Cascade Bancorp (CACB) Receiving Somewhat Favorable News Coverage, Report Finds
News stories about Cascade Bancorp (NASDAQ:CACB) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cascade Bancorp earned a daily sentiment score of 0.03 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.2624765110347 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
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About Cascade Bancorp
Cascade Bancorp is a United States-based bank holding company. The Company operates through its subsidiary, Bank of the Cascades (the Bank). The Bank is an Oregon state chartered bank. The Bank offers a range of commercial and retail banking services to its customers. It provides commercial real estate loans, real estate construction and development loans, and commercial and industrial loans, as well as consumer installment, line-of-credit, credit card and home equity loans.
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