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RENASANT CORPORATION

(RNST)
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Renasant : Newsweek« Names Renasant Best Big Bank in Mississippi

10/13/2021 | 09:01am EST

TUPELO, Miss., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Renasant is pleased to announce that it has been named Best Big Bank in Mississippi by Newsweek® in America's Best Banks 2022. Newsweek partnered with LendingTree, the online marketplace and comparison site for financial services, for their annual Best Banks rankings. They assessed thousands of FDIC-insured banks and credit unions, and the savings and checking accounts they offer, based on more than 50 different factors to land on best-in-class options in 26 different categories. The list can currently be viewed here.

"At Renasant, building relationships with our customers and communities by seeking to understand their needs and then meet them is embedded in our mission, vision, values and core behaviors," said Renasant President and CEO, Mitch Waycaster. "This recognition by Newsweek is a reflection of our tremendously talented team at Renasant, and we look forward to continuing to be the financial service advisor and provider of choice in Mississippi and every community we serve."

"Renasant Bank has been in Mississippi since 1904. We have an incredible team of people throughout the state who truly understand our customers and their financial needs," said Scott Cochran, Chief Core Banking Officer. "Renasant is unique because we have the product offerings and resources of a regional bank, but also have the culture and commitment to deliver our products and services consistent with our community bank competitors. We look forward to continuing to meet and exceed Mississippi customers’ needs and expectations."

Renasant was also recently named one of the top banks in Mississippi on Forbes' 2021 list of America's "Best-In-State" Banks, and was featured on Forbes' 2021 World's Best Banks list.

ABOUT RENASANT CORPORATION:

Renasant Corporation, a 117-year-old financial services institution, is the parent of Renasant Bank. Renasant has assets of approximately $16 billion and operates 199 banking, mortgage, financial services and insurance offices throughout Mississippi, Tennessee, Alabama, Florida, Georgia, North Carolina and South Carolina.

For more information please visit www.renasantbank.com or Renasant’s IR site at https://investors.renasant.com/.


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Analyst Recommendations on RENASANT CORPORATION
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Financials (USD)
Sales 2021 653 M - -
Net income 2021 175 M - -
Net Debt 2021 - - -
P/E ratio 2021 12,1x
Yield 2021 2,34%
Capitalization 2 097 M 2 097 M -
Capi. / Sales 2021 3,21x
Capi. / Sales 2022 3,50x
Nbr of Employees 2 524
Free-Float 90,6%
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Technical analysis trends RENASANT CORPORATION
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TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 8
Last Close Price 37,61 $
Average target price 39,64 $
Spread / Average Target 5,41%
EPS Revisions
Managers and Directors
C. Mitchell Waycaster President, Chief Executive Officer & Director
James C. Mabry Chief Financial Officer & Executive Vice President
Edward Robinson McGraw Executive Chairman
Kevin Dobson Chapman Chief Operating Officer & Executive Vice President
William Mark Williams Chief Operations Officer
Sector and Competitors