(RTTNews) - Cathay General Bancorp (CATY) on Wednesday reported second-quarter 2026 results, with profit increasing from the year-ago period, supported by higher net interest income and non-interest income.
Net interest income before provision for credit losses increased to $200.9 million in the quarter ended June 30, 2026, from $181.2 million a year earlier. Net income rose to $92.2 million, or $1.37 per share, compared with $77.5 million, or $1.10 per share, in the prior-year quarter.
Non-interest expense rose to $92.3 million from $89.1 million, while provision for credit losses was $11.2 million, compared with $11.2 million in the year-ago quarter.
CATY is closed trading on Wednesday at $61.36, down $0.70 or 1.13 percent on the Nasdaq.
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