We are excited to announce that Cathay Bank has been recognized as one of Forbes World's Top Performing Mid-Sized Banks. This list, created with market research firm Statista, features 500 banks from 89 countries.
Forbes' evaluated banks based on four key dimensions: profitability, growth and earnings quality, capital and funding resilience, and asset quality and efficiency. Banks were categorized into six tiers based on their total assets, allowing for comparisons among institutions of similar sizes. Cathay Bank was categorized under mid-size banks (Tier 4).
“This recognition reflects the trust of our clients and the dedication of our team members. We remain committed to delivering strong performance, and exceptional service to the communities we serve,” said our President and CEO, Chang M. Liu.
Our inclusion on this inaugural global list underscores our purpose of helping clients, team members, and communities succeed. The recognition reflects our team's commitment to excellence and the value we provide our clients and communities every day.
Cathay Bank operates in nine states, with branch locations in California, New York, Washington, Illinois, Texas, Maryland, Massachusetts, Nevada, and New Jersey. Additionally, we have a branch in Hong Kong and representative offices in Beijing, Shanghai, Taipei, and Ho Chi Minh City.
This article does not constitute legal, accounting or other professional advice. Although the information contained herein is intended to be accurate, Cathay Bank does not assume liability for loss or damage due to reliance on such information.
