Cadence Bank(CADE)
搜索文档
Cadence Bank(CADE) - 2023 Q1 - Earnings Call Transcript
2023-04-26 05:03
财务数据和关键指标变化 - 公司报告净利润可供普通股股东的74.3百万美元,每股摊薀收益0.40美元,调整后净利润124.4百万美元,每股摊薀收益0.68美元[16] - 净贷款增长933百万美元,增长12.5%[13] - 存款增长450百万美元,增长4.7%,剔除季节性公共资金流动和经纪人存款后存款减少400百万美元[10][11] - 净利差3.29%,下降4个基点[34] - 存款成本上升至1.28%,从上季度的0.76%[36] - 贷款收益率(不含溢折价摊销)上升至5.87%,上升47个基点[37] - 存款beta为59%,周期累计为25%[37] - 贷款beta(不含溢折价摊销)为53%,周期累计为41%[37] 各条业务线数据和关键指标变化 - 公司银行贷款增长是本季度增长的最大部分,增长来源广泛[13][14] - 社区银行存款有所增加,抵消了部分公司客户的正常季节性流出[11] - 保险佣金收入同比增长11%,表现良好[39] - 抵押贷款收入增加,主要由于新增贷款收入增加和提前还款减少[39] - 信用卡和商户费用收入下降,受季节性交易量下降和第四季度供应商奖励收益的影响[40] 各个市场数据和关键指标变化 - 公司没有披露具体的市场数据和关键指标变化 公司战略和发展方向及行业竞争 - 公司正在进行分支网点优化,计划在第三季度关闭35家分支机构,预计将带来每年1500-2000万美元的费用节约[20][21] - 公司正在积极识别和执行其他效率举措,以提高盈利能力和运营效率[19] - 公司认为行业整体信贷收紧明显,几乎所有银行都要求存款[14][15] 管理层对经营环境和未来前景的评论 - 公司认为客户行为和存款流动在第一季度基本正常,存款基础稳定[9][10][11] - 公司预计未来几个季度贷款管道将继续下降,但有大量未提取的房地产贷款可以在今年内提取,将成为未来几个季度贷款增长的动力[14][15] - 公司预计信贷指标将从历史低位回归正常水平,特别是在商业贷款方面会受到利率上升的负面影响[17][18] - 公司认为高利率环境将是公司的利好,因为资产收益率提升可以抵消存款成本上升[37] 问答环节重要的提问和回答 问题1 **Brad Milsaps 提问** 询问公司期末贷款和存款利率水平[61][62] **Valerie Toalson 回答** 3月份新发放贷款平均利率约7%,新发CD平均利率约1.5%,部分促销CD利率在4%-5%之间[62][63] 问题2 **Manan Gosalia 提问** 询问公司2023年和2024年的费用情况[76][77][78] **Valerie Toalson 回答** 预计第二季度费用将低于3亿美元,接近2.9亿美元的基准水平,下半年将随着分支机构优化和其他效率措施的实施而进一步下降,公司长期目标是将效率比率降至54%以下[47][48][49] 问题3 **Kevin Fitzsimmons 提问** 询问公司贷款和存款增长的匹配情况[96][97][98] **James Rollins 回答** 公司希望存款能跟上贷款增长,但行业整体信贷收紧导致需要存款支持贷款,公司将继续重点发展存款业务[97][98][101]
Cadence Bank (CADE) Investor Presentation - Slideshow
2023-03-03 02:03
Investor Presentation February 2023 Cadence by the Numbers $48.7 Billion(1) In Total Assets ● Dual headquarters in Tupelo, Mississippi and Houston, Texas. The bank was originally chartered in 1876 and went public in 1986. ● Customer-focused business model with comprehensive line of financial products and banking services for individuals, small to mid-size, and large commercial businesses. ● Comprehensive products & services, including consumer banking, mortgages, credit cards, commercial and business bankin ...
Cadence Bank(CADE) - 2022 Q4 - Earnings Call Presentation
2023-02-10 01:29
Full Year and Fourth Quarter 2022 Financial Results Presented January 31, 2023 Full Year 2022 Financial Highlights | --- | --- | --- | |------------|-------|--------------------------------------------------------------------------------------------------------------------| | | ● | Net income available to common shareholders of $453.7 million, or $2.46 per diluted common share, and adjusted net | | | | income available to common shareholders(1) of $542.3 million, or $2.94 adjusted earnings per common share, ...
Cadence Bank(CADE) - 2022 Q4 - Earnings Call Transcript
2023-02-01 07:53
Cadence Bank (NYSE:CADE) Q4 2022 Earnings Conference Call January 31, 2023 11:00 AM ET Company Participants Will Fisackerly - Director of Corporate Finance James Rollins - Chairman and CEO Valerie Toalson - Senior EVP and CFO Chris Bagley - President Hank Holmes - Senior EVP and Chief Banking Officer Paul Murphy - Executive Vice Chairman Conference Call Participants Catherine Mealor - KBW Michael Rose - Raymond James Manan Gosalia - Morgan Stanley Brandon King - Truist Brett Rabatin - Hovde Group Matt Olney ...
Cadence Bank(CADE) - 2022 Q3 - Earnings Call Transcript
2022-10-26 09:16
Cadence Bank (NYSE:CADE) Q3 2022 Earnings Conference Call October 25, 2022 11:00 AM ET Company Participants Will Fisackerly - Director of Corporate Finance James Rollins - Chairman & CEO Valerie Toalson - Senior EVP & CFO Chris Bagley - President Hank Holmes - Senior EVP & Chief Banking Officer Paul Murphy - Executive Vice Chairman Conference Call Participants Michael Rose - Raymond James Brad Milsaps - Piper Sandler Jennifer Demba - Truist Securities Kevin Fitzsimmons - D.A. Davidson Catherine Mealor - KBW ...
Cadence Bank(CADE) - 2022 Q3 - Earnings Call Presentation
2022-10-26 07:52
Third Quarter 2022 Financial Results Presented October 25, 2022 Successful Conversion and Rebranding Fully Integrated and Focused on the Future ▪ In October 2022, successfully converted approximately 200,000 accounts and rebranded 400+ branch/facilities over nine states ▪ Successful conversion of all systems, infrastructure, call centers ▪ Integrated platform to support growth and business expansion ▪ Retention of key talent in client-facing and critical support roles ▪ Solid cultural alignment and experien ...
Cadence Bank(CADE) - 2022 Q2 - Earnings Call Presentation
2022-07-27 08:33
Second Quarter 2022 Financial Results Presented July 26, 2022 Second Quarter 2022 Financial Highlights ● Net income available to common shareholders of $124.6 million, or $0.68 per diluted common share. ● Adjusted net income available to common shareholders(1) of $134.2 million, or $0.73 per diluted common share, up 12.3% from 1Q22 reflecting strong revenue, lower expenses and continued improvement in Earnings Highlights credit metrics. The adjusted return on average tangible common equity was 19.5% for 2Q2 ...
Cadence Bank(CADE) - 2022 Q2 - Earnings Call Transcript
2022-07-27 03:18
Cadence Bank (NYSE:CADE) Q2 2022 Earnings Conference Call July 26, 2022 11:00 AM ET Company Participants Dan Rollins - Chairman & CEO Valerie Toalson - Senior EVP & CFO Hank Holmes - Senior EVP & Chief Banking Officer Chris Bagley - President Paul Murphy - Executive Vice Chairman Conference Call Participants Jennifer Demba - Truist Securities Michael Rose - Raymond James Brad Milsaps - Piper Sandler Brett Rabatin - Hovde Group Matt Olney - Stephens Kevin Fitzsimmons - D.A. Davidson Catherine Mealor - KBW Jo ...
Cadence Bank (CADE) Investor Presentation - Slideshow
2022-06-09 01:52
Investor Presentation May 2022 Disclaimers Forward Looking Statements Certain statements made in this presentation are not statements of historical fact and constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and are subject to the safe harbor created thereby under the Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as "ant ...
Cadence Bank(CADE) - 2022 Q1 - Earnings Call Transcript
2022-04-27 11:51
Cadence Bank (NYSE:CADE) Q1 2022 Earnings Conference Call April 26, 2022 11:00 AM ET Company Participants Dan Rollins - Chairman and CEO Paul Murphy - Executive Vice Chairman Valerie Toalson - Chief Financial Officer Chris Bagley - President Hank Holmes - Chief Banking Officer Conference Call Participants Jon Arfstrom - RBC Capital Markets Catherine Mealor - KBW Jennifer Demba - Truist Michael Rose - Raymond James Brad Milsaps - Piper Sandler Kevin Fitzsimmons - D.A. Davidson Matt Olney - Stephens Disclaime ...