What's Happening?
Cadence Bank announced its financial results for the third quarter of 2025, reporting a net income available to common shareholders of $127.5 million, or $0.67 per diluted share. The bank's adjusted net income was $152.8 million, or $0.81 per diluted share. The quarter saw
a significant increase in adjusted pre-tax pre-provision net revenue, which rose by 18% compared to the same period in 2024. The bank completed the acquisition of Industry Bancshares, Inc., adding approximately $4.1 billion in assets. Total loans grew by $1.3 billion, with $1.0 billion from acquisitions and $0.3 billion from organic growth. Deposits increased by $3.4 billion, driven by recent acquisitions.
Why It's Important?
The financial results underscore Cadence Bank's strategic growth through acquisitions and organic expansion. The increase in net income and adjusted earnings per share reflects the bank's ability to integrate new assets and improve operational efficiency. The acquisition of Industry Bancshares, Inc. enhances Cadence Bank's market presence and asset base, positioning it for further growth. The bank's strong regulatory capital ratios and improved net interest margin indicate a robust financial position, which is crucial for maintaining investor confidence and supporting future expansion plans.
What's Next?
Cadence Bank plans to continue integrating its recent acquisitions and focus on expanding its market presence. The bank aims to leverage its increased asset base to enhance customer relationships and drive further growth. The successful integration of Industry Bancshares and First Chatham Bank is expected to contribute to the bank's long-term strategy of increasing shareholder value. The bank will also focus on maintaining strong credit quality and operational efficiency to support its growth objectives.
