in 1962, cathay bank opened for business with the mission of providing financial services to the growing but underserved chinese-american community in the greater los angeles area, thus becoming the first chinese-american bank in southern california. recognizing that the community it served was part of a more diverse one, cathay bank adopted the motto "an open door for all." its rapid expansion was fueled by successive waves of immigration, burgeoning trade between america and asia, and the economic development of the surrounding community. today, cathay bank is a subsidiary of cathay general bancorp (nasdaq: caty), a publicly held bank holding company. its service network extends from the west coast to new york and massachusetts on the eastern seaboard, north to the state of washington, and south to texas. overseas, it has a presence in the three important commercial centers in the asian-pacific rim—hong kong, taipei, and shanghai. cathay bank, with years of history and experience,
Company profile
Ticker
CATY
Exchange
Website
CEO
Pin Tai
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CATHAY BANCORP INC
SEC CIK
Corporate docs
Subsidiaries
Cathay Holdings LLC ...
IRS number
954274680
CATY stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Feb 24
8-K
Results of Operations and Financial Condition
24 Jan 24
8-K
Departure of Directors or Certain Officers
17 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Results of Operations and Financial Condition
23 Oct 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Results of Operations and Financial Condition
24 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
16 May 23
10-Q
2023 Q1
Quarterly report
9 May 23
Transcripts
CATY
Earnings call transcript
2023 Q4
24 Jan 24
CATY
Earnings call transcript
2023 Q3
23 Oct 23
CATY
Earnings call transcript
2023 Q2
24 Jul 23
CATY
Earnings call transcript
2023 Q1
20 Apr 23
CATY
Earnings call transcript
2022 Q4
25 Jan 23
CATY
Earnings call transcript
2022 Q3
24 Oct 22
CATY
Earnings call transcript
2022 Q2
26 Jul 22
CATY
Earnings call transcript
2022 Q1
26 Apr 22
CATY
Earnings call transcript
2021 Q4
28 Jan 22
CATY
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Cost of revenue | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 24.60 mm | 24.60 mm | 24.60 mm | 24.60 mm | 24.60 mm | 24.60 mm |
Cash burn (monthly) | 5.67 mm | 675.00 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 33.86 mm | 4.03 mm | n/a | n/a | n/a | n/a |
Cash remaining | -9.26 mm | 20.57 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -1.6 | 30.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
74.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 213 |
Opened positions | 33 |
Closed positions | 36 |
Increased positions | 80 |
Reduced positions | 67 |
13F shares | Current |
---|---|
Total value | 1.82 tn |
Total shares | 53.89 mm |
Total puts | 22.40 k |
Total calls | 72.20 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.59 mm | $333.20 bn |
Vanguard | 8.06 mm | $280.12 bn |
Dimensional Fund Advisors | 3.70 mm | $128.61 bn |
STT State Street | 3.16 mm | $109.92 bn |
GS Goldman Sachs | 2.54 mm | $88.34 bn |
Charles Schwab Investment Management | 2.03 mm | $70.49 bn |
Massachusetts Financial Services | 1.65 mm | $57.51 bn |
PFG Principal Financial Group Inc - Registered Shares | 1.54 mm | $53.54 bn |
Geode Capital Management | 1.52 mm | $52.79 bn |
LSV Asset Management | 1.14 mm | $39.76 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Jan 24 | Tang Anthony M | Common Stock | Sell | Dispose S | No | No | 43.4502 | 7,000 | 304.15 k | 204,500 |
News
Cathay General Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards
11 Mar 24
Cathay General's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
22 Feb 24
Cathay General: Q4 Earnings Insights
24 Jan 24
Cathay General Q4 EPS $1.13 Beats $1.06 Estimate
24 Jan 24
Earnings Scheduled For January 24, 2024
24 Jan 24