PNFP stock icon

Pinnacle Financial Partners

126.51 USD
+1.94
1.56%
At close Dec 6, 4:00 PM EST
After hours
126.51
+0.00
0.00%
1 day
1.56%
5 days
-0.47%
1 month
3.21%
3 months
36.00%
6 months
64.58%
Year to date
44.45%
1 year
58.57%
5 years
101.06%
10 years
231.35%
 

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 6,790 funds
0
Analysts bullish %
of 12 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] → $6.56B (+$1.15B) [Q3]

12% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 49

1% more funds holding

Funds holding: 409 [Q2] → 415 (+6) [Q3]

0.68% less ownership

Funds ownership: 87.49% [Q2] → 86.81% (-0.68%) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 144

Research analyst outlook

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

Low target
$100
21%
downside
Avg. target
$117
8%
downside
High target
$135
7%
upside

12 analyst ratings

positive
33%
neutral
67%
negative
0%
Barclays
Jared Shaw
66% 1-year accuracy
38 / 58 met price target
5%downside
$120
Equal-Weight
Maintained
5 Dec 2024
Keefe, Bruyette & Woods
Catherine Mealor
100% 1-year accuracy
17 / 17 met price target
7%upside
$135
Market Perform
Downgraded
4 Dec 2024
Wells Fargo
Steven Shaw
0 / 0 met price target
5%downside
$120
Equal-Weight
Maintained
3 Dec 2024
Hovde Group
Brett Rabatin
100% 1-year accuracy
3 / 3 met price target
7%upside
$135
Market Perform
Downgraded
18 Nov 2024
Truist Securities
Brandon King
98% 1-year accuracy
54 / 55 met price target
6%downside
$119
Buy
Maintained
21 Oct 2024

Financial journalist opinion

Neutral
Business Wire
2 days 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.
Pinnacle Financial Partners Remains One of America's Best Workplaces for Parents
Neutral
Business Wire
3 weeks 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.
Pinnacle Financial Partners Remains a Top 5 Best Bank to Work For in the Nation
Neutral
Business Wire
1 month 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.
Pinnacle Financial Partners Is a Top 10 Best Workplace for Women
Neutral
Seeking Alpha
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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
Neutral
Business Wire
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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
Positive
Seeking Alpha
1 month ago
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
Positive
Zacks Investment Research
1 month ago
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?
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