
Oct 28, 2026
Publicly traded co. to acquire West Tennessee bank
Renasant Bank, a publicly traded company, is set to acquire Commercial Bank & Trust Co. in a deal expected to close in the first quarter of 2027. This acquisition will merge two institutions with a combined $1.5 billion in local deposits. The announcement was made by the Memphis Business Journal.
Company relevance
100.00%
Company sentiment
Bullish
Overall sentiment
Somewhat-Bullish

Oct 28, 2026
Commercial Bank Paris TN Merges With Renasant Corporation
Commercial Bank & Trust Company, a West Tennessee lender, is merging into Renasant Bank in a deal valued at approximately $142 million. This transaction will see Commercial Bank's nine branches across Paris, Union City, Jackson, and Memphis absorbed into Renasant's Southeastern banking franchise, which will have roughly $28.6 billion in total assets post-merger. The merger, approved by both boards, is expected to close in the first quarter of 2027 pending regulatory and shareholder approvals.
Company relevance
100.00%
Company sentiment
Bullish
Overall sentiment
Bullish