LOS ANGELES (AP) _ Cathay General Bancorp (CATY) on Monday reported first-quarter earnings of $46.9 million.

The bank, based in Los Angeles, said it had earnings of 59 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The holding company for Cathay Bank posted revenue of $192.5 million in the period. Its revenue net of interest expense was $146.1 million, which topped Street forecasts.

Cathay shares have fallen 33% since the beginning of the year. In the final minutes of trading on Monday, shares hit $25.40, a drop of 29% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATY at https://www.zacks.com/ap/CATY

Automated Insights, source Associated Press News