secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2026-07-22T20:35:13+00:00
Accession:  0001437749-26-024142
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 Q2 net income $92.2M, EPS $1.37; NIM expands to 3.48%; buyback authorization increased
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- Net income $92.2M ($1.37 diluted EPS) vs $86.9M ($1.29) in Q1 2026 and $77.5M ($1.10) in Q2 2025.
- Net interest margin improved to 3.48% from 3.43% Q1; net interest income up 3.5% to $200.9M.
- Total loans grew 2.2% to $20.62B; deposits up 1.9% to $21.06B.
- Board approved increase in share repurchase authorization from $150M to $200M (pending regulatory approval) and redemption of $54.1M trust preferred securities.
- Non-accrual loans rose to $111.7M from $89.0M Q1; allowance for loan losses at 1.06% of gross loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000143774926024142/0001437749-26-024142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000143774926024142/caty20260722_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-024142

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