Detail akcie Cathay Gnrl Banc online

Business Summary: Cathay General Bancorp is the holding company of Cathay Bank, a California state-chartered commercial bank (the Bank). The Bank services individuals, professionals, and small to medium-sized businesses in the local markets in which its branches are located and provides commercial real estate loans, commercial loans, United States Small Business Administration loans, residential mortgage loans, real estate construction loans, home equity lines of credit, and installment loans to individuals for, household and other consumer expenditures. It offers products and services to businesses, such as checking and deposit, lines of credit, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services. It offers similar services that are available to consumers. It provides financial services to diverse commercial and professional businesses in its market areas.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Cathay General Bancorp interest income increased 17% to $332.6M. Net interest income after loan loss provision decreased 10% to $166.7M. Net income decreased 26% to $71.4M. Net interest income after loan loss provision reflects decrease in interest earning assets and increase in interest bearing liabilities. Net income also reflects Time deposits increase of 71% to $109.5M (expense).