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Renasant Corp. - RNST STOCK NEWS

Welcome to our dedicated news page for Renasant (Ticker: RNST), a resource for investors and traders seeking the latest updates and insights on Renasant.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Renasant's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Renasant's position in the market.

News
Renasant Corporation Announces Earnings for the First Quarter of 2024
Rhea-AI Summary
Renasant (RNST) reported solid financial performance in the first quarter of 2024, with net income of $39.4 million and adjusted diluted EPS of $0.65. The company experienced good loan and deposit growth, with net interest income at $125.9 million. Noninterest income increased by $21.0 million, driven by higher mortgage banking income. Despite an increase in noninterest expenses, Renasant remains well-positioned for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
earnings
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News
Renasant Announces Leadership Transition
Rhea-AI Summary
Renasant announces the appointment of Kevin D. Chapman as the new Chief Executive Officer effective May 2025 as part of the Company's management succession plan. Chapman, currently serving as President and Chief Operating Officer, will succeed C. Mitchell Waycaster. Waycaster will transition to the role of Executive Vice Chairman. Chapman brings extensive experience in corporate banking and financial services, having served in various roles since joining the company in 2005.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
management
-
News
Renasant Corporation Declares Quarterly Dividend
Rhea-AI Summary
Renasant (RNST) declares a quarterly cash dividend of $0.22 per share, payable on June 28, 2024, to shareholders of record on June 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
dividends
News
Renasant Announces 2024 First Quarter Webcast and Conference Call Information
Rhea-AI Summary
Renasant (RNST) will release its 2024 first quarter results on April 23, 2024, followed by a webcast and conference call with analysts on April 24, 2024. The webcast can be accessed on Renasant's investor relations website, with telephone access also available. The event will be archived for a year, with a replay option until May 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
none
-
News
Renasant Corporation Declares Quarterly Dividend
Rhea-AI Summary
Renasant Corporation (RNST) announces a quarterly cash dividend of $0.22 per share, payable on March 29, 2024, to shareholders of record as of March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
dividends
-
News
Renasant Corporation Announces Earnings for the Fourth Quarter of 2023
Rhea-AI Summary
Renasant Corporation (RNST) announced earnings results for Q4 2023. Net income was $28.1 million, with diluted EPS of $0.50 and adjusted diluted EPS of $0.76. The company strengthened its balance sheet, but net interest income decreased, and noninterest income fell. The company extinguished $3.3 million of its subordinated debt, resulting in a gain of $0.6 million. Mortgage banking income and noninterest expense both decreased on a linked quarter basis. Loans increased by $183.2 million, representing 6.0% annualized net loan growth. The company recorded a provision for credit losses of $2.5 million for Q4 2023. The ratio of allowance for credit losses on loans to total loans was 1.61% at December 31, 2023. Nonperforming loans to total loans decreased to 0.56% at December 31, 2023. The company has a $100 million stock repurchase program that is in effect through October 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
earnings
News
Renasant Announces 2023 Fourth Quarter Webcast and Conference Call Information
Rhea-AI Summary
Renasant Corporation (RNST) to Announce 2023 Fourth Quarter Results and Hold Executive Management Webcast and Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
none
-
News
Renasant Corporation Declares Quarterly Dividend
Rhea-AI Summary
Renasant Corporation (NYSE: RNST) announces approval of $0.22 quarterly cash dividend, payable on January 1, 2024, to shareholders of record as of December 18, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
dividends
-
News
Renasant Corporation Announces Earnings for the Third Quarter of 2023
Rhea-AI Summary
Renasant Corporation reports solid third-quarter earnings results with positive loan growth and expense control. Net income for the quarter was $42.3 million with diluted EPS of $0.75. Net interest income decreased $2.3 million on a linked quarter basis, while noninterest income increased $21.0 million. Loans increased $237.5 million on a linked quarter basis, representing 7.9% annualized net loan growth. Book value per share and tangible book value per share increased on a linked quarter basis. The Company has a $100 million stock repurchase program in effect through October 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
earnings
News
Renasant Announces 2023 Third Quarter Webcast and Conference Call Information
Rhea-AI Summary
Renasant Corporation to announce 2023 Q3 results on October 24, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
none
Stock RNST logo
Renasant Corp.

NYSE:RNST

RNST Rankings

#2010 Ranked by Market Cap
#4365 Ranked by Stock Gains
#1138 Ranked by Dividends

RNST Stock Data

1.62B
54.39M
2.28%
78.32%
1.05%
Commercial Banking
Finance and Insurance
Link
US
Tupelo

About RNST

with perseverance as its watchword, renasant corporation, which stands for constant renaissance, has a rich history of achievement in its journey to becoming one of the south’s most successful companies. a collection of community banks that values its relationships with employees and clients above all else, renasant has found its strength in being a company dedicated to solid leadership, innovation, and community partnership. from its humble beginnings on february 27, 1904 as a makeshift $100,000 bank started in an old lee county, mississippi bakery to its current multi-state 120+ banking, lending, insurance, wealth management and financial services offices, renasant has evolved into a client focused corporation that is stronger than ever.