Welcome to our dedicated page for Renasant news (Ticker: RNST), a resource for investors and traders seeking the latest updates and insights on Renasant stock.
Renasant Corporation (RNST) delivers community-focused financial services through banking, insurance, and wealth management solutions. This news hub provides investors and stakeholders with official updates and strategic developments from the 120-year-old regional institution.
Track earnings announcements, leadership changes, and operational milestones alongside insights into RNST's community partnerships. Our curated collection ensures timely access to press releases and verified news affecting the company's regional market position.
Discover updates across key business areas including small business lending programs, insurance product expansions, and wealth management innovations. All content undergoes strict verification to maintain compliance with financial reporting standards.
Bookmark this page for streamlined access to RNST's evolving story. Combine historical perspective with current developments to better understand this Mississippi-born institution's growth strategy in Southern financial markets.
Renasant (NYSE: RNST) has announced its board of directors has approved a quarterly cash dividend of $0.22 per share. The dividend will be paid on June 30, 2025, to shareholders who are on record as of June 16, 2025.
Renasant (RNST) reported Q1 2025 earnings with net income of $41.5 million and diluted EPS of $0.65. The company completed its merger with The First Bancshares on April 1, 2025, adding approximately $8.0 billion in assets and 116 locations across five states.
Key financial metrics include:
- Net interest income of $137.4 million, up $1.9 million from previous quarter
- Net interest margin increased to 3.45%, up 9 basis points
- Loans increased $170.6 million (5.4% annualized growth)
- Deposits grew by $199.5 million
- Nonperforming loans decreased to 0.76% of total loans
The company maintains a $100 million stock repurchase program through October 2025, though no buybacks occurred in Q1. Book value per share increased 1.6% while tangible book value per share rose 2.7% quarter-over-quarter.
Renasant (NYSE: RNST) has scheduled its 2025 first quarter earnings announcement and investor communication events. The company will release Q1 2025 results after NYSE closing on Tuesday, April 22, 2025.
A webcast and conference call with executive management and analysts will follow on Wednesday, April 23, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time). Investors can access the webcast through Renasant's investor relations website or via direct link.
- US participants can dial: 1-877-513-1143
- International participants can dial: 1-412-902-4145
The webcast will be archived for one year, and a replay will be available until May 7, 2025, via telephone using conference number 6525571 (US: 1-877-344-7529, International: 1-412-317-0088).
Renasant (NYSE: RNST) has successfully completed its merger with The First Bancshares, Inc., the parent company of The First Bank, effective April 1, 2025. The full conversion and integration of The First's operations into Renasant's systems is scheduled for completion in early August 2025.
During the transition period, The First's customers should maintain their regular banking activities, including continued use of existing branches, debit cards, checks, credit cards, ATMs, and loan payment services. Customers can access transition-related FAQs on www.renasantbank.com/welcome.
Renasant (NYSE: RNST) and The First Bancshares have received all necessary regulatory approvals for their proposed merger, following shareholder approvals obtained on October 22, 2024. The merger is expected to close on April 1, 2025, subject to customary closing conditions.
The strategic combination will create a significant financial services institution with $26 billion in assets and over 250 locations across the Southeast. The merged entity will offer factoring and asset-based lending services nationwide. The merger represents a partnership between two organizations sharing similar values and commitment to customer and community service.
Renasant (NYSE: RNST) and The First Bancshares (NYSE: FBMS) have received all necessary regulatory approvals for their proposed merger, following shareholder approvals obtained on October 22, 2024. The merger is expected to close on April 1, 2025, subject to customary closing conditions.
The strategic combination will create a significant financial services institution with $26 billion in assets and over 250 locations across the Southeast. The merged entity will offer factoring and asset-based lending services nationwide. Both CEOs, Mitch Waycaster of Renasant and Hoppy Cole of The First, expressed confidence in the transformative partnership's potential to create new opportunities through their shared values and commitment to customer service.
Renasant (NYSE: RNST) has announced its board of directors has approved a quarterly cash dividend of $0.22 per share. The dividend will be paid on March 31, 2025, to shareholders who are on record as of March 17, 2025.
Renasant (RNST) reported Q4 2024 earnings with net income of $44.7 million and diluted EPS of $0.70. The company achieved quarterly loan growth of $257.4 million (8.1% annualized) and maintained a stable net interest margin of 3.36%.
Key financial metrics include:
- Net interest income (fully tax equivalent) increased by $1.9 million to $135.5 million
- Cost of total deposits decreased 16 basis points to 2.35%
- Noninterest income decreased $55.1 million primarily due to a $53.3 million pre-tax gain on insurance agency sale in Q3
- Credit quality remained solid with allowance for credit losses at 1.57% of total loans
The company maintains a $100 million stock repurchase program through October 2025, with no buyback activity during Q4 2024.
Renasant (NYSE: RNST) has scheduled its 2024 fourth quarter earnings announcement and conference call. The company will release results after NYSE closing on Tuesday, January 28, 2025, followed by a webcast and conference call with executive management and analysts on Wednesday, January 29, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time).
Investors can access the webcast through Renasant's investor relations website or via direct link. For telephone participation, U.S. participants should dial 1-877-513-1143, while international participants can dial 1-412-902-4145. The webcast will be archived for one year, and a replay will be available until February 12, 2025, accessible by dialing 1-877-344-7529 (US) or 1-412-317-0088 (International) with conference number 8623913.
Renasant (NYSE: RNST) has announced its board of directors has approved a quarterly cash dividend of $0.22 per share. The dividend will be paid on January 1, 2025, to shareholders who are on record as of December 18, 2024.
