Cathay General Bancorp (CATY) Competitors

$37.91
-0.18 (-0.47%)
(As of 05/17/2024 ET)

CATY vs. FIBK, TCBI, AUB, CVBF, FBP, BOH, UCBI, INDB, ASB, and HTH

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

Cathay General Bancorp vs.

Cathay General Bancorp (NASDAQ:CATY) and First Interstate BancSystem (NASDAQ:FIBK) are both mid-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, institutional ownership, community ranking, valuation, risk, analyst recommendations, media sentiment, earnings and profitability.

In the previous week, Cathay General Bancorp and Cathay General Bancorp both had 7 articles in the media. Cathay General Bancorp's average media sentiment score of 1.06 beat First Interstate BancSystem's score of 0.83 indicating that Cathay General Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cathay General Bancorp
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Interstate BancSystem
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cathay General Bancorp pays an annual dividend of $1.36 per share and has a dividend yield of 3.6%. First Interstate BancSystem pays an annual dividend of $1.88 per share and has a dividend yield of 6.7%. Cathay General Bancorp pays out 30.1% of its earnings in the form of a dividend. First Interstate BancSystem pays out 74.9% 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.

Cathay General Bancorp has a net margin of 24.41% compared to First Interstate BancSystem's net margin of 17.76%. Cathay General Bancorp's return on equity of 13.02% beat First Interstate BancSystem's return on equity.

Company Net Margins Return on Equity Return on Assets
Cathay General Bancorp24.41% 13.02% 1.52%
First Interstate BancSystem 17.76%8.51%0.88%

Cathay General Bancorp has higher earnings, but lower revenue than First Interstate BancSystem. Cathay General Bancorp is trading at a lower price-to-earnings ratio than First Interstate BancSystem, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cathay General Bancorp$778.54M3.55$354.12M$4.528.39
First Interstate BancSystem$1.43B2.04$257.50M$2.5111.11

Cathay General Bancorp received 61 more outperform votes than First Interstate BancSystem when rated by MarketBeat users. Likewise, 58.71% of users gave Cathay General Bancorp an outperform vote while only 51.75% of users gave First Interstate BancSystem an outperform vote.

CompanyUnderperformOutperform
Cathay General BancorpOutperform Votes
327
58.71%
Underperform Votes
230
41.29%
First Interstate BancSystemOutperform Votes
266
51.75%
Underperform Votes
248
48.25%

Cathay General Bancorp currently has a consensus target price of $39.00, suggesting a potential upside of 2.88%. First Interstate BancSystem has a consensus target price of $30.20, suggesting a potential upside of 8.28%. Given First Interstate BancSystem's stronger consensus rating and higher probable upside, analysts clearly believe First Interstate BancSystem is more favorable than Cathay General Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cathay General Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
First Interstate BancSystem
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Cathay General Bancorp has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500. Comparatively, First Interstate BancSystem has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500.

75.0% of Cathay General Bancorp shares are owned by institutional investors. Comparatively, 88.7% of First Interstate BancSystem shares are owned by institutional investors. 4.8% of Cathay General Bancorp shares are owned by insiders. Comparatively, 6.9% of First Interstate BancSystem shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Cathay General Bancorp beats First Interstate BancSystem on 11 of the 19 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$2.76B$2.33B$10.06B$7.99B
Dividend Yield3.57%4.17%5.84%3.91%
P/E Ratio8.3912.0636.6514.25
Price / Sales3.551.99207.9880.89
Price / Cash6.008.7516.6831.98
Price / Book0.991.043.324.64
Net Income$354.12M$403.09M$1.01B$217.28M
7 Day Performance0.66%1.76%1.72%2.90%
1 Month Performance5.31%5.37%4.59%6.66%
1 Year Performance25.28%32.83%19.56%9.89%

Cathay General Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FIBK
First Interstate BancSystem
4.9689 of 5 stars
$27.58
+0.3%
$30.20
+9.5%
+18.4%$2.88B$1.43B10.993,585Analyst Upgrade
News Coverage
TCBI
Texas Capital Bancshares
3.6221 of 5 stars
$62.18
+1.1%
$63.58
+2.2%
+21.9%$2.90B$1.79B18.841,987Positive News
AUB
Atlantic Union Bankshares
4.1919 of 5 stars
$33.81
+1.3%
$38.00
+12.4%
+36.0%$3.04B$1.05B12.431,804Positive News
CVBF
CVB Financial
2.1371 of 5 stars
$17.41
+1.9%
$19.00
+9.1%
+46.2%$2.43B$665.66M11.451,107Positive News
FBP
First BanCorp.
2.9492 of 5 stars
$18.33
+1.7%
$18.00
-1.8%
+56.5%$3.10B$1.16B10.473,168News Coverage
Positive News
BOH
Bank of Hawaii
2.9373 of 5 stars
$60.06
+1.1%
$52.20
-13.1%
+54.3%$2.38B$986.98M15.481,899Positive News
UCBI
United Community Banks
4.7984 of 5 stars
$26.82
+1.1%
$30.60
+14.1%
+17.2%$3.19B$1.31B17.423,121Dividend Announcement
News Coverage
Positive News
INDB
Independent Bank
4.213 of 5 stars
$52.65
+1.3%
$60.00
+14.0%
+8.5%$2.24B$920.34M10.161,787Short Interest ↑
Positive News
ASB
Associated Banc
4.4018 of 5 stars
$22.37
+1.0%
$23.13
+3.4%
+43.0%$3.37B$2.22B22.604,100Analyst Revision
HTH
Hilltop
4.4385 of 5 stars
$31.93
+1.7%
$32.00
+0.2%
+0.6%$2.08B$1.57B18.673,800Short Interest ↑

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This page (NASDAQ:CATY) was last updated on 5/19/2024 by MarketBeat.com Staff

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