Latest news with #CadenceBank
Yahoo
02-08-2025
- Business
- Yahoo
Why Virtus Investment Partners, Cadence Bank, And Cogent Communications Are Winners For Passive Income
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Virtus Investment Partners, Cadence Bank, and Cogent Communications have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 8%. Virtus Investment Partners Virtus Investment Partners Inc. (NYSE:VRTS) is an asset management company that provides investment products and services to individual and institutional clients. Don't Miss: $100k+ in investable assets? – no cost, no obligation. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Virtus has increased its dividends every year for the last seven years. In its most recent dividend hike announcement on Aug. 15, it raised the quarterly payout by 18% to $2.25 per share, equal to an annual figure of $9 per share. More recently, in its dividend announcement on May 15, the company maintained the payout at the same level. The dividend yield on the stock stands at 4.55%. Its annual revenue as of March 31 stood at $898.60 million. The company on July 25 posted Q2 2025 revenues of $210.53 million and EPS of $6.25, both beating expectations. Check out this article by Benzinga for five analysts' insights on Virtus Investment Partners. Trending: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— Cadence Bank Cadence Bank (NYSE:CADE) provides commercial banking and financial services in the U.S. Cadence Bank has raised its dividends consecutively for the last 12 years. In its most recent dividend hike announcement on Jan. 22, its board increased the quarterly payout by 10% to $0.275 per share, equaling an annual figure of $1.10 per share. More recently, in its dividend announcement on July 23, the company maintained the payout at the same level. Currently, the dividend yield is 3.02%. Cadence Bank's annual revenue as of Dec. 31 stood at $1.79 billion. The company on July 23 posted Q2 2025 revenues of $476.32 million and EPS of $0.73, both coming in above the consensus estimates. Check out this article by Benzinga for four analysts' insights on Cadence Communications Cogent Communications Holdings Inc. (NASDAQ:CCOI) provides high-speed Internet access, private network, and data center colocation space services globally. Cogent Communications has raised its dividend every year for the last 51 years. In its most recent dividend announcement on May 8, the company increased the quarterly payout from $1.005 to $1.01 per share, equal to an annual figure of $4.04 per share. The dividend yield on the stock currently stands at 8.27%. The company's annual revenue as of March 31 stood at $1.02 billion. Cogent on May 8 posted Q1 2025 revenues of $247.05 million, below the consensus estimate of $250.81 million, while the per-share loss of $1.09 beat the consensus of $1.11 loss per share. Virtus Investment Partners, Cadence Bank, and Cogent Communications are good choices for investors seeking reliable passive income. Their dividend yields of up to 8% and long history of consistent hikes make them attractive to income-focused investors. Read Next: Maximize saving for your retirement and cut down on taxes: . Image: Shutterstock This article Why Virtus Investment Partners, Cadence Bank, And Cogent Communications Are Winners For Passive Income originally appeared on
Yahoo
29-07-2025
- Business
- Yahoo
Linscomb Wealth Deepens Houston-Area Reach with New Office in The Woodlands
Firm continues executing long-term growth strategy with expansion in key Texas market HOUSTON, July 29, 2025 /PRNewswire/ -- Linscomb Wealth, a Houston-based wealth management firm offering holistic investment and financial planning services and Cadence Bank (NYSE: CADE) subsidiary, today announced a strategic expansion of its geographic footprint, with a newly opened office in The Woodlands, Texas. Located at 1800 Hughes Landing Blvd, Suite 175, the new location deepens the firm's commitment to serving clients across the Greater Houston area with personalized, locally based financial advice. The space is now open and staffed by Senior Wealth Advisor and Team Lead Nick Ibanez, alongside Wealth Advisor Matt Britton, both of whom will provide Linscomb's full suite of wealth management services. "The Woodlands has long been an important market for us, with a distinct community and growing demand for personalized, face-to-face financial guidance," said Nick Ibanez. "We're excited to serve clients right where they are, in their own community, with the care and attention Linscomb is known for." This expansion builds on the momentum of Linscomb's ongoing strategic plan, which launched in 2019, to grow in select markets where the firm's high-touch, team-based approach can resonate with successful families, executives, and business owners. Linscomb's ONE team model ensures clients receive coordinated, holistic guidance rooted in fiduciary care. "The Woodlands represents exactly the kind of community where our firm's approach adds real value," said Phillip Hamman, CFP®, CFA, CEO of Linscomb Wealth. "We've built a team that understands the unique needs of this market and is deeply committed to delivering the kind of personalized, relationship-driven service that defines our culture. This expansion is a natural extension of our long-term vision: to be a multi-generational partner to successful families, right where they live and work." In addition to the new office, the firm is also beginning to establish a presence in Nashville, Tennessee. Beginning August 1, 2025, Associate Wealth Advisor Clay Jerrell will relocate to join Cadence Bank teammates in the area and operate from a Cadence location at 3100 West End Ave., Suite 300. This move represents an early step in exploring opportunities in the Nashville market, where Linscomb sees long-term potential for growth alongside its existing teams in Atlanta, Birmingham, and Huntsville. Both The Woodlands and Nashville locations will offer the firm's standard suite of services, including comprehensive financial planning, investment management, and estate planning. Linscomb also plans to engage meaningfully in each community through professional partnerships, philanthropic involvement, and local events. An open house is being planned for The Woodlands later this summer. For more information about Linscomb Wealth and its office in The Woodlands, visit About Linscomb Wealth Linscomb Wealth (LW) is a fee-only, wealth management firm, offering holistic investment and financial planning services. LW was founded in 1971 and is headquartered in Houston, Texas, with offices in Birmingham, Alabama; Huntsville, Alabama; Atlanta, Georgia; Austin, Texas; and The Woodlands, Texas. LW is a registered investment advisor (RIA) providing tailored planning and investing strategies aimed at helping investors grow and preserve their wealth during life's many unique stages. Through a dedicated committee and collaborative team approach, LW aims to deliver exceptional service and expert advice. The firm's advisors have various backgrounds in law, investments, tax, accounting and/or financial planning. Linscomb Wealth is a wholly owned subsidiary of Cadence Bank. Visit Linscomb Wealth to learn more about the firm. About Cadence Bank Cadence Bank (NYSE: CADE) is a $55 billion regional bank committed to helping people, companies and communities prosper. With more than 390 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 as a 2025 America's Best Banks by Forbes. Cadence 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 Linscomb Wealth Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
Cadence Bank Earns Four 2025 Coalition Greenwich Best Bank Awards for Middle Market and Small Business Banking Performance
The awards highlight the bank's commitment to middle market and small business clients, as well as personalized relationship banking HOUSTON and TUPELO, Miss., July 28, 2025 /PRNewswire/ -- Cadence Bank (NYSE: CADE) is proud to announce it has earned four prestigious Coalition Greenwich Best Bank Awards, recognizing the bank's outstanding performance in and commitment to delivering exceptional service in middle market and small business banking. Presented annually by Crisil Coalition Greenwich, the awards honor financial institutions that excel in providing quality advice, service and value to middle market and small business clients. For 2025, Cadence Bank was recognized in the following categories: Best Bank – Overall Satisfaction for Middle Market Banking in the U.S. Best Bank – Overall Satisfaction for Small Business Banking in the U.S. Best Bank – Satisfaction in Cash Management for Small Business Banking in the U.S. Best Bank – Satisfaction with Relationship Management for Small Business Banking in the U.S. (South) "The Coalition Greenwich Best Banks 2025 awards reflect the hard work and dedication of our commercial and community banking teams across our footprint. Our customers' successes are our successes, and this recognition is a testament to the value we place in putting our customers at the center of our business," said Cadence Bank Chairman and CEO Dan Rollins. To determine the winners, Crisil Coalition Greenwich analysts interviewed more than 13,000 small businesses with sales of $1-$10 million and nearly 12,000 middle-market firms with sales of $10-$500 million across the country. Rollins continues, "We are proud to be recognized for the relationships we build with our customers, the trusted advice we provide and the solutions we offer to help businesses grow and thrive." Crisil Coalition Greenwich is a leading provider of strategic benchmarking, analytics and insights to the financial services industry. Its analysts conduct thousands of interviews with business leaders each year to assess providers across a range of key criteria. Less than 10% of the more than 500 banks evaluated receive recognition. To learn more about Cadence Bank's commercial banking services, visit About Cadence Bank Cadence Bank (NYSE: CADE) is a $55 billion regional bank committed to helping people, companies and communities prosper. With more than 390 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 as a 2025 America's Best Banks by Forbes. Cadence 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 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
28-07-2025
- Business
- Business Insider
Barclays Remains a Buy on Cadence Bank (CADE)
In a report released on July 25, Jared Shaw from Barclays maintained a Buy rating on Cadence Bank, with a price target of $43.00. The company's shares closed last Friday at $36.42. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Shaw is a 3-star analyst with an average return of 1.1% and a 53.28% success rate. Shaw covers the Financial sector, focusing on stocks such as UMB Financial, Cadence Bank, and BankUnited. In addition to Barclays, Cadence Bank also received a Buy from Morgan Stanley's Manan Gosalia in a report issued on July 25. However, on July 24, RBC Capital maintained a Hold rating on Cadence Bank (NYSE: CADE). Based on Cadence Bank's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $683.78 million and a net profit of $133.22 million. In comparison, last year the company earned a revenue of $720.9 million and had a net profit of $116.98 million
Yahoo
22-07-2025
- Business
- Yahoo
Cadence Bank (CADE) To Report Earnings Tomorrow: Here Is What To Expect
Regional banking company Cadence Bank (NYSE:CADE) will be reporting earnings this Wednesday after market hours. Here's what you need to know. Cadence Bank missed analysts' revenue expectations by 0.6% last quarter, reporting revenues of $449.2 million, up 2.6% year on year. It was a satisfactory quarter for the company, with a decent beat of analysts' EPS estimates. Is Cadence Bank a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Cadence Bank's revenue to grow 5.8% year on year to $468.3 million, in line with the 5.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.68 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 3 downward revisions over the last 30 days (we track 8 analysts). Cadence Bank has missed Wall Street's revenue estimates five times over the last two years. Looking at Cadence Bank's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Texas Capital Bank delivered year-on-year revenue growth of 15.2%, beating analysts' expectations by 2.7%, and Nicolet Bankshares reported revenues up 12.7%, topping estimates by 4.4%. Texas Capital Bank traded up 4.8% following the results while Nicolet Bankshares was also up 7.8%. Read our full analysis of Texas Capital Bank's results here and Nicolet Bankshares's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 7.8% on average over the last month. Cadence Bank is up 12.8% during the same time and is heading into earnings with an average analyst price target of $36.82 (compared to the current share price of $35.05). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
