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Tag Archives: Mississippi banks

Cadence CEO: Possible IPO could raise capital

A resurrected Cadence Bank, formerly headquartered in Starkville but now operating out of Birmingham, Ala., is pausing for some introspection after a couple years of rapid growth throughout a multi-state region. The period of internal focus could lead the privately held $5.7-billion banking company to decide to go public, a move that would return the bank to an ownership structure ...

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Mississippi banks still confront headwinds others have left behind

Profits of Mississippi banks held more firmly at the outset of the nationwide banking crisis in December 2008, but today banks outside of Mississippi are out-performing those in the Magnolia State. The good news, according to banking consultant Brandon Roberts, is that earnings appear to have reached the bottom for the nation and Mississippi and are actually increasing. “However, earnings ...

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