Cathay General Bancorp (NASDAQ:CATY)

ExitOnBir (< 20) Submitted: 11/9/2009 2:16:24 PM : Start Price: $8.06 CATY Score: +103.14

Solid fundamentals and oversold. Likely to benefit from the downturn. It will follow EWBC.

daviducsb (30.07) Submitted: 1/15/2009 11:40:28 AM : Start Price: $16.57 CATY Score: -81.74

Well run bank with very little mortgage exposure. Benefiting from troubles of competitors.

UniMate (64.83) Submitted: 8/11/2008 1:23:24 PM : Start Price: $22.45 CATY Score: -39.29

Regional pacific banks

josc (< 20) Submitted: 5/30/2008 12:27:57 PM : Start Price: $14.69 CATY Score: +17.13

Well run bank, that is exposed to loans but only in the chinese american market, where people save more and have better credit.

wuwei2jours (< 20) Submitted: 5/19/2008 8:04:04 PM : Start Price: $14.74 CATY Score: +18.53

This conservatively run Chinese-American old-fashioned bank has dropped in tandem with other banks, but without the justifications. It has only token exposure to mortgages (done mainly as a courtesy for its commercial customers), has increased its loan-loss reserve only insignificantly, and continues to increase its marketing reach through targeted acquisitions. At 77% of book value, a P/E of 6, and paying a 2.6% dividend, CATY is quite the lady among financial-services prospects. No trading thrills here, just a very conservative bargain to hold over at least a year or two.

Apparently the stock price dropped another 6% last week because of the Chinese earthquake, which is not in any way connected to its business. We can learn from history: a few years ago the very temporary "Chinese-American spy plane incident" -- also totally unconnected -- caused a drop of nearly 20%, which very quickly reversed.

Ryanlanham (31.43) Submitted: 12/16/2007 5:13:10 PM : Start Price: $25.14 CATY Score: -37.23

Hammered for no reason at all. Great value.

Zelenec (27.73) Submitted: 11/17/2007 7:30:32 AM : Start Price: $26.36 CATY Score: -37.40

This stock has been in my family for decades and we've never sold. Between the dividend and appreciation, it has steadily built a small fortune for us and is currently putting two kids through private colleges. The bank is just hitting its stride with judicious expansion in a growing market with a traditionally fiscally prudent clientele.

ChaChing04 (< 20) Submitted: 5/28/2007 11:42:44 PM : Start Price: $32.01 CATY Score: -51.13

Another Chinese favorite. That usually means healthy deposit base.