Cadence Bank

Cadence Bank provides banking and financial solutions to consumers, businesses and corporations. Its services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, and personal and business insurance. The bank was founded in 2009 and is headquartered in Tupelo, MS.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cadence Bank reports robust earnings, eyes loan growth opportunities in 2023

Cadence Bank's Q4 2022 performance reflects a successful year marked by financial strength, growth, and operational efficiency.
While facing challenges in deposit growth and pricing pressure, the bank remains focused on opportunities for loan growth and margin improvement in 2023.
Strategic initiatives in rebranding, fee businesses, and insurance segment expansion position Cadence Bank for continued success and revenue diversification.
Maintaining credit quality, managing costs, and pursuing growth in key areas are crucial for the bank's sustained performance and competitiveness.

Cadence Bank reports solid Q1 performance amidst strategic optimizations

Cadence Bank's Q1 2023 performance reflects robust loan growth, stable core deposits, and strategic initiatives to enhance profitability and operational efficiency.
While facing challenges in deposit stability and credit quality, the bank's strengths in risk management, diverse revenue streams, and asset management position it well for future growth.
Opportunities in fee income growth, deposit migration to investment funds, and strategic business optimizations offer avenues for revenue diversification and operational enhancements.
Despite industry uncertainties, Cadence Bank remains optimistic, emphasizing its strong foundation, diverse business mix, and commitment to prudent risk management and growth strategies.

Cadence Bank reports robust Q2 earnings amidst growth opportunities

Cadence Bank's Q2 performance reflects strong earnings, robust loan growth, and effective cost management strategies amidst evolving market conditions.
While facing challenges in mortgage loan growth and deposit trends, the bank is well-positioned to capitalize on revenue growth opportunities in insurance and operational efficiency enhancements.
Strategic focus on risk management, capital optimization, and expense control positions Cadence Bank for sustainable growth and resilience in the financial landscape.
Overall, Cadence Bank's proactive approach to credit quality, operational efficiency, and revenue diversification underscores its commitment to long-term value creation.

Cadence Bank reports strong Q3 earnings and strategic growth plans

Cadence Bank's Q3 performance reflects strong earnings and strategic decisions to enhance shareholder value.
While facing challenges in deposit retention and credit risk management, the bank is well-positioned to capitalize on growth opportunities.
Efficiency initiatives and a customer-centric approach underscore the bank's commitment to performance improvement and sustainable growth.
The sale of Cadence Insurance and focus on relationship banking signal a strategic direction towards optimizing capital and enhancing customer relationships.

Cadence Bank reports strong 2023 performance, eyes growth opportunities

Cadence Bank demonstrated strong financial performance in 2023, with improvements in capital ratios, net income, and operational efficiency. The bank's strategic initiatives, including branch closures and capital generation, have enhanced its financial stability and growth prospects.
While facing challenges in specific industries and asset quality, Cadence Bank remains focused on driving efficiency, managing expenses, and seizing growth opportunities. Continued investments in technology and a positive outlook for loan growth position the bank for sustained success.
Overall, Cadence Bank's performance, strengths, and strategic focus on stability and growth underscore its commitment to delivering value to shareholders and customers. With a clear roadmap for 2024, the bank aims to navigate challenges, capitalize on opportunities, and drive sustainable performance.

Cadence Bank excels in Q1 2024, eyes growth opportunities

Cadence Bank's Q1 2024 earnings call reflects a strong performance marked by improvements in key financial metrics, credit quality, and operational efficiency. The bank's strategic focus on growth opportunities, community-driven deposit base, and commitment to enhancing results underscore its resilience and potential for continued success.

Cadence Bank posts robust Q2 earnings, eyes growth opportunities

Cadence Bank delivered a strong performance in Q2 2024, marked by growth in net income, loan portfolio, and core deposits. The bank's focus on capital strength, expense management, and efficiency improvements is evident in its financial results. While facing challenges in deposit stability and market dynamics, Cadence Bank is poised to leverage opportunities for growth and strategic investments.

Cadence Bank reports solid Q3 earnings, eyes growth opportunities

Cadence Bank delivered strong financial results in Q3 2024, marked by increased net income, stable credit quality, and improved operational efficiency.
While facing challenges in loan portfolio growth and expense management, the bank remains well-positioned with strong capital metrics and a positive outlook on profitability.
Opportunities for M&A, debt optimization, and revenue enhancement present avenues for future growth and value creation, aligning with the bank's strategic priorities.
Overall, Cadence Bank's emphasis on stability, performance, and growth sets a promising trajectory for sustained success and shareholder value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HOUSTON and TUPELO, Miss. , Oct. 23, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended September 30, 2023.

Cadence Bank Announces Third Quarter 2023 Financial Results

HOUSTON , Oct. 17, 2023 /PRNewswire/ -- Linscomb & Williams (L&W), a Cadence Bank (NYSE: CADE) subsidiary, announced today several updates to their wealth management team. The individuals listed below will serve as strategic leaders and advisors, each bringing a wealth of experience and expertise in their respective fields.

Linscomb & Williams Announces Updates to the Expanding Wealth Management Team

Synopsys

Cadence Design Systems and Synopsys, leaders in electronic design automation, are relative safe havens in the semiconductor industry, an analyst says.

Cadence, Synopsys Offer 'Strong Growth, Low Cyclicality' Amid Chip Industry Unrest: Analyst

Cadence (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.

Earnings Preview: Cadence (CADE) Q3 Earnings Expected to Decline

HOUSTON and TUPELO, Miss. , Oct. 3, 2023 /PRNewswire/ -- – Cadence Bank (NYSE: CADE) will release its third-quarter 2023 earnings on Monday, October 23, 2023, after the close of the financial markets.

Cadence Bank Announces Third Quarter Earnings Webcast Schedule

Cadence Bank offers a solid investment opportunity with strong loan growth and potential for higher earnings. The company has a diverse array of services, including commercial loans, and has shown strong growth in its fee income business. CADE exhibits a strong upside potential and is currently undervalued, making it a good buying opportunity.

Cadence Bank - Strong Loan Growth And Depressed Valuation Make For A Buy

Associated Banc-Corp

Axos Financial Inc.

BankUnited

Bank of Hawaii

Dime Community Bank

First Merchants

Fulton Financial

Merchants Bancorp

M&T Bank

New York Community Bancorp

Old National Bancorp

Bank OZK

Prosperity Bancshares

Principal Financial Group

Pinnacle Financial Partners

Synovus Financial

United Bankshares

Webster Financial

Zions Bancorp

A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.

Regional banks facing credit losses for commercial real estate: Moody's study

Is Cadence Bank (CADE) a great pick from the value investor's perspective right now? Read on to know more.

Is Cadence Bank (CADE) a Great Stock for Value Investors?

HOUSTON and TUPELO, Miss. , Aug. 2, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) is proud to announce its support for local Boys and Girls Clubs (Club) through a series of volunteering initiatives taking place from July 24, 2023 through August 4, 2023, across the Southeast.

Cadence Bank Supports Local Boys & Girls Clubs Across Its Nine-State Southeast Footprint

Cadence Bank (NYSE:CADE ) Q2 2023 Earnings Conference Call July 25, 2023 11:00 AM ET Company Participants Will Fisackerly – Director-Corporate Finance Dan Rollins – Chairman and Chief Executive Officer Valerie Toalson – Chief Financial Officer Chris Bagley – President Billy Braddock – Chief Credit Officer Hank Holmes – Chief Banking Officer Conference Call Participants Catherine Mealor – KBW Michael Rose – Raymond James Manan Gosalia – Morgan Stanley Brandon King – Truist Brody Preston – UBS Jon Arfstrom – RBC Capital Markets Matt Olney – Stephens Brett Rabatin – Hovde Group Operator Good day, and welcome to the Cadence Bank Second Quarter 2023 Webcast and Conference Call. All participants will be in listen-only mode.

Cadence Bank (CADE) Q2 2023 Earnings Call Transcript

Cadence (CADE) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.73 per share a year ago.

Cadence (CADE) Misses Q2 Earnings and Revenue Estimates

HOUSTON and TUPELO, Miss. , July 24, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended June 30, 2023.

Cadence Bank Announces Second Quarter 2023 Financial Results

The banking sector, particularly Cadence Bank, is an attractive investment opportunity due to its solid financial health and low share price. Cadence Bank's loan portfolio has doubled from $15 billion to $30.3 billion between 2020 and 2022, largely due to mergers, and its deposit base remains stable. Despite a rough bottom line for the first quarter of 2023, the bank's overall financial performance has been strong in recent years and shares are cheap enough to warrant optimism.

Cadence Bank: Another Regional Bank Worth Considering

Ally Financial

Ares Management

Bank of America

Citigroup

Citizens Financial Group

Comerica

Capital One

First Citizens BancShares

First Horizon National

Fifth Third Bancorp

F.N.B. Corp.

Goldman Sachs

JPMorgan Chase & Co

KeyCorp

Morgan Stanley

PacWest Bancorp

PNC Financial Services

Charles Schwab

South State

Truist Financial

U.S. Bancorp

Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big six” industry group, Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley are all scheduled to report on July 18.

These 20 banks have had the largest cuts to earnings estimates

HOUSTON and TUPELO, Miss. , June 29, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its second-quarter 2023 earnings on Monday, July 24, 2023, after the close of the financial markets.

Cadence Bank Announces Second Quarter Earnings Webcast Schedule

Agilent Technologies

Agree Realty

Ameren

Federal Agricultural

Albemarle

Allstate

Allegion

Air Products and Chemicals

Alexandria Real Estate Equities

Atrion

Broadcom

Axis Capital

Booz Allen Hamilton Hld

Brookfield Asset Management

BancFirst

Baxter

Becton, Dickinson and Co.

Franklin Resources

Brookfield Renewable Partners

Bank of Nova Scotia

Cardinal Health

Crown Castle International

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Dividend Champion, Contender, And Challenger Highlights: Week Of June 25

ChampionX

Columbia Banking System

Integer Holdings

Seacoast Banking Corporation of Florida

Last year marked a tumultuous period for small-cap stocks, with the MSCI USA Small Cap Index enduring a substantial setback, dropping by 17% over the year.

Relative Underperformance of Small Cap Stocks Opens Up Opportunities, Including These 10 Ideas

HOUSTON and TUPELO, Miss. , June 12, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) received the 2023 America Saves Designation of Savings Excellence (DOSE) for its ninth consecutive year of promoting better savings plans for customers.

Cadence Bank Recognized by America Saves for Ninth Consecutive Year of Promoting Savings

The company receives an Outstanding in Investment and Service, and  High Satisfactory in Lending in Community Reinvestment Act rating HOUSTON and TUPELO Miss. , June 6, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced its latest achievement on the Community Reinvestment Act (CRA) performance evaluation conducted by the Federal Deposit Insurance Corporation (FDIC).

Cadence Bank Receives Outstanding Rating in CRA Evaluation, Demonstrating Commitment to Communities

Cadence Bank (CADE) Q1 2023 Earnings Call Transcript.

Cadence Bank (CADE) Q1 2023 Earnings Call Transcript

Cadence (CADE) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.65 per share a year ago.

Cadence (CADE) Surpasses Q1 Earnings Estimates

HOUSTON and TUPELO, Miss. , April 24, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended March 31, 2023.

Cadence Bank Announces First Quarter 2023 Financial Results

Cadence (CADE) Reports Next Week: Wall Street Expects Earnings Growth

HOUSTON and TUPELO, Miss. , April 3, 2023 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its first-quarter 2023 earnings on Monday, April 24, 2023, after the close of the financial markets.

Cadence Bank Announces First Quarter Earnings Webcast Schedule

Amphenol

BWX Technologies

C.H. Robinson Worldwide

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Dividend Champion, Contender, And Challenger Highlights: Week Of March 26

News for Cadence Bank Stock (CADE)