Renasant
Renasant Corporation is a 122-year-old, publicly traded regional bank (NYSE: RNST) headquartered in Tupelo, Mississippi, operating 282 banking offices across the Southeast and serving personal, business, commercial, and wealth management customers with approximately $27.1 billion in total assets post-First Bancshares merger.
- Company typePublic
- Founded1903
- HeadquartersTupelo, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Renasant does
Renasant Corporation is a Mississippi-based, publicly traded regional bank holding company (NYSE: RNST) that has operated continuously for over 120 years since its founding in 1903 in Tupelo. Following the April 2025 merger with The First Bancshares, Inc., Renasant operates approximately $27.1 billion in total assets through 282 banking, lending, mortgage, and wealth management offices concentrated in the Southeastern United States. The bank serves four primary segments — personal banking, business banking, corporate/commercial banking, and wealth management — and also operates nationwide through its Republic Business Credit subsidiary, which provides factoring and asset-based lending to clients across 30 states.
The company's product suite spans deposit accounts, consumer and commercial loans, SBA financing, residential mortgages, treasury and cash management solutions, equipment financing, asset-based lending, and wealth/trust services delivered through the core bank and sub-brands such as Park Place Capital. Distribution combines physical branch banking with online and mobile banking platforms offering mobile check deposit, Zelle, bill pay, and digital account opening; relationship managers drive commercial and SMB origination through a sales-led motion focused on deposit growth and loan origination. Underlying technology is described as standard regional banking infrastructure with no proprietary or publicly disclosed AI/ML capabilities, no APIs, and no published integrations or developer ecosystem.
Revenue is generated primarily through net interest income (the spread on commercial real estate, residential mortgage, consumer, and securities portfolios versus deposit and borrowing costs) supplemented by non-interest fee income from deposits, wealth and trust services, mortgage origination and servicing, treasury solutions, and Republic Business Credit's factoring and asset-based lending operations. Renasant's asset-sensitive balance sheet positions earnings to benefit from higher-for-longer interest rates, and the institution is subject to standard federal banking regulation. Institutional holders include Deprince Race & Zollo Inc., Jain Global LLC, and the New York State Common Retirement Fund.
Renasant firmographics
Firmographics- Name
- Renasant
- Legal name
- Renasant Corporation
- Website
- https://renasant.com
- Company type
- Public
- Founded year
- 1903
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Renasant Corporation is a 122-year-old, publicly traded regional bank (NYSE: RNST) headquartered in Tupelo, Mississippi, operating 282 banking offices across the Southeast and serving personal, business, commercial, and wealth management customers with approximately $27.1 billion in total assets post-First Bancshares merger.
- Ownership category
- akta.pro rank
Renasant industry classification
Industry- Product category
- Regional Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221), Commercial Banking (522110)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industry
- Investment Management Advisory (RIA) (FSAEAAAB)
Keywords
Where Renasant is headquartered
LocationHeadquarters
- HQ city
- Tupelo
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Renasant business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Net Interest Income: Interest income from loan portfolio including commercial real estate, residential mortgages, consumer loans, and investment securities, offset by interest expense on deposits and borrowings. Primary revenue driver representing the spread between interest earned on assets and interest paid on liabilities.
- Non-Interest Income: Fee income from deposit accounts, wealth management services, trust services, mortgage origination and servicing, and treasury management solutions. Includes Republic Business Credit operations providing factoring and asset-based lending on a nationwide basis.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal banking products with various fee structures |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Renasant product offering
Product offeringCore offering
Renasant Corporation, through its subsidiary Renasant Bank, is a regional financial services institution offering personal and business deposit accounts, commercial and consumer lending, residential mortgages, wealth management, trust services, and treasury/cash management solutions to consumers, small/mid-sized businesses, and commercial clients across the Southeastern United States. The company also provides nationwide factoring and asset-based lending through its Republic Business Credit subsidiary. Services are delivered through 282 physical offices, online and mobile banking platforms, and dedicated commercial banking teams.
Product overview
Renasant Corporation operates as a unified regional banking platform offering a comprehensive suite of banking, lending, mortgage, and wealth management products through its subsidiary Renasant Bank. The company operates a multi-channel distribution model with 282 banking offices across the Southeast, supported by digital banking platforms (online and mobile banking). The core banking products include personal and business checking/savings accounts, while the mortgage division handles residential lending. Wealth management services are delivered through in-house trust services, Park Place Capital, and private client banking. The company expanded its capabilities nationally through the 2023 acquisition of Republic Business Credit, which provides asset-based lending and factoring services. Treasury solutions round out the business banking offerings with cash management and merchant services.
Differentiator
Problem solved
Functional benefit
Brands
- Park Place Capital: Wealth management and investment services division
- Republic Business Credit
Products and services
- Personal Banking Comprehensive personal banking services including checking accounts, savings accounts, credit cards, and personal loans offered to individual consumers across the Southeast.
- Business Banking Commercial and small business banking solutions including business checking accounts, commercial savings, money market accounts, SBA loans, and corporate banking services.
- Mortgage Residential mortgage products including purchase mortgages, renovation and repair loans, the Community Homebuyer Program, home equity lines of credit, and affordable mortgage products for homebuyers.
- Wealth Management Comprehensive wealth management services including financial planning, trust services, private client banking, medical banking for healthcare professionals, and retirement planning solutions.
- Digital Banking Online and mobile banking platform providing 24/7 account access, mobile check deposit, bill pay, Zelle transfers, mobile wallet, and Click to Pay digital payment functionality via iOS and Android apps.
- Treasury Solutions Cash management and treasury services for businesses including ACH positive pay, ACH services, lockbox, business check express, business mobile banking, employee purchasing cards, enhanced internet banking, investment sweep accounts, merchant card processing, positive pay fraud protection, and target balance accounts.
- Corporate Banking Corporate banking services including asset-based lending, equipment financing and leasing, retirement plan services, and financial institutions partnerships for larger commercial clients.
- Republic Business Credit Asset-based lending and factoring services offered nationwide, providing working capital solutions for businesses across 30 states.
- Park Place Capital Wealth management and investment services operating under Renasant's umbrella, focusing on private client banking and investment advisory services for high-net-worth individuals and families.
Quantifiable outcome
- Efficiency ratio improved to 55.7% from 65.5% year-over-year
- +3 more outcomes
Companies that use Renasant
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
Renasant technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Renasant partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Republic Business CreditcoreRepublic Business Credit became a subsidiary of Renasant Bank following an acquisition completed in 2023. The company provides factoring and asset-based lending services nationwide. Under Renasant ownership, Republic has expanded from one office in New Orleans to five offices across the US with over 40 employees serving hundreds of clients across 30 states.
- The First Bancshares, Inc.coreMerger with The First Bancshares, Inc. completed effective April 1, 2025. This transformative merger expanded Renasant's total assets by 48.3% to approximately $26.8 billion and was the largest-ever systems conversion for the company. Full integration expected by early August 2025. The deal involved a 1:1 stock exchange valued at approximately $1.2 billion.
Scale indicators8 records
Recent moves6 records
Expansion highlights4 records
Renasant competitors and assessment
Company assessmentBroad incumbents
- Regions Financial Corporation: Large Southeast-headquartered regional bank with a much broader branch footprint and product platform, competing with Renasant across consumer, commercial, and wealth segments while operating at meaningfully greater scale.
- Truist Financial Corporation: One of the largest U.S. regional banks with a massive Southeast footprint, offering overlapping retail, commercial, mortgage, and wealth products that compete with Renasant across most of its geographies.
- Huntington Bancshares: Midwest-and-nationally-expanding regional bank with comparable commercial banking, treasury, and wealth management capabilities, providing a useful benchmark for a regional bank scaling via M&A and organic growth.
- First Horizon Corporation: Major Southeast and national regional bank with overlapping commercial banking, mortgage, and wealth management capabilities, serving as a larger-scale comparable for Renasant's regional banking strategy.
Direct peers
- Trustmark Corporation: Mississippi-based regional bank with comparable deposit-gathering, commercial lending, and wealth management operations across the Southeast, directly competing with Renasant for similar customer segments in overlapping geographies.
- Cadence Bank: Southeast-focused regional commercial bank (formerly BancorpSouth) with a similar mix of community banking, commercial lending, and wealth management, competing head-to-head with Renasant in many of the same MSAs.
- ServisFirst Bancshares: Southeast and Texas-based regional bank with a relationship-driven commercial banking model closely mirroring Renasant's operating approach and customer mix.
- United Community Banks: Southeast-focused regional bank with comparable community-banking footprint, commercial lending, and wealth management services, often grouped with Renasant as a similarly sized Southeast peer.
- Pinnacle Financial Partners: Tennessee-based regional bank with similar commercial-led model, strong deposit franchise, and Southeast expansion, often cited alongside Renasant as a high-performing mid-cap Southeast bank.
- Synovus Financial Corp. Southeast regional bank headquartered in Georgia with similar commercial banking, treasury management, and wealth management offerings, directly competing with Renasant in overlapping Southeast markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Renasant social profiles
Digital presenceRenasant financial estimates
Financial estimateRevenue estimate
Valuation estimate
Renasant leadership team
Management profileNumber of profiles
Profiles4 records
Renasant subsidiaries and ownership
Company hierarchySubsidiaries2 records
Renasant funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Renasant M&A and investment
M&A and investmentM&A7 records
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Renasant
What does Renasant do?
Renasant Corporation, through its subsidiary Renasant Bank, is a regional financial services institution offering personal and business deposit accounts, commercial and consumer lending, residential mortgages, wealth management, trust services, and treasury/cash management solutions to consumers, small/mid-sized businesses, and commercial clients across the Southeastern United States. The company also provides nationwide factoring and asset-based lending through its Republic Business Credit subsidiary. Services are delivered through 282 physical offices, online and mobile banking platforms, and dedicated commercial banking teams.
Is Renasant a public or private company?
Renasant is a public company. It is classified as public and is currently operating.
When was Renasant founded?
Renasant was founded in 1903. It employs 1,001 to 5,000 people.
Where is Renasant based?
Renasant is headquartered in Tupelo, United States, in the North America region.
How does Renasant make money?
Two revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income.
Who are Renasant's main competitors?
Broad incumbents on record are Regions Financial Corporation, Truist Financial Corporation, Huntington Bancshares and First Horizon Corporation. Direct peers are Trustmark Corporation, Cadence Bank, ServisFirst Bancshares, United Community Banks, Pinnacle Financial Partners and Synovus Financial Corp..
Does Renasant have an API?
No public API is recorded for Renasant.
What industry is Renasant in?
Renasant's product category is Regional Banking. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAEAAAB, Investment Management Advisory (RIA). Its NAICS code is 52211 and its SIC code is 6021.