Shareholder Alert: Robbins Arroyo LLP Reminds Investors Cadence Bancorporation (CADE) Sued for Misleading Shareholders
Cadence Bank (CADE)
Last cadence bank earnings: 4/29 06:31 am
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US:NASDAQ Investor Relations:
cadencebank.com/about/investor-relations-overview
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Source: Business Wire
SAN DIEGO & HOUSTON--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP reminds investors that a purchaser of Cadence Bancorporation (NYSE: CADE) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between July 23, 2018 and July 22, 2019. Cadence is a financial holding company that provides commercial banking products and services through its subsidiary.If you suffered a loss as a result of Cadence's misconduct, click here.Cadence Bancorporation (CADE) Accused of Misleading ShareholdersAccording to the complaint, throughout the relevant period, Cadence's financial reports demonstrated strong loan growth and overall stable credit. However, Cadence also acknowledged risks associated with managing credit, recognizing that "[its] business depends on [its] ability to successfully manage credit risk" and that potential loan losses exceeding its allowance for credit losses "may adversely affect [its] business." Despite these acknowled
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News
- Cadence Bank Declares Quarterly Common and Preferred DividendsPR Newswire
- Cadence Bank (NYSE: CADE) had its price target raised by analysts at Barclays PLC from $28.00 to $29.00. They now have an "equal weight" rating on the stock.MarketBeat
- Cadence Bank (NYSE: CADE) had its price target raised by analysts at Keefe, Bruyette & Woods from $32.00 to $33.00. They now have an "outperform" rating on the stock.MarketBeat
- Cadence Bank (NYSE: CADE) was upgraded by analysts at Hovde Group from a "market perform" rating to an "outperform" rating. They now have a $33.00 price target on the stock, up previously from $32.50.MarketBeat
- Cadence Bank (NYSE: CADE) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $33.00 price target on the stock.MarketBeat