earnings
confidence high
sentiment positive
materiality 0.70
Renasant Q4 2024 net income $44.7M, diluted EPS $0.70; adjusted EPS $0.73
RENASANT CORP
2024-FY EPS reported
$3.27
- Net income $44.7M, diluted EPS $0.70 (Q4 2023 $28.1M, $0.50); adjusted diluted EPS $0.73 vs $0.76 prior year.
- Net interest income (FTE) $135.5M, up $1.9M linked; net interest margin unchanged at 3.36%.
- Loans grew $257.4M (8.1% annualized); deposits up $62.9M; brokered deposits eliminated at year-end.
- Credit stable: NPL/total loans 0.88%, ACL coverage 178%, net charge-offs 0.05% annualized.