Renasant: Q1 Earnings Snapshot
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TUPELO, Miss. (AP) Renasant Corp. (RNST) on Tuesday reported first-quarter net income of $57.9 million.
The Tupelo, Mississippi-based bank said it had earnings of $1.02 per share. Earnings, adjusted for non-recurring gains, came to 85 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
The holding company for Renasant Bank posted revenue of $202.8 million in the period. Its revenue net of interest expense was $190.7 million, which also beat Street forecasts. Four analysts surveyed by Zacks expected $160.3 million.
Renasant shares have increased 26% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $42.54, a climb of 68% in the last 12 months.
Renasant: Q1 Earnings Snapshot
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JOHNS CREEK, Ga. â A stick-up man attempted to rob the Renasant Bank along Haynes Bridge Road late the morning of April 8. Police responded after one of the bank tellers activated the panic alarm.
The teller told officers a tall man wearing a gray hoodie and gaiter-style mask approached her counter to make a withdrawal. During the supposed transaction, the suspect passed the teller a note demanding money. The note made no mention of a weapon, and the suspect never displayed one, according to police.
When the teller told the man she didnât have any money to give him, he grabbed his note and left. Police issued a bulletin but were not able to identify the alleged robber.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Renasant Corporation Declares Quarterly Dividend
Renasant CorporationApril 21, 2021 GMT
TUPELO, Miss., April 21, 2021 (GLOBE NEWSWIRE) The board of directors of Renasant Corporation (NASDAQ: RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid June 30, 2021, to shareholders of record as of June 16, 2021.
ABOUT RENASANT CORPORATION: Renasant Corporation is the parent of Renasant Bank, a 117 year-old financial services institution. Renasant has assets of approximately $14.9 billion and operates more than 200 banking, lending, mortgage, wealth management and insurance offices throughout Mississippi, Tennessee, Alabama, Florida, Georgia, North Carolina and South Carolina.
Appling County folks had a chance on Friday, April 16, out front of the Sheriffâs office to meet some of the many people who work hard everyday to keep the community safe. Sheriff Meltonâs annual First Responder Expo provided that chance, especially for children. They can connect with officers and maybe even find a future career. Visitors can put faces with real people when there are no emergencies, meet the people behind the badges.
One inquisitive young man asked questions about many of the devices at the tactical booth set up by the Georgia Department of Corrections. He explained how a taser works and why and when itâs used. The explanation came that 50,000 volts come very quickly to subdue an unruly prisoner, but once the prisoner is arrested, they get him some treatment if he has injuries. They also use CS (Chlorobenzalmalononitrile) smoke to calm down unruly situations in prisons or elsewhere. Guns, including pistols, can fire the pepper balls and are based on t
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