Cathay General Raises 2026 Loan Growth Outlook After Quarterly Gains

Cathay General Bancorp raised its 2026 loan growth outlook on Oct. 21 after quarterly lending and deposits increased, setting a faster expansion pace while holding its net interest margin forecast steady. The bank now projects period-end loan growth of 5% to 6%, up from 3.5% to 4.5%. Its deposit growth outlook rose to 4% to 5%, from 3% to 4%. The full-year net interest margin range remains 3.40% to 3.50%. The forecast assumes two 25-basis-point rate increases in 2026, one in September and another in December. Between June 30 and Sept.

Source: TokenPost