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Cathay General Bancorp (CATY)
NASDAQ:CATY
Earnings Data
Report Date
Apr 27, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.21Last Year’s EPS
0.98Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive performance: solid quarterly and annual earnings growth, EPS expansion, loan and deposit growth, improved NIM and noninterest income, active buybacks, and modestly stronger capital. Key risks flagged include a rise in special mention loans, continued competition pressuring loan yields and deposit pricing (notably ~$4B of maturing CDs), higher effective tax rate and near-term expense growth, and a high share of uninsured deposits (though liquidity coverage is adequate). Overall, management presented confidence in credit trends and liquidity while acknowledging pockets of near-term credit monitoring and competitive pressure.Company Guidance
Quarterly Net Income and EPS Growth
Q4 net income of $90.5M, up 16.5% QoQ from $77.7M; diluted EPS $1.33 in Q4, up 18.3% QoQ from $1.13. Full year 2025 net income $315.1M, up 10.1% YoY from $286.0M.
Share Repurchase Activity
Repurchased 1.1M shares for $51.9M at an average cost of $47.15 under the June 2025 $150M buyback program; $12M remains and is expected to be completed in early February; management plans a new buyback program pending approvals.
Loan Growth and Portfolio Composition
Total gross loans grew $42M in Q4, driven by +$18M CRE and +$17M residential. Management expects loan growth of 3.5%–4.5% in 2026. Fixed-rate and hybrid loans represent ~60% of the loan portfolio (30% fixed, 30% hybrid in fixed period); fixed-to-float swaps are 3.1% of total loans — positioning to support yields as market rates decline.
Credit Quality Improvements and Resolutions
Net charge-offs improved to $5.4M in Q4 versus $15.6M in prior quarter. Nonaccrual loans declined $53.3M to $112.4M (0.6% of loans). Bank sold a $15.8M CRE loan at par and returned a $10.8M CRE loan to accrual status. Classified loans decreased from $420M to $391M.
Provisioning and Reserve Metrics
Provision for credit losses declined to $17.2M in Q4 from $28.7M in Q3. Allowance for loan and lease losses (ALLL) to gross loan ratio increased modestly to 0.97% from 0.93%; excluding residential loans, reserve-to-loan would be 1.22%.
Deposit Growth and Strong Liquidity
Total deposits increased $373M (7.6% annualized) in Q4 driven by $366M core deposit growth. Management expects 4%–5% deposit growth in 2026. Uninsured deposits were $9.3B (44.6% of total) net of $0.9B collateralized, and available liquidity (FHLB $7.5B, FRB $1.3B, unpledged securities $1.6B) covers >100% of uninsured/unpledged deposits.
Net Interest Margin and Noninterest Income Improvement
Net interest margin rose to 3.36% in Q4 from 3.31% QoQ; management projects 2026 NIM of 3.4%–3.5% assuming two Fed cuts. Noninterest income increased to $27.8M from $21.0M QoQ, largely due to a $6.4M unrealized mark-to-market gain on equity securities. Interest recoveries/prepayment penalties added 5 bps to NIM in Q4.
Capital Ratios and Financial Strength
Capital ratios improved slightly QoQ: Tier 1 leverage 10.91% (from 10.88%), Tier 1 risk-based 13.27% (from 13.15%), total risk-based 14.93% (from 14.76%), indicating continued capital adequacy.
CATY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CATY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 22, 2026 | $52.30 | $50.73 | -3.00% |
Oct 21, 2025 | $46.80 | $45.84 | -2.04% |
Jul 22, 2025 | $47.23 | $47.86 | +1.34% |
Apr 21, 2025 | $37.77 | $40.46 | +7.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cathay General Bancorp (CATY) report earnings?
Cathay General Bancorp (CATY) is schdueled to report earning on Apr 27, 2026, After Close (Confirmed).
What is Cathay General Bancorp (CATY) earnings time?
Cathay General Bancorp (CATY) earnings time is at Apr 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CATY EPS forecast?
CATY EPS forecast for the fiscal quarter 2026 (Q1) is 1.21.