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Stock impact report

3 Bank Stocks We Think Twice About [Yahoo! Finance]

Renasant Corporation (RNST) 
Last renasant corporation earnings: 4/28 05:30 pm Check Earnings Report
US:NASDAQ Investor Relations: renasant.com
Company Research Source: Yahoo! Finance
These institutions have benefited from improved net interest margins and robust credit growth, so it's no surprise the banking industry has posted a 17.3% gain over the past six months, beating the S&P 500 by 4.2 percentage points. Although banks have produced good results, only a handful will thrive over the long term as fintech disruptors are rapidly taking market share from traditional institutions. On that note, here are three bank stocks we're swiping left on. Market Cap: $3.54 billion Founded in 1904 during a time when the South was rebuilding its economy, Renasant (NYSE:RNST) is a regional bank holding company that offers banking, wealth management, insurance, and specialized lending services throughout the Southeast. Why Is RNST Not Exciting? Sales trends were unexciting over the last five years as its 6.3% annual growth was below the typical banking company Performance over the past two years shows its incremental sales were much less profitable, as its earnings p Show less Read more
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