The bank reported Q2 2026 net income of $92.2 million and raised its loan growth projection while lowering deposit growth estimates.
Cathay General Bancorp revised its 2026 loan growth forecast to 3.5%-4.5%, up from prior guidance, while adjusting deposit growth expectations downward to 3%-4%. The bank reported Q2 2026 net income of $92.2 million, or $1.37 per diluted share, driven by a net interest income increase to $200.9 million.
Net interest margin expansion contributed to the quarter’s performance, though management did not disclose the exact margin figure. The updated projections reflect ongoing balance sheet adjustments amid evolving economic conditions.
No immediate market reaction was detailed in the earnings call summary.