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Recent Updates — CATY

July 22, 2026View Source ↗

Cathay General Bancorp reported second quarter 2026 net income of $92.2 million, or $1.37 per diluted share, compared to $86.9 million, or $1.29 per diluted share in the first quarter. The company increased its share repurchase authorization from $150 million to $200 million, pending regulatory approval, and approved the redemption of $54.1 million of trust preferred securities. Net interest margin rose to 3.48% from 3.43% in the prior quarter. The company operates as a financial holding company for Cathay Bank, providing a wide range of banking services.