Cadence Bank reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 334.61 million compared to USD 359.36 million a year ago. Net income was USD 259.06 million compared to USD 97.93 million a year ago. Diluted loss per share from continuing operations was USD 1.46 compared to diluted earnings per share from continuing operations of USD 0.51 a year ago. Diluted earnings per share was USD 1.41 compared to USD 0.52 a year ago.
For the full year, net interest income was USD 1,351.36 million compared to USD 1,351.29 million a year ago. Net income was USD 542.3 million compared to USD 463.24 million a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 2.37 a year ago. Diluted earnings per share was USD 2.92 compared to USD 2.46 a year ago.