Investment Thesis
Even before we began this new COVID-19 world, more specifically, over the past two years, investors have either successfully shied away from Cadence Bancorp (CADE) or experienced a nightmarish ride down. At the beginning of the pandemic, many investors saw the bank to be holding rather large loan portfolios in what was thought to be the most at-risk parts of the economy. While COVID-19 didn't materially change the direction of most struggling economic sectors, it just tightened the vice that was already plaguing the most sensitive industries like casual dining, energy,