secwatch.observer — SEC 8-K summary
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Issuer:     RENASANT CORP (RNST)
CIK:        0000715072
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0000715072-24-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Renasant Q4 2023 net income $28.1M, diluted EPS $0.50, adjusted $0.76
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- Net income $28.1M vs $46.3M in Q4 2022; diluted EPS $0.50 (adjusted $0.76).
- Net interest margin 3.33%, down 3 bps linked quarter; deposit cost 2.17%.
- Loans grew 6.0% annualized (+$183M); deposits fell $80.3M linked quarter.
- Pre-tax impairment $19.4M on securities; $177M proceeds from sale in early 2024.
- Nonperforming loans/total loans improved to 0.56%; coverage ratio 286%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715072/000071507224000027/0000715072-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715072/000071507224000027/rnst-20240123.htm
  HTML page:      https://secwatch.observer/filing/0000715072-24-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer