|Bid||30.08 x 900|
|Ask||30.09 x 900|
|Day's Range||29.71 - 30.14|
|52 Week Range||20.00 - 31.44|
|PE Ratio (TTM)||22.04|
|Earnings Date||Jul 24, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||0.50 (1.67%)|
|1y Target Est||34.13|
NEW YORK , June 13, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
Cadence Insurance has more than 2,000 clients and 40 employees across four locations in greater Houston and Birmingham, Alabama.
Cadence Bancorporation (CADE) today announced the upsize and pricing of its previously announced registered public secondary offering. Cadence Bancorp, LLC will sell 18,000,000 shares of Cadence Bancorporation’s outstanding Class A common stock, or approximately 21.5% of Cadence Bancorporation’s outstanding Class A common stock, at a public offering price of $28.00 per share and a total offering size of $504 million. The offering was upsized from the previously announced offering size of 15,000,000 shares of Class A common stock.
Cadence Bancorporation (CADE) today announced the commencement of a registered public secondary offering of 15,000,000 shares of Class A common stock, or approximately 17.9% of Cadence Bancorporation’s outstanding Class A common stock. All of the shares sold in the offering will be sold by Cadence Bancorp, LLC. The underwriters will have a 30-day option to purchase up to an additional 2,250,000 shares of Class A common stock from Cadence Bancorp, LLC. Cadence Bancorporation is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering.
NEW YORK, May 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Armstrong ...
The Company's shares have gained 4.22% in the last month, 7.39% over the previous three months, and 34.42% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.50% and 15.71%, respectively. Furthermore, shares of Cadence, which 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 US, have a Relative Strength Index (RSI) of 52.10.
“The reason why we went public is to have the currency to acquire other banks,” Cadence President Hank Holmes said in an interview before the deal to acquire Atlanta’s State Bank Financial Corp. was announced this week. “It’s a tough acquisition market…We’re looking for a few gems out there.”
Cadence Bank CEO Sam Tortorici will relocate to Atlanta. Cadence Bank’s corporate headquarters will also move to Atlanta from Birmingham, Ala.
Cadence Bancorporation will remain headquartered in Houston after the acquisition, but the corporate headquarters of its Cadence Bank subsidiary will move from Birmingham, Alabama, to Atlanta.
Cadence Bancorporation (CADE) and State Bank Financial Corporation (STBZ) jointly announced today the entry into a definitive merger agreement in a stock-for-stock transaction, creating a combined organization with $16 billion in assets, $12 billion in loans, $13 billion in deposits and approximately 100 branches serving Texas, Georgia, Florida, Alabama, Tennessee and Mississippi, based on the companies’ balance sheets as of March 31, 2018. Under the terms of the merger agreement, State Bank Financial Corporation (“State Bank”) shareholders will receive 1.160 shares of Cadence Bancorporation (“Cadence”) Class A common stock for each share of State Bank common stock, valuing the transaction at approximately $1.4 billion based on the closing share price of Cadence of $30.23 on May 11, 2018.
The bank, based in Houston, said it had earnings of 46 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for ...
“We are very pleased to report to you our first quarter of 2018 financial results,” stated Paul B. Murphy, Jr., Chairman and Chief Executive Officer of Cadence Bancorporation. “April 2018 marks the one-year anniversary since we took Cadence Bancorporation public.
Cadence Bancorporation announced today that executive management will host a conference call to discuss first quarter 2018 results on Thursday, April 26, 2018, at 10:00 a.m.
Cadence Bancorporation today announced changes to its employee benefits and compensation as a result of federal tax reform legislation.
Cadence Bancorporation today announced the upsize and pricing of its previously-announced registered public secondary offering. Cadence Bancorp, LLC will sell 8,000,000 shares of Class A common stock, or approximately 9.6% of Cadence Bancorporation’s outstanding Class A common stock at a public offering price of $25.00 per share and a total offering size of $200,000,000.
Cadence Bancorporation today announced the commencement of a registered public secondary offering of 7,000,000 shares of Class A common stock, or approximately 8.4% of Cadence Bancorporation’s outstanding Class A common stock.
Cadence Bancorporation today announced net income for the quarter ended December 31, 2017 of $14.7 million, or $0.17 per diluted common share , compared to $32.6 million, or $0.39 per share, in the third quarter of 2017, and $29.0 million, or $0.38 per share, in the fourth quarter of 2016.
The bank, based in Houston, said it had earnings of 17 cents per share. Earnings, adjusted for pretax expenses, came to 39 cents per share. The results topped Wall Street expectations. The average estimate ...
Cadence Bancorporation announced today that executive management will host a conference call to discuss fourth quarter and full year 2017 results on Thursday, January 25, 2018, at 10:00 a.m.
After just a small handful of Houston-area companies went public last year, the Bayou City bounced back with a more robust number of initial public offerings in 2017. In fact, two of Houston's 2017 IPOs ...
Cadence Bancorp shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 75 to 81.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Cadence Bancorp. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)