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Tag Archives: Renasant

Renasant promotes Adams to senior executive vice president

Renasant recently named Tracey Morant Adams to be Senior Executive Vice President, and Chief Community Development and Corporate Social Responsibility Officer. In her continued capacity with Renasant, Adams will lead external community relations and social responsibility strategies. Adams is responsible for community, economic, and business development for Renasant, especially within the areas of small business and mortgage lending. Prior to ...

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Waycaster a steady hand leading Renasant

TUPELO – For the first time since the turn of the millennium, Renasant Corp. will have a new chief executive. On Tuesday, Mitch Waycaster steps into the role of chairman and CEO of the the financial holding company that is the parent of Renasant Bank. Robin McGraw, who announced a year ago that he would retire from those positions he’s ...

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Renasant Bank’s Waycaster named honorary consul to Japan

The government of Japan recently appointed Mitch Waycaster to be the Honorary Consul of Japan in Tupelo. Waycaster, the president and chief operating officer of Renasant Bank, will serve a five-year term as honorary consul. In that role, Waycaster will assist the Consulate-General of Japan in Nashville in promoting positive Japan-U.S. relations in Mississippi, according to the office of Deputy ...

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Renasant reports record quarterly income

Renasant Corp. has reported record quarterly net income $25.3 million, up 10.4 percent from $22.9 million a year earlier. Earnings per share were 57 cents, compared with 54 cents for the second quarter of 2016. Renasant announced in January that it was buying Metropolitan BancGroup for $190 million in stock. The Tupelo-based bank said that acquiring Metropolitan’s $1.2 billion in ...

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Renasant income up 42.9 percent for third quarter

MBJ Staff Tupelo-based Renasant Corp. announced net income for the third quarter of 2016 was $23.2 million, or earnings per share of 55 cents, an increase of 42.9 percent from $16.2 million, or 40 cents, a year earlier. The bank said on Thursday that its balance sheet and results of operations include the impact of the its acquisition of KeyWorth Bank ...

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Renasant reports record quarterly earnings

Renasant Corp. announced on Tuesday record earnings for the second quarter, $22.9 million, or 54 cents per share, compared with $15.4 million, or 48 cents per share a year earlier. The Tupelo-based bank’s operations for the quarter that ended June 30 reflect the acquisition of KeyWorth Bank in Georgia, which was completed on April 1, according to news release. Along ...

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Regions, Trustmark in annual rivalry for Mississippi’s deposits

By TED CARTER Nearly one out of every three Mississippians park their money at either Regions Bank or Trustmark National Bank, a trend that goes back more than 10 years, FDIC figures show. Together, the two banks accounted for about $14 billion of the state’s total bank deposits of $49.6 billion from June 30, 2014 through June 30 of this year. ...

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BancorpSouth delays acquisitions yet again; Renasant completes Heritage takeover

Regulatory snags have once again delayed Tupelo’s BancorpSouth Inc. acquisitions of Ouachita Bancshares Corp. of Monrore, La.,  and Central Community Corp. of Temple, Tex. Meanwhile, Tupelo’s Renasant Bank has completed its takeover of  Heritage Financial Group Inc., a bank holding company headquartered in Albany, Ga. and the parent of the $1.9 billion HeritageBank of the South, a Georgia savings bank. ...

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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 entry to a number of ...

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