Cathay General Q1 net income $86.9M ($1.29 EPS); net interest margin expands to 3.43%

CATHAY GENERAL BANCORP

2026-Q1 EPS reported $1.29 revenue$14,547,000

Net income $86.9M vs $90.5M in Q4 2025 ($1.29 vs $1.33 diluted EPS); YoY net income was $69.5M.
Net interest margin improved to 3.43% from 3.36% QoQ; net interest income before provision $194.2M.
Total loans grew 0.14% to $20.17B; deposits fell 1.0% to $20.68B.
Non-accrual loans decreased 20.8% to $89.0M; allowance for loan losses at 1.03% of gross loans.
Board approved new $150M share buyback program, pending regulatory approval; $150M prior program completed.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CATHAY GENERAL BANCORP reported the quarter ended March 31, 2026 results: net income $86.9 million, EPS $1.29 per diluted share.

Period: the quarter ended March 31, 2026
Net income: $86.9 million
EPS: $1.29 per diluted share
Result: reported results

Exact text from the filing

Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended March 31, 2026. The Company reported net income of $86.9 million, or $1.29 per diluted share, for the first quarter of 2026 compared to $90.5 million, or $1.33 per diluted share for the fourth quarter of 2025.

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Source: SEC EDGAR

accession 0001437749-26-013036

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