Cathay General Bancorp: Still Cheap Amid Ongoing NIM Expansion (CATY)

Core Viewpoint - Cathay General Bancorp (CATY) has shown consistent performance in recent months, with its net interest margin expanding towards historical averages, contributing to earnings growth [1] Group 1: Financial Performance - The net interest margin of Cathay General Bancorp has been improving, which is a positive indicator for the bank's profitability [1] - The earnings growth is described as decent, suggesting a stable financial outlook for the company [1] Group 2: Investment Strategy - The investment approach favored is long-term and buy-and-hold, focusing on stocks that can deliver sustainable high-quality earnings [1]