Cathay General Bancorp Announces Second Quarter 2020 Results

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Cathay General Bancorp (CATY) Tops Q2 EPS by 11c

July 27, 2020 4:33 PM EDT

Cathay General Bancorp (NASDAQ: CATY) reported Q2 EPS of $0.68, $0.11 better than the analyst estimate of $0.57.

"For the second quarter of 2020, our total deposits increased $1.2 billion, or 31.6% annualized, to $16.3 billion, with the majority of the increase in core deposits. This strong growth in deposits... More