Cadence Bank (CADE) オプション

Bought this stock at $28 a couple months ago. Rebounded quickly from early February drops. Dropped a little (.46) today but it seems like a strong stock.

Don't know much about bank stocks or moderating chat rooms. Was an early member of Silicon Investor chat room back in 1998/99. Made good money on QCOM, JDSU, NTAP, CREE et.al, during the tech stock bubble. Then came 2000.

Mostly trading options now but am long CADE and RAD, and just sold TWTR for a nice profit after last week's earnings.

Cadence Bancorporation Announces Upsize and Pricing of Secondary Offering of Class A Common Stock by Cadence Bancorp, LLC
Business Wire Business Wire•February 8, 2018
HOUSTON--(BUSINESS WIRE)--

Cadence Bancorporation (CADE) today announced the upsize and pricing of its previously-announced registered public secondary offering. Cadence Bancorp, LLC will sell 8,000,000 shares of Class A common stock, or approximately 9.6% of Cadence Bancorporation’s outstanding Class A common stock at a public offering price of $25.00 per share and a total offering size of $200,000,000. The offering was upsized from the previously announced offering size of 7,000,000 shares of Class A common stock. All of the shares sold in the offering will be sold by Cadence Bancorp, LLC. Upon completion of the offering, Cadence Bancorp, LLC will own approximately 67.1% of Cadence Bancorporation’s outstanding Class A common stock.

The offering is expected to close on or about February 13, 2018, subject to customary closing conditions.

The underwriters have a 30-day option to purchase up to an additional 1,200,000 shares of Class A common stock from Cadence Bancorp, LLC at the public offering price less the underwriting discount to cover any over-allotments. Cadence Bancorporation is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering. The proposed offering will not change the number of shares of Class A common stock that are currently outstanding.

Goldman Sachs & Co. LLC, J.P. Morgan, Keefe, Bruyette & Woods, a Stifel Company and Sandler O’Neill + Partners, L.P. are acting as joint book-running managers. Baird, Raymond James, RBC Capital Markets, and Stephens Inc. are acting as co-managers.

This offering will be made only by means of a prospectus. Copies of the final prospectus relating to the proposed offering, when available, may be obtained by contacting (i) Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by phone at (866) 471-2526 or by email at prospectusgroup-ny@ny.email.gs.com or (ii) J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free at (866) 803-9204. Copies of the registration statement and final prospectus, when available, may also be obtained free of charge from the website of the U.S. Securities and Exchange Commission (the “SEC”) at http://www.sec.gov.

The SEC declared the registration statement relating to these securities effective on February 8, 2018. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Cadence Bancorporation

Cadence Bancorporation is a $11 billion in assets regional bank holding company headquartered in Houston, Texas. Through its affiliates, Cadence operates 65 locations in Alabama, Florida, Texas, Mississippi and Tennessee, and provides corporations, middle-market companies, small businesses and consumers with a full range of innovative banking and financial solutions. Services and products include commercial and business banking, treasury management, specialized lending, commercial real estate, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards. Clients have access to leading-edge online and mobile solutions, interactive teller machines, and 56,000 ATMs. The Cadence team of 1,200 associates is committed to exceeding customer expectations and helping their clients succeed financially. Cadence Bank, N.A., Cadence Insurance, and Linscomb & Williams are direct or indirect subsidiaries of Cadence Bancorporation.

Cadence Bancorp beats Street 4Q forecasts
Associated Press Associated Press•January 24, 2018
HOUSTON (AP)

Cadence Bancorp (CADE) on Wednesday reported fourth-quarter net income of $14.7 million.

The bank, based in Houston, said it had earnings of 17 cents per share. Earnings, adjusted for pretax expenses, came to 39 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The bank holding company posted revenue of $134 million in the period. Its adjusted revenue was $113.6 million, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $110.4 million.

For the year, the company reported profit of $102.4 million, or $1.25 per share. Revenue was reported as $133.8 million.

Cadence Bancorp shares have climbed slightly more than 4 percent since the beginning of the year.

Stocks Showing Rising Market Leadership: Cadence Bancorp Earns 81 RS Rating