Cadence Bank (FRA:BTO0)

Cadence Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,215	2,171	2,009	1,350	766.22	708.42
Interest Income on Investments	344.73	376.56	300.91	210.37	115.82	91.07
Total Interest Income	2,560	2,547	2,310	1,561	882.03	799.49
Interest Paid on Deposits	959.36	957.32	734.15	139.67	60.85	90.75
Interest Paid on Borrowings	70.92	153.82	224.66	69.63	15.48	17.78
Total Interest Expense	1,030	1,111	958.81	209.29	76.32	108.53
Net Interest Income	1,530	1,436	1,351	1,351	805.71	690.97
Net Interest Income Growth (YoY)	8.77%	6.28%	0.01%	67.71%	16.61%	6.31%
Trust Income	97.07	94.92	86.93	80.49	39.51	26.21
Mortgage Banking Activities	23.37	17.3	18.98	44.86	58.05	86.25
Gain (Loss) on Sale of Investments	4.3	-2.96	-435.65	-0.38	-0.4	0.06
Other Non-Interest Income	113.83	123.51	101.9	85.89	35.11	147.83
Total Non-Interest Income	363.21	356.51	-116.34	342.49	242.91	336.5
Non-Interest Income Growth (YoY)	-	-	-	40.99%	-27.82%	19.89%
Revenues Before Loan Losses	1,893	1,793	1,235	1,694	1,049	1,027
Provision for Loan Losses	98	71	80	7	138.06	89.04
Revenue	1,795	1,722	1,155	1,687	910.55	938.43
Revenue Growth (YoY)	41.19%	49.06%	-31.52%	85.25%	-2.97%	1.00%
Salaries and Employee Benefits	603.47	576.6	594.74	597.24	356.03	400.01
Occupancy Expenses	100.12	96.61	91.57	92.76	76.24	60.28
Federal Deposit Insurance	35.54	39.92	72.22	18.71	8.7	6.73
Amortization of Goodwill & Intangibles	19.16	15.9	19.39	18.43	10.73	9.61
Selling, General & Administrative	201.72	194.27	207.99	211.47	99.08	92.94
Other Non-Interest Expense	136.36	122.23	164.82	120.3	75.13	75.98
Total Non-Interest Expense	1,096	1,046	1,151	1,059	625.93	645.54
EBT Excluding Unusual Items	698.4	676.2	4.28	627.87	284.63	292.89
Pretax Income	676.12	676.2	-0.91	577.02	224.73	287.55
Income Tax Expense	145.69	152.59	-4.59	129.71	45.96	59.49
Earnings From Continuing Operations	530.43	523.6	3.68	447.32	178.78	228.05
Earnings From Discontinued Operations	-	-	538.62	15.92	16.39	-
Net Income	530.43	523.6	542.3	463.24	195.16	228.05
Preferred Dividends & Other Adjustments	11.86	9.49	9.49	9.49	9.49	9.49
Net Income to Common	518.57	514.12	532.82	453.75	185.67	218.56
Net Income Growth	-18.39%	-3.45%	17.07%	137.36%	-14.42%	-2.65%
Basic Shares Outstanding	184	183	183	184	120	103
Diluted Shares Outstanding	187	186	183	184	121	103
Shares Change (YoY)	1.95%	1.63%	-1.02%	52.90%	16.81%	1.47%
EPS (Basic)	2.81	2.81	2.92	2.47	1.54	2.12
EPS (Diluted)	2.77	2.77	2.92	2.46	1.54	2.12
EPS Growth	-21.04%	-5.07%	18.79%	59.94%	-27.56%	-7.83%
Dividend Per Share	1.075	1.000	0.940	0.880	0.780	0.745
Dividend Growth	9.69%	6.38%	6.82%	12.82%	4.70%	4.93%
Effective Tax Rate	21.55%	22.57%	-	22.48%	20.45%	20.69%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.