C

Cathay General Bancorp
NASDAQ:CATY

Watchlist Manager
Cathay General Bancorp
NASDAQ:CATY
Watchlist
Price: 48.64 USD 1.06% Market Closed
Market Cap: 3.5B USD
Have any thoughts about
Cathay General Bancorp?
Write Note

Cathay General Bancorp
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Cathay General Bancorp
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
C
Cathay General Bancorp
NASDAQ:CATY
Pre-Tax Income
$323.8m
CAGR 3-Years
-4%
CAGR 5-Years
-1%
CAGR 10-Years
4%
PNC Financial Services Group Inc
NYSE:PNC
Pre-Tax Income
$6.4B
CAGR 3-Years
-3%
CAGR 5-Years
6%
CAGR 10-Years
1%
M&T Bank Corp
NYSE:MTB
Pre-Tax Income
$3.1B
CAGR 3-Years
7%
CAGR 5-Years
3%
CAGR 10-Years
7%
Truist Financial Corp
NYSE:TFC
Pre-Tax Income
-$7.3B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Pre-Tax Income
$2.8B
CAGR 3-Years
-7%
CAGR 5-Years
0%
CAGR 10-Years
3%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Pre-Tax Income
$3.6B
CAGR 3-Years
70%
CAGR 5-Years
44%
CAGR 10-Years
36%
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 Pre-Tax Income?
Pre-Tax Income
323.8m USD

Based on the financial report for Sep 30, 2024, Cathay General Bancorp's Pre-Tax Income amounts to 323.8m USD.

What is Cathay General Bancorp's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
4%

Over the last year, the Pre-Tax Income growth was -27%. The average annual Pre-Tax Income growth rates for Cathay General Bancorp have been -4% over the past three years , -1% over the past five years , and 4% over the past ten years .

Back to Top