Cathay General Bancorp (CATY) Q1 2009 Earnings Results

Cathay Gen Bancorp Beats on EPS, Stock Down 6.83%

Cathay Gen Bancorp reported a significant earnings surprise with an EPS of $0.12, exceeding expectations. However, the stock fell by 6.83% in reaction, likely due to the lack of revenue details and forward guidance. Investors may be concerned about the broader economic conditions affecting the bank's performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.12	N/A	+313.79%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed satisfaction with the EPS results, highlighting resilience in a tough market. They emphasized a cautious approach moving forward.

We are pleased with our EPS performance despite the challenging environment.

Our focus remains on maintaining stability and managing risks.

Cathay Gen Bancorp Beats on EPS, Stock Down 6.83%

Key numbers

Management commentary

Cathay General Bancorp

More earnings this week

Cathay Gen Bancorp Beats on EPS, Stock Down 6.83%

Key numbers

Management commentary