Renasant Corp. (RNST) Tops Q3 EPS by 2c

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Renasant Corporation Announces Earnings For the Third Quarter of 2020

October 27, 2020 4:45 PM EDT

TUPELO, Miss., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the Company) today announced earnings results for the third quarter of 2020. Net income for the third quarter of 2020 was $30.0 million, as compared to $37.4 million for the third quarter of 2019. Basic and diluted earnings per share (EPS) were $0.53 for the third quarter of 2020, as compared to basic and diluted EPS of $0.65 and $0.64, respectively, for the third quarter of 2019.

Net income for the nine months ending September 30, 2020, was $52.1 million, as compared to net income of $129.2 million for the same time period in 2019. Basic... More