Renasant Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 22, 2019 at 04:45 pm
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Renasant Corp. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 115.457 million compared to USD 93.262 million a year ago. Net income was USD 44.420 million compared to USD 16.511 million a year ago. Basic earnings per share was USD 0.76 compared to USD 0.33 a year ago. For the full year, net interest income was USD 396.525 million compared to USD 336.897 million a year ago. Net income was USD 146.920 million compared to USD 92.188 million a year ago. Basic earnings per share was USD 2.8 compared to USD 1.97 a year ago. Diluted earnings per share was USD 2.79 compared to USD 1.96 a year ago.
Renasant Corporation owns and operates Renasant Bank. The Company operates through three segments: Community Banks segment, Insurance segment and Wealth Management segment. Community Banks segment delivers a complete range of banking and financial services to individuals and to businesses of all sizes, including checking and savings accounts, business and personal loans, asset-based lending, factoring and equipment leasing, as well as safe deposit and night depository facilities. Insurance segment includes a full-service insurance agency offering all various commercial and personal insurance through various carriers. Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts and custodial accounts. Through its Financial Services division, provides fixed and variable annuities, mutual funds, and other investment services.
RENASANT CORPORATION 
