Overview / Commentary
Cathay Bank is headquartered in LOS ANGELES and is the 4th largest bank in the state of California. It is also the 89th largest bank in the nation. It was established in 1962 and as of September of 2024, it had grown to 1,242 employees at 66 locations. Cathay Bank has an A health rating.
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Reviews (1)
The Worsest Bank In My Life..
Posted by: tohotsai | May 3, 2024
If you put your money in this bank and your money is stolen, the bank will not compensate you. You need to hire an attorney to sue the bank.
Health
A
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18503 |
| Year Established | 1962 |
| Employees | 1242 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 10.17% |
| Annual Interest Income | $1.01B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $23.25B$22.82B |
| Loans | Q3 2024vs Q3 2023 | $19.22B$18.9B |
| Deposits | Q3 2024vs Q3 2023 | $19.98B$19.66B |
| Equity Capital | Q3 2024vs Q3 2023 | $2.89B$2.71B |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $163.7MM$154.6MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $169.6MM$79.2MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $18.3MM$14.4MM |
