Renasant Corporation

Renasant Corporation

RNST·NASDAQ

$37.16

+0.32%
Financial ServicesBanks - Regional

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. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and 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; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. As of December 31, 2021, the company operated a network of 189 banking, lending, and mortgage offices located in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee; 150 full-service branches and 11 limited-service branches; 173 ATMs; and 38 interactive teller machines. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.

At a Glance

Live Snapshot
Market Cap$3.53B
EPS3.2900
P/E Ratio10.86
Earnings Date01/27/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is compressed (P/E 10.9).

Valuation inputs: P/E 10.9, earnings yield +9.2%, momentum +0.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +7.3%, ROIC +5.7%).

Profitability stack: net margin +18.8%, ROE +7.3%, ROIC +5.7%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +85.1%, momentum +0.3%, net margin +18.8%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Renasant Corporation Market vs Earnings Trajectory

RNST · NASDAQ

Loading price and EPS data...

Renasant Corporation

Renasant Corporation Fair Value Envelope

RNST · NASDAQ

Our analysis suggests that RNST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $37.16, this represents a potential HIDDEN relative to our calculated worth for Renasant Corporation.

Intrinsic Value
Current Price: $37.16
3Y+5.0%
5Y+14.0%
10Y+74.0%
3Y+49.0%
5Y+49.0%
10Y+180.0%
3Y+11.0%
5Y+17.0%
10Y+187.0%
3Y-9.0%
5Y-21.0%
10Y-49.0%
3Y-5.0%
5Y-10.0%
10Y-49.0%
3Y+7.0%
5Y+35.0%
10Y+128.0%
Renasant Corporation

Renasant Corporation Profit Bridge

RNST · NASDAQ
Revenue1.04B
Cost of Goods Sold (384.85M)
Gross Profit653.18M
Operating Expenses (408.21M)
Operating Income244.97M
Interest Expense (375.58M)
Other Income/Expense0.00
Pretax Income244.97M
Income Tax (49.51M)
Net Income195.46M
Net Income
195.46M

Profitability Analysis

Gross Margin

62.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

23.6%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

18.8%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

20.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

62.92%
Gross Profit Margin
-7%
3Y-33.0%
5Y-26.0%
10Y-32.0%
23.60%
Operating Profit Margin
21%
3Y-26.0%
5Y-24.0%
10Y-12.0%
18.83%
Net Profit Margin
18%
3Y-26.0%
5Y-22.0%
10Y+3.0%
7.30%
Return on Equity
16%
3Y-8.0%
5Y-7.0%
10Y+11.0%
1.08%
Return on Assets
30%
3Y+4.0%
5Y-13.0%
10Y+26.0%
5.65%
Return on Invested Capital
28%
3Y-7.0%
5Y+7.0%
10Y+42.0%
RNST

Renasant Corporation Cash Conversion Engine

RNST · NASDAQ
Net Income195.46M
Depreciation & Amortization32.28M
Stock-Based Compensation13.88M
Change in Working Capital-22.87M
Others-93.98M
Capital Expenditures-13.64M
Free Cash Flow115.78M

Cash Flow Quality Analysis

FCF Conversion Rate

59.2%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

10.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-8.8%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$22.87M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

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Renasant Corporation Funding & Solvency Profile

RNST · NASDAQ
Cash & Cash Equivalents1.08B
Net Receivables77.48M
Inventory0.00
Other Current Assets0.00
Total Current Assets1 B
Property, Plant & Equipment471.21M
Goodwill & Intangible Assets1.63B
Long-Term Investments22.49B
Other Non-Current Assets959.67M
Total Non-Current Assets24 B
Total Assets
26.73B

Financial Health Analysis

Current Ratio

0.05x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

5.99x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-20859534000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

4% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

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Renasant Corporation Street Expectations Map

RNST · NASDAQ

Wall Street analysts project that RNST stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 41.00, with estimates ranging from a low of 41.00 to a high of 41.00.

Lowest Target
41.00
10.33%
Consensus Target
41.00
10.33%
Highest Target
41.00
10.33%

The consensus 1-year price target stands at 41.00, with estimates ranging from a low of 41.00 to a high of 41.00.

Analyst Consensus Analysis

Upside Potential

+10.3%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Renasant Corporation Insider Positioning

RNST · NASDAQ

During the last 12 months, insiders have purchased $141K worth of RNST shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

2.0K

69.58K

Sold

0

0.00

Net Activity

+70K

+$70K

9-12 Months

Bought

2.0K

71.29K

Sold

0

0.00

Net Activity

+71K

+$71K

Top Buyers

1
LJA

Levy Jonathan A

Director

4.0K shares2 transactions

$141K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $141K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

0.68%
Dividend Yield
-27%
3Y-5.0%
5Y-31.0%
10Y+37.0%
 

rnst Dividend History

RNST
10Y CAGR +3%
Latest $0.23
Annual $1.11
5 year growth trend
Last Period: +5%