Renasant Corp. (RNST) Raises Quarterly Dividend 5.9% to $0.18; 2.1% Yield
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Renasant Corporation Announces 2016 First Quarter Earnings; Increases Quarterly Cash Dividend
April 26, 2016 6:12 PM EDTTUPELO, Miss., April 26, 2016 /PRNewswire/ -- Renasant Corporation (NASDAQ: RNST) (the "Company") today announced financial results for the first quarter of 2016. Net income for the first quarter of 2016 was $21.2 million, or basic earnings per share ("EPS") of $0.53 and diluted EPS of $0.52, as compared to $15.2 million, or basic and diluted EPS of $0.48, for the first quarter of 2015. Excluding the impact of after-tax merger and conversion expenses incurred during each quarter, basic and diluted EPS were $0.54 for the first quarter of 2016, as compared to basic and diluted EPS of $0.49 for the first quarter of... More
