Cadence Bancorp Stock Probability Of Bankruptcy

CADE Stock  USD 28.94  1.25  4.51%   
Cadence Bancorp's odds of distress is below 50% at the present time. It has small probability of experiencing financial distress in the next few years. Cadence Bancorp's Probability Of Bankruptcy is determined by interpolating and adjusting Cadence Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Cadence balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Cadence Bancorp Piotroski F Score and Cadence Bancorp Altman Z Score analysis.
For information on how to trade Cadence Stock refer to our How to Trade Cadence Stock guide.
  

Cadence Probability Of Bankruptcy Analysis

Cadence Bancorp's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2021 2022 2023 2024 (projected)
EBIT246.9M808.7M497.9M282.0M
Operating Income246.9M808.7M542.3M283.3M

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Cadence Bancorp Probability Of Bankruptcy

    
  Less than 49%  
Most of Cadence Bancorp's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cadence Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Cadence Bancorp probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Cadence Bancorp odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Cadence Bancorp financial health.
Is Cadence Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadence Bancorp. If investors know Cadence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadence Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.698
Dividend Share
0.94
Earnings Share
(0.03)
Revenue Per Share
6.325
Quarterly Revenue Growth
(0.10)
The market value of Cadence Bancorp is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Cadence Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadence Bancorp's market value can be influenced by many factors that don't directly affect Cadence Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadence Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadence Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cadence Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Cadence Bancorp is extremely important. It helps to project a fair market value of Cadence Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Cadence Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cadence Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cadence Bancorp's interrelated accounts and indicators.
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Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Cadence Bancorp has a Probability Of Bankruptcy of 49.0%. This indicator is about the same for the Banks average (which is currently at 49.93) sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 23.02% lower than that of the firm.

Cadence Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cadence Bancorp's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cadence Bancorp could also be used in its relative valuation, which is a method of valuing Cadence Bancorp by comparing valuation metrics of similar companies.
Cadence Bancorp is currently under evaluation in probability of bankruptcy category among related companies.

Cadence Bancorp Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets0.01230.01110.009470.0040940.0095210.0103
Asset Turnover0.04420.04270.02480.03790.04490.0538
Net Debt(31.4M)(115.7M)(812.3M)1.6B349.9M367.4M
Total Current Liabilities15.1M10.9M14.9B3.1B33.7B35.4B
Non Current Liabilities Total301.6M301.7M482.4M3.1B10.0B10.5B
Total Assets21.1B24.1B47.7B48.7B48.9B51.4B
Total Current Assets4.9B6.8B16.9B13.9B4.2B6.7B
Total Cash From Operating Activities239.6M226.5M1.2B923.0M597.1M626.9M

Cadence Fundamentals

About Cadence Bancorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cadence Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cadence Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cadence Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Cadence Bank provides commercial banking and financial services in the United States. The company was incorporated in 1876 and is headquartered in Tupelo, Mississippi. Cadence Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 6629 people.

Pair Trading with Cadence Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cadence Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cadence Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cadence Stock

  0.72MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.65MBWM Mercantile Bank Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Cadence Stock

  0.58VBFC Village Bank AndPairCorr
  0.48KB KB Financial Group Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to Cadence Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadence Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cadence Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cadence Bancorp to buy it.
The correlation of Cadence Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cadence Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadence Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cadence Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cadence Bancorp is a strong investment it is important to analyze Cadence Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cadence Bancorp's future performance. For an informed investment choice regarding Cadence Stock, refer to the following important reports:
Check out Cadence Bancorp Piotroski F Score and Cadence Bancorp Altman Z Score analysis.
For information on how to trade Cadence Stock refer to our How to Trade Cadence Stock guide.
Note that the Cadence Bancorp information on this page should be used as a complementary analysis to other Cadence Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Cadence Stock analysis

When running Cadence Bancorp's price analysis, check to measure Cadence Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Bancorp is operating at the current time. Most of Cadence Bancorp's value examination focuses on studying past and present price action to predict the probability of Cadence Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Bancorp's price. Additionally, you may evaluate how the addition of Cadence Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Cadence Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadence Bancorp. If investors know Cadence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadence Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.698
Dividend Share
0.94
Earnings Share
(0.03)
Revenue Per Share
6.325
Quarterly Revenue Growth
(0.10)
The market value of Cadence Bancorp is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Cadence Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadence Bancorp's market value can be influenced by many factors that don't directly affect Cadence Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadence Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadence Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.