Cadence Bank (CADE) Stock Forecast, Price & News

Cadence Bank (NYSE:CADE) Frequently Asked Questions

Is Cadence Bank a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cadence Bank stock.
View analyst ratings for Cadence Bank or view top-rated stocks.

When is Cadence Bank's next earnings date?

Cadence Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for Cadence Bank.

How were Cadence Bank's earnings last quarter?

Cadence Bank (NYSE:CADE) released its quarterly earnings data on Monday, April, 25th. The company reported $0.60 EPS for the quarter, meeting analysts' consensus estimates of $0.60. The company had revenue of $440.26 million for the quarter, compared to analysts' expectations of $427.57 million. Cadence Bank had a net margin of 15.87% and a trailing twelve-month return on equity of 10.63%. During the same quarter in the prior year, the business earned $0.73 earnings per share.
View Cadence Bank's earnings history.

How often does Cadence Bank pay dividends? What is the dividend yield for Cadence Bank?

Cadence Bank declared a quarterly dividend on Wednesday, April 27th. Shareholders of record on Wednesday, June 15th will be paid a dividend of $0.22 per share on Friday, July 1st. This represents a $0.88 annualized dividend and a yield of 3.41%. The ex-dividend date of this dividend is Tuesday, June 14th.
View Cadence Bank's dividend history.

Is Cadence Bank a good dividend stock?

Cadence Bank pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.54%. Cadence Bank has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Cadence Bank is 51.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cadence Bank will have a dividend payout ratio of 26.91% next year. This indicates that Cadence Bank will be able to sustain or increase its dividend.
View Cadence Bank's dividend history.

What price target have analysts set for CADE?

4 Wall Street analysts have issued 1 year price objectives for Cadence Bank's stock. Their forecasts range from $35.00 to $40.00. On average, they expect Cadence Bank's share price to reach $37.50 in the next year. This suggests a possible upside of 45.3% from the stock's current price.
View analysts' price targets for Cadence Bank or view top-rated stocks among Wall Street analysts.

Who are Cadence Bank's key executives?

Cadence Bank's management team includes the following people:

• Mr. James D. Rollins III, Chairman & CEO (Age 63, Pay $3.1M)
• Mr. Paul B. Murphy Jr., Exec. Vice Chairman (Age 62, Pay $7.41M)
• Mr. Christopher A. Bagley, Pres (Age 61, Pay $1.67M)
• Ms. Valerie C. Toalson, Sr. EVP & CFO (Age 56, Pay $3.31M)
• Mr. Rudolph H. Holmes IV, Sr. EVP & Chief Banking Officer (Age 51, Pay $3.46M)
• Mr. Jeffrey William Jaggers, COO & Sr. EVP (Age 59)
• Mr. Will Fisackerly, Exec. VP & Director of Corp. Fin.
• Mr. Thomas D. Clark, Chief Information Officer (Age 59)
• Ms. Cathy S. Freeman, Sr. EVP, Chief Admin. Officer & Sec. (Age 56)
• Mr. Charles J. Pignuolo, Chief Legal Officer (Age 66)

What is Sam Tortorici's approval rating as Cadence Bank's CEO?

28 employees have rated Cadence Bank CEO Sam Tortorici on Glassdoor.com. Sam Tortorici has an approval rating of 68% among Cadence Bank's employees.

Who are some of Cadence Bank's key competitors?

Some companies that are related to Cadence Bank include First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Popular (BPOP), First Financial Bankshares (FFIN), SouthState (SSB), Glacier Bancorp (GBCI), Bank OZK (OZK), Wintrust Financial (WTFC), United Bankshares (UBSI), ServisFirst Bancshares (SFBS), Home Bancshares, Inc. (Conway, AR) (HOMB) and Hancock Whitney (HWC).
View all of CADE's competitors.

What other stocks do shareholders of Cadence Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bank investors own include Advanced Micro Devices (AMD), Bank of America (BAC), Pfizer (PFE), Micron Technology (MU), AT&T (T), Wells Fargo & Company (WFC), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Intel (INTC) and Walmart (WMT).

When did Cadence Bank IPO?

(CADE) raised $0 in an initial public offering on Thursday, April 13th 2017. The company issued 0 shares at a price of $0.00 per share. Goldman, Sachs, J.P. MorganSandle, O’Neill + Partners and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and Baird, Raymond James, Stephens, SunTrust Robinson Humphrey and Tudor, Pickering, Holt were co-managers.

What is Cadence Bank's stock symbol?

Cadence Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "CADE."

Who are Cadence Bank's major shareholders?

Cadence Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (17.48%), BlackRock Inc. (16.62%), State Street Corp (8.81%), Wellington Management Group LLP (7.20%), Dimensional Fund Advisors LP (6.06%) and Northern Trust Corp (2.91%). Company insiders that own Cadence Bank stock include J Randall Schultz, J Richard Fredericks, J Thomas Wiley Jr, Joseph W Evans, Marc J Shapiro, Paul B Murphy, Jr, Precious W Owodunni, Scott M Stuart and Sheila Ray.
View institutional ownership trends for Cadence Bank.

Which institutional investors are selling Cadence Bank stock?

CADE stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Shapiro Capital Management LLC, BlackRock Inc., Dimensional Fund Advisors LP, State Street Corp, Weiss Multi Strategy Advisers LLC, Northern Trust Corp, and EJF Capital LLC. Company insiders that have sold Cadence Bank company stock in the last year include Joseph W Evans, and Sheila Ray.
View insider buying and selling activity for Cadence Bank or view top insider-selling stocks.

Which institutional investors are buying Cadence Bank stock?

CADE stock was bought by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., Fisher Asset Management LLC, Penn Capital Management Company LLC, Raymond James & Associates, New York State Common Retirement Fund, Sei Investments Co., Goldman Sachs Group Inc., and Sentinel Trust Co. LBA. Company insiders that have bought Cadence Bank stock in the last two years include J Richard Fredericks, Joseph W Evans, Marc J Shapiro, Paul B Murphy, Jr, Precious W Owodunni, and Scott M Stuart.
View insider buying and selling activity for Cadence Bank or or view top insider-buying stocks.

How do I buy shares of Cadence Bank?

Shares of CADE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Cadence Bank's stock price today?

One share of CADE stock can currently be purchased for approximately $25.80.

How much money does Cadence Bank make?

Cadence Bank has a market capitalization of $2.80 billion and generates $1.26 billion in revenue each year. The company earns $195.16 million in net income (profit) each year or $1.72 on an earnings per share basis.

How many employees does Cadence Bank have?

Cadence Bank employs 6,595 workers across the globe.

What is Cadence Bank's official website?

The official website for Cadence Bank is www.cadencebank.com.

How can I contact Cadence Bank?

Cadence Bank's mailing address is 2800 POST OAK BOULEVARD SUITE 3800, HOUSTON TX, 77056. The company can be reached via phone at (662) 680-2000, via email at [email protected], or via fax at 662-680-2570.