LOS ANGELES (AP) — LOS ANGELES (AP) — Cathay General Bancorp (CATY) on Thursday reported net income of $90.5 million in its fourth quarter.
The bank, based in Los Angeles, said it had earnings of $1.33 per share.
The holding company for Cathay Bank posted revenue of $360.6 million in the period. Its revenue net of interest expense was $222.8 million, which beat Street forecasts.
For the year, the company reported profit of $315.1 million, or $4.54 per share. Revenue was reported as $817.9 million.
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