Oct 21, 4:32 PM ET
Cathay General Bancorp reported unaudited third-quarter 2026 net income of $95.2 million, or $1.43 per diluted share, up from $92.2 million, or $1.37 per share, in the second quarter. Net interest income reached a record $211.9 million, while credit loss provisions rose to $28.6 million and non-interest expense included an $8.0 million charitable contribution and a $5.4 million contract termination fee.
- Diluted EPS was $1.43 for Q3 2026, versus $1.37 in Q2 2026 and $1.13 in Q3 2025.
- Net interest income was a record $211.9 million, up $11.0 million, or 5.5%, from Q2 2026; net interest margin was 3.52%.
- Provision for credit losses rose to $28.6 million from $11.2 million in Q2 2026, reflecting loan growth and updated loss assumptions.
- Non-interest expense rose 12.0% to $103.4 million, including an $8.0 million charitable contribution and a $5.4 million contract termination fee.
Read the filing on SEC.gov ↗
Jul 22, 4:35 PM ET
Cathay General Bancorp reported second-quarter 2026 net income of $92.2 million, or $1.37 per diluted share, up from $86.9 million and $1.29 in the first quarter. The board also raised the share repurchase authorization from $150 million to $200 million, subject to pending regulatory approval, but non-performing assets rose 13.7% to $145.4 million.
- Net income of $92.2 million and diluted EPS of $1.37 for the quarter ended June 30, 2026, versus $86.9 million and $1.29 in the first quarter of 2026
- Net interest margin widened to 3.48% from 3.43% in the first quarter of 2026
- Non-performing assets rose 13.7% to $145.4 million as of June 30, 2026, with non-accrual loans up 25.5% to $111.7 million
- Board raised the share repurchase authorization from $150 million to $200 million, pending regulatory approval, and approved redeeming $54.1 million of trust preferred securities
Read the filing on SEC.gov ↗
Apr 22, 4:06 PM ET
Cathay General Bancorp reported first-quarter 2026 net income of $86.9 million, or $1.29 per diluted share, down from $90.5 million, or $1.33, in the fourth quarter of 2025 but up from $69.5 million, or $0.98, a year earlier. Net interest margin rose to 3.43%, while a $15.7 million impairment loss on securities cut non-interest income and loan growth was minimal, which the CEO said fell short of company expectations.
- Net income $86.9 million, or $1.29 per diluted share, versus $90.5 million, or $1.33, in Q4 2025 and $69.5 million, or $0.98, in Q1 2025
- Net interest margin rose to 3.43% from 3.36% in Q4 2025; non-interest income fell 25.5% to $20.7 million due to a $15.7 million impairment loss
- Gross loans grew 0.14% to $20.17 billion; total deposits fell $218.5 million to $20.68 billion
- Completed the $150.0 million buyback announced in June 2025; an additional $150.0 million program awaits regulatory approval
Read the filing on SEC.gov ↗
Feb 5, 4:31 PM ET
Cathay General Bancorp appointed Lana Chan as a director of the company and Cathay Bank on February 4, 2026. Director Jane Jelenko notified the company she will retire effective April 30, 2026, and the filing says her decision was not due to any disagreement with the company. After these changes the board will have twelve directors, eight of them independent.
- Lana Chan appointed director effective February 4, 2026, as a Class I director serving until the 2027 annual meeting
- Jane Jelenko to retire from the board effective April 30, 2026; filing states no disagreement with the company
- Board will have twelve directors, eight considered independent
- Committee assignments for Chan not yet determined; an amended 8-K will be filed if assigned
Read the filing on SEC.gov ↗
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