Renasant Historical Income Statement

RNST Stock  USD 37.62  0.26  0.69%   
Historical analysis of Renasant income statement accounts such as Gross Profit of 837.2 M, Other Operating Expenses of 663.4 M, Operating Income of 110.5 M or Ebit of 107.7 M can show how well Renasant performed in making a profits. Evaluating Renasant income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Renasant's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Renasant latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Renasant is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.

About Renasant Income Statement Analysis

Renasant Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Renasant shareholders. The income statement also shows Renasant investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Renasant Income Statement Chart

At this time, Renasant's Net Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 200.5 M in 2024, whereas EBITDA is likely to drop slightly above 116.5 M in 2024.

Total Revenue

Total revenue comprises all receipts Renasant generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Renasant minus its cost of goods sold. It is profit before Renasant operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Renasant. It is also known as Renasant overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Renasant income statement and represents the costs associated with goods and services Renasant provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Renasant's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Renasant current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.At this time, Renasant's Net Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 200.5 M in 2024, whereas EBITDA is likely to drop slightly above 116.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense44.7M60.5M278.0M291.9M
Depreciation And Amortization22.4M20.0M20.3M21.3M

Renasant income statement Correlations

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0.440.530.550.720.80.150.130.140.680.430.10.5-0.02-0.570.440.370.370.010.680.750.840.92
0.940.530.990.960.780.680.710.75-0.090.870.450.880.57-0.860.860.790.820.260.890.820.580.36
0.940.550.990.970.750.730.750.78-0.040.90.410.910.61-0.840.880.80.830.320.910.840.550.38
0.890.720.960.970.830.640.660.680.170.860.330.890.5-0.840.840.750.780.270.920.890.680.57
0.690.80.780.750.830.260.310.340.150.560.390.640.07-0.780.590.570.56-0.080.790.810.850.66
0.740.150.680.730.640.260.990.98-0.170.90.180.860.85-0.510.830.760.740.670.710.64-0.070.09
0.760.130.710.750.660.310.991.0-0.240.910.20.880.85-0.530.830.780.760.650.70.62-0.060.06
0.80.140.750.780.680.340.981.0-0.260.920.240.880.85-0.560.840.790.780.640.730.65-0.020.07
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0.880.430.870.90.860.560.90.910.92-0.030.330.990.78-0.710.850.870.80.590.840.760.240.28
0.470.10.450.410.330.390.180.20.24-0.450.330.350.2-0.590.380.640.340.00.40.380.23-0.09
0.870.50.880.910.890.640.860.880.88-0.010.990.350.67-0.790.870.880.780.480.880.810.310.34
0.68-0.020.570.610.50.070.850.850.85-0.20.780.20.67-0.270.610.640.690.850.470.4-0.17-0.06
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0.80.440.860.880.840.590.830.830.84-0.040.850.380.870.61-0.820.790.790.380.920.890.370.4
0.780.370.790.80.750.570.760.780.79-0.180.870.640.880.64-0.760.790.780.350.760.720.240.22
0.80.370.820.830.780.560.740.760.78-0.110.80.340.780.69-0.650.790.780.410.770.730.350.29
0.430.010.260.320.27-0.080.670.650.640.030.590.00.480.85-0.030.380.350.410.310.27-0.280.01
0.870.680.890.910.920.790.710.70.730.10.840.40.880.47-0.880.920.760.770.310.980.60.55
0.80.750.820.840.890.810.640.620.650.210.760.380.810.4-0.830.890.720.730.270.980.660.68
0.460.840.580.550.680.85-0.07-0.06-0.020.420.240.230.31-0.17-0.60.370.240.35-0.280.60.660.76
0.260.920.360.380.570.660.090.060.070.770.28-0.090.34-0.06-0.40.40.220.290.010.550.680.76
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Renasant Account Relationship Matchups

Renasant income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization24.5M25.8M22.4M20.0M20.3M21.3M
Interest Expense98.5M71.3M44.7M60.5M278.0M291.9M
Selling General Administrative270.5M323.1M311.2M261.7M281.8M295.9M
Total Revenue597.3M660.3M651.0M630.6M631.8M663.4M
Gross Profit597.3M660.3M651.0M630.6M797.3M837.2M
Other Operating Expenses381.2M556.8M428.2M29.1M631.8M663.4M
Operating Income216.1M103.5M222.8M271.8M195.9M110.5M
Ebit199.7M112.3M243.6M234.1M177.2M107.7M
Ebitda224.2M138.1M266.0M254.1M197.4M116.5M
Total Operating Expenses(381.2M)(556.8M)(428.2M)29.1M631.8M663.4M
Income Before Tax216.1M103.5M222.8M211.3M177.2M186.0M
Total Other Income Expense Net215.7M103.5M(2.3M)(2.5M)(18.7M)(19.7M)
Net Income167.9M83.7M175.9M166.1M144.7M151.9M
Income Tax Expense48.2M19.8M46.9M45.2M32.5M18.2M
Net Income Applicable To Common Shares167.6M83.7M175.9M166.1M191.0M200.5M
Selling And Marketing Expenses11.6M10.3M12.2M14.3M14.7M7.6M
Net Income From Continuing Ops263.8M123.3M175.9M166.1M162.8M131.3M
Tax Provision48.1M19.8M46.9M45.2M41.6M34.5M
Net Interest Income443.7M426.8M424.0M481.3M531.2M437.9M
Interest Income542.6M498.1M468.7M541.8M752.0M517.2M
Reconciled Depreciation8.2M34.6M6.0M5.1M35.9M37.7M

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Additional Tools for Renasant Stock Analysis

When running Renasant's price analysis, check to measure Renasant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.