LOS ANGELES (AP) — LOS ANGELES (AP) — Cathay General Bancorp (CATY) on Monday reported first-quarter earnings of $69.5 million.
The Los Angeles-based bank said it had earnings of 98 cents per share.
The holding company for Cathay Bank posted revenue of $330.6 million in the period. Its revenue net of interest expense was $187.8 million, topping Street forecasts.
Cathay shares have decreased 19% since the beginning of the year. In the final minutes of trading on Monday, shares hit $38.60, a rise of 11% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATY at https://www.zacks.com/ap/CATY
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。