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Earnings
Cathay General reports Q3 EPS 71c, consensus 61c » 16:40
10/26/20
10/26
16:40
10/26/20
16:40
CATY

Cathay General

$24.11 /

-0.1 (-0.41%)

The net interest margin…

The net interest margin of 3.02% during the third quarter is unchanged from the second quarter.

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CATY Cathay General
$24.11 /

-0.1 (-0.41%)

CATY Cathay General
$24.11 /

-0.1 (-0.41%)

Over a quarter ago
Earnings
Cathay General reports Q2 EPS 68c, consensus 57c » 16:33
07/27/20
07/27
16:33
07/27/20
16:33
CATY

Cathay General

$24.88 /

-0.54 (-2.12%)

Reports Q2 revenue…

Reports Q2 revenue $150.1M, consensus $145.43M. Q2 net interest margin was 3.02% compared to 3.58% for Q2 of 2019 and 3.34% for Q1 of 2020. The company states: "Based on a review of the appropriateness of the allowance for loan losses at June 30, 2020, the company recorded a provision for credit losses of $25.0 million in second quarter of 2020 compared to no provision for credit losses in the second quarter of 2019. The provision for credit losses is primarily a result of the economic deterioration of the global economy resulting from the COVID-19 pandemic. The company will continue to monitor the continuing impact of the pandemic on credit risks and losses, as well as on customer demand deposits and other liabilities and assets."

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CATY Cathay General
$24.88 /

-0.54 (-2.12%)

CATY Cathay General
$24.88 /

-0.54 (-2.12%)

Hot Stocks
Cathay General CEO Pin Tai to retire, COO Chang Liu to succeed » 05:14
07/17/20
07/17
05:14
07/17/20
05:14
CATY

Cathay General

$25.39 /

+0.02 (+0.08%)

Cathay General Bancorp,…

Cathay General Bancorp, the holding company for Cathay Bank, announced that Pin Tai, in accordance with his previously disclosed employment agreement, will retire from his position as CEO of the Company and Cathay Bank and resign as a member of the board of the Company and Cathay Bank, effective September 30. Cathay General said in a release, "Mr. Tai will remain with Cathay Bank as an executive advisor through September 30, 2021, supporting the transition, in accordance with his previously disclosed consulting agreement. In accordance with the Company's succession plan, the Boards of Directors of the Company and of Cathay Bank appointed Chang M. Liu as CEO and President of the Company and as CEO of Cathay Bank, effective October 1. Mr. Liu is currently the President and COO of Cathay Bank and is a member of the board of Cathay Bank. Mr. Liu also will continue serving as President and a director of Cathay Bank, and will be appointed a member of the board of the Company, effective October 1."

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CATY Cathay General
$25.39 /

+0.02 (+0.08%)

Earnings
Cathay General reports Q1 EPS 59c, consensus 67c » 16:36
04/27/20
04/27
16:36
04/27/20
16:36
CATY

Cathay General

$25.39 /

+1.48 (+6.19%)

"For the first…

"For the first quarter of 2020, our total loans increased $458.7 million, or 12.2% annualized, to $15.5 billion due in part to higher drawdowns by our commercial loan borrowers. We repurchased 400,000 shares of our common stock at an average cost of $32.20 and do not plan to buy back additional stock until further notice. We are prepared to operate during these challenging times to serve the financial needs of our customers," commented Pin Tai, Chief Executive Officer of the company.

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Conference/Events
Wedbush to hold a forum » 04:55
02/26/20
02/26
04:55
02/26/20
04:55
AX

Axos Financial

$25.99 /

-0.97 (-3.60%)

, CATY

Cathay General

$33.81 /

-1.32 (-3.76%)

, EWBC

East West Bancorp

$40.82 /

-2.61 (-6.01%)

, FFWM

First Foundation

$15.19 /

-0.85 (-5.30%)

, HAFC

Hanmi Financial

$16.83 /

-0.45 (-2.60%)

, HMST

HomeStreet

$29.66 /

-0.98 (-3.20%)

, HOPE

Hope Bancorp

$13.08 /

-0.755 (-5.46%)

, PACW

PacWest Bancorp

$34.17 /

-1.4 (-3.94%)

, PFSI

PennyMac Financial

$35.50 /

-0.24 (-0.67%)

, PMT

PennyMac Mortgage

$22.42 /

-0.54 (-2.35%)

, TSC

TriState Capital

$21.09 /

-0.96 (-4.35%)

, UMPQ

Umpqua Holdings

$16.68 /

-0.61 (-3.53%)

, WAL

Western Alliance

$50.99 /

-2.355 (-4.41%)

2020 West Coast Bank…

2020 West Coast Bank Forum will be held in Los Angeles on February 25-26.

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AX Axos Financial
$25.99 /

-0.97 (-3.60%)

01/09/20 B. Riley Securities
Axos, Meta Financial among FBR's top Banks & Thrifts picks for 2020
12/18/19
Fly Intel: Top five analyst initiations
12/17/19 Wedbush
Axos Financial initiated with an Outperform at Wedbush
11/04/19 B. Riley Securities
Axos Financial price target raised to $39 from $33 at B. Riley FBR
CATY Cathay General
$33.81 /

-1.32 (-3.76%)

03/25/19 Wedbush
Cathay General removed from Best Ideas List at Wedbush
03/18/19 Piper Sandler
Cathay General shares more attractive in Q1 after lagging, says Piper Jaffray
EWBC East West Bancorp
$40.82 /

-2.61 (-6.01%)

02/19/20 DA Davidson
East West Bancorp downgraded to Neutral from Buy at DA Davidson
02/18/20 DA Davidson
East West Bancorp downgraded to Neutral from Buy at DA Davidson
01/24/20 Wells Fargo
'A lot to like' in East West Bancorp's Q4 report, says Wells Fargo
01/06/20 UBS
East West Bancorp outperformance unlikely with trade tension, says UBS
FFWM First Foundation
$15.19 /

-0.85 (-5.30%)

11/19/19 Janney Montgomery Scott
Janney notes bank exposure to commercial real estate at record high
HAFC Hanmi Financial
$16.83 /

-0.45 (-2.60%)

08/12/19 DA Davidson
Hanmi Financial downgraded to Neutral from Buy at DA Davidson
HMST HomeStreet
$29.66 /

-0.98 (-3.20%)

08/16/19 DA Davidson
HomeStreet upgraded to Neutral from Underperform at DA Davidson
07/10/19
HomeStreet downgraded to Underperform from Neutral at DA Davidson
07/10/19 DA Davidson
HomeStreet downgraded to Underperform from Neutral at DA Davidson
HOPE Hope Bancorp
$13.08 /

-0.755 (-5.46%)

PACW PacWest Bancorp
$34.17 /

-1.4 (-3.94%)

08/23/19
Fly Intel: Top five analyst initiations
08/23/19 RBC Capital
PacWest Bancorp initiated with an Outperform at RBC Capital
07/08/19 Raymond James
PacWest Bancorp downgraded to Market Perform at Raymond James
07/08/19 Raymond James
PacWest Bancorp downgraded to Market Perform from Strong Buy at Raymond James
PFSI PennyMac Financial
$35.50 /

-0.24 (-0.67%)

02/13/20 Wells Fargo
PennyMac selloff on BlackRock sale a buying opportunity, says Wells Fargo
02/10/20 Wedbush
PennyMac Financial price target raised to $40 from $34 at Wedbush
12/08/19 Keefe Bruyette
PennyMac downgraded to Market Perform from Outperform at Keefe Bruyette
11/19/19 Piper Sandler
PennyMac Financial price target raised to $44 from $42 at Piper Jaffray
PMT PennyMac Mortgage
$22.42 /

-0.54 (-2.35%)

12/02/19 Compass Point
PennyMac Mortgage initiated with a Neutral at Compass Point
10/11/19 Deutsche Bank
PennyMac Mortgage initiated with a Buy rating at Deutsche Bank
09/23/19 BofA
PennyMac Mortgage initiated with a Buy at BofA/Merrill
09/23/19 BofA
PennyMac Mortgage initiated with a Buy at BofA/Merrill
TSC TriState Capital
$21.09 /

-0.96 (-4.35%)

01/30/20 Keefe Bruyette
TriState Capital downgraded to Market Perform from Outperform at Keefe Bruyette
09/25/19 B. Riley Securities
B. Riley FBR starts TriState Capital with Buy on earnings growth potential
09/24/19 B. Riley Securities
TriState Capital initiated with a Buy at B. Riley FBR
UMPQ Umpqua Holdings
$16.68 /

-0.61 (-3.53%)

01/02/20 Stephens
Stephens releases Best Ideas list for 2020
01/02/20 Stephens
Stephens upgrades Umpqua Holdings to Overweight on better expected profitability
01/02/20 Stephens
Umpqua Holdings upgraded to Overweight from Equal Weight at Stephens
07/19/19 Raymond James
Raymond James reiterates Outperform, but lowers target on Umpqua
WAL Western Alliance
$50.99 /

-2.355 (-4.41%)

08/23/19 Wedbush
Western Alliance added to Best Ideas List at Wedbush
04/24/19 Wells Fargo
Western Alliance price target raised to $58 from $53 at Wells Fargo
Conference/Events
Wedbush to hold a forum » 07:53
02/25/20
02/25
07:53
02/25/20
07:53
AX

Axos Financial

$26.96 /

-1.12 (-3.99%)

, CATY

Cathay General

$35.13 /

-1.12 (-3.09%)

, EWBC

East West Bancorp

$43.43 /

-2.64 (-5.73%)

, FFWM

First Foundation

$16.04 /

-0.55 (-3.32%)

, HAFC

Hanmi Financial

$17.28 /

-0.35 (-1.99%)

, HMST

HomeStreet

$30.64 /

-0.56 (-1.79%)

, HOPE

Hope Bancorp

$13.84 /

-0.305 (-2.16%)

, PACW

PacWest Bancorp

$35.57 /

-0.84 (-2.31%)

, PFSI

PennyMac Financial

$35.74 /

+0.27 (+0.76%)

, PMT

PennyMac Mortgage

$22.96 /

-0.38 (-1.63%)

, TSC

TriState Capital

$22.05 /

-0.53 (-2.35%)

, UMPQ

Umpqua Holdings

$17.29 /

-0.47 (-2.65%)

, WAL

Western Alliance

$53.35 /

-2.565 (-4.59%)

2020 West Coast Bank…

2020 West Coast Bank Forum will be held in Los Angeles on February 25-26.

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AX Axos Financial
$26.96 /

-1.12 (-3.99%)

01/09/20 B. Riley Securities
Axos, Meta Financial among FBR's top Banks & Thrifts picks for 2020
12/18/19
Fly Intel: Top five analyst initiations
12/17/19 Wedbush
Axos Financial initiated with an Outperform at Wedbush
11/04/19 B. Riley Securities
Axos Financial price target raised to $39 from $33 at B. Riley FBR
CATY Cathay General
$35.13 /

-1.12 (-3.09%)

03/25/19 Wedbush
Cathay General removed from Best Ideas List at Wedbush
03/18/19 Piper Sandler
Cathay General shares more attractive in Q1 after lagging, says Piper Jaffray
EWBC East West Bancorp
$43.43 /

-2.64 (-5.73%)

02/19/20 DA Davidson
East West Bancorp downgraded to Neutral from Buy at DA Davidson
02/18/20 DA Davidson
East West Bancorp downgraded to Neutral from Buy at DA Davidson
01/24/20 Wells Fargo
'A lot to like' in East West Bancorp's Q4 report, says Wells Fargo
01/06/20 UBS
East West Bancorp outperformance unlikely with trade tension, says UBS
FFWM First Foundation
$16.04 /

-0.55 (-3.32%)

11/19/19 Janney Montgomery Scott
Janney notes bank exposure to commercial real estate at record high
HAFC Hanmi Financial
$17.28 /

-0.35 (-1.99%)

08/12/19 DA Davidson
Hanmi Financial downgraded to Neutral from Buy at DA Davidson
HMST HomeStreet
$30.64 /

-0.56 (-1.79%)

08/16/19 DA Davidson
HomeStreet upgraded to Neutral from Underperform at DA Davidson
07/10/19
HomeStreet downgraded to Underperform from Neutral at DA Davidson
07/10/19 DA Davidson
HomeStreet downgraded to Underperform from Neutral at DA Davidson
HOPE Hope Bancorp
$13.84 /

-0.305 (-2.16%)

PACW PacWest Bancorp
$35.57 /

-0.84 (-2.31%)

08/23/19
Fly Intel: Top five analyst initiations
08/23/19 RBC Capital
PacWest Bancorp initiated with an Outperform at RBC Capital
07/08/19 Raymond James
PacWest Bancorp downgraded to Market Perform at Raymond James
07/08/19 Raymond James
PacWest Bancorp downgraded to Market Perform from Strong Buy at Raymond James
PFSI PennyMac Financial
$35.74 /

+0.27 (+0.76%)

02/13/20 Wells Fargo
PennyMac selloff on BlackRock sale a buying opportunity, says Wells Fargo
02/10/20 Wedbush
PennyMac Financial price target raised to $40 from $34 at Wedbush
12/08/19 Keefe Bruyette
PennyMac downgraded to Market Perform from Outperform at Keefe Bruyette
11/19/19 Piper Sandler
PennyMac Financial price target raised to $44 from $42 at Piper Jaffray
PMT PennyMac Mortgage
$22.96 /

-0.38 (-1.63%)

12/02/19 Compass Point
PennyMac Mortgage initiated with a Neutral at Compass Point
10/11/19 Deutsche Bank
PennyMac Mortgage initiated with a Buy rating at Deutsche Bank
09/23/19 BofA
PennyMac Mortgage initiated with a Buy at BofA/Merrill
09/23/19 BofA
PennyMac Mortgage initiated with a Buy at BofA/Merrill
TSC TriState Capital
$22.05 /

-0.53 (-2.35%)

01/30/20 Keefe Bruyette
TriState Capital downgraded to Market Perform from Outperform at Keefe Bruyette
09/25/19 B. Riley Securities
B. Riley FBR starts TriState Capital with Buy on earnings growth potential
09/24/19 B. Riley Securities
TriState Capital initiated with a Buy at B. Riley FBR
UMPQ Umpqua Holdings
$17.29 /

-0.47 (-2.65%)

01/02/20 Stephens
Stephens releases Best Ideas list for 2020
01/02/20 Stephens
Stephens upgrades Umpqua Holdings to Overweight on better expected profitability
01/02/20 Stephens
Umpqua Holdings upgraded to Overweight from Equal Weight at Stephens
07/19/19 Raymond James
Raymond James reiterates Outperform, but lowers target on Umpqua
WAL Western Alliance
$53.35 /

-2.565 (-4.59%)

08/23/19 Wedbush
Western Alliance added to Best Ideas List at Wedbush
04/24/19 Wells Fargo
Western Alliance price target raised to $58 from $53 at Wells Fargo
Earnings
Cathay General reports Q4 EPS 84c, consensus 83c » 16:33
01/22/20
01/22
16:33
01/22/20
16:33
CATY

Cathay General

$37.22 /

+0.21 (+0.57%)

Reports a reversal for…

Reports a reversal for credit losses of $5.0 M in Q4 vs. no provision for credit losses in 4Q18. Reports Q4 net charge-offs ($2.32M) vs. $1.07M a year ago.

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CATY Cathay General
$37.22 /

+0.21 (+0.57%)

03/25/19 Wedbush
Cathay General removed from Best Ideas List at Wedbush
03/18/19 Piper Sandler
Cathay General shares more attractive in Q1 after lagging, says Piper Jaffray

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