Risk Factors Update Summary
- Data breach incidents involving vendors occurred, impacting customer information security.
- Credit quality monitoring procedures may fail to detect issues if important factors are not identified. This change might result in undetected credit risks.
- Interest rates remain elevated after significant increases by the Federal Reserve in 2022 and 2023.
- Commercial real estate loans decreased from $6.4 billion to $4.8 billion, a significant change.
- Transition from LIBOR to SOFR as the primary reference rate could affect business operations.
- Average daily trading volume for Renasant common stock increased from 215,000 to 242,000 shares.
- Acquisitions' success depends on realizing cost savings and integrating assets effectively.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=715072&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.