Cathay General Bancorp (CATY) Tops Q2 EPS by 1c

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Cathay General Bancorp Announces Second Quarter 2018 Results

July 18, 2018 4:30 PM EDT

LOS ANGELES, July 18, 2018 /PRNewswire/ -- Cathay General Bancorp (the "Company", "we", "us", or "our" NASDAQ: CATY), the holding company for Cathay Bank, today announced net income of $73.7 million, or $0.90 per share, for the second quarter of 2018.  Second quarter 2018 results included $1.7 million in acquisition and integration costs related to the Far East National Bank ("FENB") acquisition, which reduced earnings per share by $0.015.

FINANCIAL PERFORMANCE

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