Regional bank Cathay General Bancorp (NASDAQ:CATY) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 9.7% year on year to $197.1 million. Its non-GAAP profit of $1.10 per share was 1.1% above analysts’ consensus estimates.
Regional bank Cathay General Bancorp (NASDAQ:CATY) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 10.1% year on year to $196.6 million. Its GAAP profit of $1.10 per share was 1.1% above analysts’ consensus estimates.
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
Regional banks are rolling out big-time buybacks. See which name is signaling a huge amount of confidence, with the ability to buy back 15% of its shares.
Regional bank Cathay General Bancorp (NASDAQ:CATY) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 7.2% year on year to $187.8 million. Its non-GAAP profit of $0.98 per share was 2.9% above analysts’ consensus estimates.
Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. Still, investors are uneasy as banks face challenges from credit quality concerns and potential regulatory changes.
These doubts have caused the industry to lag recently as banking stocks have collectively shed 10.1% over the past six months. This drawdown was disheartening since the S&P 500 held its ground.
