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Cathay General Bancorp Q3 Net Income Rises 23% Year Over Year to $95.17 Million

PUBT·10/21/2026 20:34:58
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Cathay General Bancorp Q3 Net Income Rises 23% Year Over Year to $95.17 Million
  • Cathay General Bancorp’s third-quarter 2026 net income rose 23% from a year earlier to $95.2 million.
  • Net interest income climbed 6% from the second quarter to a record $211.9 million.
  • Credit-loss provisions more than doubled from the second quarter to $28.6 million, reflecting strong loan growth and updated loss assumptions.
  • Nonperforming assets fell 18% from the second quarter to $119.2 million.
  • The bank redeemed $54.1 million of Trust Preferred Securities during the quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cathay General Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202610211630BIZWIRE_USPR_____20261021_BW941568) on October 21, 2026, and is solely responsible for the information contained therein.