CADENCE BANK (CADE)
US12740C1036 - Common Stock
Overall CADE gets a fundamental rating of 3 out of 10. We evaluated CADE against 411 industry peers in the Banks industry. There are concerns on the financial health of CADE while its profitability can be described as average. CADE has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CADE was profitable.
In the past year CADE had a positive cash flow from operations.
In the past 5 years CADE has always been profitable.
CADE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CADE's Return On Assets of 1.09% is fine compared to the rest of the industry. CADE outperforms 68.86% of its industry peers.
CADE has a Return On Equity of 10.31%. This is in the better half of the industry: CADE outperforms 63.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.09% | ||
| ROE | 10.31% | ||
| ROIC | N/A |
ROA(3y)0.8%
ROA(5y)0.89%
ROE(3y)8.12%
ROE(5y)8.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 43.06%, CADE belongs to the best of the industry, outperforming 96.35% of the companies in the same industry.
CADE's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for CADE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 43.06% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y26.57%
PM growth 5Y10.82%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CADE does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CADE has been increased compared to 1 year ago.
The number of shares outstanding for CADE has been increased compared to 5 years ago.
The debt/assets ratio for CADE is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CADE is 9.59, which is on the high side as it means it would take CADE, 9.59 years of fcf income to pay off all of its debts.
CADE has a Debt to FCF ratio of 9.59. This is in the lower half of the industry: CADE underperforms 78.10% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that CADE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.85, CADE is doing worse than 80.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 9.59 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.52%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CADE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.33%.
Measured over the past years, CADE shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.46% on average per year.
The Revenue for CADE has decreased by -32.90% in the past year. This is quite bad
Measured over the past years, CADE shows a small growth in Revenue. The Revenue has been growing by 7.58% on average per year.
EPS 1Y (TTM)-20.33%
EPS 3Y-3.19%
EPS 5Y-2.46%
EPS growth Q2Q-23.08%
Revenue 1Y (TTM)-32.9%
Revenue growth 3Y6.32%
Revenue growth 5Y7.58%
Revenue growth Q2Q-120.26%
3.2 Future
Based on estimates for the next years, CADE will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.32% on average per year.
CADE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.15% yearly.
EPS Next Y26.57%
EPS Next 2Y19.78%
EPS Next 3Y16.32%
EPS Next 5YN/A
Revenue Next Year-3.75%
Revenue Next 2Y1.07%
Revenue Next 3Y1.15%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.81 indicates a correct valuation of CADE.
Based on the Price/Earnings ratio, CADE is valued a bit more expensive than 79.81% of the companies in the same industry.
CADE is valuated rather cheaply when we compare the Price/Earnings ratio to 24.92, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.70, the valuation of CADE can be described as reasonable.
CADE's Price/Forward Earnings is on the same level as the industry average.
CADE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.49.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.81 | ||
| Fwd PE | 11.7 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CADE is valued a bit more expensive than 64.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.56 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CADE's earnings are expected to grow with 16.32% in the coming years.
PEG (NY)0.56
PEG (5Y)N/A
EPS Next 2Y19.78%
EPS Next 3Y16.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.40%, CADE has a reasonable but not impressive dividend return.
CADE's Dividend Yield is comparable with the industry average which is at 3.81.
CADE's Dividend Yield is a higher than the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.4% |
5.2 History
On average, the dividend of CADE grows each year by 8.95%, which is quite nice.
CADE has paid a dividend for at least 10 years, which is a reliable track record.
CADE has decreased its dividend recently.
Dividend Growth(5Y)8.95%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
CADE pays out 34.02% of its income as dividend. This is a sustainable payout ratio.
The dividend of CADE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP34.02%
EPS Next 2Y19.78%
EPS Next 3Y16.32%
CADENCE BANK
NYSE:CADE (4/26/2024, 7:04:00 PM)
After market: 29.02 0 (0%)29.02
-0.04 (-0.14%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.4% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.81 | ||
| Fwd PE | 11.7 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.56
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.09% | ||
| ROE | 10.31% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 43.06% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-20.33%
EPS 3Y-3.19%
EPS 5Y
EPS growth Q2Q
EPS Next Y26.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-32.9%
Revenue growth 3Y6.32%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y