Renasant Corporation will announce Q4 2024 results on January 28, followed by a conference call on January 29.
Quiver AI Summary
Renasant Corporation will announce its fourth quarter results for 2024 after the market closes on January 28, 2025, with a webcast and conference call scheduled for January 29 at 10:00 AM Eastern Time. Participants can join the call through the company’s investor relations website or by phone. A replay will be available for one year, with specific details provided for accessing the recordings. Renasant is a financial services institution with approximately $18 billion in assets, operating across the Southeast, and offers a range of banking services. The press release also contains forward-looking statements regarding the company's future performance and risks that may affect actual results, encouraging investors to consult Renasant’s SEC filings for further information.
Potential Positives
- Renasant Corporation is set to announce its fourth quarter results, indicating a regular reporting schedule that reflects transparency and professionalism in financial communications.
- The company will hold a webcast and conference call for analysts, demonstrating commitment to engaging with stakeholders and providing clarity on financial performance.
- The fourth quarter earnings call is scheduled for January 29, 2025, allowing analysts and investors timely access to important financial information shortly after the announcement.
- The release highlights Renasant Corporation's substantial assets of approximately $18.0 billion and its extensive network of 186 offices across the Southeast, showcasing its scale and presence in the financial services sector.
Potential Negatives
- The press release highlights a significant reliance on forward-looking statements, which introduces uncertainty and raises concerns about the company's future performance amidst noted risks such as economic recession and interest rate fluctuations.
- The company acknowledges potential underperformance in its loan portfolio, indicating vulnerability in its financial stability.
- There is a potential negative implication regarding the competitive pressures in the market that could affect the company’s operations and profitability.
FAQ
When will Renasant Corporation announce its fourth quarter results for 2024?
Renasant Corporation will announce its fourth quarter results following the NYSE's closing on January 28, 2025.
How can I access the Renasant Corporation conference call?
The conference call can be accessed by dialing 1-877-513-1143 in the U.S. or 1-412-902-4145 internationally.
What time does the Renasant Corporation webcast start?
The webcast will begin on January 29, 2025, at 10:00 AM Eastern Time.
Where can I find the archived webcast of the earnings call?
The archived webcast will be available on Renasant's investor relations website for one year after the event.
How long will the conference call replay be available?
The telephone replay will be available until February 12, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RNST Insider Trading Activity
$RNST insiders have traded $RNST stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RNST stock by insiders over the last 6 months:
- JOHN CREEKMORE sold 3,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RNST Hedge Fund Activity
We have seen 144 institutional investors add shares of $RNST stock to their portfolio, and 54 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 1,047,379 shares (+12.8%) to their portfolio in Q3 2024
- GOLDMAN SACHS GROUP INC added 999,056 shares (+250.4%) to their portfolio in Q3 2024
- MACQUARIE GROUP LTD added 939,541 shares (+inf%) to their portfolio in Q3 2024
- MILLENNIUM MANAGEMENT LLC added 837,798 shares (+199.6%) to their portfolio in Q3 2024
- VANGUARD GROUP INC added 803,443 shares (+12.6%) to their portfolio in Q3 2024
- DEPRINCE RACE & ZOLLO INC added 783,384 shares (+inf%) to their portfolio in Q3 2024
- STATE STREET CORP added 705,344 shares (+26.5%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
TUPELO, Miss., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2024 fourth quarter results following the NYSE's closing on Tuesday, January 28, 2025. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, January 29, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time).
The webcast is accessible through Renasant's investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=8ssY2K7l . To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2024 Fourth Quarter Earnings Webcast and Conference Call. International participants should dial 1-412-902-4145 to access the conference call.
The webcast will be archived on www.renasant.com and will remain accessible for one year. A replay can be accessed via telephone by dialing 1-877-344-7529 in the United States and entering conference number 8623913 or by dialing 1-412-317-0088 internationally and entering the same conference number. Telephone replay access is available until February 12, 2025.
About Renasant Corporation:
Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $18.0 billion and operates 186 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis.
Note to Investors:
This news release may contain, or incorporate by reference, statements which may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements usually include words such as “expects,” “projects,” “anticipates,” “believes,” “intends,” “estimates,” “strategy,” “plan,” “potential,” “possible” and other similar expressions.
Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. Management believes that the assumptions underlying the Company’s forward-looking statements are reasonable, but any of the assumptions could prove to be inaccurate. Investors are urged to carefully consider the risks described in the Company’s filings with the Securities and Exchange Commission (the “SEC”) from time to time, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, which are available at www.renasant.com and the SEC’s website at www.sec.gov . The Company expressly disclaims any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.
| Contacts | For Media: | For Financials: |
| John S. Oxford | James C. Mabry IV | |
| Senior Vice President | Executive Vice President | |
| Chief Marketing Officer | Chief Financial Officer | |
| (662) 680-1219 | (662) 680-1281 | |
| [email protected] | [email protected] | |