For the quarter ended March 2025, Cadence (CADE) reported revenue of $448.54 million, up 2.5% over the same period last year. EPS came in at $0.71, compared to $0.62 in the year-ago quarter.
The reported revenue represents a surprise of -0.67% over the Zacks Consensus Estimate of $451.57 million. With the consensus EPS estimate being $0.64, the EPS surprise was +10.94%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Cadence performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Adjusted Efficiency Ratio fully tax equivalent: 57.6% compared to the 59.6% average estimate based on four analysts.
- Net Interest Margin: 3.5% versus 3.4% estimated by four analysts on average.
- Average Balance - Total interest earning assets: $42.64 billion compared to the $43.08 billion average estimate based on three analysts.
- Net charge-offs to average loans: 0.3% compared to the 0.2% average estimate based on three analysts.
- Non-Performing Loans: $235.95 million versus $274.87 million estimated by two analysts on average.
- Non-Performing Assets: $244.40 million compared to the $281.64 million average estimate based on two analysts.
- Total noninterest income: $85.39 million versus $88.23 million estimated by four analysts on average.
- Net Interest Income (FTE): $363.78 million versus $366.94 million estimated by three analysts on average.
- Net Interest Income: $363.15 million versus the three-analyst average estimate of $363.60 million.
- Mortgage banking: $6.64 million compared to the $4.97 million average estimate based on two analysts.
- Credit card, debit card and merchant fees: $11.99 million compared to the $12.51 million average estimate based on two analysts.
- Deposit Service charges: $17.74 million versus $18.60 million estimated by two analysts on average.
View all Key Company Metrics for Cadence here>>>
Shares of Cadence have returned -8% over the past month versus the Zacks S&P 500 composite's -5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Cadence Bank (CADE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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