Renasant Corporation · NYSE:RNST
Renasant — Debt Investor Presentation (April 2026)
43 slides from Renasant's debt investor presentation, Apr 30, 2026
Slide 1: Fixed Income Investor Presentation
Exhibit 99.1 Fixed Income Investor Presentation
Slide 2: Forward-Looking Statements and Financial Information
Forward-Looking Statements and Financial Information This presentation may contain various statements about Renasant Corporation (“Renasant,” “RNST”, “the Company,” “we,” “our,” or “us”) that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as
Slide 3: Non-GAAP Financial Measures and Disclaimer
Non-GAAP Financial Measures and Disclaimer Non-GAAP Financial Measures This presentation contains financial measures determined by methods other than in accordance with accounting principles generally accepted in the United States (“GAAP”). The Company’s management believes that these non-GAAP finan
Slide 4: Today's Presenters
Today’s Presenters • President since May 2023 and Chief Executive Officer since May 2025 Kevin D. Chapman President & Chief Executive Officer • Chief Operating Officer (2018 – 2025) Years of Experience: 28 Years at Renasant: 21 • Senior EVP of the Bank (2011 – 2023) and Chief Financial Officer of th
Slide 5: Franchise Overview
Franchise Overview @ nm Ge o>
Slide 6: Renasant Overview
Renasant Overview (1) Franchise Overview Footprint $27.1bn $2.3bn $3.7bn (2) (3) Assets TCE Market Capitalization 85.9% $19.0bn $22.1bn Loans / Loans HFI Deposits Deposits 55.7% 1.33% 16.4% Efficiency Ratio (2) ROAA ROATCE (FTE) (5) 14.9% 11.2% 14.8% Cash + AFS Securities / CET1 Ratio TRBC Ratio (4)
Slide 7: Markets of Operation
Markets of Operation Loans By State Deposits By State Georgia Alabama Alabama Georgia 28% 22% 14% 26% Louisiana 3% Louisiana 4% $19.0bn $22.1bn 7% 8% Florida Tennessee Loans HFI Deposits 11% 12% Tennessee Florida 25% 40% Mississippi Mississippi Note: State determined by the office or branch of origi
Slide 8: Recent Corporate History
Recent Corporate History Successful History of Acquisitions and De Novo Expansion 2025: Completed transformative acquisition of Over the past 16 years, Renasant has opened successful de novo branches in attractive Southeast markets The First Bancshares, Inc. of Hattiesburg, Mississippi, and complete
Slide 9: Strong Credit Culture
Strong Credit Culture NCOs/ Avg. Assets Median Since '15 2.55% 2.52% Renasant Corporation 0.07% National Average 0.50% 1.55% 1.28% 1.10% 1.00% 0.91% 0.91% 0.59% 0.69% 0.68% 0.62% 0.55% 0.52% 0.52% 0.50% 0.50% 0.49% 0.48% 0.47% 0.44% 0.67% 0.27% 0.25% 0.14% 0.15% 0.12% 0.10% 0.06% 0.05% 0.05% 0.06% 0
Slide 10: Investment Highlights
Investment Highlights Premier Southeastern Banking Franchise With 122 Years of Operating History Experienced Management Team Granular Loan Portfolio With A History of Prudent Credit Underwriting Ø 30+ Years of Average Banking Experience Ø NCOs / Avg. Assets Consistently Lower Than The Industry Avera
Slide 11: Financial Detail
Financial Detail Data as of March 31, 2026, unless otherwise stated
Slide 12: First Quarter Highlights
First Quarter Highlights • Net income was $88.2 million with diluted EPS of $0.94 and adjusted diluted EPS (non- (1) GAAP) of $0.93 Net Income $88.2 million • Net interest margin was 3.87%, down 2 basis points linked quarter; adjusted net (1) interest margin (non-GAAP) decreased 1 basis point linked
Slide 13: Balance Sheet
Balance Sheet Assets ($mm) Loans ($mm) Deposits ($mm) Equity ($mm) 13
Slide 14: Profitability Ratios
Profitability Ratios (1) (1) ROAA / Adjusted ROAA (non-GAAP) ROAE / Adjusted ROATCE (non-GAAP) 16.33% 16.18% 14.22% 1.33% 1.29% 13.50% 1.09% 1.01% 10.30% 0.95% 1.33% 1.17% 0.94% 0.90% 9.20% 8.14% 6.25% 6.25% 0.02% 0.11% 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026
Slide 15: Efficiency Improvements
Efficiency Improvements Revenue Growth Expense Management (1) (1) Adjusted Net Revenue (non-GAAP) Adjusted Noninterest Expense (non-GAAP) 3.3% increase in adjusted net revenue 4.4% reduction in adjusted noninterest since Q2 2025 expense since Q2 2025 Continued focus on efficiency gains through both
Slide 16: Net Interest Margin (FTE) and Loan Yield
Net Interest Margin (FTE) and Loan Yield (1) (1) Net Interest Margin (FTE) / Adjusted Net Interest Margin (FTE) (non-GAAP) Loan Yield / Adjusted Loan Yield (non-GAAP) (1) (1) (1) Adjusted Net Interest Margin (FTE) (non-GAAP) Bridge % % (1) Adjusted Net Interest Margin (FTE) and Adjusted Loan Yield a
Slide 17: Noninterest Income Composition
Noninterest Income Composition ($000s) Quarter Highlights • Noninterest income decreased $0.8 million linked quarter • The decline in noninterest income is primarily related to Q4 2025 results being impacted by a one-time gain of $2.0 million resulting from the exit of low-income housing tax credit
Slide 18: Noninterest Expense Composition
Noninterest Expense Composition ($000s) Quarter Highlights • Noninterest expense decreased $15.4 million linked quarter, which includes a decrease of $10.6 million in merger and conversion expenses linked quarter • The Company continued to realize cost savings from the integration with The First Eff
Slide 19: Deposit Funding Composition
Deposit Funding Composition ($000s) Customer Mix (1) Cost of Deposits Quarter Highlights • Deposit growth of $626.4 million in 1Q 2026 represents 11.5% annualized growth • Noninterest-bearing deposits: 23.5% of total deposits • Average deposit account balance: ~$38,000 (2) • Commercial average accou
Slide 20: Loan Composition
Loan Composition Quarter Highlights QoQ Loans HFI Bridge ($mm) • Loans decreased $71.8 million in the quarter • Average loan balance: ~$317,000 Real Estate – 1-4 Family Mortgage 1% 15% 24% Construction & Land Development Commercial Real Estate – Non-Owner Occupied 18% Commercial Real Estate – Owner
Slide 21: Commercial Real Estate - Non-owner Occupied Composition
Commercial Real Estate - Non-owner Occupied Composition Quarter Highlights Warehouse/ Retail Multi-Family Warehouse / Industrial Industrial 3% (Dollars in millions) 5% 15% Retail Amount $1,309.8 $1,278.6 $932.5 12% Multi-Family (1) Avg Loan Size 1.5 2.5 2.5 Self Storage $6.1 7% % of Loans 6.9 6.7 4.
Slide 22: Construction and Land Development Composition
Construction and Land Development Composition Quarter Highlights 1-4 Family 1% 2% Amount ($mm) $1,898.6 1% Land & Development (1) Avg Loan Size ($mm) 1.2 7% Commercial Owner-Occupied 22% % of Loans 10.0 7% Multi-Family % Past Due or Nonaccrual 0.65 Office 6% $1.9 (2) ACL Reserve% 1.95 Retail 5% Bill
Slide 23: Asset Quality
Asset Quality Quarter Highlights Loans 30-89 Days Past Due • Over the last four quarters, the Company resolved $135 million in non-performing loans with aggregate net charge-offs of $27.8 million • Average NPL balance: $348,337 • 96% of accruing criticized loans are current • Average criticized loan
Slide 24: Asset Quality (cont.)
Asset Quality (cont.) Nonperforming Loans & Nonperforming Assets NPLs by Loan Category ($000s) RE 1-4 Family $61,311 C&LD $12,323 NOO CRE $49,930 OO CRE $29,433 C&I $47,093 Consumer $204 Nonperforming Loans ($000s) Quarterly ACL Change ($000s) $400,000 250% 207% $2,593 205% $295,862 $350,000 173% 16
Slide 25: Securities Composition (Amortized Cost)
Securities Composition (Amortized Cost) Quarter Highlights • Amortized cost of $4.0 billion; GAAP value of $3.8 Other SBA billion, which represents 14.1% of total assets Agency • Duration of 3.6 years 2% CMO 8% • 27% of portfolio HTM based on par value Agency CMBS 27% ◦ 10.3% of HTM are CRA investme
Slide 26: Liquidity Position
Liquidity Position Cash and Securities to Total Assets Loans to Deposits 18.6% 89% 89% 88% 18.5% 86% 86% 17.5% 17.4% 17.4% 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Average Interest Earning Asset Mix (1Q 2026) Liquidity Sources Internal Sources: ($ in millions)
Slide 27: Capital Position
Capital Position Regulatory Capital ($mm) Capital Highlights • Repurchased $75.0 million of common stock during Q1 2026 with a WA price of $39.53 • Consistent dividend history including a recent $0.01 increase from the previous quarter • Certain of our fixed-to-floating rate subordinated notes becom
Slide 28: Capital Position (Cont.)
Capital Position (Cont.) (1) Equity to Assets / Tangible Common Equity Ratio (non-GAAP) Common Equity Tier 1 Capital Ratio / Total Risk-based Capital Ratio (1) (1) Book Value / Tangible Book Value (non-GAAP) (1) (1) Tangible Common Equity Ratio and Tangible Book Value are non-GAAP financial measures
Slide 29: Appendix
Appendix @ nm Ge o>
Slide 30: Rating Agency & Debt Maturity Summary
Rating Agency & Debt Maturity Summary KBRA Ratings Summary Type Rating Outlook Renasant Corporation Senior Unsecured Debt BBB+ Stable Subordinated Debt BBB Stable Short-Term Debt K2 Renasant Bank Deposit A- Stable Senior Unsecured Debt A- Stable Subordinated Debt BBB+ Stable Short-Term Deposit K2 Sh
Slide 31: Profitability
Profitability (1) (1) Diluted EPS / Adjusted Diluted EPS (non-GAAP) Net Income / Adjusted Net Income (non-GAAP) (1) (1) (1) (1) (1) Net Interest Income (FTE) / Adjusted Net Interest Income (FTE) (non-GAAP) PPNR (non-GAAP) / Adjusted PPNR (non-GAAP) $232.4 $222.7 $228.1 $228.4 $214.4 $216.3 $213.3 $2
Slide 32: Loan Activity
Loan Activity QoQ Loan Bridge ($mm) Production & Advance Trends ($mm) Payoff & Paydown Trends ($mm) 32
Slide 33: Loan Repricing and Maturity
Loan Repricing and Maturity (1) Repricing Term Rate Structure (Dollars in millions) 3 mos or Over 15 Total Loans less 3-12 mos 1-3 years 3-5 years 5-15 years years Total Variable Fixed $ 1,814 $ 213 $ 300 $ 367 $ 200 $ 2 $ 2,896 $ 1,860 $ 1,036 Commercial and Industrial Commercial Real Estate - Owne
Slide 34: Reconciliation of Non-GAAP Disclosures
Reconciliation of Non-GAAP Disclosures
Slide 35: Pre-Provision Net Revenue and Adjusted Pre-Provision Net Revenue
Reconciliation of Non-GAAP disclosures Pre-Provision Net Revenue and Adjusted Pre-Provision Net Revenue ($ in 000s) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Net income (GAAP) $ 41,518 $ 1,018 $ 59,788 $ 78,948 $ 88,228 Income taxes 10,448 1,649 15,478 17,885 22,195 Provision for credit losses (includ
Slide 36: Pre-Provision Net Revenue/Average Assets and Adjusted
Reconciliation of Non-GAAP disclosures Pre-Provision Net Revenue/Average Assets and Adjusted Pre-Provision Net Revenue/Average Assets ($ in 000s) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Net income (GAAP) $ 41,518 $ 1,018 $ 59,788 $ 78,948 $ 88,228 Merger and conversion expense 791 20,479 17,494 10,5
Slide 37: Adjusted Diluted Earnings Per Share
Reconciliation of Non-GAAP disclosures Adjusted Diluted Earnings Per Share ($ in 000s), except per share data 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Net income (GAAP) $ 41,518 $ 1,018 $ 59,788 $ 78,948 $ 88,228 Merger and conversion expense 791 20,479 17,494 10,567 — Day 1 acquisition provision for
Slide 38: Return on Average Tangible Common Equity (Adjusted)
Reconciliation of Non-GAAP disclosures Return on Average Tangible Common Equity (Adjusted) ($ in 000s) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Net income (GAAP) $ 41,518 $ 1,018 $ 59,788 $ 78,948 $ 88,228 Merger and conversion expense 791 20,479 17,494 10,567 — Day 1 acquisition provision for loan l
Slide 39: Adjusted Net Interest Income (FTE) and Adjusted Net Interest Margin
Reconciliation of Non-GAAP disclosures Adjusted Net Interest Income (FTE) and Adjusted Net Interest Margin ($ in 000s) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Net interest income (FTE) (GAAP) $ 137,432 $ 222,717 $ 228,131 $ 232,361 $ 228,424 Less: Net interest income collected on problem loans 1,026
Slide 40: Adjusted Loan Yield
Reconciliation of Non-GAAP disclosures Adjusted Loan Yield ($ in 000s) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Loan interest income (FTE) (GAAP) $ 199,504 $ 304,834 $ 311,903 $ 309,667 $ 299,125 Less: Net interest income collected on problem loans 1,026 2,779 664 2,767 210 Accretable yield recognize
Slide 41: Adjusted Efficiency Ratio
Reconciliation of Non-GAAP disclosures Adjusted Efficiency Ratio ($ in 000s) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Net interest income (FTE) (GAAP) $ 137,432 $ 222,717 $ 228,131 $ 232,361 $ 228,424 Total noninterest income (GAAP) 36,395 48,334 46,026 51,125 50,272 Gain on sale of MSR — 1,467 — — 2
Slide 42: Tangible Common Equity and Tangible Book Value
Reconciliation of Non-GAAP disclosures Tangible Common Equity and Tangible Book Value ($ in 000s) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Shareholders' equity (GAAP) $2,727,105 $3,778,854 $3,825,778 $3,884,905 $3,866,918 Intangibles (1,001,923) (1,583,533) (1,566,788) (1,552,452) (1,545,059) Tangibl
Slide 43: Renasant Corporation
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