Third Quarter 2024 Earnings Presentation Presented October 22, 2024 Third Quarter 2024 Financial Highlights | --- | --- | |-----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

For the quarter ended September 2024, Cadence (CADE) reported revenue of $447.36 million, down 0.2% over the same period last year. EPS came in at $0.73, compared to $0.56 in the year-ago quarter.The reported revenue represents a surprise of -0.57% over the Zacks Consensus Estimate of $449.9 million. With the consensus EPS estimate being $0.63, the EPS surprise was +15.87%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Cadence (CADE) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 15.87%. A quarter ago, it was expected that this bank would post earnings of $0.60 per share when it actually produced earnings of $0.69, delivering a surprise of 15%. Over the last four quarters, the company has surpassed ...

HOUSTON and TUPELO, Miss., Oct. 21, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended September 30, 2024. Highlights for the third quarter of 2024 included: Reported quarterly net income available to common shareholders of $134.1 million, or $0.72 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 $135.6 million, or $0.73 per ...

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. ...