Cathay Genl Bncp (CATY) 30.71 $CATY
Research Reports Coverage on Banking Stocks -- Umpqua, PacWest Bancorp, SVB Financial, and Cathay General Bancorp
PR Newswire - Wed Aug 31, 7:05AM CDT
Stock-Callers.com takes a closer look at the Regional Pacific Banking industry in the financial sector. According to data from the St. Louis Fed, net interest margins for all U.S. banks in Q2 came in at 3.01%, which is their lowest rate in years. Let us now see how this morning's featured banks fared at the recent close: Umpqua Holdings Corp. (NASDAQ: UMPQ), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and Cathay General Bancorp (NASDAQ: CATY). These stocks research reports can be downloaded now by simply registering for free at:
UMPQ: 15.04 (+0.01), PACW: 42.41 (-0.20), SIVB: 107.65 (+0.81), CATY: 30.71 (+0.25)
Cathay General Bancorp Declares $0.18 Per Share Dividend
PR Newswire - Thu Aug 18, 7:30PM CDT
Cathay General Bancorp (NASDAQ: CATY), the holding company for Cathay Bank, announced today that its Board of Directors declared a cash dividend of eighteen cents per common share, payable on September 12, 2016, to stockholders of record at the close of business on September 1, 2016.
CATY: 30.71 (+0.25)
BlackRock Buys 50% Stake in Texas Wind Project from GE
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 7:17AM CDT
A unit of BlackRock, Inc. (BLK) has inked a deal to acquire 50% interest in the Grandview wind project from GE Energy Financial Services, a division of General Electric Company (GE)
GE: 29.43 (-0.25), BLK: 367.96 (+1.99), CATY: 30.71 (+0.25), FBP: 4.72 (+0.03)
Will PNC Financial Continue to Face Revenue Pressure?
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:04AM CDT
The PNC Financial Services Group, Inc. (PNC) is facing revenue pressure amid an overall challenging environment
CATY: 30.71 (+0.25), FBP: 4.72 (+0.03), PNC: 90.11 (+0.72), LPLA: 30.02 (+0.20)
Goldman Sachs (GS) Expands Consumer Banking Business
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 4:32PM CDT
The Goldman Sachs Group, Inc. (GS), widely focused on large companies and wealthy clients, is expanding its offerings to general consumers through its new retail banking service.
GS: 166.21 (+0.21), CATY: 30.71 (+0.25), FBP: 4.72 (+0.03), LPLA: 30.02 (+0.20)
Goldman's Tussle with Libyan Fund Escalates as Trial Begins
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:34AM CDT
In the trial which began on Monday , The Goldman Sachs Group, Inc. (GS) was accused by Libyan Investment Authority of exploiting its relationship with the fund to make risky and worthless derivative trades.
GS: 166.21 (+0.21), CATY: 30.71 (+0.25), FBP: 4.72 (+0.03), LPLA: 30.02 (+0.20)
New Strong Buy Stocks for May 17th
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:18AM CDT
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Tuesday
STCK: 19.26 (-0.39), AGR: 41.83 (+0.63), CATY: 30.71 (+0.25), CP: 146.72 (-0.23), Y: 522.88 (+7.86)
Cathay posts 1Q profit
Automated Insights - Wed Apr 20, 4:03PM CDT
LOS ANGELES (AP) _ Cathay General Bancorp (CATY) on Wednesday reported first-quarter net income of $46.2 million.
CATY: 30.71 (+0.25)
Cathay General Bancorp Announces First Quarter 2016 Results
PR Newswire - Wed Apr 20, 3:30PM CDT
Cathay General Bancorp (the "Company", NASDAQ: CATY), the holding company for Cathay Bank, today announced net income of $46.2 million, or $0.57 per share, for the first quarter of 2016.
CATY: 30.71 (+0.25)
Cathay Bank Announces the Appointment of Mr. Kelly Wu as Executive Vice President, Corporate Banking Division
PR Newswire - Tue Apr 12, 4:55PM CDT
Cathay Bank announces the appointment of Mr. Kelly Wu as Executive Vice President, Corporate Banking Division.
CATY: 30.71 (+0.25)
Cathay General Bancorp adopts new share repurchase program
M2 - Tue Feb 09, 10:50AM CST
Board of directors of Cathay General Bancorp (NASDAQ: CATY) has adopted a new stock repurchase program authorizing the company to repurchase up to USD45,000,000 of the company's common stock, the company said. On August 31, 2015, the company adopted a stock repurchase program under which it was authorized to repurchase up to two million shares of its common stock, all of which have since been repurchased. Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank. Founded in 1962, Cathay Bank offers a wide range of financial services, and currently operates in California, New York State, Chicago, Washington State, Texas, Maryland, Massachusetts, n Nevada, New Jersey, Hong Kong, Taipei and in Shanghai.
CATY: 30.71 (+0.25)
Cathay General Bancorp Has Returned 15.1% Since SmarTrend Recommendation (CATY)
Comtex SmarTrend(R) - Tue Feb 02, 3:48PM CST
SmarTrend identified a Downtrend for Cathay General Bancorp (NASDAQ:CATY) on December 9th, 2015 at $32.06. In approximately 2 months, Cathay General Bancorp has returned 15.13% as of today's recent price of $27.21.
CATY: 30.71 (+0.25)
Cathay General Bancorp Adopts New Share Repurchase Program
PR Newswire - Mon Feb 01, 5:07PM CST
Cathay General Bancorp (the "Company"
, (NASDAQ: CATY), the holding company for Cathay Bank, announced today that its Board of Directors has adopted a new stock repurchase program authorizing the Company to repurchase up to $45,000,000 of the Company's common stock. Any purchases under the new program will be made from time to time in the open market. The timing and amount of any stock repurchases will be determined by the Company's management based on its evaluation of market conditions, regulatory requirements and other factors.
CATY: 30.71 (+0.25)
Fitch Affirms Synovus at 'BBB-' Following Midtier Regional Bank Review; Outlook Stable
BusinessWire - Thu Jan 28, 2:05PM CST
Fitch Ratings has affirmed Synovus Financial Corp. (SNV) ratings at 'BBB-/F3'. The Rating Outlook remains Stable.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms Fulton Financial's Ratings at 'BBB+/F2'; Outlook Stable
BusinessWire - Thu Jan 28, 2:01PM CST
Fitch Ratings has affirmed Fulton Financial Corp. (FULT) ratings at 'BBB+/F2'. The Rating Outlook remains Stable. The affirmation reflects FULT's strong asset quality, solid capital and an established franchise.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms BankUnited, Inc.'s 'BBB/F2' IDRs; Outlook Stable
BusinessWire - Thu Jan 28, 2:00PM CST
Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDRs) at 'BBB' and Short-term IDRs at 'F2' for BankUnited, Inc. (BankUnited) and BankUnited, N.A. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms TCF Financial at 'BBB-' Following Midtier Regional Bank Review; Outlook Stable
BusinessWire - Thu Jan 28, 1:58PM CST
Fitch Ratings has affirmed TCF Financial Corp.'s (TCB) ratings at 'BBB-/F3'. The Rating Outlook remains Stable.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms Cathay at 'BB+'; Outlook Revised to Positive
BusinessWire - Thu Jan 28, 1:53PM CST
Fitch Ratings has affirmed Cathay General Bancorp's (CATY) and its principal subsidiary Cathay Bank's long-term Issuer Default Ratings (IDRs) at 'BB+' and Viability Ratings (VRs) at 'bb+'. The Rating Outlook has been revised to Positive from Stable. A full list of rating actions is at the end of this press release.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affs Wintrust Fin'l Corp. at 'BBB/F2' Following Midtier Regional Bank Review; Outlook Stable
BusinessWire - Thu Jan 28, 1:53PM CST
Fitch Ratings has affirmed Wintrust Financial Corp.'s (WTFC) ratings at 'BBB/F2'. The Rating Outlook remains Stable.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), WTFC: 54.63 (-0.20), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Research Reports Coverage on Banking Stocks -- Umpqua, PacWest Bancorp, SVB Financial, and Cathay General Bancorp
PR Newswire - Wed Aug 31, 7:05AM CDT
Stock-Callers.com takes a closer look at the Regional Pacific Banking industry in the financial sector. According to data from the St. Louis Fed, net interest margins for all U.S. banks in Q2 came in at 3.01%, which is their lowest rate in years. Let us now see how this morning's featured banks fared at the recent close: Umpqua Holdings Corp. (NASDAQ: UMPQ), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and Cathay General Bancorp (NASDAQ: CATY). These stocks research reports can be downloaded now by simply registering for free at:
UMPQ: 15.04 (+0.01), PACW: 42.41 (-0.20), SIVB: 107.65 (+0.81), CATY: 30.71 (+0.25)
Cathay General Bancorp Declares $0.18 Per Share Dividend
PR Newswire - Thu Aug 18, 7:30PM CDT
Cathay General Bancorp (NASDAQ: CATY), the holding company for Cathay Bank, announced today that its Board of Directors declared a cash dividend of eighteen cents per common share, payable on September 12, 2016, to stockholders of record at the close of business on September 1, 2016.
CATY: 30.71 (+0.25)
BlackRock Buys 50% Stake in Texas Wind Project from GE
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 7:17AM CDT
A unit of BlackRock, Inc. (BLK) has inked a deal to acquire 50% interest in the Grandview wind project from GE Energy Financial Services, a division of General Electric Company (GE)
GE: 29.43 (-0.25), BLK: 367.96 (+1.99), CATY: 30.71 (+0.25), FBP: 4.72 (+0.03)
Will PNC Financial Continue to Face Revenue Pressure?
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:04AM CDT
The PNC Financial Services Group, Inc. (PNC) is facing revenue pressure amid an overall challenging environment
CATY: 30.71 (+0.25), FBP: 4.72 (+0.03), PNC: 90.11 (+0.72), LPLA: 30.02 (+0.20)
Goldman Sachs (GS) Expands Consumer Banking Business
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 4:32PM CDT
The Goldman Sachs Group, Inc. (GS), widely focused on large companies and wealthy clients, is expanding its offerings to general consumers through its new retail banking service.
GS: 166.21 (+0.21), CATY: 30.71 (+0.25), FBP: 4.72 (+0.03), LPLA: 30.02 (+0.20)
Goldman's Tussle with Libyan Fund Escalates as Trial Begins
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:34AM CDT
In the trial which began on Monday , The Goldman Sachs Group, Inc. (GS) was accused by Libyan Investment Authority of exploiting its relationship with the fund to make risky and worthless derivative trades.
GS: 166.21 (+0.21), CATY: 30.71 (+0.25), FBP: 4.72 (+0.03), LPLA: 30.02 (+0.20)
New Strong Buy Stocks for May 17th
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:18AM CDT
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Tuesday
STCK: 19.26 (-0.39), AGR: 41.83 (+0.63), CATY: 30.71 (+0.25), CP: 146.72 (-0.23), Y: 522.88 (+7.86)
Cathay posts 1Q profit
Automated Insights - Wed Apr 20, 4:03PM CDT
LOS ANGELES (AP) _ Cathay General Bancorp (CATY) on Wednesday reported first-quarter net income of $46.2 million.
CATY: 30.71 (+0.25)
Cathay General Bancorp Announces First Quarter 2016 Results
PR Newswire - Wed Apr 20, 3:30PM CDT
Cathay General Bancorp (the "Company", NASDAQ: CATY), the holding company for Cathay Bank, today announced net income of $46.2 million, or $0.57 per share, for the first quarter of 2016.
CATY: 30.71 (+0.25)
Cathay Bank Announces the Appointment of Mr. Kelly Wu as Executive Vice President, Corporate Banking Division
PR Newswire - Tue Apr 12, 4:55PM CDT
Cathay Bank announces the appointment of Mr. Kelly Wu as Executive Vice President, Corporate Banking Division.
CATY: 30.71 (+0.25)
Cathay General Bancorp adopts new share repurchase program
M2 - Tue Feb 09, 10:50AM CST
Board of directors of Cathay General Bancorp (NASDAQ: CATY) has adopted a new stock repurchase program authorizing the company to repurchase up to USD45,000,000 of the company's common stock, the company said. On August 31, 2015, the company adopted a stock repurchase program under which it was authorized to repurchase up to two million shares of its common stock, all of which have since been repurchased. Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank. Founded in 1962, Cathay Bank offers a wide range of financial services, and currently operates in California, New York State, Chicago, Washington State, Texas, Maryland, Massachusetts, n Nevada, New Jersey, Hong Kong, Taipei and in Shanghai.
CATY: 30.71 (+0.25)
Cathay General Bancorp Has Returned 15.1% Since SmarTrend Recommendation (CATY)
Comtex SmarTrend(R) - Tue Feb 02, 3:48PM CST
SmarTrend identified a Downtrend for Cathay General Bancorp (NASDAQ:CATY) on December 9th, 2015 at $32.06. In approximately 2 months, Cathay General Bancorp has returned 15.13% as of today's recent price of $27.21.
CATY: 30.71 (+0.25)
Cathay General Bancorp Adopts New Share Repurchase Program
PR Newswire - Mon Feb 01, 5:07PM CST
Cathay General Bancorp (the "Company"
, (NASDAQ: CATY), the holding company for Cathay Bank, announced today that its Board of Directors has adopted a new stock repurchase program authorizing the Company to repurchase up to $45,000,000 of the Company's common stock. Any purchases under the new program will be made from time to time in the open market. The timing and amount of any stock repurchases will be determined by the Company's management based on its evaluation of market conditions, regulatory requirements and other factors. CATY: 30.71 (+0.25)
Fitch Affirms Synovus at 'BBB-' Following Midtier Regional Bank Review; Outlook Stable
BusinessWire - Thu Jan 28, 2:05PM CST
Fitch Ratings has affirmed Synovus Financial Corp. (SNV) ratings at 'BBB-/F3'. The Rating Outlook remains Stable.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms Fulton Financial's Ratings at 'BBB+/F2'; Outlook Stable
BusinessWire - Thu Jan 28, 2:01PM CST
Fitch Ratings has affirmed Fulton Financial Corp. (FULT) ratings at 'BBB+/F2'. The Rating Outlook remains Stable. The affirmation reflects FULT's strong asset quality, solid capital and an established franchise.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms BankUnited, Inc.'s 'BBB/F2' IDRs; Outlook Stable
BusinessWire - Thu Jan 28, 2:00PM CST
Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDRs) at 'BBB' and Short-term IDRs at 'F2' for BankUnited, Inc. (BankUnited) and BankUnited, N.A. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms TCF Financial at 'BBB-' Following Midtier Regional Bank Review; Outlook Stable
BusinessWire - Thu Jan 28, 1:58PM CST
Fitch Ratings has affirmed TCF Financial Corp.'s (TCB) ratings at 'BBB-/F3'. The Rating Outlook remains Stable.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affirms Cathay at 'BB+'; Outlook Revised to Positive
BusinessWire - Thu Jan 28, 1:53PM CST
Fitch Ratings has affirmed Cathay General Bancorp's (CATY) and its principal subsidiary Cathay Bank's long-term Issuer Default Ratings (IDRs) at 'BB+' and Viability Ratings (VRs) at 'bb+'. The Rating Outlook has been revised to Positive from Stable. A full list of rating actions is at the end of this press release.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
Fitch Affs Wintrust Fin'l Corp. at 'BBB/F2' Following Midtier Regional Bank Review; Outlook Stable
BusinessWire - Thu Jan 28, 1:53PM CST
Fitch Ratings has affirmed Wintrust Financial Corp.'s (WTFC) ratings at 'BBB/F2'. The Rating Outlook remains Stable.
EWBC: 36.02 (+0.26), BOKF: 66.95 (+0.36), UMBF: 57.73 (+0.19), SNV: 32.52 (+0.10), CATY: 30.71 (+0.25), TCB: 14.49 (+0.04), TRMK: 27.48 (+0.16), WTFC: 54.63 (-0.20), FULT: 14.41 (+0.09), BKU: 30.63 (-0.56), FHN: 15.11 (+0.05)
