Financial Services -
Banks - Regional - NASDAQ - US
$ 34.49
-0.145 %
$ 3.28 B
Market Cap
10.71
P/E
1. INTRINSIC VALUE
Balance Sheet
Renasant Corporation
| Current Assets | 2.01 B |
| Cash & Short-Term Investments | 1.92 B |
| Receivables | 87.2 M |
| Other Current Assets | 0 |
| Non-Current Assets | 16 B |
| Long-Term Investments | 14 B |
| PP&E | 280 M |
| Other Non-Current Assets | 1.78 B |
| Current Liabilities | 14.7 B |
| Accounts Payable | 0 |
| Short-Term Debt | 108 M |
| Other Current Liabilities | 14.6 B |
| Non-Current Liabilities | 676 M |
| Long-Term Debt | 431 M |
| Other Non-Current Liabilities | 245 M |
EFFICIENCY
Earnings Waterfall
Renasant Corporation
| Revenue | 1.04 B |
| Cost Of Revenue | 385 M |
| Gross Profit | 653 M |
| Operating Expenses | 408 M |
| Operating Income | 245 M |
| Other Expenses | 49.5 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 | -13.6 M |
| Stock-Based Compensation | 13.9 M |
| Change in Working Capital | -22.9 M |
| Others | -117 M |
| Free Cash Flow | 116 M |
Wall Street Analysts Price Targets
Renasant Corporation
Wall Street analysts predict an average 1-year price target for RNST of $38.3 , with forecasts ranging from
a
low of
$32 to a high of $41 .
RNST Lowest Price Target
Wall Street Target
32 USD
-7.22%
RNST Average Price Target
Wall Street Target
38.3 USD
11.14%
RNST Highest Price Target
Wall Street Target
41 USD
18.88%
4. DIVIDEND
ANALYSIS
0.66%
DIVIDEND YIELD
0.22 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Renasant Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
48.1 K USD 1
6-9 MONTHS
114 K USD 1
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
Chapman Becomes Chief Executive Officer of Renasant
TUPELO, Miss., May 01, 2025 (GLOBE NEWSWIRE) -- Today, Renasant Corporation (the “Company”) announced that Kevin D. Chapman has officially assumed the role of Chief Executive Officer and President of both the Company and Renasant Bank (the “Bank”). C. Mitchell Waycaster, immediate past Renasant CEO, will continue as Executive Vice Chairman for both the Company and the Bank. As Executive Vice Chairman, Waycaster will continue to be involved in strategic planning, investor relations, mergers and acquisitions, and providing guidance and board level oversight for the Company.
globenewswire.com
- 2 months ago
Renasant Corporation Declares Quarterly Dividend
TUPELO, Miss., April 24, 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 June 30, 2025, to shareholders of record as of June 16, 2025.
globenewswire.com
- 2 months ago
Renasant Corporation (RNST) Q1 2025 Earnings Call Transcript
Renasant Corporation. (NYSE:RNST ) Q1 2025 Earnings Conference Call April 23, 2025 10:00 AM ET Company Participants Kelly Hutcheson - Chief Accounting Officer Mitchell Waycaster - Executive Vice Chairman and Chief Executive Officer Kevin Chapman - President and Chief Operating Office James Mabry - Chief Financial Officer and Senior Executive Vice President David Meredith - Chief Credit Officer and Senior Executive Vice President Conference Call Participants Stephen Scouten - Piper Sandler Michael Rose - Raymond James David Bishop - Hovde Group Matt Olney - Stephens Operator Good day, and welcome to the Renasant Corporation 2025 First Quarter Earnings Conference Call and Webcast.
seekingalpha.com
- 2 months ago
Compared to Estimates, Renasant (RNST) Q1 Earnings: A Look at Key Metrics
The headline numbers for Renasant (RNST) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 2 months ago
Renasant (RNST) Surpasses Q1 Earnings and Revenue Estimates
Renasant (RNST) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.65 per share a year ago.
zacks.com
- 2 months ago
Renasant Corporation Announces Earnings for the First Quarter of 2025
TUPELO, Miss., April 22, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) today announced earnings results for the first quarter of 2025.
globenewswire.com
- 2 months ago
Analysts Estimate Renasant (RNST) to Report a Decline in Earnings: What to Look Out for
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.
zacks.com
- 2 months ago
Renasant (RNST) Soars 7.9%: Is Further Upside Left in the Stock?
Renasant (RNST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
zacks.com
- 2 months ago
Renasant Announces 2025 First Quarter Webcast and Conference Call Information
TUPELO, Miss., April 08, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2025 first quarter results following the NYSE's closing on Tuesday, April 22, 2025. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, April 23, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time).
globenewswire.com
- 2 months ago
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
- 3 months 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
- 3 months 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
- 3 months ago
8. Profile
Summary
Renasant Corporation RNST
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 3.28 B
Dividend Yield
0.66%
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
Mr. Kevin D. Chapman
President, Chief Executive Officer & Director
Ms. Kelly W. Hutcheson CPA
Executive Vice President & Chief Accounting Officer
Mr. C. Mitchell Waycaster
Executive Vice Chairman
Mr. Mark W. Jeanfreau
Executive Vice President, General Counsel & Secretary
Mr. John Sterling Oxford
Senior Vice President & Chief Marketing Officer
Mr. James W. Gray
Executive Vice President
Mr. J. Scott Cochran
Executive Vice President & Chief Core Banking Officer
Mr. Stuart R. Johnson
Executive Vice President
Mr. Curtis J. Perry
Executive Vice President
Mr. James C. Mabry IV
Executive Vice President & Chief Financial Officer