Recent Updates — RNST
Renasant Corporation announced that Catherine Mealor will join as Executive Vice President and Chief Financial Officer on October 5, 2026, assuming the role effective January 1, 2027. She replaces James C. Mabry IV, who is retiring as CFO on December 31, 2026, and transitioning to an Executive Advisor role until the 2027 Annual Meeting. The Board intends to nominate Mr. Mabry for election as a director at the 2027 meeting. Ms. Mealor joins from Keefe, Bruyette & Woods with over 20 years of experience in financial services research. Her employment agreement includes a $600,000 base salary and a signing award valued at $850,000. Renasant Corporation is the parent company of Renasant Bank, operating as a regional financial institution.
Renasant Corporation filed an 8-K to furnish investor presentation materials for conferences in the third quarter of 2026, covering second-quarter financial results. The company reported net income of $87.1 million and diluted EPS of $0.94. Effective April 28, 2026, Renasant increased its quarterly cash dividend to $0.24 per share, a $0.01 increase from the prior quarter. Additionally, the Board authorized an additional $100.0 million for stock repurchases, bringing the total program authorization to $250.0 million. The company also completed a subordinated debt offering of $300.0 million in May 2026. Renasant operates as a regional bank holding company providing retail banking, commercial finance, and mortgage lending services.
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.