Cathay General Bancorp

Overview

Cathay General Bancorp (CGB) is a bank holding company that offers commercial banking and wealth management solutions to individuals, professionals, and small to medium-sized businesses through its subsidiary, Cathay Bank. It provides savings, demand, and time deposits; lending for commercial, small business, personal, and real estate requirements; credit and debit cards; digital banking; international banking, foreign exchange services. The company also offers a range of wealth solutions including insurance and retirement, annuities, mutual funds, investment IRAs, and advisory. It operates through a network of branches in California, New York, Massachusetts, Texas, Nevada, Washington, Illinois, Maryland, and New Jersey, in the US; and Hong Kong; and representative offices in China and Taiwan. CGB is headquartered in Los Angeles, California, the US.
Key Stats
Address
777 N BROADWAY, LOS ANGELES, California
Headquarters

United States of America

Contact

1 213 6254700

No of Employees

1,205

Industry

Financial Services

Ticker Symbol & Exchange​

CATY [NASD]

Revenue (2020)

$743 m

-8.7% (2020 vs 2019)
Net Income (2020)

$229 m

-18% (2020 vs 2019)
Net Profit Margin

31 %

-10.2% (2020 vs 2019)
Market Cap *

$3,114 m

EPS *

$2.9

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Cathay General BancorpValley National BancorpPacWest BancorpFirst Midwest Bancorp Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City LOS ANGELES NEW YORK BREA CHICAGO
Headquarter State/Province California New York California Illinois
No. of Employees 1,205 3,155 1,700 2,074
Entity Type Public Public Public Public

Products & Services

CGB offers financial products and services to individuals, SMEs, and businesses. Key products and services offered by the bank include:

Products
  • Savings Accounts
  • Checking Accounts
  • Individual Retirement Accounts
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Services
  • Foreign Exchange
  • Cash Management
  • Merchant Bankcard Services
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Chang M Liu Chief Executive Officer; Director; President Executive Board 2020 54 Mr. Chang M Liu has been the President, Chief Executive Officer, and Director since 2020. Previously, he worked as an...
Mark H. Lee Chief Credit Officer - Cathay Bank; Executive Vice President - Cathay Bank Senior Management 2017 58 Mr. Lee has been the Chief Credit Officer and Executive Vice President of the company since 2017. Prior to this,...
Kim R. Bingham Executive Vice President - Cathay Bank; Chief Risk Officer - Cathay Bank Senior Management - 64 Mr. Bingham has been the Chief Risk Officer of the company since 2014 and Executive Vice President of Cathay Bank...
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History

Year Event Description
2017 Acquisitions/Mergers/Takeovers In October, the bank completed the merger process between its subsidiary, Cathay Bank and SinoPac…
2017 Contracts/Agreements In December, Cathay Bank, a subsidiary of the bank, entered into an agreement to implement…
2017 Acquisitions/Mergers/Takeovers In September, the company acquired SinoPac Bancorp, a subsidiary of Bank SinoPac.
2015 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2013 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2009 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Cathay Bank

Address

777 North Broadway, Los Angeles
United States of America

Telephone

1 213 6254791

Website

www.cathaybank.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
26 Mar 2019 Ifchange Secures USD80 Million in Series C Funding Venture Financing Lightspeed Management Company, L.L.C; Schroder Adveq Management AG; Cathay General Bancorp; Sunshine Insurance Group Corporation Ltd; Lightspeed China Partners Shanghai Information Technology Co Ltd
08 Jul 2016 Cathay General Bancorp Acquires 100% Stake in SinoPac Bancorp Acquisition Cathay General Bancorp SinoPac Bancorp
21 Jan 2015 Asia Bancshares to Merge with Cathay General Bancorp Merger Asia Bancshares, Inc.; Cathay General Bancorp
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Jobs Overview

90

Active Jobs

29

Posted

21

Closed

Job Trends

Latest Jobs

Job title Company Country
AVP, Sr. Operations Officer II Cathay General Bancorp United States
Relationship Banker I or II Cathay General Bancorp United States
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