Renasant Corp (RNST)

• Market cap: $2.25B
• 1 day: 2.14%
• 5 days: -3.07%
• 1 month: -2.70%
• 3 months: 5.93%
• 6 months: 23.10%
• Year to date: 5.20%
• 1 year: 7.28%
• 5 years: -2.64%
• 10 years: 22.85%
• Sector: Financials
• Industry: State Commercial Banks

About: Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.

Employees: 2,300

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

21,233% more call options, than puts

Call options by funds: $640K | Put options by funds: $3K

234% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 32

67% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 24

34% more capital invested

Capital invested by funds: $1.36B [Q2] → $1.83B (+$467M) [Q3]

20.77% more ownership

Funds ownership: 79.26% [Q2] → 100.04% (+20.77%) [Q3]

8% more funds holding

Funds holding: 208 [Q2] → 224 (+16) [Q3]