secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2021-07-26T23:59:59+00:00
Accession:  0001564590-21-037989
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 Bancorp Q2 2021 net income $77.2M, EPS $0.97, up 42% YoY
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- Net income $77.2M ($0.97 diluted EPS) vs $54.3M ($0.68) in Q2 2020; ROAA 1.60%.
- Net interest margin improved to 3.24% from 3.02% YoY; reversal of credit losses $9.0M.
- Total loans ex-PPP grew 3.4% annualized; non-time deposits up $462M (18.3% annualized).
- Repurchased 1.5M shares for $63.5M under April 2021 repurchase program.
- Tier 1 risk-based capital ratio 13.77%; all regulatory ratios remain well capitalized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000156459021037989/0001564590-21-037989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000156459021037989/caty-8k_20210726.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-037989

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