Latest news with #America'sBestBanks
Yahoo
25-03-2025
- Business
- Yahoo
Cadence Bank Announces First Quarter 2025 Earnings Webcast Schedule
HOUSTON and TUPELO, Miss., March 25, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its first quarter 2025 earnings on Monday, Apr. 21, 2025, after the close of the financial markets. It will also hold its earnings webcast on Tuesday, Apr. 22, 2025, at 10 a.m. CT. The webcast will be live coverage of management's conference call with analysts and can be found by visiting: This will be an interactive session between management and analysts; others may listen to the live broadcast as it happens. The conference call will also be available in archived format at the same web address. About Cadence BankCadence Bank (NYSE: CADE) is a $50 billion regional financial services company committed to helping people, companies and communities prosper. With more than 350 locations spanning the South and Texas, Cadence offers comprehensive banking, investment, trust and mortgage products and services to meet the needs of individuals, businesses and corporations. Accolades include being recognized as one of the nation's best employers by Forbes and U.S. News & World Report and a 2025 America's Best Banks by Forbes. Cadence maintains dual headquarters in Houston, Texas, and Tupelo, Mississippi, and has dutifully served customers for nearly 150 years. Learn more at Cadence Bank, Member FDIC. Equal Housing Lender. View original content to download multimedia: SOURCE Cadence Bank
Yahoo
24-03-2025
- Business
- Yahoo
Cadence Bank Receives Regulatory Approvals for its Merger with FCB Financial Corp.
HOUSTON and TUPELO, Miss., March 24, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) announced it has received all regulatory approvals to complete its proposed merger with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank. The merger is expected to be effective on May 1, 2025, subject to the satisfaction of customary closing conditions. As of Dec. 30, 2024 (unaudited), First Chatham reported total assets of $589 million, total loans of $326 million and total deposits of $507 million. "We're pleased to receive regulatory approval for our merger with FCB Financial Corp.," said Cadence Bank Chairman and CEO Dan Rollins. "First Chatham Bank is a trusted financial institution serving the Greater Savannah community for more than two decades, and their dedication to their customers aligns perfectly with our culture. I look forward to welcoming their teammates and customers to the Cadence Bank family." To learn more, visit About Cadence BankCadence Bank (NYSE: CADE) is a $50 billion regional financial services company committed to helping people, companies and communities prosper. With more than 350 locations spanning the South and Texas, Cadence offers comprehensive banking, investment, trust and mortgage products and services to meet the needs of individuals, businesses and corporations. Accolades include being recognized as one of the nation's best employers by Forbes and U.S. News & World Report and a 2025 America's Best Banks by Forbes. Cadence maintains dual headquarters in Houston, Texas and Tupelo, Mississippi, and has dutifully served customers for nearly 150 years. Learn more at Cadence Bank, Member FDIC. Equal Housing Lender. Forward-Looking StatementsCertain statements contained in this press release may not be based upon historical facts and are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by their reference to a future period or periods or by the use of forward-looking terminology such as "anticipate," "believe," "could," "continue," "seek," "intend," "estimate," "expect," "foresee," "hope," "may," "might," "plan," "should," "predict," "project," "goal," "outlook," "potential," "will," "will result," "will likely result," or "would" or future or conditional verb tenses and variations or negatives of such terms. These forward-looking statements include, without limitation, those relating to the terms, timing and closing of the merger, the benefits and synergies expected from the merger, and the ability of Cadence Bank to close the merger in a timely manner or at all. Cadence Bank cautions readers not to place undue reliance on the forward-looking statements contained in this press release, in that actual results could differ materially from those indicated in such forward-looking statements as a result of a variety of factors, many of which are beyond the control of Cadence Bank. These factors may include, but are not limited to, the ability of Cadence Bank and FCB Financial Corp. to complete the merger, the ability of Cadence Bank and FCB Financial Corp. to satisfy the conditions to the completion of the merger, including the approval of the merger by FCB Financial Corp.'s shareholders, the ability of Cadence Bank and FCB Financial Corp. to meet expectations regarding the timing, completion and accounting and tax treatments of the merger, the potential impact upon Cadence Bank of any delay in the closing of the merger, the possibility that any of the anticipated benefits, cost savings and synergies of the merger will not be realized or will not be realized as expected, the acceptance by customers of FCB Financial Corp. of Cadence Bank's products and services if the merger closes, the failure of the merger to close for any other reason, the effect of the announcement of the merger on Cadence Bank's operating results, the possibility that the merger may be more expensive or time consuming to complete than anticipated, including as a result of unexpected factors or events, and the impact of all other factors generally understood to affect the assets, business, cash flows, financial condition, liquidity, prospects and/or results of operations of financial services companies and the other factors described under the caption "Risk Factors" in the Form 10-K. Forward-looking statements speak only as of the date of this press release and, except as required by law, Cadence Bank does not undertake any obligation to update or revise forward-looking statements to reflect events or circumstances that occur after the date of this press release. Additional Information and Participants in the SolicitationThis communication is being made in respect of the merger of FCB Financial Corp. discussed in this press release. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. In connection with the merger, Cadence Bank and FCB Financial Corp. have delivered a proxy statement and related offering materials to the shareholders of FCB Financial Corp. seeking approval of the merger and related matters. THE SHAREHOLDERS OF FCB FINANCIAL CORP. ARE ENCOURAGED TO READ THE PROXY STATEMENT AND OFFERING MEMORANDUM CAREFULLY IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER, CADENCE BANK AND FCB FINANCIAL CORP. The proxy statement and related offering memorandum will also be made available without charge from the Corporate Secretary of each of Cadence Bank and FCB Financial Corp. The Corporate Secretary of Cadence Bank may be contacted by mail at Attention: Corporate Secretary, Cadence Bank, 201 South Spring Street, Tupelo, Mississippi 38804. Cadence Bank and FCB Financial Corp., and certain of their respective directors, executive officers and other members of management and employees, may be deemed to be participants in the solicitation of proxies from the shareholders of FCB Financial Corp. in respect of the merger. Certain information about the directors and executive officers of Cadence Bank is set forth in its Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the Board of Governors of the Federal Reserve System (the "Federal Reserve") on Feb 21, 2025 (the "Form 10-K"), and in its proxy statement for its 2025 annual meeting of shareholders, which was filed with the Federal Reserve on March 14, 2025. Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, are included in the proxy statement and related offering memorandum. View original content to download multimedia: SOURCE Cadence Bank Sign in to access your portfolio
Globe and Mail
27-02-2025
- Business
- Globe and Mail
1st Source Bank Named One of America's Best Banks by Forbes
Ranked #26 in Top 100 U.S. Banks South Bend, Indiana--(Newsfile Corp. - February 27, 2025) - 1st Source Bank (NASDAQ: SRCE) is pleased to announce that they were once again named to Forbes' America's Best Banks list, taking the 26 th spot out of 100. According to Forbes, they look at "10 metrics measuring growth, credit quality and profitability for the 12 months ending September 30, 2024, and stock performance for the 12 months ending January 10, 2025." 1st Source is one of only three banks in Indiana to make this year's list. "We are honored to receive recognition as one of America's Best Banks for the second year in a row," said Andrea Short, President and CEO of 1st Source Bank and President of 1st Source Corporation. "To rank number 26 on such a prestigious list of competitors is a testament to our colleagues' commitment to living out our mission to help our clients achieve security, build wealth, and realize their dreams. I am proud of our long history of serving our clients well while reinforcing our stability as a financial institution in the areas of growth, credit quality and performance." The 16 th annual America's Best Banks list is compiled from analyzing the 200 largest publicly traded U.S. banks and thrifts by assets. Forbes lists the 10 equally-weighted financial metrics as "net interest margin; return on average tangible common equity; return on average assets; CET1 ratio; efficiency ratio; nonperforming assets as a percentage of total assets; reserves as a percentage of total assets; risk-based capital ratio; operating revenue growth; and net charge-offs as a percentage of total loans." While S&P Global Market Intelligence provides the data, the rankings are done separately by Forbes. The entire list can be viewed here: Forbes 2025 America's Best Banks. America's Best Banks To view an enhanced version of this graphic, please visit: 1st Source Corporation, parent company of 1st Source Bank, has assets of $8.9 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 77 banking centers, 18 1st Source Bank Specialty Finance Group locations nationwide, nine Trust and Wealth Advisory Services locations, 10 1st Source Insurance offices, and three loan production offices. For more than 160 years, 1st Source has been committed to our mission of helping our clients achieve security, build wealth and realize their dreams. For more information, visit ### Contact: Hannah Nichols NicholsHa@ 574-235-2128
Associated Press
19-02-2025
- Business
- Associated Press
Republic Bank Rises into Top 10 of Forbes' Renowned List of America's Best Banks
Forbes recently unveiled its much anticipated 2025 America's Best Banks list, and Republic Bank & Trust Company ('Republic' or 'the Bank') is proud to announce that it has secured the number nine position nationally. 'We're incredibly honored to have made Forbes respected America's Best Banks list again this year, moving into the top ten in 2025,' Republic Bank President and CEO Logan Pichel said. 'This honor, along with our high Net Promoter Score that is nearly three times the banking industry average, is proof positive of our unyielding commitment to provide all of our clients banking services and security they can rely on, along with the great customer service they deserve.' In addition to Kentucky, Republic has retail banking centers serving communities in Florida, Indiana, Ohio and Tennessee, along with a loan office in Missouri. Forbes evaluated 11 metrics that measured growth, credit quality and profitability for the 12 months ending September 30, 2024, as well as stock performance in the 12 months through January 10, 2025, for consideration for the 2025 America's Best Banks list . The nation's 200 largest publicly traded banks and thrifts by assets were automatically eligible for the 2025 list. 'This recognition for Republic Bank is a testament to the strength and stability we've built and continue to grow since the Bank was founded more than 40 years ago. While we're proud to be the only Kentucky-based bank in the top 10, this fosters peace of mind and confidence among our clients, associates and the communities we serve in each of our markets,' Republic Bank Executive Chair Steve Trager added. This honor follows shortly after recognition for Republic Bank by Newsweek on its America's Best Regional Banks list for two consecutive years (2024 and 2025) as well as a Top 50 Community Bank (2024) by S&P Global Market Intelligence. About Republic Bank Republic Bancorp, Inc. (the 'Company') is the parent company of Republic Bank & Trust Company ('the Bank'). The Bank currently has 47 banking centers in communities within five metropolitan statistical areas ('MSAs') across five states: 22 banking centers located within the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six banking centers within the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers within the Cincinnati MSA in Cincinnati and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven banking centers within the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, and Tampa in Florida; and four banking centers within the Nashville MSA in Franklin, Murfreesboro, Nashville and Spring Hill, Tennessee. In addition, Republic Bank Finance has one loan production office in St. Louis, Missouri. The Bank offers internet banking at The Company is headquartered in Louisville, Kentucky, and as of December 31, 2024, had approximately $6.8 billion in assets. The Company's Class A Common Stock is listed under the symbol 'RBCAA' on the NASDAQ Global Select Market. . The Company is headquartered in Louisville, Kentucky, and as of December 31, 2024, had approximately $6.8 billion in assets. The Company's Class A Common Stock is listed under the symbol 'RBCAA' on the NASDAQ Global Select Market. SOURCE: Republic Bancorp, Inc. Copyright Business Wire 2025. PUB: 02/19/2025 08:09 AM/DISC: 02/19/2025 08:08 AM
Yahoo
12-02-2025
- Business
- Yahoo
Axos Bank Named One of America's Best Banks by Forbes
SAN DIEGO, February 12, 2025--(BUSINESS WIRE)--Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named to the 2025 Forbes America's Best Banks list. Forbes considered the 200 largest publicly traded banks and thrifts by assets and ranked the top 100. The 16th annual Forbes America's Best Banks list evaluated and ranked these institutions based on 11 metrics measuring growth, credit quality, and profitability for the twelve months, ending September 30, 2024, as well as stock performance in the twelve months through January 10, 2025. The 10 equally-weighted financial metrics are net interest margin; return on average tangible common equity; return on average assets; CET1 ratio; efficiency ratio; nonperforming assets as a percentage of total assets; reserves as a percentage of total assets; risk-based capital ratio; operating revenue growth; and net charge-offs as a percentage of total loans. "It's an honor to be recognized by Forbes as one of the top banks in America for the 4th time since 2019," said Greg Garrabrants, President and CEO of Axos Financial, Inc. "This recognition is a testament to our diversified consumer and commercial banking model. Our ability to successfully manage growth, profitability, risk and capital positions us well to deliver strong returns to our shareholders." For more information regarding the 2025 Forbes America's Best Banks list, visit About Axos Bank Axos Financial, Inc., with approximately $23.7 billion in consolidated assets as of December 31, 2024, is the holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc. Axos Bank provides consumer and business banking products nationwide through its low-cost distribution channels and affinity partners. Axos Clearing LLC (including its business division Axos Advisor Services), with approximately $37.7 billion of assets under custody and/or administration as of December 31, 2024, and Axos Invest, Inc., provide comprehensive securities clearing services to introducing broker-dealers and registered investment advisor correspondents, and digital investment advisory services to retail investors, respectively. Axos Financial, Inc.'s common stock is listed on the NYSE under the symbol "AX," and is a component of the Russell 2000® Index, the S&P SmallCap 600® Index, the KBW Nasdaq Financial Technology Index, and the Travillian Tech-Forward Bank Index. For more information regarding Axos Bank, please visit View source version on Contacts Media Contact: Johnny Lai, CFASVP, Corporate Development and Investor RelationsAxos Financial, 1-858-649-2218Email: jlai@ Sign in to access your portfolio
