Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cathay (CATY) have what it takes?
Does Cathay General (CATY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Cathay (CATY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
| Banks Industry | Financials Sector | Chang Ming Liu CEO | XFRA Exchange | 149150104 CUSIP |
| US Country | 1,268 Employees | 28 May 2026 Last Dividend | 29 Sep 2004 Last Split | 17 Dec 1990 IPO Date |
Cathay General Bancorp serves as the parent company for Cathay Bank, offering a wide array of commercial banking solutions to individual customers, professionals, and small to medium-sized businesses primarily within the United States. Established in 1962, and with its headquarters positioned in Los Angeles, California, the institution prides itself on delivering high-quality banking services tailored to meet the diverse needs of its clientele. Through its extensive portfolio of financial products and personalized services, Cathay General Bancorp aims to support the financial growth and stability of its customers.
Passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. Each of these products is designed to offer secure and convenient options for saving and managing money.
Commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, alongside installment loans intended for household and other personal expenditures. These loan options are tailored to accommodate the varying credit needs of its customers.
This includes trade financing options and the issuance of letters of credit, which help businesses manage the risks associated with global trade operations.
These services encompass wire transfers, forward currency spot and forward contracts, safe deposit facilities, collection services, automatic teller machine (ATM) access, as well as robust Internet banking capabilities. Through these electronic banking options, clients can manage their finances efficiently and securely.
The bank presents a range of securities and insurance products designed to meet the investment needs and risk management concerns of its clientele.