Renasant (Renasant) Total Assets

: $17,360.5 Mil (As of Dec. 2023)

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Renasant's Total Assets for the quarter that ended in Dec. 2023 was $17,360.5 Mil.

During the past 12 months, Renasant's average Total Assets Growth Rate was 5.10% per year. During the past 3 years, the average Total Assets Growth Rate was 6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.60% per year.

During the past 13 years, Renasant's highest 3-Year average Total Assets Growth Rate was 28.60%. The lowest was -0.80%. And the median was 8.50%.

Total Assets is connected with ROA %. Renasant's annualized ROA % for the quarter that ended in Dec. 2023 was 0.65%. Total Assets is also linked to Revenue through Asset Turnover. Renasant's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Renasant Total Assets Historical Data

The historical data trend for Renasant's Total Assets 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

Total Assets

13,400.62

14,929.61

16,810.31

16,988.18

17,360.54

Renasant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																16,988.18	17,474.08	17,224.34	17,181.62	17,360.54

Renasant Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2297.383	+	15063.152
	=	17,360.5

Renasant's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2297.383	+	15063.152
	=	17,360.5

Renasant (NYSE:RNST) Total Assets Explanation

Total Assets is connected with ROA %.

Renasant's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	112.496	/	( (17181.621	+	17360.535)	/ 2 )
	=	112.496	/	17271.078
	=	0.65 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Renasant's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	145.689	/	( (17181.621	+	17360.535)	/ 2 )
=	145.689	/	17271.078
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Renasant Total Assets Related Terms

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Renasant (Renasant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Renasant Corp (NYSE:RNST) » Definitions » Total Assets

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