Dunson Cheng Biography and Net Worth

Executive Chairman of the Board of Cathay General Bancorp


Dunson K. Cheng Ph.D. serves as Executive Chairman of the Board of the Company and the Bank of the Company. Mr. has been the Executive Chairman of the Board of Bancorp and Cathay Bank since October 1, 2016. He was the Chairman of the Board, President, and Chief Executive Officer of Bancorp and Chairman of the Board and Chief Executive Officer of Cathay Bank from 1994 to September 2016, and the President of Cathay Bank from 1985 to March 2015. Mr. Cheng has over 30 years of banking experience. He also serves on the boards of DiCon Fiberoptics, Inc. (a supplier of optical components, integrated modules, and test equipment for the fiber optics industry) and Tsinghua Education Foundation (N.A.) Inc. He formerly served on the board of directors of the California Bankers Association. Mr. Cheng received a Ph.D. in Physics. He has been a Director of Cathay Bank since 1982 and of Bancorp since it was formed as a holding company in 1990. Mr. Cheng provides to the Board his extensive banking experience, his broad knowledge of the business and operations of Bancorp and Cathay Bank, and his strong management and leadership skills. His tenure as an officer and a director for over 30 years affords the Board valuable insight regarding all aspects of the business and operations of Bancorp and Cathay Bank.

What is Dunson K. Cheng's net worth?

The estimated net worth of Dunson K. Cheng is at least $7.48 million as of August 26th, 2024. Mr. Cheng owns 149,566 shares of Cathay General Bancorp stock worth more than $7,481,291 as of December 17th. This net worth estimate does not reflect any other investments that Mr. Cheng may own. Additionally, Mr. Cheng receives a salary of $1,280,000.00 as Executive Chairman of the Board at Cathay General Bancorp. Learn More about Dunson K. Cheng's net worth.

How old is Dunson K. Cheng?

Mr. Cheng is currently 79 years old. There are 3 older executives and no younger executives at Cathay General Bancorp. Learn More on Dunson K. Cheng's age.

What is Dunson K. Cheng's salary?

As the Executive Chairman of the Board of Cathay General Bancorp, Mr. Cheng earns $1,280,000.00 per year. The highest earning executive at Cathay General Bancorp is Mr. Chang Ming Liu, CEO, President & Director, who commands a salary of $1,700,000.00 per year. Learn More on Dunson K. Cheng's salary.

How do I contact Dunson K. Cheng?

The corporate mailing address for Mr. Cheng and other Cathay General Bancorp executives is 777 N BROADWAY, LOS ANGELES CA, 90012. Cathay General Bancorp can also be reached via phone at (213) 625-4700 and via email at [email protected]. Learn More on Dunson K. Cheng's contact information.

Has Dunson K. Cheng been buying or selling shares of Cathay General Bancorp?

Dunson K. Cheng has not been actively trading shares of Cathay General Bancorp during the last quarter. Most recently, Dunson K. Cheng sold 12,401 shares of the business's stock in a transaction on Monday, August 26th. The shares were sold at an average price of $44.79, for a transaction totalling $555,440.79. Following the completion of the sale, the chairman now directly owns 149,566 shares of the company's stock, valued at $6,699,061.14. Learn More on Dunson K. Cheng's trading history.

Who are Cathay General Bancorp's active insiders?

Cathay General Bancorp's insider roster includes Kim Bingham (EVP), Dunson Cheng (Executive Chairman of the Board), Anthony Tang (Vice Chairman), and Peter Wu (Vice Chairman). Learn More on Cathay General Bancorp's active insiders.

Are insiders buying or selling shares of Cathay General Bancorp?

During the last year, insiders at the bank sold shares 7 times. They sold a total of 93,590 shares worth more than $4,532,778.24. The most recent insider tranaction occured on November, 6th when Vice Chairman Peter Wu sold 40,000 shares worth more than $2,114,800.00. Insiders at Cathay General Bancorp own 4.8% of the company. Learn More about insider trades at Cathay General Bancorp.

Information on this page was last updated on 11/6/2024.

Dunson K. Cheng Insider Trading History at Cathay General Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/26/2024Sell12,401$44.79$555,440.79149,566View SEC Filing Icon  
8/16/2022Sell1,000$45.49$45,490.0086,984View SEC Filing Icon  
8/11/2022Sell1,000$43.77$43,770.0087,984View SEC Filing Icon  
8/9/2022Sell2,000$42.29$84,580.0088,984View SEC Filing Icon  
8/4/2022Sell10,000$41.50$415,000.0099,984View SEC Filing Icon  
2/9/2021Sell11,975$37.52$449,302.0074,583View SEC Filing Icon  
12/6/2019Sell17,969$37.62$675,993.7843,015View SEC Filing Icon  
11/27/2018Sell31,000$38.69$1,199,390.0030,828View SEC Filing Icon  
5/7/2018Sell23,333$41.20$961,319.6075,161View SEC Filing Icon  
5/4/2018Sell10,000$41.12$411,200.0075,161View SEC Filing Icon  
4/27/2018Sell26,667$40.78$1,087,480.2697,124View SEC Filing Icon  
2/12/2018Sell20,000$41.92$838,400.0097,124View SEC Filing Icon  
12/11/2017Sell50,000$42.45$2,122,500.00119,591View SEC Filing Icon  
3/7/2017Sell17,555$39.27$689,384.85192,146View SEC Filing Icon  
3/6/2017Sell20,000$39.25$785,000.00192,146View SEC Filing Icon  
3/3/2017Sell61,417$40.26$2,472,648.42233,563View SEC Filing Icon  
2/16/2017Sell24,240$38.93$943,663.20220,032View SEC Filing Icon  
12/5/2016Sell20,000$36.07$721,400.00263,907View SEC Filing Icon  
12/1/2016Sell60,000$35.41$2,124,600.00273,907View SEC Filing Icon  
11/28/2016Sell94,970$35.95$3,414,171.50293,907View SEC Filing Icon  
11/22/2016Sell40,000$35.62$1,424,800.00263,907View SEC Filing Icon  
11/18/2016Sell27,500$35.61$979,275.00248,907View SEC Filing Icon  
3/25/2013Sell4,637$20.18$93,574.66View SEC Filing Icon  
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Dunson K. Cheng Buying and Selling Activity at Cathay General Bancorp

This chart shows Dunson K Cheng's buying and selling at Cathay General Bancorp by year and by quarter.

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Cathay General Bancorp Company Overview

Cathay General Bancorp logo
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, safe deposit, collection, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. Cathay General Bancorp was founded in 1962 and is headquartered in Los Angeles, California.
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Today's Range

Now: $50.02
Low: $49.83
High: $51.08

50 Day Range

MA: $48.96
Low: $42.09
High: $53.85

2 Week Range

Now: $50.02
Low: $33.88
High: $55.29

Volume

562,674 shs

Average Volume

326,369 shs

Market Capitalization

$3.56 billion

P/E Ratio

12.60

Dividend Yield

2.67%

Beta

1.12