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Stock impact report

Cathay General Bancorp Remains A 'Buy' On Strong Financials [Seeking Alpha]

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: Seeking Alpha
CATY's deposits and loans both expanded, with net interest income and non-interest income rising, supporting robust profit growth. Valuation is slightly above preferred thresholds, but superior return on assets (1.49%) and equity (12.27%) justify the premium. Credit quality improved, with non-performing assets down to 0.59%, reinforcing confidence in CATY's risk profile. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Guido Mieth/DigitalVision via Getty Images Back in early November of last year, I made the decision to upgrade Cathay General Bancorp ( CATY ) from a "Hold" to a "Buy." This was based on improved valuation for the company, on top of solid financial performance that management had achieved. There were More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies th Show less Read more
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