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Cadence Bank beats EPS and revenue estimates in recent results.
The loan portfolio is shifting towards Residential Mortgages, with less focus on C&I Non-Real Estate Loans.
CADE stock remains a hold, with positive loan quality and improving net interest margin, but not low enough P/TBV per share.
Cadence Bank ( CADE ) is a bank founded back in 1887 and headquartered in Houston, Texas. Recently, Q2 2024 results were released and both EPS and revenue estimates were beaten....