LOS ANGELES (AP) — LOS ANGELES (AP) — Cathay General Bancorp (CATY) on Wednesday reported third-quarter net income of $95.2 million.

The bank, based in Los Angeles, said it had earnings of $1.43 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.

The holding company for Cathay Bank posted revenue of $387.9 million in the period. Its revenue net of interest expense was $254.6 million, which beat Street forecasts. Three analysts surveyed by Zacks expected $228.2 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATY at https://www.zacks.com/ap/CATY

Source