Cathay General Bancorp Stock Net Income
| CATY Stock | USD 37.28 0.01 0.03% |
Cathay General Bancorp fundamentals help investors to digest information that contributes to Cathay General's financial success or failures. It also enables traders to predict the movement of Cathay Stock. The fundamental analysis module provides a way to measure Cathay General's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cathay General stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 354.1 M | 371.8 M | |
| Net Income Applicable To Common Shares | 414.7 M | 435.5 M | |
| Net Income From Continuing Ops | 369.2 M | 247.5 M | |
| Net Income Per Share | 4.88 | 5.12 | |
| Net Income Per E B T | 0.88 | 0.57 |
Cathay | Net Income |
Cathay General Bancorp Company Net Income Analysis
Cathay General's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Cathay General Net Income | 354.12 M |
Most of Cathay General's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cathay General Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cathay Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Cathay General is extremely important. It helps to project a fair market value of Cathay Stock properly, considering its historical fundamentals such as Net Income. Since Cathay General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cathay General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cathay General's interrelated accounts and indicators.
Cathay Net Income Historical Pattern
Today, most investors in Cathay General Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cathay General's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cathay General net income as a starting point in their analysis.
Cathay General Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Cathay Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Cathay General Bancorp reported net income of 354.12 M. This is 72.28% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 37.98% higher than that of the company.
Cathay Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cathay General's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cathay General could also be used in its relative valuation, which is a method of valuing Cathay General by comparing valuation metrics of similar companies.Cathay General is currently under evaluation in net income category among related companies.
Cathay General Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cathay General from analyzing Cathay General's financial statements. These drivers represent accounts that assess Cathay General's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cathay General's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.0B | 2.6B | 3.4B | 3.0B | 3.2B | 3.4B | |
| Enterprise Value | 3.7B | 2.7B | 3.4B | 3.5B | 3.8B | 4.0B |
Cathay General ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cathay General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cathay General's managers, analysts, and investors.Environmental | Governance | Social |
Cathay General Institutional Holders
Institutional Holdings refers to the ownership stake in Cathay General that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cathay General's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cathay General's value.| Shares | Lsv Asset Management | 2024-03-31 | 946.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 900.7 K | American Century Companies Inc | 2023-12-31 | 868.5 K | First Trust Advisors L.p. | 2023-12-31 | 861.4 K | Nuveen Asset Management, Llc | 2023-12-31 | 830.1 K | Gw&k Investment Management, Llc | 2023-12-31 | 798.8 K | Norges Bank | 2023-12-31 | 775.5 K | Ameriprise Financial Inc | 2023-12-31 | 755.4 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 749.4 K | Blackrock Inc | 2023-12-31 | 10.7 M | Vanguard Group Inc | 2023-12-31 | 8.3 M |
Cathay Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0145 | |||
| Profit Margin | 0.43 % | |||
| Operating Margin | 0.58 % | |||
| Current Valuation | 2 B | |||
| Shares Outstanding | 72.81 M | |||
| Shares Owned By Insiders | 5.70 % | |||
| Shares Owned By Institutions | 73.97 % | |||
| Number Of Shares Shorted | 2.05 M | |||
| Price To Earning | 14.38 X | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 3.27 X | |||
| Revenue | 1.3 B | |||
| Gross Profit | 775.97 M | |||
| EBITDA | 1.31 M | |||
| Net Income | 354.12 M | |||
| Cash And Equivalents | 200.05 M | |||
| Cash Per Share | 2.72 X | |||
| Total Debt | 709.72 M | |||
| Debt To Equity | 0.08 % | |||
| Book Value Per Share | 38.22 X | |||
| Cash Flow From Operations | 384.74 M | |||
| Short Ratio | 5.36 X | |||
| Earnings Per Share | 4.52 X | |||
| Price To Earnings To Growth | 2.08 X | |||
| Target Price | 39.5 | |||
| Number Of Employees | 1.25 K | |||
| Beta | 1.12 | |||
| Market Capitalization | 2.71 B | |||
| Total Asset | 23.1 B | |||
| Retained Earnings | 2.5 B | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.25 % | |||
| Net Asset | 23.1 B | |||
| Last Dividend Paid | 1.02 |
About Cathay General Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cathay General Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay General Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Cathay General Piotroski F Score and Cathay General Altman Z Score analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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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 1.02 | 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.