Cadence Bancorporation (CADE) Raises Quarterly Dividend 20% to $0.15; 2% Yield

Go back to Cadence Bancorporation (CADE) Raises Quarterly Dividend 20% to $0.15; 2% Yield

Cadence Bancorporation (CADE) Prices 12.5M Class A Share Secondary Offering at $28.50/Sh

July 25, 2018 5:52 AM EDT

Cadence Bancorporation (NYSE: CADE) today announced the pricing of its previously announced registered public secondary offering. Cadence Bancorp, LLC will sell 12,500,000 shares of Cadence Bancorporations outstanding Class A common stock, or approximately 14.9% of Cadence Bancorporations outstanding Class A common stock, at a public... More

Cadence BanCorp (CADE) PT Lowered to $34 at Stephens Following 2Q

July 24, 2018 6:47 AM EDT

Stephens lowered its price target on Cadence BanCorp (NYSE: CADE) to $34.00 (from $35.00) while maintaining a Overweight rating following the company's 2Q earnings report. Results were highlighted by solid organic loan growth, modest core NIM expansion and healthy credit trends.

Stephens decreased 2018 operational EPS forecast... More