Cadence Bancorporation declares quarterly cash dividend
HOUSTON – (COMMERCIAL THREAD) – Cadence Bancorporation (NYSE: CADE) today announced a quarterly cash dividend in the amount of $ 0.158 per common share outstanding, representing an annualized dividend of $ 0.632 per share. The dividend will be paid on or about October 22, 2021 to registered holders of Class A common shares of Cadence at the close of business on October 18, 2021.
About Cadence Bancorporation
Cadence Bancorporation (NYSE: CADE), headquartered in Houston, Texas, is a regional financial holding company with assets of $ 18.7 billion as of June 30, 2021. Its wholly owned subsidiary, Cadence Bank, NA, operates 99 branches in Alabama, Florida. , Georgia, Mississippi, Tennessee and Texas, and offers businesses, mid-market businesses, small businesses and individuals a full range of innovative banking and financial solutions. Cadence Bank’s services and products include commercial and business banking, cash management, specialty lending, asset lending, commercial real estate, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, pension management, individuals and businesses. insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards. The bank’s customers have access to state-of-the-art online and mobile solutions, interactive banking machines and more than 55,000 ATMs. The Cadence Bank team of more than 1,800 associates is committed to exceeding customer expectations and helping their customers achieve financial success. Cadence Bank, NA FDIC Member. Equal housing lender. NMLS # 525022.