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RenasantNASDAQ: RNST

Profile

Country:

United States

IPO:

24 April 1992

Next earnings report:

23 January 2025

Last dividends:

16 September 2024

Next dividends:

N/A
$2.21 B
-4%vs. 3y high
69%vs. sector
-23%vs. 3y high
32%vs. sector
-24%vs. 3y high
24%vs. sector
-9%vs. 3y high
61%vs. sector

Price

after hours | Fri, 01 Nov 2024 23:44:56 GMT
$34.70+$2.29(+7.07%)
$166.95 M$167.20 M
$166.95 M$72.45 M

Analysts recommendations

Institutional Ownership

RNST Latest News

Renasant Corporation (RNST) Q3 2024 Earnings Call Transcript
seekingalpha.com23 October 2024 Sentiment: POSITIVE

Renasant Corporation (NYSE:RNST ) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET Company Participants Kelly Hutcheson - Chief Accounting Officer Mitch Waycaster - Executive Vice Chairman & Chief Executive Officer Kevin Chapman - President & Chief Operating Office Jim Mabry - Chief Financial Officer David Meredith - Senior Executive Vice President & Chief Credit Officer Conference Call Participants Catherine Mealor - KBW Michael Rose - Raymond James Matt Olney - Stephens David Bishop - Hovde Group Stephen Scouten - Piper Sandler Operator Good day, and welcome to the Renasant Corporation's Third Quarter Earnings Conference Call and Webcast. All participants will be in listen-only mode.

Compared to Estimates, Renasant (RNST) Q3 Earnings: A Look at Key Metrics
zacks.com22 October 2024 Sentiment: POSITIVE

The headline numbers for Renasant (RNST) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Renasant Corporation Announces Earnings for the Third Quarter of 2024, Receipt of Shareholder Approval of the Merger With the First Bancshares, Inc.
globenewswire.com22 October 2024 Sentiment: POSITIVE

TUPELO, Miss., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) today announced earnings results for the third quarter of 2024.

Renasant Announces 2024 Third Quarter Webcast and Conference Call Information
globenewswire.com08 October 2024 Sentiment: POSITIVE

TUPELO, Miss., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2024 third quarter results following the NYSE's closing on Tuesday, October 22, 2024. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, October 23, 2024, at 10:00 AM Eastern Time (9:00 AM Central Time).

RNST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Renasant Corporation Is Fair to Shareholders
businesswire.com03 September 2024 Sentiment: NEGATIVE

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Renasant Corporation (NYSE: RNST) and The First Bancshares, Inc. is fair to Renasant shareholders. Halper Sadeh encourages Renasant shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns whether Renasant and its board viola.

Regional Banks Ramp Up M&A Deals to Strengthen Balance Sheet
zacks.com22 August 2024 Sentiment: POSITIVE

Regional banks like SSB, UMBF and RNST are resorting to M&A deals to bolster their balance sheet amid deposit competition.

Renasant Corporation Announces Closing of Common Stock Offering
globenewswire.com31 July 2024 Sentiment: POSITIVE

TUPELO, Miss., July 31, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Corporation”) today announced that it has completed its public offering of an aggregate of 7,187,500 shares of its common stock (the “common stock”) at a price of $32.00 per share, including 937,500 additional shares of common stock upon the exercise in full by the underwriters of their option to purchase additional shares. The aggregate gross proceeds were $230.0 million. The net proceeds of the offering after deducting underwriting discounts and other estimated offering expenses are expected to be approximately $217.0 million. The Corporation intends to use the net proceeds of the offering for general corporate purposes to support its continued growth, including investments in Renasant Bank and future strategic acquisitions.

Renasant Corporation Announces Pricing of $200 Million Offering of Common Stock
globenewswire.com29 July 2024 Sentiment: POSITIVE

TUPELO, Miss., July 29, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Corporation”) today announced the pricing of its public offering of 6,250,000 shares of its common stock (the “common stock”), at a price to the public of $32.00 per share, for an aggregate offering amount of $200.0 million. In addition, the Corporation has granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the public offering price, less underwriting discounts.

Renasant Corporation to Acquire The First Bancshares, Inc.
businesswire.com29 July 2024 Sentiment: POSITIVE

TUPELO, Miss.--(BUSINESS WIRE)--Renasant Corporation (NYSE: RNST) (“Renasant”) and The First Bancshares, Inc. (“The First”) (NYSE: FBMS) jointly announced today that they have entered into a definitive agreement and plan of merger, pursuant to which The First will merge with and into Renasant (the “Merger”) in an all-stock transaction valued at approximately $1.2 billion, based on Renasant's closing stock price as of July 26, 2024. The Merger has been approved unanimously by each company's boar.

Renasant (RNST) Reports Q2 Earnings: What Key Metrics Have to Say
zacks.com23 July 2024 Sentiment: POSITIVE

Although the revenue and EPS for Renasant (RNST) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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What type of business is Renasant?

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. The company operates through Community Banks, Insurance, and Wealth Management segments. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and factoring equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services. The Insurance segment provides insurance agency services, such as commercial and personal insurance products through insurance carriers. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; administrative and compliance services; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.

What sector is Renasant in?

Renasant is in the Financial Services sector

What industry is Renasant in?

Renasant is in the Banks - Regional industry

What country is Renasant from?

Renasant is headquartered in United States

When did Renasant go public?

Renasant initial public offering (IPO) was on 24 April 1992

What is Renasant website?

https://investors.renasant.com

Is Renasant in the S&P 500?

No, Renasant is not included in the S&P 500 index

Is Renasant in the NASDAQ 100?

No, Renasant is not included in the NASDAQ 100 index

Is Renasant in the Dow Jones?

No, Renasant is not included in the Dow Jones index

When was Renasant the previous earnings report?

No data

When does Renasant earnings report?

The next expected earnings date for Renasant is 23 January 2025