Company Information

  

Address: 2800 POST OAK BOULEVARD SUITE 3800  
City: HOUSTON 
State: TX 
Zip Code: 77056 
Telephone: 713-871-4000 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

Cadence Bancorporation is a bank holding company and a Delaware corporation headquartered in Houston, Texas, and is the parent company of Cadence Bank. Formed in 2009 by banking industry veterans, we secured $1.0 billion of capital commitments in 2010 and built our franchise on the heels of three successful acquisitions: Cadence Bank, N.A. in March 2011, the franchise of Superior Bank in April 2011 and Encore Bank, N.A. in July 2012. Today, we are a growth-oriented, middle-market focused commercial relationship bank providing a broad range of banking and wealth management services to businesses, high net worth individuals, business owners and retail customers through a network of 65 branches as of September 30, 2017, with branches in Alabama (25), Florida (14), Texas (11), Mississippi (11) and Tennessee (4). We completed our initial public offering and listing on the NYSE in April 2017.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20171.25NA21.70

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.10Total Liab/Total Assets0.88
Net Inc/Total Assets0.01Total Liab/Inv Cap0.89
Net Inc/Inv Cap0.01Total Liab/Comm Equity9.24
Pretax Inc/Net Sales0.37Interest Coverage Ratio9.73
Net Inc/Net Sales0.21Curr Debt/Equity0.11
Cash Flow/Net Sales0.29LTD/EquityNA
SG&A/NetSales0.46Total Debt/Equity0.11
Asset Utilization   Liquidity  
Net Receivables Turnover11.33Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E6.99  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 138.08 134.03 126.63 122.36
Cost of Goods Sold 16.63 15.09 13.08 11.77
Selling & Admin Exps 61.15 65.29 55.39 54.94
Operating Income NA NA NA NA
Interest Exp 5.35 5.37 5.26 5.22
Pretax Income 49.78 51.67 50.03 42.54
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 38.83 14.69 32.58 28.97

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 1,719.19 2,044.06 1,842.09 1,418.79
Receivables - Total 47.81 47.79 42.03 42.13
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 68.73 71.04 83.26 85.97
Total Assets 10,999.38 10,948.93 10,502.26 9,811.56
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 151.30 151.03 253.15 179.98
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 9,642.28 9,589.87 9,161.41 8,507.50
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.84 0.84 0.84 0.84
Retained Earnings 369.59 340.21 320.28 287.70
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,357.10 1,359.06 1,340.85 1,304.05
Total Liabilities and Stockholders' Equity 10,999.38 10,948.93 10,502.26 9,811.56

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 72.79 -5.14 98.30 -10.96
Net Cash Provided by Investing Activities -414.18 -261.72 -441.59 -77.07
Net Cash Provided by Financing Activities 27.28 408.29 643.80 60.75

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2015372.9739.26--
12/2016423.6565.77--
12/2017496.74102.351.25
Growth Rates15.4161.47--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1811629,73334.44




Report Date : 6/18/2018

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