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Jun 30, 2025
Renasant Q2 2025 Earnings Report
Renasant reported earnings for the second quarter of 2025, reflecting significant progress on the merger and integration of The First Bancshares, Inc.
Key Takeaways
Renasant Corporation reported a net income of $1.0 million for the second quarter of 2025, significantly impacted by merger and acquisition-related expenses and a Day 1 acquisition provision for credit losses. Despite these one-time costs, the company saw substantial increases in net interest income and total assets due to the merger with The First Bancshares, Inc., and demonstrated strong organic loan and deposit growth.
Net income for Q2 2025 was $1.0 million, heavily impacted by $20.5 million in merger and conversion expenses and a $66.6 million Day 1 acquisition provision for credit losses.
Net interest income (fully tax equivalent) increased by $85.3 million linked quarter to $222.7 million, primarily driven by the merger with The First Bancshares, Inc.
Total assets significantly increased to $26.62 billion as of June 30, 2025, following the merger, which added $7.9 billion in assets from The First Bancshares, Inc.
The company achieved net organic loan growth of $311.6 million (6.9% annualized) and net organic deposit growth of $361.3 million (6.8% annualized) for the quarter.
Revenue by Segment
Forward Guidance
The report does not contain explicit forward-looking guidance with specific numerical targets or detailed future outlooks. It primarily focuses on the completed merger and its immediate impacts.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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