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Cathay General reports Q1 EPS 98c, consensus 95c

Reports Q1 revenue $187.8M, consensus $186.2M. “We are pleased by the continued increase in the net interest margin compared to the fourth quarter of 2024. During the quarter we completed the $125.0 million share repurchase program announced on May 28th, 2024, by repurchasing 876,906 shares at an average cost of $46.83 per share for a total of $41.1 million”, commented Chang M. Liu, President and Chief Executive Officer of the Company.

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