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Renasant: 3Q Earnings Snapshot

TUPELO, Miss. (AP) _ Renasant Corp. (RNST) on Monday reported third-quarter earnings of $32 million.

The Tupelo, Mississippi-based bank said it had earnings of 61 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 78 cents per share.

The holding company for Renasant Bank posted revenue of $155.8 million in the period. Its revenue net of interest expense was $137.5 million, missing Street forecasts.

Renasant shares have decreased 13 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $35.47, a decline of 17 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