Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 1.01
CATY's Cash to Debt is ranked higher than
73% of the 1272 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. CATY: 1.01 )
CATY' s 10-Year Cash to Debt Range
Min: 0.07   Max: No Debt
Current: 1.01

Equity to Asset 0.13
CATY's Equity to Asset is ranked higher than
82% of the 1588 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. CATY: 0.13 )
CATY' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.15
Current: 0.13

0.08
0.15
Interest Coverage 2.36
CATY's Interest Coverage is ranked higher than
80% of the 1357 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.13 vs. CATY: 2.36 )
CATY' s 10-Year Interest Coverage Range
Min: 0.24   Max: 2.36
Current: 2.36

0.24
2.36
F-Score: 4
Z-Score: 0.30
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 50.43
CATY's Operating margin (%) is ranked higher than
93% of the 1462 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 30.05 vs. CATY: 50.43 )
CATY' s 10-Year Operating margin (%) Range
Min: -35.61   Max: 63.33
Current: 50.43

-35.61
63.33
Net-margin (%) 31.98
CATY's Net-margin (%) is ranked higher than
89% of the 1570 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 20.57 vs. CATY: 31.98 )
CATY' s 10-Year Net-margin (%) Range
Min: -18.65   Max: 40.48
Current: 31.98

-18.65
40.48
ROE (%) 8.44
CATY's ROE (%) is ranked higher than
76% of the 1554 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.99 vs. CATY: 8.44 )
CATY' s 10-Year ROE (%) Range
Min: -5.17   Max: 17.97
Current: 8.44

-5.17
17.97
ROA (%) 1.12
CATY's ROA (%) is ranked higher than
86% of the 1563 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.75 vs. CATY: 1.12 )
CATY' s 10-Year ROA (%) Range
Min: -0.58   Max: 1.77
Current: 1.12

-0.58
1.77
ROC (Joel Greenblatt) (%) 190.28
CATY's ROC (Joel Greenblatt) (%) is ranked higher than
88% of the 1437 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 78.30 vs. CATY: 190.28 )
CATY' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -118.46   Max: 255.91
Current: 190.28

-118.46
255.91
Revenue Growth (%) 4.30
CATY's Revenue Growth (%) is ranked higher than
82% of the 1284 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. CATY: 4.30 )
CATY' s 10-Year Revenue Growth (%) Range
Min: -13.5   Max: 15.9
Current: 4.3

-13.5
15.9
EBITDA Growth (%) 187.00
CATY's EBITDA Growth (%) is ranked higher than
99% of the 1124 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.20 vs. CATY: 187.00 )
CATY' s 10-Year EBITDA Growth (%) Range
Min: -70.1   Max: 187
Current: 187

-70.1
187
» CATY's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

CATY Guru Trades in Q1 2013

Jim Simons 64,671 sh (+494.89%)
Joel Greenblatt 15,918 sh (+16.93%)
Manning & Napier Advisors, Inc 585,610 sh (+0.09%)
» More
Q2 2013

CATY Guru Trades in Q2 2013

Steven Cohen 12,856 sh (New)
Jim Simons 84,571 sh (+30.77%)
Joel Greenblatt 18,251 sh (+14.66%)
Manning & Napier Advisors, Inc 270,540 sh (-53.8%)
» More
Q3 2013

CATY Guru Trades in Q3 2013

Joel Greenblatt 18,272 sh (+0.12%)
Steven Cohen Sold Out
Manning & Napier Advisors, Inc Sold Out
Jim Simons 60,171 sh (-28.85%)
» More
Q4 2013

CATY Guru Trades in Q4 2013

Steven Cohen 19,081 sh (New)
Jim Simons Sold Out
Joel Greenblatt 15,459 sh (-15.4%)
» More
» Details

Insider Trades

Latest Guru Trades with CATY

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2012-12-31 New Buy0.02%$16.61 - $19.82 $ 24.3236%13613
George Soros 2011-03-31 Sold Out $15.63 - $18.87 $ 24.3241%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 17.00
CATY's P/E(ttm) is ranked higher than
56% of the 1451 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.60 vs. CATY: 17.00 )
CATY' s 10-Year P/E(ttm) Range
Min: 4.84   Max: 32.3
Current: 17

4.84
32.3
P/B 1.30
CATY's P/B is ranked higher than
52% of the 1479 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. CATY: 1.30 )
CATY' s 10-Year P/B Range
Min: 0.38   Max: 2.98
Current: 1.3

0.38
2.98
P/S 5.00
CATY's P/S is ranked lower than
75% of the 1638 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.80 vs. CATY: 5.00 )
CATY' s 10-Year P/S Range
Min: 1.04   Max: 8.69
Current: 5

1.04
8.69
PFCF 17.80
CATY's PFCF is ranked lower than
70% of the 940 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. CATY: 17.80 )
CATY' s 10-Year PFCF Range
Min: 1.35   Max: 152.5
Current: 17.8

1.35
152.5
EV-to-EBIT 13.20
CATY's EV-to-EBIT is ranked higher than
73% of the 1447 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.51 vs. CATY: 13.20 )
CATY' s 10-Year EV-to-EBIT Range
Min: 6   Max: 49.4
Current: 13.2

6
49.4
Shiller P/E 46.00
CATY's Shiller P/E is ranked lower than
68% of the 841 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 16.71 vs. CATY: 46.00 )
CATY' s 10-Year Shiller P/E Range
Min: 4.25   Max: 50.89
Current: 46

4.25
50.89

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.49
CATY's Dividend Yield is ranked lower than
91% of the 1312 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.40 vs. CATY: 0.49 )
CATY' s 10-Year Dividend Yield Range
Min: 0.14   Max: 5.2
Current: 0.49

0.14
5.2
Dividend Payout 0.06
CATY's Dividend Payout is ranked higher than
98% of the 1147 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.31 vs. CATY: 0.06 )
CATY' s 10-Year Dividend Payout Range
Min: -0.67   Max: 0.49
Current: 0.06

-0.67
0.49
Dividend growth (3y) 26.00
CATY's Dividend growth (3y) is ranked higher than
91% of the 809 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 4.20 vs. CATY: 26.00 )
CATY' s 10-Year Dividend growth (3y) Range
Min: -54.3   Max: 26
Current: 26

-54.3
26
Yield on cost (5-Year) 0.19
CATY's Yield on cost (5-Year) is ranked lower than
92% of the 1327 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.66 vs. CATY: 0.19 )
CATY' s 10-Year Yield on cost (5-Year) Range
Min: 0.05   Max: 2.02
Current: 0.19

0.05
2.02
Share Buyback Rate -0.90
CATY's Share Buyback Rate is ranked higher than
78% of the 1170 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.70 vs. CATY: -0.90 )
CATY' s 10-Year Share Buyback Rate Range
Min: 0.9   Max: -16.7
Current: -0.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.70
CATY's Price/Tangible Book is ranked higher than
51% of the 1380 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. CATY: 1.70 )
CATY' s 10-Year Price/Tangible Book Range
Min: 0.66   Max: 4.38
Current: 1.7

0.66
4.38
Price/DCF (Projected) 0.80
CATY's Price/DCF (Projected) is ranked higher than
57% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. CATY: 0.80 )
CATY' s 10-Year Price/DCF (Projected) Range
Min: 0.19   Max: 1.33
Current: 0.8

0.19
1.33
Price/Median PS Value 1.20
CATY's Price/Median PS Value is ranked higher than
50% of the 1493 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. CATY: 1.20 )
CATY' s 10-Year Price/Median PS Value Range
Min: 0.25   Max: 1.9
Current: 1.2

0.25
1.9
Price/Graham Number 1.10
CATY's Price/Graham Number is ranked higher than
56% of the 1365 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. CATY: 1.10 )
CATY' s 10-Year Price/Graham Number Range
Min: 0.72   Max: 2.4
Current: 1.1

0.72
2.4
Earnings Yield (Greenblatt) 7.60
CATY's Earnings Yield (Greenblatt) is ranked higher than
77% of the 1411 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.40 vs. CATY: 7.60 )
CATY' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2   Max: 16.7
Current: 7.6

2
16.7
Forward Rate of Return (Yacktman) 8.04
CATY's Forward Rate of Return (Yacktman) is ranked higher than
62% of the 1102 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.77 vs. CATY: 8.04 )
CATY' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 8.1   Max: 30.1
Current: 8.04

8.1
30.1

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Traded in other countries:CN7.Germany
Cathay General Bancorp was organized in 1990 under the laws of the State of Delaware. The Company is the holding company of Cathay Bank, a California state-chartered commercial bank, six limited partnerships investing in affordable housing investments in which the Bank is the sole limited partner, and GBC Venture Capital, Inc. As a commercial bank, the Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. From time to time, the Bank invests available funds in other interest-earning assets, such as U.S. Treasury securities, U.S. government agency securities, state and municipal securities, mortgage-backed securities, asset-backed securities, corporate bonds, and other security investments. The Bank also provides letters of credit, wire transfers, forward currency spot and forward contracts, traveler's checks, safe deposit, night deposit, Social Security payment deposit, collection, bank-by-mail, drive-up and walk-up windows, automatic teller machines ('ATM'), Internet banking services, and other customary bank services. The Bank mainly services individuals, professionals, and small to medium-sized businesses in the local markets in which its branches are located and provides commercial mortgage loans, commercial loans, Small Business Administration ('SBA') loans, residential mortgage loans, real estate construction loans, equity lines of credit, and installment loans to individuals for automobile, household, and other consumer expenditures. Through Cathay Wealth Management, the Bank provides its customers the ability to trade securities online and to purchase mutual funds, annuities, equities, bonds, and short-term money market instruments. All securities and insurance products provided by Cathay Wealth Management are offered by, and all Financial Consultants are registered with, Cetera Financial Services, a registered securities broker/dealer and licensed insurance agency and member of the Financial Industry Regulatory Authority and Security Investor Protection Corporation. It faces substantial competition for deposits, loans and other banking services, as well as acquisitions, throughout its market area from the major banks and financial institutions. It also competes for loans and deposits, as well as other banking services, with savings and loan associations, brokerage houses, insurance companies, mortgage companies, credit unions, credit card companies and other financial and non-financial institutions and entities. The Bancorp and the Bank are subject to significant regulation and restrictions by federal and state laws and regulatory agencies.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide