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Sep 30
Renasant Q3 2025 Earnings Report
Renasant Corporation announced strong earnings for the third quarter of 2025, driven by good loan growth and profit improvement, with net income reaching $59.8 million and diluted EPS of $0.63.
Key Takeaways
Renasant Corporation reported a strong third quarter in 2025, with net income of $59.8 million and diluted EPS of $0.63. The company saw significant loan growth, an increase in net interest income, and improved adjusted net interest margin. The integration with The First is progressing well, positioning the company for future financial goals.
Net income for Q3 2025 was $59.8 million, with diluted EPS of $0.63 and adjusted diluted EPS (non-GAAP) of $0.77.
Net interest income (fully tax equivalent) increased by $5.4 million linked quarter to $228.1 million, with net interest margin at 3.85%.
Total loans grew by $462.1 million linked quarter, representing a 9.9% annualized net loan growth.
The Board of Directors approved a new $150.0 million stock repurchase program, replacing the expired $100.0 million program.
Renasant
Renasant
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CapyFin.comFees and Commissions Revenue
CapyFin.comWealth Management Revenue
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CapyFin.com Forward Guidance
Renasant Corporation's management believes the integration with The First is progressing well and positions the company to achieve the financial goals of the merger. The company also approved a new $150 million stock repurchase program.
Positive Outlook
- Successful integration with The First is expected to meet merger financial goals.
- Approval of a new $150.0 million stock repurchase program demonstrates confidence in future performance and capital management.
- Continued focus on loan growth, as evidenced by the strong Q3 performance.
- Strategic acquisitions are expected to enhance future financial performance.
- Management believes underlying assumptions for forward-looking statements are reasonable.
Challenges Ahead
- Potential challenges in efficiently integrating acquisitions and retaining customers.
- Exposure to unknown or contingent risks and liabilities from acquired businesses.
- Impact of economic conditions and interest rates on a national, regional, or international basis.
- Competitive pressures in various financial services industries.
- Changes in laws, regulations, accounting standards, and governmental policy could adversely affect operations.