Cathay General Bancorp (CATY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Cathay General Bancorp

NasdaqGS•Financial Services•Banks - Regional

$62.00-0.45(-0.01%)Pre-market

Market Cap

$4.17B

P/E

12.0x

P/S

3.0x

P/B

1.4x

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. It offers savings accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits, and acceptance of checking, savings, demand deposits, time deposits, real estate, and consumer loans. The company also provides loan products, such as commercial real estate loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, and installment loans to individuals for household and other consumer expenditures. In addition, it offers trade financing, letter of credit, wire transfer, foreign currency spot and forward contract, safe deposit, overdraft, cash checking, automatic teller machine, Internet banking, investment, and other customary bank services, as well as investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services. The company was formerly known as Cathay Bancorp, Inc. and changed its name to Cathay General Bancorp in November 2003. Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, California.

How this company scores

WeakMetricSide Score: 81/100

Grade capped at D — Interest coverage below 1× (0.9x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability23/25

Growth17/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Grade capped at D

Interest coverage below 1× (0.9x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.0x5y range 6.1x – 12.0x

Currently near its 20-quarter median.

P/S · 3.0x5y range 2.0x – 4.6x

Currently near its 20-quarter median.

P/B · 1.4x5y range 0.9x – 1.4x

Price & Volume

Market Cap $4.17B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.41B
Q. Revenue: $348.86M
TTM EBITDA: $445.64M
TTM Op. Income: $435.93M
Q. Op. Income: $118.75M
TTM Net Income: $347.26M
Q. Net Income: $92.21M
EPS: $1.38
Shares Out.: $67.01M

$1.41B in TTM revenue grew 2.5% YoY, reaching $348.86M last quarter. TTM EBITDA of $445.64M and TTM operating income of $435.93M show growth is flowing through to the bottom line. TTM net income of $347.26M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 63.7%
EBITDA Margin: 34.5%
Op. Margin: 34.0%
Net Margin: 26.4%

Op. margin of 34.0% is up 5.6% YoY — cost efficiency is improving. Net margin at 26.4% and gross margin of 63.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.0x
P/S Ratio: 3.0x
P/B Ratio: 1.4x

At 12.0x P/E, the stock trades below typical market levels. P/S of 3.0x and P/B of 1.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 11% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $24.65B
Cash: $1.33B
Long-Term Debt: $119.14M
Book Value: $3.05B
D/E Ratio: 0.0
Debt/EBITDA: 1.0

With $24.65B in assets and $119.14M in long-term debt, D/E is 0.0and book value is $3.05B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $237.18M
TTM Free Cash Flow: $534.24M
FCF Margin: 37.9%
FCF / Net Income: 1.5

TTM FCF of $534.24M on $237.18M in operating cash flow. The FCF / Net Income ratio of 1.5x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 64% — an improving trend.