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.

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Cadence (CADE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Cadence (CADE) Keep the Earnings Surprise Streak Alive?

Cadence Bank (CADE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Cadence Bank (CADE) Might Surprise This Earnings Season

Cadence Bank is digesting the acquisition of three entities in 2021, with the last one adding almost $20B in assets. Merger-related expenses are weighing on the EPS, but the decreasing share count provides a bonus.

Cadence Bank: A Well-Covered 4% Yield While Preferreds Offer A 5.85% Income

HOUSTON and TUPELO Miss. , May 12, 2022 /PRNewswire/ -- BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), received the 2022 America Saves Designation of Savings Excellence for its eighth consecutive year of promoting better savings plans for customers.

BancorpSouth, a division of Cadence Bank, Recognized By National Campaign Promoting Savings

HOUSTON and TUPELO Miss. , May 10, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) has appointed Mandy Mitchell as its Chief Experience Officer, a newly established position reporting to the chairman and CEO.

Cadence Bank Taps Mandy Mitchell as its Chief Experience Officer

Cadence Bank (NYSE:CADE ) Q1 2022 Earnings Conference Call April 26, 2022 11:00 AM ET Company Participants Dan Rollins - Chairman and CEO Paul Murphy - Executive Vice Chairman Valerie Toalson - Chief Financial Officer Chris Bagley - President Hank Holmes - Chief Banking Officer Conference Call Participants Jon Arfstrom - RBC Capital Markets Catherine Mealor - KBW Jennifer Demba - Truist Michael Rose - Raymond James Brad Milsaps - Piper Sandler Kevin Fitzsimmons - D.A. Davidson Matt Olney - Stephens Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page.

Cadence Bank (CADE) CEO Dan Rollins on Q1 2022 Results - Earnings Call Transcript

Cadence's (CADE) Q1 results indicate growth in net interest revenues, deposits and loans. However, higher expenses and continued margin compression act as headwinds.

Cadence (CADE) Q1 Earnings & Revenues Surpass, Loans Rise

Cadence (CADE) delivered earnings and revenue surprises of 8.33% and 4.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Cadence (CADE) Q1 Earnings and Revenues Surpass Estimates

TUPELO, Miss. and HOUSTON, April 25, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended March 31, 2022.

Cadence Bank Announces First Quarter 2022 Financial Results

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is BancorpSouth Bank (CADE) Stock Undervalued Right Now?

The average of price targets set by Wall Street analysts indicates a potential upside of 26.2% in Cadence (CADE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Can Cadence (CADE) Climb 26% to Reach the Level Wall Street Analysts Expect?

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Investors Beware: These Top Bank Stocks Are Riskier Than They Seem

TUPELO, Miss. and HOUSTON, March 3, 2022 /PRNewswire/ -- Cadence Bank (NYSE:  CADE) announced today the company's participation in upcoming investor conferences.

Cadence Bank to Participate in Investor Conferences

TUPELO, Miss. and HOUSTON, Feb. 24, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) announced today its 2022-2026 Community Benefits Plan—developed in collaboration with the National Community Reinvestment Coalition (NCRC)—building on its longstanding commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color, and small businesses.

Cadence Bank and NCRC Announce $20.7 billion Community Benefits Plan

CONWAY, Ark.--(BUSINESS WIRE)--Renewal Ranch received $750,000 from BancorpSouth Bank, a division of Cadence Bank, and FHLB Dallas for a residential facility for men in Arkansas.

Banks Award $750K to Help Build Residential Facility for Recovery Program

Cadence showed some organic loan growth in the fourth quarter, and guidance for mid-single-digit growth in 2022 looks quite credible. Cadence doesn't offer great rate sensitivity, but the longer-term potential of better utilizing a strong core deposit franchise for higher-growth commercial lending is significant.

Looking Past Some Messy Quarters, Cadence Bank Is Worth A Look

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Monthly update of the Dividend Champions List. 79 companies declared higher dividends in the past month, with an average increase of 10.71% over their previous payouts. One new King, one new Champion, ten new Contenders, and five new Challengers.

Dividend Champions For February 2022

LEHI, Utah and TUPELO, Miss., Feb. 2, 2022 /PRNewswire/ -- MX, the financial data platform and leader in modern connectivity, partnered with Cadence Bank to help the organization identify trends in their customer financial data and to use those insights to grow their interchange revenue and better connect with their customers.

Cadence Bank Increases Interchange Revenue with Data Insights from MX

While inorganic growth moves drive revenues, deposits and loans for Cadence (CADE) in Q4, higher expenses and continued margin compression act as headwinds.

Cadence (CADE) Tops on Q4 Earnings & Revenues, Hikes Dividend

Cadence (CADE) delivered earnings and revenue surprises of 5% and 0.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cadence (CADE) Tops Q4 Earnings and Revenue Estimates

TUPELO, Miss. and HOUSTON, Jan. 25, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), formerly known as BancorpSouth Bank, today announced financial results for the quarter and year ended December 31, 2021.

Cadence Bank Announces Fourth Quarter 2021 and Annual Financial Results; Announces Increase in Quarterly Common Dividend

TUPELO, Miss. and HOUSTON, Jan. 25, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced a key component of its new brand identity: its new logo.

Cadence Bank Reveals Its New Logo

CONWAY, Ark.--(BUSINESS WIRE)--BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750,000 Affordable Housing Program (AHP) subsidy to Renewal Ranch to help build a $1.9 million residential facility on its campus. Renewal Ranch is a faith-based residential addiction recovery program for men ages 21 and older located on 116 acres near Conway, Arkansas. “Men in our second phase of recovery are transitioning back out into so

Renewal Ranch Receives $750K from BancorpSouth and FHLB Dallas

Cadence Bank (CADE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Cadence Bank (CADE) Stock Stands Out in a Strong Industry

Cadence Bank's (CADE) new share buyback program along with dividend hikes will continue to boost shareholder confidence in the stock.

News for Cadence Bank Stock (CADE)