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

Shares of CATY stock traded up $0.29 during trading hours on Friday, hitting $53.51. The stock had a trading volume of 386,316 shares, compared to its average volume of 398,701. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.03 and a quick ratio of 1.04. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 11.79 and a beta of 0.87. Cathay General Bancorp has a one year low of $36.06 and a one year high of $54.99. The stock’s 50-day moving average price is $51.15 and its two-hundred day moving average price is $49.11.

Cathay General Bancorp (NASDAQ:CATY) last posted its earnings results on Thursday, January 22nd. The bank reported $1.33 EPS for the quarter, beating 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 the consensus estimate of $211.76 million. During the same period in the prior year, the company earned $1.12 EPS. Equities analysts forecast that Cathay General Bancorp will post 4.47 EPS for the current year.

Cathay General Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Thursday, February 26th will be issued a dividend of $0.38 per share. This is a boost from Cathay General Bancorp’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $1.52 annualized dividend and a dividend yield of 2.8%. Cathay General Bancorp’s payout ratio is currently 33.48%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CATY. Weiss Ratings restated 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 research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $52.50.

Insiders Place Their Bets

In related news, EVP Thomas M. Lo sold 1,000 shares of the 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 transaction, the executive vice president directly owned 2,000 shares of the company’s stock, valued at $100,460. This trade represents a 33.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Dunson K. Cheng sold 7,590 shares of the firm’s stock in a transaction 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 completion of the transaction, the chairman directly owned 138,360 shares of the company’s stock, valued at approximately $6,614,991.60. This represents a 5.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.85% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cathay General Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. ProShare Advisors LLC boosted its position in Cathay General Bancorp by 1.5% during the fourth quarter. ProShare Advisors LLC now owns 12,925 shares of the bank’s stock valued at $625,000 after purchasing an additional 196 shares in the last quarter. GAMMA Investing LLC lifted its position in Cathay General Bancorp by 9.0% during the third quarter. GAMMA Investing LLC now owns 2,641 shares of the bank’s stock valued at $127,000 after acquiring an additional 218 shares during the last quarter. Atria Investments Inc boosted its stake in Cathay General Bancorp by 4.9% in the second quarter. Atria Investments Inc now owns 4,965 shares of the bank’s stock valued at $226,000 after acquiring an additional 231 shares in the last quarter. Access Investment Management LLC grew its holdings in Cathay General Bancorp by 1.2% in the third quarter. Access Investment Management LLC now owns 21,145 shares of the bank’s stock worth $1,015,000 after purchasing an additional 255 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its position in shares of Cathay General Bancorp by 36.0% during the third quarter. Hantz Financial Services Inc. now owns 979 shares of the bank’s stock worth $47,000 after purchasing an additional 259 shares in the last quarter. Institutional investors own 75.01% of the company’s stock.

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.

About Cathay General Bancorp

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.