Renasant Corp. (RNST)
NYSE:RNST
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.92Last Year’s EPS
0.01Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed a constructive and confident tone: the company reported strong profitability gains (notably EPS up 41%, improved ROA/ROTCE and a materially better efficiency ratio), solid deposit inflows, a well-capitalized balance sheet, active share buybacks, and targeted hiring to drive future growth. Offsetting items include a modest loan contraction in Q1, slight NIM and net interest income pressure, some volatility in nonperforming loans, and seasonal/public-fund-driven deposit growth. Management reiterated a mid-single-digit loan and deposit growth target and emphasized optionality via capital, reserves, and hiring discipline.Company Guidance
Strong Adjusted EPS and Profitability Improvement
Adjusted earnings per share of $0.93 in Q1, a 41% year-over-year increase; adjusted return on assets improved from 95 bps (0.95%) to 133 bps (1.33%); adjusted return on tangible equity rose from 10.3% to 16.3%.
Efficiency Ratio Materially Improved
Efficiency ratio improved to 55.7% from 65.5% year over year, an improvement of 980 basis points, reflecting realized cost savings and integration benefits.
Deposit Inflows and Funding Cost Relief
Deposits increased $626.4 million linked-quarter (11.8% annualized); adjusted total cost of deposits decreased 3 basis points to 1.94%.
Stable Net Interest Margin
Reported net interest margin modestly decreased by 2 basis points to 3.87%; adjusted margin decreased 1 basis point to 3.61%, with management guidance calling for a stable core NIM for the balance of 2026 absent rate cuts.
Capital Position and Share Buybacks
All regulatory capital ratios remain above well-capitalized minimums (CET1 ~11.25% at start of year); company remained active with share repurchases in Q1 and early Q2 and intends to continue buybacks within capital guardrails.
Loan-Lite Balance Sheet Provides Deployment Capacity
Securities portfolio roughly $4 billion (about $1 billion above the comfortable level), providing capacity to fund future loan growth; management expects to deploy securities into loans as loan growth resumes.
Expenses Trending Down Excluding One-Time Items
Adjusted pre-provision net revenue of $118.3 million; noninterest expense was $155.3 million in Q1 and excluding prior-quarter merger/conversion charges showed a linked-quarter decrease of $4.9 million, indicating realized cost saves.
Talent Acquisition and Revenue Producer Hiring
Headcount reduced by ~450 FTEs since mid-2024 (to ~2,950 as of 3/31) while continuing to hire revenue-producing talent: 18 revenue producers added in Q1 (plus 6 in Q4 and 9 in Q3), positioning the firm for organic growth.
Fee Income Opportunities and Mortgage/SBA Strength
Noninterest income of $50.3 million with strong SBA loan sale performance and a good mortgage quarter in Q1; management expects modest upside in fee income from SBA, mortgage when rates cooperate, capital markets as production converts to loans, and wealth management expansion.
RNST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RNST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $39.92 | $39.82 | -0.25% |
Feb 03, 2026 | $38.18 | $40.46 | +5.96% |
Oct 28, 2025 | $34.58 | $33.26 | -3.83% |
Jul 22, 2025 | $37.34 | $36.33 | -2.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Renasant Corp. (RNST) report earnings?
Renasant Corp. (RNST) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Renasant Corp. (RNST) earnings time?
Renasant Corp. (RNST) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RNST EPS forecast?
RNST EPS forecast for the fiscal quarter 2026 (Q2) is 0.92.