HOUSTON and TUPELO, Miss., Jan. 22, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) announced today the signing of a definitive merger agreement with FCB Financial Corp., the bank holding company ...
Citigroup boosted their price objective on shares of Cadence Bank from $37.00 to $38.00 and gave the stock a “neutral” rating in a report on Monday, January 27th.
Cadence Bank has entered a deal, valued at about $103.6m, to acquire FCB Financial, the holding company for First Chatham Bank. As consideration for the merger, Cadence will issue 2.3 million ...
Cadence Bank's fourth quarter of 2024 demonstrated resilience in key areas of its business. The bank reported steady loan growth, with an increase of $438 million, accompanied by core deposit ...
This compares with $256.69 million, or $1.41 per share, last year. Excluding items, Cadence Bank reported adjusted earnings of $130.0 million or $0.70 per share for the period. The company's ...
As consideration for the merger, Cadence will issue 2.3 million shares of its stock and $23.1M in cash for FCB’s outstanding shares. First Chatham Bank, established in 2002, operates eight ...
Matt Olney; Analyst; Stephens Inc. Catherine Mealor; Analyst; Keefe, Bruyette, & Woods, Inc. Gary Tenner; Analyst; D.A. Davidson & Co. Good day, and welcome to the ...
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