Cathay General Bancorp

In a Stage 2 advance, CATY is in a strong parabolic acceleration above rising EMAs and the 50 DMA. The recent shallow pullback into the 9/21 EMA zone held support with constructive volume, offering a favorable entry. Neutral overbought readings and underlying uptrends across horizons support immediate participation. Key risk is failure to hold near-term EMA support, which would signal emerging exhaustion.

• ↑Q1 net income $86.9M, EPS $1.29; tangible book value rose to $30.95.
• ↑Dividend up 11.8% to $0.38/share; $150M share repurchase boosts returns.
• ↓Loan portfolio grew only 0.2% QoQ to $20.2B, below expectations.