Posts Tagged ‘Renasant’

December 19th Digital Edition

Click to view the December 19th Digital Edition of the Mississippi Business Journal. [...]

Renasant beefs up in Georgia with $258M purchase of HeritageBank

Tupelo’s Renasant Bank continued its march through Georgia last week with a definitive agreement to acquire Albany’s $1.9 billion Heritage Financial Group Inc., parent of HeritageBank of the South, through a stock purchase. Renasant, which a couple years ago began establishing a presence in North Georgia with acquisitions in Blairsville and suburban Atlanta, will gain […] [...]

Renasant of Mississippi buying Ga. bank in $258M deal

by Published: December 11,2014

Tags: banking, Business, finance, Mississippi, NEWS, Renasant

JACKSON — Mississippi-based regional bank Renasant Corp. said Wednesday that it will acquire Georgia-based Heritage Financial Group, the parent of HeritageBank of the South for $258 million in stock. The merger will move Renasant, based in Tupelo, into southern Georgia and northern Florida for the first time and slightly bolster the bank’s position in the […] [...]

Renasant reports much higher net income after First M&F buy

TUPELO — During the second quarter of 2014, Renasant Corporation saw net income increase 85 percent to $14,853,000, or basic and diluted earnings per share (EPS) of $0.47, compared to $8,019,000, or basic and diluted EPS of $0.32, for the second quarter of 2013. The company’s balance sheet and results of operations as of and […] [...]

Renasant, BancorpSouth acquisitions seen boosting earnings per share

by Published: February 17,2014

Tags: BancorpSouth, banking, Business, finance, Mississippi, Renasant

Analysts see bump-ups in earnings per share from growth achieved by Tupelo’s Renasant Bank through acquisition of M&F Bank of Kosciusko and growth expected by Tupelo neighbor BancorpSouth’s announced acquisitions in Texas and Louisiana. The $5.7 billion Renasant’s first full quarter with M&F was a solid one, Birmingham, Ala.-based Stern Agee reported, citing a .03 […] [...]

For Renasant, rejecting TARP cash provided certainty and flexibility

by Published: February 7,2014

Tags: banking, Business, Mississippi, Renasant

Just as any potential borrower looks over a loan offer and decides whether to take it, Renasant Bank closely examined the Treasury Department’s late 2008 offer of a loan to help it through a banking slump of historic proportions. Thanks, but no thanks, came the answer from the regional bank based in Tupelo. Renasant executives […] [...]

Renasant gets new officers — Yolanda Wooten, Loren Zimmerman and Gene Bell

by Published: December 6,2013

Tags: banking, Business, Mississippi, Renasant

Renasant Bank has made several officer promotions. Yolanda Wooten has been with Renasant since 2011, serving in the position of vice president and branch manager, and has been in banking for 38 years. In her new role with the Renasant, she will be responsible for the management of operations for the bank’s Starkville region. Wooten […] [...]

Click here to read July 19 issue of MBJ


Renasant, First M&F complete merger

by Published: June 28,2013

Tags: First M&F, Merchant & Farmers Bank, Renasant

Affirmative shareholder votes Tuesday cleared the way for Renasant to begin a $119 million acquisition of Kosciusko’s First M&F Corp. The acquisition gives the $4.2-billion regional bank based in Tupelo a central Mississippi presence and increased market shares in the northern part of the state as well as in Tennessee and Alabama. Tupelo’s Renasant announced […] [...]

Chapman named CFO

by Published: November 13,2011

Tags: banking, Kevin Chapman, Renasant

Kevin Chapman has been elected CFO for Renasant Corporation and Renasant Bank. Chapman joins current Renasant CFO Stuart Johnson as dual CFOs of the corporation and bank. Johnson will maintain his primary responsibilities of overseeing corporate governance, profitability analysis and internal accounting. Chapman has been an executive vice president for the company since January, 2011 […] [...]

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