Are Things Looking Up For Cathay General Bancorp (NASDAQ: CATY)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Banks – Regional industry segment. The current market capitalization of Cathay General Bancorp is $2.64B. A total of 0.57 million shares were traded on the day, compared to an average of 434.27K shares.

In the most recent transaction, TANG ANTHONY M sold 2,500 shares of CATY for 45.00 per share on Mar 07 ’25. After the transaction, the Vice Chairman now owns 188,792 company shares. In a previous transaction on Dec 10 ’24, TANG ANTHONY M sold 2,500 shares at 51.52 per share. CATY shares that Vice Chairman owns now total 191,292.

Among the insiders who sold shares, TANG ANTHONY M disposed of 2,500 shares on Dec 09 ’24 at a per-share price of $51.04. This resulted in the Vice Chairman holding 193,792 shares of CATY after the transaction. In another insider transaction, TANG ANTHONY M sold 3,000 shares at $52.27 per share on Nov 06 ’24. Company shares held by the Vice Chairman now total 196,292.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Cathay General Bancorp pays an annual dividend of $1.36, resulting in a dividend yield of 3.62%, and it has a price to earnings (P/E) ratio of 9.51. CATY’s most recent ex-dividend date was 2.92% when it declared a $0.34 quarterly dividend that was paid in cash on 2/27/2025. Previously, the company paid the dividend on 11/27/2024 with an ex-dividend date of 2.63%. The CATY stock dividend was $0.34 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CATY has a high of $55.29 and a low of $33.88.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $40.16, while its Total Shareholder’s Equity was $2.45B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CATY is Buy with a score of 3.00.

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