With perseverance as its watchword, Renasant Corporation, which stands for constant renaissance, has a rich history of achievement in its journey to becoming one of the South’s most successful companies. A collection of community banks that values its relationships with employees and clients above all else, Renasant has found its strength in being a company dedicated to solid leadership, innovation, and community partnership. From its humble beginnings on February 27, 1904 as a makeshift $100,000 bank started in an old Lee County, Mississippi bakery to its current multi-state 120+ banking, lending, insurance, wealth management and financial services offices, Renasant has evolved into a client focused corporation that is stronger than ever.
Company Growth (employees)
Type
Public
HQ
Tupelo, US
Founded
1904
Size (employees)
1,965 (est)
Renasant was founded in 1904 and is headquartered in Tupelo, US

Renasant Office Locations

Renasant has an office in Tupelo
Tupelo, US (HQ)
209 Troy St

Renasant Financials and Metrics

Renasant Financials

Renasant's revenue was reported to be $466.6 m in FY, 2016
USD

Revenue (Q2, 2017)

121.8 m

Gross profit (Q2, 2017)

113.9 m

Gross profit margin (Q2, 2017), %

93%

Net income (Q2, 2017)

25.3 m

EBIT (Q2, 2017)

77.9 m

Market capitalization (11-Dec-2017)

2 b

Cash (30-Jun-2017)

236.1 m

EV

2.1 b
Renasant's current market capitalization is $2 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

180.6 m226.4 m263 m466.6 m

Revenue growth, %

25%16%77%

Cost of goods sold

21.7 m28.1 m

Gross profit

241.4 m438.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

79.7 m106.4 m109.6 m119.6 m121.3 m113.9 m121.8 m

Cost of goods sold

5.1 m5.6 m6.2 m6.9 m7.3 m7.9 m8 m

Gross profit

74.6 m100.8 m103.4 m112.7 m114 m106 m113.9 m

Gross profit Margin, %

94%95%94%94%94%93%93%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

246.6 m161.6 m211.6 m306.2 m

PP&E

101.5 m113.7 m169.1 m179.2 m

Goodwill

276.1 m274.7 m445.9 m470.5 m

Total Assets

5.7 b5.8 b7.9 b8.7 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

233.1 m301.6 m181.2 m141.6 m174.4 m155 m203.8 m218.5 m210.8 m217.4 m370.7 m236.1 m

PP&E

104.5 m102.2 m103.9 m109.1 m117.8 m121.1 m167.6 m168.9 m178.5 m177.8 m179.9 m178.3 m

Goodwill

275.3 m276.1 m276.1 m274.7 m274.7 m274.7 m452 m449.4 m470.5 m470.5 m470.5 m470.5 m

Total Assets

5.7 b5.9 b5.8 b5.8 b5.9 b5.9 b7.9 b8.1 b8.5 b8.5 b8.8 b8.9 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

33.5 m59.6 m68 m90.9 m

Depreciation and Amortization

9.1 m8.1 m6 m207 k

Cash From Operating Activities

153.3 m124.7 m252.6 m163.8 m

Purchases of PP&E

(163.1 m)(124.3 m)(72.1 m)(140.1 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

14.9 m15.5 m15.2 m15.4 m16.2 m21.2 m22.9 m23.2 m24 m

Depreciation and Amortization

3.8 m

Cash From Operating Activities

124.1 m20.3 m59.4 m90.2 m(54.3 m)

Purchases of PP&E

(106.5 m)(76.3 m)(100.1 m)(100.1 m)(13.7 m)
USDY, 2017

EV/EBIT

26.7 x

Revenue/Employee

62 k

Financial Leverage

7 x
Show all financial metrics

Renasant Operating Metrics

Renasant's Total Loans Issued was reported to be $6.4 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$3.99 b$3.95 b$4.04 b$5.28 b$5.41 b$5.57 b$5.97 b$6.11 b$6.2 b$6.24 b$6.37 b

ATMs

109133133

Bank Branches

109144144

Non-performing Loans

$76.52 m$48.22 m$44.26 m$47.2 m$55.11 m$44.41 m$43.12 m$41.91 m$45.43 m$35.2 m$26.75 m
Show all operating metrics

Renasant Market Value History

Renasant's Web-traffic and Trends

Renasant Online and Social Media Presence

Renasant Company Life and Culture

You may also be interested in