HomeCADE • NYSE
Cadence Bank
$38.88
After Hours:
$38.88
(0.00%)0.00
Closed: Nov 22, 5:28:15 PM GMT-5 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$37.97
Day range
$37.99 - $38.98
Year range
$24.15 - $39.79
Market cap
7.10B USD
Avg Volume
1.38M
P/E ratio
11.19
Dividend yield
2.57%
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD)Sep 2024Y/Y change
Revenue
435.36M12.80%
Operating expense
248.02M-4.45%
Net income
136.44M47.37%
Net profit margin
31.3430.64%
Earnings per share
0.7330.36%
EBITDA
Effective tax rate
22.44%
Total assets
Total liabilities
(USD)Sep 2024Y/Y change
Cash and short-term investments
4.02B96.51%
Total assets
49.20B1.41%
Total liabilities
43.63B-1.12%
Total equity
5.57B
Shares outstanding
182.97M
Price to book
1.28
Return on assets
1.12%
Return on capital
Net change in cash
(USD)Sep 2024Y/Y change
Net income
136.44M47.37%
Cash from operations
256.46M23.07%
Cash from investing
263.81M-32.53%
Cash from financing
857.32M358.03%
Net change in cash
1.38B415.69%
Free cash flow
About
Cadence Bank is a commercial bank with dual headquarters in Tupelo, Mississippi, and Houston, Texas, with operations in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, Texas, and Illinois. In 1876, Raymond Trice and Company received a charter to create a bank in its hardware store in Verona, Mississippi. In 1886, the banking operation was moved to Tupelo, Mississippi and the company was renamed to Bank of Lee County, Mississippi. Soon after, it was renamed to the Bank of Tupelo. The bank was renamed to Bank of Mississippi in 1966. In 1997, the bank changed its name to BancorpSouth. In October 2021, the bank changed its name to Cadence Bank. It has the naming rights to Cadence Bank Amphitheatre in Atlanta and Cadence Bank Arena in Tupelo. Wikipedia
Founded
Mar 1, 1876
Employees
5,333
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