Washington, D.C. 20549 Table of Contents Form 10-K ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------|-----------------------| | | | | Cathay General Bancorp | | | (Exact name of Registrant as specified in its | charter) | | Delaware | 95-4274680 | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification No.) | | 777 North Broadway, | 90012 | | ...

Cathay General Bancorp (NASDAQ:CATY) Q4 2022 Earnings Conference Call January 25, 2023 6:00 PM ET Company Participants Georgia Lo - Investor Relations Chang Liu - President and Chief Executive Officer Heng Chen - Executive Vice President and Chief Financial Officer Conference Call Participants Chris McGratty - KBW Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Operator Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp’s Fourth Quarter and Full Ye ...

Financial Performance Highlights - Net income for the fourth quarter of 2022 was $976 million, a decrease of 1% compared to the previous quarter but an increase of 30% compared to the fourth quarter of 2021[18] - Diluted earnings per share (EPS) for 4Q22 was $133, remaining consistent with the previous quarter and showing a 36% increase year-over-year[18] - Total revenue for 4Q22 reached $2139 million, reflecting a 3% increase from the previous quarter and a 22% increase compared to 4Q21[18] - Net interest income (NII) for 4Q22 was $2018 million, up 2% from the previous quarter and 30% from 4Q21[18] - The efficiency ratio for 4Q22 was 3797%, a 4% increase from the previous quarter but a 9% decrease compared to 4Q21[18] Balance Sheet and Capital Strength - Total assets as of December 31, 2022, were $21986 billion, a slight increase of $96 million from the previous quarter[19] - Total loans reached $18254 billion as of December 31, 2022, representing a 1% increase from the previous quarter and a 17% increase year-over-year[18] - Total deposits amounted to $18505 billion as of December 31, 2022, remaining relatively stable compared to the previous quarter but showing a 15% increase year-over-year[18] - The company maintains strong capital ratios, exceeding regulatory standards under Basel III[10, 64, 85] - Tangible book value per share was $2877 as of December 31, 2022, a 368% increase compared to September 30, 2022, and a 531% increase year-over-year[2, 64] Loan Portfolio Composition - The total loan portfolio was $183 billion as of December 31, 2022, with the following composition: Commercial Real Estate (CRE) at 48%, Residential Mortgage at 31%, Commercial & Industrial (C&I) at 18%, and Construction at less than 1%[38, 39]

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 ended September 30, 2022 OR (Exact name of registrant as specified in its charter) | --- | --- | |---------------------------------|-------------------------------------------------------------------------------------------| | ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF T ...

Financial Data and Key Metrics Changes - The company reported net income of $99 million for Q3 2022, a 36.8% increase compared to $72.4 million in Q3 2021 [6] - Diluted earnings per share increased by 45.2% to $1.35 for Q3 2022, up from $0.93 in the same quarter a year ago [6] - Net interest margin expanded to 3.83% in Q3 2022 from 3.22% in Q3 2021 [15] Business Line Data and Key Metrics Changes - Gross loans increased by $318.9 million or 7.8% annualized in Q3 2022, driven by a $193.4 million increase in commercial loans (26.8% annualized) and a $114.7 million increase in commercial real estate loans (5.6% annualized) [7] - Non-interest income decreased by $2.3 million to $9.9 million in Q3 2022, primarily due to a $3.7 million loss in equity securities [16] - Non-interest expense increased by $3.2 million or 4.3% to $75.4 million in Q3 2022 compared to $72.2 million in Q3 2021 [17] Market Data and Key Metrics Changes - Total deposits increased by $288.4 million or 6.4% annualized during Q3 2022 [12] - Time deposits increased by $686 million or 49.7% annualized, while money market deposits decreased by $287 million or 33.6% annualized [12][13] Company Strategy and Development Direction - The company expects overall loan growth for 2022 to range between 11% to 12.5%, including approximately $646.1 million from the acquisition of certain HSBC West Coast branches [8] - The company is targeting deposit growth to match loan growth, with expectations for slower loan growth in Q4 due to higher interest rates [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a gradual increase in net interest margin for Q4 2022, but noted potential challenges in 2023 due to market conditions [21] - The effective tax rate for Q3 2022 was 23.8%, with expectations for Q4 2022 to be between 22.5% and 23% [18] Other Important Information - The company repurchased $1.08 million of shares at an average cost of $42.88, totaling $46.3 million in Q3 2022, with $76.9 million remaining in the stock repurchase program [14] - As of September 30, 2022, the tier one leverage capital ratio decreased to 10.02% from 10.05% as of June 30, 2022 [19] Q&A Session Summary Question: NIM outlook beyond this year - Management believes NIM will gradually increase in Q4 and is optimistic about reaching 4% for the full year of 2023 [21] Question: Deposit growth guidance - Management expects deposit growth to match loan growth, with a target of approximately $300 million in deposit growth for Q4 [24][26] Question: Loan growth expectations for 2023 - Management anticipates continued runoff in construction and equity lines of business, with slower growth in commercial mortgage [28] Question: FHLB advances and stability - Management expects FHLB borrowings to decrease, currently at about $150 million [31] Question: Deposit beta assumptions - Management indicated that cumulative deposit beta should be about 30% as the fed funds rate approaches 4.50% to 4.75% [37] Question: Capital return outlook - Management plans to continue share buybacks, expecting to buy back a million shares in Q4 2022 [43]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition to | --- | --- | --- | |-------------------------------------------------------------|------------------------------------------------------------------------------ ...

Cathay General Bancorp (NASDAQ:CATY) Q2 2022 Earnings Conference Call July 25, 2022 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President and CEO Heng Chen - EVP and CFO Conference Call Participants Matthew Clark - Piper Sandler Brandon King - Truist Securities Andrew Terrell - Stephens Inc. Chris McGratty - KBW Operator Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp's Second Quarter 2022 Earnings Conference Call. My name is Andrew and I'll be your coordinator for ...

Financial Earnings Results. Second Quarter 2022 July 25, 2022 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. Stat ...

Title of each class Trading Symbol Name of each exchange on which registered Common Stock CATY Nasdaq Global Select Market 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 ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission fil ...

Cathay General Bancorp (NASDAQ:CATY) Q1 2022 Earnings Conference Call April 25, 2022 6:00 PM ET Company Participants Megan Cheung - IR Chang Liu - President and CEO Heng Chen - EVP and CFO Conference Call Participants Brandon King - Truist Securities Matthew Clark - Piper Sandler David Chiaverini - Wedbush Securities Andrew Terrell - Stephens Inc. Operator Good afternoon, ladies and gentlemen and welcome to Cathay General Bancorp's First Quarter 2022 Earnings Conference Call. My name is Andrew and I'll be y ...