Cadence Bank reports Q3 EPS 67c, consensus 77c

Q3 net interest margin improved to 3.46%, an increase of 6 basis points vs. Q2, driven by improved securities yields and a decline in overall funding costs. Common Equity Tier 1 capital was 11.5%. Tangible book value per common share was $22.82 at September 30, down 12c from the linked quarter. “Our Q3 results reflect strong earnings, including PPNR and adjusted earnings per share, as we continue to fire on all cylinders across our Company,” remarked CEO Dan Rollins. “These results were achieved through steady loan growth, improvement in our net interest margin, continued operating efficiency, and stable credit quality. We are also very pleased to have completed the acquisition of Industry Bancshares, Inc. effective July 1, 2025 as well as the operational integrations of both Industry and First Chatham Bank, and now operate as one bank. These newly merged banks have done an outstanding job retaining and building on customer relationships through the integration process, and we look forward to continuing to grow in these important markets.”