Recap: Cadence Bank Q4 Earnings

Cadence Bank CADE reported its Q4 earnings results on Monday, January 29, 2024 at 04:30 PM.

Here's what investors need to know about the announcement.

Cadence Bank missed estimated earnings by 24.53%, reporting an EPS of $0.4 versus an estimate of $0.53.

Revenue was down $451.09 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 5.23% increase in the share price the next day.

Here's a look at Cadence Bank's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.57	0.67	0.66	0.74
EPS Actual	0.56	0.64	0.68	0.78
Revenue Estimate	460.15M	476.12M	467.19M	484.56M
Revenue Actual	448.02M	465.84M	428.34M	474.23M

To track all earnings releases for Cadence Bank visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Overview Rating:

Good

100

0100

Earnings Calendar