Earnings Call Summary | Cathay General Bancorp(CATY.US) Q1 2024 Earnings Conference
Earnings Call Summary | Cathay General Bancorp(CATY.US) Q1 2024 Earnings Conference
The following is a summary of the Cathay General Bancorp (CATY) Q1 2024 Earnings Call Transcript:
以下是國泰萬通（CATY）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Cathay General Bancorp reported a Q1 2024 net income of $71.4 million, a 13.4% decrease compared to the previous quarter.
Diluted earnings per share dropped 13.5% to $0.98.
There was a decrease of $119 million or 2.4% in total gross loans primarily from a drop in commercial and construction loans.
Total deposits rose by $520.8 million or 10.8% annually.
國泰通用銀行公佈的2024年第一季度淨收入爲7140萬美元，與上一季度相比下降了13.4％。
攤薄後的每股收益下降了13.5％，至0.98美元。
貸款總額減少了1.19億美元，下降了2.4％，這主要是由於商業和建築貸款的下降。
存款總額每年增長5.208億美元，增長10.8％。
Business Progress:
業務進展：
Revised loan growth for 2024 is between 3% and 4% due to slower growth in Q1 2024.
Improved stability was noted with the Tier 1 leverage capital ratio at 10.71% from 10.55% in Q4 2023.
A provision for credit loss of $1.9 million was allocated in Q1 2024 compared to $1.7 million in the previous quarter.
Projected continued growth with an overall deposit estimated between 4% and 5%.
由於2024年第一季度增長放緩，修訂後的2024年貸款增長率在3％至4％之間。
一級槓桿資本比率從2023年第四季度的10.55％升至10.71％，穩定性有所改善。
2024年第一季度分配的信貸損失準備金爲190萬美元，而上一季度爲170萬美元。
預計將繼續增長，總存款額估計在4％至5％之間。
More details: Cathay General Bancorp IR
更多詳情： 國泰萬通銀行投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。