Renasant ( (RNST) ) has shared an announcement.
Renasant Corporation’s third quarter of 2024 saw strong earnings, with net income reaching $72.5 million and a significant after-tax gain from the sale of its insurance agency. The company announced a merger with The First Bancshares, which has been approved by shareholders, and launched a $100 million stock repurchase program. Despite a rise in nonperforming loans, Renasant’s financial performance remains robust, reflecting its strategic moves in the financial market.
See more data about RNST stock on TipRanks’ Stock Analysis page.