RNST vs. COLB
RNST (Renasant Corporation) and COLB (Columbia Banking System, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, RNST returned 3.94%/yr vs 3.88%/yr for COLB. At a 0.47 correlation, their price movements are largely independent.
Performance
RNST vs. COLB - Performance Comparison
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Returns By Period
In the year-to-date period, RNST achieves a 12.65% return, which is significantly higher than COLB's 4.85% return. Both investments have delivered pretty close results over the past 10 years, with RNST having a 3.94% annualized return and COLB not far behind at 3.88%.
RNST
- 1D
- -2.47%
- 1M
- 0.03%
- YTD
- 12.65%
- 6M
- 11.20%
- 1Y
- 14.53%
- 3Y*
- 13.98%
- 5Y*
- 0.53%
- 10Y*
- 3.94%
COLB
- 1D
- -2.02%
- 1M
- -0.41%
- YTD
- 4.85%
- 6M
- 4.03%
- 1Y
- 28.38%
- 3Y*
- 15.75%
- 5Y*
- -2.91%
- 10Y*
- 3.88%
RNST vs. COLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNST Renasant Corporation | 12.65% | 0.98% | 9.12% | -7.70% | 1.70% | 15.28% | -1.62% | 20.24% | -24.72% | -1.43% |
COLB Columbia Banking System, Inc. | 4.85% | 9.36% | 8.05% | -5.86% | -4.26% | -6.24% | -8.16% | 15.54% | -14.36% | -0.65% |
Correlation
The correlation between RNST and COLB is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 1992 | 0.47 |
Over the past year, RNST and COLB have become more correlated (0.75) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
RNST:
$3.71B
COLB:
$8.35B
RNST:
$2.40
COLB:
$2.53
RNST:
16.42
COLB:
11.32
RNST:
2.62
COLB:
2.24
RNST:
0.96
COLB:
1.09
RNST:
$1.43B
COLB:
$3.32B
RNST:
$614.94M
COLB:
$1.71B
RNST:
$182.62M
COLB:
$736.44M
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Return for Risk
RNST vs. COLB — Risk / Return Rank
RNST
COLB
RNST vs. COLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renasant Corporation (RNST) and Columbia Banking System, Inc. (COLB). 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 | COLB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.55 | 0.94 | -0.39 |
Sortino ratioReturn per unit of downside risk | 0.95 | 1.49 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.18 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.55 | -0.70 |
Martin ratioReturn relative to average drawdown | 1.88 | 4.23 | -2.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RNST | COLB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.94 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | -0.08 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.10 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.17 | +0.08 |
Drawdowns
RNST vs. COLB - Drawdown Comparison
The maximum RNST drawdown since its inception was -73.06%, smaller than the maximum COLB drawdown of -85.93%. Use the drawdown chart below to compare losses from any high point for RNST and COLB.
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Drawdown Indicators
| RNST | COLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.06% | -85.93% | +12.87% |
Max Drawdown (1Y)Largest decline over 1 year | -17.19% | -18.38% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -29.28% | -36.43% | +7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -42.73% | -54.47% | +11.74% |
Max Drawdown (10Y)Largest decline over 10 years | -59.84% | -60.80% | +0.96% |
Current DrawdownCurrent decline from peak | -5.08% | -25.98% | +20.90% |
Average DrawdownAverage peak-to-trough decline | -19.26% | -27.55% | +8.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.74% | 6.73% | +1.01% |
Volatility
RNST vs. COLB - Volatility Comparison
Renasant Corporation (RNST) and Columbia Banking System, Inc. (COLB) have volatilities of 6.99% and 7.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNST | COLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 7.31% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 18.23% | 18.61% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.73% | 30.39% | -3.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.25% | 38.17% | -6.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.83% | 37.98% | -5.15% |
Dividends
RNST vs. COLB - Dividend Comparison
RNST's dividend yield for the trailing twelve months is around 2.28%, less than COLB's 5.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COLB Columbia Banking System, Inc. | 5.14% | 5.19% | 5.33% | 5.17% | 3.98% | 3.48% | 3.12% | 2.75% | 2.76% | 2.03% | 3.42% | 3.57% |
RNST Renasant Corporation | 2.28% | 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. COLB - Financials Comparison
This section allows you to compare key financial metrics between Renasant Corporation and Columbia Banking System, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
RNST vs. COLB - Profitability Comparison
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%.
COLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Columbia Banking System, Inc. reported a gross profit of 0.00 and revenue of 816.00M. 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%.
COLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Columbia Banking System, Inc. reported an operating income of 0.00 and revenue of 816.00M, resulting in an operating margin of 0.0%.
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%.
COLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Columbia Banking System, Inc. reported a net income of 192.00M and revenue of 816.00M, resulting in a net margin of 23.5%.
Frequently Asked Questions
RNST and COLB have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COLB has higher volatility (7.31%) compared to RNST (6.99%). In terms of maximum drawdown, RNST dropped -73.06% vs COLB's -85.93%.
COLB currently has the higher Sharpe Ratio (0.94 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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