Renasant Corporation Announces Earnings For The Third Quarter of 2026
Key Highlights
- ➤Q3 net income $78.9 million; diluted EPS and adjusted diluted EPS both $0.86
- ➤Loans increased $555.9 million linked quarter, an 11.5% annualized net increase
- ➤Board authorized a new $175.0 million stock repurchase program through October 2027
- ➤Net interest margin 3.77%, down six basis points linked quarter
- ➤Nonperforming loans ratio fell to 0.89%; criticized loans ratio declined to 2.50%
Expert Statements
Kevin D. Chapman, President and Chief Executive Officer of Renasant Corporation
“Third quarter results reflect strong loan growth with a record level of loan production, continued momentum in core deposit growth and a stable core net interest margin. We maintained expense discipline alongside increased hiring efforts, were active in buybacks, and reduced our levels of criticized and nonperforming loans. We believe our team is well-positioned to build upon our year-to-date success as we grow customer relationships and hire talent throughout our footprint”
TUPELO, Miss., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) today announced earnings results for the third quarter of 2026.
(Dollars in thousands, except earnings per share)Three Months EndedNine Months Ended Sep 30, 2026Jun 30, 2026Sep 30, 2025Sep 30, 2026Sep 30, 2025 Net income and Earnings per share: Net income$ 78,949$ 87,091$ 59,788$ 254,268$ 102,324 Merger and conversion related expenses (net of tax)——(13,129)—(29,561) Day 1 acquisition provision (net of tax)————(50,026) Basic EPS0.870.950.632.761.21 Diluted EPS0.860.940.632.741.20 Adjusted diluted EPS (non-GAAP) ((1))0.860.940.772.742.13 Impact to diluted EPS from merger and conversion related expenses (net of tax)——(0.14)—(0.35) Impact to diluted EPS from Day 1 acquisition provision (net of tax)————(0.59)
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