Renasant (RNST) AI Stock Analysis

• Market Cap: $3.38B
• Dividend Yield: 2.53%
• Average Volume (3M): 951.37K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.10
• Revenue Growth: 13.04%
• EPS Growth: 31.39%
• Country: US
• Employees: 2,200
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 0.65
• Shares Outstanding: 95,010,430
• 10 Day Avg. Volume: 547,244
• 30 Day Avg. Volume: 951,374
• PEG Ratio: 1.69
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $42.25
• Price Target Upside: 21.76% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 71 Outperform
• Price Target: ―

Renasant's strong financial performance and favorable valuation are key strengths, supported by positive merger outcomes and leadership changes. However, technical indicators suggest cautious momentum, and economic uncertainty poses a risk to sustained growth.

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 Corporation generates revenue primarily through interest income from its lending activities and non-interest income from fees and other financial services. The company earns interest income by providing various loans, including commercial, real estate, and consumer loans, which are funded by customer deposits and other borrowings. Non-interest income is derived from service charges, mortgage banking, investment advisory, and wealth management fees. Renasant also benefits from its strategic partnerships with other financial service providers, which enhance its product offerings and contribute to its earnings.

Renasant Financial Statement Overview

Summary

Renasant exhibits strong revenue growth and improved profitability margins. The balance sheet is solid with effective debt management, but cash flow concerns and missing operational margin data warrant attention.

Income Statement

Renasant exhibits strong revenue growth, particularly from 2023 to 2024, with a revenue increase of about 40%. The net profit margin improved significantly from 22.9% in 2023 to 22% in 2024, indicating enhanced profitability. However, EBIT and EBITDA margins were not available for 2024, which slightly limits the comprehensive assessment of operational efficiency.

Balance Sheet

The balance sheet reveals a healthy equity ratio of 14.9% in 2024, suggesting a solid capital position. The debt-to-equity ratio improved from 0.32 in 2023 to 0.20 in 2024, demonstrating effective debt management. Despite these strengths, there is a slight decline in cash reserves, which could be a potential risk if not managed carefully.

Cash Flow

The company's cash flow analysis shows a decline in operating cash flow from 2023 to 2024. However, the free cash flow remained steady, indicating efficient capital expenditure management. The operating cash flow to net income ratio was relatively low at 0.66, suggesting potential room for improvement in cash generation relative to earnings.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
887.78M	631.78M	630.55M	650.99M	660.29M
	Gross Profit
887.78M	797.32M	630.55M	650.99M	660.29M
	EBIT
-652.83M	195.92M	271.82M	222.83M	103.49M
	EBITDA
0.00	197.45M	254.05M	266.00M	138.12M
	Net Income Common Stockholders
195.46M	144.68M	166.07M	175.89M	83.65M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.03B	1.13B	2.11B	4.26B	1.98B
	Total Assets
18.03B	17.36B	16.99B	16.81B	14.93B
	Total Debt
538.63M	729.40M	1.14B	485.16M	474.97M
	Net Debt
340.22M	-71.95M	564.37M	-1.39B	-158.23M
	Total Liabilities
15.36B	15.06B	14.85B	14.60B	474.97M
	Stockholders Equity
2.68B	2.30B	2.14B	2.21B	2.13B
Cash Flow		Free Cash Flow
129.43M	126.92M	559.21M	122.14M	53.97M
	Operating Cash Flow
129.43M	148.55M	574.04M	142.66M	82.24M
	Investing Cash Flow
-298.04M	-55.40M	-2.04B	-660.00M	-1.27B
	Financing Cash Flow
459.30M	132.21M	167.64M	1.76B	1.40B

Renasant Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 34.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RNST, the sentiment is Positive. The current price of 34.7 is above the 20-day moving average (MA) of 34.07, above the 50-day MA of 32.69, and above the 200-day MA of 34.20, indicating a bullish trend. The MACD of 0.98 indicates Negative momentum. The RSI at 57.68 is Neutral, neither overbought nor oversold. The STOCH value of 50.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RNST.

Renasant Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UCB	81 Outperform	$3.47B	13.55	7.64%	3.35%	6.73%	37.84%
FBP	77 Outperform	$3.37B	11.32	18.55%	3.24%	4.84%	4.75%
WSFS	72 Outperform	$3.11B	12.31	10.25%	1.13%	5.14%	―
RNST	71 Outperform	$3.38B	11.10	7.83%	2.53%	13.04%	31.39%
FULT	70 Outperform	$3.14B	10.14	10.60%	4.05%	21.38%	5.62%
FHB	66 Neutral	$2.97B	12.85	9.11%	4.42%	-0.47%	5.97%
Sector *	64 Neutral	$12.66B	9.79	7.67%	17015.07%	12.23%	-6.06%

Renasant Corporate Events

Renasant Announces New CEO and Leadership Transition

On May 1, 2025, Renasant Corporation announced a leadership transition as part of its long-term succession plan. Kevin D. Chapman has taken over as Chief Executive Officer and President of both Renasant Corporation and Renasant Bank, succeeding C. Mitchell Waycaster, who will continue as Executive Vice Chairman. This change is expected to guide Renasant towards future success, leveraging Chapman’s extensive experience in the financial services industry.

Spark’s Take on RNST Stock

According to Spark, TipRanks’ AI Analyst, RNST is a Outperform.

Renasant’s stock score is supported by strong financial growth and attractive valuation. The successful merger and positive earnings call provide a favorable outlook. However, technical indicators show bearish momentum, and economic uncertainty could impact future performance.

To see Spark’s full report on RNST stock, click here.

Renasant Completes Merger with The First Bancshares

On April 22, 2025, Renasant Corporation announced its earnings for the first quarter of 2025, reporting a net income of $41.5 million and a diluted EPS of $0.65. The company completed its merger with The First Bancshares, Inc. on April 1, 2025, which is expected to enhance its profitability and operational reach in attractive banking markets. The merger added significant assets, loans, and deposits to Renasant’s portfolio, positioning the company for accelerated growth. The report highlighted improvements in net interest income, noninterest income, and credit quality, while also noting a decrease in noninterest expenses.

Spark’s Take on RNST Stock

According to Spark, TipRanks’ AI Analyst, RNST is a Neutral.

Renasant’s overall stock score reflects strong financial performance and a favorable valuation offset by weak technical indicators. The positive guidance from the latest earnings call and anticipated merger benefits provide a solid outlook, though caution is warranted due to technical weaknesses and cash flow concerns.

To see Spark’s full report on RNST stock, click here.

Renasant Completes Merger with The First Bancshares

On April 1, 2025, Renasant Corporation completed its merger with The First Bancshares, Inc., with Renasant continuing as the surviving corporation. The merger also involved the integration of The First Bank into Renasant Bank. As a result of the merger, Renasant assumed subordinated debentures and notes totaling $133,786,000 and expanded its board of directors to include members from The First. The transition in leadership will see Kevin D. Chapman assume the role of CEO, while E. Robinson McGraw will resign as an officer but remain Chairman of the Board. The integration of The First’s operations is expected to be completed by early August 2025.

Renasant Corporation to Present at 2025 Investor Conferences

Renasant Corporation will present to investors at various conferences in early 2025, sharing materials related to their operations and financial outlook. The company emphasizes caution regarding forward-looking statements, citing risks such as integration challenges from its proposed merger with The First Bancshares, Inc., economic conditions, and regulatory changes, which could impact its future performance and stakeholder interests.