Renasant Bank

Renasant Bank is a regional commercial financial institution based in Tupelo, Mississippi. The bank has a market cap of greater than $1 billion and more than 190 branches in Alabama, Florida, Georgia, Mississippi and Tennessee.[2] Renasant Bank operates under the parent company Renasant Corporation[3] and is affiliated with Renasant Nation[4], a platform through which they publish blogs and shows.[4][5]

Renasant Bank
Public
Traded asNASDAQ: RNST
Russell 2000 Component
IndustryFinance and insurance, Securities
Founded1904
HeadquartersTupelo, Mississippi, US
Key people
Claude Mitchell "Mitch" Waycaster (president & CEO)
ProductsFinancial services
Number of employees
2,400[1]
Websiterenasantbank.com

History

Renasant began as The Peoples Bank and Trust Company in 1904. Throughout the 1980s and 1990s the bank grew by acquiring small local banks in Mississippi. In 2005, it acquired Heritage Bank of Decatur, Alabama,[6] and Renasant Bancshares of Memphis, Tennessee and assumed the new Renasant Bank moniker. In 2007, Renasant acquired Capital Bank of Nashville, Tennessee. In 2010, as part of the financial crisis, it acquired the failed Crescent Bank and Trust of Jasper, Georgia and later the American Trust Bank of Roswell, Georgia, both suburban Atlanta banks. Additional acquisitions followed in the 2010s, Merchants and Farmers Bank of Kosciusko, Mississippi in 2013, Heritage Bank of the South in Albany, Georgia, in 2015, and Keyworth Bank of Johns Creek, Georgia.[7][8]In the third quarter of 2018, Renasant acquired BrandBank of Lawrenceville, Georgia, adding 13 more locations.

Asset history
Asset History[2][9]
Year Reported Assets
1954 $3 million
1973 $73 million
2003 $1 billion+
2007 $3.4 billion
2012 $4.2 billion
2016 $8.69 billion
2017 $9.82 billion
2018 $12.93 billion
2019 $13.40 billion


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gollark: Interesting that there's absolutely no overlap between top star receivers and top star givers there.

References
  1. https://www.renasantbank.com/about
  2. "About". www.renasantbank.com. Retrieved 2020-03-24.
  3. "Corporate Profile › Renasant Bank". www.renasant.com. Retrieved 2020-03-24.
  4. "Renasant Nation | Brought to you by Renasant Bank". Renasant Nation. Retrieved 2020-03-24.
  5. "Shows". Renasant Nation. Retrieved 2020-03-24.
  6. http://www.al.com/business/index.ssf/2015/06/renasant_banks_purchase_of_her.html
  7. "Renasant Bank, History". usbanklocations.com. Retrieved 16 August 2016.
  8. http://www.renasant.com/MNA/100541
  9. "As Reported Financials › Renasant Bank". investors.renasant.com. Retrieved 2020-03-24.
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