CATY · Analysis updated Nov 10, 2026, 6:00 PM ET

Why is Cathay General Bancorp (CATY) stock moving?

No news items were published about CATY in the 14 days before Nov 10, so there is no fresh catalyst. The most recent company events are the Q3 2026 results 8-K (Oct 21, outside the 14-day window) and the 10-Q filed Nov 6, but the extracts provided contain no revenue, earnings, or guidance figures. Price has been range-bound: the stock closed at 65.35 on Nov 10, up from 64.24 on Oct 22, with a 30-day range of 58.99 to 67.62. It rejected the 67.62 high on Nov 4 and fell to 64.16 the next day, then recovered to 65.35 by Nov 9 and 10. Nov 10 volume of 287,163 shares is the lowest in the period, about 54% of the 30-day average of roughly 533,000, which suggests fading participation rather than conviction in either direction.

News behind the analysis

8-K (results of operations, Regulation FD disclosure, exhibits)
SEC EDGAR · Oct 20, 2026
Reported Q3 2026 financial results for the quarter ended Sep 30 and scheduled a Oct 21 conference call. The extract provided does not include the press release figures.
10-Q
SEC EDGAR · Nov 5, 2026
Quarterly report filed Nov 6. The extract provided contains no financial details.

About Cathay General Bancorp

Financials · Regional Banks

Cathay General Bancorp is the Los Angeles-based holding company for Cathay Bank, a California state-chartered bank founded in 1962 that runs over 60 branches in nine US states, plus offices in Asia. It is one of the largest US banks focused on Chinese-American and other Asian-American communities, and it is known for a low efficiency ratio, meaning low costs relative to revenue (about 41% in 2026).

How it makes money

Most of its revenue, roughly 85–90%, is net interest income: the gap between the interest it earns on loans and securities and the interest it pays on deposits. Its loans are concentrated in commercial real estate, residential mortgages and commercial business loans. The rest comes from fees, including trade finance, foreign exchange, deposit service charges and wealth management. Net interest margin was about 3.5% in late 2026.

What usually moves CATY

Interest rates and net interest margin
Commercial real estate credit quality
Loan and deposit growth
US–China trade and cross-border business activity
Share buybacks and dividends

Similar companies

EWBC, HOPE, HAFC, PFBC, CVBF

All stock analyses · Stock market today

This analysis is for informational purposes only and is not investment advice. It is based solely on the news items, SEC filing extracts, and 30-day market data provided, which are incomplete. Past price behavior does not predict future results. Consult a licensed financial advisor before making investment decisions.