Renasant Corp. (RNST) Reports Results for the First Quarter of 2011
Renasant Corp. released financial results for the first quarter of 2011, and reported strong year over year growth in net income and other important financial metrics. The bank also updated investors on the progress of the integration of a recent acquisition. Renasant reported net income of $7.5 million, or $0.30 per diluted share, in the quarter ending 3/31/2011. The company reported net income of $4.7 million, or $0.19 per diluted share, in the comparable quarter in 2010. Renasant reported net interest income of $31.1 million in the most recent quarter, up from $24.4 million in the same quarter in 2010.…