Cadence Bank (CADE)

Cadence Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,182	2,171	2,009	1,350	766.22	708.42
Interest Income on Investments	320.63	376.56	300.91	210.37	115.82	91.07
Total Interest Income	2,503	2,547	2,310	1,561	882.03	799.49
Interest Paid on Deposits	945.97	957.32	734.15	139.67	60.85	90.75
Interest Paid on Borrowings	89.64	153.82	224.66	69.63	15.48	17.78
Total Interest Expense	1,036	1,111	958.81	209.29	76.32	108.53
Net Interest Income	1,467	1,436	1,351	1,351	805.71	690.97
Net Interest Income Growth (YoY)	6.80%	6.28%	0.01%	67.71%	16.61%	6.31%
Trust Income	96.66	94.92	86.93	80.49	39.51	26.21
Mortgage Banking Activities	20.04	17.3	18.98	44.86	58.05	86.25
Gain (Loss) on Sale of Investments	-2.96	-2.96	-435.65	-0.38	-0.4	0.06
Other Non-Interest Income	118.32	123.51	101.9	85.89	35.11	147.83
Total Non-Interest Income	355.63	356.51	-116.34	342.49	242.91	336.5
Non-Interest Income Growth (YoY)	-	-	-	40.99%	-27.82%	19.89%
Revenues Before Loan Losses	1,823	1,793	1,235	1,694	1,049	1,027
Provision for Loan Losses	78	71	80	7	138.06	89.04
Revenue	1,745	1,722	1,155	1,687	910.55	938.43
Revenue Growth (YoY)	42.82%	49.06%	-31.52%	85.25%	-2.97%	1.00%
Salaries and Employee Benefits	582.22	576.6	594.74	597.24	356.03	400.01
Occupancy Expenses	97.12	96.61	91.57	92.76	76.24	60.28
Federal Deposit Insurance	32.98	39.92	72.22	18.71	8.7	6.73
Amortization of Goodwill & Intangibles	15.55	15.9	19.39	18.43	10.73	9.61
Selling, General & Administrative	193.31	194.27	207.99	211.47	99.08	92.94
Other Non-Interest Expense	134.16	122.23	164.82	120.3	75.13	75.98
Total Non-Interest Expense	1,055	1,046	1,151	1,059	625.93	645.54
EBT Excluding Unusual Items	689.57	676.2	4.28	627.87	284.63	292.89
Pretax Income	687.08	676.2	-0.91	577.02	224.73	287.55
Income Tax Expense	150.06	152.59	-4.59	129.71	45.96	59.49
Earnings From Continuing Operations	537.02	523.6	3.68	447.32	178.78	228.05
Earnings From Discontinued Operations	-	-	538.62	15.92	16.39	-
Net Income	537.02	523.6	542.3	463.24	195.16	228.05
Preferred Dividends & Other Adjustments	11.86	9.49	9.49	9.49	9.49	9.49
Net Income to Common	525.16	514.12	532.82	453.75	185.67	218.56
Net Income Growth	-11.40%	-3.45%	17.07%	137.36%	-14.42%	-2.65%
Basic Shares Outstanding	183	183	183	184	120	103
Diluted Shares Outstanding	186	186	183	184	121	103
Shares Change (YoY)	1.58%	1.63%	-1.02%	52.90%	16.81%	1.47%
EPS (Basic)	2.86	2.81	2.92	2.47	1.54	2.12
EPS (Diluted)	2.82	2.77	2.92	2.46	1.54	2.12
EPS Growth	-13.31%	-5.07%	18.79%	59.94%	-27.56%	-7.83%
Dividend Per Share	1.050	1.000	0.940	0.880	0.780	0.745
Dividend Growth	9.38%	6.38%	6.82%	12.82%	4.70%	4.93%
Effective Tax Rate	21.84%	22.57%	-	22.48%	20.45%	20.69%

Updated May 9, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q