Cadence Bancorporation (CADE)
Stock Price Chart
Key Info
| Market Cap | 977.85M |
| Revenue (ttm) | 587.44M |
| Net Income (ttm) | -255.55M |
| Shares Out | 125.93M |
| EPS (ttm) | -2.00 |
| PE Ratio | n/a |
| Forward PE | 8.87 |
| Dividend | $0.20 |
| Dividend Yield | 2.58% |
Stock Quote
| Trading Day | Jul 14, 2020 |
| Last Price | $7.77 |
| Previous Close | $7.98 |
| Change ($) | -0.22 |
| Change (%) | -2.69% |
| Day's Open | 7.98 |
| Day's Range | 7.70 - 7.98 |
| Day's Volume | 473,774 |
| 52-Week Range | 4.63 - 20.36 |
More Stats
| Market Cap | 977.85M |
| Enterprise Value | 740.94M |
| Earnings Date (est) | Jul 22, 2020 |
| Ex-Dividend Date | May 7, 2020 |
| Shares Outstanding | 125.93M |
| Float | 122.01M |
| EPS (basic) | -2.04 |
| EPS (diluted) | -2.00 |
| FCF / Share | 6.22 |
| Dividend | $0.20 |
| Dividend Yield | 2.58% |
| Earnings Yield | n/a |
| FCF Yield | 80.57% |
| Payout Ratio | n/a |
| Shares Short | 4.72M |
| Short Ratio | 2.14 |
| Short % of Float | 5.22% |
| Beta | 2.02 |
| PE Ratio | n/a |
| Forward PE | 8.87 |
| P/FCF Ratio | 1.24 |
| PS Ratio | 1.66 |
| PB Ratio | 0.45 |
| Revenue | 587.44M |
| Operating Income | -245.55M |
| Net Income | -255.55M |
| Free Cash Flow | 787.86M |
| Net Cash | 236.91M |
| Net Cash / Share | 1.88 |
| Gross Margin | 114.24% |
| Operating Margin | -41.80% |
| Profit Margin | -43.50% |
| FCF Margin | 134.12% |
| ROA | -1.47% |
| ROE | -11.57% |
| ROIC | -1.50% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|
| Revenue | 671 | 470 | 416 | 318 | 292 | 316 |
| Revenue Growth | 42.88% | 12.81% | 30.73% | 9.19% | -7.7% | - |
| Gross Profit | 671 | 470 | 416 | 318 | 292 | 316 |
| Operating Income | 262 | 211 | 183 | 98.31 | 59.37 | 70.89 |
| Net Income | 202 | 166 | 102 | 65.77 | 39.26 | 44.83 |
| Shares Outstanding | 129 | 83.56 | 81.07 | 75.00 | 75.00 | 75.00 |
| Earnings Per Share | 1.56 | 1.97 | 1.25 | 0.87 | 0.52 | 0.55 |
| EPS Growth | -20.81% | 57.6% | 43.68% | 67.31% | -5.45% | - |
| Dividend Per Share | 0.70 | 0.55 | - | - | - | - |
| Dividend Growth | 27.27% | - | - | - | - | - |
| Operating Cash Flow | 306 | 191 | 145 | 118 | 110 | 92.67 |
| Capital Expenditures | -12.96 | -10.70 | -6.43 | -5.36 | -11.13 | -6.41 |
| Free Cash Flow | 293 | 180 | 138 | 113 | 99.08 | 86.26 |
| Cash & Equivalents | 989 | 779 | 731 | 249 | 467 | 0.00 |
| Total Debt | 372 | 472 | 471 | 332 | 703 | - |
| Net Cash / Debt | 617 | 308 | 260 | -82.79 | -235 | 0.00 |
| Assets | 17,800 | 12,730 | 10,949 | 9,531 | 8,812 | - |
| Liabilities | 15,339 | 11,292 | 9,590 | 8,450 | 7,757 | - |
| Book Value | 2,461 | 1,438 | 1,359 | 1,080 | 1,054 | - |
Company Profile
Company Details
| Full Name | Cadence Bancorporation |
| Country | United States |
| Employees | 1,800 |
| CEO | Paul B. Murphy |
Stock Information
| Ticker Symbol | CADE |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NYSE: CADE |
| IPO Date | April 13, 2017 |
Description
Cadence Bancorporation, a financial holding company, through its subsidiary, Cadence Bank, National Association, provides commercial banking products and services to middle-market commercial businesses, high net worth individuals, business owners, and retail customers in the United States. The company operates through Banking and Financial Services segments. It offers checking, savings, money market, and other deposit accounts. The company also provides commercial and industrial, and commercial and residential real estate loans; other consumer loans, such as home equity, auto, boat, and personal installment loans; and shared national credits. In addition, it offers wealth management and other fiduciary, and private banking services under the Linscomb & Williams and Cadence Trust brands. Further, the company provides life, disability, and long-term care insurance products, as well as buy-sell agreements to retail and commercial customers under the Cadence Investment Services brand through financial consultants and advisors, and third party partners, as well as directly. Additionally, it offers correspondent banking products and services comprising treasury and liquidity management, Fed funds accommodation, wholesale mortgage, and commercial real estate participation services for financial institutions; and payroll and human resources services, payroll cards, and employee health insurance products. The company also provides debit and credit cards; treasury management and merchant services; employee and payroll benefit solutions; and automated clearing house, lock-box, remote deposit capture, foreign exchange, and other treasury services, as well as online, mobile, and telephone banking services. As of December 31, 2018, it operated 66 branch offices in Texas, Alabama, Florida, Mississippi, and Tennessee; and 32 branches throughout Georgia. The company also serves through ATMs and ITMs. Cadence Bancorporation was founded in 1885 and is headquartered in Houston, Texas.