Cadence Bank
Cadence Bank was a $53 billion-asset regional commercial bank operating 390+ branches across the southern United States, providing personal, business, commercial, and wealth management services. Acquired by Huntington Bancshares in February 2026 for $7.4 billion, the combined entity now operates nearly 1,400 branches across 21 states.
- Company typePrivate
- Founded1876
- HeadquartersTupelo, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Cadence Bank does
Cadence Bank was a regional commercial bank founded in 1876 and publicly traded on the NYSE under ticker CADE, with dual headquarters in Houston, Texas and Tupelo, Mississippi. The bank operated approximately 390 full-service branches across the southern United States with the #1 deposit market share in Mississippi and an expanding Texas franchise, serving individual consumers, small-to-mid-size businesses, commercial and institutional clients, and high-net-worth individuals through its Linscomb Wealth subsidiary (over $5 billion AUM). Its product suite spanned personal banking, business banking, commercial lending, treasury management, wealth management, and risk management solutions.
Revenue was generated primarily through net interest income on the commercial and consumer loan portfolio (Q4 2025 net interest income of $426.9 million represented the bulk of $528.4 million in quarterly net revenue), supplemented by banking service fees, treasury management fees, and quarterly shareholder dividends ($0.275/share). The technology stack centered on a digital banking platform offering mobile check deposit, bill pay, Zelle, alerts, and card management, with institutional-grade CHIPS integration via The Clearing House for large-value corporate payments. Distribution was a hybrid of physical branches and digital self-service channels, with a sales-led, relationship-banking go-to-market emphasizing local banker relationships and community involvement.
On October 27, 2025, Huntington Bancshares announced an agreement to acquire Cadence in a $7.4 billion all-stock transaction. The deal received OCC approval on December 22, 2025 and shareholder approval on January 6, 2026, closing on February 2, 2026. Post-merger, the combined entity operates approximately 1,400 branches across 21 states with roughly $279 billion in assets, $221 billion in deposits, and $187 billion in loans. Cadence Bank ceased to exist as an independent franchise and now operates as part of Huntington National Bank.
Cadence Bank firmographics
Firmographics- Name
- Cadence Bank
- Legal name
- Cadence Bank
- Website
- https://cadencebank.com
- Company type
- Private
- Founded year
- 1876
- Operating status
- Acquired
- Headcount range
- 5,001–10,000 employees
- Short description
- Cadence Bank was a $53 billion-asset regional commercial bank operating 390+ branches across the southern United States, providing personal, business, commercial, and wealth management services. Acquired by Huntington Bancshares in February 2026 for $7.4 billion, the combined entity now operates nearly 1,400 branches across 21 states.
- Ownership category
- akta.pro rank
Cadence Bank industry classification
Industry- Product category
- Regional Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- General SME & Middle-Market Commercial Banking (FSABABAA)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)
Keywords
Where Cadence Bank is headquartered
LocationHeadquarters
- HQ city
- Tupelo
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Cadence Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Net Interest Income: Interest income from loan portfolio including commercial and consumer loans, offset by interest paid on deposits. Primary revenue driver representing the bulk of total revenue at $426.9M for Q4 2025.
- Dividend Payments: Quarterly dividend of $0.275 per share paid to shareholders, reflecting financial stability and shareholder return policy.
- Banking Services Fees: Various banking service fees including treasury management, wealth management, and commercial banking services. Linscomb Wealth, a subsidiary, offers wealth management services with over $5 billion in assets under management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Quarterly dividend of $0.275 per share |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
Cadence Bank product offering
Product offeringCore offering
Cadence Bank provided a full suite of regional banking services including personal banking (checking, savings, credit cards), business and commercial banking (lending, treasury management, cash management), and wealth management through its wholly owned subsidiary Linscomb Wealth. The bank operated 390+ branches across the southern United States, serving individual consumers, small-to-mid-size businesses, commercial and institutional clients, and high-net-worth individuals with relationship-driven local banking complemented by digital tools.
Product overview
Cadence Bank was a regional bank offering a unified suite of banking products and services across multiple channels including personal banking, business banking, commercial banking, wealth management, and treasury management. The bank operated primarily across the southern United States with over 390 locations before its acquisition by Huntington Bancshares. Following the merger completed in February 2026, Cadence Bank operations were fully integrated into Huntington Bank, with former Cadence branches now operating as Huntington Bank branches.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Banking
Quantifiable outcome
- Q4 2025 revenue of $528.4 million, up 17.1% year on year
- +3 more outcomes
Companies that use Cadence Bank
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Cadence Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Cadence Bank partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Huntington Bancshares IncorporatedcoreHuntington Bancshares completed its merger with Cadence Bank on February 2, 2026. The all-stock transaction valued at approximately $7.4 billion created a combined entity with approximately $279 billion in assets, $221 billion in deposits, and $187 billion in loans. The merger expanded Huntington's presence to nearly 1,400 branches across 21 states, making it the eighth-largest bank in Texas and top bank in Mississippi by deposit market share. Three former Cadence directors, including Cadence's Chairman and CEO Dan Rollins, joined Huntington's Board of Directors.
- FCB Financial Corp (First Chatham Bank)minorCadence Bank completed its merger with FCB Financial Corp, the bank holding company for First Chatham Bank, a Savannah-based community bank. The merger aimed to expand Cadence's presence in Savannah and Coastal Georgia and provide new growth opportunities.
- Linscomb WealthcoreLinscomb Wealth is a Houston-based wealth management firm and wholly owned subsidiary of Cadence Bank, marking its 55th anniversary in January 2026. The firm has surpassed $5 billion in assets under management and was an early adopter of the fiduciary fee-only model.
- Industry BancsharesminorCadence Bank acquired Industry Bancshares, a Texas-based banking company, in an all-cash deal valued at a minimum of $20 million. The acquisition would expand Cadence's Texas presence by adding 27 branches and $4.5 billion in deposits, expected to close in late 2025 pending approvals.
- Federal Home Loan Bank of DallasminorCadence Bank participated in FHLB Dallas Partnership Grant Program, providing $58,500 in grants to Housing Education and Economic Development Inc. (HEED) to enhance affordable housing efforts in Mississippi.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Cadence Bank competitors and assessment
Company assessmentDirect peers
- Regions Financial: Regions Financial is a regional bank headquartered in Birmingham, Alabama with comparable southern US footprint, ~$150B in assets, and similar mix of consumer, small business, and commercial banking. Direct overlap with Cadence in Alabama, Mississippi, Georgia, and Tennessee.
- First Horizon Corporation: First Horizon is a Memphis-based regional bank with ~$80B in assets serving Tennessee, Mississippi, Alabama, and the Carolinas. Comparable SME/commercial banking mix and similar middle-market lending focus to Cadence.
- Hancock Whitney Corporation: Hancock Whitney is a Gulf South regional bank headquartered in Gulfport, Mississippi with strong Mississippi market overlap and similar size to Cadence. Comparable consumer, commercial, and wealth management banking model.
- Trustmark Corporation: Trustmark is a Jackson, Mississippi-based community bank with strong in-state deposit share and similar relationship-banking model. Direct overlap with Cadence's Mississippi franchise (#1 deposit share).
- Renasant Corporation: Renasant is a Tupelo, Mississippi-headquartered community bank that shares Cadence's secondary headquarters city, with overlapping Mississippi and Tennessee markets and comparable commercial banking focus.
- Cullen/Frost Bankers: Cullen/Frost is a Texas-headquartered regional bank with strong Texas commercial banking franchise and similar relationship-driven, branch-based model. Direct overlap in Texas markets where Cadence was expanding via Industry Bancshares acquisition.
- Pinnacle Financial Partners: Pinnacle Financial is a Nashville-based regional bank with similar relationship-banking culture, comparable asset size, and strong commercial banking orientation. Both banks emphasize local decision-making and community presence.
- ServisFirst Bancshares: ServisFirst is a Birmingham, Alabama-based regional bank with similar commercial banking focus and Southeast geographic footprint, comparable in scale and target market to Cadence's commercial banking operations.
- Synovus Financial: Synovus is a Columbus, Georgia-based regional bank with strong Georgia and Alabama presence, overlapping with Cadence's FCB Financial expansion into Savannah/Coastal Georgia markets. Similar commercial and consumer banking mix.
Broad incumbents
- Truist Financial Corporation: Truist is a top-10 US bank formed from BB&T/SunTrust merger with significant southern US presence and overlapping commercial banking capabilities. Larger scale broad incumbent operating across many of Cadence's southern markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Cadence Bank social profiles
Digital presenceCadence Bank compliance and trust
Trust signalCompliance3 records
Cadence Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cadence Bank leadership team
Management profileNumber of profiles
Profiles12 records
Cadence Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Cadence Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cadence Bank M&A and investment
M&A and investmentM&A6 records
Investments21 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cadence Bank
What does Cadence Bank do?
Cadence Bank provided a full suite of regional banking services including personal banking (checking, savings, credit cards), business and commercial banking (lending, treasury management, cash management), and wealth management through its wholly owned subsidiary Linscomb Wealth. The bank operated 390+ branches across the southern United States, serving individual consumers, small-to-mid-size businesses, commercial and institutional clients, and high-net-worth individuals with relationship-driven local banking complemented by digital tools.
Is Cadence Bank a public or private company?
Cadence Bank is a private company. It is classified as public and is currently acquired.
When was Cadence Bank founded?
Cadence Bank was founded in 1876. It employs 5,001 to 10,000 people.
Where is Cadence Bank based?
Cadence Bank is headquartered in Tupelo, United States, in the North America region.
How does Cadence Bank make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are dividend Payments and banking Services Fees.
Who are Cadence Bank's main competitors?
Direct peers on record are Regions Financial, First Horizon Corporation, Hancock Whitney Corporation, Trustmark Corporation, Renasant Corporation, Cullen/Frost Bankers, Pinnacle Financial Partners, ServisFirst Bancshares and Synovus Financial. Truist Financial Corporation is listed as a broad incumbent.
Does Cadence Bank have an API?
No public API is recorded for Cadence Bank.
What industry is Cadence Bank in?
Cadence Bank's product category is Regional Banking. Its primary akta.pro industry code is FSABABAA, General SME & Middle-Market Commercial Banking, with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 522110 and its SIC code is 6021.