Cadence Bank (CADE)

Market Cap	4.54B
Revenue (ttm)	1.82B
Net Income (ttm)	381.17M
Shares Out	182.66M
EPS (ttm)	2.03
PE Ratio	12.07
Forward PE	9.97
Dividend	$0.94 (3.78%)
Ex-Dividend Date	Dec 14, 2023

Volume	17,879
Open	24.69
Previous Close	24.50
Day's Range	24.80 - 24.94
52-Week Range	16.95 - 29.17
Beta	1.01
Analysts	Buy
Price Target	25.88 (+4.12%)
Earnings Date	Oct 23, 2023

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: 6,160
• Stock Exchange: NYSE
• Ticker Symbol: CADE

Financial Performance

In 2022, Cadence Bank's revenue was $1.84 billion, an increase of 55.79% compared to the previous year's $1.18 billion. Earnings were $463.24 million, an increase of 137.36%.

Analyst Forecast

According to 8 analysts, the average rating for CADE stock is "Buy." The 12-month stock price forecast is $25.88, which is an increase of 4.12% from the latest price.

Price Target

$25.88

(4.12% upside)

Analyst Consensus: Buy