Company: RNST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000715072-25-000180
Chunk: 5

Company: RENASANT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 5
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Advertising and public relations4,297 4,886 Intangible amortization1,080 1,212 Communications2,033 2,024 Merger and conversion related expenses791 — Other14,379 14,669 Total noninterest expense113,949 112,912 Income before income taxes51,966 49,321 Income taxes10,448 9,912 Net income$41,518 $39,409 Basic earnings per share$0.65 $0.70 Diluted earnings per share$0.65 $0.70 Cash dividends per common share$0.22 $0.22 

See Notes to Consolidated Financial Statements.

2

Table of Contents

Renasant Corporation and Subsidiaries

Consolidated Statements of Comprehensive Income (Unaudited)

(In Thousands)

Three Months Ended March 31, 20252024Net income$41,518 $39,409 Other comprehensive income, net of tax:Securities available for sale:Unrealized holding gains (losses) on securities19,970 (4,634)Amortization of unrealized holding losses on securities transferred to the held to maturity category2,265 2,438 Total securities available for sale22,235 (2,196)Derivative instruments:Unrealized holding losses on derivative instruments(1,322)(570)Total derivative instruments(1,322)(570)Defined benefit pension and post-retirement benefit plans:Amortization of net actuarial loss recognized in net periodic pension cost74 79 Total defined benefit pension and post-retirement benefit plans74 79 Other comprehensive income (loss), net of tax20,987 (2,687)Comprehensive income$62,505 $36,722 

See Notes to Consolidated Financial Statements.

3

Renasant Corporation and Subsidiaries

Consolidated Statements of Changes in Shareholders’ Equity

(Unaudited)

(In Thousands, Except Share Data)

Common StockTreasury StockAdditional Paid-In CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)TotalThree Months Ended March 31, 2025SharesAmountBalance at January 1, 202563,565,690 $332,421 $(97,196)$1,491,847 $1,093,854 $(142,608)$2,678,318 Net