secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2022-10-24T23:59:59+00:00
Accession:  0001157523-22-001365
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 Q3 net income $99M, EPS $1.35 beats year ago; NIM expands to 3.83%
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- Net income $99.0M ($1.35 diluted EPS), up 36.7% YoY from $72.4M ($0.93).
- Net interest margin 3.83%, up 61 bps YoY; net interest income $197.5M (+29.5% YoY).
- Loans grew to $18.1B (+11% YTD); deposits $18.6B (+2.9% YTD).
- Repurchased 1.08M shares for $46.3M at avg $42.88.
- Capital ratios well above regulatory minimums; Tier 1 risk-based 12.06%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000115752322001365/0001157523-22-001365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000115752322001365/a52950488.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001365

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