CADE - Cadence Bancorporation

NYSE - NYSE Delayed Price. Currency in USD
18.94
+0.71 (+3.89%)
At close: 4:04PM EST
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Previous Close18.23
Open18.34
Bid0.00 x 900
Ask0.00 x 1300
Day's Range18.13 - 19.01
52 Week Range16.13 - 31.44
Volume3,447,322
Avg. Volume1,706,879
Market Cap2.495B
Beta (3Y Monthly)N/A
PE Ratio (TTM)10.84
EPS (TTM)1.75
Earnings DateJan 28, 2019
Forward Dividend & Yield0.60 (3.45%)
Ex-Dividend Date2018-11-30
1y Target Est25.60
Trade prices are not sourced from all markets
  • This is how much Apple pays a typical employee — and how that compares to Google, Facebook, Netflix, Microsoft, Box and more
    American City Business Journals4 days ago

    This is how much Apple pays a typical employee — and how that compares to Google, Facebook, Netflix, Microsoft, Box and more

    Apple's typical employee probably makes far less than you think: $55,426 per year. For comparison, the median employee at social media giant Facebook makes more than $240,000 per year. Most likely, that median employee at Apple is not somebody writing code or designing iPhones out of a cubicle in Cupertino, but rather a worker at one of the company's retail stores.

  • Business Wire5 days ago

    Cadence Bank Offers Zero-Percent Interest Loans for Furloughed Federal Employees Impacted by Government Shutdown

    Cadence Bank is offering zero-percent interest consumer loans for furloughed federal employees impacted by the government shutdown, including men and women in the U.S. military, who reside within Cadence’s six-state footprint: Texas, Georgia, Alabama, Florida, Mississippi and Tennessee.

  • Cadence completes merger with Georgia bank
    American City Business Journals17 days ago

    Cadence completes merger with Georgia bank

    A merger that has resulted in one of Birmingham’s largest banks relocating its headquarters to Atlanta is complete.

  • Texas banks close major acquisitions (updated)
    American City Business Journals17 days ago

    Texas banks close major acquisitions (updated)

    Houston-based Cadence Bancorporation and McKinney, Texas-based Independent Bank Group, which has a fast-growing Houston presence, both closed major acquisitions, and Dallas-based Veritex Holdings Inc. completed its acquisition of a Houston-based bank on Jan. 1.

  • Business Wire17 days ago

    Cadence Bancorporation Announces Completion of Merger with State Bank Financial Corporation

    Cadence Bancorporation (CADE) (“Cadence”), the holding company of Cadence Bank, N.A. (“Cadence Bank”), today announced that it has completed its previously announced merger with State Bank Financial Corporation (STBZ) (“State Bank”), effective January 1, 2019. State Bank’s wholly owned subsidiary, State Bank and Trust Company, was merged into Cadence Bank, effective January 1, 2019, and its business will operate as “State Bank and Trust Company, a division of Cadence Bank, N.A.” until systems conversion, which is scheduled for February 2019.

  • Business Wire23 days ago

    Cadence Bancorporation to Host Fourth Quarter 2018 Earnings Conference Call

    Cadence Bancorporation announced today that executive management will host a conference call to discuss fourth quarter and full year 2018 results on Monday, January 28, 2019, at 12:00 p.m.

  • Cadence (CADE) in Focus: Stock Moves 5.8% Higher
    Zacks23 days ago

    Cadence (CADE) in Focus: Stock Moves 5.8% Higher

    Cadence (CADE) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

  • Why Cadence Bancorp (CADE) Could Beat Earnings Estimates Again
    Zacks26 days ago

    Why Cadence Bancorp (CADE) Could Beat Earnings Estimates Again

    Cadence Bancorp (CADE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • U.S. regional bank Cadence offers more shares to buy State Bank
    Reuters26 days ago

    U.S. regional bank Cadence offers more shares to buy State Bank

    State Bank shareholders will receive 1.271 shares of Cadence class A common stock for every share held, up from 1.160 in the previous offer. The new offer is valued at about $21.84 based on Cadence's Friday close and represents a 7.3 percent premium to State Bank's close on the day. Since May, shares of Cadence and State Bank have both fallen about 40 percent, in line with the decline in the broader financial sector.

  • MarketWatch26 days ago

    Cadence Bancorp raises stock exchange ratio to buy State Bank, but deal value drops 38%

    Cadence Bancrop said Monday it was increasing the stock exchange ratio for its proposed acquisition of State Bank Financial Corp. , resulting in 4.3 million additional shares being issued to State Bank shareholders. Under terms of the revised deal, State Bank shareholders will now receive 1.271 shares of Cadence Class A common stock for each State Bank share they own. When the original deal was announced in May, the exchange ratio was 1.160. But with Cadence's stock tumbling 43% from a reference price of $30.23 on May 11 to Friday's close of $17.20, the value of the shares State Bank shareholders will receive has fallen to $21.86 a share from $35.07 a share. Cadence said the value of the deal has declined to $849 million from $1.37 billion. State Bank's stock has shed 38.5% since May 11. Over the same time, the iShares U.S. Regional Banks ETF has lost 26.8% and the S&P 500 has given up 11.4%.

  • Business Wire26 days ago

    Cadence Bancorporation Announces Update to Merger with State Bank Financial Corporation

    Cadence Bancorporation (CADE) (“Cadence”) and State Bank Financial Corporation (STBZ) (“State Bank”) jointly announced that Cadence has exercised its right to increase the exchange ratio in accordance with the terms of the definitive merger agreement between Cadence and State Bank. State Bank shareholders will receive 1.271 shares of Cadence Class A common stock for each share of State Bank common stock. After closing, legacy Cadence and State Bank shareholders will collectively own approximately 63% and 37% of the combined company, respectively.

  • Hedge Funds Are Betting On Cadence Bancorporation (CADE)
    Insider Monkeylast month

    Hedge Funds Are Betting On Cadence Bancorporation (CADE)

    Hedge fund managers like David Einhorn, Dan Loeb, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]

  • Business Wirelast month

    Cadence Bancorporation Receives Regulatory Approval for Merger with State Bank Financial Corporation and Share Repurchase Program

    Cadence Bancorporation (CADE) (“Cadence”) today announced that it has received regulatory approval from the Federal Reserve to complete its pending stock-for-stock transaction with State Bank Financial Corporation (“State Bank”), which will create a combined organization with $17 billion in assets, $13 billion in loans, $14 billion in deposits and approximately 98 branches serving Texas, Georgia, Florida, Alabama, Tennessee and Mississippi, based on the companies’ balance sheets as of September 30, 2018. “We are very pleased to announce that we have completed the last approval necessary to close the State Bank merger, and we plan to close the transaction on December 31,” said Paul B. Murphy, Jr., Chairman and CEO of Cadence Bancorporation.

  • Here’s What Cadence Bancorporation’s (NYSE:CADE) P/E Ratio Is Telling Us
    Simply Wall St.2 months ago

    Here’s What Cadence Bancorporation’s (NYSE:CADE) P/E Ratio Is Telling Us

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Cadence Bancorporation’s (NYSE:CADE) P/E ratio and reflect on what Read More...

  • Dallas bankers get in on the U.S. oil field waste water problem
    American City Business Journals2 months ago

    Dallas bankers get in on the U.S. oil field waste water problem

    Dallas waste water disposal company Goodnight Midstream has tapped the local outposts of banking giants led by Wells Fargo and Amsterdam’s ABN AMRO for an additional $100 million in debt available to build out its infrastructure.

  • Simply Wall St.3 months ago

    What Makes Cadence Bancorporation (NYSE:CADE) A Hard Investment?

    As a small-cap bank stock with a market capitalisation of US$1.8b, Cadence Bancorporation’s (NYSE:CADE) risk and profitability are largely determined by the underlying economic growth of the US regions in Read More...

  • Cadence Bancorp (CADE) Surpasses Q3 Earnings and Revenue Estimates
    Zacks3 months ago

    Cadence Bancorp (CADE) Surpasses Q3 Earnings and Revenue Estimates

    Cadence Bancorp (CADE) delivered earnings and revenue surprises of 11.54% and 0.91%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press3 months ago

    Cadence Bancorp: 3Q Earnings Snapshot

    The Houston-based bank said it had earnings of 56 cents per share. Earnings, adjusted for non-recurring costs, were 58 cents per share. The results surpassed Wall Street expectations. The average estimate ...

  • Cadence Bancorporation Reports Third Quarter 2018 Results Driven by Strong Loan Growth, Record Revenue and Improved Efficiency
    Business Wire3 months ago

    Cadence Bancorporation Reports Third Quarter 2018 Results Driven by Strong Loan Growth, Record Revenue and Improved Efficiency

    Cadence Bancorporation today announced net income for the quarter ended September 30, 2018 of $47.1 million, or $0.56 per diluted common share , compared to $32.6 million, or $0.39 per share, in the third quarter of 2017 and $48.0 million, or $0.57 per share, in the second quarter of 2018.

  • Cadence Bancorp (CADE) Q3 Earnings Preview: What to Watch Ahead of the Release
    Zacks3 months ago

    Cadence Bancorp (CADE) Q3 Earnings Preview: What to Watch Ahead of the Release

    Cadence Bancorp (CADE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Simply Wall St.4 months ago

    What To Know Before Buying Cadence Bancorporation (NYSE:CADE) For Its Dividend

    Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Cadence Bancorporation (NYSE:CADE) has started paying a dividend to shareholders. Read More...

  • Business Wire4 months ago

    Cadence Bancorporation to Host Third Quarter 2018 Earnings Conference Call

    Cadence Bancorporation announced today that executive management will host a conference call to discuss third quarter 2018 results on Monday, October 22, 2018, at 12:00 p.m.

  • GuruFocus.com4 months ago

    Cadence Bancorp (CADE) Chairman and CEO Paul B Jr Murphy Sold $7.5 million of Shares

    Chairman and CEO of Cadence Bancorp (NYSE:CADE) Paul B Jr Murphy sold 275,000 shares of CADE on 09/14/2018 at an average price of $27.41 a share.

  • Business Wire4 months ago

    Cadence Bancorporation Announces Pricing of Secondary Offering of Class A Common Stock

    Cadence Bancorporation (CADE) today announced the pricing of its previously announced registered public secondary offering of 12,099,757 shares of Class A common stock, or approximately 14.5% of Cadence Bancorporation’s outstanding Class A common stock, at a public offering price of $27.55 per share and a total offering size of $333 million, before deducting underwriting discounts and commissions and estimated offering expenses. The shares sold in the offering are being sold by certain selling stockholders named in the preliminary prospectus supplement filed in connection with the proposed offering. Cadence Bancorporation is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering.