Pinnacle Financial Partners, Inc. (PNFP)
| Market Cap | 9.29B |
| Revenue (ttm) | 1.55B |
| Net Income (ttm) | 403.58M |
| Shares Out | 76.53M |
| EPS (ttm) | 5.24 |
| PE Ratio | 23.16 |
| Forward PE | 16.53 |
| Dividend | $0.88 (0.72%) |
| Ex-Dividend Date | Nov 1, 2024 |
| Volume | 494,235 |
| Open | 122.69 |
| Previous Close | 122.66 |
| Day's Range | 120.48 - 122.87 |
| 52-Week Range | 70.21 - 129.39 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 107.42 (-11.55%) |
| Earnings Date | Jan 14, 2025 |
About PNFP
Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, which includes online wire origination, enhanced ACH origination services, positive pay, zero bala... [Read more]
Financial Performance
In 2023, PNFP's revenue was $1.60 billion, an increase of 8.41% compared to the previous year's $1.48 billion. Earnings were $546.96 million, an increase of 0.26%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for PNFP stock is "Buy." The 12-month stock price forecast is $107.42, which is a decrease of -11.55% from the latest price.
News
Pinnacle Financial Partners Remains a Top 5 Best Bank to Work For in the Nation
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) continues to be one of the nation's top five Best Banks to Work For, having earned the No. 5 spot on the annual list c...
Pinnacle Financial Partners Is a Top 10 Best Workplace for Women
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners has once again been selected as one of the 2024 Fortune Best Workplaces for Women. This is the firm's seventh time being named to this pr...
Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript
Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript
PNFP Reports 3Q24 Diluted EPS of $1.86 and Net Interest Margin of 3.22 Percent
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.86 for the quarter ended Sept. 30, 2024, compared to net inco...
Pinnacle Financial Partners: Loan Renewals, Organic Loan Growth To Drive Earnings
A large amount of low-yielding fixed-rate loans will mature in the second half of 2024. The reinvestment will lift the margin despite the falling rate environment. I'm expecting loan growth to improve...
Pinnacle Financial Partners Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its third quarter 2024 financial results on Tuesday, October 15, 2024, after mar...
Pinnacle Is One of the Country's Top 10 Workplaces for Millennials
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $PNFP #greatplacetowork--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) remains one of the best workplaces in the nation for millennials. The firm earned the No. ...
Pinnacle Financial Partners: Potential Improvement In Profitability In Coming Months
TBV per share continues to increase not having the weight of unrealized losses. Management aims to reduce exposure to CRE loans, increase loan yield, and reinvest in securities to improve NIM. PNFP is...
Pinnacle Financial Partners: Exceptional Growth Can Still Drive Upside
Pinnacle Financial Partners had a somewhat noisy Q2, but core results were better than expected, with revenue, net interest income, and fee income beating expectations, driving a $0.04/share pre-provi...
PNFP Names Charissa Sumerlin Chief Credit Officer
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) has named Charissa Sumerlin the firm's chief credit officer effective immediately. She succeeds Harvey White, who serv...
Pinnacle Financial Partners, Inc. (PNFP) Q2 2024 Earnings Call Transcript
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Q2 2024 Earnings Conference Call July 17, 2024 9:30 AM ET Company Participants Terry Turner - Chief Executive Officer Harold Carpenter - Chief Financia...
PNFP Reports 2Q24 Diluted EPS of $0.64 and Net Interest Margin of 3.14 Percent
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $0.64 for the quarter ended June 30, 2024, compared to net incom...
Pinnacle Financial Partners Announces Dates for Second Quarter 2024 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2024 financial results on Tuesday, July 16, 2024, after marke...
Pinnacle Financial Partners Announces 1Q24 Dividend
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved a $0.22 per share cash dividend to be paid on May 31, 2...
Pinnacle Financial Partners, Inc. (PNFP) Q1 2024 Earnings Call Transcript
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Q1 2024 Results Conference Call April 23, 2024 9:30 AM ET Company Participants Terry Turner - Chief Executive Officer Harold Carpenter - Chief Financia...
PNFP Reports 1Q24 Diluted EPS of $1.57
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.57 for the quarter ended March 31, 2024, compared to net inco...
Pinnacle Financial Partners Announces Dates for First Quarter 2024 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2024 financial results on Monday, April 22, 2024, af...
Pinnacle Earns 30 Greenwich Excellence and Greenwich Best Brand Awards
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners has earned 24 Greenwich Excellence and six Greenwich Best Brand Awards, recognizing the firm as one of very few financial insti...
Pinnacle Financial Partners Takes Center Stage as the Exclusive Naming Rights Partner of Nashville Yards' State-of-the-Art Live Music Venue: “The Pinnacle”
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners new naming rights partner of Nashville Yards' 4,500-capacity music venue per JV partners Southwest Value Partners and AEG.
Pinnacle Financial Partners, Inc. (PNFP) Q4 2023 Earnings Call Transcript
Pinnacle Financial Partners, Inc. (PNFP) Q4 2023 Earnings Call Transcript
Pinnacle Financial CEO on Q4 earnings, real estate loans
Terry Turner, Pinnacle Financial Partners CEO, joins 'Money Movers' to discuss Turner's expectations for the company's expenses, if it's possible to generate positive operating leverage with current d...
Pinnacle Financial Partners Recruits High-Performing Team for Expansion Into North Florida
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Pinnacle Financial Partners has entered the North Florida region with the addition of five veteran financial services professionals to build the firm's presence fr...
PNFP Reports 4Q23 Diluted EPS of $1.19, Diluted EPS of $1.68 Excluding FDIC Special Assessment and BOLI Restructuring Charges
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.19 for the quarter ended Dec. 31, 2023, compared to net incom...
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2023 financial results on Tuesday, Jan. 16, 2024, after marke...
Pinnacle Financial Partners, Inc. (PNFP) Q3 2023 Earnings Call Transcript
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Q3 2023 Earnings Call Transcript October 18, 2023 9:30 AM ET Company Participants Terry Turner - Chief Executive Officer Harold Carpenter - Chief Finan...