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On April 1 of this year, Renasant Corporation (NYSE:RNST) completed its merger with The First Bancshares, a deal that was first announced in July of 2024. The deal was valued at $1.2
Renasant Completes First Quarter Following Recent Merger
Summary
- Renasant's $1.2B merger with The First Bancshares expands its Southeastern US footprint, but the full impact remains unclear post-Q2 2025 results.
- The combined bank now controls $26.6B in assets and $21.6B in deposits, with diversified loan and deposit bases across the Southeast.
- Renasant Bank struggled with earnings growth before the merger, and recent activity has not given any indication of a significant turnaround.
- I recommend holding off on adding to RSNT positions until more clarity emerges on post-merger performance in the coming quarters.
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