Cadence Bank
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cadence Bank's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 33% to $1,235,013,000. The net income raised on $542,304,000 and profit margin reached 44%. Total operating expenses were $1,235,013,000.
Profit Margin
| 2014 | 685.80M | 116.75M | 17.02% |
|---|---|---|---|
| 2015 | 713.65M | 127.49M | 17.86% |
| 2016 | 732.48M | 132.72M | 18.12% |
| 2017 | 742.06M | 153.03M | 20.62% |
| 2018 | 857.25M | 221.31M | 25.82% |
| 2019 | 930.62M | 234.26M | 25.17% |
| 2020 | 1.02B | 228.05M | 22.2% |
| 2021 | 1.18B | 195.16M | 16.48% |
| 2022 | 1.84B | 463.23M | 25.12% |
| 2023 | 1.23B | 542.30M | 43.91% |
CADE-PA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.23B | 1.84B | 1.18B | 1.02B | 930.62M | 857.25M | 742.06M | 732.48M | 713.65M | 685.80M |
Cost of revenue | 13.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 1.22B | 1.84B | 1.18B | 1.02B | 930.62M | 857.25M | 742.06M | 732.48M | 713.65M | 685.80M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 28.16M | 41.75M | 10.78M | 6.90M | 8.55M | 8.29M | 7.31M | 7.73M | 6.46M | 7.78M |
Total operating expenses | 1.23B | -1.03B | -936.95M | -739.92M | -631.10M | -513.86M | -471.49M | -506.31M | -498.21M | -484.81M |
Operating income | 95.89M | 808.66M | 246.92M | 287.54M | 299.51M | 343.39M | 270.57M | 226.17M | 215.43M | 200.99M |
Other income (expenses), net | -96.80M | -209.29M | 246.92M | -21.67M | 299.51M | -78.27M | -10.59M | -29.72M | -9.53M | -9.95M |
Income before tax | -910K | 599.37M | 246.92M | 287.54M | 299.51M | 265.12M | 231.62M | 196.44M | 186.73M | 167.40M |
Income tax expense | -4.59M | 136.13M | 51.76M | 59.49M | 65.25M | 43.80M | 78.59M | 63.71M | 59.24M | 50.65M |
Net income | 542.30M | 463.23M | 195.16M | 228.05M | 234.26M | 221.31M | 153.03M | 132.72M | 127.49M | 116.75M |
Earnings per share | ||||||||||
Basic EPS | 2.92 | 2.47 | 1.54 | 2.12 | 2.31 | 2.24 | 1.67 | 1.41 | 1.33 | 1.22 |
Diluted EPS | 2.92 | 2.46 | 1.54 | 2.12 | 2.3 | 2.23 | 1.67 | 1.41 | 1.33 | 1.21 |
| Data source | Data source | Data source | Data source |