CADE - Cadence Bank Non-GAAP EPS of $0.78 revenue of $474.23M

January, 30 2023 04:38 PM Cadence Bancorporation Class A

Cadence Bank press release ( NYSE: CADE ): Q4 Non-GAAP EPS of $0.78.
Revenue of $474.23M (+26.4% Y/Y).
Generated net organic loan growth of $3.5 billion, or 12.9%.
Net interest margin improved to 3.15%, compared to 2.96% for 2021, as a result of increasing interest rates and a shift in the earning asset mix.
Continued stable credit quality metrics; net recoveries for the year, and total non-performing loans and leases declined to 0.36% of net loans and leases.
The adjusted efficiency ratio improved from 61.6% in 2021 to 60.7% in 2022.

For further details see:

Company Name:	Cadence Bancorporation Class A
Stock Symbol:	CADE
Market:	NYSE
Website:	bancorpsouth.com