Cathay General Bancorp Earnings Climb 16% In Q4

(RTTNews) - Cathay General Bancorp (CATY) revealed a profit for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $41.4 million, or $0.51 per share. This was up from $35.6 million, or $0.44 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.51 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cathay General Bancorp earnings at a glance:

-Earnings (Q4): $41.4 Mln. vs. $35.6 Mln. last year. -Earnings Growth (Y-o-Y): 16.3% -EPS (Q4): $0.51 vs. $0.44 last year. -EPS Growth (Y-o-Y): 15.9% -Analysts Estimate: $0.51