Renasant Balance Sheet Health
Financial Health criteria checks 6/6
Renasant has total assets of $17.3B and total equity of $2.3B. Total deposits are $14.2B, and total loans are $12.3B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $844.4M.
Key information
7.5x
Asset to equity ratio
3.5%
Net interest margin
Total deposits | US$14.24b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.6% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$844.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: RN6's Assets to Equity ratio (7.5x) is low.
Allowance for Bad Loans: RN6 has a sufficient allowance for bad loans (271%).
Low Risk Liabilities: 95% of RN6's liabilities are made up of primarily low risk sources of funding.
Loan Level: RN6 has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: RN6's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: RN6 has an appropriate level of bad loans (0.6%).