Earnings ·
Renasant Corporation reported second quarter 2026 earnings with net income of $87.1 million and diluted EPS of $0.94.…
RNSTRenasant Corp
Renasant Corporation reported second quarter 2026 earnings with net income of $87.1 million and diluted EPS of $0.94. Net interest margin was 3.83%, a 4 basis point decrease from the previous quarter. Loans grew by $220.9 million, including a $58.3 million portfolio acquired via Republic Business Credit. Deposits decreased by $398.4 million, primarily due to $367.7 million in seasonal public fund outflows. The company repurchased $60.0 million of common stock during the quarter and increased its quarterly cash dividend to $0.24 per share effective April 28, 2026. Renasant Corporation is a financial services company providing banking and mortgage services.