Pinnacle Financial Partners
PNFP
Market cap $9.75B

126.18 USD

+3.72

3.04%

At close Nov 22, 4:00 PM EST

After hours

126.18

+0.00

0.00%

1 day

3.04%

5 days

2.64%

1 month

22.80%

3 months

34.49%

6 months

54.78%

Year to date

44.07%

1 year

78.35%

5 years

107.29%

10 years

231.44%

About: Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank mainly in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. It relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, mainly real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.

Employees: 3,517

Financials National Commercial Banks

0

Funds holding %

of 6,763 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

651% more call options, than puts

Call options by funds: $7.07M | Put options by funds: $941K

100% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 8 (+4) [Q3]

21% more capital invested

Capital invested by funds: $5.4B [Q2] → $6.55B (+$1.15B) [Q3]

10% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 50

1% more funds holding

Funds holding: 409 [Q2] → 414 (+5) [Q3]

0.72% less ownership

Funds ownership: 87.49% [Q2] → 86.77% (-0.72%) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 144

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$100

21%

downside

Avg. target

$114

10%

downside

High target

$135

7%

upside

9 analyst ratings

4 positive

44%

5 neutral

56%

0 negative

0%

Hovde Group Brett Rabatin 100% 1-year accuracy 4 / 4 met price target	7%upside $135	Market Perform Downgraded	18 Nov 2024
Truist Securities Brandon King 98% 1-year accuracy 59 / 60 met price target	6%downside $119	Buy Maintained	21 Oct 2024
Citigroup Ben Gerlinger 86% 1-year accuracy 24 / 28 met price target	3%downside $123	Buy Maintained	17 Oct 2024
Stephens & Co. Russell Gunther 100% 1-year accuracy 18 / 18 met price target	5%downside $120	Overweight Maintained	17 Oct 2024
Wells Fargo Steven Shaw 100% 1-year accuracy 1 / 1 met price target	18%downside $104	Equal-Weight Maintained	17 Oct 2024

See Analyst Rankings

Financial journalist opinion

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 compiled by American Banker magazine and Best Companies Group. The firm is No.1 in its size category of banks with $10 billion or more in assets and has been No. 1 or No. 2 in the category since the inception of these rankings. Aside from Pinnacle, which had $49.2 billion in assets when this ranking.

Pinnacle Financial Partners Remains a Top 5 Best Bank to Work For in the Nation

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 prestigious list, this year coming in at No.8. Pinnacle previously earned this distinction in 2023, 2022, 2021, 2020, 2018 and 2017. “I am deeply honored that our firm has been recognized as one of the top workplaces for women,” said Summer Yeiser Pinnacle's director of associate and client experienc.

Pinnacle Financial Partners Is a Top 10 Best Workplace for Women

Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript

Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript

Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, Pinnacle Financial (PNFP) Q3 Earnings: A Look at Key Metrics

The headline numbers for Pinnacle Financial (PNFP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Pinnacle Financial (PNFP) Q3 Earnings: A Look at Key Metrics

Zacks Investment Research

Pinnacle Financial (PNFP) Q3 Earnings and Revenues Top Estimates

Pinnacle Financial (PNFP) came out with quarterly earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.79 per share a year ago.

Pinnacle Financial (PNFP) Q3 Earnings and Revenues Top Estimates

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 income per diluted common share of $1.69 for the quarter ended Sept. 30, 2023, an increase of approximately 10.1 percent. Net income per diluted common share was $4.08 for the nine months ended Sept. 30, 2024, compared to $5.99 for the nine months ended Sept. 30, 2023, a decrease of approximately 31.9.

PNFP Reports 3Q24 Diluted EPS of $1.86 and Net Interest Margin of 3.22 Percent

Zacks Investment Research

Unveiling Pinnacle Financial (PNFP) Q3 Outlook: Wall Street Estimates for Key Metrics

Besides Wall Street's top -and-bottom-line estimates for Pinnacle Financial (PNFP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

Unveiling Pinnacle Financial (PNFP) Q3 Outlook: Wall Street Estimates for Key Metrics

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 because of interest rate cuts as well as Tennessee's economic strength. Weakness in the BHG group will likely undermine the growth of core fee income.

Pinnacle Financial Partners: Loan Renewals, Organic Loan Growth To Drive Earnings

Zacks Investment Research

Pinnacle Financial (PNFP) Earnings Expected to Grow: Should You Buy?

Pinnacle Financial (PNFP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Pinnacle Financial (PNFP) Earnings Expected to Grow: Should You Buy?

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 market close. It will also host a live webcast on Wednesday, October 16, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The third quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com. To.

Pinnacle Financial Partners Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

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