Financial Services -
Banks - Regional - NASDAQ - US
$ 28.67
-2.35 %
$ 2.72 B
Market Cap
8.77
P/E
1. INTRINSIC VALUE
Balance Sheet
Renasant Corporation
| Current Assets | 1.03 B |
| Cash & Short-Term Investments | 1.03 B |
| Receivables | 87.2 M |
| Other Current Assets | -87.2 M |
| Non-Current Assets | 1.28 B |
| Long-Term Investments | 0 |
| PP&E | 280 M |
| Other Non-Current Assets | 1 B |
| Current Liabilities | 108 M |
| Accounts Payable | 0 |
| Short-Term Debt | 108 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 15.2 B |
| Long-Term Debt | 431 M |
| Other Non-Current Liabilities | 14.8 B |
EFFICIENCY
Earnings Waterfall
Renasant Corporation
| Revenue | 888 M |
| Cost Of Revenue | 0 |
| Gross Profit | 888 M |
| Operating Expenses | 662 M |
| Operating Income | -653 M |
| Other Expenses | -848 M |
| Net Income | 195 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Renasant Corporation
| Net Income | 195 M |
| Depreciation & Amortization | 32.3 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 13.9 M |
| Change in Working Capital | -22.9 M |
| Others | -117 M |
| Free Cash Flow | 129 M |
Wall Street Analysts Price Targets
Renasant Corporation
Wall Street analysts predict an average 1-year price target for RNST of $38 , with forecasts ranging from
a
low of
$32 to a high of $41 .
RNST Lowest Price Target
Wall Street Target
32 USD
11.61%
RNST Average Price Target
Wall Street Target
38 USD
32.54%
RNST Highest Price Target
Wall Street Target
41 USD
43.01%
4. DIVIDEND
ANALYSIS
0.63%
DIVIDEND YIELD
0.22 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Renasant Corporation
Sold
0-3 MONTHS
48.1 K USD 1
3-6 MONTHS
114 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Renasant Corporation Completes Merger with The First Bancshares, Inc.
TUPELO, Miss., April 01, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (“Renasant” or “the Company”) announced today that it has completed its merger with The First Bancshares, Inc., the parent company of The First Bank (“The First”), effective April 1, 2025.
globenewswire.com
- 2 weeks ago
Renasant and The First Announce Receipt of Regulatory Approvals for Merger
TUPELO, Miss. & HATTIESBURG, Miss.--(BUSINESS WIRE)--Renasant Corporation (NYSE: RNST) (“Renasant”) and The First Bancshares, Inc. (NYSE: FBMS) (“The First”) jointly announced today that they have received all necessary regulatory approvals to complete the proposed merger of The First with and into Renasant, and the related merger of The First's wholly owned subsidiary, The First Bank, with and into Renasant Bank, Renasant's wholly owned subsidiary. Renasant and The First previously announced t.
businesswire.com
- 1 month ago
Renasant and The First Announce Receipt of Regulatory Approvals for Merger
TUPELO, Miss. and HATTIESBURG, Miss., March 17, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (“Renasant”) and The First Bancshares, Inc. (NYSE: FBMS) (“The First”) jointly announced today that they have received all necessary regulatory approvals to complete the proposed merger of The First with and into Renasant, and the related merger of The First's wholly owned subsidiary, The First Bank, with and into Renasant Bank, Renasant's wholly owned subsidiary. Renasant and The First previously announced that their respective shareholders approved the proposed merger at special shareholder meetings on October 22, 2024.
globenewswire.com
- 1 month ago
Renasant Bank Deepens NCR Atleos Collaboration to Strengthen Self-Service Banking and Support Growth
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $17.5 billion-asset Renasant Bank has expanded its relationship with Atleos. By deploying Atleos' Activate Enterprise, the bank enhanced its ITM and ATM program with modern software to better serve customers and support ongoing growth. Renasant Bank operates 185 banking centers across Mississippi,.
businesswire.com
- 1 month ago
Renasant Corporation Declares Quarterly Dividend
TUPELO, Miss., Feb. 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE: RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid March 31, 2025, to shareholders of record as of March 17, 2025.
globenewswire.com
- 1 month ago
What Makes Renasant (RNST) a Strong Momentum Stock: Buy Now?
Does Renasant (RNST) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 2 months ago
Renasant (RNST) Upgraded to Buy: What Does It Mean for the Stock?
Renasant (RNST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
zacks.com
- 2 months ago
These Analysts Boost Their Forecasts On Renasant Following Better-Than-Expected Q4 Earnings
Renasant Corporation RNST reported better-than-expected earnings for its fourth quarter, after the closing bell on Tuesday.
benzinga.com
- 2 months ago
Renasant Corporation (RNST) Q4 2024 Earnings Call Transcript
Renasant Corporation (NYSE:RNST ) Q4 2024 Earnings Conference Call January 29, 2025 10:00 AM ET Company Participants Kelly Hutcheson - Chief Accounting Officer Mitch Waycaster - Executive Vice Chairman and Chief Executive Officer Kevin Chapman - President and Chief Operating Office Jim Mabry - Chief Financial Officer and Senior Executive Vice President David Meredith - Chief Credit Officer and Senior Executive Vice President Conference Call Participants Joe Yanchunis - Raymond James Stephen Scouten - Piper Sandler Will Jones - KBW Matt Olney - Stephens David Bishop - Hovde Group Operator Good morning, and welcome to the Renasant Corporation 2024 Fourth Quarter and Year-End Earnings Conference Call and Webcast. All participants will be in a listen-only mode.
seekingalpha.com
- 2 months ago
Renasant (RNST) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Renasant (RNST) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 2 months ago
Renasant (RNST) Q4 Earnings and Revenues Beat Estimates
Renasant (RNST) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.76 per share a year ago.
zacks.com
- 2 months ago
Renasant Corporation Announces Earnings For the Fourth Quarter of 2024
TUPELO, Miss., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) today announced earnings results for the fourth quarter of 2024.
globenewswire.com
- 2 months ago
8. Profile
Summary
Renasant Corporation RNST
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 2.72 B
Dividend Yield
0.63%
Description
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 estate1-4 family mortgage; real estatecommercial mortgage; real estateconstruction 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.
Contact
209 Troy Street, Tupelo, MS, 38804-4827
https://investors.renasant.com
IPO
Date
April 24, 1992
Employees
2200
Officers
Ms. Kelly W. Hutcheson CPA
Executive Vice President & Chief Accounting Officer
Mr. Kevin D. Chapman
President & Chief Operating Officer
Mr. James W. Gray
Executive Vice President
Mr. Stuart R. Johnson
Executive Vice President
Mr. C. Mitchell Waycaster
Chief Executive Officer & Executive Vice Chairman
Mr. Edward Robinson McGraw
Executive Chairman of the Board
Mr. Curtis J. Perry
Executive Vice President
Mr. James C. Mabry IV
Executive Vice President & Chief Financial Officer
Mr. Mark W. Jeanfreau
Executive Vice President, General Counsel & Secretary
Mr. John Sterling Oxford
Senior Vice President & Chief Marketing Officer