Renasant Corp. (RNST) Reports Q4 EPS of 33c
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Renasant Corporation Announces Earnings For The Fourth Quarter Of 2017
January 16, 2018 4:50 PM ESTTUPELO, Miss., Jan. 16, 2018 /PRNewswire/ --Â Renasant Corporation (NASDAQ: RNST) (the "Company") today announced earnings results for the fourth quarter of 2017. Although the Company expects to realize material tax savings in the future as a result of the Tax Cuts and Jobs Act, the Company was required to revalue its net deferred tax assets in the fourth quarter of 2017 to reflect the corporate tax rate reduction implemented by this legislation. This revaluation, addressed in more detail later in this release, resulted in an approximately $14.5 million after-tax write-down of the Company's net... More
