Dunson Cheng - Cathay General Chairman
| CATY Stock | USD 34.66 0.12 0.35% |
Chairman
Mr. Dunson K. Cheng, Ph.D., is Executive Chairman of the Board of the Company and the Bank. He was the Executive Chairman of the Board of Bancorp and Cathay Bank since October 1, 2016. He was the Chairman of the Board, President, and Chief Executive Officer of Bancorp and Chairman of the Board and Chief Executive Officer of Cathay Bank from 1994 to September 2016, and the President of Cathay Bank from 1985 to March 2015. Mr. Cheng has over 30 years of banking experience. He also serves on the boards of DiCon Fiberoptics, Inc. and Tsinghua Education Foundation Inc. He formerly served on the board of directors of the California Bankers Association. Mr. Cheng received a Ph.D. in Physics. He was a Director of Cathay Bank since 1982 and of Bancorp since it was formed as a holding company in 1990 since 2016.
| Age | 79 |
| Tenure | 8 years |
| Address | 777 North Broadway, Los Angeles, CA, United States, 90012 |
| Phone | 213 625 4700 |
| Web | https://www.cathaygeneralbancorp.com |
Cathay General Management Efficiency
The company has return on total asset (ROA) of 0.0157 % which means that it generated a profit of $0.0157 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1359 %, meaning that it created $0.1359 on every $100 dollars invested by stockholders. Cathay General's management efficiency ratios could be used to measure how well Cathay General manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to drop to 0 in 2024. At this time, Cathay General's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 23.2 B in 2024, whereas Other Assets are likely to drop 0.95 in 2024.Similar Executives
| Found 5 records | CHAIRMAN Age | ||
| Gary Winger | Lake Shore Bancorp | 73 | |
| Michael Maraist | Home Bancorp | 70 | |
| Brian Vance | Heritage Financial | 70 | |
| Brian Charneski | Heritage Financial | 56 | |
| Anthony Pickering | Heritage Financial | 70 | |
Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0157 |
Cathay General Bancorp Leadership Team
Elected by the shareholders, the Cathay General's board of directors comprises two types of representatives: Cathay General inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cathay. The board's role is to monitor Cathay General's management team and ensure that shareholders' interests are well served. Cathay General's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cathay General's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chang Liu, COO of the Bank | ||
| Anthony Tang, Executive Vice Chairman and Executive Vice Chairman of Cathay Bank | ||
| Richard Sun, Independent Director of the Company and the Bank | ||
| Monica Chen, IR Contact Officer | ||
| Nelson Chung, Independent Director | ||
| Patrick Lee, Lead Independent Director | ||
| Mark Lee, Chief Credit Officer of Cathay Bank | ||
| Donald Chow, Chief Credit Officer of Cathay Bank and Executive VP of Cathay Bank | ||
| Jane Jelenko, Independent Director | ||
| Heng Chen, CFO, Principal Accounting Officer, Executive VP, Treasurer, CFO of Cathay Real Estate Investment Trust, CFO of Cathay Bank, Executive VP of Cathay Bank and VP of Cathay Real Estate Investment | ||
| Thomas Lo, Executive Officer | ||
| Felix Fernandez, Independent Director | ||
| Irwin Wong, COO of Cathay Bank and Sr. Executive VP of Cathay Bank | ||
| Peter Wu, Executive Vice Chairman of the Board | ||
| Dunson Cheng, Chairman, CEO and President Chairman of Investment Committee, Member of Risk Committee, Chairman of Cathay Bank, CEO of Cathay Bank and President of Cathay Bank and President of Cathay Real Estate Investment Trust and Trustee of Cathay Real Estate Investment Trust | ||
| Thomas Chiu, Director | ||
| Ting Liu, Independent Director | ||
| Kim Bingham, Executive Vice President Chief Risk Officer of the Bank | ||
| Pin Tai, President of Cathay Bank and Director of Cathay Bank | ||
| Joseph Poon, Independent Director | ||
| Kelly Chan, Independent Director | ||
| Michael Chang, Independent Director | ||
| May Chan, General VP | ||
| Georgia Lo, Assistant Relations | ||
| Weston Barkwill, Chief Auditor |
Cathay Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cathay General a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0157 | ||||
| Profit Margin | 0.45 % | ||||
| Operating Margin | 0.66 % | ||||
| Current Valuation | 2.41 B | ||||
| Shares Outstanding | 72.69 M | ||||
| Shares Owned By Insiders | 5.68 % | ||||
| Shares Owned By Institutions | 76.90 % | ||||
| Number Of Shares Shorted | 1.91 M | ||||
| Price To Earning | 14.38 X |
Pair Trading with Cathay General
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cathay General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cathay General will appreciate offsetting losses from the drop in the long position's value.Moving together with Cathay Stock
| 0.68 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.81 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Cathay Stock
| 0.84 | TECTP | Tectonic Financial | PairCorr |
| 0.75 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.72 | CFG-PD | Citizens Financial | PairCorr |
| 0.52 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.47 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Cathay General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cathay General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cathay General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cathay General Bancorp to buy it.
The correlation of Cathay General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cathay General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cathay General Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cathay General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Cathay Stock analysis
When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.
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Is Cathay General's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cathay General. If investors know Cathay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cathay General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 1.36 | Earnings Share 4.86 | Revenue Per Share 10.804 | Quarterly Revenue Growth (0.04) |
The market value of Cathay General Bancorp is measured differently than its book value, which is the value of Cathay that is recorded on the company's balance sheet. Investors also form their own opinion of Cathay General's value that differs from its market value or its book value, called intrinsic value, which is Cathay General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cathay General's market value can be influenced by many factors that don't directly affect Cathay General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cathay General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.