RENASANT Business Summary

Renasant Corp (RNST) is a regional financial services holding company that generates revenue primarily through net interest income from its lending and securities portfolios, supplemented by non-interest income from fee-based services. The company operates through three main business segments: Community Banks, which provides traditional commercial and consumer banking, asset-based lending, and factoring; Wealth Management, offering fiduciary, trust, and investment advisory services; and Insurance, which provides a full range of commercial and personal insurance products. Following its transformative April 2025 merger with The First Bancshares, Renasant significantly expanded its footprint across the Southeastern United States, reaching approximately $26.7 billion in total assets. The company competes directly with regional peers such as Ameris Bancorp, Hancock Whitney, and Trustmark National Bank, positioning itself as a high-touch, relationship-focused alternative to national money-center banks while maintaining a dominant mid-cap presence in high-growth markets like Mississippi, Alabama, and Georgia. Originally founded in 1904 in Tupelo, Mississippi, Renasant is currently led by President and CEO Kevin D. Chapman, who assumed the top executive role in May 2025 after serving as the company’s COO and CFO since joining in 2005. The leadership team includes Senior Executive Vice President and CFO James C. Mabry IV, an industry veteran who joined in 2020, and Executive Vice Chairman C. Mitchell Waycaster, the former CEO who oversees strategic transition and integration. The board is chaired by E. Robinson McGraw, whose long-term stewardship has guided the bank through decades of acquisition-led growth. Notable institutional backing includes major positions from The Vanguard Group and BlackRock, while the board features experienced directors such as John T. Foy, former COO of Furniture Brands International, reflecting a pedigree of disciplined operational oversight and deep regional expertise.