Renasant Corporation (RNST) is a publicly traded company in the Financial Services — Banks - Regional industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Renasant Corporation acts as the parent bank holding company for Renasant Bank, delivering a full spectrum of financial, wealth management, fiduciary, and insurance services to both individual consumers and business clients. Its operations are organized into three primary segments: Community Banks, Insurance, and Wealth Management.
Analysis Summary
Renasant Corporation reported revenue of $1.44B in the most recent fiscal year, growing at a 5-year CAGR of 14.6%. Net income reached $181.3M, with a 16.7% 5-year CAGR.
Trailing-twelve-month margins: gross margin 58.8%, operating margin 13.8%, net margin 25.2%. Free cash flow grew at 34.5% CAGR over 5 years.
At the current price of $40.77, RNST trades at a P/E of 12.06 and an ROE of 8.13%. Market capitalisation stands at $3.7B.
Balance sheet quality for RNST: current ratio of 1.9, net cash position of $15.2M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is strong: free cash flow of $237.8M represents 131% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $40.77 |
| Market Cap | $3.7B |
| Exchange | NYSE |
| Country | US |
Valuation Ratios
| P/E Ratio | 12.06 |
| Price / Book | 0.97 |
| EV / EBITDA | 22.51 |
| Dividend Yield | 2.32% |
Profitability
| Return on Equity | 8.13% |
| Return on Invested Capital | 2.41% |
| Return on Assets | 1.16% |
| Gross Margin | 58.82% |
| Operating Margin | 13.79% |
| Net Margin | 25.17% |
Financial Health
| Debt / Equity | 0.29 |
| Current Ratio | 11.81 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 0.26 |
What to look at in Banking companies
- Efficiency Ratio (<=55%) — Operating expenses / revenue. Top banks below 55%.
- ROA (>=1%) — How much they earn per dollar of assets. ROE misleads in banks due to leverage.
- ROTCE (>=12%) — Return on Tangible Common Equity. Strips goodwill and intangibles.
- Equity / Assets (Tier 1 proxy) (>=8%) — Capital ratio proxy. FMP does not expose regulatory Tier 1 directly.
- P/B (1.0-1.5x) — Classic banking metric. <1x can be opportunity or distress.
- Sustainable dividend yield (>=2%, <8%) — EU banks pay 5-7% normally. >8% is distress signal.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| RNST | Renasant Corporation | $3.7B | 12.06 | 0.97 | 8.1% |
| FULT | Fulton Financial Corporation | $4.5B | 11.36 | 1.17 | 11.2% |
| CATY | Cathay General Bancorp | $4.2B | 12.13 | 1.37 | 11.7% |
| FIBK | First Interstate BancSystem, Inc. | $3.7B | 11.50 | 1.09 | 9.6% |
| FHB | First Hawaiian, Inc. | $3.1B | 11.04 | 1.11 | 10.3% |
| ASB | Associated Banc-Corp | $5.6B | 10.26 | 0.99 | 9.9% |
| FBP | First BanCorp. | $4.2B | 11.76 | 2.18 | 19.0% |
| BKU | BankUnited, Inc. | $3.2B | 12.32 | 1.13 | 9.0% |
Price Performance
| 1 month | -4.86% |
| 3 months | -2.78% |
| Year-to-date | +15.08% |
| 1 year | +7.39% |
| 3 years | +56.73% |
52-Week Range
| 52-week High | $44.54 |
| 52-week Low | $33.04 |
| Avg Volume (90d) | 676K |
Dividend History
| Date | Amount | Yield |
|---|---|---|
| 2026-09-16 | $0.2400 | 2.35% |
| 2026-06-16 | $0.2400 | 2.35% |
| 2026-03-17 | $0.2300 | 2.26% |
| 2025-12-18 | $0.2300 | 2.26% |
| 2025-09-16 | $0.2200 | 2.16% |
| 2025-06-16 | $0.2200 | 2.16% |
| 2025-03-17 | $0.2200 | 2.16% |
| 2024-12-18 | $0.2200 | 2.16% |
| 2024-09-16 | $0.2200 | 2.16% |
| 2024-06-14 | $0.2200 | 2.16% |
Related companies: ASB · BKU · CATY · CBU · FBP · FHB · FIBK
Explore sector: Financial Services · Banks - Regional
More sections of RNST: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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