Reflecting On Regional Banks Stocks’ Q2 Earnings: Cathay General Bancorp (NASDAQ:CATY)
Cathay General Bancorp (CATY) stock rose 5.2% post-earnings, trading at $52.59. Banc of California (BANC) missed revenue expectations, down 12.1% to $18.63. Old National Bank (ONB) beat revenue estimates but missed net interest income, down 2.3% to $25.58. Hope Bancorp (HOPE) met revenue expectations, up 4% to $13.99.
How this was made

The 30-second read
Why it matters
Earnings releases drive short‑term price moves and may influence sector rotation.
Market read
Earnings data provide actionable insight for traders focusing on regional banking stocks.
What to watch
Potential impact of upcoming interest‑rate environment on net interest income.
Background
The article reviews Q2 earnings of several U.S. regional banks, comparing revenue beats and misses.
Ticker impact
Cathay General Bancorp reported Q2 earnings, stock up 5.2% to $52.59.
Potential further upside if momentum continues.
Revenue beat and price rise suggest bullish short-term sentiment.
Banc of California posted Q2 revenue $285.7M, missed earnings estimates, stock down 12.1% to $18.63.
Further downside possible pending guidance.
Revenue beat insufficient; key metrics missed, prompting sell pressure.
Old National Bank reported Q2 revenue $726.9M, beat expectations, stock down 2.3% to $25.58.
Sideways to slight upside if earnings guidance improves.
Revenue beat offset by net interest income miss, limiting upside.
Hope Bancorp posted Q2 revenue $145.8M in line with expectations, stock up 4% to $13.99.
Potential incremental gains on stable performance.
Stable earnings and price rise suggest limited but positive sentiment.
Market effects
Regional bank earnings highlight divergent performance across the sector.
West Coast and Midwest banks show mixed results, influencing local investor sentiment.
Limited to U.S. regional banking sector, no broader macro impact.
Counterpoint
Despite earnings misses, some banks may be undervalued given strong balance sheets.
Key entities
- CompanyCathay General Bancorp
Regional bank reporting earnings.
- CompanyBanc of California
Regional bank with earnings miss.
- CompanyOld National Bancorp
Regional bank with mixed earnings.
- CompanyHope Bancorp
Regional bank with in‑line earnings.



