Renasant Corporation reported significantly stronger results for the quarter ended March 31, 2026, with net income of $88,228 thousand compared with $41,518 thousand a year earlier. Diluted earnings per share rose to $0.94 from $0.65, driven by much higher net interest income and solid fee growth.
Total assets reached $27,107,274 thousand, and deposits grew to $22,099,484 thousand, reflecting the full impact of the prior acquisition of The First Bancshares. The loan portfolio remained sizable at $18,975,248 thousand, while the allowance for credit losses on loans increased slightly to $295,862 thousand following a higher provision of $8,080 thousand.
Shareholders’ equity was $3,866,918 thousand as of March 31, 2026. The company returned capital through cash dividends of $0.23 per share, totaling $21,634 thousand, and repurchased shares for $75,806 thousand under its stock repurchase program.
Renasant Corporation is offering $300,000,000 aggregate principal amount of 6.25% Fixed-to-Floating Rate Subordinated Notes due June 1, 2036. The Notes pay 6.25% semiannually through, but excluding, June 1, 2031, then pay a floating rate equal to Three‑Month Term SOFR (subject to a floor of zero) plus 245 basis points, payable quarterly. The company may redeem the Notes in whole or in part beginning June 1, 2031 (or earlier in limited circumstances) at 100% of principal, subject to prior Federal Reserve approval if then required.
The Notes are unsecured, subordinated obligations of Renasant Corporation only, structurally subordinated to subsidiaries’ liabilities (including bank deposits) and effectively subordinated to secured debt to the extent of collateral. Net proceeds are estimated at approximately $295.7 million, to be used for general corporate purposes, including the potential redemption of up to $40 million principal of Renasant’s 2031 subordinated notes.
Renasant Corporation proposes a new issuance of fixed-to-floating rate subordinated notes due 2036 under a prospectus supplement dated May 4, 2026. The notes carry a fixed coupon through 2031 and a floating rate thereafter referenced to a benchmark (expected to be Three-Month Term SOFR) plus a spread, are subordinated and unsecured, and are intended to qualify as Tier 2 capital. Redemption is permitted at the issuer’s option beginning in 2031 and earlier upon specified events (including a Tax Event or a Tier 2 Capital Event), each subject to prior Federal Reserve approval to the extent required. The offering prospectus notes structural subordination to subsidiary liabilities, absence of FDIC or subsidiary guarantees, and that proceeds may be used for general corporate purposes, including potential redemption of outstanding 2031 subordinated notes.
Renasant Corporation reported that its Board approved Amended and Restated Bylaws effective April 28, 2026. Changes give the Board flexibility on the annual meeting date, clarify authority to adjourn shareholder meetings, require directors and nominating shareholders to comply with applicable banking laws, and permit board participation by remote communication.
At the 2026 annual meeting, shareholders elected 17 directors and approved a non-binding resolution on 2025 executive compensation with 76,201,345 votes for and 970,393 against. They also ratified BDO USA, P.C. as independent registered public accountants for 2026, with 82,238,959 votes for and 2,582,789 against.
CREEKMORE JOHN reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director John Creekmore received a grant of 2,060 shares of service-based restricted common stock. The award was made at no cash cost per share under the company’s 2020 Long Term Incentive Plan and will vest on April 27, 2027.
Following this compensation-related award, Creekmore directly holds 28,699 shares of Renasant common stock.
MCGRAW EDWARD ROBINSON reported acquisition or exercise transactions in this Form 4 filing.
RENASANT CORP director Edward Robinson McGraw received a grant of 2,060 shares of Common Stock as a service-based restricted stock award. The award was made at no cash cost per share under the company’s 2020 Long Term Incentive Plan and will vest on April 27, 2027. Following this grant, McGraw directly holds 245,803 shares of Renasant common stock.
Suggs Sean M. reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director Sean M. Suggs received a grant of 2,060 shares of Common Stock as equity compensation. The award is described as service-based restricted stock granted under the 2020 Long Term Incentive Plan and carries no purchase price.
The restricted shares will vest on April 27, 2027, meaning Suggs must remain in service until that date to fully earn them. After this grant, his directly owned Common Stock holdings total 15,927 shares, indicating this is a routine compensation-related equity award rather than an open-market trade.
PARKER TED E reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director Ted E. Parker reported a new equity award of 2,060 shares of Common Stock. The shares are described as service-based restricted stock granted at $0.0000 per share under the company’s 2020 Long Term Incentive Plan and will vest on April 27, 2027.
After this grant, Parker directly holds 92,563 Common shares. The filing also lists indirect holdings of 955 shares via a business interest, 1,300 shares held for children, and 2,200 shares in a spouse IRA, showing additional family-related ownership.
Moore Diana Renee reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director Diana Renee Moore received a grant of 2,060 shares of common stock as a service-based restricted stock award. The award was granted at no cash cost to her and was issued under the company’s 2020 Long Term Incentive Plan. These restricted shares are scheduled to vest on April 27, 2027, meaning she must remain in service until then to fully earn them. After this grant, she directly holds a total of 11,906 shares of Renasant common stock.
HOLLAND NEAL A JR reported acquisition or exercise transactions in this Form 4 filing.
Renasant Corp director Neal A. Holland Jr. reported a compensation-related equity grant of 2,060 shares of Common Stock on April 28, 2026. The filing describes these as service-based restricted stock awarded under the 2020 Long Term Incentive Plan that will vest on April 27, 2027.
Following this award, Holland directly holds 78,000 shares of Renasant common stock. He also reports indirect ownership of shares held by his spouse, children, a limited partnership, a holding entity, and a trust, reflecting additional long-term exposure to the company rather than open-market buying or selling.