Cadence Bank (CADE) Company Report

Analyst Coverage

Research analysts who have asked questions during Cadence Bank earnings calls.

Catherine Mealor

Keefe, Bruyette & Woods

7 questions for CADE

Also covers: ABCB, AUB, CFR +21 more

Jon Arfstrom

RBC Capital Markets

7 questions for CADE

Also covers: ALLY, ASB, BFH +24 more

Manan Gosalia

Morgan Stanley

7 questions for CADE

Also covers: CFG, CFR, CMA +16 more

Michael Rose

Raymond James Financial, Inc.

7 questions for CADE

Also covers: AMTB, BFST, BOKF +24 more

Jared Shaw

Barclays

5 questions for CADE

Also covers: ASB, BANC, BKU +19 more

Matt Olney

Stephens Inc.

5 questions for CADE

Also covers: BFST, BOKF, BSVN +20 more

Ben Gerlinger

Citigroup

4 questions for CADE

Also covers: BKU, BPOP, FHN +10 more

Brett Rabatin

Hovde Group, LLC

4 questions for CADE

Also covers: BOKF, BPOP, CBK +19 more

Casey Haire

Jefferies

4 questions for CADE

Also covers: ASB, CFR, EWBC +12 more

Stephen Scouten

Piper Sandler & Co.

3 questions for CADE

Also covers: ABCB, AMTB, AUB +24 more

Gary Tenner

D.A. Davidson & Co.

2 questions for CADE

Also covers: AVBH, AX, BANC +18 more

Benjamin Gerlinger

Citigroup Inc.

1 question for CADE

Also covers: BANC, BKU, BOKF +18 more

Jared David Shaw

Barclays Capital

1 question for CADE

Also covers: BANC, BKU, BOH +13 more

Latest news

Recent press releases and 8-K filings for CADE.

Cadence Bank to be acquired by Huntington Bancshares

CADE

M&A

Legal Proceedings

Takeover Bid

Cadence Bank (NYSE – CADE) is being acquired by Huntington Bancshares Incorporated (Nasdaq – HBAN) in an all-stock deal valued at $7.4 billion.
Huntington will issue 2.475 shares of common stock for each outstanding share of Cadence Bank common stock.
Based on Huntington's closing price of $16.07 as of October 24, 2025, the implied consideration is $39.77 per Cadence share.
An investigation is underway concerning whether the Cadence Bank Board breached its fiduciary duties to shareholders by failing to conduct a fair process and provide fair value.

Dec 10, 2025, 6:37 PM

Press Release

Cadence Bank to be Acquired by Huntington Bancshares

CADE

M&A

Takeover Bid

Huntington Bancshares has agreed to acquire Cadence Bank in a $7.4 billion all-stock deal.
The merger is expected to close in the first quarter of 2026 and will create a combined entity with $276 billion in assets, positioning it as a top-ten U.S. bank.
The acquisition values Cadence Bank at $39.77 per share, representing a 9% premium over its last closing price, and is projected to be 10% accretive to Huntington's earnings per share.
Concerns exist regarding Cadence Bank's lending disparities and a Beneish M-Score indicating potential financial manipulation risks.

Oct 27, 2025, 11:35 AM

Bloomberg

Cadence Bank Reports Strong Q3 2025 Results Driven by Acquisitions and Improved Net Interest Margin

CADE

Earnings

M&A

Guidance Update

Cadence Bank reported adjusted net income available to common shareholders of $152.8 million, or $0.81 per diluted common share, for Q3 2025, alongside an adjusted pre-tax pre-provision net revenue (PPNR) of $224.1 million, an 8.8% increase from Q2 2025. The net interest margin improved to 3.46%, a 6 basis point linked-quarter increase.
Total loans grew by $1.3 billion and total deposits by $3.4 billion in Q3 2025, primarily driven by the acquisition of Industry Bancshares, Inc. on July 1, 2025, which added approximately $4.1 billion in assets. Net organic loan growth contributed $0.3 billion.
Cadence Bank updated its 2025 financial expectations, narrowing the projected year-over-year growth for Total Loans to 11% to 12%, Total Core Customer Deposits to 12% to 14%, and Total Adjusted Revenue to 10% to 11%. Adjusted noninterest expense growth is now expected to be 7% to 8%.

Oct 21, 2025, 3:00 PM

Presentation

Cadence Bank (CADE) Reports Strong Q3 2025 Earnings and Acquisition Integration Success

CADE

Earnings

M&A

Guidance Update

Cadence Bank (CADE) reported strong Q3 2025 adjusted net income of $152.8 million or $0.81 per share, with an adjusted return on assets of 1.13% and an improved adjusted efficiency ratio of 56.5%.
The Industry Bankshares acquisition was completed and integrated in Q3 2025, contributing to $3.4 billion in deposits and $1.3 billion in loans. The purchase accounting for this acquisition resulted in an additional $143 million in tangible common equity due to improved valuation marks, including an $80 million deferred tax asset, shortening the earnback period to approximately two and a half years.
The company's net interest margin (NIM) improved by six basis points to 3.46% and is expected to see continued modest improvement through the end of 2025 and into 2026.
Management expressed confidence in capital levels, noting a return to the "buyback game much faster" than anticipated, while maintaining guidance for the rest of the year and expecting to build operating leverage into 2026.

Oct 21, 2025, 3:00 PM

Transcript

Cadence Bank Reports Strong Q3 2025 Results Following Acquisition Integration

CADE

Earnings

M&A

Guidance Update

Cadence Bank completed the acquisition of Industry Bank shares on July 1, 2025, and fully integrated it, successfully disposing of 100% of Industry's securities portfolio in Q3 2025 with purchase accounting marks better than estimated.
For Q3 2025, adjusted net income from continuing operations increased to $152.8 million or $0.81 per share, with an adjusted return on assets of 1.13% and an improved adjusted efficiency ratio of 56.5%.
Total adjusted revenue reached $517 million, an increase of 9% from the prior quarter, driven by a 12% rise in net interest revenue and a six basis point improvement in net interest margin to 3.46%.
The balance sheet saw significant growth, with deposits up $3.4 billion (including $3.1 billion from core customer deposits due to the acquisition) and loans up $1.3 billion (with $1 billion from the acquisition and over $300 million in organic growth).
Tangible book value per share declined only $0.12 to $22.82 , and the company's strong capital position allows for a faster return to share buybacks and continued focus on organic and in-market inorganic growth.

Oct 21, 2025, 3:00 PM

Transcript

Cadence Bank Announces Third Quarter 2025 Financial Results

CADE

Earnings

M&A

Cadence Bank reported net income available to common shareholders of $127.5 million, or $0.67 per diluted common share, and adjusted net income available to common shareholders of $152.8 million, or $0.81 per diluted common share, for the third quarter of 2025.
The company completed the acquisition of Industry Bancshares, Inc. effective July 1, 2025, which added approximately $4.1 billion in assets.
Total loans grew $1.3 billion and total deposits grew $3.4 billion in the third quarter of 2025, with core customer deposits increasing by $3.1 billion reflecting growth from recent acquisitions.
The net interest margin improved to 3.46% for the third quarter of 2025, an increase of 6 basis points compared to the second quarter of 2025.
Cadence Bank maintained strong regulatory capital with a Common Equity Tier 1 Capital of 11.5% and Total Capital of 13.1% at September 30, 2025.