Cadence Bancorporation (CADE) Tops Q2 EPS by 33c

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Cadence Bancorporation Reports Second Quarter 2021 Financial Results

July 22, 2021 6:22 AM EDT

HOUSTON--(BUSINESS WIRE)-- Cadence Bancorporation (NYSE: CADE) (Cadence) today announced net income for the quarter ended June 30, 2021, of $101.3 million or $0.80 per share, compared to net income of $106.4 million or $0.84 per share for the quarter ended March 31, 2021, and to 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 non-routine income and expenses(2), was $106.1 million or $0.84 per share for the quarter ended June 30, 2021, compared to $104.7 million or $0.83 per share for the quarter ended March 31, 2021, and compared to ($56.9) million or ($0.45) per share for the quarter ended June 30,... More