Cadence (CADE) Reports Q1 Earnings: What Key Metrics Have to Say

Group 1 - Cadence reported revenue of $448.54 million for the quarter ended March 2025, reflecting a 2.5% increase year-over-year, but a revenue surprise of -0.67% compared to the Zacks Consensus Estimate of $451.57 million [1] - The earnings per share (EPS) for the quarter was $0.71, up from $0.62 in the same quarter last year, resulting in an EPS surprise of +10.94% against the consensus estimate of $0.64 [1] - Shares of Cadence have returned -8% over the past month, underperforming the Zacks S&P 500 composite's -5.6% change, and the stock currently holds a Zacks Rank 3 (Hold) [3] Group 2 - The adjusted efficiency ratio was reported at 57.6%, better than the average estimate of 59.6% based on four analysts [4] - The net interest margin was 3.5%, slightly above the average estimate of 3.4% from four analysts [4] - Total noninterest income was $85.39 million, below the average estimate of $88.23 million from four analysts [4]