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Dean Capital Management Boosts Stake in Cathay General Bancorp
The investment firm increased its holdings in the California-based bank by 32% in the third quarter.
Mar. 16, 2026 at 9:50am
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Dean Capital Management, an investment management firm, boosted its holdings in shares of Cathay General Bancorp (NASDAQ:CATY) by 32.0% in the third quarter. The fund now owns 68,344 shares of the bank's stock, valued at $3,281,000, making it the 13th largest holding in Dean Capital Management's portfolio.
Why it matters
Cathay General Bancorp is a prominent Asian-American bank headquartered in Los Angeles, California. The increase in Dean Capital Management's stake suggests the firm sees growth potential in the bank, which has expanded from a single branch to become one of the largest Asian-American banks in the U.S.
The details
Dean Capital Management purchased an additional 16,563 shares of Cathay General Bancorp during the third quarter, bringing its total holdings to 68,344 shares. The investment firm now owns 1.3% of the bank's outstanding stock. Cathay General Bancorp provides a full suite of financial services to commercial, institutional, and retail clients, with a focus on relationship banking and tailored solutions.
- Dean Capital Management increased its stake in Cathay General Bancorp during the third quarter of 2026.
The players
Dean Capital Management
An investment management firm that has increased its stake in Cathay General Bancorp, making it the 13th largest holding in the firm's portfolio.
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.
The takeaway
The increase in Dean Capital Management's stake in Cathay General Bancorp suggests the firm sees growth potential in the bank, which has expanded from a single branch to become a prominent player in the Asian-American banking market.
