CATY earnings analysis
What we found in CATY's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Cathay General Bancorp reported Q2 diluted EPS of $1.37 and revenue of $222.302 million, exceeding estimates of $1.34 and $218.223 million, respectively. The supplied filing text does not provide sufficient detail to calculate gross margin, operating margin, free cash flow, segment performance, or balance-sheet trends. Interest-rate sensitivity remains a key risk, with projected net interest income volatility ranging from 7.0% under a 200-basis-point increase to negative 6.5% under a 200-basis-point decline. No quantitative forward guidance or material change to disclosed risk factors was provided.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Q2 EPS and revenue beat estimates
- Second-quarter diluted EPS was $1.37 versus the $1.34 consensus estimate, while revenue was $222.302 million versus the $218.223 million estimate.
- Rate sensitivity is quantified
- The interest-rate sensitivity table indicates projected net interest income volatility of 7.0% under a parallel 200-basis-point increase in rates and negative 6.5% under a 200-basis-point decline.
- Meaningful share repurchases continued
- The company repurchased 242,148 shares during the quarter at an average price of $58.00, leaving $135.955 million available under the repurchase program at June 30, 2026.
- No material control weakness reported
- Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no change in internal control over financial reporting that materially affected, or was reasonably likely to materially affect, controls during the second quarter.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Net interest income rate exposure
- The company’s asset-sensitive balance sheet creates material earnings exposure to rate movements: projected net interest income changes by 3.5% with a 100-basis-point increase and declines by 3.3% with a 100-basis-point decrease.
- Economic value sensitive to rates
- Economic value of equity is projected to decline 8.9% under a 200-basis-point rate increase and 4.2% under a 100-basis-point increase, indicating valuation sensitivity to rising rates.
- No new risk-factor changes
- The company reported no material change to the risk factors disclosed in its 2025 Form 10-K; therefore, the filing does not identify a new or increased risk-factor issue versus the prior annual report.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $1.37
What they said about what is next.
No quantitative revenue or EPS outlook, or change to prior outlook, was provided in the supplied 10-Q text.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 8, 2026
- Cathay General Bancorp reported solid Q1 2026 results, beating both revenue and EPS estimates with figures of $214.8 million in revenue and $1.29 in EPS, compared to estimates of $210.6 million and $1.20 respectively.…
- 10-K · March 2, 2026
- Cathay General Bancorp reports a large, well-capitalized community/regional banking franchise with $24.23 billion in total assets and a $20.89 billion deposit base as of December 31, 2025. Revenue was roughly stable…
- 10-Q · November 7, 2025
- Cathay General Bancorp reported Q3 2025 diluted EPS of $1.13 (up from $0.94 a year earlier) and net income of $77.65M (vs. $67.51M in Q3 2024). Total quarter “revenue” (interest & dividend income plus non‑interest…
- 10-Q · May 9, 2025
- Cathay General Bancorp reported Q1 2025 diluted EPS of $0.98 (unchanged YoY) on total reported revenue of $330,599,000. Net interest income before provision improved to $176,639,000 while provision for credit losses…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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