Cascade Financial Corp. (CASB) news stock charts
Cascade Financial Corp. (CASB) Investment Summary:
Cascade Financial Corporation (the “Corporation”) is a bank holding company incorporated in the state of Washington that was formed in 1994. The consolidated entity includes the Corporation and its wholly owned subsidiaries. At December 31, 2007, the Corporation’s wholly owned subsidiaries were Cascade Bank (“Cascade” or the “Bank”), Cascade Capital Trust I, II, and III. The executive offices of the Corporation are located at 2828 Colby Avenue, Everett, Washington 98201. The telephone number is (425) 339-5500 and the website is www.cascadebank.com. Information on the website is not part of this Report. The Bank has been serving the people of Snohomish and King Counties since 1916 when it was organized as a mutual savings and loan association. On September 15, 1992, the Bank completed its conversion from a federal mutual to a federal stock savings bank. In July 2001, the Bank converted from a federal stock savings bank to a Washington state commercial bank. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f13%2f0000928911-08-000008.html#FIS_BUSINESS"CASCADE FINANCIAL CORP (CASB:NASDAQ)
Snapshot of CASCADE FINANCIAL CORP (CASB)
|
OPEN
$1.91
|
PREVIOUS CLOSE
$1.89
|
|
|
DAY HIGH
$1.95
|
DAY LOW
$1.87
|
|
|
52 WEEK HIGH
04/17/09 - $4.35
|
52 WEEK LOW
10/20/09 - $1.46
|
|
|
MARKET CAP
23.7M
|
AVERAGE VOLUME 10 D
20.9K
|
|
|
EPS TTM
$-1.07
|
SHARES OUTSTANDING
12.2M
|
|
|
EX-DATE
06/25/09
|
P/E TTM
--
|
|
|
DIVIDEND
--
|
DIVIDEND YIELD
0.53%
|
|
| K = Thousands M = Millions B = Billions | ||
related news
More ripples from the rescue: Banks will have to take writedowns, while the Treasury's move may not boost mortgage lending
Key developments for CASCADE FINANCIAL CORP (CASB)
Cascade Financial Corp.'s board designated Terry Stull interim principal financial officer for purposes of filings with the SEC. Stull is the company's chief accounting officer, senior vice president and controller. He will serve as interim principal financial officer, until a new CFO is named. Recently, Cascade Financial reported the departure of CFO Lars Johnson.
Cascade Financial Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company has posted income available for common stockholders of $521,000, or $0.04 per diluted share, compared to $2.2 million, or $0.18 per diluted share, for the fourth quarter a year ago. Net interest income was down 6% to $10.4 million compared to $11.1 million for the fourth quarter of 2008, due primarily to higher levels of nonperforming loans. Net income before provision for income tax was $1.45 million compared to $3.42 million for the same period a year ago. ROE was 4.46% compared to 7.33% for the same period a year ago. ROA was 0.26% compared to 0.62% for the same period a year ago. For the year, the company reported a net loss of $23.5 million, and a loss attributable to common stockholders of $25.8 million, or a loss of $2.13 per diluted share, compared to net income of $2.1 million and income available for common stockholders of $1.8 million, or $0.15 per diluted share in 2008. Of the current year loss, $11.7 million was due to a goodwill impairment charge taken in the second quarter. Net interest income was $43.3 million, compared to $45.9 million in 2008. The increase in nonperforming assets was the primary cause of the lower year-over-year net interest income. Net loss before benefit for income tax was $31.07 million compared to net income before benefit for income tax of $1.65 million for the same period a year ago. ROE was negative at 21.99% compared to positive ROE of 1.49%. ROA was negative at 1.43% compared to positive ROA of 0.14%. Book value per common share was $8.02 compared to $10.23 per share for the same period a year ago.
Cascade Financial Corp. expected to Report Q1 2010 Results on April 19, 2010. This event was calculated by Capital IQ (Created on January 26, 2010).
Cascade Financial Corp. financial resources
CASB Competitors
| Company | Last | Change | |
| No competitor information is available for CASB. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | CASB | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.6x |
|
| Price/Book | 0.2x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
CASB |
||
CASB transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Cascade Financial Corp.
Cascade shareholders gird for proxy battle
Read article
Cascade Financial Earns $1.1 Million in Fourth Quarter and Achieves Record Core Deposit Growth While Credit Quality Improves
Read article
Cascade Financial to Present at Sandler O'Neill Conference
Read article
Cascade Financial Earns $1.1 Million in Fourth Quarter and Achieves Record Core Deposit Growth While Credit Quality Improves
Read article
Cascade Financial to Present at Sandler O'Neill Conference
Read article
Cascade Financial Earns $1.1 Million in Fourth Quarter and Achieves Record Core Deposit Growth While Credit Quality Improves
Read article
Cascade Financial Earns $1.1 Million in Fourth Quarter and Achieves Record Core Deposit Growth While Credit Quality Improves
Read article
Q4 2009 Cascade Financial Earnings Release - After Market Close
Read article
Cascade Financial reports profitable Q4 but loses $25.8M in ’09
Read article
CASCADE FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition
Read article
Cascade Bank Named Favorite Snohomish County Company in NW Jobs 2009 Peoples Picks Campaign
Read article
Cascade Financial Announces Management Change
Read article
Cascade Financial Schedules Fourth Quarter 2009 Conference Call
Read article
CASCADE FINANCIAL CORP Files SEC form 8-K, Other Events
Read article
Cascade Financial Announces Management Change
Read article
Cascade Financial Schedules Fourth Quarter 2009 Conference Call
Read article
Cascade Financial Schedules Third Quarter 2009 Conference Call
Read article
Cascade Financial Earns $1.6 Million in Third Quarter; Reports Strong Checking Deposit Growth; Risk Based Capital Increases to 13.01%
Read article
Q3 2009 Cascade Financial Earnings Release - After Market Close
Read article