Renasant ( (RNST) ) just unveiled an update.
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.
More about Renasant
Renasant Corporation operates in the financial services industry, offering a range of products including consumer finance, commercial finance, asset management, retail banking, factoring, mortgage lending, and auto lending. The company focuses on expanding its market presence through strategic acquisitions, such as its recent merger with The First Bancshares, Inc.
YTD Price Performance: -21.42%
Average Trading Volume: 940,144
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.65B
For an in-depth examination of RNST stock, go to TipRanks’ Stock Analysis page.