|Bid||35.20 x 1100|
|Ask||35.21 x 3000|
|Day's range||35.04 - 35.52|
|52-week range||24.31 - 36.60|
|Beta (5Y monthly)||0.68|
|PE ratio (TTM)||12.81|
|Forward dividend & yield||1.10 (3.08%)|
|Ex-dividend date||19 Aug 2021|
|1y target est||39.43|
Now, I would like to turn the call over to Georgia Lo, investor relations of Cathay General Bancorp. Here to discuss the financial results today are Mr. Chang Liu, our president and chief executive officer; and Mr. Heng Chen, our executive vice president and chief financial officer.
Since its spinoff from the Royal Bank of Scotland (now NatWest Group) in 2015, the $188 billion asset Citizens Financial Group (NYSE: CFG), based in Rhode Island, has been working to become a top-performing national bank. Here are four reasons Citizens is well positioned this year. Most banks benefit when the Federal Reserve raises its benchmark overnight lending rate (the federal funds rate) because they tend to see more of their loan yields reprice higher with this rate than their deposit rates.