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Side-by-side financial comparison of CATHAY GENERAL BANCORP (CATY) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
CATHAY GENERAL BANCORP is the larger business by last-quarter revenue ($222.8M vs $117.3M, roughly 1.9× Latham Group, Inc.). CATHAY GENERAL BANCORP runs the higher net margin — 653.4% vs -7.3%, a 660.7% gap on every dollar of revenue. On growth, CATHAY GENERAL BANCORP posted the faster year-over-year revenue change (19.5% vs 5.3%). Over the past eight quarters, CATHAY GENERAL BANCORP's revenue compounded faster (12.8% CAGR vs -14.4%).
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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
CATY vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $222.8M | $117.3M |
| Net Profit | $90.5M | $-8.5M |
| Gross Margin | — | 31.7% |
| Operating Margin | 50.9% | — |
| Net Margin | 653.4% | -7.3% |
| Revenue YoY | 19.5% | 5.3% |
| Net Profit YoY | 12.9% | -43.1% |
| EPS (diluted) | $1.33 | $-0.07 |
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.
| Q1 26 | — | $117.3M | ||
| Q4 25 | $222.8M | $100.0M | ||
| Q3 25 | $210.6M | $161.9M | ||
| Q2 25 | $196.6M | $172.6M | ||
| Q1 25 | $187.8M | $111.4M | ||
| Q4 24 | $186.5M | $87.3M | ||
| Q3 24 | $189.5M | $150.5M | ||
| Q2 24 | $178.5M | $160.1M |
| Q1 26 | — | $-8.5M | ||
| Q4 25 | $90.5M | $-7.0M | ||
| Q3 25 | $77.7M | $8.1M | ||
| Q2 25 | $77.5M | $16.0M | ||
| Q1 25 | $69.5M | $-6.0M | ||
| Q4 24 | $80.2M | $-29.2M | ||
| Q3 24 | $67.5M | $5.9M | ||
| Q2 24 | $66.8M | $13.3M |
| Q1 26 | — | 31.7% | ||
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% |
| Q1 26 | — | — | ||
| Q4 25 | 50.9% | -10.7% | ||
| Q3 25 | 44.5% | 13.3% | ||
| Q2 25 | 49.0% | 14.3% | ||
| Q1 25 | 46.1% | -4.4% | ||
| Q4 24 | 46.5% | -14.9% | ||
| Q3 24 | 41.2% | 8.9% | ||
| Q2 24 | 40.7% | 12.5% |
| Q1 26 | — | -7.3% | ||
| Q4 25 | 653.4% | -7.0% | ||
| Q3 25 | 36.9% | 5.0% | ||
| Q2 25 | 39.4% | 9.3% | ||
| Q1 25 | 37.0% | -5.4% | ||
| Q4 24 | 587.9% | -33.4% | ||
| Q3 24 | 35.6% | 3.9% | ||
| Q2 24 | 37.4% | 8.3% |
| Q1 26 | — | $-0.07 | ||
| Q4 25 | $1.33 | $-0.06 | ||
| Q3 25 | $1.13 | $0.07 | ||
| Q2 25 | $1.10 | $0.13 | ||
| Q1 25 | $0.98 | $-0.05 | ||
| Q4 24 | $1.11 | $-0.24 | ||
| Q3 24 | $0.94 | $0.05 | ||
| Q2 24 | $0.92 | $0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $119.1M | $3.3M |
| Stockholders' EquityBook value | $2.9B | $396.7M |
| Total Assets | $24.2B | $856.4M |
| Debt / EquityLower = less leverage | 0.04× | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.3M | ||
| Q4 25 | $119.1M | $279.8M | ||
| Q3 25 | $119.1M | $281.1M | ||
| Q2 25 | $119.1M | $281.5M | ||
| Q1 25 | $119.1M | $306.9M | ||
| Q4 24 | $119.1M | $281.5M | ||
| Q3 24 | $119.1M | $282.8M | ||
| Q2 24 | $119.1M | $282.4M |
| Q1 26 | — | $396.7M | ||
| Q4 25 | $2.9B | $405.9M | ||
| Q3 25 | $2.9B | $408.4M | ||
| Q2 25 | $2.9B | $398.4M | ||
| Q1 25 | $2.9B | $381.1M | ||
| Q4 24 | $2.8B | $387.2M | ||
| Q3 24 | $2.8B | $416.6M | ||
| Q2 24 | $2.8B | $408.1M |
| Q1 26 | — | $856.4M | ||
| Q4 25 | $24.2B | $823.2M | ||
| Q3 25 | $24.1B | $844.4M | ||
| Q2 25 | $23.7B | $822.1M | ||
| Q1 25 | $23.2B | $824.6M | ||
| Q4 24 | $23.1B | $794.2M | ||
| Q3 24 | $23.3B | $853.4M | ||
| Q2 24 | $23.2B | $830.0M |
| Q1 26 | — | 0.01× | ||
| Q4 25 | 0.04× | 0.69× | ||
| Q3 25 | 0.04× | 0.69× | ||
| Q2 25 | 0.04× | 0.71× | ||
| Q1 25 | 0.04× | 0.81× | ||
| Q4 24 | 0.04× | 0.73× | ||
| Q3 24 | 0.04× | 0.68× | ||
| Q2 24 | 0.04× | 0.69× |
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 | $-47.7M |
| 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.
| Q1 26 | — | $-47.7M | ||
| Q4 25 | $368.6M | $23.3M | ||
| Q3 25 | $150.6M | $51.0M | ||
| Q2 25 | $64.0M | $36.0M | ||
| Q1 25 | $99.0M | $-46.9M | ||
| Q4 24 | $329.2M | $6.2M | ||
| Q3 24 | $81.2M | $37.2M | ||
| Q2 24 | $72.9M | $52.4M |
| Q1 26 | — | — | ||
| Q4 25 | $363.7M | $14.1M | ||
| Q3 25 | $150.1M | $45.2M | ||
| Q2 25 | $62.7M | $29.1M | ||
| Q1 25 | $96.3M | $-50.3M | ||
| Q4 24 | $325.5M | $-98.0K | ||
| Q3 24 | $80.0M | $33.2M | ||
| Q2 24 | $72.4M | $47.9M |
| Q1 26 | — | — | ||
| Q4 25 | 163.2% | 14.1% | ||
| Q3 25 | 71.3% | 27.9% | ||
| Q2 25 | 31.9% | 16.8% | ||
| Q1 25 | 51.2% | -45.2% | ||
| Q4 24 | 174.6% | -0.1% | ||
| Q3 24 | 42.2% | 22.1% | ||
| Q2 24 | 40.5% | 29.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 9.2% | ||
| Q3 25 | 0.2% | 3.6% | ||
| Q2 25 | 0.6% | 4.0% | ||
| Q1 25 | 1.4% | 3.1% | ||
| Q4 24 | 1.9% | 7.2% | ||
| Q3 24 | 0.6% | 2.7% | ||
| Q2 24 | 0.3% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.07× | — | ||
| Q3 25 | 1.94× | 6.29× | ||
| Q2 25 | 0.83× | 2.25× | ||
| Q1 25 | 1.42× | — | ||
| Q4 24 | 4.10× | — | ||
| Q3 24 | 1.20× | 6.32× | ||
| Q2 24 | 1.09× | 3.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
