Filing Flows › Cathay General Bancorp (CATY) › Q4 2025
Cathay General Bancorp (CATY) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Cathay General Bancorp (CATY) reported revenue of $223M for the fourth quarter 2025 (Q4 2025), +19% from a year earlier and +6% from the quarter before. Operating margin was 50.9%, net earnings $90.5M (40.6% of revenue).
Cathay General Bancorp, Q4 2025: revenue $223M (+20% year over year), operating margin 50.9%, net earnings $90.5M, operating cash flow $55.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $223M | +6% | +19% |
| Operating profit | $113M | +21% | +31% |
| Net earnings | $90.5M | +17% | +13% |
| Operating cash flow | $55.1M | -63% | -37% |
| Free cash flow | $54.6M | -64% | -36% |
What changed
Revenue was $222.8M in Q4 2025, up 19% year over year and up 6% from the previous quarter.
Operating profit was $113.5M, a 50.9% margin (up 4.4 points year over year). Of the extra revenue versus a year earlier, 73% reached operating profit, above the 47% margin then. Total costs grew 10% against revenue growth of 19%. The fastest-growing cost line was Credit loss provision (+20%). Net earnings were $90.5M, up 13% year over year. The effective tax rate was 20.2%.
Operating cash flow was $55.1M (down 37% year over year), 61% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $38.8M. Capital expenditures of $456K left free cash flow of $54.6M.
Questions
What was Cathay General Bancorp's revenue in the fourth quarter 2025?
Cathay General Bancorp (CATY) reported revenue of $223M for the fourth quarter 2025 (Q4 2025), +19% from a year earlier and +6% from the quarter before.
Was Cathay General Bancorp profitable in the fourth quarter 2025?
Operating profit was $113M (50.9% of revenue) and net earnings $90.5M.