What is DA Davidson's Estimate for Cadence Bank Q3 Earnings?

Key Points

• DA Davidson has revised its Q3 earnings estimate for Cadence Bank down to $0.00 per share from a previous forecast of $0.69, while maintaining a "Buy" rating and setting a price target of $42.00.
• Other analysts have increased their price targets for Cadence Bank, with Royal Bank of Canada raising theirs to $37.00 and Barclays upping theirs to $41.00.
• Cadence Bank recently declared a quarterly dividend of $0.275 per share, representing an annualized yield of 3.0%, with a payout ratio of 39.15%.

Cadence Bank (NYSE:CADE - Free Report) - Investment analysts at DA Davidson dropped their Q3 2025 earnings estimates for shares of Cadence Bank in a report released on Thursday, August 21st. DA Davidson analyst G. Tenner now expects that the company will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.69. DA Davidson has a "Buy" rating and a $42.00 price objective on the stock. The consensus estimate for Cadence Bank's current full-year earnings is $2.94 per share.

Other equities analysts have also recently issued reports about the stock. Royal Bank Of Canada boosted their target price on shares of Cadence Bank from $34.00 to $37.00 and gave the company a "sector perform" rating in a research report on Friday, July 25th. Barclays reaffirmed an "overweight" rating and set a $41.00 price target (up from $38.00) on shares of Cadence Bank in a report on Tuesday, July 8th. Keefe, Bruyette & Woods lifted their price target on shares of Cadence Bank from $40.00 to $41.00 and gave the company an "outperform" rating in a report on Monday, July 28th. Stephens boosted their target price on shares of Cadence Bank from $41.00 to $42.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. Finally, Piper Sandler boosted their target price on shares of Cadence Bank from $42.00 to $43.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Cadence Bank presently has a consensus rating of "Moderate Buy" and an average price target of $40.40.

Cadence Bank Price Performance

Shares of NYSE:CADE opened at $37.2280 on Monday. The firm has a 50 day moving average of $34.17 and a 200-day moving average of $31.84. The stock has a market capitalization of $6.78 billion, a PE ratio of 13.25 and a beta of 0.89. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.25. Cadence Bank has a 12 month low of $25.22 and a 12 month high of $40.20.

Cadence Bank (NYSE:CADE - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.69 by $0.04. The company had revenue of $476.32 million during the quarter, compared to analysts' expectations of $467.60 million. Cadence Bank had a net margin of 18.79% and a return on equity of 9.84%. During the same period in the previous year, the company earned $0.73 EPS.

Cadence Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th will be issued a dividend of $0.275 per share. The ex-dividend date is Monday, September 15th. This represents a $1.10 annualized dividend and a yield of 3.0%. Cadence Bank's dividend payout ratio is presently 39.15%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Teacher Retirement System of Texas grew its position in Cadence Bank by 312.7% during the first quarter. Teacher Retirement System of Texas now owns 49,592 shares of the company's stock valued at $1,506,000 after buying an additional 37,576 shares during the period. Principal Financial Group Inc. grew its position in Cadence Bank by 1.2% during the first quarter. Principal Financial Group Inc. now owns 425,330 shares of the company's stock valued at $12,913,000 after buying an additional 5,221 shares during the period. State of Alaska Department of Revenue grew its position in Cadence Bank by 3.1% during the first quarter. State of Alaska Department of Revenue now owns 21,500 shares of the company's stock valued at $652,000 after buying an additional 640 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Cadence Bank by 2.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 69,707 shares of the company's stock valued at $2,116,000 after buying an additional 1,670 shares during the period. Finally, GAMMA Investing LLC grew its position in Cadence Bank by 55.3% during the first quarter. GAMMA Investing LLC now owns 2,892 shares of the company's stock valued at $88,000 after buying an additional 1,030 shares during the period. Institutional investors and hedge funds own 84.61% of the company's stock.

Cadence Bank Company Profile

Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services.

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