SEC Form SC 13G filed by Renasant Corporation

$RNST
Major Banks
Finance
Get the next $RNST alert in real time by email
SC 13G 1 tv01775-renasantcorp.htm SCHEDULE 13G renasantcorp

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934

Name of issuer:  Renasant Corp.

Title of Class of Securities:  Common Stock

CUSIP Number:  75970E107

Date of Event Which Requires Filing of this Statement: December 31, 2021

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on the following page(s))

 

 

13G

CUSIP No.:  75970E107

1.  NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

The Vanguard Group - 23-1945930

2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP

A. 

B.  X

3.  SEC USE ONLY

4.  CITIZENSHIP OF PLACE OF ORGANIZATION

Pennsylvania

(For questions 5-8, report the number of shares beneficially owned by each reporting person with:)

5.  SOLE VOTING POWER

0

6.  SHARED VOTING POWER

48,063

7.  SOLE DISPOSITIVE POWER

5,909,944

8.  SHARED DISPOSITIVE POWER

94,002

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

6,003,946

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

N/A

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

10.77%

12.  TYPE OF REPORTING PERSON

IA

 

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G
Under the Securities Act of 1934

Item 1(a) - Name of Issuer:

Renasant Corp.

Item 1(b) - Address of Issuer's Principal Executive Offices:

209 Troy Street
Tupelo, MS 38804-4827

Item 2(a) - Name of Person Filing:

The Vanguard Group - 23-1945930

Item 2(b) – Address of Principal Business Office or, if none, residence:

100 Vanguard Blvd.
Malvern, PA 19355

Item 2(c) – Citizenship:

Pennsylvania

Item 2(d) - Title of Class of Securities:

Common Stock

Item 2(e) - CUSIP Number

75970E107

Item 3 - Type of Filing:

This statement is being filed pursuant to Rule 13d-1.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

Item 4 - Ownership:

  (a) Amount Beneficially Owned:

  (b) Percent of Class:

 

 

(c)  Number of shares as to which such person has:

(i)  sole power to vote or direct to vote:  

(ii)  shared power to vote or direct to vote:  

(iii)  sole power to dispose of or to direct the disposition of:  

(iv)  shared power to dispose or to direct the disposition of:  

Comments:

The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.  

Item 5 - Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person:

The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.

No one other person's interest in the securities reported herein is more than 5%.

Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company:

Not applicable

Item 8 - Identification and Classification of Members of Group:

Not applicable

Item 9 - Notice of Dissolution of Group:

Not applicable

Item 10 - Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:  February 9, 2022

By /s/ Christine M. Buchanan
Name: Christine M. Buchanan
Title:  Principal

Get the next $RNST alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$RNST

DatePrice TargetRatingAnalyst
11/13/2024Outperform → Market Perform
Hovde Group
8/5/2024$38.00 → $39.00Market Perform → Outperform
Hovde Group
8/5/2024$34.00 → $40.00Neutral → Overweight
Piper Sandler
7/31/2024$34.00 → $41.00Equal-Weight → Overweight
Stephens
7/31/2024$39.00Mkt Perform → Outperform
Raymond James
7/25/2024$36.00 → $38.00Outperform → Market Perform
Hovde Group
4/6/2023Outperform → Mkt Perform
Raymond James
10/27/2022$41.00Mkt Perform → Outperform
Raymond James
More analyst ratings

$RNST
Press Releases

Fastest customizable press release news feed in the world

See more
  • Renasant Announces 2025 First Quarter Webcast and Conference Call Information

    TUPELO, Miss., April 08, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) (the "Company") will announce 2025 first quarter results following the NYSE's closing on Tuesday, April 22, 2025. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, April 23, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time). The webcast is accessible through Renasant's investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=3wLevIin. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2025 First Quarter Earnings Webcast an

    $RNST
    Major Banks
    Finance
  • Renasant Corporation Completes Merger with The First Bancshares, Inc.

    TUPELO, Miss., April 01, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) ("Renasant" or "the Company") announced today that it has completed its merger with The First Bancshares, Inc., the parent company of The First Bank ("The First"), effective April 1, 2025. Although the merger has been completed, full conversion and integration of The First's operations into Renasant's is expected to be completed in early August 2025. Until the conversion is completed, The First's customers should continue to conduct their banking business as usual, including using existing branches, debit cards, checks, credit cards and ATMs, and making loan payments. The Company has posted Frequently Asked

    $RNST
    Major Banks
    Finance
  • Renasant and The First Announce Receipt of Regulatory Approvals for Merger

    TUPELO, Miss. and HATTIESBURG, Miss., March 17, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) ("Renasant") and The First Bancshares, Inc. (NYSE:FBMS) ("The First") jointly announced today that they have received all necessary regulatory approvals to complete the proposed merger of The First with and into Renasant, and the related merger of The First's wholly owned subsidiary, The First Bank, with and into Renasant Bank, Renasant's wholly owned subsidiary. Renasant and The First previously announced that their respective shareholders approved the proposed merger at special shareholder meetings on October 22, 2024. "We're excited to have received regulatory approval to move forw

    $FBMS
    $RNST
    Major Banks
    Finance

$RNST
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$RNST
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$RNST
SEC Filings

See more

$RNST
Leadership Updates

Live Leadership Updates

See more
  • Renasant Announces Leadership Transition

    TUPELO, Miss., April 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Renasant Corporation (the "Company") implemented the next step of the Company's management succession plan, designating Kevin D. Chapman to become Chief Executive Officer of the Company and Renasant Bank (the "Bank") effective May 2025. Chapman will retain his current title and duties of President of both the Company and Bank. Over the next year, current Renasant CEO, C. Mitchell Waycaster will work with Chapman on the leadership transition; in May 2025, while stepping down from the CEO position, Waycaster will continue in his role as Executive Vice Chairman of the Company and the Bank. Chapman has been President

    $RNST
    Major Banks
    Finance

$RNST
Financials

Live finance-specific insights

See more
  • Renasant Announces 2025 First Quarter Webcast and Conference Call Information

    TUPELO, Miss., April 08, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) (the "Company") will announce 2025 first quarter results following the NYSE's closing on Tuesday, April 22, 2025. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, April 23, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time). The webcast is accessible through Renasant's investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=3wLevIin. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2025 First Quarter Earnings Webcast an

    $RNST
    Major Banks
    Finance
  • Renasant Corporation Declares Quarterly Dividend

    TUPELO, Miss., Feb. 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE:RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid March 31, 2025, to shareholders of record as of March 17, 2025. ABOUT RENASANT CORPORATION:Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $18.0 billion and operates 186 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis. For more information, please visit www.renasantbank.com or Renasant's

    $RNST
    Major Banks
    Finance
  • Renasant Corporation Announces Earnings For the Fourth Quarter of 2024

    TUPELO, Miss., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) (the "Company") today announced earnings results for the fourth quarter of 2024. (Dollars in thousands, except earnings per share)Three Months Ended Twelve Months Ended Dec 31, 2024Sep 30, 2024Dec 31, 2023 Dec 31, 2024Dec 31, 2023Net income and earnings per share:      Net income$44,747$72,455$28,124  $195,457$144,678 After-tax gain on sale of insurance agency — 38,951 —   38,951 — After-tax loss on sale of securities (including impairments) — — (17,859)  — (17,859)Basic EPS 0.70 1.18 0.50   3.29 2.58 Diluted EPS 0.70 1.18 0.50   3.27 2.56 Adjusted diluted EPS (Non-GAAP)(1) 0.73 0.70 0.76   2.76 3.15 Impact t

    $RNST
    Major Banks
    Finance

$RNST
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more