Get the Latest Cadence Bank Stock Quote, Financials and News

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Cadence Bank has a market capitalization of over $3.5 billion, making it a significant player in the banking industry.

To get the latest Cadence Bank stock quote, you can check reputable financial websites such as Yahoo Finance or Google Finance, which provide real-time stock prices and charts.

Cadence Bank is a publicly traded company listed on the NYSE under the ticker symbol CADE, making it easily accessible for investors to track its performance.

You can also stay up-to-date with the latest financial news and updates about Cadence Bank by following its investor relations page on its official website.

Financial Performance

Cadence Bank's revenue in 2024 was a significant $1.72 billion, marking a 49.07% increase from the previous year.

This substantial growth is a testament to the bank's successful business strategies.

The bank's earnings, however, took a slight hit, coming in at $514.12 million, a decrease of 3.51% from the previous year.

Revenue Growth

Cadence Bank's revenue saw a significant boost in 2024, increasing by 49.07% to $1.72 billion.

Credit: youtube.com, Revenue Growth Rate I Financial KPI or Key Performance Indicator

This substantial growth is a clear indicator of the bank's expanding operations and customer base.

The previous year's revenue was $1.16 billion, a stark contrast to the impressive numbers in 2024.

The bank's revenue growth is a testament to its ability to adapt and innovate in a rapidly changing market.

In 2024, Cadence Bank's revenue reached $1.72 billion, a notable increase from the previous year.

Acquire FCB Financial Corp

Cadence Bank has signed a merger agreement with FCB Financial Corp., the bank holding company for First Chatham Bank.

The acquisition is a significant move for Cadence Bank, which is listed on the NYSE under the ticker symbol CADE.

Cadence Bank is acquiring FCB Financial Corp., the bank holding company for First Chatham Bank.

This move is expected to have a positive impact on Cadence Bank's financial performance.

The merger agreement was signed on January 22, 2025, in Houston and Tupelo, Mississippi.

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Company News

Cadence Bank has made some exciting announcements recently that are worth sharing. Cadence Bank has been recognized as one of the top banks in the country, with a strong presence in the southeastern United States.

Credit: youtube.com, Here are some facts about Cadence Bancorporation and State Bank

The bank's commitment to community development is impressive, with a focus on supporting local businesses and initiatives. Cadence Bank has been actively involved in various philanthropic efforts, including supporting education and healthcare programs.

Their innovative approach to banking has earned them a spot on the list of top-performing banks in the nation. Cadence Bank's customer-centric approach has led to a significant increase in customer satisfaction ratings.

As a result of their hard work and dedication, Cadence Bank has been named one of the fastest-growing banks in the country.

Dividend Information Declares Quarterly Dividends

Cadence Bank declares quarterly dividends to its shareholders.

The bank has a history of paying quarterly cash dividends, with the most recent declaration being $0.25 per share of common stock.

In fact, the bank has increased its quarterly common dividend in the past, with the most recent increase being part of a larger announcement in January 2024.

Cadence Bank's board of directors typically declares its quarterly dividends at its meetings, as seen in the announcements from October 2024 and January 2024.

The bank also declares preferred dividends, with the same $0.25 per share amount as the common stock dividend.

Cadence Bank's dividend declarations are typically announced through PR Newswire, providing transparency to its shareholders and the public.

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Investor Information

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Cadence Bank is a publicly traded company listed on the NYSE under the ticker symbol CADE.

Their stock is considered a mid-cap bank stock, making it a potentially attractive option for investors looking for a balance between growth and stability.

As of the last available data, Cadence Bank's market capitalization is approximately $2.5 billion.

Their stock price has been relatively stable over the past year, with a slight increase of around 5%.

Institutional investors hold a significant portion of Cadence Bank's outstanding shares, with major holders including The Vanguard Group, Inc. and BlackRock, Inc.

Announces Simplified Organizational Structure

Cadence Bank has simplified its organizational structure, which is a significant change for the company. This move is expected to improve efficiency and effectiveness.

The bank has reduced its complexity, making it easier to navigate and understand. This change will likely have a positive impact on customers and stakeholders.

Cadence Bank has announced changes to its organizational structure, as well as new and increased responsibilities for several key executives. This is a strategic move to position the bank for future growth and success.

Credit: youtube.com, Cadence Bank CADE Q3 2024 Earnings Presentation

The bank's new structure is designed to be more streamlined, allowing for better decision-making and faster execution. This will enable Cadence Bank to respond more quickly to changing market conditions.

By simplifying its organizational structure, Cadence Bank is taking a proactive approach to staying competitive in the market. This move demonstrates the bank's commitment to innovation and customer satisfaction.

Frequently Asked Questions

Is Cadence Bank a buy or sell?

Cadence Bank has a consensus rating of "Moderate Buy" with an average price target of $36.88, indicating a neutral to slightly positive outlook. Investors may want to consider Cadence Bank as a potential buy, but further research is recommended.

How strong is Cadence Bank?

Cadence Bank boasts a strong financial foundation with $49.2B in total assets and a Net Interest Margin of 3.1%, indicating a solid ability to generate revenue from its loan portfolio.

Is Cadence a big Bank?

Yes, Cadence Bank is a significant financial institution with over $50 billion in assets. Its extensive network of over 350 branch locations across the South and Texas underscores its substantial presence in the region.

What is the net worth of Cadence Bank?

Cadence Bank's net worth is approximately $6.31 billion as of December 30, 2024. This figure represents a significant increase of 136.50% over the past year.

Who are the shareholders of Cadence Bank?

The largest shareholders of Cadence Bank include Vanguard Group Inc, BlackRock, Inc., and Fmr Llc, among others. These prominent institutional investors hold significant stakes in the bank.

Carlos Bartoletti

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Carlos Bartoletti is a seasoned writer with a keen interest in exploring the intricacies of modern work life. With a strong background in research and analysis, Carlos crafts informative and engaging content that resonates with readers. His writing expertise spans a range of topics, with a particular focus on professional development and industry trends.

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