Analysts Offer Predictions for Cadence Bank FY2026 Earnings

Cadence Bank (NYSE:CADE) – Analysts at DA Davidson boosted their FY2026 earnings per share estimates for Cadence Bank in a research note issued to investors on Thursday, October 23rd. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $3.46 for the year, up from their prior estimate of $3.44. DA Davidson has a “Buy” rating and a $42.00 price objective on the stock. The consensus estimate for Cadence Bank’s current full-year earnings is $2.94 per share.

Other research analysts have also recently issued reports about the company. Stephens cut Cadence Bank from an “overweight” rating to an “equal weight” rating in a research note on Tuesday. Barclays cut Cadence Bank from an “overweight” rating to a “sell” rating in a research report on Tuesday. Royal Bank Of Canada lifted their price target on Cadence Bank from $37.00 to $43.00 and gave the company a “sector perform” rating in a research report on Friday, October 10th. Hovde Group lifted their price target on Cadence Bank from $34.00 to $40.00 and gave the company a “market perform” rating in a research report on Monday, July 28th. Finally, Keefe, Bruyette & Woods lifted their price target on Cadence Bank from $40.00 to $41.00 and gave the stock an “outperform” rating in a research note on Monday, July 28th. Two analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cadence Bank presently has an average rating of “Hold” and an average price target of $41.44.

Cadence Bank Trading Down 0.6%

Cadence Bank stock opened at $37.86 on Monday. The stock has a 50-day moving average of $37.44 and a two-hundred day moving average of $33.95. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.87 and a current ratio of 0.87. Cadence Bank has a one year low of $25.22 and a one year high of $40.23. The stock has a market cap of $6.90 billion, a PE ratio of 13.72 and a beta of 0.88.

Cadence Bank (NYSE:CADE) last released its quarterly earnings results on Monday, October 20th. The company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Cadence Bank had a return on equity of 10.08% and a net margin of 18.15%.The company had revenue of $517.24 million during the quarter, compared to analysts’ expectations of $523.60 million. During the same period last year, the business posted $0.73 earnings per share.

Cadence Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 15th will be given a $0.275 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.10 dividend on an annualized basis and a yield of 2.9%. Cadence Bank’s payout ratio is currently 39.86%.

Institutional Investors Weigh In On Cadence Bank

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Teacher Retirement System of Texas raised its holdings in shares of Cadence Bank by 312.7% in the 1st quarter. Teacher Retirement System of Texas now owns 49,592 shares of the company’s stock valued at $1,506,000 after buying an additional 37,576 shares during the period. Principal Financial Group Inc. boosted its position in shares of Cadence Bank by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 425,330 shares of the company’s stock worth $12,913,000 after acquiring an additional 5,221 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Cadence Bank by 3.1% during the 1st quarter. State of Alaska Department of Revenue now owns 21,500 shares of the company’s stock worth $652,000 after acquiring an additional 640 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Cadence Bank by 2.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 69,707 shares of the company’s stock worth $2,116,000 after acquiring an additional 1,670 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Cadence Bank by 55.3% in the 1st quarter. GAMMA Investing LLC now owns 2,892 shares of the company’s stock valued at $88,000 after purchasing an additional 1,030 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

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.