<< Read Full Article

Cathay General Earnings Rise

Stock quotes in this article: CATY  

Cathay General Bancorp(CATY Quote), the holding company for Cathay Bank, said its second-quarter earnings rose 12.9% from the year-ago period, on strong organic loan growth and strong net interest income.

The Los Angeles, Calif.-based company earned $29.05 million, or 56 cents a share, in the quarter, compared with $25.73 million, or 51 cents a share, a year ago. Analysts surveyed by Thomson First Call were expecting earnings of 57 cents a share in the most recent quarter.

Second-quarter net interest income rose 20% from a year ago to $71.05 million. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.78 1,105.44 2,188.23 35.46
Oil *
71.70
UP
58.95
UP
3.09
DOWN
2.63
UP
0.64
10 Yr
3.55%
SPDR Gold
109.64
+0.57%
+0.28%
-0.12%
+1.84%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services