Cathay General Bancorp Reports Q2 Growth

Cathay General Bancorp (NASDAQ:CATY), a regional bank with a strong footprint in Asian-American communities, released its earnings for the second quarter of 2025 on July 22, 2025. The company modestly surpassed Wall Street expectations, reporting diluted earnings per share of $1.10 versus a consensus estimate of $1.09, and revenue of $195.9 million against an estimate of $195.92 million. The period showed an uptick in both revenue and efficiency, but also revealed a rise in non-performing assets. Overall, the quarter presented incremental progress, with some early warning signs on credit quality that will be important to monitor. Source: Analyst estimates for the quarter provided by FactSet. Cathay General Bancorp, founded in 1962 and headquartered in Los Angeles, focuses on community banking particularly for Chinese-American and other minority communities on the U.S. West Coast, New York, and select Asian markets. Its core business is providing loans, deposit accounts, and related banking services across over 60 branches in major metropolitan markets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool