Company description

Cathay General Bancorp (CATY) is a financial holding company that was founded in 1990 and is headquartered in Los Angeles, California. The company operates through its subsidiary, Cathay Bank, which provides a range of financial services to its customers. Cathay Bank has over 60 branches in California, Illinois, New Jersey, New York, Texas, Washington, and Hong Kong, and offers services such as commercial mortgages, lines of credit, SBA loans, and credit cards to individuals, businesses, and international clients. The bank is known for its strong financial performance and commitment to providing excellent customer service. In addition to its banking operations, Cathay General Bancorp also offers wealth management services through its subsidiary, Cathay Wealth Management. The company has a diverse and experienced team of executives and an independent board of directors that strive to maintain the highest standards of corporate governance. As a whole, Cathay General Bancorp (CATY) has built a solid reputation as a trusted financial institution and continues to grow and expand its reach in the banking industry.