Cadence Bancorporation Quarterly Income Statements Chart
Quarterly
|
Annual
Cadence Bancorporation Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 |
|---|---|---|---|---|---|---|
| interest income | ||||||
| interest and fees on loans | 131,278,000 | 139,824,000 | 155,298,000 | 154,851,000 | 162,854,000 | 175,134,000 |
| interest and dividends on securities: | ||||||
| taxable | 13,551,000 | 11,821,000 | 12,597,000 | 13,164,000 | 12,207,000 | 14,015,000 |
| tax-exempt | 2,088,000 | 2,035,000 | 1,917,000 | 1,699,000 | 1,539,000 | 1,427,000 |
| other interest income | 1,112,000 | 1,021,000 | 927,000 | 783,000 | 575,000 | 2,178,000 |
| total interest income | 148,029,000 | 154,701,000 | 170,739,000 | 170,497,000 | 177,175,000 | 192,754,000 |
| interest expense | ||||||
| interest on time deposits | 3,007,000 | 4,277,000 | 5,711,000 | 7,741,000 | 10,451,000 | 12,744,000 |
| interest on other deposits | 3,036,000 | 3,704,000 | 4,271,000 | 4,822,000 | 7,690,000 | 21,984,000 |
| interest on borrowed funds | 3,445,000 | 3,972,000 | 4,016,000 | 3,892,000 | 4,320,000 | 4,558,000 |
| total interest expense | 9,488,000 | 11,953,000 | 13,998,000 | 16,455,000 | 22,461,000 | 39,286,000 |
| net interest income | 138,541,000 | 142,748,000 | 156,741,000 | 154,042,000 | 154,714,000 | 153,468,000 |
| provision (release) for credit losses | -51,876,000 | -48,262,000 | ||||
| net interest income after provision (release) for credit losses | 190,417,000 | 191,010,000 | ||||
| noninterest income | ||||||
| investment advisory revenue | 8,222,000 | 7,609,000 | 7,457,000 | 6,797,000 | 6,505,000 | 5,605,000 |
| trust services revenue | 4,888,000 | 5,509,000 | 4,885,000 | 4,556,000 | 4,092,000 | 4,815,000 |
| credit related fees | 5,477,000 | 3,849,000 | 4,766,000 | 4,202,000 | 4,401,000 | 5,983,000 |
| service charges on deposit accounts | 7,228,000 | 6,404,000 | 6,028,000 | 5,847,000 | 4,852,000 | 6,416,000 |
| mortgage banking income | 1,587,000 | 2,115,000 | ||||
| bankcard fees | 1,919,000 | 1,753,000 | 1,775,000 | 1,745,000 | 1,716,000 | 1,958,000 |
| payroll processing revenue | 1,258,000 | 1,490,000 | 1,310,000 | 1,255,000 | 1,143,000 | 1,367,000 |
| sba income | 5,810,000 | 3,967,000 | 2,889,000 | 3,037,000 | 1,335,000 | 1,908,000 |
| other service fees | 1,963,000 | 2,209,000 | 1,751,000 | 1,450,000 | 1,528,000 | 1,912,000 |
| securities gains | 11,000 | 2,259,000 | 1,353,000 | 79,000 | 2,286,000 | 2,994,000 |
| other income | 8,111,000 | 6,532,000 | -1,444,000 | 3,623,000 | 2,092,000 | 2,111,000 |
| total noninterest income | 46,474,000 | 43,696,000 | 209,745,000 | 32,591,000 | 29,950,000 | 35,069,000 |
| noninterest expense | ||||||
| salaries and employee benefits | 58,619,000 | 57,070,000 | 59,833,000 | 51,734,000 | 47,158,000 | 48,807,000 |
| premises and equipment | 10,709,000 | 10,374,000 | 11,035,000 | 10,716,000 | 10,634,000 | 10,808,000 |
| merger related expenses | 6,267,000 | 2,105,000 | 1,282,000 | |||
| goodwill impairment | 443,695,000 | |||||
| intangible asset amortization | 4,836,000 | 4,986,000 | 5,165,000 | 5,299,000 | 5,472,000 | 5,592,000 |
| total noninterest expense | 106,066,000 | 97,822,000 | 105,331,000 | 94,859,000 | 88,620,000 | 537,653,000 |
| income before income taxes | 130,825,000 | 136,884,000 | 258,320,000 | 58,801,000 | -62,767,000 | -432,545,000 |
| income tax benefit | 29,516,000 | 30,459,000 | -7,600,250 | 9,486,000 | ||
| net income | 101,309,000 | 106,425,000 | 200,583,000 | 49,315,000 | -56,114,000 | -399,311,000 |
| yoy | -280.54% | -126.65% | ||||
| qoq | -4.81% | -46.94% | 306.74% | -187.88% | -85.95% | |
| net income margin % | ||||||
| weighted-average common shares outstanding | 124,732,617,000 | 125,079,250,000 | 126,120,534,000 | 125,956,714,000 | 125,924,652,000 | 126,630,446,000 |
| earnings per common share | 810 | 850 | 1,590 | 390 | -450 | -3,150 |
| benefit from credit losses | 2,835,000 | 32,973,000 | 158,811,000 | 83,429,000 | ||
| net interest income after benefit from credit losses | 153,906,000 | 121,069,000 | -4,097,000 | 70,039,000 | ||
| income tax (benefit) expense | -6,653,000 | -33,234,000 |
We provide you with 20 years income statements for Cadence Bancorporation stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Cadence Bancorporation stock. Explore the full financial landscape of Cadence Bancorporation stock with our expertly curated income statements.
The information provided in this report about Cadence Bancorporation stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.