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Tag Archives: return-on-assets

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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Mississippi banks still confront headwinds others have left behind

Profits of Mississippi banks held more firmly at the outset of the nationwide banking crisis in December 2008, but today banks outside of Mississippi are out-performing those in the Magnolia State. The good news, according to banking consultant Brandon Roberts, is that earnings appear to have reached the bottom for the nation and Mississippi and are actually increasing. “However, earnings ...

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