Cadence Bancorporation Reports Third Quarter 2020 Financial Results
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Cadence Bancorporation (CADE) Tops Q3 EPS by 21c
October 21, 2020 6:29 AM EDTCadence Bancorporation (NYSE: CADE) reported Q3 EPS of $0.40, $0.21 better than the analyst estimate of $0.19. Revenue for the quarter came in at $186.6 million versus the consensus estimate of $186.12 million.
Net income for the quarter ended September 30, 2020 of $49.3 million or $0.39 per share, compared to net income of $44.0 million or $0.34 per share for the quarter ended September 30, 2019, and a net loss of ($56.1) million or ($0.45) per share for the quarter ended June 30, 2020.Adjusted net income (loss)(1), excluding... More