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As you might know, Cadence Bank (NYSE:CADE) recently reported its quarterly numbers. The result was positive overall - although revenues of US$449m were in line with what the analysts predicted, Cadence Bank surprised by delivering a statutory profit of US$0.70 per share, modestly greater than expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
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Taking into account the latest results, the consensus forecast from Cadence Bank's ten analysts is for revenues of US$1.88b in 2025. This reflects a notable 8.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to decrease 2.1% to US$2.82 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$1.89b and earnings per share (EPS) of US$2.81 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
Check out our latest analysis for Cadence Bank
The consensus price target fell 8.6% to US$35.00, suggesting that the analysts might have been a bit enthusiastic in their previous valuation - or they were expecting the company to provide stronger guidance in the quarterly results. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Cadence Bank, with the most bullish analyst valuing it at US$38.00 and the most bearish at US$31.00 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Cadence Bank is an easy business to forecast or the the analysts are all using similar assumptions.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 12% growth on an annualised basis. That is in line with its 11% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 7.1% per year. So it's pretty clear that Cadence Bank is forecast to grow substantially faster than its industry.