Renasant and The First Announce Receipt of Regulatory Approvals for Merger

Core Viewpoint - Renasant Corporation and The First Bancshares, Inc. have received all necessary regulatory approvals to complete their merger, which is expected to close on April 1, 2025, creating a financial services institution with approximately $26 billion in assets and over 250 locations across the Southeast [1][2]. Company Overview - Renasant Corporation is the parent of Renasant Bank, a financial services institution with approximately $18 billion in assets and 186 locations throughout 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]. Merger Details - The merger will involve The First being merged into Renasant, along with The First's wholly owned subsidiary, The First Bank, merging into Renasant Bank [1]. - The merger is anticipated to create a stronger financial services entity with enhanced capabilities in factoring and asset-based lending on a nationwide basis [2].