secwatch.observer — SEC 8-K summary
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Issuer:     RENASANT CORP (RNST)
CIK:        0000715072
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0000715072-23-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Renasant Q4 net income $46.3M, diluted EPS $0.82; completes RBC acquisition
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- Q4 net income $46.3M ($0.82 diluted EPS) vs $37.1M ($0.66) in Q4 2021; adjusted diluted EPS $0.89.
- Acquired Republic Business Credit on Dec 30, adding $77.5M loans; merger expenses $1.1M.
- Net interest margin 3.78%, up 24 bps linked quarter; loan growth $473.3M (14.14% annualized ex-RBC).
- Allowance for credit losses on loans 1.66%, NPL ratio 0.49%; provision $10.5M driven by loan growth.
- Deposits increased $54.8M; noninterest-bearing deposits fell $268.5M to 33.8% of total; cost of deposits 52 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715072/000071507223000041/0000715072-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715072/000071507223000041/rnst-20230124.htm
  HTML page:      https://secwatch.observer/filing/0000715072-23-000041

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