Renasant and The First Announce Receipt of Regulatory Approvals for Merger
Newsfilter·2025-03-17 11:00

Core Points - Renasant Corporation and The First Bancshares, Inc. have received all necessary regulatory approvals to complete their proposed merger, which includes merging The First Bank into Renasant Bank [1][2] - The merger is expected to close on April 1, 2025, and will create a financial services institution with approximately $26 billion in assets and over 250 locations in the Southeast [2][3] - The merger aims to create a transformative partnership that enhances service offerings and unlocks new possibilities for both organizations [2][3] Company Overview - Renasant Corporation is the parent company of Renasant Bank, which has approximately $18 billion in assets and operates 186 banking and financial service offices in the Southeast [3] - The First Bancshares, Inc. is headquartered in Hattiesburg, Mississippi, and operates in multiple states including Mississippi, Louisiana, Alabama, Florida, and Georgia [4]