Cadence Bank (CADE)
| Market Cap | 6.24B |
| Revenue (ttm) | 1.27B |
| Net Income (ttm) | 640.47M |
| Shares Out | 182.97M |
| EPS (ttm) | 3.51 |
| PE Ratio | 52.88 |
| Forward PE | 12.20 |
| Dividend | $1.00 (2.93%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 3,273,042 |
| Open | 33.48 |
| Previous Close | 33.77 |
| Day's Range | 33.48 - 34.49 |
| 52-Week Range | 24.99 - 40.20 |
| Beta | 1.00 |
| Analysts | Buy |
| Price Target | 37.08 (+8.8%) |
| Earnings Date | Jan 27, 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for CADE stock is "Buy." The 12-month stock price forecast is $37.08, which is an increase of 8.80% from the latest price.
News
Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group
ATLANTA , Nov. 20, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust. ...
Cadence Bank Declares Quarterly Common and Preferred Dividends
HOUSTON and TUPELO, Miss. , Oct. 23, 2024 /PRNewswire/ -- At its meeting today, the board of directors of Cadence Bank (NYSE: CADE) (Cadence) declared a quarterly cash dividend of $0.25 per share of c...
Cadence Bank (CADE) Q3 2024 Earnings Call Transcript
Cadence Bank (NYSE:CADE) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Will Fisackerly - Director, Corporate Finance Dan Rollins - Chairman and Chief Executive Of...
Cadence Bank Announces Third Quarter 2024 Financial Results
HOUSTON and TUPELO, Miss. , Oct. 21, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended September 30, 2024.
Cadence Bank: Above-Average NIM Prospects Can Lead To Continuing Outperformance
Southern bank Cadence has outperformed over the past 12 months, as its net interest margin has perked up after being hurt following the steep rise in industry-wide funding costs. CADE had a slightly w...
Cadence Bank Announces Third Quarter 2024 Earnings Webcast Schedule
HOUSTON and TUPELO, Miss. , Sept. 24, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its third quarter 2024 earnings on Monday, October 21, 2024, after the close of the financial markets.
The Good And Bad: Ford Motor Company & Cadence Bank
Ten new stocks made the Most Attractive list this month, while three new stocks joined the Most Dangerous list.
Cadence Bank (CADE) Q2 2024 Earnings Call Transcript
Cadence Bank (NYSE:CADE) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Will Fisackerly - Director, Finance Dan Rollins - Chairman & CEO Valerie Toalson - CFO Chris B...
Cadence Bank: Residential Mortgages Drive Growth
Cadence Bank beats EPS and revenue estimates in recent results. The loan portfolio is shifting towards Residential Mortgages, with less focus on C&I Non-Real Estate Loans. CADE stock remains a hold, w...
Cadence Bank Announces Second Quarter 2024 Financial Results
HOUSTON and TUPELO, Miss. , July 22, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended June 30, 2024.
Cadence Bank Announces Second Quarter 2024 Earnings Webcast Schedule
HOUSTON and TUPELO, Miss. , June 26, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its second quarter 2024 earnings on Monday, July 22, 2024, after the close of the financial markets.
Cadence Bank (CADE) Q1 2024 Earnings Call Transcript
Cadence Bank (NYSE:CADE) Q1 2024 Earnings Conference Call April 23, 2024 11:00 AM ET Company Participants Will Fisackerly - Director, Finance Dan Rollins - Chairman and CEO Valerie Toalson - CFO Chri...
Cadence Bank Announces First Quarter 2024 Financial Results
HOUSTON and TUPELO, Miss. , April 22, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended March 31, 2024.
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
HOUSTON and TUPELO, Miss. , March 29, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced changes to its organizational structure, as well as new and increased responsibilities for several ...
Cadence Bank Announces First Quarter 2024 Earnings Webcast Schedule
HOUSTON and TUPELO, Miss. , March 26, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its first quarter 2024 earnings on Monday, April 22, 2024, after the close of the financial markets.
Cadence Bank (CADE) Q4 2023 Earnings Call Transcript
Cadence Bank (CADE) Q4 2023 Earnings Call Transcript
Cadence Bank Announces Fourth Quarter 2023 and Annual Financial Results
HOUSTON and TUPELO, Miss. , Jan. 29, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter and year ended December 31, 2023.
Cadence Bank Announces Increase in Quarterly Common Dividend; Declares Preferred Dividend
TUPELO, Miss. and HOUSTON , Jan. 24, 2024 /PRNewswire/ -- At its meeting today, the board of directors of Cadence Bank (NYSE: CADE) (Cadence) declared a quarterly cash dividend of $0.25 per share of c...
10 Southeast U.S. Nonprofits To Share $150,000 from Cadence Bank's Cadence Cares Holiday Program
Bank customers, teammates and community members come together to award donations to 10 community-focused nonprofit organizations. HOUSTON and TUPELO, Miss.
Cadence Bank Announces Fourth Quarter and Year End 2023 Earnings Webcast Schedule
HOUSTON and TUPELO, Miss. , Jan. 4, 2024 /PRNewswire/ --Cadence Bank (NYSE: CADE) will release its fourth-quarter 2023 earnings on Monday, January 29, 2024, after the close of the financial markets.
Cadence Bank Announces 2024 Share Repurchase Program
HOUSTON and TUPELO, Miss. , Dec. 13, 2023 /PRNewswire/ -- Cadence Bank's (NYSE: CADE) (Cadence) Board of Directors authorized a new share repurchase program allowing the company to purchase up to an a...
Linscomb & Williams Named to Barron's Top 100 RIA Firms for Second Year
HOUSTON , Dec. 7, 2023 /PRNewswire/ -- Linscomb and Williams (L&W), a Cadence Bank (NYSE: CADE) subsidiary providing wealth advisory services, has once again been named to the Barron's Top 100 RIA (re...
Arthur J. Gallagher & Co. Completes Acquisition of Cadence Insurance, Inc.
ROLLING MEADOWS, Ill. , Nov. 30, 2023 /PRNewswire/ -- Arthur J.
Cadence Bank Completes the Sale of Cadence Insurance, Inc. to Arthur J. Gallagher & Co.
The $904 million cash sale supports Cadence Bank's focus on building its core banking business and continuing its long-term strategic initiatives. HOUSTON and TUPELO, Miss.
Cadence Bank and FHLB Dallas Celebrate Opening of Affordable Apartments at Renewal Ranch
HOUSTON, Ark.--(BUSINESS WIRE)--Representatives from Cadence Bank (NYSE: CADE) and the Federal Home Loan Bank of Dallas (FHLB Dallas) were joined by local dignitaries as they celebrated the opening an...