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Cadence Bancorporation is currently in a long term uptrend where the price is trading 7.8% above its 200 day moving average.
From a valuation standpoint, the stock is 93.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.8.
Cadence Bancorporation's total revenue rose by 88.7% to $366M since the same quarter in the previous year.
Its net income has increased by 290.0% to $201M since the same quarter in the previous year.
Finally, its free cash flow fell by 35.4% to $55M since the same quarter in the previous year.
Based on the above factors, Cadence Bancorporation gets an overall score of 4/5.
Sector | Financial Services |
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Industry | Banks - Regional |
Exchange | F |
CurrencyCode | EUR |
ISIN | None |
Beta | 1.82 |
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Market Cap | 2B |
PE Ratio | 5.14 |
Target Price | 22.5 |
Dividend Yield | 3.0% |
As of October 29, 2021, Cadence Bancorporation was acquired by Cadence Bank. Cadence Bancorporation, a financial holding company, through its subsidiary, Cadence Bank, National Association that provides banking and wealth management services to businesses, high net worth individuals, business owners, and retail customers. It operates through Banking and Financial Services segments. The company accepts checking, savings, money market, time, and other deposit accounts. Its loan products include commercial and industrial loans; commercial and residential real estate loans; other consumer loans, such as personal, family and household purposes, automobiles, and boat loans; and shared national credits. The company also offers debit and credit cards; wealth management and other fiduciary, and private banking services; employee health and liability, and workers' compensation insurance products and services; and treasury, payroll, human resources, payroll cards, treasury management, merchant, employee and payroll benefits, automated clearing house, lock-box, remote deposit capture, foreign exchange, and other treasury services, as well as online, mobile, and telephone banking services. As of December 31, 2020, it operated 98 branch offices in Alabama, Florida, Georgia, Mississippi, Tennessee, and Texas. The company also serves through ATMs and ITMs. Cadence Bancorporation was founded in 1885 and is headquartered in Houston, Texas.
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