Cathay General Bancorp Q2 net income rises 11.5% to $77.5 million
Cathay General Bancorp reported second-quarter 2025 net income of $77.5 million, or $1.10 per diluted share, up from $69.5 million, or $0.98 per share, in the first quarter. Non-performing assets rose 14.9% to $199.5 million over the same period, so shareholders get higher profit alongside weaker credit indicators.
Key points
- Net income was $77.5 million, or $1.10 per diluted share, versus $69.5 million, or $0.98, in Q1 2025 and $66.8 million, or $0.92, in Q2 2024.
- Net interest margin rose to 3.27% from 3.25% in the first quarter.
- Non-performing assets rose to $199.5 million from $173.7 million, and non-accrual loans reached $174.2 million as of June 30, 2025.
- The company repurchased 804,179 shares for $35.6 million in the second quarter under a program announced June 4, 2025, authorizing up to $150.0 million.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 22, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.