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Side-by-side financial comparison of CATHAY GENERAL BANCORP (CATY) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
CATHAY GENERAL BANCORP is the larger business by last-quarter revenue ($222.8M vs $124.7M, roughly 1.8× SMITH & WESSON BRANDS, INC.). CATHAY GENERAL BANCORP runs the higher net margin — 653.4% vs 1.5%, a 651.9% gap on every dollar of revenue. On growth, CATHAY GENERAL BANCORP posted the faster year-over-year revenue change (19.5% vs -3.9%). CATHAY GENERAL BANCORP produced more free cash flow last quarter ($363.7M vs $16.3M). Over the past eight quarters, CATHAY GENERAL BANCORP's revenue compounded faster (12.8% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
CATY vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $222.8M | $124.7M |
| Net Profit | $90.5M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | 50.9% | 3.3% |
| Net Margin | 653.4% | 1.5% |
| Revenue YoY | 19.5% | -3.9% |
| Net Profit YoY | 12.9% | -53.6% |
| EPS (diluted) | $1.33 | $0.04 |
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.
| Q4 25 | $222.8M | $124.7M | ||
| Q3 25 | $210.6M | $85.1M | ||
| Q2 25 | $196.6M | $140.8M | ||
| Q1 25 | $187.8M | $115.9M | ||
| Q4 24 | $186.5M | $129.7M | ||
| Q3 24 | $189.5M | $88.3M | ||
| Q2 24 | $178.5M | $159.1M | ||
| Q1 24 | $175.2M | $137.5M |
| Q4 25 | $90.5M | $1.9M | ||
| Q3 25 | $77.7M | $-3.4M | ||
| Q2 25 | $77.5M | $8.6M | ||
| Q1 25 | $69.5M | $2.1M | ||
| Q4 24 | $80.2M | $4.5M | ||
| Q3 24 | $67.5M | $-1.9M | ||
| Q2 24 | $66.8M | $27.9M | ||
| Q1 24 | $71.4M | $7.9M |
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | — | 28.8% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 35.5% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | 50.9% | 3.3% | ||
| Q3 25 | 44.5% | -3.5% | ||
| Q2 25 | 49.0% | 9.3% | ||
| Q1 25 | 46.1% | 4.1% | ||
| Q4 24 | 46.5% | 5.8% | ||
| Q3 24 | 41.2% | -1.7% | ||
| Q2 24 | 40.7% | 17.4% | ||
| Q1 24 | 45.7% | 8.2% |
| Q4 25 | 653.4% | 1.5% | ||
| Q3 25 | 36.9% | -4.0% | ||
| Q2 25 | 39.4% | 6.1% | ||
| Q1 25 | 37.0% | 1.8% | ||
| Q4 24 | 587.9% | 3.5% | ||
| Q3 24 | 35.6% | -2.1% | ||
| Q2 24 | 37.4% | 17.5% | ||
| Q1 24 | 40.8% | 5.7% |
| Q4 25 | $1.33 | $0.04 | ||
| Q3 25 | $1.13 | $-0.08 | ||
| Q2 25 | $1.10 | $0.19 | ||
| Q1 25 | $0.98 | $0.05 | ||
| Q4 24 | $1.11 | $0.10 | ||
| Q3 24 | $0.94 | $-0.04 | ||
| Q2 24 | $0.92 | $0.60 | ||
| Q1 24 | $0.98 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $22.4M |
| Total DebtLower is stronger | $119.1M | — |
| Stockholders' EquityBook value | $2.9B | $363.2M |
| Total Assets | $24.2B | $548.6M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $22.4M | ||
| Q3 25 | — | $18.0M | ||
| Q2 25 | — | $25.2M | ||
| Q1 25 | — | $26.7M | ||
| Q4 24 | — | $39.1M | ||
| Q3 24 | — | $35.5M | ||
| Q2 24 | — | $60.8M | ||
| Q1 24 | — | $47.4M |
| Q4 25 | $119.1M | — | ||
| Q3 25 | $119.1M | — | ||
| Q2 25 | $119.1M | — | ||
| Q1 25 | $119.1M | — | ||
| Q4 24 | $119.1M | — | ||
| Q3 24 | $119.1M | — | ||
| Q2 24 | $119.1M | — | ||
| Q1 24 | $119.1M | — |
| Q4 25 | $2.9B | $363.2M | ||
| Q3 25 | $2.9B | $364.4M | ||
| Q2 25 | $2.9B | $372.5M | ||
| Q1 25 | $2.9B | $366.9M | ||
| Q4 24 | $2.8B | $371.5M | ||
| Q3 24 | $2.8B | $380.0M | ||
| Q2 24 | $2.8B | $399.9M | ||
| Q1 24 | $2.8B | $376.4M |
| Q4 25 | $24.2B | $548.6M | ||
| Q3 25 | $24.1B | $554.6M | ||
| Q2 25 | $23.7B | $559.6M | ||
| Q1 25 | $23.2B | $578.9M | ||
| Q4 24 | $23.1B | $587.4M | ||
| Q3 24 | $23.3B | $571.3M | ||
| Q2 24 | $23.2B | $577.4M | ||
| Q1 24 | $23.4B | $570.6M |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — | ||
| Q1 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $368.6M | $27.3M |
| Free Cash FlowOCF − Capex | $363.7M | $16.3M |
| FCF MarginFCF / Revenue | 163.2% | 13.1% |
| Capex IntensityCapex / Revenue | 2.2% | 8.8% |
| Cash ConversionOCF / Net Profit | 4.07× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $672.7M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $368.6M | $27.3M | ||
| Q3 25 | $150.6M | $-8.1M | ||
| Q2 25 | $64.0M | $40.8M | ||
| Q1 25 | $99.0M | $-9.8M | ||
| Q4 24 | $329.2M | $-7.4M | ||
| Q3 24 | $81.2M | $-30.8M | ||
| Q2 24 | $72.9M | $43.7M | ||
| Q1 24 | $88.2M | $25.2M |
| Q4 25 | $363.7M | $16.3M | ||
| Q3 25 | $150.1M | $-12.4M | ||
| Q2 25 | $62.7M | $33.5M | ||
| Q1 25 | $96.3M | $-16.1M | ||
| Q4 24 | $325.5M | $-10.7M | ||
| Q3 24 | $80.0M | $-35.5M | ||
| Q2 24 | $72.4M | $38.2M | ||
| Q1 24 | $87.3M | $7.0M |
| Q4 25 | 163.2% | 13.1% | ||
| Q3 25 | 71.3% | -14.6% | ||
| Q2 25 | 31.9% | 23.8% | ||
| Q1 25 | 51.2% | -13.9% | ||
| Q4 24 | 174.6% | -8.3% | ||
| Q3 24 | 42.2% | -40.2% | ||
| Q2 24 | 40.5% | 24.0% | ||
| Q1 24 | 49.8% | 5.1% |
| Q4 25 | 2.2% | 8.8% | ||
| Q3 25 | 0.2% | 5.0% | ||
| Q2 25 | 0.6% | 5.2% | ||
| Q1 25 | 1.4% | 5.4% | ||
| Q4 24 | 1.9% | 2.5% | ||
| Q3 24 | 0.6% | 5.3% | ||
| Q2 24 | 0.3% | 3.5% | ||
| Q1 24 | 0.5% | 13.2% |
| Q4 25 | 4.07× | 14.22× | ||
| Q3 25 | 1.94× | — | ||
| Q2 25 | 0.83× | 4.73× | ||
| Q1 25 | 1.42× | -4.68× | ||
| Q4 24 | 4.10× | -1.63× | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.09× | 1.57× | ||
| Q1 24 | 1.23× | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
