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Cathay General Bancorp Announces Second Quarter 2022 Results

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: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended June 30, 2022. The Company reported net income of $89.0 million, or $1.18 per share, for the second quarter of 2022.FINANCIAL PERFORMANCEThree months ended(unaudited)June 30, 2022March 31, 2022June 30, 2021Net income$89.0 million$75.0 million$77.2 millionBasic earnings per common share$1.19$1.00$0.98Diluted earnings per common share$1.18$0.99$0.97Return on average assets1.69%1.46%1.60%Return on average total stockholders' equity14.62%12.29%12.53%Efficiency ratio Show less Read more
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