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The latest update is out from Renasant ( (RNST) ).
Effective March 11, 2026, Renasant Bank amended the employment agreement of senior executive M. Ray (Hoppy) Cole, Jr., shifting his eligibility under the Performance Based Rewards Plan from off-cycle performance periods to a standard calendar-year basis in line with other top executives. The change includes a 75% prorated cash bonus opportunity for calendar year 2025, reflecting his nine months of service that year after joining in April 2025.
The amendment also grants Cole, if he remains employed through the April 1, 2027 expiration of his agreement and then departs, a PBRP payment equal to 25% of his target award for three months of service in 2027, while continued employment beyond that date would qualify him for a full calendar-year 2027 bonus on terms consistent with other senior leaders. All other material terms of Cole’s contract remain unchanged, underscoring that the adjustment is focused specifically on harmonizing his bonus structure with Renasant’s broader executive compensation framework.
The most recent analyst rating on (RNST) stock is a Hold with a $43.00 price target. To see the full list of analyst forecasts on Renasant stock, see the RNST Stock Forecast page.
Spark’s Take on RNST Stock
According to Spark, TipRanks’ AI Analyst, RNST is a Neutral.
The score is driven mainly by solid (but not accelerating) financial performance and a constructive earnings-call outlook centered on stable margins, expense discipline, and capital returns, partially offset by profitability/ROE pressure and neutral technical momentum.
To see Spark’s full report on RNST stock, click here.
More about Renasant
Renasant Bank, a wholly owned subsidiary of Renasant Corporation, operates as a regional banking institution providing financial services and products to customers, with senior executive officers participating in a structured annual cash bonus program under its Performance Based Rewards Plan. The bank aligns its executive compensation practices across leadership to support consistent incentive structures and retention of key management personnel.
Average Trading Volume: 706,833
Technical Sentiment Signal: Buy
Current Market Cap: $3.36B
For an in-depth examination of RNST stock, go to TipRanks’ Overview page.