Cadence Bank

NYSE:CADE Stock Report

Market Cap: US$7.9b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Cadence Bank Past Earnings Performance

Past criteria checks 2/6

Cadence Bank has been growing earnings at an average annual rate of 13.3%, while the Banks industry saw earnings growing at 2.1% annually. Revenues have been growing at an average rate of 10.7% per year. Cadence Bank's return on equity is 8.7%, and it has net margins of 28.6%.

Key information

13.27%

Earnings growth rate

-0.45%

EPS growth rate

Banks Industry Growth11.18%
Revenue growth rate10.71%
Return on equity8.72%
Net Margin28.64%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Narrative Update • Jan 24

CADE: All-Stock Huntington Deal Will Proceed With Balanced Rating Resets

Analysts have nudged their average price target on Cadence Bank slightly lower, from about $44 to roughly $43.11. This reflects updated merger related views and more measured assumptions for growth, profitability, and future P/E levels following the announced all stock sale to Huntington Bancshares.
Narrative Update • Jan 10

CADE: All-Stock Sale To Huntington Will Proceed With Balanced Rating Shifts

Analysts have edged their price target for Cadence Bank higher, lifting fair value from $42.70 to $44.00 as they factor in refreshed merger-related assumptions, slightly different discounting, and updated views on revenue growth, profit margins, and future P/E following the announced all-stock sale to Huntington Bancshares and the recent mix of downgrades and an upgrade around the $40 to $47 target range. Analyst Commentary Recent research on Cadence Bank focuses squarely on the announced all stock sale to Huntington Bancshares and what that means for valuation and execution over the next year.
Narrative Update • Dec 15

CADE: All-Stock Deal Will Proceed Toward 2026 Close Amid Mixed Rating Shifts

Analysts have modestly revised their price targets for Cadence Bank, with estimates now clustered near the mid to high $40 range. This reflects the announced all stock sale to Huntington Bancshares and expectations for strategic alignment and regional expansion benefits.
Narrative Update • Nov 30

CADE: The All-Stock Sale Will Close in 2026 Amid Market Realignment

Analysts have adjusted their price targets for Cadence Bank following the announced sale to Huntington Bancshares, with estimates now ranging from $40 to $47. This reflects the company's upcoming merger and the anticipated strategic realignment within the sector.
Narrative Update • Nov 16

CADE: The All-Stock Sale Will Drive Southeast Market Expansion Through 2026

Analysts have adjusted their price targets for Cadence Bank, with the consensus moving modestly downward by $1.00 per share. Recent research cites the announced sale to Huntington Bancshares and the resulting shift in outlook as key factors in the updated valuation.
Narrative Update • Nov 01

CADE: Merger With Huntington Will Drive Expansion Across Southeast Through 2026

Analysts have modestly raised their price target for Cadence Bank to $42.70. This reflects updated merger expectations and alignment with recent market research following the announced acquisition by Huntington Bancshares.
Seeking Alpha • Oct 27

Huntington Bancshares Gobbles Up Cadence Bank

Summary Huntington Bancshares will acquire Cadence Bank in a $7.4 billion all-stock deal, expanding HBAN's national presence. CADE shareholders receive a 9% premium, while HBAN expects significant cost synergies and expanded reach, especially in Texas and the Southeast. If projected synergies materialize, HBAN's profitability and valuation should improve, making the deal attractive for long-term investors. Both HBAN and CADE merit a soft 'buy' rating, with the transaction offering upside if integration targets are achieved. Read the full article on Seeking Alpha
Narrative Update • Oct 18

Sunbelt Expansion And Digital Advances Will Strengthen Future Operations

Analysts have increased their price target for Cadence Bank from $41.45 to $42.27, citing subtle improvements in valuation metrics and forward expectations, even though earnings outlooks remain largely stable. What's in the News Cadence Bank launched a collaboration with Magnusmode to provide banking-specific digital Card Decks on the MagnusCards mobile app.
Narrative Update • Oct 04

Sunbelt Expansion And Digital Advances Will Strengthen Future Operations

The analyst price target for Cadence Bank has risen from $40.20 to $41.45. Analysts cite improved operating conditions and upside potential following recent upgrades and positive outlooks for the stock.
Seeking Alpha • Dec 26

Cadence Bank: Correcting A Past Mistake (Rating Upgrade)

Summary Initially rated Cadence Bank as a 'hold' due to declining profitability, but recent strong performance and a 27.7% stock increase warrant an upgrade to 'buy'. Cadence Bank, with dual headquarters in Mississippi and Texas, has over 350 locations and focuses on high-growth markets like Florida and Texas. Recent financials show significant growth in deposits, loans, and net interest income, alongside reduced debt and improved non-interest income. Despite not having the best asset quality, Cadence Bank's attractive valuation and strong income statement improvements justify a soft 'buy' rating. Read the full article on Seeking Alpha
Seeking Alpha • Oct 04

Cadence Bank: Above-Average NIM Prospects Can Lead To Continuing Outperformance

Summary Southern bank Cadence has outperformed over the past 12 months, as its net interest margin has perked up after being hurt following the steep rise in industry-wide funding costs. CADE had a slightly weaker loan and earning-asset beta over the hiking cycle, though with room to bring funding costs down, that can help it now that rates are falling. EPS is seen growing nicely next year. With these shares trading for under 12x consensus 2024 EPS, near-term returns potential looks attractive. Read the full article on Seeking Alpha
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New Narrative • Aug 29

Critical Growth And Efficiency Drive Bank's Bright Financial Future

Cadence Bank's focus on diversified loan growth and disciplined deposit strategies enhances revenue and net interest income, promising stable funding and cost efficiency.
Seeking Alpha • Jul 23

Cadence Bank: Residential Mortgages Drive Growth

Summary Cadence Bank beats EPS and revenue estimates in recent results. The loan portfolio is shifting towards Residential Mortgages, with less focus on C&I Non-Real Estate Loans. CADE stock remains a hold, with positive loan quality and improving net interest margin, but not low enough P/TBV per share. Read the full article on Seeking Alpha
Seeking Alpha • Apr 21

Cadence Bank: Assessing Recent Pain

Summary Cadence Bank's shares have declined 4.2% while the S&P 500 has risen 9.5%. Net interest income for Cadence Bank declined by 16.1% in the final quarter of the year, driven by higher interest expenses and security losses. The firm has seen other pains as well that are responsible for its share price decline, but this isn't a reason to become pessimistic. Similarly, shares are not yet cheap enough to become bullish about either, and investors should monitor the situation closely moving forward. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Cadence Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:CADE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 251,8595339410
30 Sep 251,7955199050
30 Jun 251,7455258730
31 Mar 251,7355308610
31 Dec 241,7225148670
30 Sep 241,2711188700
30 Jun 241,222688780
31 Mar 241,192388850
31 Dec 231,155-68940
30 Sep 231,4883408260
30 Jun 231,5813768570
31 Mar 231,6253968820
31 Dec 221,6874389010
30 Sep 221,6113219540
30 Jun 221,4042708510
31 Mar 221,2252197500
31 Dec 219111695310
30 Sep 211,0542896080
30 Jun 211,0312905800
31 Mar 211,0022765620
31 Dec 209382195530
30 Sep 209342184910
30 Jun 209262104880
31 Mar 209102054800
31 Dec 199292345220
30 Sep 198922164610
30 Jun 198642184490
31 Mar 198502194370
31 Dec 188532214300
30 Sep 188262124140
30 Jun 187981854020
31 Mar 187711683900
31 Dec 177391533790
30 Sep 177411533830
30 Jun 177401513830
31 Mar 177341483840
31 Dec 167241333790
30 Sep 167171163820
30 Jun 167091133830
31 Mar 167171183840
31 Dec 157231273800
30 Sep 157181353810
30 Jun 157161293780
31 Mar 157021213720

Quality Earnings: CADE has high quality earnings.

Growing Profit Margin: CADE's current net profit margins (28.6%) are lower than last year (29.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CADE's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: CADE's earnings growth over the past year (3.6%) is below its 5-year average (13.3% per year).

Earnings vs Industry: CADE earnings growth over the past year (3.6%) did not outperform the Banks industry 19.6%.

Return on Equity

High ROE: CADE's Return on Equity (8.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/02 06:10
End of Day Share Price 2026/01/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cadence Bank is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jared David ShawBarclays
Benjamin GerlingerCitigroup Inc
Emlen HarmonCitizens JMP Securities, LLC