Renasant Bank
 | |
| Type | Public |
|---|---|
| NYSE: DLB | |
| Industry | |
| Founded | 1904 |
| Headquarters | Tupelo, Mississippi, U.S. |
Key people | Kevin Chapman (CEO) |
| Products | Financial services |
| Revenue |  US$1.091 billion (2024)[1] |
 US$195.4 million (2024)[1] | |
| Total assets | US$18.035 billion (2024)[1] |
| Total equity | US$2.678 billion (2024)[1] |
Number of employees | 3,200[2] |
| Website | renasantbank.com |
Renasant Bank is an American regional commercial financial institution based in Tupelo, Mississippi. The bank has more than 280 branches in Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina and South Carolina.[3] Renasant Bank operates under the parent company Renasant Corporation[4] and is affiliated with Renasant Nation,[5] a platform through which they publish blogs and shows.[5][6]
History
[edit]Renasant began as The Peoples Bank and Trust Company in 1904. Throughout the 1980s and 1990s the bank grew by acquiring small local banks in Mississippi. In 2005, it acquired Heritage Bank of Decatur, Alabama,[7] and Renasant Bancshares of Memphis, Tennessee and assumed the new Renasant Bank moniker. In 2007, Renasant acquired Capital Bank of Nashville, Tennessee.
In 2010, as part of the financial crisis, it acquired the failed Crescent Bank and Trust of Jasper, Georgia and later the American Trust Bank of Roswell, Georgia, both suburban Atlanta banks. Additional acquisitions followed in the 2010s, Merchants and Farmers Bank of Kosciusko, Mississippi in 2013, Heritage Bank of the South in Albany, Georgia, in 2015, and Keyworth Bank of Johns Creek, Georgia.[8][9] In the third quarter of 2018, Renasant acquired BrandBank of Lawrenceville, Georgia, adding 13 more locations.
In early 2025, Renasant acquired The First Bancshares, Inc., the parent company of The First Bank, headquartered in Hattiesburg, Mississippi, which added more than $8 billion in assets, 111 locations and introduced the company into the state of Louisiana.[10]
Services offered
[edit]Renasant Bank offers checking and savings accounts, credit cards, wealth management, and digital banking services.[11] It also offers conforming, FHA, Jumbo, VA, and USDA mortgages as well as HELOCs.[12][13] For businesses, it offers treasury and corporate banking services.[14]
Asset history
[edit]| Year | Reported Assets |
|---|---|
| 1954 | $3 million |
| 1973 | $73 million |
| 2003 | $1 billion+ |
| 2007 | $3.4 billion |
| 2012 | $4.2 billion |
| 2016 | $8.69 billion |
| 2017 | $9.82 billion |
| 2018 | $12.93 billion |
| 2019 | $13.40 billion |
| 2025 | $26 billion |
References
[edit]- 1 2 3 4 "2024 Annual Report".
- ↑ "About Us | Renasant Bank Local Community Banking".
- 1 2 "About". www.renasantbank.com. Retrieved March 24, 2020.
- ↑ "Corporate Profile › Renasant Bank". www.renasant.com. Retrieved March 24, 2020.
- 1 2 "Renasant Nation | Brought to you by Renasant Bank". Renasant Nation. Retrieved March 24, 2020.
- ↑ "Shows". Renasant Nation. Retrieved March 24, 2020.
- ↑ "Renasant's purchase of HeritageBank of the South approved". June 17, 2015.
- ↑ "Renasant Bank, History". usbanklocations.com. Retrieved August 16, 2016.
- ↑ "Mergers & Acquisitions › Renasant Bank". Archived from the original on March 15, 2016. Retrieved February 20, 2025.
- ↑ "Renasant Corporation Completes Merger with The First Bancshares Inc". Renasant Bank. August 1, 2025. Retrieved August 11, 2025.
- ↑ "Home". renasant.com.
- ↑ "Renasant Bank, Mortgage". Retrieved December 19, 2020.
- ↑ "Renasant Bank Mortgage Services and Reviews". mortgagewaldo.com. March 19, 2020. Retrieved December 19, 2020.
- ↑ "Business Banking | Renasant Bank Business Financial Support".
- ↑ "As Reported Financials › Renasant Bank". investors.renasant.com. Retrieved March 24, 2020.
