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 Capital Funding Corp. • Renasant Insurance, Inc. • Park Place Capital Corp. • Continental Republic Capital, LLC • Renasant Securities Corp. • Brand Group Holdings ...
IRS number
640676974
RNST stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
13 Mar 23
DEFA14A
Additional proxy soliciting materials
13 Mar 23
DEF 14A
Definitive proxy
13 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Fourth Quarter 2022 Investor Presentation
1 Feb 23
8-K
Renasant Corporation Announces Earnings for the Fourth Quarter of 2022
24 Jan 23
8-K
Other Events
3 Jan 23
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Third Quarter 2022 Investor Presentation
3 Nov 22
8-K
Renasant Corporation Announces Earnings for the Third Quarter of 2022
25 Oct 22
Transcripts
RNST
Earnings call transcript
2022 Q4
25 Jan 23
RNST
Earnings call transcript
2022 Q3
26 Oct 22
RNST
Earnings call transcript
2022 Q2
28 Jul 22
RNST
Earnings call transcript
2022 Q1
27 Apr 22
RNST
Earnings call transcript
2021 Q4
26 Jan 22
RNST
Earnings call transcript
2021 Q3
29 Oct 21
RNST
Earnings call transcript
2021 Q2
30 Jul 21
RNST
Earnings call transcript
2021 Q1
28 Apr 21
RNST
Earnings call transcript
2020 Q4
27 Jan 21
RNST
Earnings call transcript
2020 Q3
28 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| 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) | 575.99 mm | 575.99 mm | 575.99 mm | 575.99 mm | 575.99 mm | 575.99 mm |
| Cash burn (monthly) | (no burn) | 108.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 308.40 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 267.59 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 2.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
31.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 212 |
| Opened positions | 35 |
| Closed positions | 21 |
| Increased positions | 66 |
| Reduced positions | 71 |
| 13F shares | Current |
|---|---|
| Total value | 1.50 tn |
| Total shares | 42.88 mm |
| Total puts | 0.00 |
| Total calls | 1.00 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 8.24 mm | $309.91 bn |
| Vanguard | 6.42 mm | $241.43 bn |
| Dimensional Fund Advisors | 4.07 mm | $151.43 bn |
| STT State Street | 2.42 mm | $91.49 bn |
| Frontier Capital Management | 1.69 mm | $0.00 |
| Victory Capital Management | 1.48 mm | $55.52 bn |
| Allspring Global Investments | 1.40 mm | $52.52 bn |
| GS Goldman Sachs | 1.21 mm | $45.37 bn |
| Palisade Capital Management | 1.06 mm | $39.98 bn |
| Geode Capital Management | 1.05 mm | $39.24 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 Mar 23 | Meredith David | Common Stock | Payment of exercise | Dispose F | No | No | 31.05 | 1,654 | 51.36 k | 42,814 |
| 22 Mar 23 | Meredith David | Common Stock | Sale back to company | Dispose D | No | No | 0 | 2,497 | 0.00 | 44,468 |
| 22 Mar 23 | Kelly Hutcheson | Common Stock | Payment of exercise | Dispose F | No | No | 31.05 | 1,030 | 31.98 k | 15,697 |
| 22 Mar 23 | Kelly Hutcheson | Common Stock | Sale back to company | Dispose D | No | No | 0 | 1,362 | 0.00 | 16,727 |
| 22 Mar 23 | Perry Curtis J | Common Stock | Payment of exercise | Dispose F | No | No | 31.05 | 3,421 | 106.22 k | 60,413 |
| 22 Mar 23 | Perry Curtis J | Common Stock | Sale back to company | Dispose D | No | No | 0 | 4,767 | 0.00 | 63,834 |
| 22 Mar 23 | Jeanfreau Mark | Common Stock | Payment of exercise | Dispose F | No | No | 31.05 | 1,880 | 58.37 k | 40,591 |
| 22 Mar 23 | Jeanfreau Mark | Common Stock | Sale back to company | Dispose D | No | No | 0 | 2,497 | 0.00 | 42,471 |
| 22 Mar 23 | Cochran James Scott | Common Stock | Payment of exercise | Dispose F | No | No | 31.05 | 3,431 | 106.53 k | 108,013 |
| 22 Mar 23 | Cochran James Scott | Common Stock | Sale back to company | Dispose D | No | No | 0 | 4,767 | 0.00 | 111,444 |
News
Expert Ratings for Renasant
23 Mar 23
Truist Securities Maintains Hold on Renasant, Lowers Price Target to $34
23 Mar 23
Top 5 Financial Stocks That Are Preparing To Pump In March
13 Mar 23
Truist Securities Maintains Hold on Renasant, Lowers Price Target to $38
1 Feb 23
Piper Sandler Maintains Neutral on Renasant, Lowers Price Target to $37.5
26 Jan 23
Press releases
Renasant Corporation Declares Quarterly Dividend
16 Feb 23
Renasant Corporation Announces Earnings for the Fourth Quarter of 2022
24 Jan 23
Renasant Announces 2022 Fourth Quarter Webcast and Conference Call Information
12 Jan 23
Mullinax Joins Renasant as Brand Ambassador
4 Jan 23
Renasant Bank Acquires Republic Business Credit
3 Jan 23