Felix Fernandez - Cathay General Independent Director

CATY Stock  USD 34.44  0.32  0.92%   

Director

Mr. Felix S. Fernandez is Independent Director of the Company and the Bank. He has served as a leader at Wells Fargo in various capacities for over 15 years. In 2011, he retired as a Corporationrationrate Executive Vice President and Regional President of Community Banking for Wells Fargo in the Northern California region. He was responsible for up to 150 branches, 15 billion in deposits and 1.5 billion in loans, and 2, 700 employees. Prior to working at Wells Fargo, Mr. Fernandez served as Executive Vice President of International Business Banking at State National Bank in El Paso, Texas, where he was responsible for the Mexico business market, and also served in various positions at Valley National Bank of Arizona . Mr. Fernandez was active in the community and business organizations throughout his career, including affiliations with the United Way, Boys and Girls Club of America, Boy Scouts of America, Bankers Association for Finance and Trade, and the Greater Sacramento Chamber of Commerce. He also served on the board of Sacramento State University Enterprise, Inc., Dignity Health Sacramento Service Region Board, Crocker Art Museum, the California Bankers Association, and Pan American Bank. He received a MBA degree, with an emphasis in Finance. Mr. Fernandez was a Director of Bancorp and Cathay Bank since 2013 since 2013.
Age 66
Tenure 11 years
Address 777 North Broadway, Los Angeles, CA, United States, 90012
Phone213 625 4700
Webhttps://www.cathaygeneralbancorp.com
Fernandez brings with him valuable financial skills and diverse experience, along with a leadership record in the banking industry, all of which enhance the Board’s capacity to guide our future growth and development.

Cathay General Management Efficiency

The company has return on total asset (ROA) of 0.0145 % which means that it generated a profit of $0.0145 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1239 %, meaning that it created $0.1239 on every $100 dollars invested by stockholders. Cathay General's management efficiency ratios could be used to measure how well Cathay General manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to drop to 0 in 2024. At this time, Cathay General's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 23.2 B in 2024, whereas Other Assets are likely to drop 0.95 in 2024.
The company currently holds 709.72 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Cathay General until it has trouble settling it off, either with new capital or with free cash flow. So, Cathay General's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cathay General Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cathay to invest in growth at high rates of return. When we think about Cathay General's use of debt, we should always consider it together with cash and equity.

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Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company was founded in 1962 and is headquartered in Los Angeles, California. Cathay Genl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1156 people. Cathay General Bancorp (CATY) is traded on NASDAQ Exchange in USA. It is located in 777 North Broadway, Los Angeles, CA, United States, 90012 and employs 1,246 people. Cathay General is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Cathay General Bancorp Leadership Team

Elected by the shareholders, the Cathay General's board of directors comprises two types of representatives: Cathay General inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cathay. The board's role is to monitor Cathay General's management team and ensure that shareholders' interests are well served. Cathay General's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cathay General's outside directors are responsible for providing unbiased perspectives on the board's policies.
Chang Liu, COO of the Bank
Anthony Tang, Executive Vice Chairman and Executive Vice Chairman of Cathay Bank
Richard Sun, Independent Director of the Company and the Bank
Monica Chen, IR Contact Officer
Nelson Chung, Independent Director
Patrick Lee, Lead Independent Director
Mark Lee, Chief Credit Officer of Cathay Bank
Donald Chow, Chief Credit Officer of Cathay Bank and Executive VP of Cathay Bank
Jane Jelenko, Independent Director
Heng Chen, CFO, Principal Accounting Officer, Executive VP, Treasurer, CFO of Cathay Real Estate Investment Trust, CFO of Cathay Bank, Executive VP of Cathay Bank and VP of Cathay Real Estate Investment
Thomas Lo, Executive Officer
Felix Fernandez, Independent Director
Irwin Wong, COO of Cathay Bank and Sr. Executive VP of Cathay Bank
Peter Wu, Executive Vice Chairman of the Board
Dunson Cheng, Chairman, CEO and President Chairman of Investment Committee, Member of Risk Committee, Chairman of Cathay Bank, CEO of Cathay Bank and President of Cathay Bank and President of Cathay Real Estate Investment Trust and Trustee of Cathay Real Estate Investment Trust
Thomas Chiu, Director
Ting Liu, Independent Director
Kim Bingham, Executive Vice President Chief Risk Officer of the Bank
Pin Tai, President of Cathay Bank and Director of Cathay Bank
Joseph Poon, Independent Director
Kelly Chan, Independent Director
Michael Chang, Independent Director
May Chan, General VP
Georgia Lo, Assistant Relations
Weston Barkwill, Chief Auditor

Cathay Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cathay General a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Cathay General Investors Sentiment

The influence of Cathay General's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cathay. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cathay General's public news can be used to forecast risks associated with an investment in Cathay. The trend in average sentiment can be used to explain how an investor holding Cathay can time the market purely based on public headlines and social activities around Cathay General Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cathay General's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cathay General's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cathay General's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cathay General.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cathay General in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cathay General's short interest history, or implied volatility extrapolated from Cathay General options trading.

Pair Trading with Cathay General

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cathay General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cathay General will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cathay Stock

  0.61AX Axos Financial Fiscal Year End 25th of July 2024 PairCorr

Moving against Cathay Stock

  0.83TECTP Tectonic FinancialPairCorr
  0.79DB Deutsche Bank AGPairCorr
  0.65CFG-PD Citizens FinancialPairCorr
  0.49NU Nu Holdings Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to Cathay General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cathay General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cathay General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cathay General Bancorp to buy it.
The correlation of Cathay General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cathay General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cathay General Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cathay General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cathay General Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cathay General's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cathay General Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cathay General Bancorp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Cathay Stock analysis

When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.
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Is Cathay General's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cathay General. If investors know Cathay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cathay General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
1.36
Earnings Share
4.52
Revenue Per Share
10.45
Quarterly Revenue Growth
(0.13)
The market value of Cathay General Bancorp is measured differently than its book value, which is the value of Cathay that is recorded on the company's balance sheet. Investors also form their own opinion of Cathay General's value that differs from its market value or its book value, called intrinsic value, which is Cathay General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cathay General's market value can be influenced by many factors that don't directly affect Cathay General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cathay General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.