Cadence Bank Reveals Its New Logo

Rhea-AI Summary

Cadence Bank (NYSE: CADE) unveiled its new logo, marking a significant aspect of its brand identity following the merger with BancorpSouth in October 2021. The logo symbolizes the unity of the two legacy banks and signifies the company's commitment to customer and community prosperity. The design, which incorporates elements from both brands, reflects the anticipated system integration by October 2022, during which current customers will continue to operate under their respective brands. The new logo was revealed at the New York Stock Exchange.

Positive

• Rebranding with a new logo symbolizes unity and forward momentum for the merged Cadence Bank.
• The new logo reflects a commitment to customer and community prosperity.
• Anticipated system integration by October 2022 may bolster brand recognition and market positioning.

Negative

• None.

TUPELO, Miss. and HOUSTON, Jan. 25, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced a key component of its new brand identity: its new logo.

The new logo celebrates the combination of legacy BancorpSouth Bank and legacy Cadence Bank, N.A., which completed their merger in October 2021—becoming the new Cadence Bank, and indicates the company's continued commitment to seeing its customers and communities prosper. It is the first of several elements to be announced as part of the company's long-term brand strategy and identity.

"Both of our legacy companies - Cadence Bank and BancorpSouth - have rich histories of serving our customers and communities. Our new logo will build upon our respective legacies and carry us forward on our growth path," said Dan Rollins, chairman and CEO of Cadence Bank. "We're confident this new logo, as well as the other elements of our brand identity, celebrates our pasts, conveys who we are today and moves us into the future as a combined company."

As part of its logo reveal, Cadence Bank will ring The Opening Bell® at 9:30 a.m. E.T. this morning at the New York Stock Exchange.

About the logo design

The logo's design visually combines the Cadence name with a modernized interpretation of a tree, which is a nod to legacy BancorpSouth's tupelo gum tree logo from the bank's origin in Tupelo, Mississippi. The two sets of identical shapes, representing branches and leaves, demonstrate how the two legacy organizations have aligned and will work together in harmony with each other and our customers, finding the perfect balance of solutions for the customers and communities we serve. The upward motion of the design reflects the positive outcomes the company strives to provide to all of its stakeholders.

The company's two primary brand colors, a rich teal and a bright green, reflect the combined color of the two legacy brands (BancorpSouth's green and Cadence's blue) creating a differentiated and modern expression in the market.

The Cadence name and "Bank" descriptor are set in Accord Alternate, which is a highly legible, accessible and distinctive font.

"Our company's new visual identity illustrates the union of our two strong brands. The more we work together, the more we see our teammates' shared focus on our customers and communities," said Paul Murphy, executive vice chairman of Cadence Bank. "This is a significant milestone for the new Cadence and a key element of our brand story."

Legacy BancorpSouth Bank and legacy Cadence Bank will continue to operate under their respective brands until system integration, which is expected to occur in October 2022. For now, customers should continue using their respective BancorpSouth or Cadence branches, checks, bank cards, online and mobile banking, and other banking services as they usually do.

Visit Cadence's brand microsite for additional information about the new logo. To develop its new identity, Cadence collaborated with Tenet Partners (www.tenetpartners.com), a New York-headquartered brand and innovation firm.

About Cadence Bank

Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and more than 400 branch locations across the South, Midwest and Texas. Cadence provides consumers, businesses and corporations with a full range of innovative banking and financial solutions. Services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, and personal and business insurance. Cadence is committed to a culture of respect, diversity and inclusion in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.

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SOURCE Cadence Bank

FAQ

What is the new logo for Cadence Bank (NYSE: CADE) about?

The new logo symbolizes the merger of Cadence Bank and BancorpSouth, celebrating their combined legacy and commitment to customers.

When was the new logo for Cadence Bank revealed?

The new logo was revealed on January 25, 2022, at the New York Stock Exchange.

What does the new logo design for Cadence Bank represent?

The logo visually combines elements from both legacy banks, including a modernized tree design symbolizing growth and harmony.

When is the system integration for Cadence Bank expected to occur?

The system integration is expected to occur in October 2022.