NASDAQ$CATY

Cathay General Bancorp · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Cathay General Bancorp reported an increase in net income and earnings per share for Q2 2022.

Cathay General Bancorp reported a net income of $89.0 million, or $1.18 per share, for the second quarter of 2022, representing an increase compared to both the previous quarter and the same quarter last year. The results were driven by loan growth and higher interest rates, which boosted net interest income.

  • Net income for the quarter was $89.0 million, or $1.18 per share.
  • Total loans increased to $17.8 billion, or 9.5% annualized.
  • Net interest income increased by 18.4% compared to the same quarter last year.
  • The company repurchased 0.75 million shares at an average cost of $40.78 per share, for a total of $30.6 million.

Headline financials

Total Revenue

$190M

Previous: $161M+18.2%
EPS (adj)

$1.18

Previous: $0.97+21.6%
Return on Avg. Assets

1.7%

Previous: 1.6%+5.6%
Return on Avg. Equity

14.6%

Previous: 12.5%+16.7%
Efficiency Ratio

39.1%

Previous: 43.4%-10.0%
Net Interest Margin

3.5%

Previous: 3.2%+8.6%
Capital Expenditures

-$2.23M

Previous: -$1.79M-24.7%
Free Cash Flow

$86.7M

Previous: $75.4M+15.0%
Net Income

$89M

Previous: $77.2M+15.3%
Operating Income

$125M

Previous: $95.9M+30.7%
Gross Profit

$187M

Previous: $154M+21.6%
Cash & Equivalents

$142M

Previous: $134M+6.2%
Total Assets

$21.2B

Previous: $19.3B+9.8%
Stock-Based Comp

$1.8M

Previous: $2.4M-25.0%

Revenue & EPS history

Cathay General · Revenue · Quarterly

$190M

Q2 2022+18.2%vs Q2 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Cathay General · $163M total across 4 segments · Q1 2021

  • Loan Receivable
    $160M
  • Investment Securities
    $3.07M
  • Deposits with Banks
    $315K
  • FHLB Stock
    $217K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.2%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+3.4%

Avg return

30 days after

41%

27 / 66 earnings

Positive

+11.2%

Q1 2020

Best reaction

-5.7%

Q4 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%+3.6%+6.5%
Q4 2025-3.0%-4.4%+2.3%
Q3 2025-2.2%-0.8%+1.5%
Q2 2025-2.1%-1.2%+1.7%
Q1 2025+7.1%+9.3%+11.7%
Q4 2024-3.9%-3.0%-6.0%
Q3 2024-1.4%-2.6%+10.2%
Q2 2024+3.1%+7.7%+1.0%
Q1 2024-3.1%-2.7%+2.9%
Q4 2023-1.2%+0.2%-9.5%
Q3 2023-1.0%+0.3%+10.0%
Q2 2023+5.1%+7.4%-3.2%
Q1 2023-0.9%-7.2%-9.7%
Q4 2022-1.5%-0.6%+2.8%
Q3 2022+6.5%+8.1%+9.3%
Q2 2022-1.2%+1.9%+6.4%
Q1 2022-5.1%-7.4%-9.1%
Q4 2021+1.2%+5.6%+7.1%
Q3 2021-0.7%-1.8%+6.4%
Q2 2021-0.2%+2.1%+7.3%
Q1 2021+0.6%-1.8%-0.7%
Q4 2020-2.3%-4.4%+4.1%
Q3 2020-3.7%-2.9%+27.0%
Q2 2020-3.3%-4.9%-1.3%
Q1 2020+11.2%+9.7%+19.5%
Q4 2019-0.3%-1.1%-2.1%
Q3 2019+1.1%+2.6%+5.2%
Q2 2019+3.3%+3.4%-2.5%
Q1 2019-1.8%-3.1%-0.1%
Q4 2018+0.0%+0.4%+6.4%
Q3 2018-1.7%-5.1%-1.8%
Q2 2018+4.2%+5.7%+5.1%
Q1 2018+3.1%+3.1%+7.2%
Q4 2017-0.3%+0.5%-6.1%
Q3 2017+1.9%+0.5%+2.1%
Q2 2017+3.3%+3.2%-5.6%
Q1 2017+5.4%+7.5%+0.6%
Q4 2016+2.8%-1.2%+8.2%
Q3 2016-0.7%-0.4%+16.8%
Q2 2016-0.5%+0.1%+3.5%
Q1 2016+0.2%
Q4 2015-3.8%
Q3 2015-0.1%
Q2 2015+2.6%
Q1 2015+1.5%
Q4 2014+7.2%
Q3 2014+0.2%
Q2 2014+2.4%
Q1 2014+0.5%
Q4 2013-5.7%
Q3 2013+3.9%
Q2 2013+1.4%
Q1 2013-0.2%
Q4 2012-4.6%
Q3 2012+10.2%
Q2 2012-0.2%
Q1 2012+1.9%
Q4 2009-1.4%
Q4 2011-1.4%
Q4 2010-1.4%
Q3 2011-1.3%
Q3 2010-1.3%
Q2 2011-3.8%
Q2 2010-3.8%
Q1 2011-2.7%
Q1 2010-2.7%

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