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Upturn AI SWOT - About
Cathay General Bancorp (CATY)
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Upturn Advisory Summary
04/01/2025: CATY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 2.58% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.01B USD | Price to earnings Ratio 10.84 | 1Y Target Price 50.8 |
Price to earnings Ratio 10.84 | 1Y Target Price 50.8 | ||
Volume (30-day avg) 454120 | Beta 1.08 | 52 Weeks Range 32.84 - 54.53 | Updated Date 04/1/2025 |
52 Weeks Range 32.84 - 54.53 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 3.16% | Basic EPS (TTM) 3.95 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 41.31% | Operating Margin (TTM) 57.74% |
Management Effectiveness
Return on Assets (TTM) 1.24% | Return on Equity (TTM) 10.25% |
Valuation
Trailing PE 10.84 | Forward PE - | Enterprise Value 2207017216 | Price to Sales(TTM) 4.35 |
Enterprise Value 2207017216 | Price to Sales(TTM) 4.35 | ||
Enterprise Value to Revenue 4.44 | Enterprise Value to EBITDA - | Shares Outstanding 70285296 | Shares Floating 66969935 |
Shares Outstanding 70285296 | Shares Floating 66969935 | ||
Percent Insiders 5.85 | Percent Institutions 77.93 |
Analyst Ratings
Rating 3.6 | Target Price 53.6 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold 2 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Cathay General Bancorp
Company Overview
History and Background
Cathay General Bancorp (CATY) was founded in 1962 in Los Angeles, California, as Cathay Bank to serve the growing Chinese-American community. It has expanded organically and through acquisitions, becoming a leading bank focusing on serving ethnic communities.
Core Business Areas
- Commercial Banking: Provides a wide array of loan products and services to businesses, including commercial real estate, working capital, and trade finance.
- Retail Banking: Offers deposit accounts, mortgage loans, and other services to individuals and families.
- Real Estate Lending: Focuses on financing commercial and residential real estate projects.
Leadership and Structure
The leadership team consists of senior executives with experience in banking and finance. The organizational structure includes various departments responsible for different business functions, such as lending, operations, and risk management.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Financing for commercial real estate projects. Market share data is not readily available for this specific product. Competitors include regional and national banks such as Bank of America (BAC) and Wells Fargo (WFC).
- SBA Loans: Small Business Administration (SBA) loans to support small businesses. Market share data is not readily available for this specific product. Competitors include regional and national banks that offer SBA loan programs.
- Mortgage Loans: Home loans for individuals and families. Market share data is not readily available for this specific product. Competitors include large national lenders and other regional banks.
Market Dynamics
Industry Overview
The banking industry is currently experiencing increased competition, rising interest rates, and evolving regulatory landscape. Digital banking is also transforming the industry.
Positioning
Cathay General Bancorp is positioned as a leading bank serving ethnic communities, particularly the Chinese-American community. Its competitive advantages include its strong relationships with these communities and its deep understanding of their financial needs.
Total Addressable Market (TAM)
The TAM includes the entire market for banking services within Asian American communities, estimated to be in the hundreds of billions of dollars. CATY is positioned well within this TAM, focusing on niche markets and personalized services.
Upturn SWOT Analysis
Strengths
- Strong brand recognition within the Asian-American community
- Deep understanding of customer needs in target markets
- Solid credit quality
- Experienced management team
Weaknesses
- Geographic concentration in California and New York
- Limited diversification compared to larger banks
- Higher cost structure than bigger banks
Opportunities
- Expansion into new geographic markets with significant Asian-American populations
- Increased adoption of digital banking technologies
- Strategic acquisitions of smaller banks or fintech companies
Threats
- Increased competition from larger banks and fintech companies
- Economic downturns impacting loan demand and credit quality
- Changes in regulatory requirements
- Rising interest rates potentially impacting profitability
Competitors and Market Share
Key Competitors
- EAST
- BOH
- TCBI
Competitive Landscape
Cathay General Bancorp's competitive advantage lies in its deep understanding of the Asian-American market. However, it faces competition from larger banks with greater resources and broader product offerings.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Cathay General Bancorp has demonstrated consistent growth in assets, loans, and deposits over the past decade, driven by organic expansion and strategic acquisitions.
Future Projections: Analyst estimates suggest continued growth for Cathay General Bancorp, driven by its focus on serving ethnic communities and its expansion into new markets.
Recent Initiatives: Recent strategic initiatives include investments in digital banking technologies and expansion into new geographic markets.
Summary
Cathay General Bancorp is a solid financial institution serving the Asian American community. Its deep market understanding and strong relationships are key strengths. However, it faces challenges from larger competitors and economic uncertainties. Investments in digital banking are working well and geographic concentration must be looked out for.
Similar Companies
BOH
Bank of Hawaii Corporation
BOH
Bank of Hawaii Corporation
CASH
Meta Financial Group Inc
CASH
Meta Financial Group Inc
EAST
Eastside Distilling Inc
EAST
Eastside Distilling Inc
TCBI
Texas Capital Bancshares Inc
TCBI
Texas Capital Bancshares Inc
WSBC
WesBanco Inc
WSBC
WesBanco Inc
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data can fluctuate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Cathay General Bancorp
Exchange NASDAQ | Headquaters Los Angeles, CA, United States | ||
IPO Launch date 1990-12-17 | CEO, President & Director Mr. Chang Ming Liu | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 1266 | |
Full time employees 1266 | |||
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. It offers savings accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits, and acceptance of checking, savings, and time deposits. The company also provides loan products, such as commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, and installment loans to individuals for household and other consumer expenditures. In addition, it offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, safe deposit, collection, automatic teller machine, Internet banking, investment, and other customary bank services, as well as investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services. Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, California.
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