Cathay General Bancorp (CATY) Competitors

$35.18
+0.74 (+2.15%)
(As of 05/1/2024 ET)

CATY vs. AUB, FIBK, BOH, CVBF, INDB, FBP, SBCF, TOWN, HTH, and UCBI

Should you be buying Cathay General Bancorp stock or one of its competitors? The main competitors of Cathay General Bancorp include Atlantic Union Bankshares (AUB), First Interstate BancSystem (FIBK), Bank of Hawaii (BOH), CVB Financial (CVBF), Independent Bank (INDB), First BanCorp. (FBP), Seacoast Banking Co. of Florida (SBCF), TowneBank (TOWN), Hilltop (HTH), and United Community Banks (UCBI). These companies are all part of the "state commercial banks" industry.

Cathay General Bancorp vs.

Atlantic Union Bankshares (NASDAQ:AUB) and Cathay General Bancorp (NASDAQ:CATY) are both mid-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, community ranking, analyst recommendations, risk, dividends, media sentiment and valuation.

Cathay General Bancorp received 309 more outperform votes than Atlantic Union Bankshares when rated by MarketBeat users. However, 64.29% of users gave Atlantic Union Bankshares an outperform vote while only 58.71% of users gave Cathay General Bancorp an outperform vote.

CompanyUnderperformOutperform
Atlantic Union BanksharesOutperform Votes
18
64.29%
Underperform Votes
10
35.71%
Cathay General BancorpOutperform Votes
327
58.71%
Underperform Votes
230
41.29%

78.6% of Atlantic Union Bankshares shares are held by institutional investors. Comparatively, 75.0% of Cathay General Bancorp shares are held by institutional investors. 1.3% of Atlantic Union Bankshares shares are held by insiders. Comparatively, 4.8% of Cathay General Bancorp shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Atlantic Union Bankshares has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500. Comparatively, Cathay General Bancorp has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.

Cathay General Bancorp has a net margin of 24.41% compared to Cathay General Bancorp's net margin of 19.51%. Atlantic Union Bankshares' return on equity of 13.02% beat Cathay General Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Atlantic Union Bankshares19.51% 9.47% 1.12%
Cathay General Bancorp 24.41%13.02%1.52%

Cathay General Bancorp has higher revenue and earnings than Atlantic Union Bankshares. Cathay General Bancorp is trading at a lower price-to-earnings ratio than Atlantic Union Bankshares, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Atlantic Union Bankshares$705.25M3.47$201.82M$2.7211.95
Cathay General Bancorp$1.31B1.95$354.12M$4.527.76

In the previous week, Cathay General Bancorp had 15 more articles in the media than Atlantic Union Bankshares. MarketBeat recorded 24 mentions for Cathay General Bancorp and 9 mentions for Atlantic Union Bankshares. Atlantic Union Bankshares' average media sentiment score of 0.05 beat Cathay General Bancorp's score of -0.26 indicating that Cathay General Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Atlantic Union Bankshares
1 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cathay General Bancorp
3 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Atlantic Union Bankshares presently has a consensus price target of $38.00, suggesting a potential upside of 16.85%. Cathay General Bancorp has a consensus price target of $39.00, suggesting a potential upside of 12.33%. Given Cathay General Bancorp's stronger consensus rating and higher possible upside, analysts clearly believe Atlantic Union Bankshares is more favorable than Cathay General Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atlantic Union Bankshares
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Cathay General Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Atlantic Union Bankshares pays an annual dividend of $1.28 per share and has a dividend yield of 3.9%. Cathay General Bancorp pays an annual dividend of $1.36 per share and has a dividend yield of 3.9%. Atlantic Union Bankshares pays out 47.1% of its earnings in the form of a dividend. Cathay General Bancorp pays out 30.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Atlantic Union Bankshares has raised its dividend for 13 consecutive years. Atlantic Union Bankshares is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Cathay General Bancorp beats Atlantic Union Bankshares on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CATY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CATY vs. The Competition

MetricCathay General BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$2.55B$2.30B$8.68B$7.44B
Dividend Yield3.91%4.27%10.67%3.95%
P/E Ratio7.7611.4057.7015.99
Price / Sales1.951.903,674.4785.40
Price / Cash5.508.3328.0235.50
Price / Book0.921.012.284.25
Net Income$354.12M$442.78M$1.02B$213.95M
7 Day Performance-1.24%-1.36%-0.64%0.09%
1 Month Performance-4.93%-1.75%-2.20%-5.38%
1 Year Performance11.64%11.57%11.70%5.93%

Cathay General Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AUB
Atlantic Union Bankshares
4.2857 of 5 stars
$32.94
-1.9%
$35.67
+8.3%
+10.9%$2.48B$1.05B12.971,804Analyst Report
FIBK
First Interstate BancSystem
4.7983 of 5 stars
$26.52
+1.6%
$29.00
+9.4%
+4.3%$2.71B$1.03B10.693,585Analyst Report
Short Interest ↑
Analyst Revision
BOH
Bank of Hawaii
3.0313 of 5 stars
$58.20
-0.4%
$53.60
-7.9%
+17.1%$2.31B$986.98M14.021,899Earnings Report
CVBF
CVB Financial
3.1225 of 5 stars
$17.10
+3.8%
$20.00
+17.0%
+9.2%$2.30B$547.32M10.751,107Earnings Report
Analyst Revision
INDB
Independent Bank
3.3172 of 5 stars
$52.22
+2.8%
$60.00
+14.9%
-10.3%$2.22B$722.13M10.081,787Short Interest ↑
FBP
First BanCorp.
2.4472 of 5 stars
$17.16
-0.4%
$17.50
+2.0%
+46.7%$2.91B$1.16B10.093,168Dividend Announcement
Short Interest ↑
SBCF
Seacoast Banking Co. of Florida
3.5131 of 5 stars
$24.01
+3.6%
$25.63
+6.7%
+4.0%$2.04B$567.39M19.361,541Analyst Report
News Coverage
TOWN
TowneBank
4.0952 of 5 stars
$27.82
+1.6%
$29.00
+4.2%
+9.2%$2.02B$941.58M13.442,784Earnings Report
HTH
Hilltop
4.6355 of 5 stars
$30.50
+0.5%
$32.00
+4.9%
-5.7%$1.99B$1.13B17.843,800Short Interest ↑
Positive News
UCBI
United Community Banks
4.8667 of 5 stars
$26.18
+2.5%
$31.00
+18.4%
+1.3%$3.12B$871.95M16.893,121Earnings Report
Analyst Revision

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This page (NASDAQ:CATY) was last updated on 5/1/2024 by MarketBeat.com Staff

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