Cathay General Bancorp Bottom Line Climbs 20% In Q3

(RTTNews) - Cathay General Bancorp (CATY) announced earnings for its third quarter that advanced from last year.

The company said its bottom line rose to $46.09 million, or $0.58 per share. This was up from $38.48 million, or $0.47 per share, in last year's third quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cathay General Bancorp earnings at a glance:

-Earnings (Q3): $46.09 Mln. vs. $38.48 Mln. last year. -Earnings Growth (Y-o-Y): 19.8% -EPS (Q3): $0.58 vs. $0.47 last year. -EPS Growth (Y-o-Y): 23.4% -Analysts Estimate: $0.59