What is the Return on Assets (ROA) of Renasant this year?
The Return on Assets (ROA) of Renasant is 0.01 undefined this year.
Renasant ROA 2024
Renasant ROA
0.01
Ticker
RNST
ISIN
US75970E1073
WKN
A0EAMH
In 2024, Renasant's return on assets (ROA) was 0.01, a -14.77% increase from the 0.01 ROA in the previous year.
Renasant Aktienanalyse
What does Renasant do?
Renasant Corporation is a bank and financial holding company based in Mississippi that offers a diverse range of financial services. The company was founded in 1904 as the Bank of Lee County and has since experienced impressive growth, making it a community center and a major player in the banking industry. Through the acquisition of several financial institutions and strategic alliances, Renasant expanded its presence and product offerings. Today, the holding company consists of several subsidiaries that specialize in various areas of banking services and other financial services. The largest subsidiary of the company, Renasant Bank, offers a wide range of products and services, including personal checking, savings, loans, and credit card services. The bank operates in 10 southern states in the United States and has over 200 branches in Mississippi, Tennessee, Alabama, Arkansas, Georgia, Florida, North Carolina, South Carolina, Texas, and Indiana. In addition to traditional banking services, the company also offers a comprehensive range of insurance products, including life, annuity, and property insurance, as well as a variety of investment funds and asset management services. Renasant Corporation is also involved in real estate financing, capital market transactions, and private banking. The company also provides treasury management, wealth management, and specialized financial services for businesses, individuals, and institutions. Renasant distinguishes itself with a customer-oriented business philosophy, aiming to provide tailored solutions and the best possible service to its customers. The company also offers a comprehensive online platform that allows customers to access their accounts 24/7 from anywhere. Renasant is actively involved in the community, supporting numerous charitable organizations and local initiatives in the communities where it operates. It also strives to have a positive impact on the community through economic involvement and environmental protection. The company is annually recognized as the "Best Retail Bank" by JD Power, a renowned organization that conducts customer ratings of financial institutions. The company is consistently committed to growth and expanding its services. New partnerships, acquisitions, and strategic financial decisions contribute to continuous progress. The promotion of innovation, adaptation to the latest technologies, and the implementation of modern processes demonstrate the company's goals. Renasant is a reliable and reputable provider of financial services with years of experience and a strong commitment to its customers and the community. Renasant ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Renasant's Return on Assets (ROA)
Renasant's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Renasant's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Renasant's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Renasant’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Renasant stock
What was the ROA of Renasant compared to the previous year?
The ROA of Renasant has increased by -14.77% compared to the previous year.
What consequences do high ROA have for investors of Renasant?
A high ROA is advantageous for investors of Renasant, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Renasant?
A low ROA can be unfavorable for investors of Renasant as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Renasant affect the company?
An increase in ROA of Renasant can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Renasant impact the company?
A reduction in the ROA of Renasant can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Renasant?
Some factors that can influence the ROA of Renasant include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Renasant important for investors?
The ROA of Renasant is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Renasant take to improve ROA?
To improve ROA, Renasant can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Renasant pay?
Over the past 12 months, Renasant paid a dividend of 0.88 USD . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, Renasant is expected to pay a dividend of 0.93 USD.
What is the dividend yield of Renasant?
The current dividend yield of Renasant is 2.34 %.
When does Renasant pay dividends?
Renasant pays a quarterly dividend. This is distributed in the months of April, July, October, January.
How secure is the dividend of Renasant?
Renasant paid dividends every year for the past 23 years.
What is the dividend of Renasant?
For the upcoming 12 months, dividends amounting to 0.93 USD are expected. This corresponds to a dividend yield of 2.46 %.
In which sector is Renasant located?
Renasant is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Renasant kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Renasant from 1/1/2025 amounting to 0.22 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.
When did Renasant pay the last dividend?
The last dividend was paid out on 1/1/2025.
What was the dividend of Renasant in the year 2023?
In the year 2023, Renasant distributed 0.88 USD as dividends.
In which currency does Renasant pay out the dividend?
The dividends of Renasant are distributed in USD.
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Andere Kennzahlen von Renasant
Our stock analysis for Renasant Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Renasant Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
