Renasant Corp. Reports Strong Q4 Earnings, Surpassing Estimates

Tupelo, MS - Renasant Corp. (RNST) announced its fourth-quarter financial results on Tuesday, reporting earnings of $44.7 million, or 70 cents per share. Adjusted for non-recurring items, earnings per share reached 73 cents.

These results exceeded analysts' expectations, with Zacks Investment Research's survey of three analysts forecasting earnings of 61 cents per share. Revenue for the quarter was $259.6 million, with net interest income of $167.1 million, also surpassing Street estimates of $165.4 million.

For the full year, Renasant Corp. recorded a profit of $195.5 million, or $3.27 per share, on revenue of $715.9 million.