Cadence Bank (CADE)

Market Cap	5.69B
Revenue (ttm)	1.22B
Net Income (ttm)	596.61M
Shares Out	182.64M
EPS (ttm)	3.25
PE Ratio	9.60
Forward PE	12.04
Dividend	$1.00 (3.20%)
Ex-Dividend Date	Sep 13, 2024

Volume	647,294
Open	31.03
Previous Close	31.24
Day's Range	30.94 - 31.29
52-Week Range	19.67 - 34.13
Beta	0.98
Analysts	Buy
Price Target	34.73 (+11.39%)
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 11 analysts, the average rating for CADE stock is "Buy." The 12-month stock price forecast is $34.73, which is an increase of 11.39% from the latest price.

Price Target

$34.73

(11.39% upside)

Analyst Consensus: Buy