Rep. Cisneros Buys Cathay General Bancorp Shares

Democratic Congressman discloses stock purchase in major Asian-American bank

Apr. 11, 2026 at 12:10am

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An extreme close-up of the heavy, industrial machinery and mechanisms that make up the door of a bank vault, conveying a sense of the tangible, physical security and stability of the banking industry.The complex inner workings of a bank's security infrastructure reflect the institutional power and stability of the financial sector.Los Angeles Today

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought between $1,001 and $15,000 worth of shares in Cathay General Bancorp (NASDAQ:CATY), a major Asian-American bank headquartered in Los Angeles. The trade was disclosed in a filing on April 7th and occurred in the Representative's personal investment account.

Why it matters

As a member of Congress, Cisneros' personal financial dealings are subject to public disclosure requirements. This purchase of Cathay General Bancorp stock, a prominent regional bank, provides insight into the investment decisions of a sitting Representative.

The details

The stock purchase was made on March 3rd in Cisneros' '150 MAIN STREET TRUST > BANK OF AMERICA' account. Cathay General Bancorp is a bank holding company that provides a range of financial services through its subsidiary Cathay Bank, which was founded in 1962 by Chinese-American entrepreneurs in Los Angeles.

  • The stock purchase was disclosed in a filing on April 7th, 2026.
  • The trade occurred on March 3rd, 2026.

The players

Representative Gilbert Ray Cisneros, Jr.

A Democratic member of the U.S. House of Representatives, serving California's 31st Congressional District since 2025. Cisneros is running for re-election in 2026.

Cathay General Bancorp

A bank holding company headquartered in Los Angeles, California, trading on NASDAQ under the symbol CATY. Its principal subsidiary is Cathay Bank, one of the largest Asian-American banks in the United States.

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The takeaway

This purchase highlights the financial dealings of a sitting member of Congress, which are subject to public disclosure requirements. It provides insight into the investment decisions of an elected official, though the specific motivations behind the Cathay General Bancorp stock purchase are not clear from the available information.