Hovde Group downgraded Cadence Bank from Outperform to Market Perform and set a new price target of $32.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/19/2024 | $41.00 → $44.00 | Equal Weight → Overweight | Barclays |
| 9/30/2024 | $36.00 → $39.00 | Equal-Weight → Overweight | Morgan Stanley |
| 7/24/2024 | $33.00 → $36.50 | Outperform | Hovde Group |
| 7/24/2024 | $33.00 → $34.00 | Overweight → Neutral | Piper Sandler |
| 4/24/2024 | $32.50 → $33.00 | Market Perform → Outperform | Hovde Group |
| 3/8/2024 | $28.00 | Equal Weight | Barclays |
| 1/30/2024 | $32.50 | Outperform → Market Perform | Hovde Group |
| 12/1/2023 | $27.00 | Neutral | Citigroup |
13F-HR - Cadence Bank (0001299939) (Filer)
SCHEDULE 13G - Cadence Bank (0001299939) (Subject)
13F-HR - Cadence Bank (0001299939) (Filer)
4/A - Cadence Bancorporation (0001614184) (Issuer)
4/A - Cadence Bancorporation (0001614184) (Issuer)
4/A - Cadence Bancorporation (0001614184) (Issuer)
Cadence has signed a merger agreement with FCB Financial Corp., the bank holding company for First Chatham Bank HOUSTON and TUPELO, Miss., Jan. 22, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) announced today the signing of a definitive merger agreement with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank. CADE) is a leading regional banking franchise with approximately $50 billion in assets and over 350 branch locations across the South and Texas. (PRNewsfoto/Cadence Bank)" alt="Cadence Bank (NYSE:CADE) is a leading regional banking franchise with approximatel
HOUSTON and TUPELO, Miss., Jan. 21, 2025 /PRNewswire/ -- Cadence Bank (NYSE:CADE) today announced the appointment of Fernando Araujo and Alice Rodriguez to its board of directors, effective Jan. 17, 2025. Araujo and Rodriguez join the board as independent directors. Araujo is an accomplished executive with more than 30 years of experience in all aspects of oil and gas upstream operations. He has served as the chief executive officer of Berry Corporation (NASDAQ:BRY), a company engaged in the safe and responsible development and production of conventional oil reserves in the We
ATLANTA, Nov. 20, 2024 /PRNewswire/ -- Cadence Bank (NYSE:CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust. Silcox has spent the past 20 years at Wilmington Trust, a subsidiary of M&T Bank, in various executive leadership roles including president of the Southeast region and chief administrative officer of wealth markets. He is a strategic leader with a proven track record of developing high-performing teams, building client relationships and leading organizations through transformational
SC 13G - Cadence Bank (0001299939) (Subject)
SC 13G/A - Cadence Bank (0001299939) (Subject)
SC 13G/A - Cadence Bank (0001299939) (Subject)
HOUSTON and TUPELO, Miss., Jan. 27, 2025 /PRNewswire/ -- Cadence Bank (NYSE:CADE) (the Company) today announced that it has adjourned its special meeting of shareholders originally convened on Dec. 30, 2024 (the Special Meeting), that reconvened this afternoon, until Wednesday, March 26, 2025, at 8:45 a.m. Central Time. The Special Meeting was adjourned to allow the Company additional time to solicit proxies from preferred shareholders in favor of a proposal (Proposal 2) to authorize the Company's Board of Directors to implement repurchases of stock in accordance with Regulation H. CADE) is a leading regional banking franchi
Cadence has signed a merger agreement with FCB Financial Corp., the bank holding company for First Chatham Bank HOUSTON and TUPELO, Miss., Jan. 22, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) announced today the signing of a definitive merger agreement with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank. CADE) is a leading regional banking franchise with approximately $50 billion in assets and over 350 branch locations across the South and Texas. (PRNewsfoto/Cadence Bank)" alt="Cadence Bank (NYSE:CADE) is a leading regional banking franchise with approximatel
HOUSTON and TUPELO, Miss., Jan. 22, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter and year ended December 31, 2024. Annual highlights for 2024 included: Achieved net income available to common shareholders of $514.1 million, or $2.77 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 $507.9 million, or $2.74 per diluted common share, an increase of 24.5% on a per share basis compared to 2023.Reported annual adjusted pre-tax pre-provision net revenue (PPNR) from continuing opera
Barclays upgraded Cadence Bank from Equal Weight to Overweight and set a new price target of $44.00 from $41.00 previously
Morgan Stanley upgraded Cadence Bank from Equal-Weight to Overweight and set a new price target of $39.00 from $36.00 previously
Hovde Group reiterated coverage of Cadence Bank with a rating of Outperform and set a new price target of $36.50 from $33.00 previously
HOUSTON and TUPELO, Miss., Jan. 22, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter and year ended December 31, 2024. Annual highlights for 2024 included: Achieved net income available to common shareholders of $514.1 million, or $2.77 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 $507.9 million, or $2.74 per diluted common share, an increase of 24.5% on a per share basis compared to 2023.Reported annual adjusted pre-tax pre-provision net revenue (PPNR) from continuing opera
HOUSTON and TUPELO, Miss., Jan. 2, 2025 /PRNewswire/ -- Cadence Bank (NYSE:CADE) will release its fourth-quarter 2024 earnings on Wednesday, Jan. 22, 2025, after the close of the financial markets. It will also hold its earnings webcast on Thursday, Jan. 23, 2025, at 10 a.m. CT. The webcast will be a 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 listen to the live broadcast as it happens. The conference call will also be available in archived format at the same web address.
HOUSTON and TUPELO, Miss., Oct. 23, 2024 /PRNewswire/ -- At its meeting today, the board of directors of Cadence Bank (NYSE:CADE) (Cadence) declared a quarterly cash dividend of $0.25 per share of common stock. The common stock dividend is payable on January 2, 2025, to shareholders of record at the close of business on December 13, 2024. CADE) is a leading regional banking franchise with approximately $50 billion in assets and over 350 branch locations across the South and Texas. (PRNewsfoto/Cadence Bank)" alt="Cadence Bank (NYSE:CADE) is a leading regional banking franchise with approximately $50 billion in assets and over