Renasant Corp (RNST) Files 10-K for the Fiscal Year Ended on December 31, 2017

In this article:

- By insider

Renasant Corp (RNST) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Renasant Corp is a part of the financial services sector. Its business involves the provision of community banking services, which includes checking and savings accounts, business and personal loans and interim construction loans. Renasant Corp has a market cap of $2.11 billion; its shares were traded at around $42.78 with a P/E ratio of 21.71 and P/S ratio of 4.30. The dividend yield of Renasant Corp stocks is 1.71%. Renasant Corp had annual average EBITDA growth of 2.20% over the past ten years.


For the last quarter Renasant Corp reported a revenue of $125.7 million, compared with the revenue of $108.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $469.0 million, an increase of 7% from last year. For the last five years Renasant Corp had an average revenue growth rate of 20% a year.

The reported diluted earnings per share was $1.96 for the year, a decline of 9.7% from the previous year. Over the last five years Renasant Corp had an EPS growth rate of 14.7% a year. The Renasant Corp enjoyed an operating margin of 34.08%, compared with the operating margin of 30.97% a year before. The 10-year historical median operating margin of Renasant Corp is 21.80%. The profitability rank of the company is 6 (out of 10).

At the current stock price of $42.78, Renasant Corp is traded at 52.9% premium to its historical median P/S valuation band of $27.97. The P/S ratio of the stock is 4.30, while the historical median P/S ratio is 2.81. The stock gained 5.38% during the past 12 months.

Directors and Officers Recent Trades:

  • SEVP James W Gray sold 5,000 shares of RNST stock on 02/23/2018 at the average price of $44.04. The price of the stock has decreased by 2.86% since.

  • SEVP R Rick Hart sold 10,000 shares of RNST stock on 02/05/2018 at the average price of $43.17. The price of the stock has decreased by 0.9% since.

For the complete 20-year historical financial data of RNST, click here.

This article first appeared on GuruFocus.


Advertisement