Cadence Bank (CADE)

Market Cap	6.91B
Revenue (ttm)	1.27B
Net Income (ttm)	640.47M
Shares Out	182.97M
EPS (ttm)	3.51
PE Ratio	10.58
Forward PE	13.34
Dividend	$1.00 (2.70%)
Ex-Dividend Date	Dec 13, 2024

Volume	104,624
Open	37.44
Previous Close	37.11
Day's Range	37.36 - 37.79
52-Week Range	24.15 - 39.79
Beta	0.97
Analysts	Buy
Price Target	35.50 (-5.96%)
Earnings Date	Oct 21, 2024

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 12 analysts, the average rating for CADE stock is "Buy." The 12-month stock price forecast is $35.5, which is a decrease of -5.96% from the latest price.

Price Target

$35.5

(-5.96% downside)

Analyst Consensus: Buy