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Cathay General Bancorp (CATY.OQ)

CATY.OQ on NASDAQ Stock Exchange Global Select Market

43.02USD
15 Dec 2017
Change (% chg)

$0.71 (+1.68%)
Prev Close
$42.31
Open
$42.41
Day's High
$43.67
Day's Low
$42.23
Volume
968,870
Avg. Vol
155,924
52-wk High
$45.54
52-wk Low
$34.02

Latest Key Developments (Source: Significant Developments)

Cathay General Bancorp reports Q3 earnings per share $0.61
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Cathay General Bancorp :Cathay General Bancorp announces third quarter 2017 results.Q3 earnings per share $0.61.Q3 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Cathay General Bancorp - ‍net interest income before provision for credit losses $133.2 million during q3 of 2017 versus $103.8 million last year.  Full Article

Cathay General Bancorp Q2 earnings per share $0.44
Thursday, 21 Jul 2016 

Cathay General Bancorp : Net interest income before provision for credit losses increased $7.0 million, or 7.4%, to $101.8 million during q2 of 2016 . Cathay General Bancorp announces second quarter 2016 results . Q2 earnings per share $0.44 .Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.  Full Article

Cathay General Bancorp announces agreement to acquire Sinopac Bancorp
Friday, 8 Jul 2016 

Cathay General Bancorp : Cathay General Bancorp announces agreement to acquire Sinopac Bancorp . Aggregate consideration mix paid to bank sinopac will be at least 90% cash . RBC capital markets served as financial advisor to Cathay . Transaction is not expected to result in creation of any additional goodwill . 10% of purchase price will be held back and released over a period of three years . Deal for $340 million . Cathay has option to pay up to 10% in Cathay common stock . Transaction is expected to be approximately 4-5% accretive to Cathay's gaap earnings per share . Morgan Stanley served as financial advisor to bank Sinopac .$100 million of purchase price will be held back and released based on timing of subsequent merger of fenb and Cathay bank.  Full Article

Cathay General Bancorp adopts new share repurchase program
Tuesday, 2 Feb 2016 

Cathay General Bancorp:Board of Directors has adopted a new stock repurchase program authorizing Company to repurchase up to $45,000,000 of Company's common stock.  Full Article