Slide 1: Second Quarter 2026 Earnings Call
Second Quarter 2026 Earnings Call
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain various statements about Renasant Corporation (“Renasant,” the “Company,” “we,” “our,” or “us”) that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Se
Slide 3: Overview
Overview Snapshot Footprint Assets: $27.0 billion Loans: 19.2 Deposits: 21.7 Equity: 3.9 Loans and Deposits by State(1) Loans Deposits TN TN GA 8% 12% * 25% GA MS 27% 25% MS LA LA 40% 5% FL 3% 11% AL AL FL 22% 14% 8% * Republic Business Credit operates on a nationwide basis. Locations in California,
Slide 4: Second Quarter Highlights
Second Quarter Highlights • Net income was $87.1 million with both diluted EPS and adjusted diluted EPS (non-GAAP)(1) of $0.94 Net Income $87.1 million • Net interest margin was 3.83%, down 4 basis points linked quarter; adjusted net interest margin (non-GAAP)(1) was flat at 3.61% Diluted EPS 0.94 •
Slide 5: Balance Sheet
Balance Sheet Assets ($mm) Loans ($mm) $26,726 $26,751 $27,107 $27,005 $19,196 $26,625 $19,026 $19,047 $18,975 $18,563 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Deposits ($mm) Equity ($mm) $22,099 $3,779 $3,826 $3,885 $3,867 $3,871 $21,583 $21,425 $21,473 $21,70
Slide 6: Deposit Funding
Deposit Funding Composition ($000s) Customer Mix 2Q 2026 $21,701,052 2Q 2026 45% 38% 17% 1Q 2026 $22,099,484 1Q 2026 44% 37% 19% 4Q 2025 $21,473,070 4Q 2025 44% 38% 18% 3Q 2025 $21,424,555 3Q 2025 44% 39% 17% 2Q 2025 $21,582,637 2Q 2025 50% 31% 19% Noninterest-bearing Interest-bearing (1) Savings Ti
Slide 7: Liquidity Position
Liquidity Position Cash and Securities to Total Assets Loans to Deposits 18.5% 18.6% 17.4% 17.4% 17.4% 86% 89% 89% 86% 88% 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Average Interest Earning Asset Mix (2Q 2026) 3% 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Loans Held for Investment 16% 1% Loans Held for S
Slide 8: Capital Position
Capital Position Equity to Assets / Tangible Common Equity Ratio (non-GAAP)(1) Common Equity Tier 1 Ratio / Total Risk-based Capital Ratio 14.19% 14.31% 14.52% 14.27% 14.34% 15.94% 14.97% 14.88% 14.78% 14.77% 11.08% 11.04% 11.24% 11.22% 11.06% 8.77% 8.98% 9.26% 9.08% 9.10% 2Q 2025 3Q 2025 4Q 2025 1Q
Slide 9: Loan Composition
Loan Composition Quarter Highlights QoQ Loans HFI Bridge ($mm) • Loans increased $220.9 million linked quarter. Included in this increase is a $58.3 million loan portfolio that Renasant Bank’s $167 $19,196 subsidiary, Republic Business Credit, acquired during the quarter $(4) • Average loan balance:
Slide 10: Loan Activity
Loan Activity QoQ Loan Bridge ($mm) Production & Advance Trends ($mm) $901 $950 $914 $957 $901 $805 $806 $827 $730 $757 $957 $609 $(895) $19,196 $18,975 $(742) 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Production* Advances Payoff & Paydown Trends ($mm) $876 $895 $813 $706 $742 $695 $657 $657 $567 $587
Slide 11: Asset Quality
Asset Quality Quarter Highlights Accruing Loans 30-89 Days Past Due • Average NPL balance: $305,709 • 99% of accruing criticized loans are current 0.47% 0.36% 0.25% 0.26% • Average criticized loan balance: $474,179 0.16% 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Loans 30-89 Past Due / Total Loans Allo
Slide 12: Asset Quality (cont.)
Asset Quality (cont.) Nonperforming Loans & Nonperforming Assets NPLs by Loan Category ($000s) 1.06% 0.97% 0.90% 0.92% 0.76% Real Estate 1-4 Family $66,429 Mortgage 0.79% 0.75% 0.68% 0.71% 0.58% Construction and Land $5,935 Development 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Commercial Real Estate -
Slide 13: Profitability
Profitability Diluted EPS / Adjusted Diluted EPS (non-GAAP)(1) Net Income / Adjusted Net Income (non-GAAP)(1) $0.94 $0.93 $0.94 $0.94 $86.9 $88.2 $88.1 $87.1 $87.1 $0.91 $78.9 $0.83 $72.9 $0.77 $0.69 $65.9 $0.63 $59.8 $0.01 $1.0 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 2Q 2025 3Q 2025 4Q 2025 1Q 2026
Slide 14: Profitability Ratios
Profitability Ratios ROAA / Adjusted ROAA (non-GAAP)(1) ROAE / Adjusted ROTCE (non-GAAP)(1) 16.18% 16.33% 16.25% 13.50% 14.22% 1.29% 1.33% 1.30% 1.09% 1.01% 1.33% 1.30% 1.17% 0.90% 9.20% 9.07% 8.14% 6.25% 0.02% 0.11% 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 ROA
Slide 15: Net Interest Margin (FTE) and Loan Yield
Net Interest Margin (FTE) and Loan Yield Net Interest Margin (FTE) / Adjusted Net Interest Margin (FTE) (non-GAAP)(1) Loan Yield / Adjusted Loan Yield (non-GAAP)(1) 3.89% 3.87% 3.85% 3.85% 3.83% 6.63% 6.60% 6.45% 6.37% 6.31% 3.62% 3.62% 3.61% 3.61% 3.58% 6.18% 6.23% 6.11% 6.04% 6.03% 2Q 2025 3Q 2025
Slide 16: Noninterest Income
Noninterest Income Composition ($000s) Quarter Highlights • Noninterest income increased $0.9 million linked quarter 2Q 2026 $51,190 • New loan fees associated with Republic Business Credit’s portfolio acquisition during the second quarter provided an increase in fees and commissions 1Q 2026 $50,272
Slide 17: Noninterest Expense
Noninterest Expense Composition ($000s) Quarter Highlights • Noninterest expense increased $6.2 million linked quarter, driven primarily by deferred compensation 2Q 2026 $161,501 accruals tied to market valuations, higher health insurance claims and annual merit increases 1Q 2026 $155,328 Efficiency
Slide 18: Appendix
Appendix e ne és '®
Slide 19: Loan Repricing and Maturity
Loan Repricing and Maturity (Dollars in millions) Repricing Term(1) Rate Structure 3 mos or Over 15 Total Loans less 3-12 mos 1-3 years 3-5 years 5-15 years years Total Variable Fixed Commercial and Industrial $ 2,024 $ 193 $ 286 $ 389 $ 169 $ 2 $ 3,063 $ 2,045 $ 1,018 Commercial Real Estate - Owner
Slide 20: Securities
Securities Composition (Amortized Cost) Quarter Highlights Other 2% • Amortized cost of $3.9 billion; GAAP value of $3.8 billion, which represents 14.2% of total assets • Duration of 3.5 years SBA 9% • 26% of portfolio HTM based on par value Agency ◦ 10.3% of HTM are CRA investments CMO ◦ 26.4% of H
Slide 21: Commercial Real Estate - Non-owner Occupied
Commercial Real Estate - Non-owner Occupied Composition Quarter Highlights 3% Warehouse/ Warehouse/Industrial (Dollars in millions) Retail Multi-Family Industrial 5% 15% Retail Amount $1,370.8 $1,161.1 $952.5 12% Multi-family Avg Loan Size(1) $1.5 $2.3 $2.5 Self Storage 7% $6.1 Medical Office Percen
Slide 22: Construction and Land Development
Construction and Land Development Composition Quarter Highlights 1% 1% 2% Amount ($mm) $2,009.7 1-4 Family Land & Dev. Avg Loan Size ($mm)(1) $1.2 6% 21% Commercial Owner-Occupied 7% Percent of Loans 10.5% Multi-family 7% Office $2.0 Retail Past Due or Nonaccrual 0.41% 4% Billion Self Storage ACL Re
Slide 23: Quarterly ACL Changes
Quarterly ACL Changes $3,923 $(707) $(415) $5,573 $(2,363) $295,862 $296,008 $(5,865) 1Q 2026 Balance Q-Factor Loss Rates Loan Credit Net C/Os (2) Other 2Q 2026 Changes (1) Changes Migration Individually Evaluated Note: Dollars in thousands (1) Includes Day One reserve for loans acquired through Rep
Slide 24: Mortgage Banking
Mortgage Banking Mortgage Banking Income ($000s) Mix (%) 2Q 2025 1Q 2026 2Q 2026 2Q 2025 1Q 2026 2Q 2026 Gain on sales of loans, net $ 5,316 $ 5,305 $ 4,760 Wholesale 33 42 32 Fees, net 3,740 2,842 3,470 Retail 67 58 68 Mortgage servicing income, net 2,207 1,288 948 Purchase 84 67 79 Mortgage bankin
Slide 25: Renasant Corporation
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