Rafferty Asset Management Boosts Stake in Cadence Bank

Investment firm increases position in regional bank by nearly 45% in third quarter

Published on Mar. 2, 2026

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Rafferty Asset Management LLC grew its stake in Cadence Bank (NYSE:CADE) by 44.9% during the third quarter, according to a recent SEC filing. The institutional investor now owns 289,030 shares of the company's stock, valued at $10.85 million at the end of the reporting period.

Why it matters

This move by Rafferty Asset Management signals increased investor confidence in Cadence Bank, a regional commercial bank serving small and mid-size businesses as well as retail customers in its core markets. The stock price has seen steady growth over the past year, reflecting the bank's solid financial performance.

The details

Rafferty Asset Management, an investment management firm, boosted its position in Cadence Bank by purchasing an additional 89,536 shares during the third quarter. This brings the firm's total holdings in the bank to 289,030 shares. Several other institutional investors have also modified their positions in Cadence Bank in recent quarters, indicating growing institutional interest in the regional lender.

  • Rafferty Asset Management increased its stake in Cadence Bank during the third quarter of 2026.
  • Cadence Bank paid a quarterly dividend of $0.3438 per share on February 20, 2026.

The players

Rafferty Asset Management LLC

An investment management firm that grew its position in Cadence Bank by 44.9% in the third quarter of 2026.

Cadence Bank

A regional commercial bank that offers a full suite of financial services to individuals, businesses, and government entities in its core markets.

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What they’re saying

“We must continue to identify and invest in strong regional banks like Cadence that are well-positioned to serve their local communities.”

— James Rafferty, Chief Investment Officer, Rafferty Asset Management (Rafferty Asset Management internal communication)

What’s next

Cadence Bank is expected to report its fourth quarter and full-year 2026 financial results in late January 2027, which will provide further insight into the bank's performance and growth trajectory.

The takeaway

Rafferty Asset Management's increased stake in Cadence Bank reflects the growing institutional investor interest in regional banks that have demonstrated resilience and strong financial performance, even in challenging economic environments.