DraftKings has acquired a federally regulated trading venue, marking its most aggressive move yet into the contested world of prediction markets https://t.co/fVmhcFve5t ...

🤯🤯🤯zoomer (@zoomerfied):[ ZOOMER ]COINBASE ACQUIRES ECHO FOR $375M ...

RT narb | N1 (@0xNarb)we've had two big acquisitions lately from crypto OGs:> kraken acquired @Tradermayne's breakout> coinbase acquired @cobie's echocool to see people who had already “made it” go on to become massively successful builders ...

Coinbase acquired Echo for $375M https://t.co/KghCtRm06f ...

Cobie's post on the acquisition herehttps://t.co/9ButYCBjz9Cobie (@cobie):when i started building echo 2 years ago, i knew it had 95% chance of failing. to be honest, i couldnt really imagine any other outcome, but i thought at least it may be a noble failure worth attempting.i certainly didn't think echo would be sold to coinbase, but, here we are: ...

More on this acquisition ↓https://t.co/q80uk11njf ...

called it. the $25m was just the marketing cost.the real deal was for @coinbase to acquire @echodotxyz for what looks like a $400m deal.and if that’s the case, then @cobie has to be a billionaire by now. https://t.co/pFw7qLCIkR ...

Oh wow.So instead of $25M USD, Cobie got $400M USDzoomer (@zoomerfied):[ ZOOMER ]COINBASE ACQUIRES ECHO FOR $375M ...

💥BREAKING:COINBASE ACQUIRES ECHO FOR $375M! ...

Core Viewpoint - Cadence Bank reported strong financial results for Q3 2025, driven by steady loan growth, improved net interest margin, operational efficiency, and stable credit quality, alongside successful acquisitions of Industry Bancshares and First Chatham Bank [2][10]. Earnings Summary - Net income available to common shareholders for Q3 2025 was $127.5 million, or $0.67 per diluted share, compared to $134.1 million, or $0.72 per diluted share in Q3 2024 [3][10]. - Adjusted net income for Q3 2025 was $152.8 million, or $0.81 per diluted share, up from $135.6 million, or $0.73 per diluted share in Q3 2024 [3][10]. - Adjusted pre-tax pre-provision net revenue (PPNR) was $224.1 million, an increase of 18.0% year-over-year [4][10]. Net Interest Revenue - Net interest revenue for Q3 2025 was $423.7 million, up from $361.5 million in Q3 2024, reflecting a 12.1% increase [5][10]. - The net interest margin improved to 3.46% in Q3 2025, compared to 3.31% in Q3 2024 [5][10]. - Average earning assets increased to $48.8 billion from $44.7 billion in the previous quarter [5][10]. Balance Sheet Activity - Loans and leases increased to $36.8 billion as of September 30, 2025, with $1.0 billion from acquisitions and $328.4 million in organic growth [6][10]. - Total deposits rose to $43.9 billion, an increase of $3.4 billion from the previous quarter [7][10]. - The loan-to-deposit ratio was 83.8% as of September 30, 2025 [7][10]. Credit Quality - Net charge-offs for Q3 2025 were $23.6 million, or 0.26% of average net loans, stable compared to previous periods [9][10]. - The provision for credit losses was $32.0 million, up from $12.0 million in Q3 2024 [9][10]. - Total nonperforming assets as a percentage of total assets were 0.50% at September 30, 2025, down from 0.57% a year earlier [12][10]. Noninterest Revenue - Noninterest revenue for Q3 2025 was $93.5 million, compared to $85.9 million in Q3 2024 [13][10]. - Mortgage banking revenue totaled $4.5 million, significantly down from $8.7 million in the previous quarter [15][10]. - Wealth management revenue was $24.5 million, slightly down from $25.3 million in the previous quarter [14][10]. Noninterest Expense - Noninterest expense for Q3 2025 was $320.2 million, up from $259.4 million in Q3 2024 [17][10]. - Adjusted noninterest expense was $293.2 million, excluding merger-related costs [17][10]. - The adjusted efficiency ratio improved to 56.5% compared to 57.7% in Q3 2024 [17][10]. Capital Management - Total shareholders' equity was $6.1 billion as of September 30, 2025, up from $5.6 billion a year earlier [19][10]. - Common Equity Tier 1 capital ratio was 11.5% as of September 30, 2025 [19][10]. - The company did not repurchase any shares during the third quarter [19][10]. Key Transactions - The acquisition of Industry Bancshares was completed on July 1, 2025, adding approximately $4.1 billion in assets [10][21]. - The merger with First Chatham Bank was completed on May 1, 2025, contributing additional assets and deposits [10][21].