Edition:
India

Cadence Bancorp (CADE.N)

CADE.N on New York Stock Exchange

17.67USD
19 Sep 2019
Change (% chg)

$-0.27 (-1.51%)
Prev Close
$17.94
Open
$17.82
Day's High
$18.21
Day's Low
$17.45
Volume
588,627
Avg. Vol
414,835
52-wk High
$27.75
52-wk Low
$14.67

Latest Key Developments (Source: Significant Developments)

Cadence Bancorporation Reports Second Quarter 2019 Financial Results
Monday, 22 Jul 2019 

July 22 (Reuters) - Cadence Bancorp ::ORATION REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.40.Q2 REVENUE $192.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $197.3 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.58 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE $0.37.Q2 RESULTS NEGATIVELY IMPACTED BY HIGHER CREDIT COSTS INCLUDING NET CHARGE-OFFS OF $18.6 MILLION AND LOAN PROVISIONS OF $28.9 MILLION.  Full Article

Cadence Bancorporation Announces Proposed Offering Of Notes
Thursday, 20 Jun 2019 

June 20 (Reuters) - Cadence Bancorp ::CADENCE BANCORPORATION ANNOUNCES PROPOSED OFFERING OF FIXED TO FLOATING RATE SUBORDINATED NOTES DUE 2029.CADENCE BANCORP - INTENDS TO USE NET PROCEEDS FROM OFFERING TO REPAY ITS 4.875% SENIOR NOTES DUE JUNE 28, 2019.  Full Article

Cadence Bancorp Reports Q1 Adj EPS Of $0.57
Monday, 29 Apr 2019 

April 29 (Reuters) - Cadence Bancorp ::ORATION REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.57.Q1 REVENUE $200 MILLION VERSUS REFINITIV IBES ESTIMATE OF $185.5 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE $0.44.QTRLY NET INTEREST INCOME $169.3 MILLION, AN INCREASE OF $78.2 MILLION OR 85.8%.QTRLY NET INTEREST INCOME $169.3 MILLION UP 85.8%.  Full Article

Cadence Bancorporation Announces Proposed Secondary Offering Of Class A Common Stock
Wednesday, 12 Sep 2018 

Sept 11 (Reuters) - Cadence Bancorp ::CADENCE BANCORPORATION ANNOUNCES PROPOSED SECONDARY OFFERING OF CLASS A COMMON STOCK.CADENCE BANCORP - ANNOUNCED COMMENCEMENT OF A REGISTERED PUBLIC SECONDARY OFFERING OF 12.1 MILLION SHARES OF CLASS A COMMON STOCK.CADENCE BANCORP - NOT SELLING ANY SHARES OF CLASS A COMMON STOCK, TO NOT RECEIVE ANY PROCEEDS FROM PROPOSED OFFERING.  Full Article

Cadence Bancorp Says Selling Stockholder Offering 15 Mln Shares
Tuesday, 22 May 2018 

May 21 (Reuters) - Cadence Bancorp ::CADENCE BANCORP SAYS SELLING STOCKHOLDER OFFERING 15.0 MILLION SHARES OF CLASS A COMMON STOCK - SEC FILING.  Full Article

Cadence Bancorp Announces Upsize and Pricing of Secondary Offering of Class A Common Stock by Cadence Bancorp, LLC
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Cadence Bancorp ::CADENCE BANCORPORATION ANNOUNCES UPSIZE AND PRICING OF SECONDARY OFFERING OF CLASS A COMMON STOCK BY CADENCE BANCORP, LLC.CADENCE BANCORPORATION'S SAYS SELLING SHAREHOLDER WILL SELL 8 MILLION CLASS A COMMON STOCK AT A PUBLIC OFFERING PRICE OF $25.00 PER SHARE.CADENCE BANCORPORATION- ‍UPON COMPLETION OF OFFERING, CADENCE BANCORP WILL OWN ABOUT 67.1% OF SELLING SHAREHOLDER'S OUTSTANDING CLASS A COMMON STOCK​.  Full Article

Cadence Bancorp Announces Proposed Secondary Offering Of Class A Common Stock By Cadence Bancorp LLC
Thursday, 8 Feb 2018 

Feb 7 (Reuters) - Cadence Bancorp ::CADENCE BANCORPORATION ANNOUNCES PROPOSED SECONDARY OFFERING OF CLASS A COMMON STOCK BY CADENCE BANCORP, LLC.CADENCE BANCORP - ‍COMMENCEMENT OF A REGISTERED PUBLIC SECONDARY OFFERING OF 7 MILLION SHARES OF CLASS A COMMON STOCK​.CADENCE BANCORP - ‍UPON COMPLETION OF OFFERING, CADENCE BANCORP LLC WILL OWN ABOUT 68.3% OF CADENCE BANCORPORATION'S OUTSTANDING CLASS A COMMON STOCK​.  Full Article

Cadence Bancorp announces underwriters' full exercise of option to purchase additional shares
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Cadence Bancorp :Cadence Bancorporation announces underwriters’ full exercise of option to purchase additional shares in connection with secondary offering by Cadence Bancorp, LLC.Says secondary offering exercised in full option to purchase 1.4 million additional shares of Cadence Bancorp Class A stock from Cadence Bancorp.  Full Article

Cadence Bancorp says selling stockholder offering 9.5 mln shares
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Cadence Bancorp ::Cadence Bancorp - cadence bancorp llc, the selling stockholder, , is offering 9.5 million shares of co's class a common stock - sec filing.Cadence bancorp says it will not receive any of the proceeds from the sale of shares by the selling stockholder.  Full Article

Cadence Bancorp Q3 EPS $0.39
Wednesday, 25 Oct 2017 

Oct 24 (Reuters) - Cadence Bancorp :Cadence Bancorp reports third quarter 2017 results.Q3 earnings per share $0.39.Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Cadence Bancorp - ‍net interest income for q3 of 2017 was $81.2 million as compared to $70.4 million during same period in 2016​.  Full Article