Cascade Bancorp (CACB) is a publicly-traded bank holding company that provides a range of financial services to individuals and businesses in Oregon and Idaho. The company was founded in 1916 and is headquartered in Bend, Oregon.
As of my latest information, the current market capitalization for CACB is approximately $691 million. The company operates through its subsidiary, Bank of the Cascades, which offers a variety of banking services, including deposit accounts, personal and commercial loans, mortgages, and wealth management services. The bank has several branch locations throughout Oregon and Idaho and serves individuals, businesses, and non-profit organizations in the region.
CACB has a strong commitment to serving the local community and has received several awards for its community involvement. The company also places a strong emphasis on environmental sustainability and has implemented several initiatives aimed at reducing its environmental impact.
Investing in bank holding companies like CACB carries certain risks, including the potential for market fluctuations, regulatory risks, and credit risks. Additionally, the bank's financial performance and stock price may be influenced by factors such as interest rates and changes in the local economy. Potential investors should carefully consider the risks associated with investing in CACB, conduct thorough research, and consult with a financial advisor before making any investment decisions.
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