Renasant (Renasant) Net Margin %

: 19.30% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Renasant's Net Income for the three months ended in Dec. 2023 was $28.1 Mil. Renasant's Revenue for the three months ended in Dec. 2023 was $145.7 Mil. Therefore, Renasant's net margin for the quarter that ended in Dec. 2023 was 19.30%.

The historical rank and industry rank for Renasant's Net Margin % or its related term are showing as below:

RNST' s Net Margin % Range Over the Past 10 Years
Min: 12.67 Med: 21.98 Max: 28.08
Current: 22.9

RNST's Net Margin % is ranked worse than
58.69% of 1462 companies
in the Banks industry
Industry Median: 25.535 vs RNST: 22.90

Renasant Net Margin % Historical Data

The historical data trend for Renasant's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Renasant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

28.08

12.67

27.02

26.34

22.90

Renasant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																27.03	26.62	19.43	25.26	19.30

Competitive Comparison

For the Banks - Regional subindustry, Renasant's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Renasant Net Margin % Distribution

For the Banks industry and Financial Services sector, Renasant's Net Margin % distribution charts can be found below:

* The bar in red indicates where Renasant's Net Margin % falls into.

Renasant Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Renasant's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	144.678	/	631.782
	=	22.90 %

Renasant's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	28.124	/	145.689
	=	19.30 %

Renasant (NYSE:RNST) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Renasant Net Margin % Related Terms

Thank you for viewing the detailed overview of Renasant's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Renasant (Renasant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Renasant Corp (NYSE:RNST) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

209 Troy Street, Tupelo, MS, USA, 38804-4827

Website

https://www.renasantbank.com

Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.

Executives

Curtis J Perry	officer: SEVP	P.O. BOX 120, COLUMBUS GA 31902
John Foy	director	1881 N PARC CIRCLE, TUPELO MS 38804
Rose J. Flenorl	director	209 TROY STREET, TUPELO MS 38804
Holland Neal A Jr	director	PO BOX 1948, DECATUR AL 35602
Baxter Jimmy R. Iii	officer: EVP/Chief Risk Officer	209 TROY ST, TUPELO MS 38804
James W Gray	officer: Executive Vice President
John Creekmore	director
Edward Robinson Mcgraw	officer: CEO/Pres
Mabry James C. Iv	officer: EVP and CFO	209 TROY STREET, TUPELO MS 38804
Kelly Hutcheson	officer: EVP/Chief Accounting Officer	209 TROY STREET, TUPELO MS 38804
R Rick Hart	director, officer: Sr Executive Vice President	916 CHANCERY LN, NASHVILLE TN 37205
Richard Heyer	director
Gary D. Butler	director	209 TROY STREET, TUPELO MS 38804
Bartow Jr Morgan	officer: Executive Vice President	106 E CROGAN STREET, LAWRENCEVILLE GA 30046
Fred F Sharpe	director	C/O HERITAGE FINANCIAL GROUP, 721 N WESTOVER BOULEVARD, ALBANY GA 31707