Cadence Bancorporation operates as the bank holding company for Cadence Bank, N.A. that provides commercial banking products and services to businesses, high net worth individuals, business owners, and retail customers in the United States. The company operates through Banking and Financial Services segments. It offers various deposit products, including checking, savings, money market, and other deposit accounts. The company also provides commercial and industrial, and residential and commercial real estate loans; other consumer loans, such as home equity, auto, boat, and personal installment loans; and shared national credits. In addition, it offers wealth management, and other fiduciary and private banking services under the Linscomb & Williams and Cadence Trust brands. Further, the company provides life, disability, long-term care, homeowner's, property and casualty, and key person insurance products, as well as buy-sell agreements to retail customers; and business owner, commercial vehicle, property and liability, workers compensation, and specialty liability policies to commercial customers under the Cadence Insurance Services and Cadence Investment Services brands through financial consultants and advisors, and third party partners, as well as directly. Additionally, it offers various financial services comprising debit and credit cards; treasury management and merchant services; employee and payroll benefit solutions; automated clearing house, lock-box, and remote deposit capture services; international trade finance; and international trade, foreign exchange, and other treasury services, as well as online, mobile, and telephone banking services. As of December 31, 2017, it operated 63 full-service and 2 drive-thru branches in Alabama, Florida, Texas, Mississippi, and Tennessee, as well as 78 ATMs and 9 ITMs. The company was founded in 1885 and is headquartered in Houston, Texas. Cadence Bancorporation is a subsidiary of Cadence Bancorp, LLC.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CADE
CUSIPN/A
Phone713-871-4000
Debt
Debt-to-Equity Ratio0.35
Current Ratio1.00
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio19.69
Forward P/E Ratio14.72
P/E GrowthN/A
Sales & Book Value
Annual Sales$430.78 million
Price / Sales5.66
Cash Flow$1.6189 per share
Price / Cash18.00
Book Value$16.25 per share
Price / Book1.79
Profitability
EPS (Most Recent Fiscal Year)$1.48
Net Income$102.35 million
Net Margins22.08%
Return on Equity10.00%
Return on Assets1.27%
Miscellaneous
Employees1,206
Outstanding Shares83,630,000
