On September 24, 2026, StoneX initiated coverage of Cathay General Bancorp (NASDAQGS: CATY) with a Hold recommendation. The banking firm, headquartered in the U.S., specializes in commercial banking services through its subsidiary, Cathay Bank, and emphasizes digital banking and cross-border services, primarily connecting Asian and North American markets.
As of September 23, 2026, Cathay General Bancorp’s stock closed at $60.47, reflecting a decline of -2.47% over the week. The current consensus target mean for the stock is $67.12, indicating an implied upside of +10.99% from the market price. The company’s last earnings report, dated July 22, 2026, revealed an actual EPS of 1.52, surpassing estimates, alongside quarterly revenue of $221.2 million.
The broader analyst consensus comprises 10 recommendations as of September 1, 2026, including 1 strong buy, 5 holds, 2 sells, and 2 strong sells, unchanged from the previous period in August.
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