services such as loans to small and medium-sized businesses within the Asian community, Cathay General Bancorp capitalized on its deep cultural understandings and language skills. This approach enabled them to develop strong client relationships and to provide tailored financial solutions. The core business model of Cathay General Bancorp is built on the principles of traditional banking, where deposits are taken from individuals and businesses, and these funds are then used to issue loans. The bank earns a significant portion of its revenue from the interest spread—the difference between the interest paid on deposits and the interest earned from loans. Additionally, Cathay generates income through fees for various services like processing loans, foreign exchange, and wealth management. Emphasizing prudent risk management and maintaining robust capital reserves, Cathay navigates the complex market dynamics while staying committed to its community-driven roots. Through these strategies, the bank continues to thrive, adapting to evolving financial landscapes while meeting the unique needs of its diverse clientele.

CATY Intrinsic Value
53.43 USD
Undervaluation 9%
Intrinsic Value
Price
C

See Also

What is Cathay General Bancorp's Interest Expense?
Interest Expense
653.1m USD

Based on the financial report for Sep 30, 2024, Cathay General Bancorp's Interest Expense amounts to 653.1m USD.

What is Cathay General Bancorp's Interest Expense growth rate?
Interest Expense CAGR 10Y
24%

Over the last year, the Interest Expense growth was 59%. The average annual Interest Expense growth rates for Cathay General Bancorp have been 99% over the past three years , 29% over the past five years , and 24% over the past ten years .

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