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CADE

Cadence Bank

$27.33

Earnings Summary

Revenue
$720.65Mn
Net Profits
$116.98Mn
Net Profit Margins
16.23%
PE Ratio
128.19

Highlights

Revenue:

Cadence Bank’s revenue jumped 68.24% since last year same period to $720.65Mn in the Q1 2024. On a quarterly growth basis, Cadence Bank has generated 131.32% jump in its revenue since last 3-months.

Net Profits:

Cadence Bank’s net profit jumped 52.66% since last year same period to $116.98Mn in the Q1 2024. On a quarterly growth basis, Cadence Bank has generated -54.85% fall in its net profits since last 3-months.

Net Profit Margins:

Cadence Bank’s net profit margin fell -9.26% since last year same period to 16.23% in the Q1 2024. On a quarterly growth basis, Cadence Bank has generated -80.48% fall in its net profit margins since last 3-months.

PE Ratio:

Cadence Bank’s price-to-earnings ratio after this Q1 2024 earnings stands at 128.19.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cadence Bank post its latest quarter earnings

EPS Estimate Current Quarter
0.61
EPS Estimate Current Year
0.61

Highlights

EPS Estimate Current Quarter:

Cadence Bank’s earning per share (EPS) estimates for the current quarter stand at 0.61 - a 10.91% jump from last quarter’s estimates.

EPS Estimate Current Year:

Cadence Bank’s earning per share (EPS) estimates for the current year stand at 0.61.

Key Ratios

Key ratios of the Cadence Bank post its Q1 2024 earnings

Earning Per Share (EPS)
0.62
Return on Assets (ROA)
0
Return on Equity (ROE)
0.01
Dividend Per Share (DPS)
0.25

Highlights

Earning Per Share (EPS):

Cadence Bank’s earning per share (EPS) jumped 55% since last year same period to 0.62 in the Q1 2024. This indicates that the Cadence Bank has generated 55% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cadence Bank’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cadence Bank’s return on equity (ROE) stands at 0.01.

Dividend Per Share (DPS):

Cadence Bank declared 0.25 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-31
0.55
0.62
12.73%