Why Did Cathay General Bancorp (CATY) Shares Climb After Its Latest Update?

Cathay General Bancorp (CATY) is back in focus after Q3 2026 results showed higher net interest income and revenue than analysts expected, while specific problem loans lifted credit costs and partially offset that operational strength. The Q3 2026 surprise has landed on top of an already strong run for Cathay General Bancorp, with a 1-day share price return of 5.95% taking the stock to US$64.24 and adding to a year to date share price gain of 31.99%. The 3 year total shareholder return of...