Renasant Corp. (RNST) Reports Q1 EPS of $0.20

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Renasant Corporation Announces Earnings For The First Quarter Of 2020

April 28, 2020 5:31 PM EDT

TUPELO, Miss., April 28, 2020 /PRNewswire/ -- Renasant Corporation (NASDAQ: RNST) (the "Company") today announced earnings results for the first quarter of 2020. Net income for the first quarter of 2020 was $2.0 million, as compared to $45.1 million for the first quarter of 2019. Basic and diluted earnings per share ("EPS") were $0.04 for the first quarter of 2020, as compared to basic and diluted EPS of $0.77 for the first quarter of 2019.

"Our results for this quarter were heavily impacted by the effect of the COVID-19 pandemic on our clients, employees and communities, which... More