Financial Data and Key Metrics Changes - Renasant's adjusted earnings per share for 2025 were $3.06, an 11% increase year-over-year [6] - Adjusted return on average assets (ROA) grew from 94 basis points in 2024 to 110 basis points in 2025 [6] - Adjusted efficiency ratio improved by approximately 900 basis points year-over-year to 57.46% [6] - Adjusted return on tangible equity increased from 11.5% in 2024 to 13.79% in 2025 [6] - Net income for the fourth quarter was $78.9 million, or $0.83 per diluted share [8] - Adjusted earnings for the quarter, excluding merger charges, were $86.9 million, or $0.91 per diluted share [8] Business Line Data and Key Metrics Changes - Loans increased by $21.5 million on a linked quarter basis, representing a 0.4% annualized growth [8] - Deposits rose by $48.5 million from the third quarter, or 0.9% annualized [9] - Non-interest income for the fourth quarter was $51.1 million, a linked quarter increase of $5.1 million [11] Market Data and Key Metrics Changes - The company sold approximately $117 million of loans acquired from The First, which were not considered core to Renasant's business [8] - The allowance for credit losses (ACL) as a percentage of total loans declined by 2 basis points quarter-over-quarter to 1.54% [9] Company Strategy and Development Direction - Renasant aims to create a high-performing company leveraging opportunities in strong economic areas [4] - The company is focused on maintaining momentum and improving efficiency post-merger with The First [4] - Management emphasized the importance of balancing cost savings from the merger with investments in talent for future growth [25] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the banking industry's changes and Renasant's ability to capitalize on opportunities [13] - The company anticipates continued organic loan and deposit growth in 2026, targeting mid-single-digit growth [31] - Management acknowledged the potential for elevated payoffs to impact loan growth but remains confident in long-term performance [94] Other Important Information - The company recorded a credit loss provision on loans of $10.9 million, with net charge-offs of $9.1 million [9] - Non-interest expense for the fourth quarter was $170.8 million, with a linked quarter decrease of $6.2 million when excluding merger and conversion expenses [11] Q&A Session Summary Question: Can you walk us through the expenses and expectations for the year? - Management indicated a core expense reduction of $2-$3 million expected in Q1, similar to Q4 [20][21] Question: What is the outlook for loan growth? - Management reiterated a target of mid-single-digit growth for 2026, with production remaining strong despite elevated payoffs [31][33] Question: How does the company view capital usage and buybacks? - Management stated that buybacks are currently the most attractive capital use, with ongoing activity expected into 2026 [46][48] Question: What is the outlook for net interest margin (NIM)? - Management expects a stable margin outlook for 2026, with modest growth in net interest income anticipated [56] Question: Can you provide details on the loan sale and future sales? - The loan sale involved a portfolio of loans deemed non-core, and no additional sales are anticipated at this time [64][66]

Financial Data and Key Metrics Changes - Renasant Corporation's adjusted earnings per share for 2025 were $3.06, an 11% increase year-over-year [6] - Adjusted return on average assets (ROA) grew from 94 basis points in 2024 to 110 basis points in 2025 [6] - Adjusted efficiency ratio improved by approximately 900 basis points year-over-year to 57.46% [6] - Adjusted return on tangible equity increased from 11.5% in 2024 to 13.79% in 2025 [6] - Net income for the fourth quarter was $78.9 million, or $0.83 per diluted share [8] - Adjusted earnings for the quarter, excluding merger charges, were $86.9 million, or $0.91 per diluted share [8] Business Line Data and Key Metrics Changes - Loans increased by $21.5 million on a linked quarter basis, representing a 0.4% annualized growth [8] - Deposits rose by $48.5 million from the third quarter, or 0.9% annualized [9] - Non-interest income for the fourth quarter was $51.1 million, a linked quarter increase of $5.1 million [11] - Non-interest expense for the fourth quarter was $170.8 million, with a linked quarter decrease of $6.2 million when excluding merger and conversion expenses [11] Market Data and Key Metrics Changes - The company sold approximately $117 million of loans acquired from The First, which were not considered core to Renasant's business [8] - The allowance for credit losses (ACL) as a percentage of total loans declined by 2 basis points quarter-over-quarter to 1.54% [9] Company Strategy and Development Direction - Renasant aims to create a high-performing company leveraging opportunities in strong economic regions [4] - The company is focused on maintaining momentum and improving efficiency post-merger with The First [4] - Management emphasized the importance of balancing cost savings from the merger with investments in talent for future growth [25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the banking industry's changes and Renasant's ability to capitalize on opportunities [13] - The company anticipates continued organic loan and deposit growth in 2026, targeting mid-single-digit growth [31] - Management acknowledged the potential for elevated payoffs impacting loan growth but remains confident in long-term performance [94] Other Important Information - The company recorded a credit loss provision on loans of $10.9 million, with net charge-offs of $9.1 million [9] - All regulatory capital ratios remain above required minimums, indicating a well-capitalized status [9] Q&A Session Summary Question: Can you walk us through the expense outlook for the year? - Management indicated expectations for a $2-$3 million reduction in core expenses for Q1, similar to Q4 [20][21] Question: What are the expectations for loan growth and market share? - Management maintained guidance for mid-single-digit loan growth, with potential upside due to market disruption [31][34] Question: How does the company view capital deployment, particularly regarding buybacks? - Management indicated that buybacks are currently the most attractive capital use, with plans to continue into 2026 [46][48] Question: What is the outlook for net interest margin (NIM)? - Management expects NIM to remain stable, with modest growth in net interest income as the balance sheet grows [56] Question: Can you provide details on the loan sale and future loan sales? - The recent loan sale involved a portfolio deemed non-core, and no additional sales are anticipated in the near term [64][66]

Renasant (NYSE:RNST) Q4 2025 Earnings call January 28, 2026 10:00 AM ET Speaker8Good day, and welcome to the Renasant Corporation 2025 fourth quarter earnings conference call and webcast. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touch-tone phone. To withdraw your quest ...

Fourth Quarter 2025 Earnings Call Forward-Looking Statements This presentation may contain various statements about Renasant Corporation ("Renasant," "we," "our," or "us") that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "projects," "anticipates," "intends," "estimates," "pla ...

Core Insights - Renasant reported a revenue of $278.52 million for the quarter ended December 2025, marking a 66.7% increase year-over-year, with an EPS of $0.91 compared to $0.73 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $269 million by 3.54%, and the EPS surpassed the consensus estimate of $0.80 by 13.75% [1] Financial Performance Metrics - Net Interest Margin was reported at 3.9%, slightly above the average estimate of 3.8% from three analysts [4] - The Efficiency Ratio (GAAP) was 60.2%, compared to the estimated 59.7% by three analysts [4] - Total Nonperforming Loans amounted to $176.02 million, exceeding the average estimate of $170.5 million from two analysts [4] - Annualized Net Loan Charge-offs as a percentage of average loans stood at 0.2%, matching the estimate from two analysts [4] - Total Nonperforming Assets were reported at $191.21 million, higher than the average estimate of $180.98 million from two analysts [4] - Average Balance of Total Interest-Earning Assets was $23.75 billion, slightly above the average estimate of $23.74 billion from two analysts [4] - Net Interest Income reached $227.39 million, surpassing the average estimate of $223.56 million from three analysts [4] - Net Interest Income (FTE) was reported at $232.36 million, exceeding the average estimate of $228.17 million from three analysts [4] - Total Noninterest Income was $51.13 million, higher than the average estimate of $45.43 million from three analysts [4] Stock Performance - Renasant shares returned +3.9% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

分组1 - Renasant reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.80 per share, and up from $0.73 per share a year ago, representing an earnings surprise of +13.75% [1] - The company achieved revenues of $278.52 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.54%, and showing significant growth from year-ago revenues of $167.1 million [2] - Renasant has outperformed the S&P 500 with a share price increase of about 5.8% since the beginning of the year, compared to the S&P 500's gain of 1.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.82 on revenues of $268.95 million, and for the current fiscal year, it is $3.55 on revenues of $1.11 billion [7] - The Zacks Industry Rank for Banks - Southeast is in the top 22% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Renasant holds a Zacks Rank 2 (Buy), suggesting that the stock is expected to outperform the market in the near future [6]

Financial Performance - Net income for Q4 2025 was $78.9 million, an increase from $44.7 million in Q4 2024, with diluted EPS at $0.83 compared to $0.70 in the previous year[3] - Net income for the three months ended December 31, 2025, was $78,948,000, compared to $59,788,000 for the previous quarter, representing a 32.5% increase[31] - Adjusted net income for the twelve months ending December 31, 2025, was $267,816,000, compared to $165,066,000 for the previous year, showing a 62.2% year-over-year growth[31] - The company recorded adjusted diluted EPS (non-GAAP) of $0.91 for Q4 2025, compared to $0.73 in Q4 2024[4] - Return on average assets increased to 1.17% for the three months ended December 31, 2025, compared to 0.90% in the previous quarter[10] - Adjusted return on average assets (non-GAAP) improved to 1.29 from 1.09, indicating a growth of 18.4%[32] Income and Revenue - Net interest income for Q4 2025 was $232.4 million, up $4.2 million from the previous quarter, with a net interest margin of 3.89%, an increase of 4 basis points[8] - Noninterest income for the three months ended December 31, 2025, was $51.125 million, up from $46.026 million in the previous quarter, representing an increase of 2.4%[12] - Total adjusted noninterest income (non-GAAP) rose to $51,125 million compared to $46,867 million, marking an increase of 9.1% year-over-year[33] - Net interest income for the twelve months ending December 31, 2025, was $820.64 million, with a net interest margin of 3.79%, compared to $522.53 million and 3.34% in the previous year[16] Loans and Assets - Loans increased by $21.5 million linked quarter, representing 0.4% annualized net loan growth, while the company sold approximately $117.3 million of non-core loans acquired from the merger[8] - Total loans reached $19.05 billion as of December 31, 2025, an increase from $12.89 billion a year prior, reflecting a growth of 47.5%[17] - Loans held for investment increased to $19,047,039 as of December 31, 2025, compared to $12,885,020 a year earlier, reflecting a growth of approximately 47%[14] - Total assets as of December 31, 2025, reached $26,751,426, an increase from $18,034,868 in December 2024[14] Expenses and Efficiency - Total noninterest expense for the twelve months ending December 31, 2025, was $651.660 million, significantly higher than $461.618 million for the previous year, reflecting a year-over-year increase of 41.2%[12] - The efficiency ratio improved to 60.23% for the three months ended December 31, 2025, down from 67.05% in the previous quarter[10] - Noninterest expense (GAAP) decreased to $170,750 million from $183,830 million, a reduction of 7.3% year-over-year[33] Capital and Equity - Shareholders' equity increased to $3,884,905 as of December 31, 2025, compared to $2,678,318 a year earlier, representing a growth of approximately 45%[14] - The tangible common equity ratio was not specified but is a critical measure for assessing capital adequacy[29] - Shareholders' equity (GAAP) increased to $3,884,905 from $3,825,778, reflecting a growth of 1.9% year-over-year[32] - The total risk-based capital ratio was 14.78% as of December 31, 2025, down from 14.88% in the previous quarter[11] Credit Quality - The provision for credit losses on loans was $5.5 million for Q4 2025, with net loan charge-offs of $9.1 million[8] - Nonperforming loans as a percentage of total loans stood at 0.92% as of December 31, 2025, compared to 0.88% a year earlier[18] - The allowance for credit losses on loans was $293.96 million, representing 1.54% of total loans as of December 31, 2025[18] Strategic Initiatives - The company plans to expand its operations and integrate acquisitions, including its merger with The First, to enhance earnings and achieve cost savings[24] - Renasant Corporation operates 283 banking and financial service offices across the Southeast, with a focus on growth in new markets[22]

TUPELO, Miss., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) today announced earnings results for the fourth quarter of 2025. (Dollars in thousands, except earnings per share)Three Months Ended Twelve Months Ended Dec 31, 2025Sep 30, 2025Dec 31, 2024 Dec 31, 2025Dec 31, 2024Net income and earnings per share:      Net income$78,948 $59,788 $44,747  $181,272 $195,457 After-tax gain on sale on insurance agency —  —  —   —  38,951 Merger and conversion related expenses (net ...

TUPELO, Miss., Jan. 09, 2026 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2025 fourth quarter results following the NYSE's closing on Tuesday, January 27, 2026. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, January 28, 2026, at 10:00 AM Eastern Time (9:00 AM Central Time). The webcast is accessible through Renasant's investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe ...

Core Viewpoint - Renasant is positioned favorably compared to its competitors in the "State Commercial Banks – Fed Reserve System" industry, demonstrating stronger revenue, profitability, and dividend metrics while trading at a lower price-to-earnings ratio [2][10]. Valuation and Earnings - Renasant reported gross revenue of $1.09 billion and net income of $195.46 million, with a price-to-earnings ratio of 17.77, which is lower than the industry average of 37.62 for its competitors [2]. - Competitors collectively generated $826.72 million in revenue and $104.06 million in net income [2]. Profitability - Renasant's net margin stands at 11.26%, return on equity at 6.99%, and return on assets at 1.01%, outperforming its competitors, which have net margins of 7.23%, return on equity of 6.94%, and return on assets of 0.79% [5]. Analyst Ratings - Renasant has received 1 hold rating and 1 strong buy rating, resulting in a rating score of 3.00, compared to its competitors who have a lower average rating score of 2.50 [7]. - Analysts suggest that Renasant has less favorable growth prospects than its rivals, which have a potential upside of 7.63% [7]. Insider and Institutional Ownership - Institutional investors hold 77.3% of Renasant shares, exceeding the industry average of 72.2%, while insider ownership is at 2.8%, lower than the industry average of 6.7% [8]. Dividends - Renasant pays an annual dividend of $0.92 per share, yielding 2.6%, and has a payout ratio of 46.2%, which is more favorable compared to the industry average dividend yield of 2.3% and payout ratio of 67.3% [9]. Summary - Renasant excels in 10 out of 15 comparative factors against its rivals, indicating a strong competitive position within the industry [10].