Renasant Corporation · NYSE:RNST
Renasant — Q3 2026 Earnings Presentation
25 slides from Renasant's earnings presentation, Oct 27, 2026
Slide 1: Third Quarter 2026 Earnings Call
Third 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: Snapshot and Footprint: Loans and Deposits by State
Loans TN 12% MS 25% AL 23% FL 10% LA 5% GA 25% Deposits TN 8% MS 39% AL 14% FL 8% LA 3% GA 28% * Overview * Republic Business Credit operates on a nationwide basis. Locations in California, Illinois and Texas are not shown. Snapshot Footprint Loans and Deposits by State(1) Note: As of September 30,
Slide 4: Third Quarter Highlights
Third Quarter Highlights • Net income was $78.9 million, with both diluted EPS and adjusted diluted EPS (non-GAAP)(1) of $0.86 • Net interest margin was 3.77%, down 6 basis points linked quarter; adjusted net interest margin (non-GAAP)(1) was 3.58%, down 3 basis points linked quarter • Loans increas
Slide 5: Balance Sheet
$26,726 $26,751 $27,107 $27,005 $27,518 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $19,026 $19,047 $18,975 $19,196 $19,752 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $21,425 $21,473 $22,099 $21,701 $21,628 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $3,826 $3,885 $3,867 $3,871 $3,832 3Q 2025 4Q 2025 1Q 2026 2
Slide 6: Deposit Funding
(1) Includes money market deposits (2) Excludes time deposits and public fund deposits Composition ($000s) Quarter Highlights $21,627,858 $21,701,052 $22,099,484 $21,473,070 $21,424,555 Noninterest-bearing Interest-bearing Savings Time 3Q 2026 2Q 2026 1Q 2026 4Q 2025 3Q 2025 Deposit Funding • Deposi
Slide 7: Liquidity Position
Cash and Securities to Total Assets Loans to Deposits Average Interest Earning Asset Mix (3Q 2026) 17.4% 17.4% 18.6% 17.4% 16.5% 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 89% 89% 86% 88% 91% 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 81% 1% 16% 2% Loans Held for Investment Loans Held for Sale Securities
Slide 8: Capital and Share Repurchase Program
14.31% 14.52% 14.27% 14.34% 13.93% 8.98% 9.26% 9.08% 9.10% 8.80% Shareholders' equity to assets Tangible common equity ratio (non-GAAP) 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 11.04% 11.24% 11.22% 11.06% 10.92% 14.88% 14.78% 14.77% 15.94% 15.52% Common equity tier 1 capital ratio Total risk-based ca
Slide 9: Loan Growth: QoQ Loans HFI Bridge and Composition
QoQ Loans HFI Bridge ($mm) $19,196 $65 $102 $250 $56 $88 $(5) $19,752 Q 2 2026 RE-1-4 Fam ily C&LD NO O CRE O O CRE C&I Consum er Q 3 2026 Quarter Highlights • Loans increased $555.9 million linked quarter. The increase was driven by strong production during the quarter and lower payoff activity on
Slide 10: Loan Activity
$950 $914 $609 $957 $1,205 $757 $806 $827 $901 $835 Production Advances 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $587 $876 $813 $895 $790 $657 $706 $695 $742 $694 Payoffs Paydowns 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $19,196 $1,205 $835 $(790) $(694) $19,752 2Q 2026 Production Advances Payoffs Pay
Slide 11: Asset Quality
$297,591 $293,955 $295,862 $296,008 $296,094 1.56% 1.54% 1.56% 1.54% 1.50% 0.09% 0.19% 0.05% 0.06% 0.20% ACL ACL / Loans Net Charge-offs / Average Loans 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $612,513 $560,663 $525,413 $510,217 $493,509 3.22% 2.94% 2.77% 2.66% 2.50% Criticized Loans Criticized Loan
Slide 12: Asset Quality (cont.)
0.68% 0.71% 0.79% 0.75% 0.69% 0.90% 0.92% 1.06% 0.97% 0.89% NPAs / Total Assets NPLs / Total Loans 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $61,784 $8,795 $45,907 $20,384 $38,455 $133 Real Estate 1-4 Family Mortgage Construction and Land Development Commercial Real Estate - Non-Owner Occupied Commerc
Slide 13: Profitability
$0.63 $0.83 $0.94 $0.94 $0.86 $0.77 $0.91 $0.93 $0.94 $0.86 Diluted EPS (GAAP) Adjusted Diluted EPS (non-GAAP) 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 $228.1 $232.4 $228.4 $227.7 $228.6$214.4 $216.3 $213.3 $214.5 $217.6 Net interest income (FTE) Adjusted net interest income (FTE) (non-GAAP) 3Q 2025
Slide 14: Profitability Ratios
(1) Adjusted ROAA, Adjusted ROTCE, PPNR/Average Assets and Adjusted PPNR/Average Assets are non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures is included in the earnings release furnished to the SEC on the same Form 8-K as this presentation under the heading “Non-G
Slide 15: Net Interest Margin and Loan Yield
3.85% 3.89% 3.87% 3.83% 3.77% 3.62% 3.62% 3.61% 3.61% 3.58% Net Interest Margin Adjusted Net Interest Margin (FTE) (non-GAAP) 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 (1) Adjusted Net Interest Margin (FTE) and Adjusted Loan Yield are non-GAAP financial measures. A reconciliation of GAAP to non-GAAP f
Slide 16: Noninterest Income
• Noninterest income decreased $1.9 million linked quarter, primarily reflecting lower mortgage banking income due to higher mortgage interest rates, lower production and market value adjustments on loans held for sales in process $49,275 $51,190 $50,272 $51,125 $46,026 Service charges Fees and comm
Slide 17: Noninterest Expense and Efficiency Ratio
• Noninterest expense decreased $1.2 million linked quarter, driven primarily by a decline in deferred compensation expense tied to market valuations and an increase in deferred loan costs driven by loan growth, offset by higher health insurance claims Quarter Highlights 57.51% 53.52% 52.82% 54.92%
Slide 18: Appendix
Appendix
Slide 19: Loan Repricing and Rate Structure
(Dollars in millions) Repricing Term(1) Rate Structure Total Loans 3 mos or less 3-12 mos 1-3 years 3-5 years 5-15 years Over 15 years Total Variable Fixed Commercial and Industrial $ 2,122 $ 153 $ 318 $ 393 $ 163 $ 2 $ 3,151 $ 2,099 $ 1,052 Commercial Real Estate - Owner-Occupied 1,353 223 542 832
Slide 20: Securities Composition
Note: As of September 30, 2026 Agency CMO 28% Agency MBS 35% Municipal 14% Agency CMBS 14% SBA 8% Other 1% • Amortized cost of $4.0 billion; GAAP value of $3.8 billion, which represents 13.8% of total assets • Duration of 4.0 years • 24% of portfolio HTM based on par value ◦ 10.9% of HTM are CRA inv
Slide 21: Commercial Real Estate - Non-owner Occupied
16% 22% 20% 9% 7% 7% 12% 4% 3% Warehouse/Industrial Retail Multi-family Self Storage Medical Office Office (non-medical) Hotel Senior Housing Other Quarter Highlights Note: As of September 30, 2026; LTV is calculated using the most recent appraisal available. (1) Based on commitment amount (2) Inclu
Slide 22: Construction and Land Development
Note: As of September 30, 2026; LTV is calculated using the most recent appraisal available. (1) Based on commitment amount (2) Includes reserves for both loans evaluated collectively and those individually evaluated 19% 24% 8% 16% 4% 10% 5% 9% 3% 1%1% 1-4 Family Land & Dev. Commercial Owner-Occupie
Slide 23: Quarterly ACL Changes
Quarterly ACL Changes $296,008 $6,830 $(1,669) $(1,434) $(165) $(3,476) $296,094 2Q 2026 Balance Changes Q-Factor Changes Loss Rates Loan Credit Migration Other Individually Evaluated 3Q 2026 Note: Dollars in thousands (1) Net Charge-offs are included in Other Individually Evaluated 23 (1)
Slide 24: Mortgage Banking
3Q 2025 2Q 2026 3Q 2026 Gain on sales of loans, net $ 5,270 $ 4,760 $ 2,390 Fees, net 3,050 3,470 2,945 Mortgage servicing income, net 697 948 1,988 Mortgage banking income, net $ 9,017 $ 9,178 $ 7,323 3Q 2025 2Q 2026 3Q 2026 Wholesale 39 32 32 Retail 61 68 68 Purchase 77 79 77 Refinance 23 21 23 $5
Slide 25: | JRENASANT
| JRENASANT CORPORATION a> eo ee