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Cathay General Bancorp (CATY) PT Lowered to $48 at Wedbush

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Cathay General Bancorp (CATY) PT Lowered to $49 at Piper Jaffray Following 3Q

October 18, 2018 7:49 AM EDT

Piper Jaffray analyst, Matthew Clark, lowered the price target on Cathay General Bancorp (NASDAQ: CATY) to $49.00 (from $51.00) while maintaining a Overweight rating following the company's 3Q earnings report. CATY posted operating EPS of $0.85, in-line with consensus estimates as lower NIE (EPS: +$0.02) & LLP (+$0.02)... More

Cathay General Bancorp (CATY) PT Lowered to $45 at RBC Capital

October 18, 2018 6:29 AM EDT

RBC Capital analyst Jon G. Arfstrom lowered the price target on Cathay General Bancorp (NASDAQ: CATY) to $45.00 (from $48.00) while maintaining an Outperform rating.

The analyst noted a solid quarter with a consistent outlook for 4Q and 2019.

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

October 17, 2018 4:31 PM EDT

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... More