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Stock impact report

3 Reasons to Avoid CATY and 1 Stock to Buy Instead [Yahoo! Finance]

Cathay General Bancorp (CATY) 
Last cathay general bancorp earnings: 4/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: cathaybank.com/cathay-general/home
Company Research Source: Yahoo! Finance
However, the stock is beating the S&P 500's 5.5% decline during that period. Is now the time to buy Cathay General Bancorp, or should you be careful about including it in your portfolio? Check out our in-depth research report to see what our analysts have to say, it's free Why Is Cathay General Bancorp Not Exciting? Despite the relative momentum, we're swiping left on Cathay General Bancorp for now. Here are three reasons there are better opportunities than CATY and a stock we'd rather own. 1. Long-Term Revenue Growth Disappoints Two primary revenue streams drive bank earnings. While net interest income, which is earned by charging higher rates on loans than paid on deposits, forms the foundation, fee-based services across banking, credit, wealth management, and trading operations provide additional income. Regrettably, Cathay General Bancorp's revenue grew at a tepid 6.4% compounded annual growth rate over the last five years. This fell short of our benchmark for the bank Show less Read more
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