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 Metrics

Renasant Financial Metrics

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

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 (19-May-2017)

$1.8 b

Closing share price (19-May-2017)

$40.7

Cash (31-Dec-2016)

$306.2 m

EV

$1.8 b
Renasant's current market capitalization is $1.8 b.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$180.6 m$226.4 m$263 m$466.6 m

Revenue growth, %

25%16%77%

Cost of goods sold

$21.7 m$28.1 m

Gross profit

$241.4 m$438.4 m

Gross profit Margin, %

92%94%

Operating expense total

$245.1 m$295.1 m

EBIT

$45.7 m$85.9 m$99.8 m$293.5 m

EBIT margin, %

25%38%38%63%

Pre tax profit

$99.8 m$135.8 m

Income tax expense

$9 m$6.8 m$12.3 m$31.8 m$44.8 m

Net Income

$33.5 m$59.6 m$68 m$90.9 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$246.6 m$161.6 m$211.6 m$306.2 m

Accounts Receivable

Inventories

PP&E

$101.5 m$113.7 m$169.1 m$179.2 m

Goodwill

$276.1 m$274.7 m$445.9 m$470.5 m

Total Assets

$5.7 b$5.8 b$7.9 b$8.7 b

Accounts Payable

Total Debt

$171.9 m$188.8 m$570.5 m$312.1 m

Additional Paid-in Capital

$342.6 m$345.2 m$585.9 m$707.4 m

Retained Earnings

$194.8 m$232.9 m$276.3 m$337.5 m

Total Equity

$1 b$1.2 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 m$59.6 m$68 m$90.9 m

Depreciation and Amortization

$9.1 m$8.1 m$6 m$207 k

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$153.3 m$124.7 m$252.6 m$163.8 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 m$282.8 m

Interest Paid

$23.3 m$24.1 m$21.6 m$25.9 m

Income Taxes Paid

$11.4 m$17.5 m$18.6 m$22.7 m
Y, 2016

EV/EBIT

6.2 x

EV/CFO

11 x

Revenue/Employee

$233.7 k

Debt/Equity

0.3 x

Financial Leverage

7.1 x

Renasant Market Value History

Renasant Online Presence

Renasant Company Life

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