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Side-by-side financial comparison of CATHAY GENERAL BANCORP (CATY) and MediaAlpha, Inc. (MAX). Click either name above to swap in a different company.

MediaAlpha, Inc. is the larger business by last-quarter revenue ($310.0M vs $222.8M, roughly 1.4× CATHAY GENERAL BANCORP). CATHAY GENERAL BANCORP runs the higher net margin — 653.4% vs 4.5%, a 648.9% gap on every dollar of revenue. On growth, CATHAY GENERAL BANCORP posted the faster year-over-year revenue change (19.5% vs 17.3%). Over the past eight quarters, MediaAlpha, Inc.'s revenue compounded faster (31.9% CAGR vs 12.8%).

Cathay General Bancorp is a U.S.-headquartered bank holding company that operates Cathay Bank, offering full-spectrum commercial and personal banking services. It primarily serves Asian American communities and small-to-medium enterprises across major U.S. states including California, New York and Texas, as well as select Asian markets, with products covering deposits, loans, and wealth management solutions.

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

CATY vs MAX — Head-to-Head

Bigger by revenue
MAX
MAX
1.4× larger
MAX
$310.0M
$222.8M
CATY
Growing faster (revenue YoY)
CATY
CATY
+2.2% gap
CATY
19.5%
17.3%
MAX
Higher net margin
CATY
CATY
648.9% more per $
CATY
653.4%
4.5%
MAX
Faster 2-yr revenue CAGR
MAX
MAX
Annualised
MAX
31.9%
12.8%
CATY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CATY
CATY
MAX
MAX
Revenue
$222.8M
$310.0M
Net Profit
$90.5M
$14.0M
Gross Margin
15.1%
Operating Margin
50.9%
7.2%
Net Margin
653.4%
4.5%
Revenue YoY
19.5%
17.3%
Net Profit YoY
12.9%
701.8%
EPS (diluted)
$1.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CATY
CATY
MAX
MAX
Q1 26
$310.0M
Q4 25
$222.8M
$291.2M
Q3 25
$210.6M
$306.5M
Q2 25
$196.6M
$251.6M
Q1 25
$187.8M
$264.3M
Q4 24
$186.5M
$300.6M
Q3 24
$189.5M
$259.1M
Q2 24
$178.5M
$178.3M
Net Profit
CATY
CATY
MAX
MAX
Q1 26
$14.0M
Q4 25
$90.5M
$31.4M
Q3 25
$77.7M
$14.9M
Q2 25
$77.5M
$-18.7M
Q1 25
$69.5M
$-1.9M
Q4 24
$80.2M
$4.6M
Q3 24
$67.5M
$9.5M
Q2 24
$66.8M
$3.6M
Gross Margin
CATY
CATY
MAX
MAX
Q1 26
15.1%
Q4 25
15.4%
Q3 25
14.2%
Q2 25
15.0%
Q1 25
15.8%
Q4 24
16.3%
Q3 24
15.1%
Q2 24
17.8%
Operating Margin
CATY
CATY
MAX
MAX
Q1 26
7.2%
Q4 25
50.9%
7.7%
Q3 25
44.5%
6.4%
Q2 25
49.0%
-8.0%
Q1 25
46.1%
0.0%
Q4 24
46.5%
6.1%
Q3 24
41.2%
6.0%
Q2 24
40.7%
3.6%
Net Margin
CATY
CATY
MAX
MAX
Q1 26
4.5%
Q4 25
653.4%
10.8%
Q3 25
36.9%
4.9%
Q2 25
39.4%
-7.4%
Q1 25
37.0%
-0.7%
Q4 24
587.9%
1.5%
Q3 24
35.6%
3.7%
Q2 24
37.4%
2.0%
EPS (diluted)
CATY
CATY
MAX
MAX
Q1 26
Q4 25
$1.33
$0.50
Q3 25
$1.13
$0.26
Q2 25
$1.10
$-0.33
Q1 25
$0.98
$-0.04
Q4 24
$1.11
$0.09
Q3 24
$0.94
$0.17
Q2 24
$0.92
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CATY
CATY
MAX
MAX
Cash + ST InvestmentsLiquidity on hand
$26.1M
Total DebtLower is stronger
$119.1M
$163.5M
Stockholders' EquityBook value
$2.9B
Total Assets
$24.2B
$367.7M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CATY
CATY
MAX
MAX
Q1 26
$26.1M
Q4 25
$46.9M
Q3 25
$38.8M
Q2 25
$85.4M
Q1 25
$63.6M
Q4 24
$43.3M
Q3 24
$32.3M
Q2 24
$28.7M
Total Debt
CATY
CATY
MAX
MAX
Q1 26
$163.5M
Q4 25
$119.1M
$153.4M
Q3 25
$119.1M
$155.7M
Q2 25
$119.1M
$158.0M
Q1 25
$119.1M
$160.2M
Q4 24
$119.1M
$162.4M
Q3 24
$119.1M
$164.7M
Q2 24
$119.1M
$166.9M
Stockholders' Equity
CATY
CATY
MAX
MAX
Q1 26
Q4 25
$2.9B
$4.2M
Q3 25
$2.9B
$-29.8M
Q2 25
$2.9B
$-3.8M
Q1 25
$2.9B
$7.9M
Q4 24
$2.8B
$2.4M
Q3 24
$2.8B
$-8.4M
Q2 24
$2.8B
$-24.4M
Total Assets
CATY
CATY
MAX
MAX
Q1 26
$367.7M
Q4 25
$24.2B
$383.8M
Q3 25
$24.1B
$266.2M
Q2 25
$23.7B
$249.4M
Q1 25
$23.2B
$240.0M
Q4 24
$23.1B
$262.4M
Q3 24
$23.3B
$236.1M
Q2 24
$23.2B
$198.2M
Debt / Equity
CATY
CATY
MAX
MAX
Q1 26
Q4 25
0.04×
36.88×
Q3 25
0.04×
Q2 25
0.04×
Q1 25
0.04×
20.23×
Q4 24
0.04×
68.31×
Q3 24
0.04×
Q2 24
0.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CATY
CATY
MAX
MAX
Operating Cash FlowLast quarter
$368.6M
Free Cash FlowOCF − Capex
$363.7M
FCF MarginFCF / Revenue
163.2%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
4.07×
TTM Free Cash FlowTrailing 4 quarters
$672.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CATY
CATY
MAX
MAX
Q1 26
Q4 25
$368.6M
$-7.4M
Q3 25
$150.6M
$23.6M
Q2 25
$64.0M
$25.7M
Q1 25
$99.0M
$23.7M
Q4 24
$329.2M
$14.5M
Q3 24
$81.2M
$8.1M
Q2 24
$72.9M
$21.6M
Free Cash Flow
CATY
CATY
MAX
MAX
Q1 26
Q4 25
$363.7M
$-7.5M
Q3 25
$150.1M
$23.6M
Q2 25
$62.7M
$25.5M
Q1 25
$96.3M
$23.6M
Q4 24
$325.5M
$14.5M
Q3 24
$80.0M
$8.0M
Q2 24
$72.4M
$21.5M
FCF Margin
CATY
CATY
MAX
MAX
Q1 26
Q4 25
163.2%
-2.6%
Q3 25
71.3%
7.7%
Q2 25
31.9%
10.2%
Q1 25
51.2%
8.9%
Q4 24
174.6%
4.8%
Q3 24
42.2%
3.1%
Q2 24
40.5%
12.0%
Capex Intensity
CATY
CATY
MAX
MAX
Q1 26
Q4 25
2.2%
0.0%
Q3 25
0.2%
0.0%
Q2 25
0.6%
0.1%
Q1 25
1.4%
0.0%
Q4 24
1.9%
0.0%
Q3 24
0.6%
0.0%
Q2 24
0.3%
0.1%
Cash Conversion
CATY
CATY
MAX
MAX
Q1 26
Q4 25
4.07×
-0.24×
Q3 25
1.94×
1.58×
Q2 25
0.83×
Q1 25
1.42×
Q4 24
4.10×
3.13×
Q3 24
1.20×
0.85×
Q2 24
1.09×
5.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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