Cadence Bank (CADE)

Market Cap	6.52B
Revenue (ttm)	1.27B
Net Income (ttm)	640.47M
Shares Out	182.97M
EPS (ttm)	3.51
PE Ratio	55.32
Forward PE	12.75
Dividend	$1.00 (2.81%)
Ex-Dividend Date	Dec 13, 2024

Volume	714,496
Open	35.64
Previous Close	35.29
Day's Range	35.23 - 35.84
52-Week Range	24.99 - 40.20
Beta	1.01
Analysts	Buy
Price Target	37.55 (+5.33%)
Earnings Date	Jan 22, 2025

About CADE

Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services. The company’s products and services also comprise small business administration lending, foreign exchange, wealth management, investment and trust, financial planning, retirement plan managem...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1876
• Employees: 5,333
• Stock Exchange: NYSE
• Ticker Symbol: CADE
• Website: https://cadencebank.com

Financial Performance

In 2023, Cadence Bank's revenue was $1.16 billion, a decrease of -31.53% compared to the previous year's $1.69 billion. Earnings were $532.82 million, an increase of 17.43%.

Analyst Forecast

According to 11 analysts, the average rating for CADE stock is "Buy." The 12-month stock price forecast is $37.55, which is an increase of 5.33% from the latest price.

Price Target

$37.55

(5.33% upside)

Analyst Consensus: Buy