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RNST Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
40.385
Open
40.270
VWAP
40.17
Vol
604.60K
Mkt Cap
3.71B
Low
39.945
Amount
24.29M
EV/EBITDA(TTM)
10.74
Total Shares
92.27M
EV
4.15B
EV/OCF(TTM)
3.65
P/S(TTM)
3.61
Renasant Corporation is a bank holding company for Renasant Bank (the Bank). The Bank owns and operates approximately 280 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis. Its Community Banks segment delivers a complete range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, asset-based lending, factoring, equipment leasing and treasury management services, as well as safe deposit, among others. Its Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration (as trustee or in other fiduciary or representative capacities) of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts.
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Events Timeline

(ET)
2026-04-28
16:50:00
Renasant Q1 Adjusted Revenue $278.49M Beats Expectations
select
2026-04-28
16:50:00
Company Board Approves Quarterly Cash Dividend of 24 Cents per Share
select
2026-03-03 (ET)
2026-03-03
10:20:00
Renasant Discloses Material Weakness in Financial Reporting Controls
select
2026-01-27 (ET)
2026-01-27
16:40:00
Company Reports Q4 Revenue of $275.4 Million
select

News

seekingalpha
8.5
05-04seekingalpha
Renasant Corp Prices $300M Subordinated Notes Offering
  • Bond Offering Details: Renasant Corp has priced $300 million of 6.25% fixed-to-floating subordinated notes due 2036, which will pay 6.25% interest for the first five years before switching to a floating rate tied to SOFR plus 245 basis points, indicating the company's strategy to manage future interest rate fluctuations.
  • Redemption Option: The company can redeem the notes at par starting June 1, 2031, providing financial flexibility in response to changing interest rate environments, which may help optimize its capital structure.
  • Use of Proceeds: Proceeds from this bond offering will support general corporate purposes, including potential refinancing of existing debt, reflecting the company's strategic intent to manage financial leverage and optimize capital costs.
  • Market Response: Renasant reported a non-GAAP EPS of $0.93 for Q1 2026, beating expectations by $0.09, although revenue of $273.8 million missed estimates, demonstrating the company's resilience in profitability despite revenue challenges.
Newsfilter
8.5
05-04Newsfilter
Renasant Corporation Prices $300 Million Subordinated Notes Offering
  • Bond Offering Size: Renasant Corporation has announced a public offering of $300 million in 6.25% Fixed-to-Floating Rate Subordinated Notes, expected to close on May 7, 2026, reflecting the company's active engagement in capital markets and financing capabilities.
  • Interest Rate Structure: The Notes will bear a fixed interest rate of 6.25% for the first five years, transitioning to a floating rate based on the Three-Month SOFR plus 245 basis points, which helps the company maintain flexibility and reduce financing costs amid interest rate fluctuations.
  • Use of Proceeds: The net proceeds from this offering will be used for general corporate purposes, including the potential redemption of $40 million of the 5.50% Subordinated Notes, indicating the company's strategic intent to optimize its capital structure.
  • Regulatory Compliance: These Notes are intended to qualify as Tier 2 capital, enhancing the company's capital base and competitiveness in the financial services sector while providing funding support for future expansions and acquisitions.
moomoo
8.5
05-04moomoo
RENASANT CORP SUBMITS TERM SHEET FOR $300 MILLION OFFERING OF 6.25% FIXED-TO-FLOATING RATE SUBORDINATED NOTES MATURING IN 2036 - SEC FILING
  • Offering Details: Renasant Corporation is filing terms for an offering of $300 million in 6.25% fixed-to-floating rate subordinated notes due in 2036.
  • Purpose of Offering: The proceeds from this offering are likely intended to support the company's capital needs and enhance its financial position.
seekingalpha
9.5
04-29seekingalpha
Renasant Corporation Q1 2026 Earnings Call Insights
  • Strong Financial Performance: Renasant Corporation reported an adjusted EPS of $0.93 for Q1 2026, exceeding expectations by $0.09, demonstrating significant financial improvement during the merger and integration phase, which enhances market confidence.
  • Significant Deposit Growth: Deposits increased by $626.4 million in Q1, primarily driven by public fund seasonality, reflecting the company's success in attracting customers and laying a foundation for future loan growth.
  • Loan Contraction and Outlook: Despite a linked-quarter decrease of $71.8 million in loans, management remains optimistic about organic growth, projecting a mid-single-digit growth rate, with a 30% increase in the loan pipeline since the beginning of the year, indicating potential market opportunities.
  • Cost Control and Efficiency Gains: Noninterest expenses totaled $155.3 million in Q1, down $4.9 million quarter-over-quarter, with management emphasizing that merger-related cost savings have largely been realized, focusing on improving operational efficiency to address market competition.
NASDAQ.COM
9.5
04-29NASDAQ.COM
Renasant Reports 60.5% Revenue Growth in Q1 2026
  • Significant Revenue Growth: Renasant reported revenue of $273.83 million for Q1 2026, reflecting a remarkable 60.5% year-over-year increase, exceeding market expectations and indicating strong market performance and growth potential.
  • Earnings Per Share Beat Estimates: The EPS came in at $0.93, a substantial increase from $0.66 in the same quarter last year, surpassing the analyst consensus estimate of $0.84, which highlights the company's improved profitability.
  • Positive Market Reaction: Both revenue and EPS exceeded Zacks Consensus Estimates by +0.43% and +10.45%, respectively, which may bolster investor confidence in Renasant's future performance and drive stock price appreciation.
  • Key Metrics Analysis: Analysts emphasize that while investors focus on year-over-year changes, comparing key financial metrics provides better insights into the company's fundamentals, aiding investors in more accurately projecting stock price movements.
seekingalpha
9.5
04-28seekingalpha
Renasant Q1 Earnings Beat Expectations
  • Earnings Beat: Renasant reported a Q1 non-GAAP EPS of $0.93, exceeding expectations by $0.09, indicating a strong improvement in profitability despite revenue falling short of forecasts.
  • Significant Revenue Growth: The company achieved revenue of $273.8 million in Q1, reflecting a 60.5% year-over-year increase, showcasing robust performance and growth potential in the market, even though it missed expectations by $1.91 million.
  • Improved Return on Assets: The return on assets for Q1 2026 was 1.33%, up from 0.94% in Q1 2025, demonstrating enhanced efficiency in asset management and overall financial health.
  • Efficiency Ratio Enhancement: The efficiency ratio improved to 55.73% in Q1 2026, down from 65.51% in the same quarter of 2025, indicating positive progress in cost control and operational efficiency.
Wall Street analysts forecast RNST stock price to rise
3 Analyst Rating
Wall Street analysts forecast RNST stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
41.00
Averages
43.00
High
45.00
Current: 0.000
sliders
Low
41.00
Averages
43.00
High
45.00
TD Cowen
Buy
maintain
$44 -> $45
AI Analysis
2026-04-30
Reason
TD Cowen
Price Target
$44 -> $45
AI Analysis
2026-04-30
maintain
Buy
Reason
TD Cowen raised the firm's price target on Renasant to $45 from $44 and keeps a Buy rating on the shares. The firm said Q1 EPS beat on expense discipline with another quarter of 1.3% ROA and 16% ROTCE. They see clearer visibility to sustained roughly 15% ROTCE versus 10% a year ago, driven by strong cost execution and increased prospects for revenue upside, alongside increased buybacks as an additional support.
Keefe Bruyette
NULL
to
Outperform
maintain
$43 -> $45
2026-04-30
Reason
Keefe Bruyette
Price Target
$43 -> $45
2026-04-30
maintain
NULL
to
Outperform
Reason
Keefe Bruyette raised the firm's price target on Renasant to $45 from $43 and keeps an Outperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RNST
Unlock Now

Valuation Metrics

The current forward P/E ratio for Renasant Corp (RNST.N) is 11.00, compared to its 5-year average forward P/E of 12.03. For a more detailed relative valuation and DCF analysis to assess Renasant Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.03
Current PE
11.00
Overvalued PE
13.98
Undervalued PE
10.08

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.94
Current EV/EBITDA
6.14
Overvalued EV/EBITDA
4.56
Undervalued EV/EBITDA
-2.69

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.87
Current PS
3.16
Overvalued PS
3.30
Undervalued PS
2.44

Financials

AI Analysis
Annual
Quarterly

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Whales Holding RNST

F
Frontier Capital Management
Holding
RNST
+12.77%
3M Return
P
Palisade Capital Management, LP
Holding
RNST
+6.27%
3M Return
C
Channing Capital Management, LLC
Holding
RNST
-1.17%
3M Return

Trading Trends

    Insider
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Frequently Asked Questions

What is Renasant Corp (RNST) stock price today?

The current price of RNST is 40.19 USD — it has increased 0.02

What is Renasant Corp (RNST)'s business?

Renasant Corporation is a bank holding company for Renasant Bank (the Bank). The Bank owns and operates approximately 280 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis. Its Community Banks segment delivers a complete range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, asset-based lending, factoring, equipment leasing and treasury management services, as well as safe deposit, among others. Its Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration (as trustee or in other fiduciary or representative capacities) of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts.

What is the price predicton of RNST Stock?

Wall Street analysts forecast RNST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RNST is43.00 USD with a low forecast of 41.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Renasant Corp (RNST)'s revenue for the last quarter?

Renasant Corp revenue for the last quarter amounts to 265.74M USD, increased 61.27

What is Renasant Corp (RNST)'s earnings per share (EPS) for the last quarter?

Renasant Corp. EPS for the last quarter amounts to 0.94 USD, increased 44.62

How many employees does Renasant Corp (RNST). have?

Renasant Corp (RNST) has 3000 emplpoyees as of May 11 2026.

What is Renasant Corp (RNST) market cap?

Today RNST has the market capitalization of 3.71B USD.