Cadence Bank's Valuation: Is the Stock Undervalued or Overvalued?

Cadence Bank (CADE) shares have risen 8% in the past three months, driven by steady revenue and net income growth. The company's share price momentum is supported by consistent financial results and a shift in sentiment for bank stocks. With a fair value estimated at $42.70 and a current price of $38.41, the stock is considered undervalued. However, ongoing integration challenges and a slowdown in Texas could limit Cadence Bank's projected upside.