Friday, 22 July 2016

Cathay General Profit Plunges as Chargeoffs Soar

Second-quarter earnings at Cathay General Bancorp in Los Angeles fell 22.9% to $34.8 million from a year earlier on a triple-digit spike in chargeoffs.

source http://www.americanbanker.com/news/community-banking/cathay-general-profit-plunges-as-chargeoffs-soar-1090348-1.html

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