Renasant (RNST) AI Stock Analysis

• Market Cap: $3.62B
• Dividend Yield: 2.31%
• Average Volume (3M): 569.16K
• Price to Earnings (P/E): 15.0
• Beta (1Y): 1.10
• Revenue Growth: 21.87%
• EPS Growth: -3.27%
• Country: US
• Employees: 2,200
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): 0.01
• Shares Outstanding: 95,019,325
• 10 Day Avg. Volume: 610,896
• 30 Day Avg. Volume: 569,163
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 5.35
• Enterprise Value/Gross Profit: 6.62
• Enterprise Value/Ebitda: 14.53
• 1Y Price Target: $43.00
• Price Target Upside: 12.80% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 78 Outperform
• Price Target: $42.00 ▲(10.18% Upside)

Renasant's overall stock score is driven by its strong financial performance and positive earnings call, highlighting successful merger integration and financial growth. The technical analysis suggests a neutral market position, while the valuation is fair. The company's strategic positioning and operational efficiency improvements are significant strengths.

Renasant Business Overview & Revenue Model

Company Description

Renasant Corporation (RNST) is a regional financial services holding company based in Tupelo, Mississippi. It operates through its banking subsidiary, Renasant Bank, which offers a wide range of banking products and services, including personal and business banking, commercial lending, mortgage banking, and wealth management. Renasant primarily serves customers in the southeastern United States, focusing on providing tailored financial solutions to both individuals and businesses.

How the Company Makes Money

Renasant generates revenue through multiple key streams, primarily through net interest income and non-interest income. Net interest income is earned from the difference between the interest income generated from loans and the interest expense on deposits and other borrowings. The company offers various loan products, including commercial loans, consumer loans, and residential mortgages, which contribute significantly to its interest income. Additionally, Renasant earns non-interest income through fees for services such as asset management, trust services, and transaction fees related to deposit accounts. The bank's strategic partnerships and community-focused approach enhance customer loyalty, driving growth in deposits and loans, which are crucial for its revenue generation. Moreover, Renasant's expansion efforts and acquisitions can also play a significant role in increasing its overall earnings.

Renasant Financial Statement Overview

Summary

Renasant's strong revenue growth and improved net profit margins indicate robust financial health, despite limitations in operational margin data and a decline in operating cash flow.

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	662.45M	797.32M	696.54M	695.67M	731.62M
Gross Profit	653.18M	616.19M	606.68M	650.99M	573.44M
EBITDA	277.25M	212.42M	254.05M	270.18M	138.12M
Net Income	195.46M	144.68M	166.07M	175.89M	83.65M
Balance Sheet
Total Assets	18.03B	17.36B	16.99B	16.81B	14.93B
Cash, Cash Equivalents and Short-Term Investments	1.03B	1.13B	1.73B	4.26B	1.98B
Total Debt	530.61M	729.40M	1.13B	471.21M	474.97M
Total Liabilities	15.36B	15.06B	14.85B	14.60B	12.80B
Stockholders Equity	2.68B	2.30B	2.14B	2.21B	2.13B
Cash Flow
Free Cash Flow	115.78M	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: 38.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 38.12 is above the 20-day moving average (MA) of 36.87, above the 50-day MA of 36.72, and above the 200-day MA of 35.23, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 54.72 is Neutral, neither overbought nor oversold. The STOCH value of 90.96 is Negative, 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
FBP	80 Outperform	$3.45B	11.45	18.38%	3.16%	3.10%	3.14%
RNST	78 Outperform	$3.62B	15.05	5.21%	2.31%	21.87%	-3.27%
WSFS	77 Outperform	$3.13B	12.26	10.32%	1.14%	0.30%	1.46%
FHB	77 Outperform	$3.12B	12.95	9.40%	4.15%	-2.56%	12.05%
FULT	72 Outperform	$3.42B	11.00	10.08%	3.78%	17.61%	1.89%
UCB	70 Outperform	$3.83B	14.33	7.81%	3.04%	3.00%	42.78%
Sector *	65 Neutral	£5.47B	8.78	9.49%	5.10%	10.05%	-13.15%

Renasant Corporate Events

Renasant Reports Q2 2025 Earnings Post-Merger Completion

On July 22, 2025, Renasant Corporation announced its earnings for the second quarter of 2025, highlighting the completion of its merger with The First Bancshares, Inc. on April 1, 2025. The merger significantly impacted Renasant’s financials, with net income reported at $1.0 million, including substantial merger-related expenses and acquisition provisions. The merger contributed to increased net interest income and noninterest income, as well as organic growth in loans and deposits. Despite a decrease in book value per share due to the merger, the company reported progress in integrating the acquired operations and achieving cost savings.

The most recent analyst rating on (RNST) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Renasant stock, see the RNST Stock Forecast page.

Renasant Highlights Q1 2025 Financial Performance

Renasant Corporation announced its participation in investor conferences in the first quarter of 2025, highlighting its financial performance and strategic initiatives. The company reported a net income of $41.5 million and noted increases in loans and deposits, while also addressing potential risks and uncertainties related to its operations and market conditions.

The most recent analyst rating on (RNST) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Renasant stock, see the RNST Stock Forecast page.