CATY FY 2011 Earnings Report — Cathay General Bancorp Revenue & Financial Results | Market Cap Arena

Cathay General BancorpCATY

FY 2011 Earnings

Reported February 27, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$504M	—	—	—	—
Op. Income	$152M	—	—	—	—
Gross Margin	66.9%	—	—	—	—
Net Margin	19.9%	—	—	—	—
EPS (Diluted)	$1.06	—	—	—	—
Free Cash Flow	$171M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$504M
Cost of Revenue	$167M
GROSS PROFIT	$338M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$84M
SG&A Expenses	$88M
Other Expenses	$98M
Operating Expenses	$186M
Cost & Expenses	$352M
OPERATING INCOME	$152M
Interest Income	$454M
Interest Expense	$140M
Other Income/Expenses	$0
INCOME BEFORE TAX	$152M
Income Tax Expense	$51M
Net Income from Continuing Ops	$101M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$100M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$12M
EBIT	$152M
EBITDA	$164M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$504M
Cost of Revenue	$167M
GROSS PROFIT	$338M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$84M
SG&A Expenses	$88M
Other Expenses	$98M
Operating Expenses	$186M
Cost & Expenses	$352M
OPERATING INCOME	$152M
Interest Income	$454M
Interest Expense	$140M
Other Income/Expenses	$0
INCOME BEFORE TAX	$152M
Income Tax Expense	$51M
Net Income from Continuing Ops	$101M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$100M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$12M
EBIT	$152M
EBITDA	$164M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$101M
Depreciation & Amortization	$12M
Stock-Based Compensation	$2M
Deferred Income Tax	$14M
Other Non-Cash Items	$40M
Change in Working Capital	$6M
OPERATING CASH FLOW	$174M
Capital Expenditure	-$3M
Acquisitions (Net)	-$968.0K
Purchases of Investments	-$660M
Sales/Maturities of Investments	$1.1B
Other Investing Activities	-$333M
NET CASH FROM INVESTING	$127M
Net Debt Issuance	-$333M
Common Stock Repurchased	$0
Common Dividends Paid	-$16M
Other Financing Activities	$78M
NET CASH FROM FINANCING	-$271M
FREE CASH FLOW	$171M
Net Change in Cash	$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$118M
Short-Term Investments	$1.6B
Net Receivables	$32M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$106M
Goodwill	$316M
Intangible Assets	$12M
Long-Term Investments	$8.2B
Tax Assets	$0
Other Non-Current Assets	$316M
TOTAL NON-CURRENT ASSETS	$8.9B
TOTAL ASSETS	$10.6B
Account Payables	$0
Short-Term Debt	$1.4B
Deferred Revenue	$0
Other Current Liabilities	$7.2B
TOTAL CURRENT LIABILITIES	$8.6B
Long-Term Debt	$416M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$84M
TOTAL NON-CURRENT LIABILITIES	$500M
TOTAL LIABILITIES	$9.1B
Common Stock	$829.0K
Additional Paid-In Capital	$766M
Retained Earnings	$624M
Treasury Stock	-$126M
Accum. Other Comp. Income	-$9M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$8M
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$10.6B
Total Debt	$1.8B
Net Debt	$1.7B