Cadence Bank Gross Margin 2010-2024 | CADE
- Cadence Bank average gross margin for 2023 was 69.64%, a 24.92% decline from 2022.
- Cadence Bank average gross margin for 2022 was 92.76%, a 0.12% decline from 2021.
- Cadence Bank average gross margin for 2021 was 92.65%, a 4.03% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.