CADE stock icon

Cadence Bank
CADE

$28.15
0.42%
 

About: Cadence Bank is a bank based in the United States. The operating segments are Corporate Banking segment focuses on C&I, business banking, and commercial real estate lending to clients in the geographic footprint, Community Banking segment provides a broad range of banking services through the branch network to serve the needs of community businesses and individual consumers in the geographic footprint, Mortgage segment includes mortgage banking activities of originating mortgage loans, selling mortgage loans in the secondary market and servicing the mortgage loans, Banking Services segment offers individuals, businesses, governmental institutions, and non-profit entities a widerange of solutions to help protect, grow, and transfer wealth, General Corporate and Other segment.

Employees: 5,322

0
Funds holding %
of 6,665 funds
0
Analysts bullish %
of 13 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

228% more call options, than puts

Call options by funds: $3.34M | Put options by funds: $1.02M

4% less capital invested

Capital invested by funds: $4.57B [Q4 2023] → $4.37B (-$203M) [Q1 2024]

2.15% less ownership

Funds ownership: 83.82% [Q4 2023] → 81.67% (-2.15%) [Q1 2024]

3% less funds holding

Funds holding: 284 [Q4 2023] → 276 (-8) [Q1 2024]

26% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 31

32% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 107

50% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 2 (-2) [Q1 2024]

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$27
4%
downside
Avg. target
$31
11%
upside
High target
$35
24%
upside

13 analyst ratings

positive
46%
neutral
54%
negative
0%
Barclays
Jared Shaw
3%upside
$29
Equal-Weight
Maintained
24 Apr 2024
Keefe, Bruyette & Woods
Catherine Mealor
17%upside
$33
Outperform
Maintained
24 Apr 2024
Stephens & Co.
Matt Olney
17%upside
$33
Overweight
Reiterated
23 Apr 2024
RBC Capital
Jon Arfstrom
10%upside
$31
Sector Perform
Reiterated
9 Apr 2024
Jefferies
Ken Usdin
3%upside
$29
Hold
Maintained
8 Apr 2024

Financial journalist opinion