Seven firms set USD 62.25 target for Cathay General Bancorp stock
Published on 10/20/2026 at 21:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and earnings
- Seven firms set a USD 62.25 average 12-month target on October 15, 2026.
- Second-quarter earnings reached USD 1.37 per share against USD 1.35 consensus.
- Cathay General Bancorp stock costs EUR 53.75 at Lang & Schwarz on October 20, 2026 at 9:18 p.m. CEST.
Seven firms set a USD 62.25 average 12-month price target for Cathay General Bancorp on October 15, 2026, according to MarketBeat. The consensus rating was Hold, with five Hold ratings, one Buy and one Sell. Cathay General Bancorp (ISIN US1491501045) was trading at EUR 53.75 at Lang & Schwarz on October 20, 2026 at 9:18 p.m. CEST.
Earnings provide the operating benchmark
MarketBeat reported that second-quarter earnings per share reached USD 1.37, above the USD 1.35 consensus estimate. Revenue for the quarter was USD 221.20 million, up 13.10 percent from the prior year, while the prior-year earnings figure was USD 1.10 per share.
The result gives investors a concrete benchmark before the next reporting date. Cathay General Bancorp generated USD 167.76 million in net income attributable to common shareholders in the second quarter of 2026, while operating cash flow reached USD 237.18 million in the same period.
What does the target imply?
The USD 62.25 consensus target stands 2.75 percent above the USD 60.58 Nasdaq price at 3:24 p.m. ET on October 20, 2026. The Nasdaq quote was up 1.53 percent from its prior close of USD 59.67. The target therefore points to a modest gap rather than a wide valuation reset.
Price position and next date
MarketBeat placed the one-year range at USD 44.57 to USD 65.25 on October 15, 2026. The Nasdaq price was 7.16 percent below that high and 35.92 percent above the low. Market capitalization stood at USD 4.04 billion on October 20, 2026, with a trailing P/E ratio of 11.84.
MarketBeat reported that Cathay General Bancorp is scheduled to release third-quarter 2026 results after the market close on October 21, 2026. The cited consensus calls for USD 1.45 earnings per share and USD 227.45 million in revenue.
Regional bank comparison
East West Bancorp was trading at USD 128.32 on October 20, 2026, up 2.25 percent, with a P/E ratio of 12.32 and market capitalization of USD 17.6 billion. Cathay General Bancorp was valued at USD 4.04 billion, with a P/E ratio of 11.84.
Stock remains below its yearly high
The market picture combines a Hold consensus with second-quarter earnings above expectations and a scheduled report within one trading session. Cathay General Bancorp's 2026 second-quarter net income and operating cash flow provide the main operating reference points for the next update.
The further course of trading is shown by the continuously updated real-time quote of Cathay General Bancorp stock.
Cathay General Bancorp at a glance
- Company: Cathay General Bancorp
- ISIN: US1491501045
- Ticker: CATY
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 9:18 p.m. CEST): EUR 53.75
- Market capitalization: USD 4.0 billion (as of October 20, 2026)
- 52-week range: USD 44.57-65.25 (as of October 15, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Next earnings date: October 21, 2026
Market context: Market report S&P 500.
