Cathay General Bancorp: Still Cheap Amid Ongoing NIM Expansion

Core Viewpoint - Cathay General Bancorp (CATY) has shown consistent performance in recent months, with an expanding net interest margin driving earnings growth towards historical averages [1] Summary by Relevant Sections Company Performance - Cathay's net interest margin is recovering and moving back towards its historical average, which is positively impacting earnings growth [1] Investment Strategy - The company is viewed favorably for a long-term, buy-and-hold investment approach, particularly for stocks that can deliver sustainable high-quality earnings [1]