#United States #financial results #Cadence Bank #Houston and Tupelo #NYSE CADE

Cadence Bank’s Stellar Financial Performance in 2025

Cadence Bank, listed on the NYSE under the symbol CADE, has revealed its financial results for the fourth quarter and the entire year of 2025. The bank reported noteworthy achievements that underline its commitment to growth and financial stability.

Annual Highlights of 2025

• - Net Income Surge: The bank declared a net income attributable to common shareholders of $532.6 million, translating to $2.83 per diluted common share. This marks an impressive growth of 13.1% in earnings per share compared to 2024.
• - Record Adjusted Income: Cadence Bank also reported an adjusted net income of $582.2 million, or $3.10 per diluted common share, indicating strong financial management and operational efficiency.
• - Revenue growth: The bank achieved a record in adjusted pre-tax pre-provision net revenue (PPNR) of $857.7 million, which is 1.68% of average assets, highlighting a significant increase of 16.1% from the prior year.
• - Strategic Mergers: In 2025, Cadence Bank successfully completed strategic mergers with FCB Financial Corp. and Industry Bancshares, Inc., adding approximately $4.7 billion in assets and expanding its operational footprint in Georgia and Texas.
• - Loan and Deposit Growth: The total loans increased by $3.5 billion (10%) and total deposits grew by $3.6 billion (9%). Excluding acquired figures, their organic loan growth was $2.2 billion (6.4%).
• - Improving Net Interest Margin: The net interest margin saw an improvement of 17 basis points to 3.47%, indicating enhanced profitability from interest-earning assets.

Fourth Quarter Performance Insights

For the fourth quarter of 2025, Cadence Bank’s financial results demonstrated further strengths:

• - Net Income Achievement: The bank's net income for the quarter was $144.4 million, or $0.76 per diluted common share. In addition, the adjusted net income stood at $160.6 million, equating to $0.85 per share.
• - Quarterly Loan Growth: There was an increase of $444.5 million in organic loan growth, marking a 4.8% annualized increase for the quarter. Similarly, core customer deposits rose to $529.0 million annually.
• - Margin Expansion: The net interest margin climbed to 3.55% for the quarter, a 9 basis point increase over the previous quarter, driven by sustained growth in the balance sheet alongside favorable funding conditions.
• - Efficiency Ratio Improvement: The adjusted efficiency ratio also improved, hitting 54.9%, representing a significant enhancement compared to the previous quarter.
• - Tangible Book Value: The tangible book value per common share reached $23.69, up by $0.87 since the previous quarter, driven by robust core earnings and securities portfolio value improvement.

Capital and Shareholder Approval

Cadence Bank maintained rigid regulatory capital levels, boasting a Common Equity Tier 1 Capital of 11.7%. The bank is poised for further growth following the definitive merger agreement with Huntington Bancshares Incorporated, set to finalize on February 1, 2026, creating an impressive combined total asset base exceeding $275 billion.

Chairman and CEO Dan Rollins stated, "We are pleased to report strong fourth quarter results reflecting our ongoing commitment to earnings improvement and balance sheet growth. Our strategic partnerships have also significantly enhanced our market presence."

With nearly 150 years of service, Cadence Bank continues to solidify its position as a leading regional bank, offering a comprehensive range of banking, investment, trust, and mortgage services aimed at fostering prosperity in the communities it serves. For more information, visit Cadence Bank's website.