Cadence Bank (CADE)

• Market cap: $5.68B
• 1 day: -0.32%
• 5 days: 2.78%
• 1 month: -4.49%
• 3 months: -11.29%
• 6 months: -1.83%
• Year to date: -7.86%
• 1 year: 12.13%
• 5 years: 70.60%
• 10 years: 36.48%

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: 5,290

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

29% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 41

18% more repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 95

12% more capital invested

Capital invested by funds: $4.81B [Q3] → $5.37B (+$558M) [Q4]

2.63% more ownership

Funds ownership: 81.9% [Q3] → 84.53% (+2.63%) [Q4]

2% more funds holding

Funds holding: 324 [Q3] → 332 (+8) [Q4]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

39% less call options, than puts

Call options by funds: $1.62M | Put options by funds: $2.67M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $38 22% upside
• Avg. target: $40 29% upside
• High target: $42 35% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Morgan Stanley Manan Gosalia 73% 1-year accuracy 16 / 22 met price target	35% upside $42	Overweight Maintained	13 Mar 2025
Citigroup Benjamin Gerlinger 50% 1-year accuracy 3 / 6 met price target	22% upside $38	Neutral Maintained	27 Jan 2025
RBC Capital Jon Arfstrom 72% 1-year accuracy 34 / 47 met price target	22% upside $38	Sector Perform Reiterated	24 Jan 2025
Stephens & Co. Matt Olney 57% 1-year accuracy 20 / 35 met price target	35% upside $42	Overweight Reiterated	23 Jan 2025