Cadence Bk Stock Price, News & Analysis

LiftHigh Crane & Rigging (NYSE:CADE) has secured a revolving credit facility with Cadence Bank to support its growth and expansion plans. The facility will provide additional liquidity for LiftHigh to scale its new crane fleet and enhance service capabilities across Texas and beyond.

The credit facility aims to support industrial, commercial, and infrastructure projects while creating jobs and strengthening local businesses. Brad Hopper, CFO of LiftHigh, emphasized the positive relationship with Cadence Bank, while Blake Patterson, Cadence Bank SVP, highlighted the bank's commitment to developing long-term relationships and fostering economic opportunities.

Cadence Bank (NYSE: CADE) has announced a strategic partnership with the Southern Intercollegiate Athletic Conference (SIAC), becoming its official banking sponsor from July 2025 through June 2029. This partnership aligns with Cadence's commitment to strengthening relationships with Historically Black Colleges and Universities (HBCUs) and enhancing its talent recruitment strategy.

The collaboration aims to connect with students, faculty, and alumni across regions where both organizations operate. The partnership, facilitated by Playfly Sports, demonstrates Cadence's focus on building diverse talent pipelines and supporting economic development in local communities through strategic investments in education and athletics.

Cadence Bank (NYSE: CADE) has scheduled its third quarter 2025 earnings release for Monday, October 20, 2025, after market close. The bank will host an interactive earnings webcast on Tuesday, October 21, 2025, at 10:00 AM CT.

The webcast will feature management's discussion with analysts and will be accessible to all stakeholders through the bank's investor relations website. While analysts can actively participate in the discussion, other attendees can access the live broadcast in listen-only mode. A recording of the conference call will be made available on the same platform for later viewing.

Linscomb Wealth, a subsidiary of Cadence Bank (NYSE: CADE), announced the opening of a new office in The Woodlands, Texas, expanding its presence in the Greater Houston area. The new location at 1800 Hughes Landing Blvd will be led by Senior Wealth Advisor Nick Ibanez and Wealth Advisor Matt Britton.

The expansion is part of Linscomb's strategic growth plan initiated in 2019, focusing on markets where their high-touch, team-based approach can serve successful families, executives, and business owners. Additionally, the firm is establishing a presence in Nashville, Tennessee, with Associate Wealth Advisor Clay Jerrell relocating to operate from a Cadence location starting August 1, 2025.

Cadence Bank (NYSE: CADE) has received four prestigious Coalition Greenwich Best Bank Awards for 2025, highlighting its excellence in middle market and small business banking services. The awards include recognition for Overall Satisfaction in both Middle Market and Small Business Banking, along with specific honors for Cash Management and Relationship Management in Small Business Banking.

The recognition was based on extensive research involving interviews with over 13,000 small businesses ($1-$10M sales) and nearly 12,000 middle-market firms ($10-$500M sales). Notably, Cadence Bank was among less than 10% of over 500 banks evaluated to receive this recognition.

Cadence Bank (NYSE:CADE) reported strong Q2 2025 financial results with net income of $129.9 million ($0.69 per diluted share) and adjusted net income of $137.5 million ($0.73 per diluted share). The bank achieved significant organic growth with $1.1 billion in net loan growth (12.6% annualized) and $376 million in core customer deposits (4.4% annualized).

The quarter was marked by two strategic acquisitions: First Chatham Bank (completed May 1, adding $604M in assets) and Industry Bancshares (completed July 1, adding $4.1B in assets). The bank maintained strong capital positions with Common Equity Tier 1 Capital of 12.2% and declared quarterly dividends of $0.275 per common share and $0.34375 per Series A Preferred Share.

Net interest revenue increased to $378.1 million, up 4.1% from Q1, while maintaining stable credit quality with net charge-offs at 0.24% of average loans.

Cadence Bank (NYSE: CADE) has announced its schedule for second quarter 2025 earnings release and webcast. The bank will release its Q2 2025 financial results on Wednesday, July 23, 2025, after market close. A subsequent earnings webcast is scheduled for Thursday, July 24, 2025, at 10:00 AM CT.

The webcast will feature management's conference call with analysts and will be accessible through the bank's investor relations website. While the interactive session will primarily focus on dialogue between management and analysts, the live broadcast will be available to all interested parties. An archived version of the conference call will also be made available on the same platform.

Cadence Bank (NYSE: CADE) has successfully completed its acquisition of Industry Bancshares, Inc. and its six subsidiary banks, effective July 1, 2025. The merger, which received all necessary regulatory and shareholder approvals, significantly expands Cadence's Texas presence.

The combined entity will operate more than 380 branches across the South and Texas, with over 400 ATM and LIVE Teller locations. Industry Bancshares brought significant financial strength to the merger, reporting total assets of $4.4 billion, total loans of $1.1 billion, and total deposits of $4.5 billion as of March 31, 2025 (unaudited).

Customers of Industry Bancshares's subsidiaries will maintain their current banking services until operational integration occurs in Q4 2025. The FDIC will continue to insure customer deposits, with special provisions for time deposits extending through January 1, 2026.

Encore Enterprises has acquired a Class B medical office building at 16980 N. Dallas Parkway for $7 million, financed through Cadence Bank (CADE). The two-story property features 61,356 rentable square feet at $114 PSF, situated on 3.144 acres. The building is currently 58.2% occupied by five long-term credit tenants with no lease expirations until 2026. Encore will relocate its corporate headquarters to the property and self-manage it, marking its only commercial office asset among 27 properties under management. The 1985-built facility, renovated between 2015-2017, includes 50 below-grade garage spaces and 22 covered surface parking spaces. The property includes over 1 acre of vacant land for potential future development and offers strategic access to major transportation hubs, restaurants, retail establishments, and nature trails.