TUPELO, Miss. (AP) — TUPELO, Miss. (AP) — Renasant Corp. (RNST) on Tuesday reported second-quarter profit of $87.1 million.
The bank, based in Tupelo, Mississippi, said it had earnings of 94 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The holding company for Renasant Bank posted revenue of $391.6 million in the period. Its revenue net of interest expense was $273.9 million, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $275.6 million.
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