Cathay General Bancorp
In the published model solve dated 2026-Q2, anchored at $61.87, Cathay General Bancorp (CATY) is priced for 12.5% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• The franchise is a customer list rather than a branch network, built around clients the FY2025 10-K places in high-density Asian-populated areas of California, New York, Texas, Washington, Massachusetts, Illinois and Nevada. • Concentration is the structural risk: total commercial real estate loans accounted for 52.4% of gross loans at December 31, 2025, up from 51.8% a year earlier. • Capital return has been running hard, with the FY2025 10-K reporting 2,973,982 shares repurchased at an avera
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276 institutional managers reported holding CATY in 13F filings for the quarter ended 2026-03-31. Together they hold about 71% of the company; the top 10 hold 49%. 47 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 2.2M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (5.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
CATY has cut its share count 15.3% over the past five years, spending $539.16M on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting); the current rate is $1.36 a share annually. Cash returned over the past three years: $266.58M in dividends and $277.58M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at CATY over the trailing three years. Absence is a fact about the company, not a signal. 21 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
CATY's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | +5.0% | -5.3% |
| 2023-11-09 | -1.1% | +22.9% |
| 2024-03-01 | -1.2% | -6.0% |
| 2024-05-09 | -3.1% | +4.8% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
CATY's latest 8-K filings: 2026-07-22 (items 2.02, 7.01, 9.01); 2026-05-19 (items 5.07); 2026-04-23 (items 8.01, 9.01); 2026-04-22 (items 2.02, 7.01, 9.01); 2026-02-05 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.