Welcome to our dedicated page for Renasant Corporation news (Ticker: RNST), a resource for investors and traders seeking the latest updates and insights on Renasant Corporation stock.
Renasant Corporation (symbol: RNST) is a multifaceted financial services entity with a longstanding history of success in the southern United States. Established on February 27, 1904, in a modest bakery in Lee County, Mississippi, Renasant has grown into a robust holding company overseeing Renasant Bank and Renasant Insurance, Inc.
Renasant Bank offers a diverse range of financial services through its three main segments: community banks, insurance, and wealth management. The community banks segment focuses on providing essential banking services to individuals and small businesses, including lending activities that drive the majority of the company's revenue. The insurance segment operates as an agency offering both commercial and personal insurance products through third-party carriers. Lastly, the wealth management segment delivers comprehensive services such as money management and retirement planning.
Renasant Corporation prides itself on strong leadership, innovation, and deep community partnerships. This dedication has allowed it to expand to over 120 offices providing banking, lending, insurance, and wealth management services across multiple states. The company's commitment to client relationships is evident in its strategic growth and solid financial condition.
Recent performance metrics indicate robust financial health, driven by key areas such as net interest income, mortgage banking income, and a balanced loan portfolio. Renasant continues to navigate the financial landscape with a focus on sustainable growth and community engagement.
Latest News Highlights:
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- Capital and Balance Sheet Ratios
- Noninterest Income and Noninterest Expense
- Mortgage Banking Income
- Balance Sheet
- Net Interest Income and Net Interest Margin
Note: U.S. Government and some U.S. Government Agency securities are tax-exempt in the states where the company operates. Interest-bearing demand deposits include interest-bearing transactional accounts and money market deposits.
The board of directors of Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, scheduled for payment on June 30, 2023. Shareholders on record as of June 16, 2023 will receive the dividend. With approximately $17.5 billion in assets, Renasant operates 196 offices across the Southeast, offering a range of financial services including banking, lending, and insurance. This dividend payment reflects the company's commitment to returning value to its investors while maintaining a robust financial position.
Renasant Corporation (RNST) announced the election of Rose Flenorl to its Board of Directors on April 25, 2023. Flenorl, who currently manages Global Citizenship initiatives at FedEx, brings over 30 years of experience in marketing and corporate social responsibility. Known for her leadership in Diversity, Equity, and Inclusion, she has successfully executed significant initiatives, including a $5 million commitment to HBCUs and the launch of an E-Commerce Learning Lab for women and minority entrepreneurs. Renasant's Executive Chairman, E. Robinson McGraw, expressed enthusiasm for Flenorl's contributions to the board, emphasizing her potential to add value. Renasant Corporation, a financial services institution with $17.5 billion in assets, operates 196 offices across the Southeast.
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