Cadence Bank (CADE)
Cadence Bank operates in the Banks - Regional industry of the Financial Services sector, headquartered in Tupelo, MS, US. The stock last traded at $42.11, down 1.66% on the session, giving a market capitalisation of $7.85B. On trailing twelve-month figures it carries a trailing P/E of 14.83, a net margin of 18.7%. Its beta of 0.95 implies it has historically moved less than the broad market.
Cadence Bank operates as a comprehensive financial institution throughout the United States, providing a diverse range of commercial banking and other financial services. Its extensive offerings cater to both individual and business clients. For consumers, this includes essential banking services, various lending products such as consumer loans, mortgages, home equity lines and loans, and credit cards. Businesses benefit from commercial banking, treasury management, specialized and asset-based lending, commercial real estate financing, equipment financing, and correspondent banking services. Beyond these, Cadence Bank also offers Small Business Administration (SBA) lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, and a selection of personal and business insurance solutions. As of March 3, 2022, the bank maintained approximately 400 physical branch locations, primarily distributed across the Southern, Midwestern, and Texas regions. Founded in 1876, the company's corporate headquarters are located in Tupelo, Mississippi.
Cadence Bank is most often compared with the following Financial Services names: