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Renasant Corp  (RNST)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Renasant's Leverage Ratio

RNST's quarterly Leverage Ratio and Total Liabilities, Equity growth


Despite a net increase in borrowings by 0.8%, Renasant managed to enhance Leverage Ratio in the forth quarter 2023 to 12.82, surpassing the average for Renasant's Leverage Ratio.

Within Regional Banks industry in the forth quarter 2023, 11 other companies have achieved lower Leverage Ratio than Renasant in the IV Quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 1316 to 1910 .

Explain Leverage Ratio?
Who are RNST Customers?
What are RNST´s Total Liabilities?


RNST Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 7.55 % 6.74 % 4.33 % 2.32 % -3.34 %
Y / Y Total Liabilities Change 1.36 % 3.87 % 102.52 % 103.25 % 98.98 %
Leverage Ratio MRQ 12.82 13.08 13.3 13.68 13.6
RNST's Total Ranking # 1910 # 1316 # 1996 # 3633 # 2817
Seq. Equity Change 2.87 % 1.12 % 0.98 % 2.4 % 2.09 %
Seq. Total Liabilities Change 0.8 % -0.53 % -1.88 % 3.03 % 3.3 %



Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Regional Banks Industry # 12
Financial Sector # 265
Overall Market # 1910


Leverage Ratio Statistics
High Average Low
13.68 7.34 5.08
(Mar 31 2023)   (Jun 30 2019)




Financial Statements
Renasant's Equity $ 2,297 Millions Visit RNST's Balance sheet
Renasant's Total Liabilities $ 29,448 Millions Visit RNST's Balance sheet
Source of RNST's Sales Visit RNST's Sales by Geography


Cumulative Renasant's Leverage Ratio

RNST's Leverage Ratio for the trailling 12 Months

RNST Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth 7.55 % 6.74 % 4.33 % 2.32 % -3.34 %
Y / Y Total Liabilities TTM Growth 1.36 % 3.87 % 102.52 % 103.25 % 98.98 %
Leverage Ratio TTM 13.21 13.41 13.51 11.91 10.19
Total Ranking TTM # 28 # 3776 # 104 # 68 # 931
Seq. Equity TTM Growth 2.87 % 1.12 % 0.98 % 2.4 % 2.09 %
Seq. Total Liabilities TTM Growth 0.8 % -0.53 % -1.88 % 3.03 % 3.3 %


On the trailing twelve months basis Despite of the net new borrowings of 0.8% during the twelve months period ending in IV Quarter 2023 Renasant has managed to decrease Leverage Ratio in the IV Quarter 2023 to 13.21, above the RNST's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Regional Banks industry RNST recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 28, from total ranking in previous 12 month period at 3776.

Explain Leverage Ratio?
Who are RNST Customers?
What are RNST´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Regional Banks Industry # 0
Financial Sector # 3
Within the Market # 28


trailing twelve months Leverage Ratio Statistics
High Average Low
7.65 6.38 5.17
(March 31, 2014)   (Dec 31 2019)




Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Regional Banks Industry Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Equity
Homestreet Inc   32.47 $ 17,483.360  Millions$ 538.387  Millions
West Bancorporation Inc   30.03 $ 6,759.063  Millions$ 225.043  Millions
Farmers and Merchants Bancshares Inc   28.17 $ 1,469.969  Millions$ 52.178  Millions
Central Pacific Financial Corp   27.80 $ 14,005.521  Millions$ 503.815  Millions
Greene County Bancorp Inc   25.75 $ 5,028.822  Millions$ 195.296  Millions
Washington Trust Bancorp Inc  25.55 $ 12,078.321  Millions$ 472.686  Millions
Chemung Financial Corp  25.55 $ 4,988.310  Millions$ 195.241  Millions
Popular Inc   25.30 $ 130,235.456  Millions$ 5,146.953  Millions
Franklin Financial Services Corporation  25.22 $ 3,331.881  Millions$ 132.136  Millions
First Foundation inc   25.09 $ 23,221.357  Millions$ 925.343  Millions
Ally Financial Inc   24.94 $ 343,315.000  Millions$ 13,766.000  Millions
Enterprise Bancorp inc   24.67 $ 8,119.116  Millions$ 329.117  Millions
Amalgamated Financial Corp   24.60 $ 14,399.081  Millions$ 585.364  Millions
First Internet Bancorp  24.49 $ 8,885.934  Millions$ 362.795  Millions
Auburn National Bancorporation Inc   23.48 $ 1,796.477  Millions$ 76.507  Millions
Independent Bank Corporation  23.44 $ 9,482.156  Millions$ 404.449  Millions
Coastal Financial Corporation  23.23 $ 6,853.294  Millions$ 294.978  Millions
First Northwest Bancorp  22.97 $ 3,751.322  Millions$ 163.340  Millions
Live Oak Bancshares Inc   22.87 $ 20,643.776  Millions$ 902.666  Millions
First Ban corp   22.81 $ 34,162.180  Millions$ 1,497.609  Millions
Investar Holding Corporation  22.49 $ 5,100.324  Millions$ 226.768  Millions
New York Community Bancorp Inc   22.38 $ 187,216.000  Millions$ 8,367.000  Millions
Five Star Bancorp  22.27 $ 6,365.350  Millions$ 285.774  Millions
First Western Financial Inc   22.19 $ 5,387.474  Millions$ 242.738  Millions
Midwestone Financial Group Inc   22.12 $ 11,599.099  Millions$ 524.378  Millions
Berkshire Hills Bancorp inc   22.04 $ 22,311.984  Millions$ 1,012.221  Millions
Northern Trust Corporation  21.76 $ 258,879.300  Millions$ 11,897.900  Millions
Bankwell Financial Group Inc   21.60 $ 5,740.255  Millions$ 265.752  Millions
Norwood Financial Corp  21.54 $ 3,899.754  Millions$ 181.070  Millions
Eagle Bancorp Montana Inc   21.14 $ 3,578.050  Millions$ 169.273  Millions

Date modified: 2024-02-24T17:09:35+00:00



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