Cathay General Bancorp · NASDAQ:CATY

Cathay General Bancorp — Q2 2026 Earnings Presentation

26 slides from Cathay General Bancorp's earnings presentation, Jul 22, 2026

  1. Slide 1: Financial Earnings Results Second Quarter 2026

    Financial Earnings Results Second Quarter 2026 July 22, 2026

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation contains forward-looking statements about Cathay General Bancorp and its subsidiaries (collectively referred to herein as the “Company,” “we,” “us,” or “our”) within the meaning of the applicable provisions of the Private Securities Litigation Reform Act

  3. Slide 3: Broad, Strategically Positioned Footprint

    $24.7bn $4.1bn Total Assets Market Cap Broad, Strategically Positioned Footprint with 60+ locations across key multicultural and commercial markets 1.52% 13.70% CET1 WA ROAA NY CATY Los Angeles MA Ticker Headquarters NJ NV IL MD CA Headquarters TX Branches  Oldest Operating Chinese American-Founded

  4. Slide 4: Financial Performance 2Q 2026

    Financial Performance 2Q 2026 Quarterly Highlights Net Income Earnings and Profitability Net Income ($mn) Diluted EPS $2.50  Net income of $92.2 million and EPS of $1.37 10000.00% $90.5 $86.9 $92.2  ROAA of 1.52%; ROATCE* of 13.98% $77.4 $77.7 $2.00 8000.00%  Efficiency ratio of 41.53% up 1.18% Q

  5. Slide 5: Summary Balance Sheets (Unaudited)

    Summary Balance Sheets (Unaudited) % Change % Change $mn, except per share data 6.30.26 3.31.26 QoQ 6.30.25 YoY Highlights Cash equivalents & ST investments $ 1,327 $ 1,205 10% $ 1,247 6%  Cash equivalents and AFS debt securities 1,683 1,678 0% 1,648 2% short-term investments increased 10% QoQ, ref

  6. Slide 6: Loan and Deposit Composition

    Loan and Deposit Composition Total Loan Portfolio ($bn) Average Loan Growth – QoQ Annualized % ($bn) Highlights EOP as of 6.30.26 Total CRE Residential Mortgage* C&I Construction  Average Loans of $20.21 billion, up Construction 1% QoQ 1% $19.7 +9% $20.1 +1% $20.2 +1% $20.2 $19.4 +5% 20.0% 20.00000

  7. Slide 7: Cash and AFS Securities

    Cash and AFS Securities Total Securities Portfolio Net Unrealized Loss on AFS Securities and Cash ($mn) in AOCI ($mn) Highlights as of 6.30.26 2Q25 3Q25 4Q25 1Q26 2Q26 0.000000  Stable cash and securities portfolio supporting ample liquidly 19.00% 18.90% 18.80% 18.70% 18.60% 18.50% 18.40% 18.30% 18

  8. Slide 8: Summary Income Statements (Unaudited)

    Summary Income Statements (Unaudited) % Change % Change $mn, except per share data 6.30.26 3.31.26 QoQ 6.30.25 YoY Highlights Net interest income before provision for credit losses $ 200.9 $ 194.2 3% $ 181.2 11%  Net income of $92.2 million increased 6% QoQ, primarily Provision for credit losses 11

  9. Slide 9: Yield and Funding Costs

    Yield and Funding Costs Net Interest Income and Net Interest Margin Average Loan Yield vs Prime Rate and 1M SOFR Highlights NII ($mn) NIM Avg. Fed Funds Rate Avg. Loan Yield Avg. Prime Rate  Net interest income was up $7 Avg. 1M SOFR Rate million QoQ largely due to loan $201 growth, day count, and

  10. Slide 10: Non-Interest Income

    Non-Interest Income Non-Interest Income ($mn) Highlights 32  Non-interest income increased 49 $27.8 39 27 $0.7 million QoQ due to lower net $21.4 loss from investment securities $21.0 $20.7 29 22 repositioning, higher wealth $17.8 $18.1 management fees and other $16.8 $20.3 17.3 $19.1 operating inc

  11. Slide 11: Operating Expense & Efficiency

    Operating Expense & Efficiency Noninterest Expense ($mn) Noninterest Expense ($mn) & Efficiency Ratio Highlights 100 100 70.0% $92.2 $92.3 $92.2 $92.3  Noninterest expense decreased $89.1 $88.1 $2.0 $89.1 $88.1 $5.6 million primarily due to higher 90 $86.7 $3.0 90 $86.7 $3.2 $2.8 $8.0 LIHTC amortiz

  12. Slide 12: Asset Quality Metrics

    Asset Quality Metrics ALLL Composition ($mn) Reserves and Net Charge Offs (%) Highlights CRE C&I Residential Mortgage Construction Total ALLL ALLL / Gross Loans NCOs/Avg Loans (annualized) Reserve  ALLL to gross loans increased to Rate 1.06%, reflecting continued reserve 1.06% $219 1.06% 1.10% 1.03

  13. Slide 13: Strong Capital Ratios

    Strong Capital Ratios Key Capital Ratios (%) Highlights  Capital Ratio 18.00%  All capital ratios remained well above Basel III 16.00% 15.47% minimums  Risk-based capital ratios increased 14.00% 13.70% 13.70% approximately 20 bps QoQ, reflecting recent capital optimization reporting activities 12

  14. Slide 14: Management Guidance Full Year 2026

    Management Guidance Full Year 2026 Full Year Prior Full Year 2026 Guidance Outlook 2025 Actual Loans,  Estimated growth rate 3.5% to 4.5%.  Estimated growth rate 3.5% to 4.5%. $20.2 billion end of period +4.0% YoY Deposits  Estimated growth rate 3% to 4%.  Estimated growth rate 4% to 5%. $20.9 b

  15. Slide 15: Appendix

    Appendix is

  16. Slide 16: Loan and Deposit Yields

    Loan and Deposit Yields Average Loan Yield by Type (bps) Loan Portfolio By Index Rate 2Q25 3Q25 4Q25 1Q26 2Q26 as of 6.30.26 1000 36% fixed rate Other 7% fixed rate 33% fixed rate 28% float rate 8% 950 93% float rate 29% float rate Prime 900 36% hybrid 38% hybrid 850 800 11% Fixed Rate 750 687 692 2

  17. Slide 17: Commercial Real Estate Portfolio

    Commercial Real Estate Portfolio CRE Portfolio Breakdown CRE Geographic Distribution Residential 17% CRE NY 36% Construction $10.8bn 52% of total loans 1% $10.8bn CRE Residential Retail 13% Mortgage* CA TX 5% 30% $20.6bn CRE 52% 45% Other IL 3% Total Loans 7% NV 2% HK 2% Office 7% C&I 17% Warehouse

  18. Slide 18: Commercial Real Estate Portfolio (cont’d)

    Commercial Real Estate Portfolio (cont’d) CRE LTV Distribution CRE LTV and Size by Property Type CRE Loan Avg. CRE Portfolio Loan Size Weighted ($mn) ($mn) Avg. LTV 40% to 50% Residental $3,582 $1.4 53% 23% Retail $2,674 $2.1 48% Office $1,388 $2.3 48% 50% to 60% Warehouse $1,468 $2.9 47% 30% to 40%

  19. Slide 19: Selected CRE and Construction Loan Portfolios

    Selected CRE and Construction Loan Portfolios Residential CRE Portfolio Retail CRE Portfolio Construction Portfolio % based on $3.6bn loans outstanding % based on $2.7bn loans outstanding % based on $0.2bn loans outstanding 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% 95

  20. Slide 20: CRE Office Portfolio

    CRE Office Portfolio Office CRE Portfolio Office CRE Distribution % based on $1.4bn loans outstanding Office CRE Loan Total CRE 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Portfolio Weighted Avg. LTV Office 30% Property Type ($mn) ($mn) Condominium Office Building $411 49% 29% Office Condominium $41

  21. Slide 21: Residential Mortgage Portfolio

    Residential Mortgage Portfolio Resi. Mortgage Geographic Distribution Single-Family Resi. LTV Distribution >50% to 55% NY 50% or Under 10% 38% 38% 53% > 55% to 60% $6.1bn LTV Weighted Average 15% Residential Mortgage* $423,000 CA Outstanding Size Average 48% WA 5% Over 60% TX 2% 37% NJ 2% Other 5% *

  22. Slide 22: Use of Non-GAAP Financial Information

    Use of Non-GAAP Financial Information Consolidated financial information has been presented in accordance with GAAP as well as on a non-GAAP basis to supplement our consolidated financial results. Our non-GAAP financial measures including tangible book value (“TBV”), tangible book value per share (“

  23. Slide 23: Appendix: GAAP to Non-GAAP Reconciliation

    Appendix: GAAP to Non-GAAP Reconciliation Selected Consolidation Financial Information ($ in thousands) (unaudited) As of (in thousands except per share data) (Unaudited) June 30, 2026 March 31, 2026 June 30, 2025 Stockholders' equity (a) $ 3,046,614 $ 2,986,648 $ 2,886,295 Less: Goodwill (375,696)

  24. Slide 24: Appendix: GAAP to Non-GAAP Reconciliation

    Appendix: GAAP to Non-GAAP Reconciliation Selected Consolidation Financial Information ($ in thousands) (unaudited) As of (in thousands except per share data) (Unaudited) June 30, 2026 June 30, 2025 (Unaudited) Stockholders' equity (a) $ 3,046,614 $ 2,886,295 Less: Goodwill (375,696) (375,696) Other

  25. Slide 25: Appendix: GAAP to Non-GAAP Reconciliation

    Appendix: GAAP to Non-GAAP Reconciliation Selected Consolidation Financial Information ($ in thousands) (unaudited) Three Months Ended Six Months Ended (in thousands except per share data) (Unaudited) June 30, 2026 March 31, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Net interest income before p

  26. Slide 26: Cathay General Bancorp

    e Cathay General Bancorp

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