secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2025-04-21T23:59:59+00:00
Accession:  0001437749-25-012553
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cathay General Bancorp Q1 net income $69.5M ($0.98 EPS); NIM widens to 3.25%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000143774925012553/0001437749-25-012553-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000143774925012553/caty20250419_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-012553

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