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Tag Archives: E. Robinson McGraw

Renasant records highest quarterly earnings in 110-year history

TUPELO — Renasant Corporation saw net income for the third quarter of 2014 increase to $15,535,000, or basic and diluted earnings per share (EPS) of $0.49, as compared to $6,637,000, or basic and diluted EPS of $0.24, for the third quarter of 2013. The company’s balance sheet and results of operations as of and for the three months ending Sept. ...

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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 for the three months ending ...

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Renasant reports better profits after First M&F acquisition

TUPELO — Regional bank Renasant Corp. says profit in 2013’s fourth quarter rose 80 percent in the second period following its takeover of First M&F Corp. Renasant posted quarterly profit yesterday of $13.6 million, or 43 cents per share. That’s up from $7.6 million, or 30 cents per share, in 2013’s first quarter. Because that earlier period was before the ...

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Renasant sees rise in post-M&F merger profits

TUPELO — Renasant Corp. says profit in 2013’s fourth quarter rose 55 percent in the first reporting period following its takeover of First M&F Corp. Yesterday, Renasant posted quarterly profit of $11.3 million, or 36 cents per share. That’s up from $7.3 million, or 29 cents per share, in 2012’s fourth quarter. Because the period is the first full quarter ...

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Renasant sees quarterly earnings jump

TUPELO — Regional bank Renasant Corp.’s profit rose 26 percent in 2013’s second quarter from the same three months of 2012, as it set aside less for bad loans and increased interest earnings. Renasant said today it posted quarterly profit of $8.02 million, or 32 cents per share, up from $6.35 million or 25 cents per share in 2012’s second ...

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Renasant enters Atlanta suburbs with purchase of distressed Roswell bank

Tupelo-based Renasant Corp., parent of Renasant Bank, extended its regional reach with completion of a Federal Deposit Insurance Corp.-assisted acquisition of troubled American Trust Bank of Roswell, Ga. American Trust’s three suburban Atlanta locations will reopen Monday as Renasant Bank. The acquisition expands the $4.5 billion Renasant to 14 full-service locations in North Georgia, providing entry into the Roswell market ...

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Renasant shareholders vote on board members

At the annual shareholders meeting of Renasant Corporation, shareholders re-elected five individuals to serve three-year terms as Class 2 directors on its corporate and bank boards. The board members are John M. Creekmore of Amory, Neal A. Holland Jr. of Decatur, Ala., E. Robinson McGraw of Tupelo, Theodore S. Moll of Tupelo and J. Larry Young of Pontotoc. Also at ...

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