Renasant Corporation (RNST)

Renasant Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	806.3	716.46	479.91	435.46	466.43
Interest Income on Investments	81.48	80.86	61.9	33.22	31.7
Total Interest Income	887.78	797.32	541.81	468.69	498.13
Interest Paid on Deposits	346.59	232.33	35.21	28.98	54.02
Interest Paid on Borrowings	28.99	45.66	25.3	15.71	17.32
Total Interest Expense	375.58	277.99	60.51	44.68	71.34
Net Interest Income	512.2	519.33	481.3	424	426.8
Net Interest Income Growth (YoY)	-1.37%	7.90%	13.51%	-0.66%	-3.80%
Trust Income	23.56	22.13	22.34	20.46	16.5
Mortgage Banking Activities	36.38	32.41	35.79	109.6	150.5
Gain (Loss) on Sale of Assets	53.35	-	-	-	-
Gain (Loss) on Sale of Investments	-	-41.79	-	2.17	0.05
Other Non-Interest Income	48.54	61.12	51.16	58.19	37.16
Total Non-Interest Income	203.6	113.08	149.25	226.98	235.53
Non-Interest Income Growth (YoY)	80.06%	-24.24%	-34.25%	-3.63%	53.69%
Revenues Before Loan Losses	715.8	632.4	630.55	650.99	662.33
Provision for Loan Losses	9.27	15.59	23.87	-2.17	86.85
Revenue	706.53	616.81	606.68	653.15	575.48
Revenue Growth (YoY)	14.55%	1.67%	-7.12%	13.50%	-2.44%
Salaries and Employee Benefits	283.77	268.05	250.15	270.55	291.81
Occupancy Expenses	45.96	38.67	36.51	38.54	44.04
Amortization of Goodwill & Intangibles	4.69	5.38	5.12	6.04	7.12
Selling, General & Administrative	53.04	73.35	68.87	72.95	71.79
Other Non-Interest Expense	59.96	53.91	32.66	35.5	46.99
Total Non-Interest Expense	448.27	439.62	392.85	429.96	464.62
EBT Excluding Unusual Items	258.26	177.19	213.83	223.2	110.86
Other Unusual Items	0.06	-	-	-	-
Pretax Income	244.97	177.19	211.31	222.83	103.49
Income Tax Expense	49.51	32.51	45.24	46.94	19.84
Net Income	195.46	144.68	166.07	175.89	83.65
Net Income to Common	195.46	144.68	166.07	175.89	83.65
Net Income Growth	35.10%	-12.88%	-5.59%	110.27%	-50.09%
Basic Shares Outstanding	59	56	56	56	56
Diluted Shares Outstanding	60	56	56	56	56
Shares Change (YoY)	5.85%	0.42%	-0.37%	-0.08%	-3.02%
EPS (Basic)	3.29	2.58	2.97	3.13	1.49
EPS (Diluted)	3.27	2.56	2.95	3.12	1.48
EPS Growth	27.73%	-13.22%	-5.45%	110.81%	-48.61%
Dividend Per Share	0.880	0.880	0.880	0.880	0.880
Dividend Growth	0%	0%	0%	0%	1.15%
Effective Tax Rate	20.21%	18.35%	21.41%	21.06%	19.17%

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