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Tag Archives: Sam Tortorici

Capital mixed with skill and luck gives Cadence success

A five-star Bauer Financial rating and a percentage of growth in commercial & industrial loans that topped all U.S. banks have made for a lot of pats on the back throughout the multi-state market of the $5.7 billion-asset Cadence Bank. From Cadence CEO Sam Tortorici’s perspective, “It’s amazing what a lot of capital and a very experienced institution can do.” ...

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Getting Bigger by the Day: Cadence continues growth with Fed’s OK of Encore acquisition

Remember Cadence, the little regional bank company in Starkville? It’s all grown up now after last year buying an Alabama regional banking company more than twice its size and continuing its growth spurt with the May 31 Federal Reserve Board of Governors’ approval of the acquisition of Encore Banshares, a $1.6 billion Houston bank. Acquiring Encore is part of a ...

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