Earnings Summary

Cadence Bank’s revenue jumped 59.36% since last year same period to $742.35Mn in the Q2 2024. On a quarterly growth basis, Cadence Bank has generated 3.01% jump in its revenue since last 3-months.

Cadence Bank’s net profit jumped 141.12% since last year same period to $274.94Mn in the Q2 2024. On a quarterly growth basis, Cadence Bank has generated 135.04% jump in its net profits since last 3-months.

Cadence Bank’s net profit margin jumped 51.31% since last year same period to 37.04% in the Q2 2024. On a quarterly growth basis, Cadence Bank has generated 128.17% jump in its net profit margins since last 3-months.

Cadence Bank’s price-to-earnings ratio after this Q2 2024 earnings stands at 160.76.

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.

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

Cadence Bank’s earning per share (EPS) jumped 15% since last year same period to 0.69 in the Q2 2024. This indicates that the Cadence Bank has generated 15% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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.

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 0.02.

Cadence Bank declared 0.25 dividend per share during the earnings announcement for Q2 2024.