Cadence Financial Corp., CADE - Cadence Reports Financial Loss for the Second Quarter
Cadence Financial Corp.
Cadence Financial Corp. recently posted a second quarter loss that is wider-than expected this is so because of the company’s higher non-interest expenses and provision for bad loans. http://StockEinstein.com offers free daily stock alerts on companies ready to run. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
Cadence Financial Corp. net loss applicable to common shareholders was $14.7 million, or $1.23 a share, as compared to the company’s net income of $1.9 million, or 16 cents a share, last year. StockEinstein.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
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