Cadence Bancorp

NYSE CADE

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Cadence Bancorp Accounts Payable Turnover Ratio 5 year CAGR for the year ending December 31, 2022: -80.11%

Cadence Bancorp Accounts Payable Turnover Ratio 5 year CAGR is -80.11% for the year ending December 31, 2022, a 2.97% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Cadence Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2022 was 0.05, a 59.23% change year over year.
Cadence Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 0.03, a -99.97% change year over year.
Cadence Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 94.39, a 53.40% change year over year.
Cadence Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 61.53, a -38.68% change year over year.

NYSE: CADE

Cadence Bancorp

CEO	Mr. James D. Rollins III
IPO Date	April 13, 2017
Location	United States
Headquarters	One Mississippi Plaza, Tupelo, MS, United States, 38804
Employees	5,322
Sector	Financial Services
Industry	Banks - regional

Description

Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services. The company's products and services also comprise small business administration lending, foreign exchange, wealth management, investment and trust, financial planning, retirement plan management, and personal and business insurance services. Cadence Bank was founded in 1876 and is headquartered in Tupelo, Mississippi.

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