Oct 27, 5:14 PM ET
Renasant agreed to merge with Commercial Holding Company, parent of Commercial Bank & Trust, with Commercial shareholders receiving 0.8798 Renasant shares for each Commercial share, about 2.64 million shares in total. Including a $35.7 million pre-closing special cash dividend, the filing puts the aggregate transaction value at about $142 million, based on a $40.29 10-day average RNST price. The deal is expected to close in the first quarter of 2027, subject to regulatory approvals and Commercial shareholder approval, and would add Commercial Bank's roughly $1.1 billion in assets to Renasant's West Tennessee presence.
- Commercial shareholders to receive 0.8798 Renasant shares per share, about 2.64 million shares in aggregate
- Aggregate transaction value about $142 million, including a $35.7 million special cash dividend
- Commercial to pay a $7,000,000 termination fee under certain circumstances
- Expected closing in the first quarter of 2027, subject to regulatory and Commercial shareholder approvals
Read the filing on SEC.gov ↗
Oct 27, 4:34 PM ET
Renasant reported third-quarter 2026 net income of $78.9 million, or $0.86 per diluted share, down from $87.1 million and $0.94 in the second quarter but up from $59.8 million and $0.63 a year earlier, when merger and conversion expenses weighed on results. Loans rose $555.9 million linked quarter, and the board approved a $175.0 million stock repurchase program effective October 27, 2026.
- Net income $78.9 million vs. $87.1 million in Q2 2026 and $59.8 million in Q3 2025
- Net interest margin 3.77%, down 6 basis points linked quarter
- Provision for credit losses $13.3 million vs. $3.8 million in Q2 2026
- Board approved a $175.0 million repurchase program; $42.6 million of stock was bought back in Q3 2026
Read the filing on SEC.gov ↗
Aug 25, 4:49 PM ET
Renasant Corporation said Catherine Mealor, a Managing Director at Keefe, Bruyette & Woods, will join as Executive Vice President and Chief Financial Officer on October 5, 2026, and become CFO on January 1, 2027. James C. Mabry IV, CFO since August 2020, will retire as CFO on December 31, 2026, and the Board intends to nominate him as a director at the 2027 Annual Meeting of Shareholders.
- Mealor joins October 5, 2026 and becomes CFO of Renasant and Renasant Bank on January 1, 2027.
- Mealor's employment agreement sets a $600,000 base salary, a $400,000 cash signing award and stock valued at $450,000, and a two-year initial term.
- Her target annual bonus is 75% of base salary under the Performance-Based Rewards Plan, starting with periods on or after January 1, 2027.
- Mabry will serve as Executive Advisor from January 1, 2027 and is expected to serve in that role until the 2027 Annual Meeting.
Read the filing on SEC.gov ↗
Jul 28, 4:37 PM ET
Renasant Corporation reported second-quarter 2026 net income of $87.1 million, or $0.94 diluted EPS, compared with $88.2 million and $0.94 in the first quarter and $1.0 million and $0.01 in the second quarter of 2025. Adjusted diluted EPS (non-GAAP) was $0.94, up from $0.69 a year earlier, and the company raised its quarterly dividend to $0.24 per share.
- Net income was $87.1 million, down from $88.2 million in the first quarter of 2026; diluted EPS was flat at $0.94.
- Net interest margin was 3.83%, down 4 basis points linked quarter; net interest income was $227.7 million on a fully tax equivalent basis.
- Company repurchased $60.0 million of common stock in the second quarter, with $101.8 million of authorization remaining as of June 30, 2026.
- Total deposits decreased $398.4 million linked quarter, including $367.7 million of seasonal outflows in public fund deposits.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
