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Cadence Bank (Cadence Bank) Price-to-Tangible-Book : 1.49 (As of Apr. 25, 2024)


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What is Cadence Bank Price-to-Tangible-Book?

As of today (2024-04-25), Cadence Bank's share price is $28.86. Cadence Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.32. Hence, Cadence Bank's Price to Tangible Book Ratio of today is 1.49.

The historical rank and industry rank for Cadence Bank's Price-to-Tangible-Book or its related term are showing as below:

CADE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.49   Med: 1.69   Max: 2.08
Current: 1.49

During the past 13 years, Cadence Bank's highest Price to Tangible Book Ratio was 2.08. The lowest was 1.49. And the median was 1.69.

CADE's Price-to-Tangible-Book is ranked worse than
79.57% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CADE: 1.49

A closely related ratio is called PB Ratio. As of today, Cadence Bank's share price is $28.86. Cadence Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was $27.35. Hence, Cadence Bank's P/B Ratio of today is 1.06.


Cadence Bank Price-to-Tangible-Book Historical Data

The historical data trend for Cadence Bank's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Cadence Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.61 1.61 1.69 1.53

Cadence Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 1.69 1.38 1.31 1.46 1.53

Competitive Comparison of Cadence Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Cadence Bank's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cadence Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cadence Bank's Price-to-Tangible-Book falls into.



Cadence Bank Price-to-Tangible-Book Calculation

Cadence Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=28.86/19.319
=1.49

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Cadence Bank Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Cadence Bank's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


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.