Cadence Bank (CADE) Financials

NYSE:CADE

Market Cap

3.89B

Total Revenue

1.84B

Gross Profit

1.84B

Operating Income

808.66M

Net Income

463.24M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	674,015,000	685,808,000	713,650,000	732,482,000	742,069,000	857,259,000	930,625,000	1,027,471,000	1,183,880,000	1,844,335,000
costOfRevenue	--	--	--	--	--	--	--	--	--	--
grossProfit	674,015,000	685,808,000	713,650,000	732,482,000	742,069,000	857,259,000	930,625,000	1,027,471,000	1,183,880,000	1,844,335,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	8,816,000	7,787,000	6,466,000	7,738,000	7,310,000	8,295,000	8,557,000	6,908,000	10,780,000	41,754,000
generalAndAdministrativeExpenses	318,451,000	316,018,000	331,978,000	338,132,000	381,421,000	430,808,000	467,923,000	493,844,000	565,891,000	763,735,000
sellingGeneralAndAdministrativeExpenses	318,451,000	316,018,000	331,978,000	338,132,000	388,731,000	439,103,000	476,480,000	500,752,000	576,671,000	805,489,000
operatingExpenses	-491,791,000	-484,811,000	-498,215,000	-506,311,000	-471,491,000	-513,863,000	-631,107,000	-739,926,000	-936,952,000	-1,035,670,000
operatingIncome	182,224,000	200,997,000	215,435,000	226,171,000	270,578,000	343,396,000	299,518,000	287,545,000	246,928,000	808,665,000
totalOtherIncomeExpensesNet	-50,558,000	-33,595,000	-28,696,000	-29,727,000	-38,955,000	-78,271,000	--	--	--	-209,290,000
ebitda	211,747,000	232,712,000	245,686,000	255,436,000	300,697,000	377,942,000	338,169,000	330,919,000	422,863,000	1,064,486,000
depreciationAndAmortization	29,523,000	31,715,000	30,251,000	29,265,000	30,119,000	34,546,000	38,651,000	43,374,000	175,935,000	255,821,000
interestIncome	449,507,000	450,257,000	464,378,000	483,179,000	512,991,000	653,493,000	775,012,000	799,493,000	882,049,000	1,560,593,000
interestExpense	50,558,000	33,595,000	28,696,000	29,727,000	38,955,000	78,271,000	125,068,000	108,526,000	76,322,000	209,290,000
incomeBeforeTax	131,666,000	167,402,000	186,739,000	196,444,000	231,623,000	265,125,000	299,518,000	287,545,000	246,928,000	599,375,000
incomeTaxExpense	37,551,000	50,652,000	59,248,000	63,716,000	78,590,000	43,808,000	65,257,000	59,494,000	51,766,000	136,138,000
netIncome	94,115,000	116,750,000	127,491,000	132,728,000	153,033,000	221,317,000	234,261,000	228,051,000	195,162,000	463,237,000
eps	0.99	1.22	1.33	1.41	1.67	2.24	2.31	2.12	1.54	2.47
epsdiluted	0.99	1.21	1.33	1.41	1.67	2.23	2.3	2.12	1.54	2.46
weightedAverageShsOut	95,065,657	95,696,721	95,857,895	94,218,694	91,561,000	98,965,000	101,507,000	103,023,000	120,250,000	183,510,000
weightedAverageShsOutDil	95,065,657	96,487,603	95,857,895	94,454,640	91,755,000	99,135,000	101,811,000	103,305,000	120,669,000	184,498,000
costAndExpenses	-491,791,000	-484,811,000	-498,215,000	-506,311,000	-471,491,000	-513,863,000	-631,107,000	-739,926,000	-936,952,000	-1,035,670,000
otherExpenses	-810,242,000	-800,829,000	-830,193,000	-844,443,000	-860,222,000	-952,966,000	-1,107,587,000	-1,240,678,000	-1,513,623,000	-1,841,159,000

Key Facts

Industry

Banks—Regional

Sector

Financial Services

Headquarters

Tupelo, MS, US

Website

cadencebank.com

CEO

Mr. James D. Rollins III

Employees

6479

About the Company

Cadence Bank provides commercial banking and financial services in the United States. 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. The company's products and services also comprise small business administration lending, foreign exchange, wealth management, investment and trust, financial planning, retirement plan management, and personal and business insurance services. As of March 3, 2022, it operated approximately 400 branch locations across the South, Midwest, and Texas. The company was incorporated in 1876 and is headquartered in Tupelo, Mississippi.