Last $5.29 USD
Change Today +0.11 / 2.12%
Volume 70.1K
CACB On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 5:20 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

cascade bancorp (CACB) Snapshot

Open
$5.19
Previous Close
$5.18
Day High
$5.29
Day Low
$5.10
52 Week High
09/30/13 - $6.35
52 Week Low
05/30/14 - $4.11
Market Cap
382.1M
Average Volume 10 Days
74.5K
EPS TTM
$0.16
Shares Outstanding
72.2M
EX-Date
02/4/09
P/E TM
33.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for CASCADE BANCORP (CACB)

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cascade bancorp (CACB) Details

Cascade Bancorp operates as the bank holding company for Bank of the Cascades that offers a range of commercial and retail banking services to small to medium-sized businesses, municipalities and public organizations, and professional and consumer relationships. The company offers various deposit services, including checking, money market, time deposit, interest bearing demand, and savings deposit accounts; and related payment services. Its loan portfolio comprises commercial real estate loans, real estate construction and development loans, commercial and industrial loans, and residential mortgage loans, as well as consumer installment, line-of-credit, credit cards, and home equity loans. The company also provides investment and trust related services, cash management services, Internet banking, automated teller machines, safe deposit facilities, electronic bill payment, and remote deposit services. As of March 26, 2014, it operated 28 branches in Central Oregon, Southern Oregon, Portland/Salem, and Idaho’s Treasure Valley. The company was founded in 1977 and is headquartered in Bend, Oregon.

399 Employees
Last Reported Date: 04/11/14
Founded in 1977

cascade bancorp (CACB) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.0M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $408.4K
Chief Banking Officer, Executive Vice Preside...
Total Annual Compensation: $460.6K
Compensation as of Fiscal Year 2013.

cascade bancorp (CACB) Key Developments

Cascade Bancorp Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2014; Reports Net Charge-Offs for the Second Quarter Ended June 30, 2014

Cascade Bancorp reported unaudited consolidated earnings results for the second quarter ended June 30, 2014. The company reported net loss for the second quarter of 2014 of $4.7 million, or $0.08 per basic and diluted share as compared to net income of $46.4 million or $0.98 per basic and diluted share for the second quarter of 2013. The net loss for the second quarter of 2014 was primarily due to merger-related expenses recorded of $9.9 million related to the acquisition of Home Federal Bancorp Inc. which was completed in the second quarter and other one-time charges. The net income in the second quarter of 2013 was mainly attributable to the release of the company's valuation allowance on its deferred tax asset (DTA). Net interest income was $15.7 million as compared to $11.5 million in the year ago quarter. The comparative increase was related to inclusion of earnings on Home acquired assets for approximately half of the second quarter of 2014. Total interest income was $16.2 million for the quarter ended June 30, 2014 as compared to $12.4 million in the year ago quarter. The comparative increase was related to inclusion of earnings on Home acquired assets for approximately half of the second quarter of 2014. Loss before income taxes was $9.7 million against $5.3 million for the same period last year. Book value per basic common share was $4.25, against $3.95 at June 30, 2013. Negative return on average total stockholders' equity was 9.05% against positive return on average total stockholders' equity of 95.81% last year. Negative return on average total assets was 1.04% against positive return on average total assets of 13.501% last year. Total revenue was $20.5 million against $15 million for the same period last year. The company reported net charge-offs of $1.3 million for the second quarter ended June 30, 2014, against $2.9 million for the same period last year.

Cascade Bancorp to Report Q2, 2014 Results on Aug 14, 2014

Cascade Bancorp announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 14, 2014

Cascade Bancorp, Q2 2014 Earnings Call, Aug 14, 2014

Cascade Bancorp, Q2 2014 Earnings Call, Aug 14, 2014

 

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CACB

Industry Average

Valuation CACB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.4x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 3.0x
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