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Cathay General net income rises 25.04% to $86.9 million in Q1 FY26

PUBT·05/08/2026 20:54:33
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Cathay General net income rises 25.04% to $86.9 million in Q1 FY26
  • Cathay General Bancorp posted first-quarter net income of USD 86.9 million, up 25.04% year over year, with diluted EPS rising to USD 1.29 from USD 0.98.
  • Net interest income before provision for credit losses climbed 10% to USD 194.2 million, while net interest margin widened 18 basis points to 3.43%.
  • Provision for credit losses increased 17.42% to USD 18.2 million, lifting allowance for loan losses to USD 208.9 million, or 1.03% of total loans.
  • Non-interest income more than doubled to USD 20.7 million on an equity securities gain of USD 17.3 million, partly offset by a USD 15.7 million impairment loss tied to a planned sale of certain available-for-sale securities.
  • Total deposits fell 1% to USD 20.68 billion, while loans held for investment edged up 0.1% to USD 20.17 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cathay General Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-015940), on May 08, 2026, and is solely responsible for the information contained therein.