secwatch.observer — SEC 8-K summary
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Issuer:     RENASANT CORP (RNST)
CIK:        0000715072
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000715072-24-000175
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Renasant Q3 2024 net income $72.5M ($1.18 EPS); shareholders approve merger with The First
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- Net income $72.5M ($1.18 diluted EPS); adjusted EPS $0.70; includes $38.95M after-tax gain on insurance agency sale.
- Net interest margin 3.36%, up 5 bps linked quarter; cost of total deposits 2.51%.
- Loans grew 0.7% annualized; nonperforming loans ratio increased to 0.94%.
- Completed public offering of 7.1875M shares at $32 for $217M net proceeds.
- Shareholders of Renasant and The First approved merger; expected close H1 2025 pending regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715072/000071507224000175/0000715072-24-000175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715072/000071507224000175/rnst-20241022.htm
  HTML page:      https://secwatch.observer/filing/0000715072-24-000175

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