Q1 Earnings Forecast for Cadence Bank Issued By DA Davidson

Cadence Bank (NYSE:CADE) – Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Cadence Bank in a note issued to investors on Monday, January 27th. DA Davidson analyst G. Tenner expects that the company will post earnings per share of $0.61 for the quarter. DA Davidson currently has a “Buy” rating and a $40.00 target price on the stock. The consensus estimate for Cadence Bank’s current full-year earnings is $2.87 per share.

Cadence Bank (NYSE:CADE) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. Cadence Bank had a return on equity of 9.98% and a net margin of 18.03%. During the same quarter in the previous year, the firm earned $0.40 EPS.

Other equities research analysts have also issued reports about the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 price objective on shares of Cadence Bank in a report on Friday, January 24th. Keefe, Bruyette & Woods raised their target price on shares of Cadence Bank from $38.00 to $45.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Truist Financial boosted their price target on shares of Cadence Bank from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Barclays upgraded Cadence Bank from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $41.00 to $44.00 in a research report on Thursday, December 19th. Finally, Stephens reaffirmed an “overweight” rating and issued a $42.00 target price on shares of Cadence Bank in a report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $38.13.

Cadence Bank Stock Up 0.3 %

Shares of CADE opened at $35.24 on Tuesday. The business’s 50 day moving average is $35.86 and its 200 day moving average is $33.68. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.04. Cadence Bank has a 12-month low of $24.99 and a 12-month high of $40.20. The company has a market capitalization of $6.42 billion, a PE ratio of 12.72 and a beta of 1.00.

Institutional Investors Weigh In On Cadence Bank

Several hedge funds and other institutional investors have recently made changes to their positions in CADE. Vaughan Nelson Investment Management L.P. grew its holdings in Cadence Bank by 7.3% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,234,733 shares of the company’s stock valued at $76,986,000 after purchasing an additional 151,215 shares during the last quarter. Vest Financial LLC boosted its position in shares of Cadence Bank by 53.9% during the fourth quarter. Vest Financial LLC now owns 71,841 shares of the company’s stock valued at $2,475,000 after buying an additional 25,160 shares during the period. Fairvoy Private Wealth LLC bought a new position in shares of Cadence Bank during the fourth quarter valued at approximately $564,000. Keystone Financial Group Inc. bought a new position in shares of Cadence Bank during the fourth quarter valued at approximately $31,000. Finally, Bleakley Financial Group LLC purchased a new stake in shares of Cadence Bank in the fourth quarter worth approximately $561,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Cadence Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.275 per share. This is a boost from Cadence Bank’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, March 14th. This represents a $1.10 dividend on an annualized basis and a yield of 3.12%. Cadence Bank’s payout ratio is 39.71%.

Cadence Bank Company Profile

Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services.