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Cadence Bancorporation (CADE)

NYSE: CADE · IEX Real-Time Price · USD
22.98 -0.05 (-0.22%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap2.87B
Revenue (ttm)988.91M
Net Income (ttm)457.63M
Shares Out124.73M
EPS (ttm)3.63
PE Ratio6.34
Forward PE11.67
Dividend$0.43 (1.85%)
Ex-Dividend DateOct 15, 2021
Volume1,419,027
Open23.03
Previous Close23.03
Day's Range22.67 - 23.06
52-Week Range10.40 - 23.37
Beta1.82
AnalystsBuy
Price Target22.83 (-0.7%)
Est. Earnings Daten/a

About CADE

Cadence Bancorporation, a financial holding company, through its subsidiary, Cadence Bank, National Association that provides banking and wealth management services to businesses, high net worth individuals, business owners, and retail customers. It operates through Banking and Financial Services segments. The company accepts checking, savings, money market, time, and other deposit accounts. Its loan products include commercial and industrial loans; commercial and residential real estate loans; other consumer loans, such as personal, family and...

IndustryBanks
IPO DateApr 13, 2017
CEOPaul Murphy
Employees1,800
Stock ExchangeNYSE
Ticker SymbolCADE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CADE stock is "Buy." The 12-month stock price forecast is 22.83, which is a decrease of -0.65% from the latest price.

Price Target
$22.83
(-0.65% downside)
Analyst Consensus: Buy

News

Cadence Bancorporation Amends Payment Date of Special Dividend

HOUSTON--(BUSINESS WIRE)---- $CADE #dividend--Cadence Bancorporation (NYSE: CADE) today announced its previously declared one-time special cash dividend is now payable on October 28, 2021.

10 hours ago - Business Wire

Cadence Bancorporation Declares Special Dividend of $1.25 Per Share

HOUSTON--(BUSINESS WIRE)---- $CADE #dividend--Cadence Bancorporation (NYSE: CADE) announced a one-time, special cash dividend on its shares of Class A Common Stock of $1.25 per share.

6 days ago - Business Wire

BancorpSouth Bank and Cadence Bancorporation Receive Final Regulatory Approval for Merger

TUPELO, Miss. and HOUSTON, Texas, Oct. 15, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) ("BancorpSouth") and Cadence Bancorporation (NYSE: CADE) ("Cadence"), the parent company of Cadence Bank, N.A.

Other symbols:BXS
6 days ago - PRNewsWire

Cadence Bancorp (CADE) to Report Q3 Results: Wall Street Expects Earnings Growth

Cadence Bancorp (CADE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Cadence Bancorporation (CADE) Increases Dividend by 5.3%

Cadence Bancorporation (CADE) announces a hike in quarterly dividend by 5.3%. The new dividend of 15.8 cents per share will be paid out on Oct 22 to shareholders of record as of Oct 18.

1 week ago - Zacks Investment Research

Cadence Bancorporation Declares Quarterly Cash Dividend

HOUSTON--(BUSINESS WIRE)---- $CADE--Cadence Bancorporation (NYSE: CADE) today announced a quarterly cash dividend in the amount of $0.158 per share of outstanding common stock.

1 week ago - Business Wire

Cadence (CADE) to Sell 7 Bank Branches to First Bancshares

Cadence's (CADE) sale of seven Mississippi bank branches is in line with the joint Letter of Agreement entered between Cadence and BancorpSouth in relation to their pending merger.

1 month ago - Zacks Investment Research

The First Agrees to Purchase Seven Cadence Bank Branches

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First, A National Banking Association (“The First”), headquartered in Hattiesburg, Mississippi and subsidiary of The First Bancshares, Inc. (NASDAQ: FBMS “FBMS”)...

Other symbols:FBMS
1 month ago - Business Wire

Cadence (CADE) to Settle Redlining Probes by the DOJ & OCC

Cadence (CADE) agrees to pay more than $8.5 million to settle the DOJ allegation that the bank dodged fair-mortgage lending in the Black and Hispanic neighborhoods of Houston between 2013 and 2017.

1 month ago - Zacks Investment Research

Cadence Bank Announces Settlement of Claims Made by U.S. Department of Justice and the Office of the Comptroller of t...

HOUSTON--(BUSINESS WIRE)--Cadence Bank announces settlements of claims by U.S. Department of Justice and Office of the Comptroller of the Currency.

Other symbols:BXS
1 month ago - Business Wire

BancorpSouth (BXS) Gets Shareholders Nod for Cadence (CADE) Deal

BancorpSouth (BXS) receives shareholder nod for merger deal with Cadence (CADE). The all-stock deal is expected to result in significant synergies.

Other symbols:BXS
2 months ago - Zacks Investment Research

BancorpSouth Bank Shareholders Approve Merger with Cadence Bancorporation

TUPELO, Miss., Aug. 9, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) shareholders today voted to approve its merger with Cadence Bancorporation (NYSE: CADE), the parent company of Cadence Bank, N.A...

Other symbols:BXS
2 months ago - PRNewsWire

Cadence Bancorp (CADE) Surpasses Q2 Earnings and Revenue Estimates

Cadence Bancorp (CADE) delivered earnings and revenue surprises of 71.43% and 3.94%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Cadence Bancorporation Reports Second Quarter 2021 Financial Results

HOUSTON--(BUSINESS WIRE)---- $CADE #earnings--Cadence Bancorporation announced second quarter 2021 financial results with net income of $101.3 million, or $0.80 per share, at quarter end.

2 months ago - Business Wire

BancorpSouth Announces Second Quarter 2021 Results

TUPELO, Miss., July 21, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) (the "Company") today announced financial results for the quarter ended June 30, 2021.

Other symbols:BXS
3 months ago - PRNewsWire

Cadence Bancorp (CADE) Earnings Expected to Grow: Should You Buy?

Cadence Bancorp (CADE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

The 6 Biggest Bank Acquisitions in the First Half of 2021

Bank mergers and acquisitions rebounded in the first half of 2021 after slowing down last year due to the pandemic.

3 months ago - The Motley Fool

Cadence Bancorporation to Host Second Quarter 2021 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)---- $CADE #earnings--Cadence Bancorporation to host second quarter 2021 earnings conference call on July 22, 2021 at 7:30 a.m. CT / 8:30 a.m. ET.

3 months ago - Business Wire

INVESTIGATION ALERT: Halper Sadeh LLP Investigates JCS, MDCA, SNX, ORBC, CADE; Shareholders are Encouraged to Contact...

NEW YORK, June 15, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Communications Systems, Inc. (NASDAQ: JCS)  concerning...

Other symbols:JCSORBCSNX
4 months ago - PRNewsWire

Cadence Bank Announces Strategic Business Alliance With Unity National Bank of Houston

HOUSTON--(BUSINESS WIRE)--Cadence Bank, a subsidiary of Cadence Bancorporation (NYSE: CADE), today announced a strategic business alliance with Houston-based Unity National Bank of Houston (Unity Nation...

4 months ago - Business Wire

Cadence Bancorporation to Participate in Upcoming Virtual Investor Conference

HOUSTON--(BUSINESS WIRE)--Cadence Bancorporation (NYSE: CADE) to participate in Truist Annual Financial Services Conference.

4 months ago - Business Wire

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates NETE, CADE, EFSC, MFNC, STL, AMRB; Shareholders are Encouraged to Co...

NEW YORK, May 25, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Net Element, Inc. (NASDAQ: NETE) concerning potential v...

Other symbols:EFSCNETESTL
4 months ago - PRNewsWire

Confused by Recent Bank Mergers of Equals? Look at Truist to Better Understand

They've sparked doubt from the market, but we can learn more about them from this example.

Other symbols:BXSSTLTFCWBS
5 months ago - The Motley Fool

Cadence Bancorp (CADE) Q1 Earnings and Revenues Top Estimates

Cadence Bancorp (CADE) delivered earnings and revenue surprises of 69.39% and 0.97%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Recap: Cadence Bancorp Q1 Earnings

Shares of Cadence Bancorp (NYSE:CADE) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share were up 730.00% over the past year to $0.83, which beat the estimate...

5 months ago - Benzinga