Cathay General Bancorp (CATY) Reports In-Line Q3 EPS

October 17, 2018 4:31 PM EDT
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Price: $64.93 +0.50%

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Long-term debt: 1.46M

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Cathay General Bancorp (NASDAQ: CATY) reported Q3 EPS of $0.85, in-line with the analyst estimate of $0.85.

"For the third quarter of 2018, our total loans increased $298.9 million or 9.3% annualized to $13.6 billion. Also, our deposits increased $476.5 million or 15.0% annualized to $13.6 billion compared to $13.1 billion in the second quarter of 2018, mainly as a result of our summer CD promotion," commented Pin Tai, Chief Executive Officer and President of the Company.

For earnings history and earnings-related data on Cathay General Bancorp (CATY) click here.



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