Cadence Bank
General ticker "CADE" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $6.7B
Cadence Bank follows the US Stock Market performance with the rate: 66.1%.
Estimated limits based on current volatility of 1.9%: low 33.76$, high 35.10$
Factors to consider:
- Company pays dividends: last record date 2024-12-13, amount 0.25$ (Y2.93%)
- Current price 27.3% above estimated high
- Earnings for 18 months up through Q2 (+1 year) are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [19.19$, 27.55$]
- 2023-12-31 to 2024-12-30 estimated range: [18.27$, 26.76$]
Financial Metrics affecting the CADE estimates:
- Positive: Non-GAAP EPS, $ of 2.72 > 2.29
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 0.94
- Positive: Industry operating cash flow per share per price (median), % of 13.50 > 10.07
- Positive: Operating cash flow per share per price, % of 19.33 > 12.76
- Negative: Interest expense per share, $ of 1.14 > 0.74
Short-term CADE quotes
Long-term CADE plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $1,027.47MM | $1,183.88MM | $1,844.34MM |
| Operating Expenses | $739.93MM | $936.95MM | $1,035.67MM |
| Operating Income | $287.55MM | $246.93MM | $808.66MM |
| Non-Operating Income | $0.00MM | $0.00MM | $-209.29MM |
| Interest Expense | $108.53MM | $76.32MM | $209.29MM |
| Income(Loss) | $287.55MM | $246.93MM | $599.38MM |
| Taxes | $59.49MM | $51.77MM | $136.14MM |
| Profit(Loss) | $228.05MM | $195.16MM | $463.24MM |
| Stockholders Equity | $2,822.48MM | $5,247.99MM | $4,311.37MM |
| Inventory | $535.08MM | $0.00MM | $0.00MM |
| Assets | $24,081.19MM | $47,669.75MM | $48,653.41MM |
| Operating Cash Flow | $226.54MM | $1,172.72MM | $923.05MM |
| Capital expenditure | $55.91MM | $72.27MM | $94.50MM |
| Investing Cash Flow | $-2,429.40MM | $-3,153.52MM | $-1,710.68MM |
| Financing Cash Flow | $2,287.22MM | $2,858.11MM | $1,491.11MM |
| Earnings Per Share* | $2.12 | $1.54 | $2.47 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.