Cathay General Bancorp Reveals Rise In Q1 Bottom Line

(RTTNews) - Cathay General Bancorp (CATY) reported earnings for its first quarter that rose from the same period last year.

The company's profit came in at $66.7 million, or $0.83 per share. This compares with $63.8 million, or $0.78 per share, in last year's first quarter.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cathay General Bancorp earnings at a glance:

-Earnings (Q1): $66.7 Mln. vs. $63.8 Mln. last year. -EPS (Q1): $0.83 vs. $0.78 last year. -Analysts Estimate: $0.80