The awards highlight the bank's commitment to middle market and small business clients, as well as personalized relationship banking HOUSTON and TUPELO, Miss., July 28, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) is proud to announce it has earned four prestigious Coalition Greenwich Best Bank Awards, recognizing the bank's outstanding performance in and commitment to delivering exceptional service in middle market and small business banking.Presented annually by Crisil Coalition Greenwich, the awards ho ...

Cadence Bank (CADE) Q2 2025 Earnings Call July 24, 2025 11:00 AM ET Company ParticipantsWill Fisackerly - Executive VP & Director of Corporate FinanceDan Rollins - Chairman and CEOValerie Toalson - Senior EVP & CFOManan Gosalia - Head - U.S. Midcaps Banks ResearchCatherine Mealor - Managing DirectorEdward Braddock - Chief Banking OfficerChris Bagley - President & Chief Credit OfficerJared Shaw - Managing DirectorMichael Rose - Managing DirectorJon Arfstrom - MD & Associate Director - US ResearchBen Gerlinge ...

Financial Data and Key Metrics Changes - Adjusted net income from continuing operations increased to $137.5 million or $0.73 per share, with adjusted ROA at 1.14% for the quarter [7] - Adjusted efficiency ratio improved by 90 basis points to 56.7% [8] - Organic loan growth reached $1.1 billion for the quarter, representing a 12.6% annualized growth rate [8] - Core customer deposits increased at a 4.4% annualized rate, with significant growth in non-interest bearing deposits [9] - Tangible book value rose to $22.94 per share, with CET1 regulatory capital at 12.2% [9] Business Line Data and Key Metrics Changes - Average loans increased by over $800 million, while period-end loans grew by $1.4 billion, including $400 million from the First Chatham acquisition [10] - Non-interest revenue increased by $13 million or 15% compared to the first quarter, driven by strong performance in mortgage originations and wealth management [13] - Adjusted non-interest expense rose by $11.7 million, primarily due to the First Chatham acquisition and business growth [14] Market Data and Key Metrics Changes - The company reported strong loan growth across various geographies and verticals, with Texas showing the highest growth [8] - Non-interest bearing deposits as a percentage of total deposits increased to 22.6% [11] - The net interest margin (NIM) declined by six basis points to 3.4%, but loan yields increased to 6.34% [12] Company Strategy and Development Direction - The company is focused on expanding its presence in Georgia and Central Texas through recent acquisitions [6] - Future loan growth is expected to be between 11-15% for the full year, supported by strong pipelines and acquisitions [18] - The company aims to continue investing in its future while maintaining stable credit and strong EPS performance [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving growth through both organic means and strategic partnerships [111] - The company anticipates continued strong loan demand and revenue growth in the latter half of the year [18] - Management noted that the current operating environment is favorable, with strong pipelines and borrower activity [50][86] Other Important Information - The company completed the acquisition of Industry Bank shares and First Chatham Bank, enhancing its market position [6] - The company liquidated a significant portion of the municipal portfolio acquired from Industry Bank, reinvesting the proceeds into higher-yielding securities [16] Q&A Session Summary Question: Can you provide insights on the NII and margin guidance? - Management indicated that they expect continued improvement in net interest margin as new loans are coming in at higher rates, despite some initial negative impacts from security purchases [21][24] Question: What are the expectations for M&A activity? - Management noted an increase in M&A activity and expressed confidence in executing future transactions within their existing footprint [28][30] Question: Can you elaborate on the revenue guidance increase? - The revenue guidance increase is based on strong loan growth and a healthy pipeline, with expectations for organic revenue growth [34] Question: How is the loan growth trend expected to continue? - Management believes the strong loan growth is sustainable and reflects a real change in demand rather than a temporary rebound [83][86] Question: What is the outlook for deposit growth? - Management is optimistic about continued growth in core deposits, particularly in DDA, and sees potential for further compression in CD costs [63][66] Question: Any changes in credit quality or classified loans? - Management reported that the increase in criticized loans is within normal ranges and attributed some of it to the recent acquisition [67]

Earnings Presentation July 23, 2025 Second Quarter 2025 Financial Highlights 2Q25 Highlights | Increased Net Income | | | --- | --- | | $137.5 million | $0.73 $ | | Adjusted Net Income Available To Common Shareholders(1) | Adjusted EPS(1) | | Record PPNR Growth | | | $206.0 million | +8.4% | | Adjusted Pre-tax Pre-Provision Net Revenue(1) | Adjusted PPNR Growth vs. 1Q25(1) | | Organic Balance Sheet Growth | | | +12.6% | +4.4% | | 2Q25 Annualized Organic | 2Q25 Annualized Core | | Loan Growth | Organic Depos ...

Cadence (CADE) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.80%. A quarter ago, it was expected that this bank would post earnings of $0.64 per share when it actually produced earnings of $0.71, delivering a surprise of +10.94%.Over the last four quarters, the company has surpas ...

HOUSTON and TUPELO, Miss., July 23, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended June 30, 2025.Highlights for the second quarter of 2025 included: Reported quarterly net income available to common shareholders of $129.9 million, or $0.69 per diluted common share, and adjusted net income available to common shareholders(1) of $137.5 million, or $0.73 per diluted common share. Achieved quarterly adjusted pre-tax pre-provision net reve ...

Wall Street analysts forecast that Cadence (CADE) will report quarterly earnings of $0.69 per share in its upcoming release, pointing to no change from the year-ago quarter. It is anticipated that revenues will amount to $468.8 million, exhibiting an increase of 2.6% compared to the year-ago quarter.The current level reflects an upward revision of 6.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised thei ...

Cadence (CADE) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 23 ...

Core Viewpoint - Investors are encouraged to consider Cadence (CADE) due to solid improvements in earnings estimates and positive short-term price momentum [1] Earnings Estimate Revisions - Analysts are increasingly optimistic about Cadence's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2] - The Zacks Rank system indicates strong agreement among analysts in raising earnings estimates, significantly increasing consensus estimates for the next quarter and full year [3] Current-Quarter Estimates - The earnings estimate for the current quarter is $0.69 per share, unchanged from the previous year, with a 5.19% increase in the Zacks Consensus Estimate over the last 30 days [6] - There have been two upward revisions with no negative changes in estimates for the current quarter [6] Current-Year Estimates - The full-year earnings estimate stands at $2.92 per share, reflecting a 6.57% increase from the previous year [7] - Over the past month, two estimates have been revised upward, contributing to a 5.92% increase in the consensus estimate [8] Zacks Rank - Cadence has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which historically correlate with significant outperformance compared to the S&P 500 [9] Stock Performance - The stock has gained 13.2% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10]

Core Insights - Cadence (CADE) has a strong track record of beating earnings estimates, particularly in the last two quarters with an average surprise of 6.94% [1] - The most recent earnings report showed a surprise of 10.94%, with actual earnings of $0.64 per share against an expectation of $0.71 [2] - The previous quarter also saw a positive surprise of 2.94%, with actual earnings of $0.70 per share compared to a consensus estimate of $0.68 [2] Earnings Estimates and Predictions - Estimates for Cadence have been trending higher, supported by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +2.90%, indicating bullish sentiment among analysts regarding its near-term earnings potential [7] - Combining the positive Earnings ESP with a Zacks Rank of 1 (Strong Buy) suggests a high likelihood of another earnings beat in the upcoming report scheduled for July 23, 2025 [7] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] - This means that out of 10 stocks with this combination, approximately 7 could beat the consensus estimate [6] - The Earnings ESP metric is based on the Most Accurate Estimate compared to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]