Cathay General (CATY) reported Q3 2026 earnings of $1.43 per share, missing the consensus estimate of $1.44, though revenues of $254.65 million exceeded expectations by 11.58%. The stock has gained 25.4% year-to-date, outperforming the S&P 500's 12.7% gain. With mixed estimate revisions, CATY received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.
CATY
Cathay General Bancorp · NASDAQ
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7 latestCathay General (CATY) reported Q3 2026 revenue of $254.65 million, up 20.9% year-over-year and beating consensus estimates by 11.58%. However, EPS of $1.43 slightly missed expectations, and several key banking metrics came in below analyst estimates, including higher net charge-offs and efficiency ratios. The stock holds a Zacks Rank #3 (Hold) rating.
Cathay General Bancorp (CATY), a Los Angeles-based bank holding company, is highlighted as a strong dividend play with a 2.56% yield and an 11.8% year-over-year increase in annualized dividends. The company shows solid earnings growth with 2026 consensus estimates of $5.54 per share (22.03% increase), a conservative 30% payout ratio, and a Zacks Rank of #3 (Hold), making it an attractive option for income investors.
Cathay General (CATY) is expected to report Q3 2026 earnings on October 21 with consensus EPS of $1.44 (+27.4% YoY) and revenues of $228.21M (+8.4% YoY). The stock shows a positive Earnings ESP of +2.54% with a Zacks Rank #3, suggesting a likely earnings beat.
The company has beaten consensus estimates in 3 of the last 4 quarters. RBB, a peer in the Banks - West industry, is expected to post $0.57 EPS (-3.4% YoY) with a negative Earnings ESP of -6.61%.
Cathay General (CATY), a holding company for Cathay Bank, has demonstrated a consistent pattern of beating earnings estimates with an average surprise of 5.71% over the past two quarters. The stock currently has a positive Earnings ESP of +2.54% combined with a Zacks Rank #3 (Hold), suggesting a high probability of another earnings beat in its next quarterly report expected on October 21, 2026.
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Glacier Bancorp is expected to report Q3 2026 earnings on October 22 with consensus estimates of $0.79 EPS (up 27.4% YoY) and $327.98M in revenues (up 25.8% YoY). However, the stock carries a negative Earnings ESP of -0.25%, making it unlikely to beat consensus estimates despite its Zacks Rank #2 rating. The company has beaten EPS estimates in only 2 of the last 4 quarters.
The Federal Home Loan Bank of San Francisco announced its 2026 director election results. Michael Boden, President and CEO of OneAZ Credit Union, was elected as the Arizona member director for a four-year term beginning January 1, 2027. Chang Liu, President and CEO of Cathay Bank, was re-elected as the California member director for another four-year term.
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