US EditionCadence: Q1 Earnings Snapshot
- Cadence Bank announced its financial outcomes for the quarter concluding March 31, 2025, revealing a net income of $130.9 million.
- These results stemmed from improved operating efficiency and a wider net interest margin, yet the bank faces economic volatility.
- The first quarter also saw a net loan increase of $309.9 million, driven by mortgage, community, and private banking growth, and a 3.46% net interest margin.
- Cadence Bank's Chairman and CEO, Dan Rollins, stated they "reported strong earnings driven by improved operating leverage".
- Cadence Bank anticipates closing its merger with FCB Financial Corp on May 1, 2025, expanding its presence into Savannah, Georgia.
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Cadence Bank Announces First Quarter 2025 Financial Results
HOUSTON and TUPELO, Miss., April 21, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended March 31, 2025.
·Parsons, United States
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Cadence Bank (NYSE:CADE) Releases Earnings Results, Beats Estimates By $0.07 EPS
Cadence Bank (NYSE:CADE – Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.07, Zacks reports. Cadence Bank had a return on equity of 9.87% and a net margin of 18.03%. Cadence Bank Stock Performance Shares of […]
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