Loading...
•
Mar 31, 2023
Cathay General Q1 2023 Earnings Report
Net income of $96.0 million, or $1.32 per share, was reported for the first quarter of 2023.
Key Takeaways
Cathay General Bancorp reported a net income of $96.0 million, or $1.32 per share, for the first quarter ended March 31, 2023. Total deposits increased by $143.6 million, or 3.1% annualized, to $18.6 billion. The net interest margin decreased to 3.74% from 3.87% in the previous quarter.
Net income for the first quarter of 2023 was $96.0 million.
Total deposits increased by $143.6 million, or 3.1% annualized, to $18.6 billion.
Net interest margin decreased to 3.74% from 3.87% in the fourth quarter of 2022.
Diluted earnings per share decreased to $1.32 for the first quarter of 2023 compared to $1.33 for the fourth quarter of 2022.
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...