Welcome to our dedicated page for Renasant news (Ticker: RNST), a resource for investors and traders seeking the latest updates and insights on Renasant stock.
Renasant Corporation (NYSE: RNST) is the parent of Renasant Bank, a long-established financial services institution with a significant presence in the Southeastern United States. This news page aggregates company announcements, earnings updates and other disclosures related to Renasant’s commercial banking and financial services activities.
Renasant regularly issues press releases covering quarterly and annual earnings, dividend declarations and investor webcasts. Earnings announcements detail net income, earnings per share, net interest income, noninterest income, loan growth, deposit trends, credit quality metrics and capital ratios. The company also provides information on stock repurchase authorizations and other capital management actions.
In addition to financial results, Renasant’s news flow includes updates on corporate transactions and strategic developments. For example, the company has reported on the completion and integration of its merger with The First Bancshares, Inc., as well as the impact of that merger on loans, deposits and securities. Leadership and governance changes, such as the appointment of a new Chief Executive Officer and director retirement plans, are also communicated through news releases.
Renasant highlights its community involvement through announcements from the Renasant Community Foundation, which has awarded grants to nonprofit organizations across the Southeast in areas such as education, human services, arts and culture and community development. The company also issues notices about upcoming webcasts and conference calls where executive management discusses financial performance with analysts.
Investors and observers can use this news page to review Renasant’s historical announcements, monitor trends in its earnings and capital actions, and follow developments in its banking, lending, mortgage, wealth management and nationwide factoring and asset-based lending activities.
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.
Renasant Corporation (NASDAQ: RNST) reported its fourth quarter 2020 earnings, revealing a net income of $31.5 million, down from $38.4 million in Q4 2019. The company's basic and diluted earnings per share (EPS) for the quarter were $0.56, compared to $0.67 in the same period last year. For the full year 2020, net income fell to $83.7 million from $167.6 million in 2019, with EPS decreasing to $1.49 versus $2.89. Despite these challenges, CEO C. Mitchell Waycaster emphasized the company’s commitment to core funding and asset quality.
Renasant Corporation (NASDAQ: RNST) will announce its 2020 fourth quarter and year-end results on January 26, 2021, after the NASDAQ closes. A conference call for analysts will follow on January 27, 2021, at 10:00 AM ET. Interested parties can access the webcast via Renasant's investor relations website or by phone. Renasant Corporation, founded 117 years ago, has assets of approximately $14.8 billion and operates over 200 financial service offices across multiple states.
The board of directors of Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, scheduled for distribution on January 1, 2021. Shareholders of record as of December 18, 2020 will receive this payment. Renasant Corporation, the parent company of Renasant Bank, oversees assets totaling approximately $14.8 billion and operates over 200 financial offices across several states including Mississippi, Tennessee, and Florida.