Cadence Bank Common Stock (CADE)

Analysts weigh in on Hurricane Milton's negative impact on different sectors and whether there could be buying opportunities for the long term.

The Federal Reserve cut rates by 50 basis points in September, with potential for further reductions. Morgan Stanley forecasts midcap and large-cap banks to benefit from rate cuts through 2025.

CADE stock results show that Cadence Bank beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

Companies Reporting Before The Bell • MainStreet Bancshares (NASDAQ:MNSB) is projected to report quarterly earnings at $0.52 per share on revenue of $17.10 million.

Companies Reporting Before The Bell • Koninklijke Philips (NYSE:PHG) is expected to report quarterly earnings at $0.63 per share on revenue of $5.79 billion.