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Cadence Bank (Cadence Bank) Book Value per Share : $27.35 (As of Dec. 2023)


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What is Cadence Bank Book Value per Share?

Cadence Bank's book value per share for the quarter that ended in Dec. 2023 was $27.35.

During the past 12 months, Cadence Bank's average Book Value Per Share Growth Rate was 20.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cadence Bank was 20.80% per year. The lowest was -7.70% per year. And the median was 5.80% per year.

Cadence Bank's current price is $27.67. Its book value per share for the quarter that ended in Dec. 2023 was $27.35. Hence, today's PB Ratio of Cadence Bank is 1.01.

During the past 13 years, the highest P/B Ratio of Cadence Bank was 1.85. The lowest was 0.73. And the median was 1.27.


Cadence Bank Book Value per Share Historical Data

The historical data trend for Cadence Bank's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cadence Bank Book Value per Share Chart

Cadence Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.09 25.89 26.98 22.72 27.35

Cadence Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.72 23.67 23.65 23.15 27.35

Competitive Comparison of Cadence Bank's Book Value per Share

For the Banks - Regional subindustry, Cadence Bank's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cadence Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cadence Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cadence Bank's PB Ratio falls into.



Cadence Bank Book Value per Share Calculation

Cadence Bank's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5,168-167)/183
=27.35

Cadence Bank's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5,168-167)/183
=27.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Cadence Bank  (NYSE:CADE) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Cadence Bank Book Value per Share Related Terms

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Cadence Bank (Cadence Bank) Business Description

Traded in Other Exchanges
Address
201 South Spring Street, One Mississippi Plaza, Tupelo, MS, USA, 38804
Cadence Bank is a bank based in the United States. The operating segments 1) Banking Services segment provides all traditional banking products and services, including commercial loans and deposits. 2) Mortgage segment includes mortgage banking activities of originating mortgage loans, and selling mortgage loans in the secondary market.3) Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities solutions to help protect, grow and transfer wealth. 4) Insurance Agencies segment provides service as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, etc. 5) General Corporate and Other segment included other activities not allocated to other aforementioned operating segments.