Cathay General Bancorp - Understand $caty stock

$CATY Market Cap: $3.677 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$38.62M

TTM

Gross Margin

Net Earnings

$288.3M

TTM

Current Assets

Current Liabilities

$32.91M

Q3 2024

Current Ratio

Total Assets

$23.27B

Q3 2024

Total Liabilities

$20.44B

Q3 2024

Book Value

$2.830B

Q3 2024

Cash

$1.339B

Q3 2024

P/E

12.76

Nov 29, 2024 EST

Free Cash Flow

$303.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Revenue	$43.91M	$42.18M	$666.5M	$700.6M	$769.3M	$688.0M	$576.2M	$499.1M	$453.7M	$418.6M
YoY Change	4.11%	-93.67%	-4.86%	-8.93%	11.82%	19.41%	15.44%	10.0%	8.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$43.91M	$42.18M	$666.5M	$700.6M	$769.3M	$688.0M	$576.2M	$499.1M	$453.7M	$418.6M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.371M	$9.958M	$7.956M	$7.660M	$6.756M	$7.314M	$7.265M	$7.490M	$7.574M	$7.868M	$11.40M	$11.70M	$12.10M	$10.60M	$14.40M	$11.20M	$11.60M	$10.40M	$9.100M	$8.800M	$3.400M	$2.000M	$2.400M	$2.300M	$2.000M	$2.100M	$2.000M	$1.400M	$1.400M	$1.200M	$1.300M	$1.100M	$1.000M	$900.0K	$1.100M
YoY Change	-15.94%	25.16%	3.86%	13.38%	-7.63%	0.67%	-3.0%	-1.11%	-3.74%	-30.98%	-2.56%	-3.31%	14.15%	-26.39%	28.57%	-3.45%	11.54%	14.29%	3.41%	158.82%	70.0%	-16.67%	4.35%	15.0%	-4.76%	5.0%	42.86%	0.0%	16.67%	-7.69%	18.18%	10.0%	11.11%	-18.18%	-8.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$500.5M	$117.6M	$68.76M	$148.5M	$194.4M	$122.1M	$80.44M	$81.20M	$73.96M	$75.87M
YoY Change	325.63%	71.02%	-53.69%	-23.61%	59.24%	51.73%	-0.93%	9.78%	-2.51%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Pretax Income	$403.6M	$472.5M	$381.8M	$254.0M	$349.4M	$337.7M	$298.3M	$242.2M	$221.1M	$219.8M	$194.2M	$184.2M	$152.0M	-$2.500M	-$128.7M	$70.70M	$197.3M	$184.8M	$166.5M	$140.4M	$87.80M	$71.00M	$61.40M	$60.40M	$50.00M	$40.60M	$33.40M	$21.10M	$16.20M	$13.50M	$12.20M	$16.10M	$15.70M	$15.30M	$14.20M
YoY Change	-14.59%	23.75%	50.35%	-27.31%	3.46%	13.2%	23.17%	9.55%	0.59%	13.18%	5.43%	21.18%	-6180.0%	-98.06%	-282.04%	-64.17%	6.76%	10.99%	18.59%	59.91%	23.66%	15.64%	1.66%	20.8%	23.15%	21.56%	58.29%	30.25%	20.0%	10.66%	-24.22%	2.55%	2.61%	7.75%	40.59%
Income Tax	$49.46M	$111.9M	$83.54M	$25.11M	$70.23M	$65.80M	$122.3M	$67.10M	$59.99M	$81.97M	$70.40M	$66.10M	$51.30M	-$14.60M	-$61.90M	$19.60M	$71.20M	$67.30M	$62.40M	$53.60M	$32.30M	$22.30M	$18.80M	$21.90M	$19.70M	$16.00M	$13.20M	$7.800M	$5.600M	$4.000M	$4.400M	$6.000M	$5.700M	$5.600M	$5.100M
% Of Pretax Income	12.25%	23.68%	21.88%	9.89%	20.1%	19.49%	40.99%	27.7%	27.13%	37.29%	36.25%	35.88%	33.75%			27.72%	36.09%	36.42%	37.48%	38.18%	36.79%	31.41%	30.62%	36.26%	39.4%	39.41%	39.52%	36.97%	34.57%	29.63%	36.07%	37.27%	36.31%	36.6%	35.92%
Net Earnings	$354.1M	$360.6M	$298.3M	$228.9M	$279.1M	$271.9M	$176.0M	$175.1M	$161.1M	$137.8M	$123.1M	$117.4M	$100.2M	$11.60M	-$67.40M	$50.50M	$125.5M	$117.6M	$104.1M	$86.80M	$55.60M	$48.70M	$42.60M	$38.60M	$30.30M	$24.60M	$20.10M	$13.30M	$10.60M	$9.500M	$7.800M	$10.10M	$10.00M	$9.700M	$9.200M
YoY Change	-1.81%	20.9%	30.34%	-18.01%	2.67%	54.44%	0.54%	8.68%	16.89%	11.97%	4.86%	17.17%	763.79%	-117.21%	-233.47%	-59.76%	6.72%	12.97%	19.93%	56.12%	14.17%	14.32%	10.36%	27.39%	23.17%	22.39%	51.13%	25.47%	11.58%	21.79%	-22.77%	1.0%	3.09%	5.43%	35.29%
Net Earnings / Revenue	806.44%	855.03%	44.76%	32.67%	36.29%	39.52%	30.55%	35.09%	35.51%	32.92%
Basic Earnings Per Share	$4.88	$4.85	$3.81	$2.88	$3.49	$3.35	$2.19	$2.21	$2.00	$1.73
Diluted Earnings Per Share	$4.86	$4.830M	$3.80	$2.87	$3.48	$3.33	$2.17	$2.19	$1.98	$1.72	$1.556M	$1.492M	$1.275M	$150.5K	-$1.281M	$1.020M	$2.461M	$2.270M	$2.049M	$1.719M	$1.426M	$1.345M	$1.174M	$1.063M	$839.3K	$685.2K	$563.0K	$414.3K	$339.7K	$307.4K	$254.1K	$333.3K	$335.6K	$334.5K	$338.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$123.2M	$124.4M	$127.0M	$134.0M	$138.0M	$103.0M	$103.0M	$106.0M	$109.0M	$100.0M	$102.0M	$103.0M	$106.0M	$109.0M	$109.0M	$104.0M	$77.00M	$73.00M	$30.00M	$33.00M	$36.00M	$30.00M	$29.00M	$30.00M	$25.00M	$26.00M	$25.00M	$26.00M	$27.00M	$27.00M	$26.00M	$26.00M	$24.00M	$17.00M	$11.00M
YoY Change	-0.99%	-2.04%	-5.22%	-2.9%	33.98%	0.0%	-2.83%	-2.75%	9.0%	-1.96%	-0.97%	-2.83%	-2.75%	0.0%	4.81%	35.06%	5.48%	143.33%	-9.09%	-8.33%	20.0%	3.45%	-3.33%	20.0%	-3.85%	4.0%	-3.85%	-3.7%	0.0%	3.85%	0.0%	8.33%	41.18%	54.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$97.40M	$101.5M	$58.00M	$64.00M	$57.00M	$76.00M	$75.00M	$71.00M	$91.00M	$96.00M	$146.0M
YoY Change	-4.03%	74.99%	-9.38%	12.28%	-25.0%	1.33%	5.63%	-21.98%	-5.21%	-34.25%
Total Long-Term Assets
YoY Change
Total Assets	$23.08B	$21.99B	$20.89B	$19.04B	$18.09B	$16.79B	$15.64B	$14.52B	$13.25B	$11.52B	$10.99B	$10.69B	$10.65B	$10.80B	$11.59B	$11.58B	$10.40B	$8.031B	$6.398B	$6.098B	$5.542B	$2.754B	$2.453B	$2.207B	$1.996B	$1.781B	$1.622B	$1.504B	$1.087B	$941.0M	$878.0M	$833.0M	$750.0M	$660.0M	$560.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$34.80M	$32.52M	$31.00M	$33.00M	$36.00M
YoY Change	7.01%	4.9%	-6.06%	-8.33%
Deferred Revenue
YoY Change
Short-Term Debt				$0.00	$26.00M	$0.00	$100.0M	$50.00M	$50.00M	$50.00M	$250.0M	$1.250B	$1.400B	$1.561B	$1.557B	$1.662B	$1.432B	$450.0M	$319.0M	$108.0M	$110.0M	$29.00M	$22.00M	$68.00M	$47.00M	$16.00M	$23.00M	$10.00M	$2.000M	$4.000M	$1.000M	$1.000M	$2.000M	$2.000M	$2.000M
YoY Change				-100.0%		-100.0%	100.0%	0.0%	0.0%	-80.0%	-80.0%	-10.71%	-10.31%	0.26%	-6.32%	16.06%	218.22%	41.07%	195.37%	-1.82%	279.31%	31.82%	-67.65%	44.68%	193.75%	-30.43%	130.0%	400.0%	-50.0%	300.0%	0.0%	-50.0%	0.0%	0.0%
Long-Term Debt Due	$0.00	$0.00	$0.00	$0.00	$0.00	$19.00M	$5.000M					$0.00	$1.000M	$8.000M	$7.000M	$0.00	$8.000M	$10.00M	$20.00M
YoY Change					-100.0%	280.0%						-100.0%	-87.5%	14.29%		-100.0%	-20.0%	-50.0%
Total Short-Term Liabilities	$34.80M	$32.52M	$31.00M	$33.00M	$36.00M	$19.00M	$5.000M	$50.00M	$50.00M	$50.00M	$250.0M	$1.250B	$1.000M	$8.000M	$7.000M	$1.662B	$8.000M	$10.00M	$20.00M	$108.0M	$110.0M	$29.00M	$22.00M	$68.00M	$47.00M	$16.00M	$23.00M	$10.00M	$2.000M	$4.000M	$1.000M	$1.000M	$2.000M	$2.000M	$2.000M
YoY Change	7.01%	4.9%	-6.06%	-8.33%	89.47%	280.0%	-90.0%	0.0%	0.0%	-80.0%	-80.0%	124900.0%	-87.5%	14.29%	-99.58%	20675.0%	-20.0%	-50.0%	-81.48%	-1.82%	279.31%	31.82%	-67.65%	44.68%	193.75%	-30.43%	130.0%	400.0%	-50.0%	300.0%	0.0%	-50.0%	0.0%	0.0%
Long-Term Debt	$134.9M	$141.7M	$142.0M	$143.0M	$148.0M	$188.0M	$207.0M	$437.0M	$488.0M	$539.0M	$690.0M	$190.0M	$190.0M	$190.0M	$190.0M	$191.0M	$191.0M	$124.0M	$74.00M	$54.00M	$54.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-4.81%	-0.19%	-0.7%	-3.38%	-21.28%	-9.18%	-52.63%	-10.45%	-9.46%	-21.88%	263.16%	0.0%	0.0%	0.0%	-0.52%	0.0%	54.03%	67.57%	37.04%	0.0%
Other Long-Term Liabilities	$306.5M	$344.8M	$181.0M	$176.0M	$217.0M	$201.0M	$222.0M	$169.0M	$144.0M	$81.00M	$55.00M	$54.00M	$47.00M	$50.00M	$60.00M	$103.0M	$84.00M	$78.00M	$54.00M	$57.00M	$56.00M	$62.00M	$20.00M	$17.00M	$4.000M	$7.000M	$4.000M	$4.000M	$3.000M	$2.000M	$2.000M	$3.000M	$3.000M	$3.000M	$3.000M
YoY Change	-11.1%	90.5%	2.84%	-18.89%	7.96%	-9.46%	31.36%	17.36%	77.78%	47.27%	1.85%	14.89%	-6.0%	-16.67%	-41.75%	22.62%	7.69%	44.44%	-5.26%	1.79%	-9.68%	210.0%	17.65%	325.0%	-42.86%	75.0%	0.0%	33.33%	50.0%	0.0%	-33.33%	0.0%	0.0%	0.0%
Total Long-Term Liabilities	$441.5M	$486.5M	$323.0M	$319.0M	$365.0M	$389.0M	$429.0M	$606.0M	$632.0M	$620.0M	$745.0M	$244.0M	$237.0M	$240.0M	$250.0M	$294.0M	$275.0M	$202.0M	$128.0M	$111.0M	$110.0M	$62.00M	$20.00M	$17.00M	$4.000M	$7.000M	$4.000M	$4.000M	$3.000M	$2.000M	$2.000M	$3.000M	$3.000M	$3.000M	$3.000M
YoY Change	-9.27%	50.63%	1.25%	-12.6%	-6.17%	-9.32%	-29.21%	-4.11%	1.94%	-16.78%	205.33%	2.95%	-1.25%	-4.0%	-14.97%	6.91%	36.14%	57.81%	15.32%	0.91%	77.42%	210.0%	17.65%	325.0%	-42.86%	75.0%	0.0%	33.33%	50.0%	0.0%	-33.33%	0.0%	0.0%	0.0%
Total Liabilities	$20.34B	$19.51B	$18.44B	$16.63B	$15.80B	$14.66B	$13.67B	$12.69B	$11.51B	$9.914B	$9.530B	$9.073B	$9.138B	$9.374B	$10.28B	$10.29B	$9.431B	$7.088B	$5.624B	$5.382B	$4.923B	$2.466B	$2.207B	$1.992B	$1.817B	$1.624B	$1.487B	$1.386B	$993.0M	$856.0M	$797.0M	$757.0M	$682.0M	$600.0M	$510.0M
YoY Change	4.27%	5.81%	10.92%	5.22%	7.75%	7.29%	7.68%	10.31%	16.06%	4.03%	5.04%	-0.71%	-2.52%	-8.85%	-0.06%	9.11%	33.06%	26.03%	4.5%	9.32%	99.64%	11.74%	10.79%	9.63%	11.88%	9.21%	7.29%	39.58%	16.0%	7.4%	5.28%	11.0%	13.67%	17.65%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2011
Basic Shares Outstanding	72.57M	74.34M	78.27M	79.58M	80.00M	81.13M	80.26M	79.15M	80.56M	79.66M	78.63M
Diluted Shares Outstanding	72.86M	74.66M	78.57M	79.78M	80.25M	81.61M	81.00M	79.93M	81.29M	80.11M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.6774 Billion

About CATHAY GENERAL BANCORP

Cathay General Bancorp is a holding company, which engages in the provision of financial services. The company is headquartered in Los Angeles, California and currently employs 1,246 full-time employees. The Bank services individuals, professionals, and small to medium-sized businesses in the local markets in which its branches are located and provides commercial real estate loans, commercial loans, United States Small Business Administration loans, residential mortgage loans, real estate construction loans, home equity lines of credit, and installment loans to individuals for, household and other consumer expenditures. The company offers products and services to businesses, such as checking and deposit, lines of credit, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services. The company offers similar services that are available to consumers. The company provides financial services to diverse commercial and professional businesses in its market areas.

Industry: State Commercial Banks Peers: Ameris Bancorp ASSOCIATED BANC-CORP BANCFIRST CORP /OK/ BANK OF HAWAII CORP PACWEST BANCORP PACIFIC PREMIER BANCORP INC PNC FINANCIAL SERVICES GROUP, INC. SIMMONS FIRST NATIONAL CORP TEXAS CAPITAL BANCSHARES INC/TX