Renasant Corp. (RNST)
NYSE:RNST
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Renasant
(NYSE:RNST)
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Rating:69Neutral
Price Target:
$43.00
▲(9.14% Upside)
Action:DowngradedDate: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.
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.
Read all positive and negative factors
Positive Factors
Negative 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.
Read all positive factors
Renasant (RNST) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.71B
Dividend Yield2.47%
Average Volume (3M)727.44K
Price to Earnings (P/E)10.5
Beta (1Y)0.97
Revenue Growth20.26%
EPS Growth-35.00%
CountryUS
Employees2,200
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.83
Shares Outstanding94,142,300
10 Day Avg. Volume595,588
30 Day Avg. Volume727,436
Financial Highlights & Ratios
PEG Ratio-0.50
Price to Book (P/B)0.86
Price to Sales (P/S)2.30
P/FCF Ratio13.99
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue2.75
Enterprise Value/Gross Profit4.74
Enterprise Value/Ebitda15.21
Forecast
1Y Price Target
$43.75Price Target Upside11.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)3.57
Revenue Forecast (FY)$1.13B
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 Ba...
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 com...
Renasant Earnings Call Summary
Earnings Call Date:Feb 03, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 28, 2026
Earnings Call Sentiment Positive
The call conveyed meaningful progress from the recent merger with clear improvements in profitability (EPS +11%, efficiency ratio down ~900 bps, ROTCE and ROA materially higher), quarter-over-quarter operating momentum (higher adjusted ROA/ROTCE, higher NII) and a healthy, diversified production pipeline. Management also emphasized continued expense discipline, capital flexibility (buybacks and debt redemptions), and the ability to invest opportunistically. Offsetting these positives are elevated credit provisions and charge-offs, modest reported loan growth driven by payoffs and a loan sale, continued deposit competition and sticky funding costs, and still-elevated noninterest expense levels. Overall, the positives around improved core profitability, integration benefits, capital flexibility and a strong pipeline outweigh the near-term headwinds and uncertainty, leading to a constructive but cautious outlook.Positive Updates
Material Profitability Improvement Year-over-Year
Adjusted EPS for 2025 was $3.06, representing an 11% increase year-over-year. Adjusted return on assets improved to 1.10% (up ~94 basis points YoY) and adjusted return on tangible common equity rose to 13.79% from 11.5% in 2024 (up ~229 basis points). Adjusted efficiency ratio improved by approximately 900 basis points year-over-year to 57.46%.
Negative Updates
Elevated Credit Costs and Charge-Offs
Recorded a credit loss provision on loans of $10.9 million in Q4 ($5.5M funded loans, $5.4M unfunded commitments). Net charge-offs were $9.1 million in the quarter, which included $2.5 million related to the $117 million loan sale.
Read all updates
Q4-2025 Updates
Positive
Negative
Material Profitability Improvement Year-over-Year
Adjusted EPS for 2025 was $3.06, representing an 11% increase year-over-year. Adjusted return on assets improved to 1.10% (up ~94 basis points YoY) and adjusted return on tangible common equity rose to 13.79% from 11.5% in 2024 (up ~229 basis points). Adjusted efficiency ratio improved by approximately 900 basis points year-over-year to 57.46%.
Read all positive updates
Company Guidance
Renasant guided to mid‑single‑digit loan growth for 2026 and said it expects core noninterest expense to decline roughly $2–3 million in Q1 (with no material merger/conversion expenses expected in Q1), will continue share repurchases (year‑end CET1 was ~11.25% and management aims to finish 2026 near that level by offsetting an expected ~50–60 bps build), and sees net interest margin broadly stable even assuming two 25‑bp cuts (Q4 reported NIM 3.89% and adjusted margin 3.62%), with net interest income dollars expected to grow as the balance sheet expands; management emphasized continuing profitability improvements after 2025 results that included adjusted EPS $3.06 (up 11% YoY), FY adjusted ROA 1.10% (110 bps), adjusted efficiency ratio 57.46%, adjusted ROTCE 13.79% (FY) and Q4 adjusted metrics of $0.91 EPS, 1.29% ROA and 16.18% ROTCE.Renasant Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
70
Positive
Cash Flow
76
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.44B | 1.04B | 909.77M | 691.06M | 695.67M |
| Gross Profit | 878.39M | 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
Positive
39.40
Price Trends
37.83
Positive
36.76
Positive
36.53
Positive
Market Momentum
0.32
Negative
70.08
Negative
87.59
Negative
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 39.4 is above the 20-day moving average (MA) of 36.19, above the 50-day MA of 37.83, and above the 200-day MA of 36.53, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 70.08 is Negative, neither overbought nor oversold. The STOCH value of 87.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RNST.
Renasant Risk Analysis
Renasant disclosed 32 risk factors in its most recent earnings report. Renasant reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Renasant Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $4.07B | 11.58 | 9.15% | 3.02% | 5.63% | 65.11% | |
69 Neutral | $3.71B | 10.54 | 5.10% | 2.47% | 20.26% | -35.00% | |
69 Neutral | $4.20B | 9.05 | 11.60% | 3.52% | 9.60% | 20.38% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $4.46B | 12.34 | 9.30% | ― | 5.19% | 3454.95% | |
64 Neutral | $3.89B | 17.62 | 6.21% | 3.05% | 11.05% | -10.78% | |
54 Neutral | $4.92B | 44.96 | 2.29% | 2.72% | -1.18% | -89.13% |
* Financial Sector Average
RNST
Renasant
39.40
12.28
45.28%
FULT
Fulton Financial
21.54
6.47
42.90%
INDB
Independent Bank
79.62
27.14
51.71%
TCBI
Texas Capital Bancshares
100.79
37.34
58.85%
UCB
United Community Banks
33.99
10.91
47.29%
EBC
Eastern Bankshares
20.83
6.80
48.48%
Renasant Corporate Events
Business Operations and StrategyStock BuybackFinancial Disclosures
Renasant posts solid Q4 2025 results, optimizes balance sheet
Positive
Feb 3, 2026
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 t...
Business Operations and StrategyStock BuybackFinancial DisclosuresM&A Transactions
Renasant posts stronger Q4 2025 results amid merger
Positive
Jan 27, 2026
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 Banc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.