In its latest financial report, Cathay General Bancorp (CATY) announced a slight dip in its fourth-quarter profit compared to the same period last year. The company reported earnings of $80.20 million, equating to $1.12 per share, down from the previous year's $82.53 million, or $1.13 per share.
Here's a brief overview of Cathay General Bancorp's earnings (in accordance with GAAP standards):
- Earnings: $80.20 million versus $82.53 million in the prior year.
- Earnings Per Share (EPS): $1.12 compared to last year's $1.13.
