Pinnacle Financial Partners (PNFP)

• Market cap: $8.71B
• 1 day: -0.23%
• 5 days: -6.62%
• 1 month: -9.47%
• 3 months: -13.17%
• 6 months: 15.46%
• Year to date: -0.67%
• 1 year: 35.71%
• 5 years: 98.59%
• 10 years: 175.83%
• Sector: Financials
• Industry: National Commercial Banks

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: 3,357

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

891% more call options, than puts

Call options by funds: $10.6M | Put options by funds: $1.08M

147% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 34

25% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 10 (+2) [Q4]

19% more capital invested

Capital invested by funds: $6.65B [Q3] → $7.92B (+$1.27B) [Q4]

9% more funds holding

Funds holding: 418 [Q3] → 456 (+38) [Q4]

1.55% more ownership

Funds ownership: 88.05% [Q3] → 89.6% (+1.55%) [Q4]

20% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 163

Research analyst outlook

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

• Low target: $125 11% upside
• Avg. target: $134 19% upside
• High target: $142 26% upside

7 analyst ratings

• positive: 4 57%
• neutral: 3 43%
• negative: 0 0%

Stephens & Co. Russell Gunther 70% 1-year accuracy 19 / 27 met price target	26% upside $142	Overweight Reiterated	27 Jan 2025
Wells Fargo Steven Shaw 100% 1-year accuracy 1 / 1 met price target	11% upside $125	Equal-Weight Maintained	23 Jan 2025
JP Morgan Anthony Elian 47% 1-year accuracy 8 / 17 met price target	22% upside $138	Overweight Maintained	7 Jan 2025
Citigroup Ben Gerlinger 75% 1-year accuracy 12 / 16 met price target	17% upside $132	Buy Maintained	31 Dec 2024
Barclays Jared Shaw 69% 1-year accuracy 49 / 71 met price target	20% upside $135	Overweight Upgraded	19 Dec 2024