Renasant Q2 FY26 net income rises 32.17% to $87.1 million

Reuters2026/07/28 20:43

By:Reuters

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Renasant posted 2Q 2026 net income of $87.1 million, with diluted EPS of $0.94; adjusted diluted EPS (non-GAAP) was $0.94.
Net interest margin eased 4 basis points from 1Q to 3.83%, while adjusted net interest margin (non-GAAP) held at 3.61%.
Loans rose $220.9 million from 1Q, including a $58.3 million portfolio acquired by Republic Business Credit.
Deposits fell $398.4 million from 1Q, driven by $367.7 million of seasonal public fund outflows; noninterest-bearing balances were 23.2% of deposits.
Credit quality improved as nonperforming loans slipped 9 basis points from 1Q to 0.97% of loans; net charge-offs were $2.8 million, or 0.06% annualized.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renasant Corporation published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Renasant Q2 FY26 net income rises 32.17% to $87.1 million

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