secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001157523-23-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cathay General Bancorp reports Q4 net income $97.6M ($1.33 EPS), full year record $360.6M ($4.83 EPS)
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- Net income of $97.6M for Q4 2022, up 29.6% YoY; diluted EPS $1.33 vs $0.98.
- Full year 2022 net income record $360.6M, up 20.9% YoY; diluted EPS $4.83 vs $3.80.
- Net interest margin expanded to 3.87% in Q4 2022 from 3.23% in Q4 2021.
- Gross loans grew 12.3% YoY to $18.3B, including $550.5M from HSBC branch acquisition.
- Repurchased 3.2M shares for $141.3M in 2022 at avg $43.79/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000115752323000088/0001157523-23-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000115752323000088/a53290481.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer