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Cadence Bank (Cadence Bank) Forward PE Ratio : 11.54 (As of Apr. 25, 2024)


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What is Cadence Bank Forward PE Ratio?

Cadence Bank's Forward PE Ratio for today is 11.54.

Cadence Bank's PE Ratio without NRI for today is 908.13.

Cadence Bank's PE Ratio for today is 9.99.


Cadence Bank Forward PE Ratio Historical Data

The historical data trend for Cadence Bank's Forward PE Ratio 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.

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Cadence Bank Forward PE Ratio Chart

Cadence Bank Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
14.58 18.83 16.29 10.89 12.92 13.46 11.22 6.34 11.43 10.87

Cadence Bank Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 14.58 11.98 14.10 13.74 18.83 18.45 18.83 16.64 16.29 14.45 14.64 13.35 10.89 11.76 12.20 12.39 12.92 8.12 11.35 10.32 13.46 14.71 13.00 11.36 11.22 11.04 8.76 7.63 6.34 6.97 7.47 8.39 11.43 11.60

Competitive Comparison of Cadence Bank's Forward PE Ratio

For the Banks - Regional subindustry, Cadence Bank's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio Distribution in the Banks Industry

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

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



Cadence Bank Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Cadence Bank  (NYSE:CADE) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Cadence Bank Forward PE Ratio 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.