NASDAQ$CATY
Cathay General Bancorp · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Net income increased year-over-year, driven by a decrease in interest expense from deposits
Cathay General Bancorp reported a net income of $72.4 million, or $0.93 per share, for the third quarter of 2021, which increased compared to net income of $56.8 million for the same quarter a year ago. The increase was primarily due to a decrease in interest expense from deposits. Total loans, excluding PPP loans, increased by 9.1% annualized.
- Net income for the quarter ended September 30, 2021, was $72.4 million, an increase of $15.6 million, or 27.5%, compared to net income of $56.8 million for the same quarter a year ago.
- Diluted earnings per share for the quarter ended September 30, 2021, was $0.93 per share compared to $0.71 per share for the same quarter a year ago.
- The net interest margin was 3.22% for the third quarter of 2021 compared to 3.02% for the third quarter of 2020.
- During the third quarter of 2021, the Company repurchased 942,613 shares of common stock at an average cost of $39.40 per share for a total of $37.1 million during the quarter.
Headline financials
Revenue & EPS history
Cathay General · Revenue · Quarterly
$165M
Revenue by segment
Cathay General · $163M total across 4 segments · Q1 2021
- Loan Receivable$160M—97.8%
- Investment Securities$3.07M—1.9%
- Deposits with Banks$315K—0.2%
- FHLB Stock$217K—0.1%
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 Q3 2021
+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
| Quarter | Report date | Reaction (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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