Renasant Corp
NYSE:RNST

  • LAST PRICE
    30.9700
  • TODAY'S CHANGE (%)
    0.2900 (0.9452%)
  • Bid / Lots
    30.6500/ 1
  • Ask / Lots
    31.3400/ 1
  • Open / Previous Close
    31.1200 / 30.6800
  • Day Range
    30.6700
    31.1500
  • 52 Week Range
    22.9900
    34.8500
  • Volume
    111,568

Search Criteria

Click on magnifying glass icon to search

CompanyCountrySymbol

TD Direct Investing offers more research reports than any other discount brokerage in Canada. Provided from the industry's most trusted sources, our service includes timely, relevant information for the current trading day and comprehensive industry, sector, and insider trading reports for further analysis.

Open a New Account, or Login if you're a client.

  • Apr 23, 2024

      Show headlines and story abstract

    • 5:25PM ET on Tuesday Apr 23, 2024 by MT Newswires
      Companies Mentioned: RNST
      05:25 PM EDT, 04/23/2024 (MT Newswires) -- Renasant (RNST) reported Q1 adjusted earnings Tuesday of $0.65 per diluted share, down from $0.82 a year earlier. Analysts polled by Capital IQ expected $0.63. Revenue for the quarter ended March 31, expres...

    • 4:32PM ET on Tuesday Apr 23, 2024 by MT Newswires
      Companies Mentioned: RNST
      04:32 PM EDT, 04/23/2024 (MT Newswires) -- ...

    • 4:30PM ET on Tuesday Apr 23, 2024 by Dow Jones
      Companies Mentioned: RNST
      (non-GAAP) 0.86 0.99 0.96 1.08 1.09 Return on average tangible assets (non-GAAP) 1.00 0.71 1.05 0.73 1.19 Pre-provision net revenue to average assets (non-GAAP) 1.21 0.79 1.32 0.86 1.51 Adjusted pre-provision net revenue to average assets (non-GAAP) 1.13 1.21 1.32 1.38 1.51 Adjusted return on average tangible assets (non-GAAP) 0.93 1.08 1.05 1.18 1.19 Return on average equity (GAAP) 6.85 4.93 7.44 5.18 8.55 Adjusted return on average equity (non-GAAP) 6.36 7.53 7.44 8.45 8.55 Return on average tangible equity (non-GAAP) 12.45 9.26 13.95 9.91 16.29 Adjusted return on average tangible equity (non-GAAP) 11.58 13.94 13.95 15.94 16.29 Adjusted Diluted Earnings Per Share Average diluted shares outstanding 56,531,078 56,611,217 56,523,887 56,395,653 56,270,219 Diluted earnings per share (GAAP) $ 0.70 $ 0.50 $ 0.74 $ 0.51 $ 0.82 Adjusted diluted earnings per share (non-GAAP) $ 0.65 $ 0.76 $ 0.74 $ 0.83 $ 0.82 Tangible Book Value Per Share Shares outstanding 56,304,860 56,142,207 56,140,713 56,132,478 56,073,658 Book value per share (GAAP) $ 41.25 $ 40.92 $ 39.78 $ 39.35 $ 39.01 Tangible book value per share (non-GAAP) $ 23.32 $ 22.92 $ 21.76 $ 21.30 $ 20.92 Tangible Common Equity Ratio Shareholders' equity to assets (GAAP) 13.39% 13.23% 13.00% 12.82% 12.52% Tangible common equity ratio (non-GAAP) 8.04% 7.87% 7.55% 7.37% 7.13% Adjusted Efficiency Ratio Net interest income (FTE) (GAAP) $ 125,850 $ 128,595 $ 130,131 $ 133,085 $ 138,529 Total noninterest income (GAAP) $ 41,381 $ 20,356 $ 38,200 $ 17,226 $ 37,293 Gain on sales of MSR 3,472 547 -- -- -- Gain on extinguishment of debt 56 620 -- -- -- Losses on sales of securities (including impairments) -- (19,352) -- (22,438) -- ---------- ---------- ---------- ---------- ---------- Total adjusted noninterest income (non-GAAP) $ 37,853 $ 38,541 $ 38,200 $ 39,664 $ 37,293 Noninterest expense (GAAP) $ 112,912 $ 111,880 $ 108,369 $ 110,165 $ 109,208 Amortization of intangibles 1,212 1,274 1,311 1,369 1,426 Total adjusted noninterest expense (non-GAAP) $ 111,700 $ 110,606 $ 107,058 $ 108,796 $ 107,782 ========== ========== ========== ========== ========== Efficiency ratio (GAAP) 67.52% 75.11% 64.38% 73.29% 62.11% Adjusted efficiency ratio (non-GAAP) 68.23% 66.18% 63.60% 62.98% 61.30% Adjusted Net Interest Income and Adjusted Net Interest Margin Net interest income (FTE) (GAAP) $ 125,850 $ 128,595 $ 130,131 $ 133,085 $ 138,529 Net interest income collected on problem loans 123 283 (820) 364 392 Accretion recognized on purchased loans 800 1,117 1,290 874 885 ---------- ---------- ---------- ---------- ---------- Adjustments to net interest income $ 923 $ 1,400 $ 470 $ 1,238 $ 1,277 ---------- ---------- ---------- ---------- ---------- Adjusted net interest income (FTE) (non-GAAP) $ 124,927 $ 127,195 $ 129,661 $ 131,847 $ 137,252 Net interest margin (GAAP) 3.30% 3.33% 3.36% 3.45% 3.66% Adjusted net interest margin (non-GAAP) 3.28% 3.29% 3.35% 3.43% 3.63% Adjusted Loan Yield Loan interest income (FTE) (GAAP) $ 194,640 $ 190,857 $ 183,521 $ 175,549 $ 163,970 Net interest income collected on problem loans 123 283 (820) 364 392 Accretion recognized on purchased loans 800 1,117 1,290 874 885 ---------- ---------- ---------- ---------- ---------- Adjusted loan interest income (FTE) (non-GAAP) $ 193,717 $ 189,457 $ 183,051 $ 174,311 $ 162,693 Loan yield (GAAP) 6.30% 6.18% 6.06% 5.93% 5.68% Adjusted loan yield (non-GAAP) 6.27% 6.14% 6.04% 5.89% 5.64%

    • 4:30PM ET on Tuesday Apr 23, 2024 by Dow Jones
      Companies Mentioned: RNST

    • 2:59PM ET on Tuesday Apr 23, 2024 by Dow Jones
      Companies Mentioned: RNST

      By Ben Glickman

      Renasant on Tuesday tapped operating chief Kevin Chapman as its next chief executive officer, effective next year.

      The Tupelo, Miss.-based regional bank said current CEO Mitchell Waycaster would work with Chapman over the next year and in May 2025 step down from the position while maintaining his role as executive vice chairman.

Peers Headlines