Cathay Pacific Bank (CATY) 2024 Fourth Quarter Earnings Conference Call Transcript

Cathay Universal Bank (NASDAQ: CATY) 2024 Fourth Quarter Earnings Conference Call January 22, 2025, 6:00 PM ET

corporate participants

Georgia Lo – Investor Relations
Liu Chang – President and CEO
Chen Heng – Executive Vice President, Chief Financial Officer and Treasurer

conference call participants

Matthew Clark – Piper Sandler
Christopher McGraty-KBW
Gary Tanner – DA Davidson

operator

Good afternoon, ladies and gentlemen, and welcome to Cathay Universal Bank’s 2024 Fourth Quarter and Full Year Earnings Conference Call. my name is asha [ph]I will be your coordinator for today. At this point, all participants are in listen-only mode. Prepared remarks will be followed by a question and answer session. [Operator Instructions]. Today’s conference call is being recorded and will be replayed at www.cathaygeneralbancorp.com.

I’d now like to turn the call over to Georgia Lo, Investor Relations, Cathay Universal Bank.

Georgia

Thank you, Asha, and good afternoon. Our President and Chief Executive Officer, Mr. Liu Chang, is here today to discuss financial performance; and our Executive Vice President and Chief Financial Officer, Mr. Chen Heng.

Before we begin, we would like to remind you that speakers on this call may make forward-looking statements regarding future results and events pursuant to applicable provisions of the Private Securities Litigation Reform Act of 1995, and that these statements are subject to certain risks and Uncertainties could cause actual results to differ materially. These risks and uncertainties are further described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (specifically, Item 1A) and other reports and documents filed from time to time with the Securities and Exchange Commission.

Therefore, we caution you not to place undue reliance on such forward-looking statements. Any forward-looking statements represent only