secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2022-07-25T23:59:59+00:00
Accession:  0001157523-22-000891
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cathay General Bancorp Q2 net income $89M ($1.18 EPS), up 15% YoY; NIM expands to 3.52%
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- Net income $89.0M ($1.18 diluted EPS) vs $77.2M ($0.97) in Q2 2021, up 15.3%.
- Net interest margin 3.52% vs 3.24% a year ago; net interest income up 18.4% to $175.1M.
- Total loans grew $389.5M (9.5% annualized) to $17.8B, driven by residential mortgage including HSBC branch acquisitions.
- Total deposits $18.3B, up $227M (5.0% annualized) in Q2.
- Repurchased 0.75M shares for $30.6M at avg $40.78.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000115752322000891/0001157523-22-000891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000115752322000891/a52789280.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000891

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