TUPELO, Miss. (AP) _ Renasant Corp. (RNST) on Tuesday reported fourth-quarter earnings of $46.3 million.
The bank, based in Tupelo, Mississippi, said it had earnings of 82 cents per share. Earnings, adjusted for non-recurring costs, came to 89 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.
The holding company for Renasant Bank posted revenue of $198.5 million in the period. Its revenue net of interest expense was $171.2 million, which missed Street forecasts. Four analysts surveyed by Zacks expected $172.7 million.
For the year, the company reported profit of $166.1 million, or $2.95 per share. Revenue was reported as $630.6 million.
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