Cathay General Bancorp Announces Third Quarter 2026 Results
Key Highlights
- ➤Net income $95.2 million, up 3.3% sequentially; diluted EPS rose to $1.43
- ➤Net interest income reached a record $211.9 million, up 5.5% sequentially
- ➤Gross loans grew 2.79% sequentially to $21.20 billion
- ➤Deposits increased 3.67% sequentially to $21.83 billion
- ➤Nonperforming assets fell 18.0% to $119.2 million; ratio improved to 0.47%
Expert Statements
Chang M. Liu, President and Chief Executive Officer of Cathay General Bancorp
“Our third quarter results reflected strong performance across the franchise. Net interest income grew, loans and deposits increased meaningfully, and net interest margin continued to expand.”
Chang M. Liu, President and Chief Executive Officer of Cathay General Bancorp
“We remain focused on disciplined execution and prudent balance sheet management to build on this progress and continue delivering long-term value for our shareholders.”
Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended September 30, 2026. The Company reported net income of $95.2 million, or $1.43 per diluted share, for the third quarter of 2026 compared to $92.2 million, or $1.37 per diluted share for the second quarter of 2026.
“Our third quarter results reflected strong performance across the franchise. Net interest income grew, loans and deposits increased meaningfully, and net interest margin continued to expand,” said Chang M. Liu, President and Chief Executive Officer of the Company. “We remain focused on disciplined execution and prudent balance sheet management to build on this progress and continue delivering long-term value for our shareholders.”
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