Cathay General Bancorp CATY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CATY is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- $34.89
- Day Range
- $34.57–35.65
- 52-Week Range
- $27.24–45.72
- Bid/Ask
- $14.22 / $56.49
- Market Cap
- $2.58 Bil
- Volume/Avg
- 327,367 / 384,425
Key Statistics
- Price/Earnings (Normalized)
- 7.08
- Price/Sales
- 3.33
- Dividend Yield (Trailing)
- 3.90%
- Dividend Yield (Forward)
- 3.90%
- Total Yield
- 4.42%
Company Profile
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 1,246
- Website
- https://www.cathaybank.com
Comparables
Valuation
|
Metric
|
CATY
|
RBB
|
ORRF
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.08 | 8.23 | 7.35 |
Price/Book Value | 0.93 | 0.67 | 1.04 |
Price/Sales | 3.33 | 2.77 | 2.09 |
Price/Cash Flow | 5.61 | 6.12 | 5.65 |
Price/Earnings
CATY
RBB
ORRF
Financial Strength
|
Metric
|
CATY
|
RBB
|
ORRF
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
CATY
|
RBB
|
ORRF
|
|---|---|---|---|
Return on Assets (Normalized) | 1.61% | 1.06% | 1.22% |
Return on Equity (Normalized) | 14.01% | 8.62% | 14.98% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
CATY
RBB
ORRF
Banks - Regional Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
BNPQY
| BNP Paribas ADR | Vmntjbpm | Lwph | $82.2 Bil | |
ISNPY
| Intesa Sanpaolo ADR | Hqkdxmzlc | Qps | $68.7 Bil | |
USB
| U.S. Bancorp | Fhgwzykyp | Wnchy | $64.9 Bil | |
PNC
| PNC Financial Services Group Inc | Dgqnlqbzd | Gbblxdy | $62.9 Bil | |
ITUB
| Itau Unibanco Holding SA ADR | Fssqtkwsq | Nmmn | $56.9 Bil | |
TFC
| Truist Financial Corp | Qxgsclcd | Swrbkpy | $51.9 Bil | |
MFG
| Mizuho Financial Group Inc ADR | Gswfpzz | Shb | $49.9 Bil | |
LYG
| Lloyds Banking Group PLC ADR | Xpskcxhq | Wfzldp | $40.1 Bil | |
DB
| Deutsche Bank AG | Rydb | Ldty | $32.8 Bil | |
NWG
| NatWest Group PLC ADR | Klpgw | Cdxg | $31.1 Bil |