Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, and fiduciary services to retail and commercial customers. The company operates in two segments, Community Banks and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and factoring 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 estate1-4 family mortgage; real estatecommercial mortgage; real estateconstruction 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 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. It also provides annuities, mutual funds, and other investment services through a third-party broker-dealer; administrative and compliance services; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates, as well as administrative and compliance services for certain mutual funds. The company was founded in 1904 and is based in Tupelo, Mississippi.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $986M | - | $181M | $238M | 4.7% | 48.8% | -7.3% |
| 2024 | $662M | - | $195M | $93M | 7.3% | 4.9% | 35.1% |
| 2023 | $632M | - | $145M | $127M | 6.3% | 0.2% | -12.9% |
| 2022 | $631M | - | $166M | $559M | 7.8% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 630.55 | 631.78 | 662.45 | 985.85 |
| Pretax Income | - | 211.31 | 177.19 | 244.96 | 226.73 |
| Tax Provision | - | 45.24 | 32.51 | 49.51 | 45.46 |
| Net Income | - | 166.07 | 144.68 | 195.46 | 181.27 |
| Net Income Common Stockholders | - | 166.07 | 144.68 | 195.46 | 181.27 |
| Interest Expense | - | 60.51 | 277.99 | 375.58 | 458.29 |
| Interest Income | - | 541.81 | 797.32 | 887.78 | 1,262.26 |
| Selling General And Administration | - | 275.98 | 296.49 | 299.98 | 386.92 |
| Normalized Income | - | 168.05 | 144.17 | 163.50 | 220.71 |
| Market Cap | 3,704.50 | 3,704.50 | 3,704.50 | 3,704.50 | 3,704.50 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Renasant Corporationthis co. | RNST | - | 20.44↑ premium | 0.95 | 4.7% | - |
| Seacoast Banking Corporation of Florida | SBCF | $2.8B | 21.13 | 1.13 | 5.3% | - |
| Merchants Bancorp | MBIN | $2.8B | 10.29 | 1.30 | 12.6% | - |
| Artisan Partners Asset Management Inc. | APAM | $2.7B | 9.24 | 6.11 | 66.2% | 5.40 |
| The Bancorp, Inc. | TBBK |
| - |
| - |
| - |
| - |
| - |
| $2.6B |
| 10.71 |
| 3.54 |
| 33.1% |
| - |
| Acadian Asset Management Inc. | AAMI | $2.5B | 30.27 | 39.96 | 132.0% | 14.22 |
| WisdomTree, Inc. | WT | $2.3B | 21.24 | 5.60 | 26.4% | 16.65 |
| Hilltop Holdings Inc. | HTH | $2.3B | 12.95 | 0.99 | 7.6% | - |
| Stewart Information Services Corporation | STC | $2.0B | 18.87 | 1.33 | 7.0% | - |
| Peer Median | - | 15.91 | 2.44 | 19.5% | 14.22 | |