CADE News and Press, Cadence Bancorporation Class A From 10/25/21

Cadence Bancorporation (NYSE: CADE) (“Cadence”) today announced net income for the quarter ended September 30, 2021, of $84.0 million or $0.67 per share, compared to net income of $101.3 million or $0.80 per share for the quarter ended June 30, 2021, and to net income of $...

Cadence Bancorporation (NYSE: CADE) today announced its previously declared one-time, special cash dividend on its shares of Class A Common Stock of $1.25 per share to all common stockholders of record as of the close of business on October 25, 2021 is now payable on October 28, 2021. ...

Potential deal in the works Aspen Technology materializes. Two deals with Contingent Value Rights announced last week. Navios Maritime Partners completed the acquisition of Navios Maritime Acquisition Corporation. For further details see: Merger Arbitrage Mondays: Emerso...

Cadence Bancorporation (NYSE: CADE) today announced that it has declared a one-time, special cash dividend on its shares of Class A Common Stock of $1.25 per share to all common stockholders of record as of the close of business on October 25, 2021 payable on or about October 29, 2021. ...

Cadence Bancorporation has achieved considerable growth since its founding in 2009 to an asset base of $18.7 billion in 2020. CADE managed to control its operating costs before and after the merger of 2019. CADE’s performance in the first six months of 2021 suggests that th...

Jefferies equity strategists map out their reasons for going bullish on Financials in a recent report. With the U.S. yield curve steepening in the past two months and the U.S. breakeven curve flattening from deep inversion, "the market is beginning to recognize that both tapering and the rate...

The First, A National Banking Association (“The First”), headquartered in Hattiesburg, Mississippi and subsidiary of The First Bancshares, Inc. (NASDAQ: FBMS “FBMS”) has entered into a definitive purchase agreement to acquire seven Cadence Bank, N.A. branches...

Cadence Bancorporation (NYSE: CADE) (the “Company”), the parent company of Cadence Bank, N.A. (the “Bank”), announced today the Bank entered into separate settlements with the U.S. Department of Justice (“DOJ”) and the Office of the Comptroller ...

Two rumored deals materialize at very large premiums. In a battle of railroads, Canadian Pacific comes back but gets rejected by Kansas City Southern. SPACs fire up with 17 new IPOs filed just last week. For further details see: Merger Arbitrage Mondays - BAMR Acquires A...

Cadence Bancorporation (NYSE: CADE) today announced that, during a special meeting (“Special Meeting”) of its shareholders held today, CADE shareholders voted to approve the previously announced merger agreement (the “Merger Agreement”) entered into between t...