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Cathay General Bancorp - Stock

Cathay General Bancorp P/E 2024

Cathay General Bancorp P/E

9.33

Ticker

CATY

ISIN

US1491501045

WKN

923184

As of Jun 12, 2024, Cathay General Bancorp's P/E ratio was 9.33, a 50.73% change from the 6.19 P/E ratio recorded in the previous year.

The Cathay General Bancorp P/E history

Cathay General Bancorp Aktienanalyse

What does Cathay General Bancorp do?

Cathay General Bancorp is a US bank holding company that has been listed on NASDAQ since 1986. It is headquartered in Los Angeles, California and operates over 60 branches in the states of California, New York, Illinois, Texas, Washington, and Nevada. The company was founded in 1962 as Cathay Bank and has become an important financial institution for the Chinese community in Los Angeles. It expanded its business to other regions of the US in the 1970s and offers a wide range of financial products and services, catering to the needs of the Chinese and Asian-American community. The company also has diverse business activities, including real estate financing, SBA loans, online banking, and securities services. It is divided into three main segments: banking, real estate, and other. The banking segment is the company's main focus and includes Cathay Bank, General Bank, and Far East National Bank. The real estate segment specializes in acquiring, developing, and selling commercial and residential properties in California. The other segment includes investment banking, asset management, and insurance. Cathay General Bancorp has a strong focus on meeting the needs of its customers, particularly the Asian-American community, and has a successful track record in financing small and medium-sized businesses and supporting customers in international markets. The company has established itself as an important player in the US financial sector and also operates globally. Its focus on the Asian-American community has helped it position itself as a trusted partner for customers in the US and Asia, and is expected to continue to be the foundation of its success in the future. Cathay General Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cathay General Bancorp's P/E Ratio

The Price to Earnings (P/E) Ratio of Cathay General Bancorp is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Cathay General Bancorp's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Cathay General Bancorp is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Cathay General Bancorp’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Cathay General Bancorp Stock

What is the price-to-earnings ratio of Cathay General Bancorp?

The price-earnings ratio of Cathay General Bancorp is currently 9.33.

How has the price-earnings ratio of Cathay General Bancorp changed compared to last year?

The price-to-earnings ratio of Cathay General Bancorp has increased by 50.73% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Cathay General Bancorp high compared to other companies?

Yes, the price-to-earnings ratio of Cathay General Bancorp is high compared to other companies.

How does an increase in the price-earnings ratio of Cathay General Bancorp affect the company?

An increase in the price-earnings ratio of Cathay General Bancorp would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Cathay General Bancorp affect the company?

A decrease in the price-earnings ratio of Cathay General Bancorp would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Cathay General Bancorp?

Some factors that influence the price-earnings ratio of Cathay General Bancorp are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Cathay General Bancorp pay?

Over the past 12 months, Cathay General Bancorp paid a dividend of 1.36 USD . This corresponds to a dividend yield of about 3.85 %. For the coming 12 months, Cathay General Bancorp is expected to pay a dividend of 1.5 USD.

What is the dividend yield of Cathay General Bancorp?

The current dividend yield of Cathay General Bancorp is 3.85 %.

When does Cathay General Bancorp pay dividends?

Cathay General Bancorp pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Cathay General Bancorp?

Cathay General Bancorp paid dividends every year for the past 23 years.

What is the dividend of Cathay General Bancorp?

For the upcoming 12 months, dividends amounting to 1.5 USD are expected. This corresponds to a dividend yield of 4.24 %.

In which sector is Cathay General Bancorp located?

Cathay General Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Cathay General Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cathay General Bancorp from 6/10/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 5/30/2024.

When did Cathay General Bancorp pay the last dividend?

The last dividend was paid out on 6/10/2024.

What was the dividend of Cathay General Bancorp in the year 2023?

In the year 2023, Cathay General Bancorp distributed 1.36 USD as dividends.

In which currency does Cathay General Bancorp pay out the dividend?

The dividends of Cathay General Bancorp are distributed in USD.

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Andere Kennzahlen von Cathay General Bancorp

Our stock analysis for Cathay General Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cathay General Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.