Pinnacle Financial PartnersPNFP
PNFP
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
862% more call options, than puts
Call options by funds: $9.32M | Put options by funds: $969K
100% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 8 (+4) [Q3]
27% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 44
22% more capital invested
Capital invested by funds: $5.46B [Q2] → $6.65B (+$1.19B) [Q3]
2% more funds holding
Funds holding: 409 [Q2] → 417 (+8) [Q3]
0.4% less ownership
Funds ownership: 88.45% [Q2] → 88.05% (-0.4%) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 145
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$119
1%
downside
Avg. target
$131
9%
upside
High target
$138
15%
upside
8 analyst ratings
4 positive
50%
4 neutral
50%
0 negative
0%
JP Morgan Anthony Elian 64% 1-year accuracy 9 / 14 met price target | 15%upside $138 | Overweight Maintained | 7 Jan 2025 |
Citigroup Ben Gerlinger 83% 1-year accuracy 15 / 18 met price target | 10%upside $132 | Buy Maintained | 31 Dec 2024 |
Barclays Jared Shaw 69% 1-year accuracy 48 / 70 met price target | 12%upside $135 | Overweight Upgraded | 19 Dec 2024 |
UBS Vilas Abraham 100% 1-year accuracy 2 / 2 met price target | 11%upside $133 | Neutral Assumed | 17 Dec 2024 |
Keefe, Bruyette & Woods Catherine Mealor 68% 1-year accuracy 21 / 31 met price target | 12%upside $135 | Market Perform Downgraded | 4 Dec 2024 |
Financial journalist opinion
Based on 5 articles about PNFP published over the past 30 days
Neutral
Business Wire
1 hour ago
PNFP Reports 4Q24 Diluted EPS of $1.91; Net Interest Margin Held at 3.22 Percent
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.91 for the quarter ended Dec. 31, 2024, compared to net income per diluted common share of $1.19 for the quarter ended Dec. 31, 2023, an increase of approximately 60.5 percent. Net income per diluted common share was $5.96 for the year ended Dec. 31, 2024, compared to $7.14 for the year ended Dec. 31, 2023, a decrease of approximately 16.5 percent. After con.
Positive
Zacks Investment Research
6 days ago
Seeking Clues to Pinnacle Financial (PNFP) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Evaluate the expected performance of Pinnacle Financial (PNFP) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Positive
Zacks Investment Research
1 week ago
Pinnacle Financial (PNFP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Pinnacle Financial (PNFP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 week ago
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2024 financial results on Tuesday, January 21, 2025, after market close. It will also host a live webcast on Wednesday, January 22, at 8:30 a.m. CST to review its financial results, business outlook for the firm and other matters. The fourth quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Positive
Zacks Investment Research
2 weeks ago
Why Pinnacle Financial (PNFP) is Poised to Beat Earnings Estimates Again
Pinnacle Financial (PNFP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Positive
Benzinga
1 month ago
How To Invest $1,000 In Regional Banks For 2025: Top Wall Street Analyst Reveals His Top Picks
Regional bank stocks have been on a tear since the 2024 U.S. election, with the SPDR S&P Regional Banking ETF KRE climbing about 10% versus the broader S&P 500's 5% gain.
Neutral
Business Wire
1 month ago
Pinnacle Financial Partners Remains One of America's Best Workplaces for Parents
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners continues to be one of the best workplaces for parents reaffirming its founders' commitment to support families. The firm earned the No.21 spot on the list of 2024 Best Workplaces for Parents from Great Place to Work®. It's Pinnacle's sixth appearance on the list, which is determined by anonymous employee surveys, with analysis focused on the comparison between parent responses and non-parent responses. “We know that when our associ.
Neutral
Business Wire
2 months ago
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.
Neutral
Business Wire
2 months ago
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.
Neutral
Seeking Alpha
3 months ago
Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript
Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript
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