Citigroup Reduces Stake in Cathay General Bancorp

Institutional investor sells over 35,000 shares of the Asian-American bank holding company.

Published on Mar. 6, 2026

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Citigroup Inc. decreased its holdings in shares of Cathay General Bancorp (NASDAQ:CATY) by 32.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm sold 35,177 shares during the period, reducing its stake in the bank to 73,280 shares, or approximately 0.11% of the company's stock.

Why it matters

Cathay General Bancorp is one of the largest Asian-American banks in the United States, with a focus on serving the Chinese-American community. The reduction in Citigroup's stake could signal a shift in investor sentiment or portfolio strategy, potentially impacting the bank's stock price and access to capital.

The details

According to the 13F filing, Citigroup sold 35,177 shares of Cathay General Bancorp during the third quarter, reducing its total holdings to 73,280 shares. The bank's stock is currently trading at around $49.54 per share, with a market capitalization of $3.32 billion.

  • Citigroup decreased its holdings in Cathay General Bancorp during the 3rd quarter of 2026.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation headquartered in New York City.

Cathay General Bancorp

A bank holding company headquartered in Los Angeles, California, and the parent company of Cathay Bank, one of the largest Asian-American banks in the United States.

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The takeaway

The reduction in Citigroup's stake in Cathay General Bancorp could signal a shift in investor sentiment or portfolio strategy, potentially impacting the bank's stock price and access to capital. As one of the largest Asian-American banks in the country, Cathay General Bancorp's performance and ownership changes are closely watched by the community it serves.