BNET Industries

Cathay General Bancorp

(CATY) is in the Financial Services Industry

Market Cap:$492.1M
Last Fiscal Year Sales:$614.8M
  • Public
  • US
Dow Jones Description

Cathay General Bancorp is a corporation that was organized in 1990 under the laws of the State of Delaware. We are the holding company of Cathay Bank, a California state-chartered commercial bank. Our principal current business activity is to hold all of the outstanding stock of Cathay Bank. In the future, we may become an operating company or acquire savings institutions, other banks, or companies engaged in bank-related activities and may engage in or acquire such other businesses, or activities as may be permitted by applicable law. Our principal place of business is currently located at 777 North Broadway, Los Angeles, California 90012, and our telephone number at that location is (213) 625-4700. In addition, certain of our administrative offices are located in El Monte, California and our address there is 9650 Flair Drive, El Monte, California 91731. Our common stock is traded on the NASDAQ Global Select Market and our trading symbol is CATY.

Chairman, President, and Chief Executive Officer
Dunson K. Cheng
Number of Employees 1,156
Contact Information

777 N Broadway

Los Angeles, California 90012

cathaybank.com

(213) 625-4700

NAICS Code Commercial Banking: 522110

Recent Events

  • Cathay General CATY Declares $0.01 Quarterly Dividend; 0.4% Yield

    11/17/09 - Stock Split / Dividend - View Story

  • FBR Capital Markets and Co. raises Cathay General Bancorp to 'market perform'

    11/11/09 - Bond / Stock Rating - View Story

  • FBR Research Upgrades Cathay General Bancorp CATY to Market Perform; Valuation Call

    11/11/09 - Bond / Stock Rating - View Story

  • RBC Capital Markets Corp maintains Cathay General Bancorp at 'sector perform'

    10/15/09 - Bond / Stock Rating - View Story

  • Cathay General terminates distribution agreements with sales agents

    10/13/09 - Joint Venture / Alliance - View Story

  • Sandler O Neill Upgrades Cathay General CATY to Buy

    10/13/09 - Bond / Stock Rating - View Story

  • B. Riley & Co. LLC raises Cathay General Bancorp to 'buy'

    10/09/09 - Bond / Stock Rating - View Story

  • Cathay General Bancorp Reports Third Quarter Results; Nonaccrual Loans Down 6%, Accruing Delinquent Loans Down...

    10/09/09 - Financial Announcement - View Story

  • B. Riley & Co. LLC cuts Cathay General Bancorp to 'neutral'

    7/31/09 - Bond / Stock Rating - View Story

  • Cathay General Bancorp Reports Second Quarter 2009 Results

    7/29/09 - Financial Announcement - View Story

  • B. Riley & Co. LLC upgrades Cathay General Bancorp to 'buy'

    7/06/09 - Bond / Stock Rating - View Story

News & Analysis

cathay general bancorp - All News and Analysis

Decision Makers

Name (plus bio) Position
Joseph C.H. Poon President of Edward Properties, Inc.
Nelson Chung President of Pacific Communities Builder, Inc.
Anthony M. Tang Chief Lending Officer & Senior Executive Vice President
Heng W. Chen Executive Vice President and Chief Financial Officer
Kim R. Bingham Executive Vice President Chief Credit Officer of the Bank
Irwin Wong Executive Vice President
Perry P. Oei Senior Vice President of Bancorp
Kelly L. Chan CPA & Vice President of Phoenix Bakery
Michael M.Y. Chang Director of Bancorp
Angela Chuang Manager
Joyce Yang Manager
Thomas G. Tartaglia Professional Services Provided by Independent Auditors
Ting Liu Director

Board of Directors

Name (plus bio) Position
Dunson K. Cheng Chairman, President, and Chief Executive Officer
Peter Wu Executive Vice Chairman of the Board, Chief Operating Officer, Cathay General Bancorp
Patrick D. Lee Board of Directors
Patrick S D Lee Board of Directors
Patrick S.D. Lee Board of Directors
Thomas C.T. Chiu Board of Directors

Organization Position Status
Cathay General Bank Inc. Chairman, President & CEO Current
Dicon Fiberoptics, Inc. Chairman of the Board, Director, President and Chief Executive Officer Current
Cathay General Bancorp, Inc. Chairman, President, and Chief Executive Officer Current
California Bankers Association Current
Tsinghua University Director Current
Dicon Fiberoptics, Inc. Director Former
The State University of New York Ph.D. In Physics Former
The State University of New York bachelor's degree in applied math and physics, Mr Former

Joseph C.H. Poon, Director of Bancorp since 1990. Director of Cathay Bank since 1981. Director of Cathay Investment Company from 1984 to 2007. President of Edward Properties (real estate development) since 1981.

Organization Position Status
Cathay General Bancorp, Inc. President of Edward Properties, Inc. Current
Cathay General Bancorp, Inc. Board of Directors Current
Cathay General Bancorp, Inc. Director of Bancorp Former

Nelson Chung, Director of Bancorp and Cathay Bank since 2005. President of Pacific Communities Builder, Inc. (real estate development) since 1991.

Organization Position Status
Cathay General Bancorp, Inc. President of Pacific Communities Builder, Inc. Current
Cathay General Bancorp, Inc. Board of Directors Current
Cathay General Bancorp, Inc. Director of Bancorp and Cathay Bank Former

Organization Position Status
Cathay General Bank Inc. Senior Executive Vice President & Chief Lending Officer Current
Cathay General Bancorp, Inc. Chief Lending Officer & Senior Executive Vice President Current
Cathay General Bancorp, Inc. Director of Bancorp Current
Cathay General Bancorp, Inc. Board of Directors Current
Cathay General Bank Inc. Board of Directors Former

Heng W. Chen, Executive Vice President of Bancorp and Cathay Bank since June 2003. Chief Financial Officer and Treasurer of Bancorp since June 2003. Vice President and Chief Financial Officer of Cathay Real Estate Investment Trust since December 2003. Chief Financial Officer of Cathay Bank since January 2004. Director, Vice President, and Chief Financial Officer of GBC Venture Capital, Inc. since October 2003.

Organization Position Status
Cathay General Bancorp, Inc. Executive Vice President and Chief Financial Officer Current
Cathay General Bank Inc. CFO, Treasurer & Executive Vice President Former

Organization Position Status
Cathay General Bancorp, Inc. Executive Vice President Chief Credit Officer of the Bank Current

Organization Position Status
Cathay General Bank Inc. Executive Vice Chairman & COO Current
Cathay General Bancorp, Inc. Executive Vice Chairman of the Board, Chief Operating Officer, Cathay General Bancorp Current
Cathay General Bancorp, Inc. Board of Directors Former

Irwin Wong, Executive Vice President of Branch Administration for Cathay Bank since 1999. Director and Vice President of Cathay Bank Foundation since 2002. Chief Financial Officer/Treasurer of Cathay Bank Foundation since May 2004.

Organization Position Status
Cathay General Bancorp, Inc. Executive Vice President Current
Cathay General Bank Inc. Executive Vice President, Branch Admin Former

Organization Position Status
Cathay General Bancorp, Inc. Senior Vice President of Bancorp Current
Cathay General Bank Inc. General Counsel Former
Cathay General Bancorp, Inc. General Counsel Former

Kelly L. Chan, Director of Bancorp since 1990. Director of Cathay Bank since 1981. Owner of an interest in and Vice President of Phoenix Bakery, Inc. (a retail bakery in Los Angeles, California) since 1984. Certified Public Accountant.

Organization Position Status
Cathay General Bancorp, Inc. CPA & Vice President of Phoenix Bakery Current
Cathay General Bancorp, Inc. Chairman Current
Cathay General Bancorp, Inc. Board of Directors Former

Organization Position Status
Cathay General Bancorp, Inc. Director of Bancorp Current
Cathay General Bancorp, Inc. Secretary Current

Organization Position Status
Cathay General Bancorp, Inc. Manager Current

Organization Position Status
Cathay General Bancorp, Inc. Manager Current

Organization Position Status
Cathay General Bancorp, Inc. Professional Services Provided by Independent Auditors Current
Cathay General Bancorp, Inc. Board of Directors Current

Organization Position Status
Cathay General Bancorp, Inc. Board of Directors Current

Patrick S.D. Lee, Director of Bancorp since 1990. Director of Cathay Bank since 1983. Director of Cathay Investment Company from 1984 to 2007. Trustee of Cathay Real Estate Investment Trust since February 2003. Director of Cathay Bank Foundation since May 2004. Retired real estate developer and property manager.

Organization Position Status
Cathay General Bancorp, Inc. Board of Directors Current

Organization Position Status
Cathay General Bancorp, Inc. Board of Directors Current

Thomas C.T. Chiu, Director of Bancorp and Cathay Bank since October 2003. Director of GBC Bancorp and General Bank from 1983 to October 2003. Medical Doctor.

Organization Position Status
Cathay General Bancorp, Inc. Board of Directors Current

Ting Y. Liu, Director of Bancorp and Cathay Bank since October 2003. Chairman of HITO Corporation from 1987 to January 2005. Director of GBC Bancorp and General Bank from 1981 to 2003. Retired investor.

Organization Position Status
Cathay General Bancorp, Inc. Director Current
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     CATY $7.96 -0.07 (-0.87% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 1,192,620
Shares Outstanding 61.83M
Market Cap 492.2M
Year High 24
Year Low 7.21
Earnings Per Share -0.97
P/E Ratio -8.21
Dividend 0.04
Yield 0.50
IndustryTop Rated

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