Renasant Corporation (RNST) Income Statement

30Y historyFree accessUpdated daily

Net interest income has held near $223 million per quarter with NIM around 0.8%, but the efficiency ratio swung between 25.5% and 68.7% and a $81.3 million provision in 2025Q2 warrants continued monitoring of credit cost normalization.

Annual statement

RNST Income Statement

Renasant Corporation (RNST) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	TTM	Dec'25	Dec'24	Dec'23	Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06	Dec'05	Dec'04	Dec'03	Dec'02	Dec'01	Dec'00	Dec'99	Dec'98	Dec'97	Dec'96

Net Interest Income	218.84M	803.97M	512.2M	519.33M	481.3M	424M	426.8M	443.66M	396.52M	336.9M	300.99M	241.36M	202.48M	157.13M	133.34M	129.29M	105.21M	99.47M	109.44M	95.82M	84.06M	80.43M	55.23M	49.03M	51.89M	46.84M	45.3M	46.2M	43.8M	41.9M	38.2M
NII Growth %	-170.47%	56.97%	-1.37%	7.9%	13.51%	-0.66%	-3.8%	11.89%	17.7%	11.93%	24.71%	19.2%	28.86%	17.85%	3.13%	22.89%	5.77%	-9.12%	14.21%	13.99%	4.52%	45.63%	12.63%	-5.51%	10.78%	3.4%	-1.94%	5.48%	4.53%	9.69%	2.14%
Net Interest Margin %	0.8%	3.01%	2.84%	2.99%	2.83%	2.52%	2.86%	3.31%	3.07%	3.43%	3.46%	3.04%	3.49%	2.73%	3.19%	3.08%	2.45%	2.73%	2.95%	2.65%	3.22%	3.35%	3.23%	3.46%	3.86%	3.73%	3.74%	3.97%	3.95%	4.31%	4.28%
Interest Income	694.27M	1.26B	887.78M	797.32M	541.81M	468.69M	498.13M	542.58M	461.85M	374.75M	329.14M	263.02M	226.41M	180.6M	159.31M	170.69M	165.48M	170.56M	200.96M	198.2M	154.29M	128.39M	77.02M	70.81M	78.42M	87.77M	89.43M	83.5M	81.3M	75.3M	66.4M
Interest Expense	475.43M	458.29M	375.58M	277.99M	60.51M	44.68M	71.33M	98.92M	65.33M	37.85M	28.15M	21.66M	23.78M	23.4M	25.98M	41.4M	60.28M	71.1M	91.52M	102.38M	70.23M	47.96M	21.8M	21.78M	26.52M	40.92M	44.13M	37.3M	37.5M	33.4M	28.2M
Loan Loss Provision	37.27M	107.46M	9.27M	15.59M	23.87M	-2.17M	86.85M	7.05M	6.81M	7.55M	7.53M	4.75M	6.31M	10.42M	18.13M	22.35M	30.66M	26.89M	22.8M	4.84M	2.41M	2.99M	1.55M	2.71M	4.35M	4.79M	6.37M	3.2M	2.6M	2.3M	2.8M
Non-Interest Income	587.78M	181.88M	150.25M	112.45M	149.25M	226.98M	233.49M	153.25M	143.96M	132.14M	137.41M	108.27M	80.51M	71.89M	68.71M	55.35M	50.48M	57.56M	54.04M	52.19M	45.94M	40.22M	32.29M	31.89M	27.97M	24.39M	18.53M	19.48M	14.5M	12.2M	11M
Non-Interest Income %	72.87%	18.45%	22.68%	17.8%	23.67%	34.87%	35.36%	25.67%	26.64%	28.17%	31.34%	30.97%	28.45%	31.39%	34.01%	29.98%	32.42%	36.66%	33.06%	35.26%	35.34%	33.33%	36.89%	39.41%	35.02%	34.24%	29.03%	29.65%	24.87%	22.55%	22.36%
Total Net Revenue	806.61M	985.85M	662.45M	631.78M	630.55M	650.99M	660.29M	596.91M	540.49M	469.04M	438.41M	349.63M	282.99M	229.02M	202.05M	184.64M	155.69M	157.02M	163.48M	148.01M	130.01M	120.64M	87.52M	80.93M	79.87M	71.23M	63.83M	65.68M	58.3M	54.1M	49.2M
Revenue Growth %	1.22%	48.82%	4.85%	0.2%	-3.14%	-1.41%	10.62%	10.44%	15.23%	6.99%	25.39%	23.55%	23.56%	13.35%	9.43%	18.6%	-0.85%	-3.95%	10.46%	13.85%	7.76%	37.85%	8.14%	1.33%	12.12%	11.6%	-2.81%	12.65%	7.76%	9.96%	2.5%
Non-Interest Expense	573.18M	651.66M	408.21M	439M	395.37M	430.33M	469.95M	374.17M	345.03M	301.62M	295.1M	245.11M	190.94M	172.93M	150.46M	127.62M	78.33M	105.75M	107.97M	98M	89.01M	83.94M	60.71M	53.19M	51.03M	46.75M	42.47M	41.48M	39.3M	36.1M	32.8M
Efficiency Ratio	71.06%	66.1%	61.62%	69.49%	62.7%	66.1%	71.17%	62.69%	63.84%	64.31%	67.31%	70.11%	67.47%	75.51%	74.47%	69.12%	50.31%	67.35%	66.04%	66.21%	68.46%	69.58%	69.37%	65.73%	63.89%	65.63%	66.54%	63.15%	67.41%	66.73%	66.67%
Operating Income	196.16M	226.73M	244.97M	177.19M	211.31M	222.83M	103.49M	215.69M	188.65M	159.87M	135.78M	99.76M	85.89M	45.75M	33.47M	34.67M	46.69M	24.38M	32.71M	45.17M	38.59M	33.71M	25.35M	25.02M	24.49M	19.7M	14.98M	21M	16.4M	15.7M	13.6M
Operating Margin %	24.32%	23%	36.98%	28.05%	33.51%	34.23%	15.67%	36.13%	34.9%	34.08%	30.97%	28.53%	30.35%	19.97%	16.56%	18.78%	29.99%	15.53%	20.01%	30.52%	29.68%	27.94%	28.97%	30.92%	30.66%	27.65%	23.47%	31.98%	28.13%	29.02%	27.64%
Operating Income Growth %	-	-7.44%	38.25%	-16.15%	-5.17%	115.31%	-52.02%	14.33%	18%	17.74%	36.1%	16.16%	87.75%	36.7%	-3.49%	-25.74%	91.51%	-25.47%	-27.58%	17.04%	14.48%	32.98%	1.33%	2.17%	24.33%	31.45%	-28.65%	28.05%	4.46%	15.44%	3.82%
Pretax Income	415.23M	226.73M	244.97M	177.19M	211.31M	222.83M	103.49M	215.69M	188.65M	159.87M	135.78M	99.76M	85.89M	45.75M	33.47M	34.67M	46.69M	24.38M	32.71M	45.17M	38.59M	33.71M	25.26M	25.02M	24.49M	19.7M	14.98M	21M	16.4M	15.7M	13.6M
Pretax Margin %	51.48%	23%	36.98%	28.05%	33.51%	34.23%	15.67%	36.13%	34.9%	34.08%	30.97%	28.53%	30.35%	19.97%	16.56%	18.78%	29.99%	15.53%	20.01%	30.52%	29.68%	27.94%	28.86%	30.92%	30.66%	27.65%	23.47%	31.98%	28.13%	29.02%	27.64%
Income Tax	82.01M	45.46M	49.51M	32.51M	45.24M	46.94M	19.84M	48.09M	41.73M	67.68M	44.85M	31.75M	26.3M	12.26M	6.83M	9.04M	15.02M	5.86M	8.66M	14.07M	11.47M	9.5M	6.82M	6.84M	6.82M	5.11M	3.8M	6.2M	4.7M	4.7M	4.1M
Effective Tax Rate %	19.75%	20.05%	20.21%	18.35%	21.41%	21.06%	19.17%	22.3%	22.12%	42.34%	33.03%	31.83%	30.63%	26.8%	20.4%	26.08%	32.16%	24.05%	26.47%	31.15%	29.71%	28.19%	26.98%	27.33%	27.85%	25.94%	25.36%	29.52%	28.66%	29.94%	30.15%
Net Income	333.22M	181.27M	195.46M	144.68M	166.07M	175.89M	83.65M	167.6M	146.92M	92.19M	90.93M	68.01M	59.58M	33.49M	26.64M	25.63M	31.68M	18.52M	24.05M	31.1M	27.13M	24.21M	18.44M	18.18M	16.37M	14.59M	11.18M	14.8M	11.7M	11M	9.5M
Net Margin %	41.31%	18.39%	29.51%	22.9%	26.34%	27.02%	12.67%	28.08%	27.18%	19.65%	20.74%	19.45%	21.05%	14.62%	13.18%	13.88%	20.35%	11.79%	14.71%	21.01%	20.86%	20.07%	21.07%	22.47%	20.5%	20.48%	17.52%	22.53%	20.07%	20.33%	19.31%
Net Income Growth %	126.57%	-7.26%	35.1%	-12.88%	-5.59%	110.27%	-50.09%	14.07%	59.37%	1.38%	33.69%	14.15%	77.93%	25.72%	3.92%	-19.08%	71.05%	-23.01%	-22.66%	14.66%	12.05%	31.26%	1.44%	11.06%	12.22%	30.43%	-24.43%	26.5%	6.36%	15.79%	3.26%
Net Income (Continuing)	333.22M	181.27M	195.46M	144.68M	166.07M	175.89M	83.65M	167.6M	146.92M	92.19M	90.93M	68.01M	59.58M	33.49M	26.64M	25.63M	31.68M	18.52M	24.05M	31.1M	27.13M	24.21M	18.44M	18.18M	17.67M	14.59M	11.18M	14.8M	11.7M	11M	9.5M
EPS (Diluted)	3.64	2.07	3.27	2.58	2.95	3.12	1.48	2.88	2.79	1.96	2.17	1.88	1.88	1.22	1.06	1.02	1.38	0.87	1.14	1.64	1.71	1.54	1.43	1.47	1.29	1.10	0.81	1.06	0.84	0.81	0.72
EPS Growth %	79.33%	-36.7%	26.74%	-12.54%	-5.45%	110.81%	-48.61%	3.23%	42.35%	-9.68%	15.43%	0%	54.1%	15.09%	3.92%	-26.09%	58.62%	-23.68%	-30.49%	-4.09%	11.04%	7.69%	-2.72%	13.95%	17.27%	35.8%	-23.58%	26.19%	3.7%	12.5%	2.86%
EPS (Basic)	-	2.09	3.29	2.58	2.97	3.13	1.49	2.89	2.80	1.97	2.18	1.89	1.89	1.23	1.06	1.02	1.39	0.88	1.15	1.66	1.75	1.56	1.43	1.47	1.30	1.10	0.81	1.06	0.84	0.81	0.72
Diluted Shares Outstanding	91.56M	95.17M	59.75M	56.14M	56.21M	56.42M	56.47M	58.23M	52.63M	47M	41.96M	36.23M	31.76M	27.46M	25.17M	25.19M	22.98M	21.21M	21.12M	18.96M	15.86M	15.72M	12.93M	12.49M	12.69M	13.22M	13.74M	14.02M	13.95M	13.59M	13.19M

Key Metrics

Growth RegimeMixed

ProfitabilityStable

Balance SheetHealthy

Cash FlowStable

Top Statement Risk

Credit cost normalization pressure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

NII Stabilizing Near Recent Plateau

Based on Renasant's reported figures, net interest income has held near $223 million per quarter across the latest two reported periods, a level that suggests loan repricing gains have largely been absorbed into a steady earnings base rather than continuing to compound.

The flat sequential NII profile, after the step-up seen in the first quarter of 2025, suggests the bank's asset repricing benefit has matured. Continued growth would likely depend on loan volume expansion and deposit cost discipline, which the reported figures do not yet clearly demonstrate. Investors should monitor whether funding costs begin to erode the spread as deposit mix shifts toward yield-bearing products.

Net Interest Margin Holding Within Narrow Band

As reported in financial statements, Renasant's net interest margin has oscillated between roughly 0.7% and 0.9% over the ten-quarter window, with the most recent quarter at 0.8%, indicating a compressed but consistent spread profile.

The narrow range suggests limited pricing power and a funding base that is adjusting in step with asset yields. Peer data for Hancock Whitney and Trustmark would be needed to position this margin precisely, but the absence of expansion points to a competitive deposit environment. The figures may indicate that the bank's low-cost funding advantage is being partially offset by rising deposit betas.

Efficiency Ratio Swings Reflect Lumpy Revenue

Based on Renasant's reported figures, the efficiency ratio moved between 25.5% and 68.7% across recent quarters, with the most recent reading at 58.7%, a range wide enough to suggest that reported operating leverage is heavily influenced by non-recurring revenue items.

Efficiency ratios in the mid-50s to low-60s are consistent with a relationship-intensive branch model carrying a high fixed-cost base. The extreme readings in the second quarter of 2026 and third quarter of 2024 likely reflect distortions from securities or other lumpy income rather than a durable change in cost discipline. Analysts should normalize these periods before drawing conclusions about structural efficiency.

Provisioning Spike Demands Normalization Check

According to reported figures, provision expense rose to $81.3 million in the second quarter of 2025 from a run-rate near $5 million, a step change that warrants investigation into whether it reflected a discrete credit event or a CECL-driven reserve build.

The reversion to single-digit to low-double-digit million provisions in subsequent quarters suggests the 2025 spike may have been a one-time reserve action. However, the reported data does not disclose the composition of that charge, so the underlying credit trajectory remains unclear. Investors should monitor charge-off trends and reserve coverage in upcoming filings to confirm whether the normalized provision level is sustainable.

Fee Income Dependence Could Constrain Upside

Based on reported figures, non-interest income ranged widely from $7.3 million to $460.1 million across recent quarters, with fee share swinging between 3.2% and 106.7%, a volatility that makes underlying fee quality difficult to assess from the reported data alone.

The extreme swings in fee share suggest that the reported non-interest line is dominated by irregular items, possibly including securities gains or insurance timing, rather than the recurring wealth and insurance commissions that management emphasizes. Without segment-level disclosure, the durability of fee income cannot be confirmed. Investors should treat headline revenue growth with caution until recurring fee components are separated from one-time contributions.

RNST — Frequently Asked Questions

Quick answers to the most common questions about buying RNST stock.

What was Renasant Corporation's (RNST) revenue in 2025?

For fiscal year 2025, Renasant Corporation (RNST) reported total revenue of $985.8M. This represents a 1903.8% increase compared to $49.2M in 1996.

Is Renasant Corporation (RNST) profitable?

Renasant Corporation (RNST) is profitable, generating $181.3M in net income for the fiscal year ending 2025 with a net profit margin of 18.4%.

What is Renasant Corporation's operating profit margin?

Renasant Corporation (RNST) reported an operating income of $226.7M, resulting in an operating profit margin of 23.0%. This margin reflects the operational efficiency of the business before interest and taxes.

What is Renasant Corporation's gross profit and gross margin?

Renasant Corporation (RNST) generated $878.4M in gross profit for the year, representing a gross profit margin of 89.1%. This demonstrates the company's core pricing power and production efficiency.