Renasant (RNST) AI Stock Analysis

• Market Cap: $3.36B
• Dividend Yield: 2.47%
• Average Volume (3M): 774.45K
• Price to Earnings (P/E): 10.5
• Beta (1Y): 0.96
• Revenue Growth: 20.26%
• EPS Growth: -35.00%
• Country: US
• Employees: 2,200
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.83
• Shares Outstanding: 94,142,300
• 10 Day Avg. Volume: 792,933
• 30 Day Avg. Volume: 774,453
• PEG Ratio: -0.50
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 2.47
• P/FCF Ratio: 13.99
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 2.51
• Enterprise Value/Gross Profit: 4.33
• Enterprise Value/Ebitda: 13.89
• 1Y Price Target: $44.00
• Price Target Upside: 23.32% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 3.59
• Revenue Forecast (FY): $1.13B

• Rating: 69 Neutral
• Price Target: $43.00 ▲(20.52% Upside)
• Action: Downgraded Date: 03/03/26
• Date: Action: Downgraded 03/03/26

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.

Positive Factors

Improved cash generation

Material improvement in operating cash flow to ~$271M and strong free cash flow coverage (1.0x of net income) provides durable internal liquidity. This supports reinvestment, margin cushioning, share repurchases and provisioning without overreliance on external financing over the medium term.

Scale and capital flexibility

Larger balance sheet scale with ~$26.8B assets and ~ $3.9B equity, plus CET1 near 11.25%, gives structural capacity to support diversified loan production, absorb credit volatility, and execute buybacks or debt reductions while maintaining regulatory buffers over the next several quarters.

Sustained integration-driven efficiency gains

Post-merger integration has driven measurable and durable efficiency improvements—an ~900bp efficiency ratio improvement and higher adjusted EPS and ROTCE—indicating operating leverage that can persist as run-rate cost saves and branch consolidations normalize, improving sustainable profitability.

Negative Factors

Compression in core margins

A meaningful step-down in net margin (from ~18.8% to ~13.5%) reflects structural pressure from funding costs, elevated noninterest expenses, and mix shifts. Unless margins re-expand, lower profitability on a larger balance sheet will restrain ROE and the pace of capital returns over the medium term.

Elevated credit costs and charge-offs

Persistently elevated provisions and quarterly charge-offs increase earnings volatility and can erode capital if sustained. Declining allowance coverage (1.54% of loans) and recent loan-sale related charge-offs point to asset-quality volatility that could constrain lending appetite and capital deployment over coming quarters.

Funding competition and elevated expense base

Ongoing deposit competition and sticky special rates exert structural pressure on funding costs and NIMs. Coupled with a still-elevated noninterest expense run-rate ( ~$160M ex-merger Q4), this limits margin recovery and requires sustained expense discipline to restore prior profitability levels over the medium term.

Renasant Business Overview & Revenue Model

Company Description

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services. The Insurance segment provides insurance agency services, such as commercial and personal insurance products through insurance carriers. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. As of December 31, 2021, the company operated a network of 189 banking, lending, and mortgage offices located in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee; 150 full-service branches and 11 limited-service branches; 173 ATMs; and 38 interactive teller machines. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.

How the Company Makes Money

Renasant generates revenue through several key streams. The primary source is net interest income, which comes from the difference between interest earned on loans and interest paid on deposits. The bank offers various loan products, including commercial loans, consumer loans, and mortgage loans, which contribute significantly to this income. Additionally, Renasant earns non-interest income through fees for services such as account maintenance, ATM usage, and wealth management services. The company also benefits from its mortgage origination and servicing activities. Strategic partnerships with other financial institutions and service providers enhance its product offerings and customer reach, further supporting its revenue generation.

Renasant Financial Statement Overview

Summary

Fundamentals are healthy but mixed: revenue growth re-accelerated in 2025 (+9.5%) and operating/free cash flow improved materially, while profitability efficiency weakened (net margin and net income down YoY) and ROE fell as the balance sheet grew and leverage ticked higher.

Income Statement

Revenue growth accelerated meaningfully in the most recent year (2025: +9.5% vs. 2024: ~+0.1%), showing improved top-line momentum. Profitability remains solid, but margins have compressed versus prior years (net margin fell to ~13.5% in 2025 from ~18.8% in 2024; operating margin also stepped down), indicating higher costs, funding pressure, or mix headwinds. Net income is still strong, but it declined year over year in 2025 (from $195M to $181M), suggesting the growth is not yet translating into higher earnings.

Balance Sheet

Leverage looks manageable with debt-to-equity at ~0.27 in 2025, still reasonable despite rising from ~0.20 in 2024 as total debt increased. Equity and assets expanded materially (equity to ~$3.9B; assets to ~$26.8B), supporting balance-sheet scale, but returns softened: return on equity declined to ~4.7% in 2025 from ~7.3% in 2024, pointing to weaker profitability on a larger capital base. Overall, the balance sheet appears sound, but the recent step-down in returns and higher debt load are the key watch items.

Cash Flow

Cash generation improved with operating cash flow rising to ~$271M in 2025 from ~$129M in 2024, and free cash flow also higher (with 2025 free cash flow matching operating cash flow). Free cash flow relative to net income is strong (1.0x in 2025; ~0.89x in 2024), suggesting earnings are well-supported by cash. However, free cash flow growth has been volatile over the period (declines in 2023 and 2020 offset by very strong years like 2022 and 2025), which adds some variability to the cash-flow profile.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.35B	1.04B	909.77M	691.06M	695.67M
Gross Profit	779.27M	653.18M	616.19M	606.68M	653.15M
EBITDA	242.94M	277.25M	212.42M	254.05M	270.18M
Net Income	181.27M	195.46M	144.68M	166.07M	175.89M
Balance Sheet
Total Assets	26.75B	18.03B	17.36B	16.99B	16.81B
Cash, Cash Equivalents and Short-Term Investments	1.07B	1.92B	1.72B	2.11B	4.26B
Total Debt	1.06B	538.63M	736.98M	1.14B	485.16M
Total Liabilities	22.87B	15.36B	15.06B	14.85B	14.60B
Stockholders Equity	3.88B	2.68B	2.30B	2.14B	2.21B
Cash Flow
Free Cash Flow	237.75M	115.78M	126.92M	559.21M	122.14M
Operating Cash Flow	271.47M	129.43M	148.55M	574.04M	142.66M
Investing Cash Flow	-734.02M	-298.04M	-55.40M	-2.04B	-660.00M
Financing Cash Flow	441.24M	459.30M	132.21M	167.64M	1.76B

Renasant Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 35.68
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RNST, the sentiment is Negative. The current price of 35.68 is below the 20-day moving average (MA) of 38.22, below the 50-day MA of 38.09, and below the 200-day MA of 36.60, indicating a bearish trend. The MACD of -0.81 indicates Positive momentum. The RSI at 33.43 is Neutral, neither overbought nor oversold. The STOCH value of 19.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RNST.

Renasant Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UCB	78 Outperform	$3.58B	11.58	9.15%	3.02%	5.63%	65.11%
FULT	70 Outperform	$3.53B	9.05	11.71%	3.52%	9.60%	20.38%
RNST	69 Neutral	$3.36B	10.54	5.10%	2.47%	20.26%	-35.00%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
INDB	65 Neutral	$3.66B	17.62	6.21%	3.05%	11.05%	-10.78%
TCBI	65 Neutral	$4.07B	12.34	9.30%	―	5.19%	3454.95%
EBC	54 Neutral	$4.45B	44.96	2.22%	2.72%	-1.18%	-89.13%

Renasant Corporate Events

Renasant posts solid Q4 2025 results, optimizes balance sheet

Renasant Corporation reported fourth-quarter 2025 net income of $78.9 million, equivalent to diluted EPS of $0.83 and adjusted diluted EPS of $0.91, supported by a net interest margin of 3.89% and an adjusted net interest margin of 3.62%. During the quarter, loans inched up $21.5 million on an annualized basis despite the sale of about $117.3 million of non-core loans acquired in the merger with The First Bancshares, while deposits rose $48.5 million, with noninterest-bearing balances declining to 23.5% of total deposits as the cost of total deposits fell 17 basis points to 1.97%. Credit quality metrics remained relatively stable, with the allowance for credit losses on loans at 1.54% of total loans, nonperforming loans at 0.92% and criticized loans down to 2.94%, as the company also redeemed $60 million of subordinated notes obtained in the First Bancshares merger and repurchased $13.2 million of its common stock, decisions that collectively signal active balance-sheet optimization and capital management amid a competitive and risk-conscious banking environment.

The most recent analyst rating on (RNST) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Renasant stock, see the RNST Stock Forecast page.

Renasant posts stronger Q4 2025 results amid merger

On January 27, 2026, Renasant Corporation reported fourth-quarter 2025 net income of $78.9 million, or $0.83 in diluted earnings per share, including $10.6 million in merger and conversion-related expenses tied to its integration of The First Bancshares, while adjusted diluted EPS rose to $0.91, reflecting improved profitability and cost control. Net interest income grew to $232.4 million with a higher net interest margin and a lower cost of deposits, noninterest income increased partly due to the exit of certain low-income housing tax credit partnerships, and noninterest expenses declined as merger-related costs eased and branch consolidations generated gains. The balance sheet showed modest loan growth despite the sale of $117.3 million of non-core acquired loans, higher securities holdings, and a linked-quarter increase in total deposits, while book value and tangible book value per share improved and the company continued to return capital through $13.2 million of share repurchases and the redemption of $60 million in subordinated notes. Credit quality metrics were generally stable with a small uptick in nonperforming loans, higher provision for unfunded commitments, and net charge-offs influenced by the sale of acquired loans, leaving allowance coverage robust as management emphasized steady integration progress, balance sheet growth on both sides, and what it sees as solid positioning for further growth in 2026.

The most recent analyst rating on (RNST) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Renasant stock, see the RNST Stock Forecast page.