CATY - CATHAY GENERAL BANCORP

Region: US
Website: cathaygeneralbancorp.com
Employees: 1,180
IPO year: 1990
Issue type: Common Stock
Market: XNAS
Industry: Banking/State Commercial Banks – Fed Reserve System
Sector: Finance, Insurance, And Real Estate
Cathay General Bancorp operates as the holding company for Cathay Bank. It offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. 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 in Texas.
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Over the last 7 days, the United States market has experienced a 1.7% decline, although it remains up by 3.6% over the past year with earnings projected to grow by 13% annually in the coming years. In this context, dividend stocks offering yields up to 3.6% can be appealing as they potentially provide both income and growth opportunities amidst fluctuating market conditions.
Read moreCathay General Bancorp First Quarter 2025 Earnings: EPS Beats Expectations
Cathay General Bancorp ( NASDAQ:CATY ) First Quarter 2025 Results Key Financial Results Revenue: US$172.3m (flat on 1Q...
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