Company: RNST
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000715072-25-000234
Chunk: 192

Company: RENASANT CORP
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 192
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 net income per common share reflects the pro forma dilution of shares outstanding, assuming outstanding service-based restricted stock awards fully vested, calculated in accordance with the treasury method. Basic and diluted net income per common share calculations are as follows for the periods presented: Three Months Ended September 30, 20252024BasicNet income applicable to common stock$59,788 $72,455 Average common shares outstanding94,623,551 61,217,094 Net income per common share - basic$0.63 $1.18 DilutedNet income applicable to common stock$59,788 $72,455 Average common shares outstanding94,623,551 61,217,094 Effect of dilutive stock-based compensation661,052 415,354 Average common shares outstanding - diluted95,284,603 61,632,448 Net income per common share - diluted$0.63 $1.18 Nine Months Ended September 30, 20252024BasicNet income applicable to common stock$102,324 $150,711 Average common shares outstanding84,403,694 57,934,806 Net income per common share - basic$1.21 $2.60 DilutedNet income applicable to common stock$102,324 $150,711 Average common shares outstanding84,403,694 57,934,806 Effect of dilutive stock-based compensation530,696 362,748 Average common shares outstanding - diluted84,934,390 58,297,554 Net income per common share - diluted$1.20 $2.59 Stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented:Three Months Ended September 30, 20252024Number of shares1,0001,000Nine Months Ended September 30, 20252024Number of shares1,7941,000

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Table of ContentsRenasant Corporation and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)

Note 15 – Regulatory Matters

(In Thousands)The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken