secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001437749-26-013036
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000143774926013036/0001437749-26-013036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000143774926013036/caty20260422_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-013036

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