Renasant

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.
Type
Public
HQ
Tupelo, US
Founded
1904
Size (employees)
1,996 (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 Data and Metrics

Renasant Financial Metrics

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

Revenue (Y, 2016)

466.6 m

Revenue growth (Y, 2015 - Y, 2016), %

77%

Gross profit (Y, 2016)

438.4 m

Gross profit margin (Y, 2016), %

94%

Net income (Y, 2016)

90.9 m

EBIT (Y, 2016)

293.5 m

Market capitalization (21-Jun-2017)

1.9 b

Closing share price (21-Jun-2017)

43.1

Cash (31-Dec-2016)

306.2 m

EV

1.9 b
Renasant's current market capitalization is $1.9 b.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 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

Gross profit Margin, %

92%94%

Operating expense total

245.1 m295.1 m

EBIT

45.7 m85.9 m99.8 m293.5 m

EBIT margin, %

25%38%38%63%

Pre tax profit

99.8 m135.8 m

Income tax expense

9 m6.8 m12.3 m31.8 m44.8 m

Net Income

33.5 m59.6 m68 m90.9 m
FY, 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

Total Debt

171.9 m188.8 m570.5 m312.1 m

Additional Paid-in Capital

342.6 m345.2 m585.9 m707.4 m

Retained Earnings

194.8 m232.9 m276.3 m337.5 m

Total Equity

1 b1.2 b

Debt to Equity Ratio

0.6 x0.3 x

Debt to Assets Ratio

0 x0 x0.1 x0 x

Financial Leverage

7.6 x7.1 x
FY, 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)

Cash From Investing Activities

(57.2 m)(202.8 m)(247.4 m)(352 m)

Long-term Borrowings

(8.1 m)(13.6 m)(308.8 m)(47.2 m)

Cash From Financing Activities

18.1 m(6.9 m)44.8 m282.8 m

Interest Paid

23.3 m24.1 m21.6 m25.9 m

Income Taxes Paid

11.4 m17.5 m18.6 m22.7 m
Numbers are in $, USDY, 2016

EV/EBIT

6.5 x

EV/CFO

11.6 x

Revenue/Employee

233.7 k

Debt/Equity

0.3 x

Financial Leverage

7.1 x

Renasant Market Value History

Renasant Online and Social Media Presence

Renasant Company Life and Culture

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