Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Cathay General Bancorp (NASDAQ:CATY)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Cathay General Bancorp (NASDAQ:CATY). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cathay General Bancorp stock on January 15th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

Cathay General Bancorp Price Performance

NASDAQ:CATY traded up $0.29 on Friday, reaching $53.51. 386,316 shares of the company’s stock traded hands, compared to its average volume of 398,701. The company has a quick ratio of 1.04, a current ratio of 1.03 and a debt-to-equity ratio of 0.05. The stock has a 50-day simple moving average of $51.15 and a 200-day simple moving average of $49.14. The firm has a market cap of $3.64 billion, a PE ratio of 11.79 and a beta of 0.87. Cathay General Bancorp has a 12 month low of $36.06 and a 12 month high of $54.99.

Cathay General Bancorp (NASDAQ:CATY) last released its quarterly earnings data on Thursday, January 22nd. The bank reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.13. Cathay General Bancorp had a return on equity of 10.89% and a net margin of 22.76%.The firm had revenue of $222.83 million during the quarter, compared to analyst estimates of $211.76 million. During the same quarter in the prior year, the company posted $1.12 earnings per share. Equities research analysts forecast that Cathay General Bancorp will post 4.47 earnings per share for the current year.

Cathay General Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Thursday, February 26th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, February 26th. This is a boost from Cathay General Bancorp’s previous quarterly dividend of $0.34. Cathay General Bancorp’s dividend payout ratio (DPR) is currently 29.96%.

Insider Activity

In other Cathay General Bancorp news, Chairman Dunson K. Cheng sold 7,590 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $47.81, for a total transaction of $362,877.90. Following the sale, the chairman directly owned 138,360 shares of the company’s stock, valued at $6,614,991.60. The trade was a 5.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Thomas M. Lo sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $50.23, for a total value of $50,230.00. Following the completion of the sale, the executive vice president directly owned 2,000 shares of the company’s stock, valued at $100,460. The trade was a 33.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 4.85% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on CATY. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cathay General Bancorp in a report on Monday, December 29th. Wall Street Zen raised shares of Cathay General Bancorp from a “sell” rating to a “hold” rating in a research note on Sunday, November 16th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $52.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Hantz Financial Services Inc. raised its stake in Cathay General Bancorp by 5,438.5% during the second quarter. Hantz Financial Services Inc. now owns 720 shares of the bank’s stock valued at $33,000 after purchasing an additional 707 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of Cathay General Bancorp by 101.8% in the 3rd quarter. Bessemer Group Inc. now owns 781 shares of the bank’s stock worth $38,000 after buying an additional 394 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in shares of Cathay General Bancorp in the 3rd quarter worth about $43,000. Danske Bank A S purchased a new stake in shares of Cathay General Bancorp during the 3rd quarter valued at about $48,000. Finally, Torren Management LLC bought a new position in shares of Cathay General Bancorp in the 4th quarter valued at about $76,000. 75.01% of the stock is owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Cathay General Bancorp Company Profile

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.