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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TUPELO, Miss., July 27, 2021 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the second quarter of 2021. Net income for the second quarter of 2021 was $40.9 million, as compared to $20.1 million for the second quarter of 2020. Basic and diluted earnings per share (“EPS”) were $0.73 and $0.72, respectively, for the second quarter of 2021, as compared to basic and diluted EPS of $0.36 for the second quarter of 2020.

Renasant Corporation Announces Earnings for the Second Quarter of 2021

TUPELO, Miss., July 14, 2021 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2021 second quarter results following the NASDAQ's closing on Tuesday, July 27, 2021. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, July 28, 2021, at 10:00 AM Eastern Time (9:00 AM Central Time).

Renasant Announces 2021 Second Quarter Webcast and Conference Call Information

The heavy selling pressure might have exhausted for Renasant (RNST) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging 12.4% in 4 Weeks, Here's Why the Trend Might Reverse for Renasant (RNST)

TUPELO, Miss., May 04, 2021 (GLOBE NEWSWIRE) -- Renasant today announced that it has completed the restructuring of the operations of its subsidiary, Park Place Capital Corporation. A federally-registered investment adviser, Park Place Capital, formerly known as Nashville Capital Corp., was acquired by Renasant in October 2019. Since the acquisition, Renasant has worked to optimize the delivery of investment management services to its clients. Following the completion of the restructure, Park Place Capital now provides investment management services through three unique delivery channels:

Renasant Completes Restructure of Park Place Capital

Renasant Corporation (RNST) CEO Mitchell Waycaster on Q1 2021 Results - Earnings Call Transcript

Renasant (RNST) delivered earnings and revenue surprises of 34.92% and 18.97%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Renasant (RNST) Q1 Earnings and Revenues Top Estimates

TUPELO, Miss., April 27, 2021 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the first quarter of 2021. Net income for the first quarter of 2021 was $57.9 million, as compared to $2.0 million for the first quarter of 2020. Basic and diluted earnings per share (“EPS”) were $1.03 and $1.02, respectively, for the first quarter of 2021, as compared to basic and diluted EPS of $0.04 for the first quarter of 2020.

Renasant Corporation Announces Earnings for the First Quarter of 2021

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.

Renasant (RNST) Earnings Expected to Grow: Should You Buy?

TUPELO, Miss., April 15, 2021 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2021 first quarter results following the NASDAQ's closing on Tuesday, April 27, 2021. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, April 28, 2021, at 10:00 AM Eastern Time (9:00 AM Central Time).

Renasant Announces 2021 First Quarter Webcast and Conference Call Information

Renasant Corporation (RNST) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Renasant Corporation (RNST) Stock Might be a Great Pick

Renasant Corporation's (RNST) CEO Mitchell Waycaster on Q4 2020 Results - Earnings Call Transcript

Renasant (RNST) delivered earnings and revenue surprises of 15.25% and 2.31%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Renasant (RNST) Q4 Earnings and Revenues Beat Estimates

Shares of Renasant (NASDAQ:RNST) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share increased 3.03% year over year to $0.68, which beat the estimate of $0.59.

Renasant: Q4 Earnings Insights

TUPELO, Miss., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the fourth quarter of 2020. Net income for the fourth quarter of 2020 was $31.5 million, as compared to $38.4 million for the fourth quarter of 2019. Basic and diluted earnings per share (“EPS”) were $0.56 for the fourth quarter of 2020, as compared to basic and diluted EPS of $0.67 for the fourth quarter of 2019.

Renasant Corporation Announces Earnings for the Fourth Quarter of 2020

TUPELO, Miss., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2020 fourth quarter and year-end results following the NASDAQ's closing on Tuesday, January 26, 2021. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, January 27, 2021, at 10:00 AM Eastern Time (9:00 AM Central Time).

Renasant Announces 2020 Fourth Quarter and Year-end Earnings Webcast and Conference Call Information

How Renasant Corporation (RNST) Stock Stands Out in a Strong Industry?

Renasant Corporation (RNST) CEO Mitch Waycaster on Q3 2020 Results - Earnings Call Transcript

TUPELO, Miss., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the third quarter of 2020. Net income for the third quarter of 2020 was $30.0 million, as compared to $37.4 million for the third quarter of 2019. Basic and diluted earnings per share (“EPS”) were $0.53 for the third quarter of 2020, as compared to basic and diluted EPS of $0.65 and $0.64, respectively, for the third quarter of 2019.

Renasant Corporation Announces Earnings For the Third Quarter of 2020

TUPELO, Miss., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2020 third quarter results following the NASDAQ's closing on Tuesday, October 27, 2020. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, October 28, 2020, at 10:00 AM Eastern Time (9:00 AM Central Time).

Renasant Announces 2020 Third Quarter Earnings Webcast and Conference Call Information

Renasant (RNST) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

Renasant (RNST) in Focus: Stock Moves 7.8% Higher

Assured Guaranty

Capitol Federal Financial

These three financial-sector stocks are all sharply higher, despite the overall pressure on the stock market.

Here's Why Assured Guaranty, Capitol Federal Financial, and Renasant Shares Are All Moving Higher Friday

Renasant Corporation's (RNST) CEO Mitch Waycaster on Q2 2020 Results - Earnings Call Transcript

Renasant (RNST) delivered earnings and revenue surprises of 73.33% and 15.05%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Renasant (RNST) Q2 Earnings and Revenues Top Estimates

TUPELO, Miss., July 27, 2020 /PRNewswire/ -- Renasant Corporation (NASDAQ: RNST) (the "Company") today announced earnings results for the second quarter of 2020.

Renasant Corporation Announces Earnings For The Second Quarter Of 2020

TUPELO, Miss., July 16, 2020 /PRNewswire/ -- Renasant Corporation (NASDAQ: RNST) (the "Company") will announce 2020 second quarter results following the NASDAQ's closing on Monday, July 27, 2020.

News for Renasant Stock (RNST)