renasant corp
(RNST:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)
renasant corp (RNST) Snapshot
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Open
$24.61
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Previous Close
$24.56
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Day High
$25.08
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Day Low
$24.46
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52 Week High
05/22/13 - $25.08
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52 Week Low
06/13/12 - $14.66
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Market Cap
626.1M
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Average Volume 10 Days
45.5K
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EPS TTM
$1.12
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Shares Outstanding
25.2M
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EX-Date
03/14/13
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P/E TM
22.2x
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Dividend
$0.68
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Dividend Yield
2.74%
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Related News
renasant corp (RNST) Related Businessweek News
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Renasant Corporation, through its subsidiaries, provides financial, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking accounts, money market accounts, savings accounts, certificates of deposit, individual retirement accounts (IRAs), and health savings accounts, as well as safe deposit and night depository facilities. It also provides real estate construction loans, including loans for the construction of single family residential properties, multi-family properties, and commercial projects; real estate–1-4 family mortgages; real estate–commercial mortgage loans; installment loans to individuals; business and personal loans; and equipment leasing. The Insurance segment provides commercial and personal insurance through carriers. The Wealth Management segment offers fiduciary services, which include administration and management of trust accounts, including personal and corporate benefit accounts, self-directed IRAs, and custodial accounts; administers qualified retirement plans, profit sharing and other employee benefit plans, personal trusts, and estates; and provides annuities, mutual funds, and other investment services through a third party broker-dealer. As of February 28, 2013, the company operated 83 banking and financial services offices in north and north Central Mississippi, Tennessee, north and Central Alabama, and north Georgia. Renasant Corporation was founded in 1904 and is based in Tupelo, Mississippi.
renasant corp (RNST) Top Compensated Officers
renasant corp (RNST) Key Developments
Renasant Corp. reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net income of $7,571,000, or basic and diluted earnings per share of $0.30, as compared to $5,974,000, or diluted per share of $0.24, for the first quarter of 2012. Net interest income was $33.4 million compared to $32.8 million for the first quarter of 2012, and $33.9 million for the fourth quarter of 2012. Income before income taxes was $10,109,000 compared to $7,809,000 a year ago. Return on average shareholders' equity was 6.12% compared to 4.88% a year ago. Return on average assets was 0.73% compared to 0.57% a year ago. Book value per common share as at March 31, 2013 was $19.93 compared to $19.50 as on March 31, 2012. Tangible book value per common share was $12.37 as on March 31, 2013, compared to $11.86 as on March 31, 2012. Net loan charge-offs for the first quarter ended March 31, 2013 were $893,000, compared to $4,964,000 for the last year.
Renasant Corp., Q1 2013 Earnings Call, Apr 24, 2013
Renasant Corp. announced that they will report Q1, 2013 results at 5:00 PM, Eastern Standard Time on Apr 23, 2013
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Industry Analysis
RNST
Industry Average
| Valuation | RNST | Industry Range |
| Price/Earnings | 22.0x |
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| Price/Sales | 3.3x |
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| Price/Book | 1.2x |
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| Price/Cash Flow | 22.0x |
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| TEV/Sales | 1.4x |
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Post a JobJobs
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
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- Wheat Ridge, CO | TruGreen CompaniesPosted: May 21
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To contact RENASANT CORP, please visit www.renasant.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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