Pinnacle Financial Partners, Inc. (PNFP)
| Market Cap | 6.19B |
| Revenue (ttm) | 1.60B |
| Net Income (ttm) | 546.96M |
| Shares Out | 77.08M |
| EPS (ttm) | 7.14 |
| PE Ratio | 11.25 |
| Forward PE | 11.57 |
| Dividend | $0.88 (1.10%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 405,513 |
| Open | 81.01 |
| Previous Close | 81.53 |
| Day's Range | 80.08 - 82.28 |
| 52-Week Range | 43.31 - 92.33 |
| Beta | 1.07 |
| Analysts | Buy |
| Price Target | 94.75 (+18.01%) |
| Earnings Date | Apr 22, 2024 |
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 8 analysts, the average rating for PNFP stock is "Buy." The 12-month stock price forecast is $94.75, which is an increase of 18.01% from the latest price.
News
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...
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 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...
PNFP Reports 3Q23 Diluted EPS of $1.69, Diluted EPS of $1.79 Excluding Investment Losses
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.69 for the quarter ended Sept. 30, 2023, compared to net inco...
Pinnacle Financial Partners Announces Dates for Third Quarter 2023 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its third quarter 2023 financial results on Tuesday, October 17, 2023, after mar...
Wells Fargo downgrades four regional banks and highlights four top names in analyst shift
Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.
Regional banks facing credit losses for commercial real estate: Moody's study
A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.
Moody's downgrades string of smaller mid-sized banks
Moody's analysts issued downgrades on a string of small and mid-sized banks. Should investors be worried about a theme developing in the greater banking landscape?
Quotes - U.S. bank stocks slide after Moody's ratings downgrade
U.S. bank shares slid on Tuesday after Moody's downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation's biggest lenders, sparking concerns about th...
Moody's says US banks are still strong despite downgrades
Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.
Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.
Moody's Cuts Ratings at 10 US Banks
US bank stocks declined after Moody's Investors Service lowered its ratings for 10 small and midsize lenders and said it may downgrade major firms including U.S. Bancorp, Bank of New York Mellon Corp....
Factbox: Major US banks downgraded by Moody's on worsening outlook
Ratings agency Moody's on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker profits.
Pinnacle Financial Partners Inc: A Strong Contender in the Banking Sector with Good
Pinnacle Financial Partners Inc ( PNFP , Financial), a prominent player in the banking industry, is currently trading at $77.27 with a market cap of $5.93 billion. The stock has seen a gain of 3.57% t...