---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000467"
form_type: "8-K"
ticker: "CATY"
cik: "0000861842"
company_name: "CATHAY GENERAL BANCORP"
filed_at: "2022-04-25T23:59:59+00:00"
generated_at: "2026-06-26T05:12:50.792095+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cathay General Q1 2022 net income $75M, diluted EPS $0.99; completed HSBC West Coast retail banking acquisition

## Summary
- Net income $75.0M vs $73.4M YoY; diluted EPS $0.99 vs $0.92.
- Net interest income up 12.3% to $159.2M; net interest margin 3.26% vs 3.20% YoY.
- Total loans increased $1.1B to $17.4B, including $646.1M from HSBC acquisition.
- Acquired 10 California branches, $575.3M deposits from HSBC on Feb 7, 2022.
- Non-accrual loans up 31% to $86.3M; allowance for loan losses at 0.84% of gross loans.

## SEC filing metadata
- accession: 0001157523-22-000467
- form_type: 8-K
- ticker: CATY
- cik: 0000861842
- company_name: CATHAY GENERAL BANCORP
- filed_at: 2022-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861842/000115752322000467/0001157523-22-000467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861842/000115752322000467/a52695304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000467
- JSON: https://secwatch.observer/filing/0001157523-22-000467.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000467.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.