Investment Analysts’ Weekly Ratings Updates for Cathay General Bancorp (CATY)

Several analysts have recently updated their ratings and price targets for Cathay General Bancorp (NASDAQ: CATY):

• 7/27/2026 – Cathay General Bancorp had its price target raised by Piper Sandler from $49.50 to $53.00. They now have an “underweight” rating on the stock.
• 7/23/2026 – Cathay General Bancorp had its price target raised by DA Davidson from $56.00 to $66.00. They now have a “neutral” rating on the stock.
• 7/23/2026 – Cathay General Bancorp had its price target raised by Stephens from $56.00 to $63.00. They now have an “equal weight” rating on the stock.
• 7/23/2026 – Cathay General Bancorp had its price target raised by Keefe, Bruyette & Woods from $64.00 to $67.00. They now have a “market perform” rating on the stock.
• 7/6/2026 – Cathay General Bancorp had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 6/23/2026 – Cathay General Bancorp was upgraded by Zacks Research from “hold” to “strong-buy”.

Cathay General Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, May 28th. Cathay General Bancorp’s dividend payout ratio is presently 29.69%.

Insider Activity at Cathay General Bancorp

In related news, Director Richard Sun sold 5,000 shares of Cathay General Bancorp stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $63.31, for a total value of $316,550.00. Following the completion of the transaction, the director owned 6,340 shares in the company, valued at $401,385.40. The trade was a 44.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.53% of the stock is owned by company insiders.

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California, trading on NASDAQ under the symbol CATY. Its principal subsidiary, Cathay Bank, provides a full suite of financial services to commercial, institutional and retail clients. As a community-focused institution, the company emphasizes relationship banking and tailored solutions for businesses and individuals.

Founded in 1962 by a group of Chinese American entrepreneurs, Cathay has expanded from a single branch operation in downtown Los Angeles into one of the largest Asian-American banks in the United States.