Stories Related to Renasant Reports Record Earnings Of $24m

Daily Journal TUPELO – For the sixth consecutive quarter, Renasant Corp. reported record earnings. On Tuesday, the parent financial holding company of Renasant Bank said it had net income of $24 million during its first quarter, an increase of nearly 13 percent compared to a year ago. The results equate to 54 cents per share during this year’s first quarter, 2 cents more than the first quarter of 2016. Earlier this year, Renasant said it would acquire Nashville-based Metropolitan Bancorp, the parent company of Metropolitan Bank, in an all-stock merger valued at about $190 million.

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Topics:  Mississippi   Lee County   Tupelo   
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