Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedSeptember 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto | --- | --- | --- | |---------------------------------------------------------|------------------------------------------------------- ...

Financial Earnings Results Third Quarter 2024 October 21, 2024 Forward Looking Statements This presentation contains forward-looking statements about Cathay General Bancorp and its subsidiaries (collectively referred to herein as the "Company," "we," "us," or "our") within the meaning of the applicable provisions of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provision for forward-looking statements in these provisions. Sta ...

Cathay General Bancorp (NASDAQ:CATY) Q3 2024 Earnings Conference Call October 21, 2024 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President & CEO Heng Chen - EVP, CFO & Treasurer Conference Call Participants Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Nicholas Moutafakis - KBW Adam Butler - Piper Sandler Operator Good afternoon, ladies and gentlemen, and welcome to Cathay General Bancorp's Third Quarter of 2024 Earnings Conference Call. My name is Rocco, and I will be your coordin ...

Cathay General (CATY) reported $189.52 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 2.1%. EPS of $0.97 for the same period compares to $1.13 a year ago.The reported revenue represents a surprise of +3.73% over the Zacks Consensus Estimate of $182.7 million. With the consensus EPS estimate being $0.98, the EPS surprise was -1.02%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Cathay General (CATY) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.02%. A quarter ago, it was expected that this holding company for Cathay Bank would post earnings of $0.96 per share when it actually produced earnings of $0.97, delivering a surprise of 1.04%. Over the last fou ...

Exhibit 99.1 FOR IMMEDIATE RELEASE For: Cathay General Bancorp Contact: Heng W. Chen 777 N. Broadway (626) 279-3652 Los Angeles, CA 90012 Cathay General Bancorp Announces Third Quarter 2024 Results Los Angeles, Calif., October 21, 2024: 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 September 30, 2024. The Company reported net income of $67.5 million, or $0.94 per diluted ...

Investors are always looking for stocks that are poised to beat at earnings season and Cathay General Bancorp (CATY) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Cathay is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-todate information possible — is a pretty good ...

In its upcoming report, Cathay General (CATY) is predicted by Wall Street analysts to post quarterly earnings of $0.98 per share, reflecting a decline of 13.3% compared to the same period last year. Revenues are forecasted to be $182.7 million, representing a year-over-year decrease of 5.6%. The consensus EPS estimate for the quarter has undergone a downward revision of 3.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their in ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Cathay General (CATY) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Cathay General (CATY) , which belongs to the Zacks Banks - West industry, could be a great candidate to consider. This holding company for Cathay Bank has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4.44%. For the most recent quarter, Cathay wa ...