- Trade options, futures, options on futures, stocks, ETFs
- $0 commission to close options
- Pro-grade platform and risk analysis tools
Cathay General Bancorp is a banks - regional business based in the US. Cathay General Bancorp shares (CATY) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $46.46 – an increase of 2.36% over the previous week. Cathay General Bancorp employs 1,246 staff and has a trailing 12-month revenue of around $723.8 million.
What's in this guide?
- CATY shares summary
- Compare share dealing platforms
- Is CATY stock a buy or sell?
- Stock performance over time
- Can I short CATY shares?
- Are CATY shares over-valued?
- Cathay General Bancorp's financials
- How volatile are CATY shares?
- Does Cathay General Bancorp pay a dividend?
- Have CATY shares ever split?
- Other common questions
Our top picks for where to buy Cathay General Bancorp stock
- Trade $0 commission stocks & ETFs with as little as $1
- Theme and ETF screener
- Discover new opportunities with Opto's AI-driven classification system
- Trade stocks, options, ETFs, mutual funds, alternative asset funds
- $0 commission on stocks, ETFs and options, with no options contract fees
- Complimentary access to a financial planner and automated investing
How to buy Cathay General Bancorp stock
- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – CATY. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Buy Cathay General Bancorp stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Cathay General Bancorp stock price (NASDAQ: CATY)
Use our graph to track the performance of CATY stocks over time.Cathay General Bancorp shares at a glance
Latest market close | $46.46 |
---|---|
52-week range | $32.39 - $46.70 |
50-day moving average | $43.25 |
200-day moving average | $39.80 |
Wall St. target price | $46.83 |
PE ratio | 11.5342 |
Dividend yield | $1.36 (2.98%) |
Earnings per share (TTM) | $3.95 |
Is it a good time to buy Cathay General Bancorp stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Cathay General Bancorp price performance over time
Historical closes compared with the close of $44.83 from 2024-10-25
1 week (2024-10-22) | -1.23% |
---|---|
1 month (2024-09-27) | 5.31% |
3 months (2024-07-29) | 1.91% |
6 months (2024-04-29) | 28.97% |
1 year (2023-10-27) | 33.94% |
---|---|
2 years (2022-10-27) | 2.47% |
3 years (2021-10-29) | 6.26% |
5 years (2019-10-29) | 32.12% |
Is Cathay General Bancorp stock undervalued or overvalued?
Valuing Cathay General Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cathay General Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cathay General Bancorp's P/E ratio
Cathay General Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Cathay General Bancorp shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Cathay General Bancorp's PEG ratio
Cathay General Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.08. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cathay General Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Cathay General Bancorp financials
Revenue TTM | $723.8 million |
---|---|
Operating margin TTM | 60.75% |
Gross profit TTM | $776 million |
Return on assets TTM | 1.25% |
Return on equity TTM | 10.54% |
Profit margin | 39.84% |
Book value | $39.67 |
Market Capitalization | $3.3 billion |
TTM: trailing 12 months
Cathay General Bancorp share dividends
Dividend payout ratio: 26.67% of net profits
Recently Cathay General Bancorp has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cathay General Bancorp shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Cathay General Bancorp's case, that would currently equate to about $1.36 per share.
While Cathay General Bancorp's payout ratio might seem fairly standard, it's worth remembering that Cathay General Bancorp may be investing much of the rest of its net profits in future growth.
Cathay General Bancorp's most recent dividend payout was on 8 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 28 August 2024 (the "ex-dividend date").
Have Cathay General Bancorp's shares ever split?
Cathay General Bancorp's shares were split on a 2:1 basis on 28 September 2004 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Cathay General Bancorp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Cathay General Bancorp shares which in turn could have impacted Cathay General Bancorp's share price.
Cathay General Bancorp share price volatility
Over the last 12 months, Cathay General Bancorp's shares have ranged in value from as little as $32.3865 up to $46.7. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Cathay General Bancorp's is 1.102. This would suggest that Cathay General Bancorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Cathay General Bancorp overview
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, safe deposit, collection, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, California. .
Frequently asked questions
nullWhat percentage of Cathay General Bancorp is owned by insiders or institutions?
Currently 5.726% of Cathay General Bancorp shares are held by insiders and 74.299% by institutions. How many people work for Cathay General Bancorp?
Latest data suggests 1,246 work at Cathay General Bancorp. When does the fiscal year end for Cathay General Bancorp?
Cathay General Bancorp's fiscal year ends in December. Where is Cathay General Bancorp based?
Cathay General Bancorp's address is: 777 North Broadway, Los Angeles, CA, United States, 90012 What is Cathay General Bancorp's ISIN number?
Cathay General Bancorp's international securities identification number is: US1491501045 What is Cathay General Bancorp's CUSIP number?
Cathay General Bancorp's Committee on Uniform Securities Identification Procedures number is: 149150104
More guides on Finder
-
Best broker cash sweep rates of 2024
Check out our picks for the brokers with the best cash sweep rates on uninvested cash.
-
Today’s Best Brokerage Account Bonuses [Signup and Transfer Promos]
Explore the best bonuses for opening a new brokerage account.
-
Trading for Beginners: 9 Best Trading Platforms to Get Started
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
-
SoFi Invest vs. Robinhood
Compare pros, cons, research tools and reviews for these two trading platforms.
-
10 Best Stock Apps of 2024 to Elevate Your Mobile Trading
Check out our picks of the best trading apps for beginners, options traders, hands-off investors and more.
-
10 Best Brokerage Accounts for Trading and Investing in 2024
See our picks of the best brokerage accounts, including Fidelity, SoFi, Charles Schwab, Public, Robinhood and E*TRADE .
-
SoFi Invest® review 2024: Simple investing, free CFP access
SoFi Invest is a commission-free platform with both active and automated investment accounts.
-
How to Invest $10K
Maximize $10,000 with broker bonuses, IRA contribution matches, index funds, stocks, ladder CDs, hiring a financial advisor and more.
-
How to Invest $20K: 8 Ways to Maximize Earnings
Top ways to invest $20K include stocks, retirement accounts, conservative investments, ETFs and more. See our full list here.
-
Robinhood Review 2024: IRA Match and No Commissions
A deep dive into the highlights and limitations of Robinhood.
Ask a question