earnings
confidence high
sentiment neutral
materiality 0.60
Cathay General Bancorp Q1 net income $69.5M ($0.98 EPS); NIM widens to 3.25%
CATHAY GENERAL BANCORP
2025-Q1 EPS reported
$0.98
revenue$13,088,000
- Net income $69.5M, down 13.3% from Q4; diluted EPS $0.98 vs $1.12.
- Net interest margin increased to 3.25% from 3.07% in Q4 2024.
- Total deposits grew $131M to $19.82B; loans flat at $19.35B.
- Completed $125M share repurchase; bought 876,906 shares at avg $46.83.
- Non-accrual loans fell 8.6% to $154.6M; allowance to loans rose to 0.90%.