Cadence Bank, a leading regional banking franchise based in Houston and Tupelo, has announced its financial results for Q3 2024, showcasing robust performance and strategic growth. The report highlights an increase in net income, stable loan growth, and a rise in total deposits, positioning the bank for continued success amidst evolving market conditions. Net Income […]
Cadence Bank (NYSE: CADE) has unveiled a definitive pact to divest its insurance unit, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. (Gallagher) (NYSE: AJG) in a $904 million cash transaction. Reinvestment and Core Banking Focus The disposal of Cadence Insurance, celebrated as the nation’s second-largest bank-affiliated insurance broker by Business Insurance, unlocks opportunities […]
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, have secured the final approval for their previously announced merger, which has come from the US Federal Deposit Insurance Corporation (FDIC). The approval from FDIC follows approvals by the Mississippi Department of Banking and Consumer Finance and shareholders of both the bank holding companies. […]