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

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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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BancorpSouth Bank

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, during a special meeting of its shareholders.

BancorpSouth Bank Shareholders Approve Merger with Cadence Bancorporation

Cadence Bancorporation (CADE) CEO Paul Murphy on Q2 2021 Results - Earnings Call Transcript

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?

Cadence Bancorp (CADE) Surpasses Q2 Earnings and Revenue Estimates

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.

Cadence Bancorporation Reports Second Quarter 2021 Financial Results

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

BancorpSouth Announces Second Quarter 2021 Results

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.

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

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

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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.

Cadence Bancorporation to Host Second Quarter 2021 Earnings Conference Call

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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 potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Pineapple Energy, LLC. Upon closing, Communications Systems shareholders are expected to initially hold approximately 37% of the total shares of the combined company, which is expected to decrease over time.

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

Cadence Bancorporation has recorded a net profit for three consecutive quarterly financial reporting periods. Balance sheet movements offset each other; no large changes quarter-on-quarter for both sides of the table.

Cadence Bancorporation: A Bank To Not Bank On For A Profit

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 National Bank), the only Black-owned banking institution in Texas. The cooperative alliance brings growth capital to Unity National Bank, strengthening its ability to make commercial loans and deliver other banking and financial solutions to businesses, individuals and families in minority and underser

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

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

Cadence Bancorporation to Participate in Upcoming Virtual Investor Conference

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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 violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with privately-held electric vehicle company Mullen Technologies, Inc. If you are a Net Element shareholder, click here to learn more about your rights and options.   Cadence Bancorporation (NYSE: CADE) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale BancorpSouth Bank.

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates NETE, CADE, EFSC, MFNC, STL, AMRB; Shareholders are Encouraged to Contact the Firm

Cadence Bancorporation (CADE) CEO Paul Murphy on Q1 2021 Results - Earnings Call Transcript

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?

Cadence Bancorp (CADE) Q1 Earnings and Revenues Top Estimates

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 of $0.47.

Recap: Cadence Bancorp Q1 Earnings

HOUSTON--(BUSINESS WIRE)---- $CADE #earnings--Cadence Bancorporation (NYSE: CADE) announces first quarter 2021 earnings and a strong start to the year.

Cadence Bancorporation Reports First Quarter 2021 Financial Results

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The deal creates a $44-billion-asset bank in the South, but so far the market has questioned the merger.

Will the BancorpSouth-Cadence Merger of Equals Work Out for Shareholders?

NEW YORK, April 16, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Cadence Bancorporation ("CADE" or the "Company") ( CADE ) relating to its proposed acquisition by BancorpSouth Bank. Under the terms of the agreement, CADE shareholders will receive 0.70 shares of Bancorp South and a one-time cash dividend of $1.25 per share they own.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Cadence Bancorporation - CADE

BancorpSouth (BXS) and Cadence's (CADE) all-stock merger deal for a total market value of $6 billion will create a diversified and premier banking franchise.

BancorpSouth (BXS) to Merge With Cadence (CADE) in All-Stock Deal

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NEW YORK, April 13, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Luminex Corporation (NASDAQ: LMNX)  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to DiaSorin S.p.A. for $37.00 per share.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates LMNX, NUAN, CADE, GNMK; Shareholders are Encouraged to Contact the Firm

NEW YORK, April 12, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cadence Bancorporation ("Cadence" or the "Company") (NYSE: CADE) in connection with the proposed acquisition of the Company by BancorpSouth Bank ("BXS") (NYSE: BXS). Under the terms of the merger agreement, Cadence shareholders will receive 0.70 shares of BXS common stock for each Cadence share that they own.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Cadence Bancorporation

MILWAUKEE, April 12, 2021 /PRNewswire/ -- Ademi LLP is investigating Cadence (NYSE: CADE) for possible breaches of fiduciary duty and other violations of law in its transaction with BancorpSouth. Click here to learn how to join the action: https://www.ademilaw.com/case/cadence-bancorporation or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Cadence Bancorporation has obtained a Fair Price in its transaction with BancorpSouth Bank

The combined banks will have a market value of $6 billion and a footprint covering Texas and the Southeast.

News for Cadence Bank Stock (CADE)