Renasant Corporation (RNST)

Renasant Corp. stock has experienced several notable events in the past six months. The stock was up 9.6% over the past year but showed a 9.0% decline over the past 30 days and a 1.6% decline over the past week as of March 7, 2026. Key events include earnings announcements, with the company reporting its third-quarter 2025 results on October 28, 2025, and its fourth-quarter 2025 results surpassing analysts' expectations. Renasant Corporation declared a quarterly cash dividend of $0.23 per share on February 20, 2026, payable on March 31, 2026. The company repurchased $13.2 million of stock in Q4 2025. Renasant reported a material weakness in its internal control over financial reporting, linked to its acquisition of The First Bancshares, Inc. There has been significant insider selling over the past three months.

The banking industry, including Renasant Corp., experiences demand seasonality for its products and services. Demand for credit tends to increase in the second half of the year, particularly during the festive and wedding seasons. Loan applications typically rise in the spring and summer months and then taper off in the fall. Deposits tend to be more evenly spread throughout the year, though less than 50% are mobilized in the first half. Renasant's third-quarter 2025 earnings report noted that deposits fell by $158.1 million, driven by $169.6 million in public fund seasonality.

Renasant Corporation operates as a bank holding company for Renasant Bank, offering financial, wealth management, fiduciary, and insurance services. It is categorized within the Financial Services sector and Regional Banks industry. The company's business is structured around Community Banks, Insurance (divested in 2024), and Wealth Management segments. The Community Banks segment offers a wide array of services, including checking and savings accounts, business and personal loans, and treasury management services. The Wealth Management segment delivers fiduciary services, including trust account management, annuities, mutual funds, and investment services. The majority of the company's revenue is driven by lending activities within its community banks segment.

Renasant Bank primarily operates in the Southeastern United States, with a strong network of branches and offices across Mississippi, Alabama, Tennessee, Georgia, Florida, and Louisiana. Following its acquisition of The First Bancshares, Inc., Renasant operates more than 280 offices and has approximately $26.8 billion in assets as of early 2025. Renasant also offers factoring and asset-based lending on a nationwide basis.

Renasant Bank's brand reputation in the past year shows mixed feedback from customers. Renasant Bank has a Net Promoter Score (NPS) of -33, indicating that more than half of customers expect better service or product. Customer ratings on Bankrate for mortgage services show high scores for knowledge, level of service, professionalism, and responsiveness. The bank also holds an A+ rating from the Better Business Bureau (BBB), though it is not accredited by the BBB. WalletHub reviews show an overall rating of 4.5 out of 5 stars, though some recent reviews express dissatisfaction with fee structures and changes post-merger. A significant event that could affect Renasant Corp.'s reputation is the reported material weakness in its internal control over financial reporting.

Renasant Corporation's shareholder base is predominantly institutional investors, who held 77.61% of the shares as of June 2025. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, iShares Core S&P Small-Cap ETF, Dimensional Fund Advisors Lp, and State Street Corp. Insider ownership remained stable at 2.61% in June 2025, with prominent insider shareholders including E. Robinson McGraw, C. Mitchell Waycaster, and Kevin D. Chapman as of April 2025. Retail and individual investors also hold a portion of the company's stock.