Profile: Cadence Bancorp (CADE.N)

CADE.N on New York Stock Exchange

12 Nov 2019
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$0.08 (+0.49%)
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Cadence Bancorporation, incorporated on July 2, 2014, is a bank holding company. The Company is focused on middle-market commercial lending, complemented by retail banking and wealth management services, and provides a broad range of banking services to businesses, individuals and business owners. It operates through three segments: Banking, Financial Services and Corporate. As of December 31, 2016, the Company operated a network of 66 branch locations across Texas, Alabama, Florida, Mississippi and Tennessee.

Banking Segment

The Company in this segment offers a range of deposit products and lending services through its Commercial Banking, Retail Banking and Private Banking business lines. Commercial banking provides commercial deposit products, treasury and cash management services and traditional and lending products to its customers. Commercial banking includes commercial and industrial lending (C&I), commercial real estate lending (CRE), specialized industry lending and energy lending. Retail banking line of business offers a range of banking services to consumers and small businesses through branch network and online and mobile distribution channels. Retail banking includes residential real estate products, including fixed and adjustable rate loans for purchase or refinance purposes, and other consumer and small business loan. Private Banking business line offers banking services to affluent and high net worth clients and business owner.

Financial Services Segment

Financial Services segment provides an integrated set of investment, retirement, estate, college and business succession planning, retail brokerage, personal and institutional trust services and insurance services through three product lines: Investment Management, Trust Services, and Insurance Services. The Company offers a variety of investment management services to individuals and families through its Linscomb & Williams brand. It offers retirement, personal trusts and estates, portfolio management, institutional trusts and court appointed trust services to individuals and families. The Company, through its Cadence Insurance Services brand, offers a variety of business and personal insurance products to over 8,800 retail and commercial customers, including life insurance, disability insurance, long-term care insurance, homeowner’s insurance, property and casualty insurance, key person insurance and buy-sell agreements.

Corporate Segment

The Corporate Segment reflects parent-only activities. These activities include debt and capital raising, and intercompany eliminations.

Company Address

Cadence Bancorp

2800 Post Oak Blvd Ste 3800
HOUSTON   TX   77056-6170
P: +1713.8714000
F: +1302.6555049

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