Renasant (RNST) Provision for Losses (2011 - 2024)
Renasant (RNST) recorded Provision for Losses of $935,000 in Q3 2024, down 79.7% from $4.62 million a year earlier and down 71.7% from the prior quarter.
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Analysis
Renasant (RNST) Provision for Losses (2011 - 2024) Analysis & Trends
On a TTM basis, Renasant's Provision for Losses came in at $11.29 million as of Sep 30, 2024, down 50.7% year-over-year; for FY2021, it was -$1.67 million.
- Across earlier years, Provision for Losses came in at $86.85 million in FY2020, $7.05 million in FY2019 (+3.5%), $6.81 million in FY2018 (-9.8%) and $7.55 million in FY2017 (+0.3%).
- The Q3 2024 figure is the lowest quarterly Provision for Losses since Q4 2021.
- On a year-over-year basis, Provision for Losses rose in two of the last six quarters, with growth averaging 33.5%.
- Peak year-over-year performance for Provision for Losses in the last five years was growth of 330.7% in Q1 2023, against a decline of 79.7% in Q3 2024 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provision for Losses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 2.74 Bn |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 1.30 Bn |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 368.00 Mn |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 1.03 Bn |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | Renasant | 3.63 Bn | -269.13 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 935,000.00 |
| Jun 30, 2024 | 3.30 Mn |
| Mar 31, 2024 | 2.44 Mn |
| Sep 30, 2023 | 4.62 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | 6.46 Mn |
| Sep 30, 2022 | 9.80 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | -468,000.00 |
| Sep 30, 2021 | -1.20 Mn |
| Dec 31, 2020 | 10.50 Mn |
| Sep 30, 2020 | 23.10 Mn |
| Jun 30, 2020 | 26.90 Mn |
| Dec 31, 2019 | 2.95 Mn |
| Sep 30, 2019 | 1.70 Mn |
| Jun 30, 2019 | 900,000.00 |
| Mar 31, 2019 | 1.50 Mn |
| Dec 31, 2018 | 1.00 Mn |
| Sep 30, 2018 | 2.25 Mn |
API Access
Renasant Provision for Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-losses&ticker=RNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-losses", "ticker": "RNST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-losses&ticker=RNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();