What is Cascade Bancorp Financial Strength?
Cascade Bancorp has the Financial Strength Rank of 0.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Cascade Bancorp's interest coverage with the available data.
Cascade Bancorp's debt to revenue ratio for the quarter that ended in Mar. 2017 was 0.00.
Altman Z-Score does not apply to banks and insurance companies.
Cascade Bancorp Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Cascade Bancorp's Interest Expense for the
months ended in Mar. 2017 was $-0.8 Mil. Its Operating Income for the
months ended in Mar. 2017 was $11.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.0 Mil.
Cascade Bancorp's Interest Coverage for the quarter that ended in Mar. 2017 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Cascade Bancorp's Debt to Revenue Ratio for the quarter that ended in Mar. 2017 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cascade Bancorp (Cascade Bancorp) Business Description
Traded in Other Exchanges
N/A
Address
Cascade Bancorp was formed in 1990 and is a publicly traded bank holding company. The Bancorp conducts its business activities through its wholly-owned subsidiary, Bank of the Cascades. The Bank is an Oregon state chartered bank which operates more 28 branches serving communities in Central, Southern and Northwest Oregon, as well as in the greater Boise/Treasure Valley, Idaho area. It offers commercial and retail banking services to its customers. It lends to small to medium-sized businesses, municipalities and public organizations, professional and consumer relationships. It also provides commercial real estate loans, real estate construction and development loans, commercial and industrial loans as well as consumer installment, line-of-credit, credit card, and home equity loans. It originates residential mortgage loans that are sold on the secondary market. The Bank provides consumer deposit services with a suite of cash management services. It also provides trust-related services to its clients. The Bank competes principally with other commercial banks, savings and loan associations, credit unions, mortgage companies, brokers, and other non-bank financial services providers. It is subject to a number of state and federal legislative regulations which include, among others, the statutory maximum legal lending rates, domestic monetary policies of the Federal Reserve Board, the U.S. Department of Treasury fiscal policy, and capital adequacy and liquidity constraints imposed by federal and state regulatory agencies.
Executives
| Leonard Green & Partners, L.p. |
10 percent owner |
11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025 |
| Daniel J Lee |
officer: EVP/CCO |
5415 EVERGREEN WAY, EVERETT WA 98203 |
| J Lamont Keen |
director |
1221 W IDAHO ST, BOISE ID 83702 |
| Annette G Elg |
director |
1100 NW WALL STREET, BEND OR 97701 |
| Green V Holdings, Llc |
10 percent owner |
11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
| Green Equity Investors V, L.p. |
10 percent owner |
11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
| Green Equity Investors Side V, L.p. |
10 percent owner |
11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
| Gei Capital V, Llc |
10 percent owner |
11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
| Michael Connolly |
director |
11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
| Dennis L Johnson |
director |
1221 W IDAHO ST, BOISE ID 83702 |
| Patricia L Moss |
director |
1100 N.W. WALL STREET, P.O. BOX 369, BEND OR 97701 |
| Lgp Management Inc |
10 percent owner |
11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025 |
| Terry E Zink |
director, officer: Pres/CEO |
38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263 |
| Donald B Marron |
10 percent owner |
51 WEST 52ND ST, 23RD FL, NEW YORK NY 10019 |
| Judi Johansen |
director |
2786 GLENMORRIE DRIVE, LAKE OSWEGO OR 97034 |
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