Renasant Corporation (RNST)

Renasant Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	795.36	716.46	479.91	435.46	466.43	501.34
Interest Income on Investments	77.51	80.86	61.9	33.22	31.7	41.24
Total Interest Income	872.86	797.32	541.81	468.69	498.13	542.58
Interest Paid on Deposits	338.19	232.33	35.21	28.98	54.02	82
Interest Paid on Borrowings	29.41	45.66	25.3	15.71	17.32	16.93
Total Interest Expense	367.6	277.99	60.51	44.68	71.34	98.92
Net Interest Income	505.27	519.33	481.3	424	426.8	443.66
Net Interest Income Growth (YoY)	-4.88%	7.90%	13.51%	-0.66%	-3.80%	11.89%
Trust Income	22.86	22.13	22.34	20.46	16.5	14.43
Mortgage Banking Activities	36.11	32.41	35.79	109.6	150.5	57.9
Gain (Loss) on Sale of Investments	-19.35	-41.79	-	2.17	0.05	0.35
Other Non-Interest Income	55.01	61.12	51.16	58.19	37.16	44.61
Total Non-Interest Income	189.8	113.08	149.25	226.98	235.53	153.25
Non-Interest Income Growth (YoY)	50.50%	-24.24%	-34.25%	-3.63%	53.69%	6.46%
Revenues Before Loan Losses	695.07	632.4	630.55	650.99	662.33	596.91
Provision for Loan Losses	9.19	15.59	23.87	-2.17	86.85	7.05
Revenue	685.87	616.81	606.68	653.15	575.48	589.86
Revenue Growth (YoY)	8.24%	1.67%	-7.12%	13.50%	-2.44%	10.53%
Salaries and Employee Benefits	271.26	268.05	250.15	270.55	291.81	240.59
Occupancy Expenses	38.5	38.67	36.51	38.54	44.04	40.39
Amortization of Goodwill & Intangibles	4.83	5.38	5.12	6.04	7.12	8.11
Selling, General & Administrative	74.12	73.35	68.87	72.95	71.79	69.67
Other Non-Interest Expense	58.19	53.91	32.66	35.5	46.99	13.08
Total Non-Interest Expense	447.48	439.62	392.85	429.96	464.62	373.84
EBT Excluding Unusual Items	238.4	177.19	213.83	223.2	110.86	216.02
Other Unusual Items	-	-	-	-	-	-0.05
Pretax Income	227.12	177.19	211.31	222.83	103.49	215.69
Income Tax Expense	48.29	32.51	45.24	46.94	19.84	48.09
Net Income	178.83	144.68	166.07	175.89	83.65	167.6
Net Income to Common	178.83	144.68	166.07	175.89	83.65	167.6
Net Income Growth	9.83%	-12.88%	-5.59%	110.27%	-50.09%	14.07%
Basic Shares Outstanding	57	56	56	56	56	58
Diluted Shares Outstanding	58	56	56	56	56	58
Shares Change (YoY)	2.65%	0.42%	-0.37%	-0.08%	-3.02%	10.64%
EPS (Basic)	3.11	2.58	2.97	3.13	1.49	2.89
EPS (Diluted)	3.09	2.56	2.95	3.12	1.48	2.88
EPS Growth	6.89%	-13.22%	-5.45%	110.81%	-48.61%	3.23%
Dividend Per Share	0.880	0.880	0.880	0.880	0.880	0.870
Dividend Growth	0%	0%	0%	0%	1.15%	8.75%
Effective Tax Rate	21.26%	18.35%	21.41%	21.06%	19.17%	22.30%

Source: S&P Capital IQ. Banks template. Financial Sources.