News & Events zu Renasant Corp (RNST)RNSTRenasant Corp

Renasant and Commercial Holding Enter Merger Agreement

Renasant and Commercial Holding announced that they have entered into a definitive agreement and plan of merger, pursuant to which Commercial will merge with and into Renasant. Under the terms of the merger agreement, Commercial shareholders will receive 0.8798 shares of Renasant common stock for each share of Commercial common stock, or approximately 2.64M shares of Renasant common stock in the aggregate. Coupled with a special cash dividend of approximately $35.7M to be paid by Commercial to its shareholders prior to closing, the aggregate transaction value is approximately $142M, based on the RNST 10-day average closing price of $40.29 as of October 26. Immediately following the merger, Commercial Bank will merge with and into Renasant Bank. The merger has been unanimously approved by each company's board of directors and is expected to close in the first quarter of 2027. Completion of the transaction is subject to customary closing conditions, including the receipt of required regulatory approvals and the approval of Commercial shareholders. Headquartered in Paris, Tennessee, and chartered in 1877, Commercial Bank operates nine full-service branches in Paris, Union City, Jackson and Memphis, Tennessee. As of September 30, 2026, Commercial Bank had approximately $1.1B in total assets, $648M in total loans and $983M in total deposits.

Company Reports Q3 Tangible Book Value per Share of $25.29

Reports Q3 tangible book value per share $25.29. Reports Q3 CET1 capital ratio 10.92%. "Third quarter results reflect strong loan growth with a record level of loan production, continued momentum in core deposit growth and a stable core net interest margin. We maintained expense discipline alongside increased hiring efforts, were active in buybacks, and reduced our levels of criticized and nonperforming loans. We believe our team is well-positioned to build upon our year-to-date success as we grow customer relationships and hire talent throughout our footprint," remarked Kevin D. Chapman, President and Chief Executive Officer of the Company.

Renasant Appoints Catherine Mealor as CFO

Renasant "announced that Catherine Mealor will join the Company as Executive Vice President and Chief Financial Officer. Jim Mabry, who has served as the Company's Chief Financial Officer since August 2020, will step down from the Chief Financial Officer role at the end of 2026, and transition into retirement in early 2027. Mealor will officially join the Company on October 5, 2026, and assume the role of Chief Financial Officer on January 1, 2027. The Company also announced today that the Board of Directors expressed its intention to nominate Mabry for election as a director at the Company's 2027 Annual Meeting of Shareholders, subject to its standard nominating procedures."