Cadence Bank Past Earnings Performance

Past criteria checks 1/6

Cadence Bank's earnings have been declining at an average annual rate of -6%, while the Banks industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 10% per year. Cadence Bank's return on equity is 2.3%, and it has net margins of 9.3%.

Key information

-6.0%

Earnings growth rate

-20.0%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	10.0%
Return on equity	2.3%
Net Margin	9.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Cadence Bank's (NYSE:CADE) Shareholders Will Receive A Bigger Dividend Than Last Year

May 19

Cadence Bank's (NYSE:CADE) Upcoming Dividend Will Be Larger Than Last Year's

Apr 30

Cadence Bank (NYSE:CADE) Will Pay A Larger Dividend Than Last Year At $0.235

Feb 01

Cadence Bank raises dividend by 7% to $0.235

Jan 25

Cadence Bank: Better Growth And Betas, But It Will Get Harder From Here

Dec 14

Cadence Bank Non-GAAP EPS of $0.78, revenue of $479.85M

Oct 24

Cadence Bank: Higher Interest Rates Erode The Tangible Book Value

Oct 01

Cadence Bank Non-GAAP EPS of $0.73, revenue of $324.8M

Jul 25

Cadence Bank: A Well-Covered 4% Yield While Preferreds Offer A 5.85% Income

Jul 18

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)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	1,271	118	870
30 Jun 24	1,222	68	878
31 Mar 24	1,192	38	885
31 Dec 23	1,155	-6	894
30 Sep 23	1,488	340	826
30 Jun 23	1,581	376	857
31 Mar 23	1,625	396	882
31 Dec 22	1,687	438	901
30 Sep 22	1,611	321	954
30 Jun 22	1,404	270	851
31 Mar 22	1,225	219	750
31 Dec 21	911	169	531
30 Sep 21	1,054	289	608
30 Jun 21	1,031	290	580
31 Mar 21	1,002	276	562
31 Dec 20	938	219	553
30 Sep 20	934	218	491
30 Jun 20	926	210	488
31 Mar 20	910	205	480
31 Dec 19	929	234	522
30 Sep 19	892	216	461
30 Jun 19	864	218	449
31 Mar 19	850	219	437
31 Dec 18	853	221	430
30 Sep 18	826	212	414
30 Jun 18	798	185	402
31 Mar 18	771	168	390
31 Dec 17	739	153	379
30 Sep 17	741	153	383
30 Jun 17	740	151	383
31 Mar 17	734	148	384
31 Dec 16	724	133	379
30 Sep 16	717	116	382
30 Jun 16	709	113	383
31 Mar 16	717	118	384
31 Dec 15	723	127	380
30 Sep 15	718	135	381
30 Jun 15	716	129	378
31 Mar 15	702	121	372
31 Dec 14	686	117	370
30 Sep 14	683	116	369
30 Jun 14	671	112	366
31 Mar 14	669	102	370
31 Dec 13	667	94	371

Quality Earnings: CADE has high quality earnings.

Growing Profit Margin: CADE's current net profit margins (9.3%) are lower than last year (22.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CADE's earnings have declined by 6% per year over the past 5 years.

Accelerating Growth: CADE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CADE had negative earnings growth (-65.4%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Cadence Bank Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

Cadence Bank to Report Q3, 2024 Results on Oct 21, 2024

Cadence Bank to Report Q2, 2024 Results on Jul 22, 2024

Cadence Bank to Report Q1, 2024 Results on Apr 22, 2024

Cadence Bank to Report Q4, 2023 Results on Jan 29, 2024

Cadence Bank to Report Q3, 2023 Results on Oct 23, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Recent updates

Chairman & CEO notifies of intention to sell stock

Third quarter dividend of US$0.25 announced

Cadence Bank Declares Quarterly Common Dividend, Payable on January 2, 2025

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

Cadence Bank to Report Q3, 2024 Results on Oct 21, 2024

Upcoming dividend of US$0.25 per share

Second quarter dividend of US$0.25 announced

Cadence Bank Declares Quarterly Common Dividend, Payable on October 1, 2024

Price target increased by 9.5% to US$34.65

Cadence Bank: Residential Mortgages Drive Growth

Cadence Bank to Report Q2, 2024 Results on Jul 22, 2024

Upcoming dividend of US$0.25 per share

Chairman & CEO notifies of intention to sell stock

Chairman & CEO recently sold US$838k worth of stock

Chairman & CEO notifies of intention to sell stock

First quarter dividend of US$0.25 announced

Cadence Bank Declares Quarterly Common Dividends, Payable on July 1, 2024

Cadence Bank: Assessing Recent Pain

Cadence Bank Announces Executive Changes Effective April 1, 2024

Cadence Bank to Report Q1, 2024 Results on Apr 22, 2024

Upcoming dividend of US$0.25 per share

Cadence Bank (NYSE:CADE) Will Pay A Larger Dividend Than Last Year At $0.25

Cadence Bank (NYSE:CADE) Will Pay A Larger Dividend Than Last Year At $0.25

Third quarter dividend increased to US$0.25

Cadence Bank Announces Increase in Quarterly Common Dividend, Payable on April 1, 2024

Price target increased by 8.5% to US$30.42

Cadence Bank to Report Q4, 2023 Results on Jan 29, 2024

Price target increased by 8.3% to US$27.65

Cadence Bank: A Respectful Downgrade After A Remarkable Run

Upcoming dividend of US$0.23 per share at 3.5% yield

Arthur J. Gallagher & Co. (NYSE:AJG) completed the acquisition of Galloway-Chandler-McKinney Insurance Agency, Inc. from Cadence Bank (NYSE:CADE).

Investor sentiment improves as stock rises 15%

Senior EVP & Chief Banking Officer notifies of intention to sell stock

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 47%

Cadence Bank Declares Quarterly Common Dividend, Payable on January 2, 2024

Arthur J. Gallagher & Co. (NYSE:AJG) entered into a definitive agreement to acquire Galloway-Chandler-McKinney Insurance Agency, Inc. from Cadence Bank (NYSE:CADE) for $904 million.

Cadence Bank to Report Q3, 2023 Results on Oct 23, 2023

Cadence Bank - Strong Loan Growth And Depressed Valuation Make For A Buy

Upcoming dividend of US$0.23 per share at 4.2% yield

Does Cadence Bank (NYSE:CADE) Deserve A Spot On Your Watchlist?

Consensus EPS estimates fall by 10%

Cadence Bank Declares Quarterly Common Dividend, Payable on October 2, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Cadence Bank: Another Regional Bank Worth Considering

Cadence Bank to Report Q2, 2023 Results on Jul 24, 2023

Cadence Bank Announces Executive Changes

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.23 per share at 4.6% yield

Cadence Bank's (NYSE:CADE) Shareholders Will Receive A Bigger Dividend Than Last Year

Cadence Bank Announces Executive Changes

Cadence Bank's (NYSE:CADE) Upcoming Dividend Will Be Larger Than Last Year's

First quarter 2023 earnings: Revenues miss analyst expectations

Price target decreased by 8.0% to US$25.42

Lead Independent Director recently bought US$207k worth of stock

Chairman & CEO recently bought US$97k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of US$0.23 per share at 3.6% yield

Full year 2022 earnings: Revenues in line with analyst expectations

Consensus EPS estimates fall by 11%

Cadence Bank (NYSE:CADE) Will Pay A Larger Dividend Than Last Year At $0.235

Full year 2022 earnings: EPS misses analyst expectations

Cadence Bank Announces Increase in Quarterly Common Dividend, Payable on April 3, 2023

Cadence Bank raises dividend by 7% to $0.235

Cadence Bank to Report Q4, 2022 Results on Jan 30, 2023

Cadence Bank: Better Growth And Betas, But It Will Get Harder From Here

Upcoming dividend of US$0.22 per share

Insider recently sold US$499k worth of stock

Cadence Bank Promotes John Griffith to Division President for the Pine Belt Region