Cathay General Bancorp (CATY) announced that it has completed its offering of 13,068,182 shares of common stock and that the underwriters for the offering have exercised in full their over-allotment option to purchase an additional 1,960,227 shares of common stock.
The net proceeds from the offering to the company were approximately $125.2 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.