secwatch.observer — SEC 8-K summary
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Issuer:     RENASANT CORP (RNST)
CIK:        0000715072
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0000715072-23-000241
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Renasant Q3 net income $42.3M; adjusted diluted EPS $0.75 vs $0.83 prior quarter
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- Net income $42.3M ($0.75 diluted EPS) vs $46.6M ($0.83) in Q3 2022.
- Adjusted diluted EPS (Non-GAAP) $0.75, down from $0.83 in Q2 2023 and $0.79 in Q3 2022.
- Loans grew $237.5M linked quarter (7.9% annualized); total deposits up $61.7M.
- Net interest margin 3.38% (down 7 bps); cost of total deposits 198 bps (up 48 bps).
- Nonperforming loans ratio improved to 0.58% (from 0.77%); allowance coverage 282% of NPLs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715072/000071507223000241/0000715072-23-000241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715072/000071507223000241/rnst-20231024.htm
  HTML page:      https://secwatch.observer/filing/0000715072-23-000241

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