NYSE:RNSTBanks
Renasant Earnings Beat Sparks Questions On Credit Risks And Valuation
Renasant (NYSE:RNST) reported quarterly results that significantly exceeded market expectations on both revenue and earnings.
The stronger than expected fourth quarter performance set the company apart from many regional banking peers facing sector wide pressures.
Renasant, a regional financial services provider, operates in a sector that has been under pressure from fintech competition and shifting customer behavior around deposits. In that context, the latest quarter stands out because...