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Zacks Investment Research upgraded Cascade Bancorp (NASDAQ:CACB) to Hold in a statement released earlier today.

Boasting a price of $7.17, Cascade Bancorp (NASDAQ:CACB) traded -0.42% lower on the day. With the last close up 20.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. Cascade Bancorp has recorded a 50-day average of $6.48 and a two hundred day average of $5.95. Volume of trade was up over the average, with 1,358,920 shares of CACB changing hands over the typical 242,430

Zacks Investment Research has upgraded Cascade Bancorp (NASDAQ:CACB) to Hold in a statement released on 11/29/2016.

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Cascade Bancorp (NASDAQ:CACB)

Cascade Bancorp has PE ratio of 31.59 with a one year low of $5.01 and a one year high of $7.37 and has a market capitalization of $0.

General Company Details For Cascade Bancorp (NASDAQ:CACB)

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. It also originates residential mortgage loans. It provides consumer and business deposit services, including checking, money market, time deposit accounts and related payment services, Internet banking, electronic bill payment and remote deposits. It provides trust and investment related services. As of December 31, 2015, the Bank operated 37 branches serving communities in Central, Southern and Northwest Oregon, as well as in the greater Boise/Treasure Valley, Idaho and Seattle, Washington areas.

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