RNST vs. CADE

Last updated Jun 3, 2026

RNST (Renasant Corporation) and CADE (Cadence Bancorporation) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. A 0.79 correlation means they provide meaningful diversification when combined.

Performance

RNST vs. CADE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Renasant Corporation (RNST) and Cadence Bancorporation (CADE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RNST

• 1D: 1.86%
• 1M: 1.51%
• YTD: 15.51%
• 6M: 15.11%
• 1Y: 19.33%
• 3Y*: 14.94%
• 5Y*: 0.95%
• 10Y*: 4.20%

CADE

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RNST vs. CADE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RNST Renasant Corporation	15.51%	0.98%	9.12%	-7.70%	1.70%	15.28%	-1.62%	20.24%	-24.72%	4.51%
CADE Cadence Bancorporation	-0.91%	28.38%	20.36%	24.98%	-14.34%	16.67%	-9.67%	23.07%	-15.28%	10.05%

Correlation

The correlation between RNST and CADE is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Apr 17, 2017	0.79

Over the past year, the correlation between RNST and CADE has dropped to 0.50 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Fundamentals

Market Cap RNST : $3.81B CADE : $7.98B
EPS RNST : $2.40 CADE : $2.88
PE Ratio RNST : 16.84 CADE : 14.60
PS Ratio RNST : 2.69 CADE : 2.89
PB Ratio RNST : 0.98 CADE : 1.31
Total Revenue (TTM) RNST : $1.43B CADE : $2.75B
Gross Profit (TTM) RNST : $614.94M CADE : $1.36B
EBITDA (TTM) RNST : $182.62M CADE : $564.17M

Return for Risk

RNST vs. CADE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RNST

RNST Risk / Return Rank: 60
RNST Sharpe Ratio Rank: 64
RNST Sortino Ratio Rank: 58
RNST Omega Ratio Rank: 56
RNST Calmar Ratio Rank: 62
RNST Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RNST vs. CADE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Renasant Corporation (RNST) and Cadence Bancorporation (CADE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	RNST	CADE	Difference
Sharpe ratio Return per unit of total volatility	0.73	—	—
Sortino ratio Return per unit of downside risk	1.19	—	—
Omega ratio Gain probability vs. loss probability	1.15	—	—
Calmar ratio Return relative to maximum drawdown	1.06	—	—
Martin ratio Return relative to average drawdown	2.36	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RNST	CADE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	—	—

Drawdowns

Drawdown Indicators

	RNST	CADE	Difference
Max Drawdown Largest peak-to-trough decline	-73.06%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.84%	—	—
Current Drawdown Current decline from peak	-2.67%	—	—
Average Drawdown Average peak-to-trough decline	-19.26%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.73%	—	—

Volatility

Volatility by Period

	RNST	CADE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.63%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.23%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.83%	—	—

Dividends

RNST vs. CADE - Dividend Comparison

RNST's dividend yield for the trailing twelve months is around 2.23%, less than CADE's 2.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CADE Cadence Bancorporation	2.78%	2.57%	2.90%	3.18%	3.57%	7.34%	2.72%	2.26%	2.37%	1.29%	0.00%	0.00%
RNST Renasant Corporation	2.23%	2.53%	2.46%	2.61%	2.34%	2.32%	2.61%	2.46%	2.65%	1.79%	1.68%	1.98%

Financials

RNST vs. CADE - Profitability Comparison

The chart below illustrates the profitability comparison between Renasant Corporation and Cadence Bancorporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RNST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Renasant Corporation reported a gross profit of 0.00 and revenue of 338.12M. Therefore, the gross margin over that period was 0.0%.

CADE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cadence Bancorporation reported a gross profit of 0.00 and revenue of 787.17M. Therefore, the gross margin over that period was 0.0%.

RNST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Renasant Corporation reported an operating income of 0.00 and revenue of 338.12M, resulting in an operating margin of 0.0%.

CADE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cadence Bancorporation reported an operating income of 198.70M and revenue of 787.17M, resulting in an operating margin of 25.2%.

RNST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Renasant Corporation reported a net income of 88.23M and revenue of 338.12M, resulting in a net margin of 26.1%.

CADE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cadence Bancorporation reported a net income of 146.75M and revenue of 787.17M, resulting in a net margin of 18.6%.

Frequently Asked Questions

Can I hold both RNST and CADE in my portfolio?

RNST and CADE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.