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Renasant: 1Q Earnings Snapshot

TUPELO, Miss. (AP) _ Renasant Corp. (RNST) on Tuesday reported first-quarter profit of $45.1 million.

The bank, based in Tupelo, Mississippi, said it had earnings of 77 cents per share.

The holding company for Renasant Bank posted revenue of $173 million in the period. Its revenue net of interest expense was $149 million, beating Street forecasts.

Renasant shares have risen 14 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.50, a decrease of 25 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RNST at https://www.zacks.com/ap/RNST