Unlocking Q4 Potential of Cadence (CADE): Exploring Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts forecast that Cadence (CADE) will report quarterly earnings of $0.79 per share, reflecting a year-over-year increase of 12.9%, with anticipated revenues of $523.7 million, an increase of 16.2% compared to the previous year [1] Earnings Estimates - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating stability in analysts' assessments [1][2] Key Financial Metrics - Analysts project the 'Adjusted Efficiency Ratio fully tax equivalent' to reach 56.3%, down from 59.1% a year ago [4] - The 'Net Interest Margin' is expected to be 3.5%, slightly up from 3.4% in the previous year [4] - The 'Average Balance - Total interest earning assets' is projected to be $48.77 billion, an increase from $42.92 billion reported in the same quarter last year [4] Non-Performing Loans and Assets - The consensus estimate for 'Non-Performing Loans' is $251.17 million, down from $264.69 million a year ago [5] - Analysts predict 'Non-Performing Assets' to be $267.20 million, compared to $270.45 million last year [5] Income Projections - 'Total noninterest income' is expected to reach $96.18 million, up from $86.17 million in the same quarter of the previous year [5] - 'Net Interest Income' is projected at $427.67 million, an increase from $365.18 million a year ago [6] - The estimated 'Net Interest Income (FTE)' is $426.76 million, compared to $364.53 million last year [6] Other Income Sources - 'Credit card, debit card and merchant fees' are expected to be $13.82 million, up from $12.66 million last year [7] - 'Other noninterest income' is projected to reach $28.42 million, compared to $27.28 million in the same quarter last year [7] - 'Deposit Service charges' are expected to be $19.28 million, up from $18.69 million last year [8] - 'Mortgage banking' is projected to arrive at $6.80 million, significantly up from $3.55 million in the same quarter last year [8] Stock Performance - Shares of Cadence have experienced a change of +2.3% in the past month, compared to a +2% move of the Zacks S&P 500 composite, indicating a performance in line with the overall market [9]