Mitchell Waycaster - Renasant President

RNST Stock  USD 30.66  0.15  0.49%   

President

Mr. C. Mitchell Waycaster is re designated as President, Chief Executive Officer, Director of the Company and Bank effective on May 1, 2018. Mr. Waycaster was our Chief Operating Officer since January 2016. Prior to being named President, Mr. Waycaster was our Executive Vice President since February 2003 and a Senior Executive Vice President since June 2005. He served as Chief Administrative Officer of the Bank from April 2007 to January 2016. Mr. Waycaster served as President of the Mississippi Division of Renasant Bank from January 2005 to April 2007 previously Mr. Waycaster served as Executive Vice President and Director of Retail Banking of the Bank from 2000 until December 2004 since 2018.
Age 65
Tenure 6 years
Address 209 Troy Street, Tupelo, MS, United States, 38804-4827
Phone662 680 1001
Webhttps://investors.renasant.com
Waycaster was an employee of the Bank for over 40 years. During that time, he has worked in virtually all of the Bank’s areas of operation. This experience gives Mr. Waycaster a detailed understanding of our operations as well as the opportunities and challenges that we face. Aside from Mr. McGraw, it is unlikely that any other Renasant employee has a better understanding of our history, our current operations and our future strategies than Mr. Waycaster. His insights are essential to assisting the board in developing and implementing our strategic plans.

Renasant Management Efficiency

At this time, Renasant's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, Renasant's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 15.5 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 236.7 M in 2024. Renasant's management efficiency ratios could be used to measure how well Renasant manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 729.4 M in liabilities with Debt to Equity (D/E) ratio of 6.65, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Renasant until it has trouble settling it off, either with new capital or with free cash flow. So, Renasant's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Renasant sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Renasant to invest in growth at high rates of return. When we think about Renasant's use of debt, we should always consider it together with cash and equity.

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Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi. Renasant Corp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2409 people. Renasant (RNST) is traded on New York Stock Exchange in USA. It is located in 209 Troy Street, Tupelo, MS, United States, 38804-4827 and employs 2,300 people. Renasant is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Renasant Leadership Team

Elected by the shareholders, the Renasant's board of directors comprises two types of representatives: Renasant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Renasant. The board's role is to monitor Renasant's management team and ensure that shareholders' interests are well served. Renasant's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Renasant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Niles McNeel, Independent Director
William Beasley, Independent Director
John Creekmore, Lead Independent Director
Frank Brooks, Independent Director
Connie Engel, Director
George Booth, Independent Director
Mitchell Waycaster, President, COO and President of Renasant Bank and COO of Renasant Bank
Mark Jeanfreau, Executive Vice President
Richard Hart, Executive Vice President Director
Albert Dale, Independent Director
Stuart Johnson, Executive Vice President Treasurer
Curtis Perry, Executive President
Rick Hart, Executive Vice President Director
Jill Deer, Independent Director
Jeffrey Lacey, Executive Vice President
Richard Heyer, Independent Director
Sean Suggs, Director
Mary Witt, Executive Vice President
John Bearden, President of Community and Business Banking
Hugh Potts, Director
Kelly Hutcheson, Executive Officer
Donald Clark, Director
Jason McNeel, Independent Director
Hollis Cheek, Director
Michael Shmerling, Independent Director
Marshall Dickerson, Independent Director
James Cochran, Executive Vice President
William Williams, Executive Vice President
Neal Holland, Independent Director
Kevin Chapman, CFO, Executive VP, Sr. Executive VP of Renasant Bank and CFO of Renasant Bank
Edward McGraw, Chairman, CEO, Chairman of Renasant Bank and CEO of Renasant Bank
Stephen Corban, Executive Vice President General Counsel
Frederick Sharpe, Director
Michael Ross, Executive VP and President of The Eastern Division - Renasant Bank and Chief Commercial Banking Admin. Officer of Renasant Bank
John Oxford, First Vice President Director of Corporate Communication and IR Contact
John Foy, Independent Director
R Hart, Executive Vice President Director
Scott Cochran, Executive Officer
Leonard Dorminey, Executive Vice President and President - Eastern Region of the Bank
James IV, Executive CFO
James Gray, Executive Vice President

Renasant Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Renasant a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Renasant Investors Sentiment

The influence of Renasant's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Renasant. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Renasant's public news can be used to forecast risks associated with an investment in Renasant. The trend in average sentiment can be used to explain how an investor holding Renasant can time the market purely based on public headlines and social activities around Renasant. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Renasant's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Renasant's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Renasant's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Renasant.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Renasant in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Renasant's short interest history, or implied volatility extrapolated from Renasant options trading.

Currently Active Assets on Macroaxis

When determining whether Renasant is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Renasant Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Renasant Stock. Highlighted below are key reports to facilitate an investment decision about Renasant Stock:
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 tightly coupled 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.
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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.
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Is Renasant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Renasant. If investors know Renasant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Renasant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Dividend Share
0.88
Earnings Share
2.56
Revenue Per Share
10.995
Quarterly Revenue Growth
(0.09)
The market value of Renasant is measured differently than its book value, which is the value of Renasant that is recorded on the company's balance sheet. Investors also form their own opinion of Renasant's value that differs from its market value or its book value, called intrinsic value, which is Renasant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renasant's market value can be influenced by many factors that don't directly affect Renasant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renasant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renasant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renasant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.