Renasant Corporation (RNST) - Net Assets
Based on the latest financial reports, Renasant Corporation (RNST) has net assets worth $3.83 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.73 Billion) and total liabilities ($22.90 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Renasant Corporation's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.83 Billion |
| % of Total Assets | 14.31% |
| Annual Growth Rate | 11.99% |
| 5-Year Change | -81.47% |
| 10-Year Change | 158.32% |
| Growth Volatility | 98.59 |
Renasant Corporation - Net Assets Trend (1990–2024)
This chart illustrates how Renasant Corporation's net assets have evolved over time, based on quarterly financial data. Also explore RNST asset base for the complete picture of this company's asset base.
Annual Net Assets for Renasant Corporation (1990–2024)
The table below shows the annual net assets of Renasant Corporation from 1990 to 2024. For live valuation and market cap data, see Renasant Corporation market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.68 Billion | +16.58% |
| 2023-12-31 | $2.30 Billion | +7.55% |
| 2022-12-31 | $2.14 Billion | -3.34% |
| 2021-12-31 | $2.21 Billion | -84.71% |
| 2020-12-31 | $14.45 Billion | +580.00% |
| 2019-12-31 | $2.13 Billion | +4.00% |
| 2018-12-31 | $2.04 Billion | +34.91% |
| 2017-12-31 | $1.51 Billion | +22.88% |
| 2016-12-31 | $1.23 Billion | +18.91% |
| 2015-12-31 | $1.04 Billion | +45.69% |
| 2014-12-31 | $711.65 Million | +6.91% |
| 2013-12-31 | $665.65 Million | +33.61% |
| 2012-12-31 | $498.21 Million | +2.26% |
| 2011-12-31 | $487.20 Million | +3.77% |
| 2010-12-31 | $469.51 Million | +14.48% |
| 2009-12-31 | $410.12 Million | +2.44% |
| 2008-12-31 | $400.37 Million | +0.33% |
| 2007-12-31 | $399.07 Million | +57.92% |
| 2006-12-31 | $252.70 Million | +7.33% |
| 2005-12-31 | $235.44 Million | +31.50% |
| 2004-12-31 | $179.04 Million | +30.09% |
| 2003-12-31 | $137.62 Million | +3.65% |
| 2002-12-31 | $132.78 Million | +7.44% |
| 2001-12-31 | $123.58 Million | +1.58% |
| 2000-12-31 | $121.66 Million | +4.79% |
| 1999-12-31 | $116.10 Million | +5.35% |
| 1998-12-31 | $110.20 Million | +12.22% |
| 1997-12-31 | $98.20 Million | +8.39% |
| 1996-12-31 | $90.60 Million | +6.59% |
| 1995-12-31 | $85.00 Million | +15.33% |
| 1994-12-31 | $73.70 Million | +5.44% |
| 1993-12-31 | $69.90 Million | +8.20% |
| 1992-12-31 | $64.60 Million | +5.73% |
| 1991-12-31 | $61.10 Million | +7.38% |
| 1990-12-31 | $56.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renasant Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7049.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.09 Billion | 40.84% |
| Common Stock | $332.42 Million | 12.41% |
| Other Comprehensive Income | $-142.61 Million | -5.32% |
| Other Components | $1.39 Billion | 52.07% |
| Total Equity | $2.68 Billion | 100.00% |
Renasant Corporation Competitors by Market Cap
The table below lists competitors of Renasant Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Copa Holdings S.A
F:C2H
|
$3.47 Billion |
|
PT Indofood Sukses Makmur Tbk
JK:INDF
|
$3.47 Billion |
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
$3.47 Billion |
|
Cofinimmo SA
BR:COFB
|
$3.47 Billion |
|
H&E Equipment Services Inc
NASDAQ:HEES
|
$3.47 Billion |
|
Jilin Power Share Co Ltd
SHE:000875
|
$3.47 Billion |
|
Academy Sports Outdoors Inc
NASDAQ:ASO
|
$3.47 Billion |
|
K.P.R. Mill Limited
NSE:KPRMILL
|
$3.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renasant Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,297,383,000 to 2,678,318,000, a change of 380,935,000 (16.6%).
- Net income of 195,457,000 contributed positively to equity growth.
- Dividend payments of 53,727,000 reduced retained earnings.
- New share issuances of 217,000,000 increased equity.
- Other comprehensive income increased equity by 11,648,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $195.46 Million | +7.3% |
| Dividends Paid | $53.73 Million | -2.01% |
| Share Issuances | $217.00 Million | +8.1% |
| Other Comprehensive Income | $11.65 Million | +0.43% |
| Other Changes | $10.56 Million | +0.39% |
| Total Change | $- | 16.58% |
Book Value vs Market Value Analysis
This analysis compares Renasant Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 8.90x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $4.48 | $39.82 | x |
| 1991-12-31 | $4.78 | $39.82 | x |
| 1992-12-31 | $5.03 | $39.82 | x |
| 1993-12-31 | $5.47 | $39.82 | x |
| 1994-12-31 | $5.59 | $39.82 | x |
| 1995-12-31 | $6.44 | $39.82 | x |
| 1996-12-31 | $6.87 | $39.82 | x |
| 1997-12-31 | $7.23 | $39.82 | x |
| 1998-12-31 | $7.90 | $39.82 | x |
| 1999-12-31 | $8.28 | $39.82 | x |
| 2000-12-31 | $8.85 | $39.82 | x |
| 2001-12-31 | $9.35 | $39.82 | x |
| 2002-12-31 | $10.46 | $39.82 | x |
| 2003-12-31 | $11.02 | $39.82 | x |
| 2004-12-31 | $13.82 | $39.82 | x |
| 2005-12-31 | $14.96 | $39.82 | x |
| 2006-12-31 | $15.94 | $39.82 | x |
| 2007-12-31 | $21.02 | $39.82 | x |
| 2008-12-31 | $18.96 | $39.82 | x |
| 2009-12-31 | $19.33 | $39.82 | x |
| 2010-12-31 | $20.43 | $39.82 | x |
| 2011-12-31 | $19.34 | $39.82 | x |
| 2012-12-31 | $19.79 | $39.82 | x |
| 2013-12-31 | $24.24 | $39.82 | x |
| 2014-12-31 | $22.41 | $39.82 | x |
| 2015-12-31 | $28.62 | $39.82 | x |
| 2016-12-31 | $29.36 | $39.82 | x |
| 2017-12-31 | $32.23 | $39.82 | x |
| 2018-12-31 | $38.84 | $39.82 | x |
| 2019-12-31 | $36.51 | $39.82 | x |
| 2020-12-31 | $37.77 | $39.82 | x |
| 2021-12-31 | $39.38 | $39.82 | x |
| 2022-12-31 | $38.07 | $39.82 | x |
| 2023-12-31 | $40.70 | $39.82 | x |
| 2024-12-31 | $44.83 | $39.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renasant Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.83%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 6.73x
- Recent ROE (7.30%) is below the historical average (8.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 12.13% | 10.73% | 0.10x | 11.19x | $1.21 Million |
| 1991 | 10.15% | 9.81% | 0.10x | 10.57x | $90.00K |
| 1992 | 8.67% | 9.88% | 0.09x | 10.21x | $-860.00K |
| 1993 | 10.73% | 13.39% | 0.08x | 10.28x | $510.00K |
| 1994 | 11.13% | 13.06% | 0.08x | 10.68x | $830.00K |
| 1995 | 10.82% | 12.50% | 0.09x | 9.90x | $700.00K |
| 1996 | 10.49% | 12.27% | 0.09x | 9.86x | $440.00K |
| 1997 | 11.20% | 12.57% | 0.09x | 9.89x | $1.18 Million |
| 1998 | 10.62% | 12.21% | 0.09x | 10.05x | $680.00K |
| 1999 | 12.75% | 14.37% | 0.09x | 10.02x | $3.19 Million |
| 2000 | 9.19% | 10.36% | 0.09x | 9.96x | $-982.10K |
| 2001 | 11.80% | 13.01% | 0.09x | 10.15x | $2.23 Million |
| 2002 | 12.33% | 15.39% | 0.08x | 10.13x | $3.09 Million |
| 2003 | 13.21% | 17.70% | 0.07x | 10.28x | $4.42 Million |
| 2004 | 10.30% | 16.87% | 0.06x | 9.54x | $538.80K |
| 2005 | 10.28% | 14.36% | 0.07x | 10.18x | $665.00K |
| 2006 | 10.73% | 13.55% | 0.08x | 10.33x | $1.85 Million |
| 2007 | 7.79% | 12.42% | 0.07x | 9.05x | $-8.81 Million |
| 2008 | 6.01% | 9.43% | 0.07x | 9.28x | $-15.99 Million |
| 2009 | 4.52% | 8.12% | 0.06x | 8.88x | $-22.49 Million |
| 2010 | 6.75% | 14.67% | 0.05x | 9.15x | $-15.28 Million |
| 2011 | 5.26% | 11.34% | 0.05x | 8.62x | $-23.09 Million |
| 2012 | 5.35% | 11.68% | 0.05x | 9.31x | $-23.18 Million |
| 2013 | 5.03% | 13.26% | 0.04x | 8.63x | $-33.08 Million |
| 2014 | 8.37% | 19.41% | 0.05x | 8.16x | $-11.58 Million |
| 2015 | 6.56% | 18.32% | 0.05x | 7.65x | $-35.67 Million |
| 2016 | 7.38% | 19.49% | 0.05x | 7.06x | $-32.36 Million |
| 2017 | 6.09% | 18.19% | 0.05x | 6.49x | $-59.31 Million |
| 2018 | 7.19% | 24.25% | 0.05x | 6.33x | $-57.47 Million |
| 2019 | 7.88% | 24.09% | 0.05x | 6.30x | $-44.97 Million |
| 2020 | 3.92% | 11.43% | 0.05x | 7.00x | $-129.61 Million |
| 2021 | 7.96% | 25.28% | 0.04x | 7.61x | $-45.09 Million |
| 2022 | 7.77% | 24.03% | 0.04x | 7.95x | $-47.53 Million |
| 2023 | 6.30% | 15.90% | 0.05x | 7.56x | $-85.06 Million |
| 2024 | 7.30% | 18.83% | 0.06x | 6.73x | $-72.37 Million |
Industry Comparison
This section compares Renasant Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renasant Corporation (RNST) | $3.83 Billion | 12.13% | 5.99x | $3.47 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Renasant Corporation
Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. The company operates through Community Banks, Insurance, and Wealth Management segments. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lend… Read more