Cathay general bancorp announces second quarter 2024 results

Los angeles--(business wire)--cathay general bancorp (the “company”, “we”, “us”, or “our”) (nasdaq: caty), the holding company for cathay bank, today announced its unaudited financial results for the quarter ended june 30, 2024. the company reported net income of $66.8 million, or $0.92 per share, for the second quarter of 2024. the second quarter net income included $4.1 million or $0.04 per diluted share from accelerated amortization of solar tax credit investments, which were previously fore.
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