Renasant

Renasant Corp. is a bank holding company, which engages in the provision of financial, fiduciary, and insurance services. It operates through the following segments: Community Banks, Insurance, Wealth Management, and Other. The Community Banks segment delivers banking and financial services to individuals and small to medium sized businesses including checking and savings accounts, business and personal loans, interim construction loans, specialty commercial lending, as well as safe deposit and night depository facilities. The Insurance segment includes full service insurance agency offering lines of commercial and personal insurance. The Wealth Management segment provides fiduciary services and administer qualified retirement plans, profit sharing and other employee benefit plans, personal trusts and estates. The Other segment consists of the operations of the holding company and other eliminations. The company was founded in 1982 and is headquartered in Tupelo, MS.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Renasant reports robust Q4 earnings, eyes growth post-acquisition

Renasant Corporation's Q4 2022 earnings call highlighted strong financial performance, growth in total footings, and a focus on sound banking practices.
The company's acquisition of Republic Business Credit and effective expense management position it well for future growth and profitability.
While facing challenges in deposit costs and loan growth moderation, Renasant has opportunities for expansion, revenue optimization, and market competitiveness.

Renasant reports robust Q1 earnings, eyes profitability optimization amid challenges

Renasant Corporation's Q1 2023 earnings call highlighted strong performance driven by loan growth and increased yields, underpinned by a focus on safe operations and profitability. The company faces challenges in managing deposit dynamics and optimizing expenses but has opportunities to enhance profitability through strategic margin management and leveraging its diverse loan portfolio. Executives emphasized resilience and growth despite industry pressures.

Renasant reports solid Q2 earnings, focuses on growth strategies

Renasant Corporation delivered a solid performance in Q2 2023, with strong core earnings and improved asset quality metrics.
While facing challenges from deposit pricing pressures, the company's focus on managing funding costs and growing core deposits presents opportunities for future growth.
Overall, Renasant's strategic actions to enhance financial condition and liquidity position it well for continued stability and potential growth in the future.

Renasant reports solid Q3 earnings and addresses growth challenges

Renasant Corporation's Q3 performance showcased strong earnings and positive operational metrics.
Management highlighted key strengths in asset quality, core deposits, and expense control.
Analysts raised concerns about margin pressures and funding sources while discussing growth opportunities.

Renasant reports robust Q4 earnings, eyes margin expansion opportunities

Renasant Corporation delivered strong Q4 earnings, emphasizing loan growth, asset quality, and capital strength. The company faces challenges in managing margins, expenses, and addressing analyst inquiries. However, opportunities exist for margin expansion, growth, and optimizing financial performance.

Renasant reports strong Q1 earnings, focuses on growth strategies

Renasant Corporation delivered solid financial results in Q1 2024, with a focus on loan growth, expense management, and succession planning.
While facing challenges such as declining noninterest income, the company remains well-positioned to capitalize on opportunities in mortgage revenue and cost control.
Investors can look forward to continued growth and engagement as Renasant navigates the current financial landscape with resilience and strategic planning.

Renasant reports robust Q2 earnings, faces challenges post-Insurance sale

Renasant Corporation demonstrated a strong financial performance in Q2 2024, driven by increased earnings per share and improvements in key financial metrics.
While challenges such as the impact of the Insurance sale and analyst inquiries exist, the company's focus on core strengths like relationship banking and growth opportunities position it well for the future.
By addressing challenges, leveraging strengths, and exploring growth opportunities, Renasant can navigate the current financial landscape and enhance shareholder value.

Renasant reports solid Q3 earnings amidst margin compression challenges

Renasant Corporation delivered a strong financial performance in Q3 2024, driven by growth in net interest income and stable asset quality metrics.
While facing challenges such as margin compression and declining mortgage division income, the company emphasized liquidity and capital strength for future growth.
Opportunities lie in strategic growth initiatives, successful transactions, and maintaining strong deposit behavior to support expansion and lending activities.

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Renasant Corporation (RNST) Q1 2023 Earnings Call Transcript.

Renasant Corporation (RNST) Q1 2023 Earnings Call Transcript

Although the revenue and EPS for Renasant (RNST) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Renasant (RNST) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Renasant (RNST) came out with quarterly earnings of $0.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.60 per share a year ago.

Renasant (RNST) Matches Q1 Earnings Estimates

TUPELO, Miss., April 25, 2023 (GLOBE NEWSWIRE) -- Today, Renasant Corporation (RNST: NASDAQ) (the “Company”) announced that Rose Flenorl has been elected to both the Company and Renasant Bank Boards of Directors. Flenorl currently serves as Manager of Global Citizenship at FedEx Corporation, where she has been instrumental in the design and execution of the company's major citizenship initiatives. She oversees citizenship initiatives in the areas of Global Entrepreneurship, Sustainable Logistics, and Diversity, Equity & Inclusion including multi-million-dollar grants, events and employee engagement activities.

Flenorl Joins Renasant Boards

TUPELO, Miss., April 25, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the first quarter of 2023.

Renasant Corporation Announces Earnings For The First Quarter Of 2023

Renasant (RNST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Renasant (RNST) Reports Next Week: Wall Street Expects Earnings Growth

TUPELO, Miss., April 14, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2023 first quarter results following the NASDAQ's closing on Tuesday, April 25, 2022. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, April 26, 2023, at 10:00 AM Eastern Time (9:00 AM Central Time).

Renasant Announces 2023 First Quarter Webcast and Conference Call Information

Renasant Corporation. (NASDAQ:RNST ) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET Company Participants Kelly Hutcheson - EVP & CAO Mitchell Waycaster - President, CEO & Director Kevin Chapman - Senior EVP & COO James Mabry - Senior EVP & CFO David Meredith - Senior EVP & Chief Credit Officer Conference Call Participants Catherine Mealor - KBW Michael Rose - Raymond James Thomas Wendler - Stephens Operator Good morning, and welcome to the Renasant Corporation 2022 Fourth Quarter Earnings Conference Call.

Renasant Corporation (RNST) Q4 2022 Results - Earnings Call Transcript

Renasant (RNST) delivered earnings and revenue surprises of 1.14% and 0.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Renasant (RNST) Tops Q4 Earnings Estimates

TUPELO, Miss., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the fourth quarter of 2022.

Renasant Corporation Announces Earnings for the Fourth Quarter of 2022

TUPELO, Miss., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2022 fourth quarter results following the NASDAQ's closing on Tuesday, January 24, 2023. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, January 25, 2023, at 10:00 AM Eastern Time (9:00 AM Central Time).

Renasant Announces 2022 Fourth Quarter Webcast and Conference Call Information

TUPELO, Miss., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Renasant today announced that Trey Mullinax, PGA Tour golfer, has joined Renasant as a Brand Ambassador.

Mullinax Joins Renasant as Brand Ambassador

TUPELO, Miss., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) announced today that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (“RBC”) in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011, RBC has grown into a premier, tech-enabled independent commercial finance platform that provides factoring and asset-based lending solutions (“ABL”) to commercial borrowers nationwide with more than $8 billion in factoring originations alone since inception.

Renasant Bank Acquires Republic Business Credit

Renasant (RNST) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down 6% in 4 Weeks, Here's Why Renasant (RNST) Looks Ripe for a Turnaround

Renasant Corp. (NASDAQ:RNST ) Q3 2022 Earnings Conference Call October 26, 2022 10:00 AM ET Company Participants Kelly Hutcheson - EVP & CAO Mitchell Waycaster - President, CEO & Director Kevin Chapman - Senior EVP & COO James Mabry - Senior EVP & CFO David Meredith - Senior EVP & Chief Credit Officer Conference Call Participants Kevin Fitzsimmons - D.A. Davidson Brad Milsaps - Piper Sandler Catherine Mealor - KBW Jordan Ghent - Stephens, Inc. Michael Rose - Raymond James & Associates Operator Good morning, and welcome to the Renasant Corporation 2022 Third Quarter Earnings Conference Call.

Renasant Corp. (RNST) Q3 2022 Results - Earnings Call Transcript

Renasant (RNST) delivered earnings and revenue surprises of 0% and 8.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Renasant (RNST) Q3 Earnings Meet Estimates

TUPELO, Miss., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the third quarter of 2022.

Renasant Corporation Announces Earnings For the Third Quarter of 2022

TUPELO, Miss., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2022 third quarter results following the NASDAQ's closing on Tuesday, October 25, 2022. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, October 26, 2022, at 10:00 AM Eastern Time (9:00 AM Central Time).

Renasant Announces 2022 Third Quarter Webcast and Conference Call Information

Renasant (RNST) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Renasant (RNST) Could Find Support Soon, Here's Why You Should Buy the Stock Now

Does Renasant (RNST) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Renasant (RNST) is a Great Momentum Stock to Buy

BIRMINGHAM, Ala., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation today announced organizational updates for its Renasant Mortgage Lending Division. David Mays, Executive Vice President and President of Renasant Mortgage Lending, will move into the role of Chairman of the division. In this role, Mays will serve as a high-level strategic advisor to Renasant Mortgage Lending. Mays has successfully led the mortgage division for nearly 20 years.

Renasant Mortgage Lending Announces Organizational Updates

Renasant Corp. (NASDAQ:RNST ) Q2 2022 Earnings Conference Call July 27, 2022 10:00 AM ET Company Participants Kelly Hutcheson - EVP & CAO Mitchell Waycaster - President, CEO & Director Kevin Chapman - Senior EVP & COO James Mabry - Senior EVP & CFO David Meredith - Senior EVP & Chief Credit Officer Conference Call Participants William Jones - KBW Michael Rose - Raymond James & Associates Kevin Fitzsimmons - D.A. Davidson & Co. Jordan Ghent - Stephens Inc. David Bishop - Hovde Group Operator Good morning, afternoon, evening, and welcome to the Renasant Corporation 2022 Second Quarter Earnings Conference Call and Webcast.

Renasant Corp. (RNST) CEO Mitchell Waycaster on Q2 2022 Results - Earnings Call Transcript

Renasant (RNST) delivered earnings and revenue surprises of 12.50% and 5.98%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Renasant (RNST) Surpasses Q2 Earnings and Revenue Estimates

TUPELO, Miss., July 26, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the second quarter of 2022. Net income for the second quarter of 2022 was $39.7 million, as compared to $40.9 million for the second quarter of 2021. Basic and diluted earnings per share (“EPS”) were $0.71 for the second quarter of 2022, as compared to basic and diluted EPS of $0.73 and $0.72, respectively, for the second quarter of 2021.

Renasant Corporation Announces Earnings for the Second Quarter of 2022

Renasant (RNST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Renasant Stock (RNST)