Cathay General Bancorp (CATY) posted a fourth quarter loss attributable to common shareholders of $39.4 million or $0.64 per share, compared to a loss of $4.0 million or $0.08 per share in the year-ago period.
On average, ten analysts polled by Thomson Reuters expected the company to report a loss of $0.35 per share. Analysts' estimates typically exclude special items.
Net interest income before provision for credit losses decreased to $73.8 million from $74.2 million in the same quarter a year-ago. Non-interest income for the quarter was $8.3 million, compared to $11.6 million in last year period.
Seven Wall Street analysts expected revenues of $80.15 million for the quarter.
For comments and feedback: editorial@rttnews.com