|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||18.13 - 19.01|
|52 Week Range||16.13 - 31.44|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||10.84|
|Earnings Date||Jan 28, 2019|
|Forward Dividend & Yield||0.60 (3.45%)|
|1y Target Est||25.60|
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.
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.
A merger that has resulted in one of Birmingham’s largest banks relocating its headquarters to Atlanta is complete.
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.
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.
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 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.
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.
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%.
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.
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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.
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 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.
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) 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?
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 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) 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.
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...
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.
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.
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.