Renasant Stock Price, News & Analysis

Renasant Corporation (NASDAQ: RNST) will announce its 2021 third quarter results on October 28, 2021, after NASDAQ's closing. A quarterly webcast and conference call for analysts is scheduled for October 29, 2021, at 10:00 AM ET. Investors can access the webcast via Renasant's investor relations website or through a dedicated telephone line. Renasant Corporation, founded 117 years ago, has approximately $16 billion in assets and operates 199 offices across several states, including Mississippi, Tennessee, and Alabama.

The board of directors of Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, scheduled for payment on September 30, 2021. Shareholders of record by September 16, 2021 will be eligible to receive this dividend. Renasant Corporation, the parent of Renasant Bank, has approximately $16 billion in assets and operates a network of 199 banking and financial service locations across seven states.

Renasant Corporation (NASDAQ: RNST) reported a strong second quarter of 2021, with a net income of $40.9 million, up from $20.1 million in Q2 2020. Basic and diluted EPS increased to $0.73 and $0.72 respectively, compared to $0.36 the prior year. For the first half of 2021, net income reached $98.8 million, and EPS was $1.75. Total assets grew to $16.02 billion, with loans held for investment at $10.15 billion. The Company maintained stable credit metrics and increased both core deposits and net loans, indicating positive operational performance amidst ongoing challenges.

Renasant Corporation (NASDAQ: RNST) will announce its 2021 second quarter results on July 27, 2021, after NASDAQ closes. A live webcast and conference call will take place on July 28, 2021, at 10:00 AM ET. Investors can access the call via the company's investor relations website or by dialing 1-877-513-1143. Renasant Corporation, a 117-year-old financial institution, has assets of approximately $15.6 billion and operates 200 offices across multiple states. The call will be archived and available for replay for a year.

Renasant has successfully restructured its subsidiary, Park Place Capital Corporation, enhancing its investment management services. Park Place Capital, which previously operated as Nashville Capital Corp., now features three divisions: Park Place Capital Management for institutional clients, Park Place Funds for mutual fund management, and Park Place Advisors for individual investors. The restructuring includes improved compliance, technology, and a focus on scalable growth. Matthew Foster leads the division, ensuring a high-quality client experience.

Renasant Corporation (NASDAQ: RNST) reported strong first-quarter earnings for 2021, with a net income of $57.9 million, up from $2.0 million last year. Basic and diluted EPS reached $1.03 and $1.02, respectively, compared to $0.04 in Q1 2020. The company experienced significant growth in noninterest-bearing deposits, which increased by $450.3 million, and achieved loan growth excluding PPP loans. Total assets rose to $15.62 billion, reflecting a robust capital position with all regulatory ratios exceeding minimums required for being well-capitalized.

Renasant Corporation (NASDAQ: RNST) announced a quarterly cash dividend of $0.22 per share, payable on June 30, 2021, to shareholders of record as of June 16, 2021. This reflects the company's commitment to returning value to its shareholders amidst its growth trajectory. Currently, Renasant manages approximately $14.9 billion in assets and operates over 200 financial service locations across several states, including Mississippi, Tennessee, and Florida.

Renasant Corporation (NASDAQ: RNST) will announce its 2021 first quarter results after NASDAQ closes on April 27, 2021. Following this, an executive management webcast and conference call for analysts is scheduled for April 28, 2021, at 10:00 AM ET. Interested participants can access the webcast via the company’s investor relations website. Renasant, with approximately $14.9 billion in assets, operates over 200 financial service offices across several states.

The company advises investors that forward-looking statements may involve risks and uncertainties that could lead to different outcomes.

Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, payable on March 31, 2021, to shareholders of record by March 17, 2021. This payment reflects the company's ongoing commitment to returning value to its investors. Renasant, with approximately $14.9 billion in assets, operates over 200 financial service offices across several states, including Mississippi, Tennessee, and Georgia. The firm continues to solidify its position in the market as a trusted bank.