RENASANT CORP (RNST) Form 8-K — Jul 28, 2026
Renasant Corporation reported second quarter 2026 net income of $87.1 million, or $0.94 per share, with adjusted diluted EPS also at $0.94. This represents a significant improvement in profitability compared to the prior year, driven by strong operating performance. The company returned capital to shareholders by increasing its quarterly cash dividend to $0.24 per share and repurchasing $60.0 million of common stock. Additionally, Renasant strengthened its balance sheet by completing a $300.0 million subordinated debt offering.
Key figures
- Eps
- 0.94
- Dividend
- $0.24
- Net Income
- $87.1 million
- Debt Amount
- $300.0 million
- Interest Rate
- 6.25%
- Maturity Date
- 2036
- Shares Outstanding
- 91,403,230
- Efficiency Ratio
- 57.92%
- Repurchase Amount
- $60.0 million
- Book Value Per Share
- $42.35
- Net Interest Margin
- 3.83%
- Adjusted Efficiency Ratio
- 54.92%
- Adjusted Net Interest Margin
- 3.61%
- Tangible Book Value Per Share
- $25.34
Price after filing
Close on the filing date to close N calendar days later (from $43.01). Historical, not a forecast.
AI analysis
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