Cathay General Bancorp (CATY) Income Statement
CATY 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCATY revenue and net income
Where CATY's revenue goes
2025Each bar shows an amount and its share of revenue. CATY kept 22.8% of revenue as net income.
CATY profit margins
CATY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.4% | +15.1% | +13.2% | +11.0% |
| Gross profit | +10.1% | −0.6% | +7.2% | +6.0% |
| Operating income | +28.3% | −4.8% | +9.9% | +6.3% |
| Net income | +10.2% | −4.4% | +6.6% | +6.9% |
| EPS (diluted) | +10.5% | −2.2% | +9.6% | +8.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CATY quarterly EPS vs estimates
Cathay General Bancorp beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 21, 2026 (estimate $1.44).
CATY income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.39B | $1.31B | $908.1M | $721.1M | $743.4M | $814.0M | $719.3M | $606.8M | $532.4M |
| Cost of revenue | $622.2M | $698.4M | $526.5M | $132.1M | $52.7M | $206.0M | $187.4M | $117.6M | $77.9M | $65.5M |
| Gross profit | $762.5M | $692.2M | $784.1M | $776.0M | $668.4M | $537.4M | $626.7M | $601.8M | $528.9M | $466.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $192.8M | $188.2M | $183.6M | $157.4M | $146.8M | $138.2M | $159.7M | $152.8M | $137.5M | $121.1M |
| Total operating expenses | $355.1M | $374.7M | $380.5M | $303.4M | $286.5M | $283.5M | $277.3M | $264.1M | $230.6M | $224.7M |
| Operating income | $407.4M | $317.5M | $403.6M | $472.5M | $381.8M | $254.0M | $349.4M | $337.7M | $298.3M | $242.2M |
| Interest income | $1.31B | $1.33B | $1.17B | $851.3M | $666.5M | $700.6M | $769.3M | $688.0M | $576.2M | $499.1M |
| Interest expense | $566.8M | $660.9M | $500.5M | $117.6M | $68.8M | $148.5M | $194.4M | $122.1M | $80.4M | $81.2M |
| Income before taxes | $390.2M | $317.5M | $403.6M | $472.5M | $381.8M | $254.0M | $349.4M | $337.7M | $298.3M | $242.2M |
| Income taxes | $75.1M | $31.6M | $49.5M | $111.9M | $83.5M | $25.1M | $70.2M | $65.8M | $122.3M | $67.1M |
| Net income | $315.1M | $286.0M | $354.1M | $360.6M | $298.3M | $228.9M | $279.1M | $271.9M | $176.0M | $175.1M |
| EBITDA | $423.4M | $334.4M | $421.7M | $492.3M | $398.0M | $270.5M | $364.5M | $345.0M | $305.6M | $249.7M |
| EPS (diluted) | $4.54 | $4.11 | $5.01 | $4.85 | $3.80 | $2.87 | $3.48 | $3.31 | $2.45 | $2.19 |
| Gross margin | 55.1% | 49.8% | 59.8% | 85.5% | 92.7% | 72.3% | 77.0% | 83.7% | 87.2% | 87.7% |
| Operating margin | 29.4% | 22.8% | 30.8% | 52.0% | 53.0% | 34.2% | 42.9% | 46.9% | 49.2% | 45.5% |
| Net margin | 22.8% | 20.6% | 27.0% | 39.7% | 41.4% | 30.8% | 34.3% | 37.8% | 29.0% | 32.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $348.9M | $326.3M | $360.6M | $355.2M | $338.3M | $330.6M | $345.5M | $359.9M | $346.1M | $339.0M | $356.4M | $331.3M |
| Cost of revenue | $137.8M | $146.9M | $137.7M | $173.3M | $152.9M | $158.3M | $173.5M | $184.8M | $174.1M | $165.7M | $152.8M | $144.8M |
| Gross profit | $211.1M | $179.4M | $222.8M | $181.9M | $185.4M | $172.3M | $172.0M | $175.0M | $171.9M | $173.3M | $203.5M | $186.5M |
| Sales, general & admin | $63.6M | $58.8M | $49.9M | $47.7M | $47.4M | $47.7M | $45.2M | $45.7M | $45.7M | $51.6M | $55.6M | $43.4M |
| Total operating expenses | $84.3M | $69.4M | $92.2M | $88.1M | $89.1M | $85.7M | $85.2M | $96.9M | $99.4M | $93.2M | $110.5M | $94.0M |
| Operating income | $126.8M | $110.0M | $130.7M | $93.8M | $96.3M | $86.7M | $86.8M | $78.2M | $72.6M | $80.0M | $93.0M | $92.5M |
| Interest income | $327.5M | $322.9M | $332.8M | $334.2M | $322.9M | $319.4M | $330.0M | $339.5M | $332.9M | $332.6M | $333.3M | $323.5M |
| Interest expense | $126.6M | $128.7M | $137.7M | $144.6M | $141.7M | $142.8M | $159.0M | $170.3M | $167.5M | $164.1M | $151.1M | $137.8M |
| Income before taxes | $118.7M | $110.0M | $113.5M | $93.8M | $96.3M | $86.7M | $86.8M | $78.2M | $72.6M | $80.0M | $93.0M | $92.5M |
| Income taxes | $26.5M | $23.1M | $23.0M | $16.1M | $18.8M | $17.2M | $6.6M | $10.6M | $5.8M | $8.6M | $10.5M | $10.1M |
| Net income | $92.2M | $86.9M | $90.5M | $77.7M | $77.5M | $69.5M | $80.2M | $67.5M | $66.8M | $71.4M | $82.5M | $82.4M |
| EBITDA | $126.8M | $114.0M | $134.5M | $97.8M | $100.3M | $90.8M | $90.8M | $82.3M | $76.8M | $84.4M | $97.5M | $97.0M |
| EPS (diluted) | $1.37 | $1.29 | $1.33 | $1.13 | $1.10 | $0.98 | $1.12 | $0.97 | $0.97 | $1.05 | $1.28 | $1.13 |
| Gross margin | 60.5% | 55.0% | 61.8% | 51.2% | 54.8% | 52.1% | 49.8% | 48.6% | 49.7% | 51.1% | 57.1% | 56.3% |
| Operating margin | 36.3% | 33.7% | 36.2% | 26.4% | 28.5% | 26.2% | 25.1% | 21.7% | 21.0% | 23.6% | 26.1% | 27.9% |
| Net margin | 26.4% | 26.6% | 25.1% | 21.9% | 22.9% | 21.0% | 23.2% | 18.8% | 19.3% | 21.1% | 23.2% | 24.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CATY's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CATY financial results
In fiscal year 2025 (ended December 31, 2025), Cathay General Bancorp reported revenue of $1.4 billion, down 0.4% from the year before. It had net income of $315.1 million (up 10.2%), a net profit margin of 22.8%. Diluted earnings per share came to $4.54. Over five years revenue grew at an average rate of 13.2% a year.
See the CATY stock overview for the latest quote and news, or the CATY chart for price history and technical indicators.
CATY income statement FAQ
What is Cathay General Bancorp's annual revenue?
Cathay General Bancorp reported total revenue of $1.4 billion for fiscal year 2025, which ended on December 31, 2025. That was down 0.4% from $1.4 billion the previous year.
Is Cathay General Bancorp profitable?
Yes. Cathay General Bancorp reported net income of $315.1 million in fiscal 2025, a net profit margin of 22.8%; its operating margin was 29.4%.
What is Cathay General Bancorp's gross margin?
Cathay General Bancorp's gross margin was 55.1% in fiscal 2025: for every $100 of revenue, Cathay General Bancorp kept $55 after the direct cost of its products and services.
How fast is Cathay General Bancorp growing?
Revenue grew 13.2% a year on average over the last five fiscal years, from $743.4 million to $1.4 billion.
What are Cathay General Bancorp's earnings per share?
Cathay General Bancorp earned $4.54 per diluted share in fiscal 2025, compared with $4.11 a year earlier.
When will Cathay General Bancorp report its next earnings?
Cathay General Bancorp is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes.
When does Cathay General Bancorp's fiscal year end?
Cathay General Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.