Cadence Bank traded at $42.11 this Friday January 30th, decreasing $0.71 or 1.66 percent since the previous trading session. Looking back, over the last four weeks, Cadence Bank lost 1.70 percent. Over the last 12 months, its price rose by 19.63 percent. Looking ahead, we forecast Cadence Bank to be priced at 41.22 by the end of this quarter and at 38.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
BancorpSouth Bank is a financial holding company. The Company, through its principal bank subsidiary, conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company's segments include Community Banking, Insurance Agencies, and General Corporate and Other. Its Community Banking segment provides a range of deposit products, commercial loans and consumer loans. Its Insurance Agencies segment serves as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health and employee benefits products and services. Its General Corporate and Other segment includes mortgage banking, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies segments.