secwatch.observer — SEC 8-K summary
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Issuer:     RENASANT CORP (RNST)
CIK:        0000715072
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0000715072-25-000137
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Renasant Q1 net income $41.5M, diluted EPS $0.65; completes First Bancshares merger on Apr 1
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- Net income $41.5M, diluted EPS $0.65; adjusted diluted EPS $0.66 (non-GAAP).
- Loans grew $170.6M linked quarter (5.4% annualized); deposits up $199.5M; noninterest-bearing deposits 24%.
- Net interest margin 3.45%, up 9 bps linked quarter; cost of total deposits down 13 bps to 2.22%.
- Completed merger with The First Bancshares on Apr 1, adding ~$8B assets, 116 locations across 5 states.
- Credit quality improved: NPLs/total loans 0.76% (down from 0.88%); criticized loans 2.45% (down from 2.89%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715072/000071507225000137/0000715072-25-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715072/000071507225000137/rnst-20250422.htm
  HTML page:      https://secwatch.observer/filing/0000715072-25-000137

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