PNFP
Pinnacle Financial Partners, Inc.
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Latest Quote
$100.36
| Previous Close | $100.00 |
| Open | $99.73 |
| Day High | $100.44 |
| Day Low | $99.07 |
| Volume | 31,255 |
Stock Information
| Quarterly Dividend / Yield | $2.00 / 1.98% |
| Shares Outstanding | 151.11M |
| Quarterly Dividend Yield | 1.98% |
| Quarterly Dividend | $2.00 |
| Total Debt | $11.28B |
| Cash Equivalents | $7.84B |
| Revenue | $3.30B |
| Net Income | $783.67M |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Market Cap | $15.17B |
| P/E Ratio | 13.82 |
| EPS (TTM) | $7.26 |
| Exchange | NYQ |
Recent Price History
About Pinnacle Financial Partners, Inc.
Pinnacle Financial Partners, Inc. 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. It accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, such as online wire origination, enhanced ACH origination, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services, small business and commercial credit cards corporate purchasing cards, and virtual accounting/deposit escrow solutions. The company also offers equipment and working capital loans; commercial real estate loans, such as investment properties and business loan; secured and unsecured loans comprising installment and term, lines of credit, and residential first mortgage, as well as home equity loans and home equity lines of credit; and credit cards for consumers and businesses. In addition, the company provides investment products; brokerage and investment advisory programs; and fiduciary and investment services, including personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. Further, it offers insurance agency services in the property and casualty area; investment, merger and acquisition advisory services, private debt, equity and mezzanine placement services, and other middle-market advisory services; and other banking services, including telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Atlanta, Georgia.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $1,791,426,000 | $1,521,262,000 | $1,383,389,000 | $1,304,652,000 |
| Operating Revenue | $1,791,426,000 | $1,521,262,000 | $1,383,389,000 | $1,304,652,000 |
| Expenses | ||||
| Interest Expense | $1,247,371,000 | $1,332,508,000 | $1,091,250,000 | $244,642,000 |
| Selling And Marketing Expense | $37,351,000 | $26,668,000 | $23,914,000 | $21,073,000 |
| General And Administrative Expense | $748,512,000 | $652,049,000 | $563,640,000 | $537,550,000 |
| Professional Expense And Contract Services Expense | $12,286,000 | $11,194,000 | $10,887,000 | $9,209,000 |
| Other Non Interest Expense | $13,919,000 | $39,839,000 | $11,458,000 | $10,448,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $641,865,000 | $475,056,000 | $562,152,000 | $560,742,000 |
| Net Interest Income | $1,548,261,000 | $1,365,590,000 | $1,262,118,000 | $1,129,293,000 |
| Interest Income | $2,795,632,000 | $2,698,098,000 | $2,353,368,000 | $1,373,935,000 |
| Normalized Income | $659,240,176 | $473,211,214 | $494,432,224 | $560,374,572 |
| Net Income From Continuing And Discontinued Operation | $641,865,000 | $475,056,000 | $562,152,000 | $560,742,000 |
| Net Income Common Stockholders | $626,673,000 | $459,864,000 | $546,960,000 | $545,550,000 |
| Net Income | $641,865,000 | $475,056,000 | $562,152,000 | $560,742,000 |
| Net Income Including Noncontrolling Interests | $641,865,000 | $475,056,000 | $562,152,000 | $560,742,000 |
| Net Income Continuous Operations | $641,865,000 | $475,056,000 | $562,152,000 | $560,742,000 |
| Pretax Income | $779,878,000 | $581,209,000 | $714,006,000 | $697,493,000 |
| Special Income Charges | $-21,112,000 | $2,258,000 | $86,048,000 | $457,000 |
| Depreciation Amortization Depletion Income Statement | $5,608,000 | $6,254,000 | $7,090,000 | $7,810,000 |
| Depreciation And Amortization In Income Statement | $5,608,000 | $6,254,000 | $7,090,000 | $7,810,000 |
| Amortization Of Intangibles Income Statement | $5,608,000 | $6,254,000 | $7,090,000 | $7,810,000 |
| Per Share | ||||
| Diluted EPS | $8.07 | $5.96 | $7.14 | $7.17 |
| Basic EPS | $8.15 | $6.01 | $7.20 | $7.20 |
| Other | ||||
| Tax Effect Of Unusual Items | $-3,736,824 | $413,214 | $18,328,224 | $89,572 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Total Unusual Items | $-21,112,000 | $2,258,000 | $86,048,000 | $457,000 |
| Total Unusual Items Excluding Goodwill | $-21,112,000 | $2,258,000 | $86,048,000 | $457,000 |
| Reconciled Depreciation | $114,414,000 | $98,582,000 | $78,698,000 | $62,298,000 |
| Diluted Average Shares | $77,688,626 | $77,131,330 | $76,647,543 | $76,133,865 |
| Basic Average Shares | $76,863,389 | $76,460,926 | $76,016,370 | $75,735,404 |
| Diluted NI Availto Com Stockholders | $626,673,000 | $459,864,000 | $546,960,000 | $545,550,000 |
| Preferred Stock Dividends | $15,192,000 | $15,192,000 | $15,192,000 | $15,192,000 |
| Tax Provision | $138,013,000 | $106,153,000 | $151,854,000 | $136,751,000 |
| Other Special Charges | $-554,000 | $-2,258,000 | $-86,048,000 | $-457,000 |
| Restructuring And Mergern Acquisition | $21,666,000 | $0 | $0 | - |
| Gain On Sale Of Security | $-16,611,000 | $-71,854,000 | $-19,674,000 | $156,000 |
| Amortization | $5,608,000 | $6,254,000 | $7,090,000 | $7,810,000 |
| Selling General And Administration | $785,863,000 | $678,717,000 | $587,554,000 | $558,623,000 |
| Other Gand A | $27,081,000 | $31,018,000 | $31,812,000 | $27,375,000 |
| Salaries And Wages | $721,431,000 | $621,031,000 | $531,828,000 | $510,175,000 |
| Occupancy And Equipment | $195,300,000 | $166,002,000 | $138,980,000 | $109,672,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $5,165,096,000 | $4,561,198,000 | $4,161,350,000 | $3,637,864,000 |
| Total Assets | $57,706,053,000 | $52,589,449,000 | $47,959,883,000 | $41,970,021,000 |
| Goodwill And Other Intangible Assets | $1,878,619,000 | $1,870,683,000 | $1,874,438,000 | $1,881,528,000 |
| Other Intangible Assets | $29,715,000 | $21,423,000 | $27,465,000 | $34,555,000 |
| Receivables | $219,761,000 | $214,080,000 | $217,491,000 | $161,182,000 |
| Accounts Receivable | $219,761,000 | $214,080,000 | $217,491,000 | $161,182,000 |
| Cash And Cash Equivalents | $3,473,908,000 | $3,342,280,000 | $2,143,476,000 | $1,145,935,000 |
| Cash Financial | $358,258,000 | $320,320,000 | $228,620,000 | $268,649,000 |
| Cash Cash Equivalents And Federal Funds Sold | $3,661,477,000 | $3,502,374,000 | $2,788,358,000 | $1,690,658,000 |
| Debt | ||||
| Total Debt | $2,205,033,000 | $2,299,955,000 | $2,563,107,000 | $888,491,000 |
| Long Term Debt And Capital Lease Obligation | $2,205,033,000 | $2,299,955,000 | $2,563,107,000 | $888,491,000 |
| Long Term Debt | $2,205,033,000 | $2,299,955,000 | $2,563,107,000 | $888,491,000 |
| Net Debt | - | - | $419,631,000 | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $50,662,338,000 | $46,157,568,000 | $41,924,095,000 | $36,450,629,000 |
| Payables And Accrued Expenses | $48,250,000 | $55,619,000 | $66,967,000 | $19,478,000 |
| Payables | $48,250,000 | $55,619,000 | $66,967,000 | $19,478,000 |
| Accounts Payable | $48,250,000 | $55,619,000 | $66,967,000 | $19,478,000 |
| Equity | ||||
| Common Stock Equity | $6,826,589,000 | $6,214,755,000 | $5,818,662,000 | $5,302,266,000 |
| Preferred Stock Equity | $217,126,000 | $217,126,000 | $217,126,000 | $217,126,000 |
| Total Equity Gross Minority Interest | $7,043,715,000 | $6,431,881,000 | $6,035,788,000 | $5,519,392,000 |
| Stockholders Equity | $7,043,715,000 | $6,431,881,000 | $6,035,788,000 | $5,519,392,000 |
| Gains Losses Not Affecting Retained Earnings | $-122,965,000 | $-167,944,000 | $-152,525,000 | $-190,761,000 |
| Other Equity Adjustments | $-122,965,000 | $-167,944,000 | $-152,525,000 | $-190,761,000 |
| Retained Earnings | $3,727,788,000 | $3,175,777,000 | $2,784,927,000 | $2,341,706,000 |
| Long Term Equity Investment | $391,946,000 | $436,707,000 | $445,223,000 | $443,185,000 |
| Other | ||||
| Preferred Shares Number | $9,000,000 | $9,000,000 | $9,000,000 | $9,000,000 |
| Ordinary Shares Number | $77,661,626 | $77,242,307 | $76,766,674 | $76,500,000 |
| Share Issued | $77,661,626 | $77,242,307 | $76,766,674 | $76,500,000 |
| Tangible Book Value | $4,947,970,000 | $4,344,072,000 | $3,944,224,000 | $3,420,738,000 |
| Invested Capital | $9,031,622,000 | $8,514,710,000 | $8,381,769,000 | $6,190,757,000 |
| Total Capitalization | $9,248,748,000 | $8,731,836,000 | $8,598,895,000 | $6,407,883,000 |
| Additional Paid In Capital | $3,144,104,000 | $3,129,680,000 | $3,109,493,000 | $3,074,867,000 |
| Capital Stock | $294,788,000 | $294,368,000 | $293,893,000 | $293,580,000 |
| Common Stock | $77,662,000 | $77,242,000 | $76,767,000 | $76,454,000 |
| Preferred Stock | $217,126,000 | $217,126,000 | $217,126,000 | $217,126,000 |
| Investments And Advances | $9,549,153,000 | $8,817,975,000 | $7,769,110,000 | $7,081,105,000 |
| Held To Maturity Securities | $2,590,524,000 | $2,798,899,000 | $3,006,357,000 | $3,079,050,000 |
| Available For Sale Securities | $3,514,763,000 | - | - | - |
| Goodwill | $1,848,904,000 | $1,849,260,000 | $1,846,973,000 | $1,846,973,000 |
| Net PPE | $339,990,000 | $311,277,000 | $256,877,000 | $327,885,000 |
| Accumulated Depreciation | $-187,165,000 | $-170,296,000 | $-142,095,000 | $-157,478,000 |
| Gross PPE | $527,155,000 | $481,573,000 | $398,972,000 | $485,363,000 |
| Leases | $115,255,000 | $80,212,000 | $69,506,000 | $62,209,000 |
| Construction In Progress | $21,881,000 | $57,261,000 | $13,186,000 | - |
| Machinery Furniture Equipment | $215,559,000 | $186,436,000 | $178,913,000 | $144,979,000 |
| Buildings And Improvements | $132,139,000 | $116,349,000 | $100,862,000 | $206,434,000 |
| Land And Improvements | $42,321,000 | $41,315,000 | $36,505,000 | $71,741,000 |
| Other Short Term Investments | $3,051,920,000 | $5,582,369,000 | $4,317,530,000 | $3,558,870,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $665,182,000 | $807,291,000 | $400,148,000 | $540,578,000 |
| Operating Activities | ||||
| Operating Cash Flow | $759,008,000 | $904,306,000 | $478,404,000 | $604,925,000 |
| Cash Flow From Continuing Operating Activities | $759,008,000 | $904,306,000 | $478,404,000 | $604,925,000 |
| Operating Gains Losses | - | - | $-167,662,000 | $-166,227,000 |
| Investing Activities | ||||
| Capital Expenditure | $-93,826,000 | $-97,015,000 | $-78,256,000 | $-64,347,000 |
| Investing Cash Flow | $-5,034,276,000 | $-3,672,452,000 | $-4,602,439,000 | $-6,684,439,000 |
| Cash Flow From Continuing Investing Activities | $-5,034,276,000 | $-3,672,452,000 | $-4,602,439,000 | $-6,684,439,000 |
| Net Other Investing Changes | $-129,775,000 | $154,957,000 | $-270,819,000 | $-109,444,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-21,101,000 | $-14,430,000 | $-3,725,000 | $-5,462,000 |
| Financing Cash Flow | $4,404,425,000 | $3,973,722,000 | $5,177,002,000 | $3,155,357,000 |
| Cash Flow From Continuing Financing Activities | $4,404,425,000 | $3,973,722,000 | $5,177,002,000 | $3,155,357,000 |
| Cash Dividends Paid | $-89,854,000 | $-84,206,000 | $-83,929,000 | $-83,386,000 |
| Preferred Stock Dividend Paid | $-15,192,000 | $-15,192,000 | $-15,192,000 | $-15,192,000 |
| Common Stock Dividend Paid | $-74,662,000 | $-69,014,000 | $-68,737,000 | $-68,194,000 |
| Net Common Stock Issuance | $-21,101,000 | $-14,430,000 | $-3,725,000 | $-5,462,000 |
| Dividend Received Cfo | $163,104,000 | $71,689,000 | $36,694,000 | $63,114,000 |
| Issuance Of Capital Stock | - | - | - | $0 |
| Net Preferred Stock Issuance | - | - | - | $0 |
| Preferred Stock Issuance | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-116,693,000 | $-700,418,000 | $-1,750,312,000 | $-954,828,000 |
| Issuance Of Debt | $0 | $454,650,000 | $3,425,000,000 | $500,000,000 |
| Interest Paid Supplemental Data | $1,253,950,000 | $1,342,635,000 | $1,042,542,000 | $236,463,000 |
| Income Tax Paid Supplemental Data | $77,129,000 | $30,763,000 | $99,890,000 | $128,850,000 |
| End Cash Position | $3,565,082,000 | $3,435,925,000 | $2,230,349,000 | $1,177,382,000 |
| Beginning Cash Position | $3,435,925,000 | $2,230,349,000 | $1,177,382,000 | $4,101,539,000 |
| Changes In Cash | $129,157,000 | $1,205,576,000 | $1,052,967,000 | $-2,924,157,000 |
| Proceeds From Stock Option Exercised | $-7,681,000 | $-5,842,000 | $-3,215,000 | $-4,714,000 |
| Common Stock Payments | $-21,101,000 | $-14,430,000 | $-3,725,000 | $-5,462,000 |
| Net Issuance Payments Of Debt | $-116,693,000 | $-245,768,000 | $1,674,688,000 | $-454,828,000 |
| Net Long Term Debt Issuance | $-116,693,000 | $-245,768,000 | $1,674,688,000 | $-454,828,000 |
| Long Term Debt Payments | $-116,693,000 | $-700,418,000 | $-1,750,312,000 | $-954,828,000 |
| Long Term Debt Issuance | $0 | $454,650,000 | $3,425,000,000 | $500,000,000 |
| Net Investment Purchase And Sale | $-1,019,329,000 | $-1,341,438,000 | $-712,341,000 | $-1,332,824,000 |
| Sale Of Investment | $1,554,707,000 | $1,406,851,000 | $495,464,000 | $521,619,000 |
| Purchase Of Investment | $-2,574,036,000 | $-2,748,289,000 | $-1,207,805,000 | $-1,854,443,000 |
| Net Intangibles Purchase And Sale | $-5,545,000 | $3,447,000 | $198,920,000 | $-127,000 |
| Sale Of Intangibles | $8,355,000 | $5,946,000 | $198,920,000 | $698,000 |
| Purchase Of Intangibles | $-13,900,000 | $-2,499,000 | $0 | $-825,000 |
| Net PPE Purchase And Sale | $-79,926,000 | $-94,516,000 | $-78,256,000 | $-63,522,000 |
| Purchase Of PPE | $-79,926,000 | $-94,516,000 | $-78,256,000 | $-63,522,000 |
| Change In Working Capital | $-258,212,000 | $160,974,000 | $-254,907,000 | $-109,056,000 |
| Change In Other Current Liabilities | $-146,996,000 | $154,450,000 | $7,944,000 | $-26,620,000 |
| Change In Other Current Assets | $-111,216,000 | $6,524,000 | $-262,851,000 | $-82,436,000 |
| Other Non Cash Items | $107,255,000 | $-69,162,000 | $-42,998,000 | $4,026,000 |
| Excess Tax Benefit From Stock Based Compensation | $-3,839,000 | $-2,806,000 | $-208,000 | $-3,027,000 |
| Stock Based Compensation | $43,626,000 | $40,934,000 | $41,879,000 | $39,552,000 |
| Deferred Tax | $-75,430,000 | $-19,351,000 | $72,368,000 | $19,740,000 |
| Deferred Income Tax | $-75,430,000 | $-19,351,000 | $72,368,000 | $19,740,000 |
| Depreciation Amortization Depletion | $114,414,000 | $98,582,000 | $78,698,000 | $62,298,000 |
| Depreciation And Amortization | $114,414,000 | $98,582,000 | $78,698,000 | $62,298,000 |
| Depreciation | $114,414,000 | $98,582,000 | $78,698,000 | $62,298,000 |
| Earnings Losses From Equity Investments | $-129,787,000 | $-80,284,000 | $-94,134,000 | $-156,071,000 |
| Gain Loss On Investment Securities | $16,611,000 | $71,854,000 | $19,674,000 | $-156,000 |
| Gain Loss On Sale Of PPE | $-554,000 | $-2,258,000 | $-86,048,000 | $-457,000 |
| Net Income From Continuing Operations | $641,865,000 | $475,056,000 | $562,152,000 | $560,742,000 |
| Net Business Purchase And Sale | - | $0 | $0 | $-30,896,000 |
| Purchase Of Business | - | - | - | - |