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Cathay General Bancorp (CATY.OQ)

CATY.OQ on NASDAQ Stock Exchange Global Select Market

40.10USD
25 Apr 2018
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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 files for potential offering of co's shares by selling security holder
Monday, 24 Jul 2017 

July 24 (Reuters) - Cathay General Bancorp :Cathay general bancorp files prospectus supplement related to potential offering of 926,192 shares of co's common stock by bank sinopac co ltd - sec filing.Cathay general bancorp says it will not receive any of the proceeds from sale of the shares offered by the selling security holder.  Full Article

Cathay General Bancorp announces Q2 earnings per share $0.64
Thursday, 20 Jul 2017 

July 19 (Reuters) - Cathay General Bancorp :Cathay General Bancorp announces second quarter 2017 results.Q2 earnings per share $0.64.Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.Cathay General Bancorp - Net interest income increased $15.6 million, or 15.3%, to $117.4 million during Q2 of 2017 compared to $101.8 million during same quarter 2016.  Full Article

Cathay General Bancorp announces extension of end date for Sinopac Bancorp deal
Tuesday, 27 Jun 2017 

June 26 (Reuters) - Cathay General Bancorp ::Cathay General Bancorp announces extension of end date for Sinopac Bancorp acquisition.Cathay General Bancorp - Cathay and Bank Sinopac Co agreed to extend "end date" under stock purchase agreement from July 8, 2017 to Sept 20, 2017.  Full Article

Cathay General Bancorp Q1 earnings per share $0.61
Thursday, 20 Apr 2017 

April 19 (Reuters) - Cathay General Bancorp ::Cathay general bancorp announces first quarter 2017 results.Q1 earnings per share $0.61.Q1 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Cathay General Bancorp - net interest income before provision for credit losses increased $9.7 million, or 9.5 pct, to $112.1 million during q1 of 2017.  Full Article

Cathay General Bancorp reports Q4 earnings per share $0.60
Thursday, 26 Jan 2017 

Cathay General Bancorp : Cathay General Bancorp announces fourth quarter and full year 2016 results . Q4 earnings per share $0.60 . Q4 earnings per share view $0.60 -- Thomson Reuters I/B/E/S . Qtrly net interest income before provision for credit losses increased to $109.9 million compared to $99.4 million last year .Cathay general bancorp- net interest margin was 3.36pct for Q4 of 2016 compared to 3.30pct for Q4 of 2015.  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