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Earnings
Cadence Bank reports Q4 adjusted EPS 78c, consensus 74c » 16:33
01/30/23
01/30
16:33
01/30/23
16:33
CADE

Cadence Bank

$25.77 /

-0.27 (-1.04%)

Reports Q4 net recoveries…

Reports Q4 net recoveries $5.0M, or 0.07% of net loans and leases on an annualized basis, compared with net recoveries of $4.8M last year and net charge-offs of $6.7M in Q3. Reports Q4 provision for credit losses $6.0M, compared with a provision for credit losses of $133.6M last year, which included a day one accounting provision of $132.1M related to the legacy Cadence merger, and no recorded provision for credit losses for the Q3. Q4 provision included $4M for unfunded commitments and $2M related to loans. "Our financial results for both the Q4 and FY22 reflect a number of key accomplishments," remarked Dan Rollins, Chairman and CEO. "Our bankers have continued to generate meaningful business, including net loan growth of $1.1B, or 14% annualized for the Q4, which resulted in total net loan growth of $3.5B, or 13% for the year. We were also pleased with our ability to hold our deposits flat for the quarter despite continued pressure on liquidity across the industry. Also, our net interest margin improved for the fifth consecutive quarter."

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CADE Cadence Bank
$25.77 /

-0.27 (-1.04%)

CADE Cadence Bank
$25.77 /

-0.27 (-1.04%)

12/28/22 Stephens
Stephens carries over seven stocks to 'Best Ideas' list for 2023
12/05/22 Morgan Stanley
Cadence Bank initiated with an Equal Weight at Morgan Stanley
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral at Janney Montgomery Scott on valuation
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott
CADE Cadence Bank
$25.77 /

-0.27 (-1.04%)

Over a week ago
Hot Stocks
Cadence Bank raises quarterly dividend to 23.5c from 22c per share » 16:34
01/25/23
01/25
16:34
01/25/23
16:34
CADE

Cadence Bank

$24.94 /

-0.085 (-0.34%)

The common stock dividend…

The common stock dividend is payable on April 3 to shareholders of record at the close of business on March 15.

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CADE Cadence Bank
$24.94 /

-0.085 (-0.34%)

CADE Cadence Bank
$24.94 /

-0.085 (-0.34%)

12/28/22 Stephens
Stephens carries over seven stocks to 'Best Ideas' list for 2023
12/05/22 Morgan Stanley
Cadence Bank initiated with an Equal Weight at Morgan Stanley
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral at Janney Montgomery Scott on valuation
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott
CADE Cadence Bank
$24.94 /

-0.085 (-0.34%)

Over a month ago
Recommendations
Stephens carries over seven stocks to 'Best Ideas' list for 2023 » 07:50
12/28/22
12/28
07:50
12/28/22
07:50
CASY

Casey's General Stores

$230.95 /

-4.55 (-1.93%)

, CRWD

Crowdstrike

$100.71 /

-1.29 (-1.26%)

, GKOS

Glaukos

$40.82 /

-1.885 (-4.41%)

, VZIO

Vizio

$7.40 /

-0.19 (-2.50%)

, VMC

Vulcan Materials

$175.69 /

+0.68 (+0.39%)

, WBS

Webster Financial

$46.72 /

-0.07 (-0.15%)

, WEN

Wendy's

$22.85 /

-0.285 (-1.23%)

, AER

AerCap

$57.43 /

+0.75 (+1.32%)

, BANR

Banner Corp.

$63.58 /

+0.66 (+1.05%)

, BLFS

BioLife Solutions

$17.16 /

-0.405 (-2.31%)

, CADE

Cadence Bank

$24.74 /

+0.075 (+0.30%)

, BUSE

First Busey

$24.93 /

-0.045 (-0.18%)

, HUBB

Hubbell

$236.90 /

+1.095 (+0.46%)

, JBHT

J.B. Hunt

$178.18 /

+0.72 (+0.41%)

, KEX

Kirby

$64.49 /

+0.02 (+0.03%)

, NCR

NCR Corp.

$23.40 /

+0.175 (+0.75%)

, PRCH

Porch Group

$1.57 /

-0.145 (-8.48%)

, TALO

Talos Energy

$19.77 /

+0.2 (+1.02%)

, MODG

Topgolf Callaway

$19.42 /

-0.29 (-1.47%)

, VCYT

Veracyte

$23.87 /

-0.71 (-2.89%)

In anticipation of…

In anticipation of publishing a complete updated 2023 "Best Ideas" list on January 3, analysts at Stephens announced seven stocks that are being retained on the firm's "Best Ideas" list: Casey's General Stores (CASY), Crowdstrike (CRWD), Glaukos (GKOS), Vizio (VZIO), Vulcan Materials (VMC), Webster Financial (WBS) and Wendy's (WEN). The firm is dropping the following stocks from its "Best Ideas" list: AerCap (AER), Banner Corp. (BANR), BioLife Solutions (BLFS), Cadence Bank (CADE), First Busey (BUSE), Hubbell (HUBB), J.B. Hunt (JBHT), Kirby (KEX), NCR Corp. (NCR), Porch Group (PRCH), Talos Energy (TALO), Topgolf Callaway (MODG) and Veracyte (VCYT).

ShowHide Related Items >><<
WEN Wendy's
$22.85 /

-0.285 (-1.23%)

WBS Webster Financial
$46.72 /

-0.07 (-0.15%)

VZIO Vizio
$7.40 /

-0.19 (-2.50%)

VCYT Veracyte
$23.87 /

-0.71 (-2.89%)

TALO Talos Energy
$19.77 /

+0.2 (+1.02%)

PRCH Porch Group
$1.57 /

-0.145 (-8.48%)

NCR NCR Corp.
$23.40 /

+0.175 (+0.75%)

MODG Topgolf Callaway
$19.42 /

-0.29 (-1.47%)

KEX Kirby
$64.49 /

+0.02 (+0.03%)

JBHT J.B. Hunt
$178.18 /

+0.72 (+0.41%)

HUBB Hubbell
$236.90 /

+1.095 (+0.46%)

GKOS Glaukos
$40.82 /

-1.885 (-4.41%)

CRWD Crowdstrike
$100.71 /

-1.29 (-1.26%)

CASY Casey's General Stores
$230.95 /

-4.55 (-1.93%)

CADE Cadence Bank
$24.74 /

+0.075 (+0.30%)

BLFS BioLife Solutions
$17.16 /

-0.405 (-2.31%)

AER AerCap
$57.43 /

+0.75 (+1.32%)

CASY Casey's General Stores
$230.95 /

-4.55 (-1.93%)

12/19/22 Credit Suisse
Casey's General Stores initiated with a Neutral at Credit Suisse
12/08/22 Benchmark
Casey's General Stores price target raised to $275 from $230 at Benchmark
12/08/22 Deutsche Bank
Casey's General Stores price target raised to $291 from $286 at Deutsche Bank
CRWD Crowdstrike
$100.71 /

-1.29 (-1.26%)

12/15/22 Wedbush
Wedbush bullish on Crowdstrike, initiates with an Outperform
12/14/22 Wedbush
Crowdstrike initiated with an Outperform at Wedbush
12/09/22 BTIG
Datadog price target lowered to $93 from $104 at BTIG
GKOS Glaukos
$40.82 /

-1.885 (-4.41%)

12/28/22 Stephens
Glaukos price target lowered to $68 from $69 at Stephens
12/28/22 Stephens
Cutera price target lowered to $68 from $78 at Stephens
12/22/22 Mizuho
Glaukos initiated with a Neutral at Mizuho
VZIO Vizio
$7.40 /

-0.19 (-2.50%)

12/23/22 Needham
Vizio price target lowered to $11 from $16 at Needham
12/01/22 Morgan Stanley
Vizio initiated with an Equal Weight at Morgan Stanley
10/04/22 Stephens
Adeia initiated with an Overweight at Stephens
VMC Vulcan Materials
$175.69 /

+0.68 (+0.39%)

12/19/22 Stifel
Vulcan Materials price target raised to $227 from $215 at Stifel
12/08/22 JPMorgan
Vulcan Materials upgraded to Overweight from Neutral at JPMorgan
10/12/22 DA Davidson
Vulcan Materials price target lowered to $200 from $205 at DA Davidson
WBS Webster Financial
$46.72 /

-0.07 (-0.15%)

12/13/22 JPMorgan
Webster Financial price target lowered to $50 from $56 at JPMorgan
12/05/22 Morgan Stanley
Webster Financial initiated with an Overweight at Morgan Stanley
11/28/22 Stephens
Webster Financial named a 'Best Idea' at Stephens
WEN Wendy's
$22.85 /

-0.285 (-1.23%)

12/15/22 Jefferies
Wendy's initiated with a Hold at Jefferies
11/10/22 Deutsche Bank
Wendy's price target lowered to $23 from $24 at Deutsche Bank
11/10/22 Citi
Wendy's price target lowered to $22 from $23 at Citi
AER AerCap
$57.43 /

+0.75 (+1.32%)

11/04/22 Barclays
AerCap price target raised to $66 from $58 at Barclays
07/13/22 Barclays
AerCap price target lowered to $58 from $72 at Barclays
05/25/22 HSBC
AerCap price target lowered to $65 from $69.50 at HSBC
05/18/22 Susquehanna
AerCap price target lowered to $70 from $75 at Susquehanna
BANR Banner Corp.
$63.58 /

+0.66 (+1.05%)

10/21/22 Raymond James
Banner Corp. downgraded to Outperform from Strong Buy at Raymond James
06/28/22 Janney Montgomery Scott
Banner Corp. upgraded to Buy from Neutral at Janney Montgomery Scott
06/17/22 Stephens
Stephens upgrades Banner to Overweight as Street mismodels rate sensitivity
06/17/22 Stephens
Banner Corp. upgraded to Overweight from Equal Weight at Stephens
BLFS BioLife Solutions
$17.16 /

-0.405 (-2.31%)

12/06/22 Northland
BioLife Solutions weakness creates buying opportunity, says Northland
08/10/22 Cowen
BioLife Solutions price target lowered to $29 from $32 at Cowen
05/17/22 B. Riley
BioLife Solutions price target lowered to $34 from $48 at B. Riley
05/12/22 Maxim
BioLife Solutions price target lowered to $30 from $60 at Maxim
CADE Cadence Bank
$24.74 /

+0.075 (+0.30%)

12/05/22 Morgan Stanley
Cadence Bank initiated with an Equal Weight at Morgan Stanley
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral at Janney Montgomery Scott on valuation
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott
07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
BUSE First Busey
$24.93 /

-0.045 (-0.18%)

07/11/22 B. Riley
First Busey price target lowered to $23 from $27 at B. Riley
04/12/22 B. Riley
First Busey price target lowered to $27 from $30 at B. Riley
01/31/22 Raymond James
First Busey upgraded to Outperform from Market Perform at Raymond James
01/31/22 Raymond James
First Busey upgraded to Outperform from Market Perform at Raymond James
HUBB Hubbell
$236.90 /

+1.095 (+0.46%)

12/01/22 Wolfe Research
Hubbell downgraded to Underperform from Peer Perform at Wolfe Research
11/17/22 UBS
Hubbell price target raised to $254 from $200 at UBS
10/27/22 Wells Fargo
Hubbell price target raised to $215 from $196 at Wells Fargo
10/26/22 Mizuho
Hubbell price target raised to $252 from $220 at Mizuho
JBHT J.B. Hunt
$178.18 /

+0.72 (+0.41%)

11/28/22 Deutsche Bank
J.B. Hunt price target lowered to $228 from $230 at Deutsche Bank
10/20/22 Benchmark
J.B. Hunt price target lowered to $195 from $215 at Benchmark
10/19/22 Baird
J.B. Hunt should be bought on pullbacks at Baird
10/19/22 Susquehanna
J.B. Hunt price target lowered to $194 from $196 at Susquehanna
KEX Kirby
$64.49 /

+0.02 (+0.03%)

01/28/22 BTIG
Kirby upgraded to Buy at BTIG on improving inland barge market
01/28/22 BTIG
Kirby upgraded to Buy from Neutral at BTIG
01/03/22 Stephens
Wendy's, Kirby and Vizio among Stephens' 2022 Best Ideas
NCR NCR Corp.
$23.40 /

+0.175 (+0.75%)

10/27/22 DA Davidson
NCR Corp. price target lowered to $35 from $45 at DA Davidson
10/17/22 Morgan Stanley
NCR Corp. price target lowered to $24 from $27 at Morgan Stanley
09/21/22 Stephens
NCR Corp. price target lowered to $28 from $38 at Stephens
09/19/22 Morgan Stanley
NCR Corp. downgraded to Equal Weight from Overweight at Morgan Stanley
PRCH Porch Group
$1.57 /

-0.145 (-8.48%)

11/09/22 Oppenheimer
Porch Group price target lowered to $3 from $9 at Oppenheimer
11/09/22 Northland
Porch Group price target lowered to $4.50 from $7 at Northland
11/09/22 JPMorgan
Porch Group downgraded to Neutral from Overweight at JPMorgan
08/10/22 Cantor Fitzgerald
Porch Group assumed with an Overweight at Cantor Fitzgerald
TALO Talos Energy
$19.77 /

+0.2 (+1.02%)

10/19/22 Stifel
Talos Energy resumed with a Buy at Stifel
07/28/22 MKM Partners
Climate bill contains 'strong benefit' to carbon capture E&Ps, says MKM
07/20/22 MKM Partners
Talos Energy assumed with a Buy at MKM Partners
04/26/22 KeyBanc
KeyBanc says Axios report positive for Plug Power, other fuel cell names
MODG Topgolf Callaway
$19.42 /

-0.29 (-1.47%)

10/26/22 JPMorgan
Topgolf Callaway price target lowered to $29 from $30 at JPMorgan
10/10/22 B. Riley
Topgolf Callaway transferred with Buy rating at B. Riley
10/05/22 Truist
Topgolf Callaway price target lowered to $28 from $32 at Truist
09/16/22 Tigress Financial
Topgolf Callaway initiated with a Buy at Tigress Financial
VCYT Veracyte
$23.87 /

-0.71 (-2.89%)

05/04/22 Needham
Veracyte price target lowered to $26 from $31 at Needham
03/15/22 Needham
Needham drops Veracyte target, says shares undervalued
03/01/22 Lake Street
Veracyte price target lowered to $50 from $95 at Lake Street
03/01/22 Needham
Veracyte price target lowered to $35 from $55 at Needham
WEN Wendy's
$22.85 /

-0.285 (-1.23%)

WBS Webster Financial
$46.72 /

-0.07 (-0.15%)

VZIO Vizio
$7.40 /

-0.19 (-2.50%)

VMC Vulcan Materials
$175.69 /

+0.68 (+0.39%)

VCYT Veracyte
$23.87 /

-0.71 (-2.89%)

TALO Talos Energy
$19.77 /

+0.2 (+1.02%)

PRCH Porch Group
$1.57 /

-0.145 (-8.48%)

NCR NCR Corp.
$23.40 /

+0.175 (+0.75%)

MODG Topgolf Callaway
$19.42 /

-0.29 (-1.47%)

KEX Kirby
$64.49 /

+0.02 (+0.03%)

JBHT J.B. Hunt
$178.18 /

+0.72 (+0.41%)

HUBB Hubbell
$236.90 /

+1.095 (+0.46%)

GKOS Glaukos
$40.82 /

-1.885 (-4.41%)

CRWD Crowdstrike
$100.71 /

-1.29 (-1.26%)

CASY Casey's General Stores
$230.95 /

-4.55 (-1.93%)

CADE Cadence Bank
$24.74 /

+0.075 (+0.30%)

BUSE First Busey
$24.93 /

-0.045 (-0.18%)

BLFS BioLife Solutions
$17.16 /

-0.405 (-2.31%)

BANR Banner Corp.
$63.58 /

+0.66 (+1.05%)

AER AerCap
$57.43 /

+0.75 (+1.32%)

WEN Wendy's
$22.85 /

-0.285 (-1.23%)

VZIO Vizio
$7.40 /

-0.19 (-2.50%)

TALO Talos Energy
$19.77 /

+0.2 (+1.02%)

NCR NCR Corp.
$23.40 /

+0.175 (+0.75%)

KEX Kirby
$64.49 /

+0.02 (+0.03%)

CRWD Crowdstrike
$100.71 /

-1.29 (-1.26%)

AER AerCap
$57.43 /

+0.75 (+1.32%)

WEN Wendy's
$22.85 /

-0.285 (-1.23%)

WBS Webster Financial
$46.72 /

-0.07 (-0.15%)

VZIO Vizio
$7.40 /

-0.19 (-2.50%)

VMC Vulcan Materials
$175.69 /

+0.68 (+0.39%)

VCYT Veracyte
$23.87 /

-0.71 (-2.89%)

PRCH Porch Group
$1.57 /

-0.145 (-8.48%)

NCR NCR Corp.
$23.40 /

+0.175 (+0.75%)

KEX Kirby
$64.49 /

+0.02 (+0.03%)

JBHT J.B. Hunt
$178.18 /

+0.72 (+0.41%)

HUBB Hubbell
$236.90 /

+1.095 (+0.46%)

GKOS Glaukos
$40.82 /

-1.885 (-4.41%)

CRWD Crowdstrike
$100.71 /

-1.29 (-1.26%)

CASY Casey's General Stores
$230.95 /

-4.55 (-1.93%)

BLFS BioLife Solutions
$17.16 /

-0.405 (-2.31%)

AER AerCap
$57.43 /

+0.75 (+1.32%)

WEN Wendy's
$22.85 /

-0.285 (-1.23%)

NCR NCR Corp.
$23.40 /

+0.175 (+0.75%)

MODG Topgolf Callaway
$19.42 /

-0.29 (-1.47%)

JBHT J.B. Hunt
$178.18 /

+0.72 (+0.41%)

CRWD Crowdstrike
$100.71 /

-1.29 (-1.26%)

Hot Stocks
Cadence Bank announces new 10M share repurchase program » 08:09
12/15/22
12/15
08:09
12/15/22
08:09
CADE

Cadence Bank

$23.99 /

-0.4498 (-1.84%)

Cadence Bank's Board…

Cadence Bank's Board of Directors authorized a new share repurchase program allowing the company to purchase up to an aggregate of 10M shares of Cadence's common stock. Subject to the approval of the Federal Deposit Insurance Corporation, this new share repurchase program will be effective on January 3, 2023 and will expire on December 29, 2023. Cadence has repurchased 6.1M shares of Cadence common stock authorized under its current share repurchase program, which expires December 30, 2022.

ShowHide Related Items >><<
CADE Cadence Bank
$23.99 /

-0.4498 (-1.84%)

CADE Cadence Bank
$23.99 /

-0.4498 (-1.84%)

12/05/22 Morgan Stanley
Cadence Bank initiated with an Equal Weight at Morgan Stanley
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral at Janney Montgomery Scott on valuation
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott
07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
CADE Cadence Bank
$23.99 /

-0.4498 (-1.84%)

Conference/Events
Cadence Bank to participate in a conference call with Truist » 11:39
12/09/22
12/09
11:39
12/09/22
11:39
CADE

Cadence Bank

$26.12 /

-0.25 (-0.95%)

Analyst Demba holds a…

Analyst Demba holds a conference call with CEO Rollins and CFO Toalson on December 9 at 12 pm hosted by Truist. Webcast Link

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CADE Cadence Bank
$26.12 /

-0.25 (-0.95%)

CADE Cadence Bank
$26.12 /

-0.25 (-0.95%)

12/05/22 Morgan Stanley
Cadence Bank initiated with an Equal Weight at Morgan Stanley
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral at Janney Montgomery Scott on valuation
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott
07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
CADE Cadence Bank
$26.12 /

-0.25 (-0.95%)

Initiation
Cadence Bank initiated with an Equal Weight at Morgan Stanley » 06:42
12/05/22
12/05
06:42
12/05/22
06:42
CADE

Cadence Bank

$29.12 /

+0.3 (+1.04%)

Morgan Stanley analyst…

Morgan Stanley analyst Manan Gosalia initiated coverage of Cadence Bank with an Equal Weight rating and $32 price target as he initiated coverage of 12 midcap banks and took over coverage of several others. Gosalia prefers to be positioned in names that are best-equipped to manage the headwinds from tightening liquidity conditions as rates rise, and has Underweight ratings on three that will see the most funding pressure due to idiosyncratic factors, the analyst tells investors.

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CADE Cadence Bank
$29.12 /

+0.3 (+1.04%)

CADE Cadence Bank
$29.12 /

+0.3 (+1.04%)

11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral at Janney Montgomery Scott on valuation
11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott
07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
06/15/22 Truist
Cadence Bank price target lowered to $30 from $32 at Truist
CADE Cadence Bank
$29.12 /

+0.3 (+1.04%)

Downgrade
Cadence Bank downgraded to Neutral at Janney Montgomery Scott on valuation » 07:45
11/17/22
11/17
07:45
11/17/22
07:45
CADE

Cadence Bank

$28.43 /

-0.33 (-1.15%)

As previously reported,…

As previously reported, Janney Montgomery Scott analyst John Rodis downgraded Cadence Bank to Neutral from Buy with a fair value estimate of $30, up from $29. His revised estimate implies potential upside of 5%-6%, noted Rodis, who cites valuation for his lowered rating.

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CADE Cadence Bank
$28.43 /

-0.33 (-1.15%)

CADE Cadence Bank
$28.43 /

-0.33 (-1.15%)

11/17/22 Janney Montgomery Scott
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott
07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
06/15/22 Truist
Cadence Bank price target lowered to $30 from $32 at Truist
01/03/22 Keefe Bruyette
Apollo long, Rocket short amid KBW's 13 best ideas for 2022
CADE Cadence Bank
$28.43 /

-0.33 (-1.15%)

Downgrade
Cadence Bank downgraded to Neutral from Buy at Janney Montgomery Scott » 07:04
11/17/22
11/17
07:04
11/17/22
07:04
CADE

Cadence Bank

$28.43 /

-0.33 (-1.15%)

Janney Montgomery Scott…

Janney Montgomery Scott analyst John Rodis downgraded Cadence Bank to Neutral from Buy with a $30 fair value estimate.

ShowHide Related Items >><<
CADE Cadence Bank
$28.43 /

-0.33 (-1.15%)

CADE Cadence Bank
$28.43 /

-0.33 (-1.15%)

07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
06/15/22 Truist
Cadence Bank price target lowered to $30 from $32 at Truist
01/03/22 Keefe Bruyette
Apollo long, Rocket short amid KBW's 13 best ideas for 2022
01/03/22 Stephens
Wendy's, Kirby and Vizio among Stephens' 2022 Best Ideas
CADE Cadence Bank
$28.43 /

-0.33 (-1.15%)

Hot Stocks
LPL Financial welcomes BancorpSouth to Institution Services Platform » 09:08
11/08/22
11/08
09:08
11/08/22
09:08
LPLA

LPL Financial

$267.86 /

+1.11 (+0.42%)

, CADE

Cadence Bank

$27.44 /

+0.22 (+0.81%)

LPL Financial (LPLA)…

LPL Financial (LPLA) announced that Cadence Bank (CADE) plans to onboard the investment business of legacy BancorpSouth Bank to LPL's platform in the fourth quarter of 2022. Legacy Cadence Bank, which leveraged LPL's Investment Services platform to support its investment business, merged into BancorpSouth Bank in a deal that closed in October 2021. Legacy BancorpSouth's retail advisory and brokerage business comprises more than 25 financial advisors, who collectively serve ~$2.5 billion of brokerage and advisory assets estimated as of September 30, 2022

ShowHide Related Items >><<
LPLA LPL Financial
$267.86 /

+1.11 (+0.42%)

CADE Cadence Bank
$27.44 /

+0.22 (+0.81%)

LPLA LPL Financial
$267.86 /

+1.11 (+0.42%)

11/01/22 Credit Suisse
Credit Suisse upgrades LPL Financial to Outperform, raises price target to $315
11/01/22 Credit Suisse
LPL Financial upgraded to Outperform from Neutral at Credit Suisse
10/18/22 Credit Suisse
LPL Financial initiated with a Neutral at Credit Suisse
10/12/22 Citi
Citi starts exchanges and brokers with CME, MarketAxess among top picks
CADE Cadence Bank
$27.44 /

+0.22 (+0.81%)

07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
06/15/22 Truist
Cadence Bank price target lowered to $30 from $32 at Truist
01/03/22 Keefe Bruyette
Apollo long, Rocket short amid KBW's 13 best ideas for 2022
01/03/22 Stephens
Wendy's, Kirby and Vizio among Stephens' 2022 Best Ideas
LPLA LPL Financial
$267.86 /

+1.11 (+0.42%)

CADE Cadence Bank
$27.44 /

+0.22 (+0.81%)

Over a quarter ago
Earnings
Cadence Bank reports Q3 adjusted EPS 78c, consensus » 16:31
10/24/22
10/24
16:31
10/24/22
16:31
CADE

Cadence Bank

$27.38 /

+0.325 (+1.20%)

Net interest margin…

Net interest margin improved to 3.28%, up 22 basis points (and up 26 basis points excluding the impact of purchase accounting accretion) from the linked quarter, driven by continued improvement in loan yields, changes to the earning asset mix resulting from net loan growth and disciplined management of deposit pricing. "Our team is pleased to report continued positive momentum for Cadence Bank, highlighted by growth in adjusted earnings per share to $0.78 for the third quarter as well as the recent successful conversion of core systems and re-branding across our footprint," remarked Dan Rollins, Chairman and CEO of the company. "We also had another good quarter in terms of loan growth, reporting total growth of $936 million, or 13% on an annualized basis. Our net interest margin improved as we continue to benefit from rising rates and improvement in our earning asset mix. Importantly, credit quality remains stable, which is reflected in no recorded provision for credit losses for the quarter."

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CADE Cadence Bank
$27.38 /

+0.325 (+1.20%)

CADE Cadence Bank
$27.38 /

+0.325 (+1.20%)

07/11/22 Jefferies
Cadence Bank price target lowered to $26 from $28 at Jefferies
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CADE Cadence Bank
$27.38 /

+0.325 (+1.20%)

CADE Cadence Bank
$27.38 /

+0.325 (+1.20%)

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