7/105 sources · 4 publishersUpdated Oct 27, 22:36 UTC
Renasant reports Q3 2026 earnings miss and authorizes $175 million share repurchase
Renasant Corporation posted third‑quarter 2026 diluted earnings per share of $0.86, below the $0.94 consensus. Revenue came in at $272.95 million, missing the $282.34 million estimate. The board approved a new $175 million stock repurchase program that runs through October 2027. The company also announced a CFO transition, naming Catherine Mealor as successor.
Why it matters
Analysts note the earnings and revenue shortfall could pressure the stock, while the authorized buyback may provide support to shareholders. The CFO change adds a leadership update for investors.
Key facts
- 1Diluted EPS for Q3 2026 was $0.86. stocktitan.net
- 2Revenue for Q3 2026 was $272.95 million. seekingalpha.com
- 3Net income for Q3 2026 was $78.9 million. stocktitan.net
- 4Net interest income for Q3 2026 was $228.6 million. stocktitan.net
- 5Net interest margin for Q3 2026 was 3.77%. stocktitan.net
- 6Board authorized a $175.0 million stock repurchase program effective October 27 2026, lasting until October 2027 or full execution. stocktitan.net
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.