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Cadence Bank (CADE)
NYSE:CADE
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CADE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.99 - $40.20
Previous Close$34.08
Volume3.30M
Average Volume (3M)1.25M
Market Cap
$6.17B
Enterprise Value$6.62B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$449.73M
Price to Earnings (P/E)9.7
Beta1.33
Next Earnings
Feb 03, 2025EPS Estimate
$0.69Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.92%
Share Statistics
EPS (TTM)3.47
Shares Outstanding182,620,995
10 Day Avg. Volume1,228,017
30 Day Avg. Volume1,254,241
Standard Deviation0.10
R-Squared0.26
Alpha-0.00081
Financial Highlights & Ratios
Price to Book (P/B)1.44
Price to Sales (P/S)3.16
Price to Cash Flow (P/CF)7.80
P/FCF Ratio4.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.39
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$40.17Price Target Upside17.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Cadence Bank News
Bulls Say, Bears Say
Bulls Say
Credit QualityCredit trends improved with criticized and classified loans, as well as NPLs down.
EarningsOperating EPS beat consensus estimates, driven by lower provisions, showcasing financial stability.
Financial PerformanceNIM/NII improved for the fourth quarter in a row, indicating a strong performance.
Bears Say
Earnings PotentialIt's hard to see incremental outperformance relative to the group at these multiples when rate cuts should put some modest pressure on earnings power and M&A sounds unlikely.
Financial PerformanceSlightly lower NII is expected due to slower loan growth and earlier BTFP paydown.
Stock RecommendationAnalyst recommends lowering to Neutral as YTD outperformance has played out as expected.
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Ownership Overview
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Insiders
37.57% Mutual Funds
15.81% Other Institutional Investors
17.92% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CADE FAQ
What was Cadence Bank’s price range in the past 12 months?
Cadence Bank lowest stock price was $24.98 and its highest was $40.20 in the past 12 months.
What is Cadence Bank’s market cap?
Currently, no data Available
When is Cadence Bank’s upcoming earnings report date?
Cadence Bank’s upcoming earnings report date is Feb 03, 2025 which is in 44 days.
How were Cadence Bank’s earnings last quarter?
Cadence Bank released its earnings results on Oct 21, 2024. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.638 by $0.082.
Is Cadence Bank overvalued?
According to Wall Street analysts Cadence Bank’s price is currently Undervalued.
Does Cadence Bank pay dividends?
Cadence Bank pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 2.92%. See more information on Cadence Bank dividends here
What is Cadence Bank’s EPS estimate?
Cadence Bank’s EPS estimate is $0.69.
How many shares outstanding does Cadence Bank have?
Cadence Bank has 182,732,960 shares outstanding.
What happened to Cadence Bank’s price movement after its last earnings report?
Cadence Bank reported an EPS of $0.72 in its last earnings report, beating expectations of $0.638. Following the earnings report the stock price went up 4.746%.
Which hedge fund is a major shareholder of Cadence Bank?
Among the largest hedge funds holding Cadence Bank’s share is Fisher Asset Management LLC. It holds Cadence Bank’s shares valued at 44M.
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Cadence Bank Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$40.17 (17.87% Upside)
$40.17 (17.87% Upside)
Blogger Sentiment
Bullish
CADE Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 12.4K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.54%
12-Months-Change
Fundamentals
Return on Equity
2.55%
Trailing 12-Months
Asset Growth
1.41%
Trailing 12-Months
Company Description
Cadence Bank
BancorpSouth Bank engages in conducting general commercial banking, trust, and insurance businesses through offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas, and Illinois. It operates through the following segments: Banking Services Group, Mortgage, Insurance Agencies, Wealth Management, and General Corporate and Other. The Banking Services Group segment offers deposit products, commercial loans and consumer loans. The Mortgage segment includes mortgage banking activities of originating mortgage loans; selling mortgage loans in the secondary market; and servicing the mortgage loans that are sold on a servicing retained basis. The Insurance Agencies segment serve as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health, and employee benefits products and services. The Wealth Management segment provides individuals, businesses, governmental institutions, and non-profit entities a wide range of solutions to help protect, grow, and transfer wealth. The General Corporate and Other segment covers activities not allocated to Banking Services Group, Mortgage, Insurance Agencies or Wealth Management segments. The company was founded in 1876 and is headquartered in Tupelo, MS.
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CADE Company Deck
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CADE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with strong revenue growth, impressive deposit performance, and stable credit quality. However, there are challenges with flat loan balances and increased nonaccrual loans. Overall, the highlights significantly outweigh the lowlights.Read More>---
CADE Stock 12 Month Forecast
Average Price Target
$40.17
▲(17.87% Upside)
Technical Analysis
Best Analysts Covering CADE
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+31.48%
assigned a buy rating 2 months ago
Copying Brandon King's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +31.48% per trade.
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