Cadence Bank (NYSE:CADE) Q1 2024 Earnings Call Transcript

Valerie Toalson: As I said, wealth management trust, really all just very consistent. We saw an increase in our assets under management. Part of that new business, part of that’s market driven. So, overall, we feel very good about our fee businesses. We’re just under 20% of total revenue and expect that to continue to be strong for us.

Matt Olney: Thank you.

Dan Rollins: Thanks Matt.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Dan Rollins for any closing remarks.

Dan Rollins: Thanks again for joining us this morning. Seeing the fruits of our team’s work and our financial results is very rewarding. While much more work is still needed, our efforts are visible in virtually all of our performance metrics. We reported significant improvements across the board on EPS, ROA, ROE, efficiency, net interest margin, just naming a few, while maintaining stable credit quality and growing loans and core customer deposits. You have our commitment that we will continue our efforts to further enhance our results as we move forward. Thanks again for joining us today. We look forward to visiting with you all again as we are on the road. Thanks.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.