Wall Street analysts expect Cadence (CADE) to post quarterly earnings of $0.63 per share in its upcoming report, which indicates a year-over-year increase of 12.5%. Revenues are expected to be $449.9 million, up 0.4% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 2.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company announces its ea ...

The market expects Cadence (CADE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 21, 2024, might help the stock move higher if these key numbers ar ...

HOUSTON and TUPELO, Miss., Sept. 24, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its third quarter 2024 earnings on Monday, October 21, 2024, after the close of the financial markets. It will hold its earnings webcast on Tuesday, October 22, 2024, at 10:00 a.m. CT. The webcast will be live coverage of management's conference call with analysts and can be found by visiting: https://ir.cadencebank.com/events. This will be an interactive session between management and analysts; others may liste ...

2 Summary Financial Results (1) Considered a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------|-------|---------|---------|---------|----------------------------------------|-------|-------------------|-------------------|----------|-------| | $ in millions, unless otherwise indicated | | | 6/30/24 | | As of and Three Months Ended \n ...

Cadence Bank (NYSE:CADE) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Will Fisackerly - Director, Finance Dan Rollins - Chairman & CEO Valerie Toalson - CFO Chris Bagley - President & Chief Credit Officer Billy Braddock - Chief Banking Officer Conference Call Participants Manan Gosalia - Morgan Stanley Brett Rabatin - Hovde Group Jon Arfstrom - RBC Capital Markets Brandon King - Truist Michael Rose - Raymond James Gary Tenner - D.A. Davidson Matt Olney - Stephens Catherine ...

Cadence Bank (NYSE:CADE) is a bank founded back in 1887 and headquartered in Houston, Texas. Recently, Q2 2024 results were released and both EPS and revenue estimates were beaten. Latest Quarter's Earnings Seeking Alpha Beyond that, CADE has shown resilience in the current macroeconomic environment, particularly regarding the increase in Residential Loans. The upward pressure on the cost of deposits has slowed down a lot in fact, the net interest margin is steadily improving, but loan growth is quite low. ...

View all Key Company Metrics for Cadence here>>> Shares of Cadence have returned +15.3% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. The reported revenue compares to the Zacks Consensus Estimate of $439.63 million, representing a surprise of +3.95%. The company delivered an EPS surprise of +15.00%, with the consensus EPS estimate being $0.60. Cadence (CADE) rep ...

Cadence (CADE) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for nonrecurring items. Cadence, which belongs to the Zacks Banks - Southeast industry, posted revenues of $456.98 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3.95%. This compares to year-ago revenues of $465.84 million. The company has topped consensus revenue e ...

HOUSTON and TUPELO, Miss., July 22, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended June 30, 2024. Highlights for the second quarter of 2024 included: Reported quarterly net income available to common shareholders of $135.1 million, or $0.73 per diluted common share, and adjusted net income from continuing operations available to common shareholders,(1) which excludes non-routine income and expenses,(2) of $127.9 million, or $0.69 per dil ...

Cadence (CADE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. 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 earnings report, which is expected to be released on July 22, 2024, might help the stock move higher if these key numbers are better than expectatio ...