Cadence Bank provides commercial banking and financial services in the United States. It operates through Corporate Banking, Community Banking, Mortgage, and Banking Services segments. The company offers deposit products, including checking accounts, savings accounts, money market accounts, time deposits, and other deposit accounts through multiple channels It also provides commercial, consumer, industrial, and residential and commercial real estate loans. In addition, the company offers term loans, lines of credit, equipment and receivable financing, energy, restaurant, healthcare, technology, small business administration, agricultural loans, construction loans, second mortgage loans, and home equity lines of credit, as well as automobiles, recreation vehicles, boats, secured and unsecured personal, and deposit account secured loans. Further, it provides wealth management, and other fiduciary and private banking services. Additionally, the company offers trust and investment management, asset management, and retirement and savings solutions, as well as estate planning, annuity, and credit-related products. It serves individuals, businesses, governmental institutions, and non-profit entities. The company was founded in 1876 and is headquartered in Tupelo, Mississippi.
Analyst Perspectives | Price targets range from $33 to $44, reflecting varied opinions on Cadence's growth potential, with recent targets suggesting increased optimism |
Navigating Challenges | Explore how Cadence addresses potential economic headwinds and integration hurdles while maintaining a conservative outlook for 2025 |
Strategic Expansion | Delve into Cadence's acquisition of FCB Financial Corporation, set to boost earnings and extend market presence, signaling ambitious growth plans |
Financial Resilience | Cadence Bank demonstrates strength with steady loan growth, core deposit increases, and an expanded Net Interest Margin, showcasing effective asset-liability management |
Metrics to compare | CADE | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipCADEPeersSector | |
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P/E Ratio | 10.0x | 8.9x | 8.5x | |
PEG Ratio | −1.93 | 0.33 | 0.03 | |
Price / Book | 0.9x | 1.0x | 1.0x | |
Price / LTM Sales | 3.0x | 3.0x | 2.6x | |
Upside (Analyst Target) | 38.5% | 28.7% | 21.2% | |
Fair Value Upside | Unlock | 8.8% | 4.0% | Unlock |