Renasant Corporation is the parent of Renasant Bank, a 116 year-old financial services institution. Renasant has assets of approximately $14.9 billion and operates more than 200 banking, lending, mortgage, wealth management and insurance offices throughout Mississippi, Tennessee, Alabama, Florida, Georgia, North Carolina and South Carolina.

Company profile
Ticker
RNST
Exchange
Website
CEO
C. Mitchell Waycaster
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
PEOPLES HOLDING CO
SEC CIK
Corporate docs
Subsidiaries
Primeco, Inc. • Renasant Leasing Corp. • Renasant Investment Corp. • Renasant Capital Corp. • Renasant Insurance, Inc. • Park Place Capital Corp. • Renasant Securities Corp. • Brand Group Holdings ...
IRS number
640676974
RNST stock data
News
Truist Securities Maintains Hold on Renasant, Raises Price Target to $35
1 Aug 22
Renasant Q2 Adj. EPS $0.72 Beats $0.64 Estimate
26 Jul 22
Earnings Scheduled For July 26, 2022
26 Jul 22
Renasant's Earnings: A Preview
25 Jul 22
Truist Securities Maintains Hold Rating for Renasant: Here's What You Need To Know
15 Jun 22
Press releases
Analyst ratings and price targets
Investment data
Securities sold
Number of investors
Calendar
8 Aug 22
18 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.01B | 1.01B | 1.01B | 1.01B | 1.01B | 1.01B |
Cash burn (monthly) | 199.01M | 49.59M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 327.73M | 81.66M | n/a | n/a | n/a | n/a |
Cash remaining | 682.74M | 928.81M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.4 | 18.7 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 22 | James C. IV Mabry | Common Stock | Payment of exercise | Dispose F | No | No | 33.4 | 2,993 | 99.97K | 83,648 |
30 Jun 22 | Suggs Sean M. | Phantom Stock Common Stock | Grant | Acquire A | No | No | 30.66 | 489.18 | 15K | 5,189.7 |
30 Jun 22 | Heyer Richard | Phantom Stock Common Stock | Grant | Acquire A | No | No | 30.66 | 88.05 | 2.7K | 9,831.74 |
30 Jun 22 | Deer Jill V | Phantom Stock Common Stock | Grant | Acquire A | No | No | 30.66 | 122.3 | 3.75K | 6,202.66 |
30 Jun 22 | Shmerling Michael D | Phantom Stock Common Stock | Grant | Acquire A | No | No | 30.66 | 489.18 | 15K | 26,743.19 |
Institutional ownership, Q2 2022
93.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 191 |
Opened positions | 22 |
Closed positions | 23 |
Increased positions | 80 |
Reduced positions | 59 |
13F shares | Current |
---|---|
Total value | 3.24B |
Total shares | 44.16M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 8.25M | $237.62M |
Vanguard | 6.23M | $179.57M |
Dimensional Fund Advisors | 3.82M | $109.92M |
STT State Street | 2.62M | $75.62M |
Victory Capital Management | 2.05M | $58.96M |
WHG Westwood | 1.85M | $53.36M |
Frontier Capital Management | 1.69M | $0 |
Allspring Global Investments | 1.4M | $40.27M |
Palisade Capital Management | 1.08M | $31.04M |
GS Goldman Sachs | 1.06M | $30.58M |
Financial report summary
?Management Discussion
- Net income for the second quarter of 2022 was $39,678 compared to net income of $40,867 for the second quarter of 2021. Basic and diluted earnings per share (“EPS”) for the second quarter of 2022 were $0.71 as compared to basic and diluted EPS of $0.73 and $0.72, respectively, for the second quarter of 2021. Net income for the six months ended June 30, 2022, was $73,225 compared to net income of $98,775 for the same period in 2021. Basic and diluted EPS were $1.31 and $1.30, respectively, for the first six months of 2022 as compared to $1.75 for the first six months of 2021.
- Net interest income, the difference between interest earned on assets and the cost of interest-bearing liabilities, is the largest component of our net income, comprising 75.60% of total revenue (i.e., net interest income on a fully taxable equivalent basis and noninterest income) for the second quarter of 2022. The primary concerns in managing net interest income are the volume, mix and repricing of assets and liabilities.
- Net interest income was $113,515 and $213,144 for the three and six months ended June 30, 2022, as compared to $109,579 and $219,227 for the same periods in 2021. On a tax equivalent basis, net interest income was $115,321 and $216,704 for the three and six months ended June 30, 2022, as compared to $111,205 and $222,469 same periods in 2021.
Content analysis
?Positive | ||
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Readability |
H.S. sophomore Avg
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New words:
cap, collar, duration, lapse, slight, stabilized
Removed:
mature, similarity
Financial reports
Current reports
8-K
Second Quarter 2022 Investor Presentation
17 Aug 22
8-K
Departure of Directors or Certain Officers
29 Jul 22
8-K
Renasant Corporation Announces Earnings for the Second Quarter of 2022
26 Jul 22
8-K
First Quarter 2022 Investor Presentation
29 Apr 22
8-K
Submission of Matters to a Vote of Security Holders
29 Apr 22
8-K
Renasant Corporation Announces Earnings for the First Quarter of 2022
26 Apr 22
8-K
Fourth Quarter 2021 Investor Presentation
16 Feb 22
8-K
Amendments to Articles of Incorporation or Bylaws
28 Jan 22
8-K
Renasant Corporation Announces Earnings for the Fourth Quarter of 2021
25 Jan 22
8-K
Other Events
24 Nov 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
18 Nov 21
FWP
Free writing prospectus
17 Nov 21
FWP
Free writing prospectus
17 Nov 21
424B5
Prospectus supplement for primary offering
17 Nov 21
S-3ASR
Automatic shelf registration
12 Oct 21
S-8
Registration of securities for employees
22 Jan 21
424B5
Prospectus supplement for primary offering
1 Sep 20
FWP
Free writing prospectus
31 Aug 20
FWP
Free writing prospectus
31 Aug 20
424B5
Prospectus supplement for primary offering
31 Aug 20
Proxies
DEFA14A
Additional proxy soliciting materials
14 Mar 22
DEFA14A
Additional proxy soliciting materials
18 Mar 21
DEFA14A
Additional proxy soliciting materials
14 Apr 20
DEFA14A
Additional proxy soliciting materials
19 Mar 20
DEFA14A
Additional proxy soliciting materials
14 Mar 19
DEF 14A
Definitive proxy
14 Mar 18
Other
EFFECT
Notice of effectiveness
27 Jun 18
CORRESP
Correspondence with SEC
21 Jun 18
CORRESP
Correspondence with SEC
21 Jun 18
UPLOAD
Letter from SEC
11 Jun 18
CORRESP
Correspondence with SEC
31 May 18
UPLOAD
Letter from SEC
8 May 18
UPLOAD
Letter from SEC
7 May 18
CORRESP
Correspondence with SEC
3 May 18
CORRESP
Correspondence with SEC
26 Feb 18
EFFECT
Notice of effectiveness
27 Apr 17
Ownership
4
RENASANT / James C. IV Mabry ownership change
2 Aug 22
4
RENASANT / Jill V Deer ownership change
5 Jul 22
4
RENASANT / MICHAEL D SHMERLING ownership change
5 Jul 22
4
RENASANT / EDWARD ROBINSON MCGRAW ownership change
5 Jul 22
4
RENASANT / Sean M. Suggs ownership change
5 Jul 22
4
RENASANT / RICHARD HEYER ownership change
5 Jul 22
11-K
Annual report of employee stock purchases
24 Jun 22
4
RENASANT / Curtis J Perry ownership change
4 May 22
4
RENASANT / Gary D. Butler ownership change
27 Apr 22
4
RENASANT / RICHARD HEYER ownership change
27 Apr 22
Transcripts
2022 Q2
Earnings call transcript
28 Jul 22
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
26 Jan 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
30 Jul 21
2021 Q1
Earnings call transcript
28 Apr 21
2020 Q4
Earnings call transcript
27 Jan 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
29 Apr 20
Reddit threads
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Daily Discussion Thread - June 15th, 2022
15 Jun 22
Daily Discussion Thread - June 14th, 2022
14 Jun 22
Daily Discussion Thread - June 13th, 2022
13 Jun 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - March 16th, 2022
16 Mar 22
Daily Discussion Thread - March 15th, 2022
15 Mar 22
Daily Discussion Thread - March 14th, 2022
14 Mar 22