Cathay General Bancorp Net Assets
Cathay General Bancorp net assets. Based on the latest financial reports, Cathay General Bancorp (CATY) has net assets worth $2.93 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.23 Billion) and total liabilities ($21.30 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore CATY net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.93 Billion |
| % of Total Assets | 12.07% |
| Annual Growth Rate | 11.76% |
| 5-Year Change | 19.59% |
| 10-Year Change | 59.98% |
| Growth Volatility | 19.39 |
Net Assets of Cathay General Bancorp (1990–2025)
Net assets of Cathay General Bancorp from 1990 to 2025. This chart illustrates how Cathay General Bancorp's net assets have evolved over time, based on quarterly financial data. See Cathay General Bancorp balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Cathay General Bancorp (1990–2025)
The table below shows the annual net assets of Cathay General Bancorp from 1990 to 2025. For live market cap and overall valuation, see how much is Cathay General Bancorp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.93 Billion | +2.80% |
| 2024-12-31 | $2.85 Billion | +3.99% |
| 2023-12-31 | $2.74 Billion | +10.61% |
| 2022-12-31 | $2.47 Billion | +1.14% |
| 2021-12-31 | $2.45 Billion | +1.16% |
| 2020-12-31 | $2.42 Billion | +5.40% |
| 2019-12-31 | $2.29 Billion | +8.11% |
| 2018-12-31 | $2.12 Billion | +7.87% |
| 2017-12-31 | $1.97 Billion | +7.59% |
| 2016-12-31 | $1.83 Billion | +4.62% |
| 2015-12-31 | $1.75 Billion | +9.04% |
| 2014-12-31 | $1.60 Billion | +9.83% |
| 2013-12-31 | $1.46 Billion | -10.44% |
| 2012-12-31 | $1.63 Billion | +7.51% |
| 2011-12-31 | $1.52 Billion | +5.54% |
| 2010-12-31 | $1.44 Billion | +9.40% |
| 2009-12-31 | $1.31 Billion | +0.87% |
| 2008-12-31 | $1.30 Billion | +32.74% |
| 2007-12-31 | $980.42 Million | +3.03% |
| 2006-12-31 | $951.57 Million | +21.67% |
| 2005-12-31 | $782.12 Million | +7.94% |
| 2004-12-31 | $724.61 Million | +16.18% |
| 2003-12-31 | $623.71 Million | +116.59% |
| 2002-12-31 | $287.96 Million | +17.05% |
| 2001-12-31 | $246.01 Million | +14.54% |
| 2000-12-31 | $214.79 Million | +19.93% |
| 1999-12-31 | $179.10 Million | +14.29% |
| 1998-12-31 | $156.70 Million | +15.31% |
| 1997-12-31 | $135.90 Million | +14.78% |
| 1996-12-31 | $118.40 Million | +25.29% |
| 1995-12-31 | $94.50 Million | +10.79% |
| 1994-12-31 | $85.30 Million | +5.96% |
| 1993-12-31 | $80.50 Million | +6.34% |
| 1992-12-31 | $75.70 Million | +11.16% |
| 1991-12-31 | $68.10 Million | +13.88% |
| 1990-12-31 | $59.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cathay General Bancorp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Cathay General Bancorp Net Assets Breakdown (December 2025)
Cathay General Bancorp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.93 Billion | 100.00% |
| Total Equity | $2.93 Billion | 100.00% |
Cathay General Bancorp Competitors by Market Cap
The table below lists competitors of Cathay General Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WPP PLC ADR
F:0WPA
|
$3.69 Billion |
|
Dottikon Es Holding AG
SW:DESN
|
$3.69 Billion |
|
Signet Jewelers Ltd
NYSE:SIG
|
$3.69 Billion |
|
Worley Ltd
AU:WOR
|
$3.69 Billion |
|
Mueller Water Products
NYSE:MWA
|
$3.69 Billion |
|
Wuxi Taiji Industry Co Ltd
SHG:600667
|
$3.69 Billion |
|
LIFE360 Inc
AU:360
|
$3.69 Billion |
|
Nuvama Wealth
NSE:NUVAMA
|
$3.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cathay General Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,845,704,000 to 2,925,388,000, a change of 79,684,000 (2.8%).
- Net income of 315,124,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 85,607,000.
- Other factors decreased equity by 321,047,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $315.12 Million | +10.77% |
| Other Comprehensive Income | $85.61 Million | +2.93% |
| Other Changes | $-321.05 Million | -10.97% |
| Total Change | $- | 2.80% |
Book Value vs Market Value Analysis
This analysis compares Cathay General Bancorp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 31.44x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $2.07 | $64.93 | x |
| 1991-12-31 | $2.28 | $64.93 | x |
| 1992-12-31 | $2.49 | $64.93 | x |
| 1993-12-31 | $2.63 | $64.93 | x |
| 1994-12-31 | $2.76 | $64.93 | x |
| 1995-12-31 | $3.03 | $64.93 | x |
| 1996-12-31 | $3.69 | $64.93 | x |
| 1997-12-31 | $3.82 | $64.93 | x |
| 1998-12-31 | $4.37 | $64.93 | x |
| 1999-12-31 | $4.97 | $64.93 | x |
| 2000-12-31 | $5.92 | $64.93 | x |
| 2001-12-31 | $6.77 | $64.93 | x |
| 2002-12-31 | $7.95 | $64.93 | x |
| 2003-12-31 | $15.86 | $64.93 | x |
| 2004-12-31 | $14.18 | $64.93 | x |
| 2005-12-31 | $15.22 | $64.93 | x |
| 2006-12-31 | $18.20 | $64.93 | x |
| 2007-12-31 | $19.07 | $64.93 | x |
| 2008-12-31 | $26.10 | $64.93 | x |
| 2009-12-31 | $24.78 | $64.93 | x |
| 2010-12-31 | $18.52 | $64.93 | x |
| 2011-12-31 | $19.17 | $64.93 | x |
| 2012-12-31 | $20.59 | $64.93 | x |
| 2013-12-31 | $18.44 | $64.93 | x |
| 2014-12-31 | $20.01 | $64.93 | x |
| 2015-12-31 | $21.50 | $64.93 | x |
| 2016-12-31 | $22.88 | $64.93 | x |
| 2017-12-31 | $24.29 | $64.93 | x |
| 2018-12-31 | $26.00 | $64.93 | x |
| 2019-12-31 | $28.59 | $64.93 | x |
| 2020-12-31 | $30.31 | $64.93 | x |
| 2021-12-31 | $31.13 | $64.93 | x |
| 2022-12-31 | $33.14 | $64.93 | x |
| 2023-12-31 | $37.56 | $64.93 | x |
| 2024-12-31 | $39.34 | $64.93 | x |
| 2025-12-31 | $43.03 | $64.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cathay General Bancorp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.76%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 8.28x
- Recent ROE (10.77%) is below the historical average (11.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 16.22% | 14.83% | 0.10x | 11.04x | $3.72 Million |
| 1991 | 14.68% | 14.68% | 0.09x | 11.01x | $3.19 Million |
| 1992 | 13.34% | 15.63% | 0.08x | 11.00x | $2.53 Million |
| 1993 | 9.69% | 12.66% | 0.07x | 10.90x | $-250.00K |
| 1994 | 11.14% | 14.09% | 0.07x | 11.03x | $970.00K |
| 1995 | 11.22% | 12.86% | 0.08x | 11.51x | $1.15 Million |
| 1996 | 11.23% | 14.46% | 0.06x | 12.71x | $1.46 Million |
| 1997 | 14.79% | 16.92% | 0.07x | 11.94x | $6.51 Million |
| 1998 | 15.70% | 18.72% | 0.07x | 11.37x | $8.93 Million |
| 1999 | 16.92% | 21.35% | 0.07x | 11.14x | $12.39 Million |
| 2000 | 17.97% | 21.76% | 0.08x | 10.27x | $17.11 Million |
| 2001 | 17.32% | 24.48% | 0.07x | 9.97x | $18.02 Million |
| 2002 | 16.91% | 30.39% | 0.06x | 9.56x | $19.90 Million |
| 2003 | 8.97% | 29.21% | 0.03x | 8.95x | $-6.36 Million |
| 2004 | 12.12% | 29.81% | 0.05x | 8.52x | $15.21 Million |
| 2005 | 13.46% | 27.90% | 0.06x | 8.27x | $26.73 Million |
| 2006 | 12.47% | 22.92% | 0.06x | 8.51x | $23.26 Million |
| 2007 | 12.91% | 19.52% | 0.06x | 10.70x | $28.28 Million |
| 2008 | 3.91% | 8.30% | 0.05x | 8.96x | $-78.77 Million |
| 2009 | -5.17% | -11.10% | 0.05x | 8.89x | $-197.81 Million |
| 2010 | 0.81% | 2.22% | 0.05x | 7.57x | $-131.20 Million |
| 2011 | 6.64% | 19.85% | 0.05x | 7.06x | $-50.57 Million |
| 2012 | 7.24% | 24.66% | 0.04x | 6.60x | $-44.67 Million |
| 2013 | 8.44% | 26.35% | 0.04x | 7.53x | $-22.80 Million |
| 2014 | 8.60% | 30.02% | 0.04x | 7.18x | $-22.46 Million |
| 2015 | 9.22% | 33.12% | 0.04x | 7.58x | $-13.67 Million |
| 2016 | 9.58% | 32.89% | 0.04x | 7.94x | $-7.75 Million |
| 2017 | 8.95% | 29.01% | 0.04x | 7.95x | $-20.69 Million |
| 2018 | 12.81% | 37.80% | 0.04x | 7.91x | $59.67 Million |
| 2019 | 12.17% | 34.29% | 0.04x | 7.89x | $49.71 Million |
| 2020 | 9.46% | 30.79% | 0.04x | 7.88x | $-12.95 Million |
| 2021 | 12.19% | 41.37% | 0.03x | 8.54x | $53.68 Million |
| 2022 | 14.58% | 39.71% | 0.04x | 8.87x | $113.24 Million |
| 2023 | 12.94% | 27.02% | 0.06x | 8.43x | $80.47 Million |
| 2024 | 10.05% | 20.56% | 0.06x | 8.10x | $1.41 Million |
| 2025 | 10.77% | 22.76% | 0.06x | 8.28x | $22.59 Million |
Industry Comparison
This section compares Cathay General Bancorp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $308,911,800
- Average return on equity (ROE) among peers: 0.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cathay General Bancorp (CATY) | $2.93 Billion | 16.22% | 7.28x | $3.69 Billion |
| Ameris Bancorp (ABCB) | $71.80 Million | 9.61% | 9.10x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $30.50 Million | 10.16% | 8.60x | $5.57 Billion |
| ACNB Corporation (ACNB) | $62.69 Million | 13.30% | 9.05x | $645.30 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $140.18 Million |
| Alerus Financial Corp (ALRS) | $196.95 Million | 13.13% | 10.06x | $829.34 Million |
| Amalgamated Bank (AMAL) | $794.46 Million | 13.15% | 10.16x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $34.90 Million | -95.70% | 21.06x | $715.76 Million |
| Associated Banc-Corp (ASB) | $803.60 Million | 13.32% | 11.60x | $5.84 Billion |
| AmeriServ Financial Inc (ASRV) | $116.60 Million | 10.72% | 9.65x | $77.09 Million |
About Cathay General Bancorp
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. It offers savings accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits, and acceptance … Read more