Cathay General Bancorp · NASDAQ:CATY
Cathay General Bancorp — Q3 2026 Earnings Presentation
27 slides from Cathay General Bancorp's earnings presentation, Oct 21, 2026
Slide 1: Financial Earnings Results Third Quarter 2026
Financial Earnings Results Third Quarter 2026 October 21, 2026
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements about Cathay General Bancorp and its subsidiaries (collectively referred to herein as the “Company,” “we,” “us,” or “our”) within the meaning of the applicable provisions of the Private Securities Litigation Reform Act
Slide 3: Broad, Strategically Positioned Footprint
$25.6bn $3.9bn Total Assets Market Cap Broad, Strategically Positioned Footprint with 60+ locations across key multicultural and commercial markets 1.51% 13.51% WA ROAA CET 1 NY MA CATY Los Angeles Ticker Headquarters NJ NV IL MD CA Headquarters TX ▪ Oldest Operating Chinese American-Founded Bank Br
Slide 4: Financial Performance 3Q 2026
Financial Performance 3Q 2026 Quarterly Highlights Net Income Net Income ($mn) Diluted EPS Operating Performance and Growth $2.50 $92.2 $95.2 ▪ Record net interest income of $211.9 million, up $11.0 million, or 5.5%, QoQ $90.5 10000.00% $86.9 $2.00 $77.7 ▪ Reported net income of $95.2 million and EP
Slide 5: Summary Balance Sheets (Unaudited)
Summary Balance Sheets (Unaudited) % Change % Change $mn, except per share data 9.30.26 6.30.26 QoQ 9.30.25 YoY Highlights Cash equivalents & ST investments $ 1,708 $ 1,327 29% $ 1,308 31% ▪ Cash equivalents and short-term investments increased 29% QoQ, reflecting AFS debt securities 1,589 1,683 (6)
Slide 6: Loan and Deposit Composition
Loan and Deposit Composition Total Loan Portfolio ($bn) Average Loan Growth – QoQ Annualized % ($bn) Highlights EOP as of 9.30.26 Total CRE Residential Mortgage* C&I Construction ▪ Average Loans of $20.50 billion, up Construction 5.9% annualized growth 1% $20.1 $20.2 +1% $20.2 +6% $20.5 $19.7 +9% 20
Slide 7: Cash and AFS Securities
Cash and AFS Securities Total Securities Portfolio Net Unrealized Loss on AFS Securities and Cash ($mn) in AOCI ($mn) Highlights as of 9.30.26 3Q25 4Q25 1Q26 2Q26 3Q26 ▪ Stable cash and securities portfolio supporting ample liquidity 0.000000 19.00% 18.90% 18.80% 18.70% -10.000000 profile. Together
Slide 8: Summary Income Statements (Unaudited)
Summary Income Statements (Unaudited) % Change % Change $mn, except per share data 9.30.26 6.30.26 QoQ 9.30.25 YoY Highlights Net interest income before provision for credit losses $ 211.9 $ 200.9 5% $ 189.6 12% ▪ Net income increased 3.3% QoQ to $95.2 million, driven primarily by Provision for cred
Slide 9: Yield and Funding Costs
Yield and Funding Costs Net Interest Income and Net Interest Margin Average Loan Yield vs Prime Rate and 1M SOFR Highlights Avg. Loan Yield Avg. Prime Rate NII ($mn) NIM Avg. Fed Funds Rate Avg. 1M SOFR Rate ▪ Net interest income increased $11.0 million QoQ due to loan growth, day $212 count, and ne
Slide 10: Non-Interest Income
Non-Interest Income Non-Interest Income ($mn) Highlights 60 $42.8 ▪ Non-interest income increased 36.1 $21.4 million QoQ to $42.8 million, 38 $27.8 40 $21.0 $20.7 $21.4 28 20 driven by a $24.4 million increase $17.8 $18.1 $19.1 $20.3 $18.8 in unrealized gains on equity 18 17.3 - securities and a $3.
Slide 11: Operating Expense & Efficiency
Operating Expense & Efficiency Noninterest Expense ($mn) Noninterest Expense ($mn) & Efficiency Ratio Highlights ▪ Noninterest expense increased 120 120 70.0% $11.1 million, or 12.0% QoQ, to $103.4 $103.4 $103.4 million, primarily reflecting $2.9 60.0% 100 100 an $8.0 million contribution to the $92
Slide 12: Asset Quality Metrics
Asset Quality Metrics ALLL Composition ($mn) Reserves and Net Charge Offs (%) Highlights CRE C&I Residential Mortgage Construction Total ALLL ALLL / Gross Loans NCOs/Avg Loans (annualized) Reserve ▪ The allowance for loan losses Rate increased $5.3 million QoQ to $224.2 1.03% 1.06% 1.06% million, wi
Slide 13: Strong Capital Ratios
Strong Capital Ratios Key Capital Ratios (%) Highlights ▪ Capital ratios remained well above regulatory 15.00% minimums, with CET1 of 13.51% and total risk- 16.00% based capital of 15.00%—651 bps and 450 bps, 14.00% 13.51% 13.51% respectively, above applicable minimums including the capital conserva
Slide 14: Management Guidance Full Year 2026
Management Guidance Full Year 2026 Full Year Prior Full Year 2026 Guidance Outlook 2025 Actual Loans, ▪ Estimated growth rate 5.0% to 6.0%. ▪ Estimated growth rate 3.5% to $20.2 billion end of period 4.5%. +4.0% YoY Deposits ▪ Estimated growth rate 4.0% to 5.0%. ▪ Estimated growth rate 3% to 4%. $20
Slide 15: Appendix
Appendix is
Slide 16: Loan and Deposit Yields
Loan and Deposit Yields Average Loan Yield by Type (bps) Loan Portfolio By Index Rate 3Q25 4Q25 1Q26 2Q26 3Q26 as of 9.30.26 Other 35% fixed rate 1000 950 6% fixed rate 34% fixed rate 8% 94% float rate 31% float rate 900 30% float rate Prime 34% hybrid Fixed Rate 36% hybrid 11% 850 28% 800 750 692 6
Slide 17: Commercial Real Estate Portfolio
Commercial Real Estate Portfolio CRE Portfolio Breakdown CRE Geographic Distribution Residential 17% CRE NY 35% Construction $10.8bn 1% 51% of total loans $10.8bn Residential CRE Mortgage* Retail 13% 29% CA $21.2bn 46% TX 6% CRE 51% Other IL 3% Total Loans 6% NV 2% Office 7% HK 2% C&I 19% Warehouse
Slide 18: Commercial Real Estate Portfolio (cont’d)
Commercial Real Estate Portfolio (cont’d) CRE LTV Distribution CRE LTV and Size by Property Type CRE Loan Avg. CRE Portfolio Loan Size Weighted ($mn) ($mn) Avg. LTV 40% to 50% Residential $3,589 $1.4 54% 23% Retail $2,729 $2.1 48% Office $1,376 $2.4 47% 50% to 60% Warehouse $1,515 $3.0 46% $10.8bn 3
Slide 19: Selected CRE and Construction Loan Portfolios
Selected CRE and Construction Loan Portfolios Residential CRE Portfolio Retail CRE Portfolio Construction Portfolio % based on $3.6bn loans outstanding % based on $2.7bn loans outstanding % based on $0.3bn loans outstanding 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95
Slide 20: CRE Office Portfolio
CRE Office Portfolio Office CRE Portfolio Office CRE Distribution % based on $1.4bn loans outstanding Office CRE Loan Total CRE 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Portfolio Weighted Avg. LTV Office 30% Property Type ($mn) ($mn) Condominium Office Condominium $408 47% 29% Office Building $39
Slide 21: Residential Mortgage Portfolio
Residential Mortgage Portfolio Resi. Mortgage Geographic Distribution Single-Family Resi. LTV Distribution NY >50% to 55% 50% or Under 39% 10% 39% 53% $6.1bn > 55% to 60% LTV Weighted 14% Average Residential Mortgage* $425,000 Outstanding Size CA Average 47% WA 5% Over 60% NJ 2% 37% TX 2% Other 5% *
Slide 22: Use of Non-GAAP Financial Information
Use of Non-GAAP Financial Information Consolidated financial information has been presented in accordance with GAAP as well as on a non-GAAP basis to supplement our consolidated financial results. Our non-GAAP financial measures include tangible book value (“TBV”), tangible book value per share (“TB
Slide 23: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation Selected Consolidated Financial Information (unaudited) As of (in thousands except per share data) (Unaudited) September 30, 2026 June 30, 2026 September 30, 2025 Stockholders' equity (a) $ 3,056,745 $ 3,046,614 $ 2,902,276 Less: Goodwill (375,696) (375,696)
Slide 24: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation Selected Consolidated Financial Information (unaudited) As of (in thousands except per share data) (Unaudited) September 30, 2026 September 30, 2025 (Unaudited) Stockholders' equity (a) $ 3,056,745 $ 2,902,276 Less: Goodwill (375,696) (375,696) Other intangi
Slide 25: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation Selected Consolidated Financial Information (unaudited) Three Months Ended Nine Months Ended (in thousands except per share data) (Unaudited) September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 Net interest income before
Slide 26: Appendix: GAAP to Non-GAAP Reconciliation
Appendix: GAAP to Non-GAAP Reconciliation Selected Consolidated Financial Information (unaudited) Three Months Ended Pre-Provision Net Revenue (PPNR) (in thousands) September 30, 2026 June 30, 2026 QoQ Change Net interest income $ 211,878 $ 200,897 $ 10,981 Non-interest income 42,770 21,405 21,365 L
Slide 27: Cathay General Bancorp
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