Cadence Bank (FRA:BTO0)

Cadence Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	2,264	2,171	2,009	1,350	766.22
Interest Income on Investments	362.09	376.56	300.91	210.37	115.82
Total Interest Income	2,626	2,547	2,310	1,561	882.03
Interest Paid on Deposits	952.39	957.32	734.15	139.67	60.85
Interest Paid on Borrowings	82.16	153.82	224.66	69.63	15.48
Total Interest Expense	1,035	1,111	958.81	209.29	76.32
Net Interest Income	1,592	1,436	1,351	1,351	805.71
Net Interest Income Growth (YoY)	10.84%	6.28%	0.01%	67.71%	16.61%
Trust Income	98.48	94.92	86.93	80.49	39.51
Mortgage Banking Activities	25.95	17.3	18.98	44.86	58.05
Gain (Loss) on Sale of Investments	4.3	-2.96	-435.65	-0.38	-0.4
Other Non-Interest Income	123.66	123.51	101.9	85.89	35.11
Total Non-Interest Income	378.53	356.51	-116.34	342.49	242.91
Non-Interest Income Growth (YoY)	6.18%	-	-	40.99%	-27.82%
Revenues Before Loan Losses	1,970	1,793	1,235	1,694	1,049
Provision for Loan Losses	111	71	80	7	138.06
Revenue	1,859	1,722	1,155	1,687	910.55
Revenue Growth (YoY)	8.00%	49.06%	-31.52%	85.25%	-2.97%
Salaries and Employee Benefits	668.67	576.6	594.74	597.24	356.03
Occupancy Expenses	120.39	96.61	91.57	92.76	76.24
Federal Deposit Insurance	33.66	39.92	72.22	18.71	8.7
Amortization of Goodwill & Intangibles	22.76	15.9	19.39	18.43	10.73
Selling, General & Administrative	152.4	194.27	207.99	211.47	99.08
Other Non-Interest Expense	137.78	122.23	164.82	120.3	75.13
Total Non-Interest Expense	1,136	1,046	1,151	1,059	625.93
EBT Excluding Unusual Items	723.82	676.2	4.28	627.87	284.63
Pretax Income	695.71	676.2	-0.91	577.02	224.73
Income Tax Expense	151.24	152.59	-4.59	129.71	45.96
Earnings From Continuing Operations	544.46	523.6	3.68	447.32	178.78
Earnings From Discontinued Operations	-	-	538.62	15.92	16.39
Net Income	544.46	523.6	542.3	463.24	195.16
Preferred Dividends & Other Adjustments	11.86	9.49	9.49	9.49	9.49
Net Income to Common	532.6	514.12	532.82	453.75	185.67
Net Income Growth	3.98%	-3.45%	17.07%	137.36%	-14.42%
Basic Shares Outstanding	188	183	183	184	120
Diluted Shares Outstanding	188	186	183	184	121
Shares Change (YoY)	1.35%	1.63%	-1.02%	52.90%	16.81%
EPS (Basic)	2.83	2.81	2.92	2.47	1.54
EPS (Diluted)	2.83	2.77	2.92	2.46	1.54
EPS Growth	2.17%	-5.07%	18.79%	59.94%	-27.56%
Dividend Per Share	1.100	1.000	0.940	0.880	0.780
Dividend Growth	10.00%	6.38%	6.82%	12.82%	4.70%
Effective Tax Rate	21.74%	22.57%	-	22.48%	20.45%

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