Renasant Corp. (RNST) Misses Q4 EPS by 1c
Late Tuesday, Renasant Corp. (NASDAQ: RNST) reported Q4 EPS of $0.55, $0.01 worse than the analyst estimate of $0.56.
"We made significant achievements in 2016, and the financial results for the year are a testament to a well executed plan. Our diluted EPS of $2.17 per share represents our highest reported yearly earnings which was driven by the strong performance of our overall company coupled with the successful conversion and integration of KeyWorth's operations," commented Renasant Chairman and Chief Executive Officer, E. Robinson McGraw. "The results include our successful completion of the KeyWorth acquisition and a 22.97% annual growth in our legacy loan portfolio. As we look to 2017, we believe we are well positioned to continue to improve on profitability and earnings growth, which in turn will generate shareholder value."
For earnings history and earnings-related data on Renasant Corp. (RNST) click here.
