Keep Your Eyes on This Stock: Cathay General Bancorp (NASDAQ:CATY)


Cathay General Bancorp (NASDAQ:CATY) performed 0.18% to trade value at $38.95 in recent trading session and its total traded volume was 371857 shares versus to an average volume of 398.33K. The company has market cap of $3158.07 million. The stock has monthly performance of -0.03% while its yearly performance remained at -4.23%.

Cathay General Bancorp (NASDAQ:CATY) announced that its Board of Directors declared a cash dividend of thirty-one cents per common share, payable on December 13, 2018, to stockholders of record at the close of business on December 3, 2018.

Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank.  Cathay General Bancorp’s website is found at Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 40 branches in California, 11 branches in New York State, three in the Chicago, Illinois area, four in Washington State, two in Texas, one in Maryland, one in Massachusetts, one in Nevada, one in New Jersey, one in Hong Kong, and a representative office in Taipei, Beijing, and Shanghai.

The stock demonstrated move of 0.91% in previous 5 days graph. Its quarterly performance stands with the percentage of -8.14% while its year to date performance showed change of -7.64%.

The Company has an insider ownership of 0.50% and institutional ownership remained 74.20%. Its return on investment (ROI) for the last 12 month was 17.60% and its return on equity (ROE) of 11.40% while return on assets (ROA) is at 1.50%.

Gabriel Smith joined the, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. He earned bachelor degree from Union College with a focus in Business Administration. Wayne is the Senior Editor for and market movers section. He also holds an MBA from Penn State University He has two daughter and two children.


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