Cascade Bancorp is a United States-based bank holding company. The Company operates through its subsidiary, Bank of the Cascades (the Bank). The Bank is an Oregon state chartered bank. The Bank offers a range of commercial and retail banking services to its customers. It provides commercial real estate loans, real estate construction and development loans, and commercial and industrial loans, as well as consumer installment, line-of-credit, credit card and home equity loans. It also originates residential mortgage loans. It provides consumer and business deposit services, including checking, money market, time deposit accounts and related payment services, Internet banking, electronic bill payment and remote deposits. It provides trust and investment related services. As of December 31, 2015, the Bank operated 37 branches serving communities in Central, Southern and Northwest Oregon, as well as in the greater Boise/Treasure Valley, Idaho and Seattle, Washington areas.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Pacific Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:CACB
- CUSIP: 14715420
- Web: www.botc.com
Capitalization:- Market Cap: $542.34 million
- Outstanding Shares: 75,117,000
Average Prices:- 50 Day Moving Avg: $7.52
- 200 Day Moving Avg: $7.70
- 52 Week Range: $5.27 - $8.52
P/E:- Trailing P/E Ratio: 24.81
- Foreward P/E Ratio: 15.70
- P/E Growth: 2.07
Sales & Book Value:- Annual Revenue: $127.3 million
- Price / Sales: 4.26
- Book Value: $5.04 per share
- Price / Book: 1.43
Profitability:- Net Margins: 13.45%
- Return on Equity: 5.00%
- Return on Assets: 0.58%
Debt:- Current Ratio: 0.78%
- Quick Ratio: 0.78%
Misc:- Average Volume: 132,551 shs.
- Beta: 0.5
- Short Ratio: 1.98
Frequently Asked Questions for Cascade Bancorp (NASDAQ:CACB)
What is Cascade Bancorp's stock symbol?
Cascade Bancorp trades on the NASDAQ under the ticker symbol "CACB."
How were Cascade Bancorp's earnings last quarter?
Cascade Bancorp (NASDAQ:CACB) released its quarterly earnings data on Tuesday, April, 25th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.00. The company had revenue of $32.34 million for the quarter, compared to the consensus estimate of $33.88 million. Cascade Bancorp had a return on equity of 5.00% and a net margin of 13.45%. During the same period in the previous year, the business earned $0.03 earnings per share. View Cascade Bancorp's Earnings History.
When will Cascade Bancorp make its next earnings announcement?
Who are some of Cascade Bancorp's key competitors?
Some companies that are related to Cascade Bancorp include Banc of California (BANC), Central Pacific Financial Corp. (CPF), Hanmi Financial Corp (HAFC), TriCo Bancshares (TCBK), Preferred Bank (PFBC), Heritage Financial Corp (HFWA), CU Bancorp (CUNB), Pacific Continental (PCBK), Heritage Commerce Corp. (HTBK), Bank of Marin Bancorp (BMRC), Sierra Bancorp (BSRR), Territorial Bancorp (TBNK), Central Valley Community Bancorp (CVCY), Northrim BanCorp (NRIM), Civista Bancshares (CIVB), California First National Bancorp (CFNB), First Financial Northwest (FFNW) and American River Bankshares (AMRB).
Who owns Cascade Bancorp stock?
Cascade Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Lightyear Capital LLC (15.32%), Chicago Capital Management LLC (2.38%), Dimensional Fund Advisors LP (2.38%), Renaissance Technologies LLC (2.23%), Morgan Stanley (1.93%) and Vanguard Group Inc. (1.74%). View Institutional Ownership Trends for Cascade Bancorp.
Who sold Cascade Bancorp stock? Who is selling Cascade Bancorp stock?
Cascade Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of America Corp DE, Jennison Associates LLC, Alliancebernstein L.P., SG Americas Securities LLC, Tudor Investment Corp ET AL, Morgan Stanley and JPMorgan Chase & Co.. View Insider Buying and Selling for Cascade Bancorp.
Who bought Cascade Bancorp stock? Who is buying Cascade Bancorp stock?
Cascade Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, Chicago Capital Management LLC, RMB Capital Management LLC, Vanguard Group Inc., Yakira Capital Management Inc., Kassirer Asset Management Corp, OMERS ADMINISTRATION Corp and Geode Capital Management LLC. View Insider Buying and Selling for Cascade Bancorp.
How do I buy Cascade Bancorp stock?
Shares of Cascade Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Cascade Bancorp stock cost?
One share of Cascade Bancorp stock can currently be purchased for approximately $7.22.
Consensus Ratings for Cascade Bancorp (NASDAQ:CACB) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Cascade Bancorp (NASDAQ:CACB)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 11/2/2015 | Keefe, Bruyette & Woods | Boost Price Target | Market Perform | $5.50 -> $6.00 | N/A |  |
(Data available from 5/27/2015 forward)
Earnings History for Cascade Bancorp (NASDAQ:CACB)Earnings History by Quarter for Cascade Bancorp (NASDAQ:CACB)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/25/2017 | | | | | | | | |
| 4/25/2017 | Q1 2017 | $0.09 | $0.09 | $33.88 million | $32.34 million | View | N/A | |
| 1/25/2017 | Q416 | $0.09 | $0.09 | $32.63 million | $33.24 million | View | N/A | |
| 10/26/2016 | Q316 | $0.07 | $0.06 | $32.42 million | $31.72 million | View | Listen | |
| 7/27/2016 | Q216 | $0.06 | $0.07 | $27.59 million | $29.99 million | View | Listen | |
| 4/27/2016 | Q116 | $0.06 | $0.03 | $26.99 million | $27.62 million | View | Listen | |
| 1/27/2016 | Q415 | $0.07 | $0.08 | $27.28 million | $25.56 million | View | Listen | |
| 10/22/2015 | Q315 | $0.07 | $0.07 | $26.30 million | $26.80 million | View | Listen | |
| 7/28/2015 | Q215 | $0.06 | $0.07 | $25.62 million | $19.80 million | View | Listen | |
| 5/4/2015 | Q115 | $0.06 | $0.07 | $25.07 million | $25.09 million | View | N/A | |
| 1/29/2015 | Q414 | $0.05 | $0.07 | $24.14 million | $25.56 million | View | N/A | |
| 5/8/2014 | Q1 2014 | $0.01 | $0.02 | $15.94 million | $15.09 million | View | N/A | |
| 2/4/2014 | Q4 | $0.04 | $0.03 | | | View | N/A | |
| 11/12/2013 | Q3 | $0.05 | $0.03 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Cascade Bancorp (NASDAQ:CACB)2017 EPS Consensus Estimate: $0.40
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.09 | $0.09 | $0.09 |
| Q2 2017 | 2 | $0.09 | $0.10 | $0.10 |
| Q3 2017 | 2 | $0.10 | $0.11 | $0.11 |
| Q4 2017 | 2 | $0.11 | $0.11 | $0.11 |
| Q1 2018 | 1 | $0.11 | $0.11 | $0.11 |
| Q2 2018 | 1 | $0.11 | $0.11 | $0.11 |
| Q3 2018 | 1 | $0.11 | $0.11 | $0.11 |
(Data provided by Zacks Investment Research)
Dividend History for Cascade Bancorp (NASDAQ:CACB)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Cascade Bancorp (NASDAQ:CACB)Insider Ownership Percentage: 10.13%
Institutional Ownership Percentage: 82.08%
Insider Trades by Quarter for Cascade Bancorp (NASDAQ:CACB)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/12/2014 | Charles N Reeves | EVP | Buy | 20,000 | $4.73 | $94,600.00 | |
| 12/1/2014 | Patricia L Moss | Director | Sell | 1,656 | $4.61 | $7,634.16 | |
| 8/29/2014 | Daniel J Lee | EVP | Buy | 4,500 | $5.14 | $23,130.00 | |
| 8/21/2014 | Daniel J Lee | EVP | Buy | 25,000 | $5.34 | $133,500.00 | |
| 6/12/2014 | Ryan R Patrick | Director | Buy | 10,000 | $4.74 | $47,400.00 | |
| 6/11/2014 | Charles N Reeves | EVP | Buy | 10,000 | $4.70 | $47,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Cascade Bancorp (NASDAQ:CACB)
Latest Headlines for Cascade Bancorp (NASDAQ:CACB)
| Source: |
|
| Date | Headline |
|---|
 | $0.10 Earnings Per Share Expected for Cascade Bancorp (CACB) This Quarter
www.americanbankingnews.com - May 12 at 8:14 AM |
| Cascade Bancorp (CACB) Earns News Sentiment Score of 0.12
www.americanbankingnews.com - May 4 at 9:42 AM |
| Cascade Bancorp (CACB) Receiving Very Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 30 at 9:23 AM |
| Brokers Offer Predictions for Cascade Bancorp's Q3 2017 Earnings (CACB)
www.americanbankingnews.com - April 28 at 1:56 PM |
 | Cascade Bancorp breached its 50 day moving average in a Bullish Manner : CACB-US : April 27, 2017
finance.yahoo.com - April 27 at 8:35 AM |
 | Cascade Bancorp EPS in-line, misses on revenue
seekingalpha.com - April 26 at 7:33 PM |
| Cascade Bancorp (CACB) Receives News Impact Rating of 0.53
www.americanbankingnews.com - April 26 at 3:38 PM |
| Cascade Bancorp Reports First Quarter 2017 Earnings Per Share Of $0.09 With Strong Loan Growth And An Eight Basis Point Improvement In Net Interest Margin
finance.yahoo.com - April 26 at 2:31 PM |
 | Cascade posts 1Q profit
marketbeat.com - April 25 at 4:48 PM |
| Cascade Bancorp (CACB) Expected to Announce Quarterly Sales of $33.88 Million
www.americanbankingnews.com - April 23 at 9:30 AM |
| Cascade Bancorp (CACB) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 23 at 7:16 AM |
| Cascade Bancorp (CACB) Receiving Somewhat Critical Press Coverage, Report Shows
www.americanbankingnews.com - April 22 at 8:05 AM |
| Cascade Bancorp (CACB) Expected to Announce Earnings of $0.09 Per Share
www.americanbankingnews.com - April 21 at 11:21 AM |
| INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Cascade Bancorp And Encourages Investors To Contact The Firm For Additional Information
finance.yahoo.com - April 19 at 6:08 PM |
| Cascade Bancorp (CACB) Earning Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 14 at 9:13 AM |
| SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Cascade Bancorp And Encourages Investors To Contact The Firm For Additional Information
finance.yahoo.com - April 13 at 4:12 PM |
| SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of Cascade Bancorp to First Interstate BancSystem Inc. is Fair to Shareholders - CACB
finance.yahoo.com - April 7 at 8:47 AM |
| SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Files Class Action Suit Against Cascade Bancorp
finance.yahoo.com - April 3 at 9:31 PM |
| US Commerce Secretary Wilbur Ross Explains Trade Plans
finance.yahoo.com - March 31 at 4:14 PM |
| CASCADE BANCORP Files SEC form 8-K, Other Events
biz.yahoo.com - March 27 at 4:05 PM |
| CASCADE BANCORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 8:30 PM |
| Edited Transcript of CACB earnings conference call or presentation 25-Jan-17 10:00pm GMT
finance.yahoo.com - January 26 at 4:57 PM |
| CASCADE BANCORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - January 26 at 4:57 PM |
 | EARNINGS SUMMARY: Details of Cascade Bancorp Inc. Q4 Earnings Report
www.rttnews.com - January 25 at 10:10 PM |
| Cascade Bancorp's (CACB) CEO Terry Zink on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 25 at 10:10 PM |
| Q4 2016 Cascade Bancorp Earnings Release - After Market Close
us.rd.yahoo.com - January 25 at 5:08 PM |
 | Cascade Bancorp Reports Fourth Quarter 2016 Earnings Per Share Of $0.08 Driven By Robust Revenue And Loan Growth
us.rd.yahoo.com - January 25 at 5:08 PM |
| CASCADE BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
us.rd.yahoo.com - January 25 at 5:08 PM |
| Cascade Bancorp To Release Fourth Quarter And Year-End 2016 Earnings On Wednesday, January 25, 2017
finance.yahoo.com - January 18 at 8:35 PM |
| CASCADE BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - January 18 at 8:35 PM |
| Cascade Bancorp Acquisition May Not Be in the Best Interests of CACB Shareholders
finance.yahoo.com - December 9 at 4:25 PM |
| First Interstate Bancsystem To Buy Cascade Bancorp (CACB) - M&A Call Slides
seekingalpha.com - November 22 at 3:32 PM |
| CASCADE BANCORP (CACB) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating Cascade Bancorp For Potential Breaches of Fiduciary Duty
finance.yahoo.com - November 22 at 10:46 AM |
 | Oregon's second-largest bank to be acquired for $589 million
www.bizjournals.com - November 17 at 9:03 PM |
 | First Interstate BancSystem (FIBK) to Acquire Cascade Bancorp (CACB) in $589M Deal
www.streetinsider.com - November 17 at 9:03 PM |
| CASCADE BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc. or Byl
biz.yahoo.com - November 17 at 9:03 PM |
| Bank Of America Is Still Ahead Of The Curve
seekingalpha.com - November 14 at 4:08 PM |
| CASCADE BANCORP Financials
finance.yahoo.com - November 11 at 1:29 PM |
| CASCADE BANCORP Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 4 at 8:32 PM |
| Cascade Bancorp's (CACB) CEO Terry Zink on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 27 at 4:22 PM |
| Edited Transcript of CACB earnings conference call or presentation 26-Oct-16 9:00pm GMT
finance.yahoo.com - October 27 at 8:33 AM |
| Cascade Bancorp Reports Third Quarter 2016 Earnings Per Share Of $0.06 Driven By Double-Digit Revenue And Loan Growth
finance.yahoo.com - October 26 at 4:04 PM |
| Q3 2016 Cascade Bancorp Earnings Release - After Market Close
biz.yahoo.com - October 26 at 11:57 AM |
Cascade Bancorp (CACB) Chart for Saturday, May, 27, 2017
