Renasant Corporation Completes Merger with The First Bancshares, Inc.
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) ha completato con successo la fusione con The First Bancshares, Inc., la società madre di The First Bank, a partire dal 1 aprile 2025. La completa conversione e integrazione delle operazioni di The First nei sistemi di Renasant è prevista per essere completata all'inizio di agosto 2025.
Durante il periodo di transizione, i clienti di The First dovrebbero continuare le loro normali attività bancarie, inclusi l'uso delle filiali esistenti, delle carte di debito, degli assegni, delle carte di credito, dei bancomat e dei servizi di pagamento dei prestiti. I clienti possono accedere alle FAQ relative alla transizione su www.renasantbank.com/welcome.
Renasant (NYSE: RNST) ha completado con éxito su fusión con The First Bancshares, Inc., la empresa matriz de The First Bank, a partir del 1 de abril de 2025. La conversión e integración total de las operaciones de The First en los sistemas de Renasant está programada para completarse a principios de agosto de 2025.
Durante el período de transición, los clientes de The First deben mantener sus actividades bancarias habituales, incluyendo el uso continuo de las sucursales existentes, tarjetas de débito, cheques, tarjetas de crédito, cajeros automáticos y servicios de pago de préstamos. Los clientes pueden acceder a las preguntas frecuentes relacionadas con la transición en www.renasantbank.com/welcome.
레나산 (NYSE: RNST)는 The First Bancshares, Inc.와의 합병을 2025년 4월 1일자로 성공적으로 완료했습니다. The First의 운영을 레나산의 시스템에 완전히 전환하고 통합하는 작업은 2025년 8월 초에 완료될 예정입니다.
전환 기간 동안 The First의 고객은 기존 지점, 직불 카드, 수표, 신용 카드, ATM 및 대출 상환 서비스의 지속적인 사용을 포함하여 정기적인 은행 업무를 유지해야 합니다. 고객은 www.renasantbank.com/welcome에서 전환 관련 FAQ에 접근할 수 있습니다.
Renasant (NYSE: RNST) a réussi à finaliser sa fusion avec The First Bancshares, Inc., la société mère de The First Bank, à compter du 1er avril 2025. La conversion et l'intégration complètes des opérations de The First dans les systèmes de Renasant sont prévues pour début août 2025.
Pendant la période de transition, les clients de The First doivent continuer leurs activités bancaires habituelles, y compris l'utilisation des agences existantes, des cartes de débit, des chèques, des cartes de crédit, des distributeurs automatiques et des services de paiement de prêts. Les clients peuvent accéder aux FAQ liées à la transition sur www.renasantbank.com/welcome.
Renasant (NYSE: RNST) hat erfolgreich die Fusion mit The First Bancshares, Inc., der Muttergesellschaft der The First Bank, zum 1. April 2025 abgeschlossen. Die vollständige Umstellung und Integration der Betriebe von The First in die Systeme von Renasant ist für Anfang August 2025 geplant.
Während der Übergangszeit sollten die Kunden von The First ihre regulären Bankgeschäfte fortsetzen, einschließlich der fortgesetzten Nutzung der bestehenden Filialen, Debitkarten, Schecks, Kreditkarten, Geldautomaten und Darlehenszahlungsdienste. Kunden können auf die häufig gestellten Fragen zur Transition unter www.renasantbank.com/welcome zugreifen.
- Strategic merger completion with The First Bancshares expands market presence
- Operational continuity maintained during transition period
- 4-month integration period may create operational challenges
- Potential temporary service disruptions during system conversion
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.
Although the merger has been completed, full conversion and integration of The First’s operations into Renasant’s is expected to be completed in early August 2025. Until the conversion is completed, The First’s customers should continue to conduct their banking business as usual, including using existing branches, debit cards, checks, credit cards and ATMs, and making loan payments. The Company has posted Frequently Asked Questions that customers of The First may reference to obtain useful information about the transition, which can be found at www.renasantbank.com/welcome.
ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 121-year-old financial services institution. Renasant has assets of approximately
NOTE TO INVESTORS:
Forward-looking statements:
This press release may contain, or incorporate by reference, statements about Renasant Corporation that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words and phrases such as “may,” “approximately,” “continue,” “should,” “expects,” “projects,” “anticipates,” “is likely,” “look ahead,” “look forward,” “believes,” “will,” “intends,” “estimates,” “strategy,” “plan,” “could,” “potential,” “possible” and variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements include information about Renasant’s future financial performance, business strategy, and projected plans and objectives, including related to the merger transaction involving Renasant and The First, and are based on the current beliefs and expectations of management. Renasant’s management believes these forward-looking statements are reasonable, but they are all inherently subject to significant business, economic and competitive risks and uncertainties, many of which are beyond Renasant’s control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Prospective investors are cautioned that any forward-looking statements are not guarantees of future performance and involve risks and uncertainties and, accordingly, investors should not place undue reliance on these forward-looking statements, which speak only as of the date they are made.
| Contacts: | For Media: John S. Oxford Senior Vice President Chief Marketing Officer (662) 680-1219 joxford@renasant.com | For Financials: James C. Mabry IV Executive Vice President Chief Financial Officer (662) 680-1281 jim.mabry@renasant.com | ||
FAQ
When did Renasant (RNST) complete its merger with The First Bancshares?
When will The First Bank's operations be fully integrated into Renasant (RNST)?
Can The First Bank customers continue using their existing banking services during the RNST merger transition?
Where can The First Bank customers find information about the Renasant (RNST) merger transition?
