When a company such as Renasant splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the RNST split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Renasant shares, starting with a $10,000 purchase of RNST, presented on a split-history-adjusted basis factoring in the complete RNST split history.

About Renasant

Renasant is a bank holding company. Through its subsidiaries, Co. provides financial, wealth management, fiduciary and insurance services. Co.'s segments are: Community Banks, which provides banking and financial services including business and personal loans, interim construction loans, commercial lending, treasury management services, and checking and savings accounts; Insurance, which provides various lines of commercial and personal insurance through primary carriers; and Wealth Management, which consists of Trust division that provides fiduciary and custodial services and Financial Services division that provides fixed and variable annuities, mutual funds and stocks. According to our RNST split history records, Renasant has had 1 split.

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