STOCK TITAN

Renasant Corporation - $RNST STOCK NEWS

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.

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 Corporation'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 Corporation's position in the market.

Rhea-AI Summary
Renasant Corporation is transferring the listing of its common stock from NASDAQ to the New York Stock Exchange (NYSE) on October 9, 2023. The move is expected to provide greater visibility for the company and shareholders. Renasant will ring The Closing Bell® at the NYSE to celebrate the transfer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
none
-
Rhea-AI Summary
KBRA affirms ratings for Renasant Corporation and Renasant Bank
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
none
-
Rhea-AI Summary
Renasant Corporation's board of directors has approved a quarterly cash dividend of $0.22 per share. The dividend will be paid on September 29, 2023, to shareholders of record as of September 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
none
-
Rhea-AI Summary
Renasant Corporation (NASDAQ: RNST) reported net income of $28.6 million and diluted EPS of $0.51 for Q2 2023. Net interest income was $133.1 million, down $5.4 million from the previous quarter. Noninterest income decreased by $20.1 million primarily due to losses on securities sales. Loans increased by $164.1 million, while the securities portfolio decreased by $584.2 million. Deposits increased by $183.3 million, driven by an increase in brokered deposits. Book value per share increased by 0.9% on a linked quarter basis. The Company recorded a provision for credit losses on loans of $3.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.26%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Rhea-AI Summary
Renasant Corporation announces the election of Kevin D. Chapman as President of the Company and Renasant Bank. C. Mitchell Waycaster is elected Executive Vice Chairman. Chapman will retain his role as Chief Operating Officer. Chapman has been with the Company since 2005 and has served in various capacities. He will be responsible for corporate strategy and day-to-day operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
dividends
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
Renasant Corporation

Nasdaq:RNST

RNST Rankings

RNST Stock Data

1.71B
54.39M
2.28%
78.32%
1.05%
Commercial Banking
Finance and Insurance
Link
United States of America
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.