Renasant Discloses Material Weakness in Financial Reporting Controls
Renasant disclosed in its annual filing that it recently identified a material weakness in its internal control over financial reporting. This could impact the company's ability to report its results of operations and financial condition "accurately and in a timely manner," Renasant said in a filing. The company added, "Based upon their evaluation as of December 31, 2025, our Principal Executive Officer and Principal Financial Officer have concluded that, due to the material weakness in the Company's internal control over financial reporting." Shares of Renasant are down 3% to $37.71 in morning trading.