Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Pinnacle Financial Partners (PNFP - Free Report) is a stock many investors are watching right now. PNFP is currently sporting a Zacks Rank #2 (Buy) and an A for Value.
Investors should also recognize that PNFP has a P/B ratio of 1.16. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. PNFP's current P/B looks attractive when compared to its industry's average P/B of 1.80. Within the past 52 weeks, PNFP's P/B has been as high as 1.64 and as low as 1.04, with a median of 1.32.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. PNFP has a P/S ratio of 1.21. This compares to its industry's average P/S of 2.4.
Finally, we should also recognize that PNFP has a P/CF ratio of 9.92. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 17.38. Within the past 12 months, PNFP's P/CF has been as high as 17.68 and as low as 8.90, with a median of 13.08.
Value investors will likely look at more than just these metrics, but the above data helps show that Pinnacle Financial Partners is likely undervalued currently. And when considering the strength of its earnings outlook, PNFP sticks out as one of the market's strongest value stocks.
ATLANTA--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners (NYSE: PNFP) added 96 revenue-producing team members during the third quarter of 2026, bringing its year-to-date total to 222 – on track to exceed the target of 225-250. The quarter's new team members include experienced commercial bankers, market leaders and specialists in treasury management, wealth management, trust, restaurant and franchise finance, foreign exchange and government banking.Hiring remained broadly distributed across Pinnacl.
Can ServisFirst Keep Delivering?Pinnacle Financial Partners NYSE: PNFP reported third-quarter 2026 diluted earnings per share of $2.40 and adjusted diluted EPS of $2.69, excluding $56 million of pretax adjusted items, as loan and deposit growth, fee income and recruiting activity continued to support results following its merger.
Adjusted EPS rose 8% from the prior quarter and 19% from the third quarter of 2025, Chief Financial Officer Jamie Gregory said. Year-to-date adjusted EPS increased 23% from the comparable prior-year period, while adjusted return on average tangible common equity was 18.3% in the third quarter.
Get PNFP alerts:
FB Financial's Southern Expansion and Buybacks Drive Analyst OptimismPresident and CEO Kevin Blair said the company’s results reflected progress in integrating the combined organization while maintaining client relationships, hiring bankers and managing credit quality. Operational and brand conversion remains scheduled for March 2027.
Balance-sheet growth supports net interest income
Period-end loans increased $1.7 billion from the second quarter, or 8% on an annualized basis, led primarily by commercial and industrial lending. Deposits rose $2.1 billion on a linked-quarter basis, with growth across geographic markets and specialty banking units. Excluding public-fund headwinds, core deposits increased about 3% from the second quarter, or 13% annualized.
Net interest income increased $30 million from the second quarter to $986 million as earning-asset growth more than offset a four-basis-point decline in net interest margin. The margin was 3.40%, while loan yields increased one basis point to 6.12%.
Gregory said the company expects its margin to expand slightly in the fourth quarter, helped by the late-quarter Federal Reserve rate increase, fixed-rate asset repricing, expected recovery in loan fees and purchase accounting accretion, and core deposit growth. Those factors will be partly offset by the company’s planned buildup of high-quality liquid assets.
Looking beyond the fourth quarter, Gregory said incremental balance-sheet growth is expected to carry a margin near 3.30%, creating modest pressure on overall margin in 2027 rather than an immediate decline to that level. He said fixed-rate asset repricing should continue through 2027 and into 2028.
The company expects to issue about $1 billion of debt annually for the first three years following the merger as part of its liquidity plans. Each $1 billion of debt issuance adds “a couple basis point impact” to funding costs, Gregory said. While potential regulatory changes could affect the longer-term timing of the liquidity buildup, management said they have not changed near-term plans.
Fee income rises, led by BHG and leasing gain
Adjusted non-interest revenue increased $53 million from the second quarter. Results included a $23 million gain in the equipment leasing business and record production at BHG, which lifted investment income to $48 million from $24 million in the prior quarter.
Gregory said BHG’s gains were driven by production and funding mix rather than expense reductions. Management expects BHG’s production, distribution and investment-income contribution to remain at a similar level in the fourth quarter. The company raised its full-year BHG income outlook to $150 million to $160 million, from guidance of $110 million to $120 million provided in July.
Blair said core banking fees were up about 10% year to date, wealth revenue rose 11%, and capital-markets revenue climbed 23%. He cited a 50% increase in lead-arranger fees and a 26% increase in derivatives revenue. Merger-related revenue synergies totaled about $20 million year to date, largely from capital markets, with management expecting further opportunities after the March 2027 conversion places the combined company on a single platform.
Adjusted non-interest expense was $690 million, up 4% from the prior quarter, driven by higher incentive accruals tied to performance and modest headcount growth. The adjusted tangible efficiency ratio improved 95 basis points from the second quarter to 48.9%.
The company incurred $56 million in nonrecurring merger expenses in the quarter, bringing the year-to-date total to $382 million. Management said that remains in line with its full-year merger-expense outlook of $400 million to $450 million.
Credit quality and capital remain stable
Net charge-offs were $50 million, or 23 basis points, within the company’s stated 20- to 25-basis-point range. The nonperforming asset ratio was unchanged at 0.50%, and the allowance for credit losses ratio ended the quarter at 1.19%.
Gregory said reserve building during the quarter reflected loan growth and macroeconomic scenario weighting rather than deterioration in the loan portfolio. The company has assigned 45% of its economic scenarios to below-consensus outcomes, he said. Management expects reserve funding to remain at a similar rate if the economic outlook does not change.
Blair said commercial real estate production could remain pressured because higher rates affect valuations and developers are finding fewer projects that “pencil.” The company expects most loan growth to continue coming from C&I lending rather than commercial real estate.
Preliminary common equity Tier 1 capital rose eight basis points from the second quarter to 10.01%. Management continues to target a 10.25% CET1 ratio and said its priority is funding client-driven growth rather than restarting share repurchases. Gregory said the recent pace of capital accretion could bring the company to its target in a few quarters.
Recruiting and conversion preparations continue
Pinnacle added 96 experienced revenue producers during the third quarter and 222 year to date. More than half of the year-to-date hires joined in core Synovus markets. Blair said October recruiting was strong enough that the company expects to exceed the upper end of its original 225-to-250 hiring target for 2026.
Revenue-producer retention, excluding merger-related synergies, was 95% year to date. Blair said bankers hired within the past year have generated enough business to cover roughly 88% of their cash compensation, while those employed for one to three years are generating two to three times their cash compensation.
Management also cited Coalition Greenwich survey results that ranked Pinnacle first in net promoter score among larger banks in its footprint. The company said non-CD deposit account closures in 2026 were lower than in 2025, both by dollars and account count.
For 2026, Pinnacle maintained its outlook for loan growth at the upper end of its 9% to 11% range and deposit growth around the midpoint of its 8% to 10% range. It expects full-year net interest margin of 3.44% to 3.46%, adjusted non-interest expense just above the midpoint of its $2.675 billion to $2.775 billion range, and charge-offs within its 20- to 25-basis-point range.
Blair said the company will provide its 2027 outlook in December.
About Pinnacle Financial Partners (NYSE:PNFP)Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its primary subsidiary, Pinnacle Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs and individuals.
Its offerings include commercial and consumer loans, deposit accounts, treasury and cash-management services, mortgage lending, investment and wealth-management services, trust services and insurance solutions. Pinnacle emphasizes relationship-based banking and serves clients through offices and financial professionals in Tennessee and selected markets in the Carolinas and Virginia.
Founded in 2000, Pinnacle has expanded from its Nashville base into a broader regional banking franchise through organic growth and acquisitions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Pinnacle Financial Partners Right Now?Before you consider Pinnacle Financial Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pinnacle Financial Partners wasn't on the list.
While Pinnacle Financial Partners currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Pinnacle Financial Partners (NYSE: PNFP) added 96 revenue-producing team members during the third quarter of 2026, bringing its year-to-date total to 222 â on
Pinnacle Financial Partners, Inc. (PNFP) Q3 2026 Earnings Call October 22, 2026 8:00 AM EDT
Company Participants
Samantha W. Tyagi
Kevin Blair - President, CEO & Director
Andrew Gregory - Executive VP & CFO
Conference Call Participants
Casey Haire
John Pancari - Evercore ISI Institutional Equities, Research Division
Ebrahim Poonawala - BofA Securities, Research Division
Jared David Shaw - Barclays Bank PLC, Research Division
John McDonald - Truist Securities, Inc., Research Division
Bernard Von Gizycki - Deutsche Bank AG, Research Division
Ryan Kenny - Morgan Stanley, Research Division
Michael Rose - Raymond James & Associates, Inc., Research Division
Timur Braziler - UBS Investment Bank, Research Division
Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division
Anthony Elian - JPMorgan Chase & Co, Research Division
Christopher Marinac - Brean Capital, LLC, Research Division
Edward Najarian - Hovde Group, LLC, Research Division
David Chiaverini - Jefferies LLC, Research Division
Sun Young Lee - TD Cowen, Research Division
Presentation
Operator
Good morning, and welcome to the Pinnacle Financial Partners Third Quarter 2026 Earnings Call. [Operator Instructions] Please note this event is being recorded.
I will now turn the call over to Sam Tyagi, Senior Director, Investor Relations. Please go ahead.
Samantha W. Tyagi
Thank you, and good morning. During today's quarterly earnings call, we will reference the slides and press release that are available within the Investor Relations section of our website, pnfp.com. President and CEO, Kevin Blair will begin the call. He will be followed by our Chief Financial Officer, Jamie Gregory, and they will be available to answer your questions at the end of the call.
Our comments include forward-looking statements. These statements are subject to risks and uncertainties, and the actual results could vary materially. We will list these factors that might cause results to differ materially in our press release and in our SEC filings, which are available on our website. We do not assume any
Pinnacle Financial (PNFP - Free Report) came out with quarterly earnings of $2.69 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $2.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.07%. A quarter ago, it was expected that this regional bank operator would post earnings of $2.46 per share when it actually produced earnings of $2.5, delivering a surprise of +1.63%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Pinnacle Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $1.31 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 2.36%. This compares to year-ago revenues of $544.8 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Pinnacle Financial shares have lost about 0.1% since the beginning of the year versus the S&P 500's gain of 12.7%.
What's Next for Pinnacle Financial?While Pinnacle Financial has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Pinnacle Financial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.70 on $1.31 billion in revenues for the coming quarter and $10.20 on $5.03 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Stock Yards Bancorp (SYBT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026.
This holding company for Stock Yards Bank & Trust Co. is expected to post quarterly earnings of $1.34 per share in its upcoming report, which represents a year-over-year change of +8.9%. The consensus EPS estimate for the quarter has been revised 1.6% higher over the last 30 days to the current level.
Stock Yards Bancorp's revenues are expected to be $118.82 million, up 16.9% from the year-ago quarter.
For the quarter ended September 2026, Pinnacle Financial (PNFP - Free Report) reported revenue of $1.31 billion, up 140.8% over the same period last year. EPS came in at $2.69, compared to $2.27 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.28 billion, representing a surprise of +2.36%. The company delivered an EPS surprise of +3.07%, with the consensus EPS estimate being $2.61.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Pinnacle Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 3.4% compared to the 3.4% average estimate based on seven analysts.Efficiency Ratio: 56.6% compared to the 52.7% average estimate based on seven analysts.Annualized net loan charge-offs to avg. loans: 0.2% versus 0.2% estimated by six analysts on average.Average balances - Total interest-earning assets: $116.17 billion compared to the $116.56 billion average estimate based on five analysts.Total nonperforming assets: $450 million versus the four-analyst average estimate of $441.99 million.Nonaccrual loans: $433 million compared to the $413.04 million average estimate based on four analysts.Total Risk-Based Capital Ratio: 12.2% versus 12.1% estimated by two analysts on average.Tier 1 Capital Ratio: 10.8% compared to the 10.6% average estimate based on two analysts.Total noninterest income: $326 million versus the seven-analyst average estimate of $288.18 million.Net Interest Income: $986 million compared to the $992.86 million average estimate based on six analysts.Non-Interest Revenue- Wealth management revenue: $88 million versus $87.35 million estimated by four analysts on average.Non-Interest Revenue- Income from equity method investment: $48 million compared to the $29.47 million average estimate based on four analysts.View all Key Company Metrics for Pinnacle Financial here>>>
Shares of Pinnacle Financial have returned +0.7% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Wall Street analysts expect Pinnacle Financial (PNFP - Free Report) to post quarterly earnings of $2.61 per share in its upcoming report, which indicates a year-over-year increase of 15%. Revenues are expected to be $1.28 billion, up 135.3% from the year-ago quarter.
The current level reflects an upward revision of 0.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Pinnacle Financial metrics that are commonly monitored and projected by Wall Street analysts.
The combined assessment of analysts suggests that 'Net Interest Margin' will likely reach 3.4%. Compared to the present estimate, the company reported 3.3% in the same quarter last year.
Based on the collective assessment of analysts, 'Efficiency Ratio' should arrive at 52.7%. Compared to the present estimate, the company reported 55.6% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Average balances - Total interest-earning assets' of $116.56 billion. The estimate is in contrast to the year-ago figure of $50.08 billion.
The consensus among analysts is that 'Total nonperforming assets' will reach $441.99 million. Compared to the current estimate, the company reported $154.89 million in the same quarter of the previous year.
Analysts expect 'Nonaccrual loans' to come in at $413.04 million. Compared to the current estimate, the company reported $149.68 million in the same quarter of the previous year.
The average prediction of analysts places 'Total noninterest income' at $288.18 million. Compared to the current estimate, the company reported $147.94 million in the same quarter of the previous year.
The consensus estimate for 'Net Interest Income' stands at $992.86 million. The estimate is in contrast to the year-ago figure of $396.87 million.
View all Key Company Metrics for Pinnacle Financial here>>>
Over the past month, shares of Pinnacle Financial have returned -2.7% versus the Zacks S&P 500 composite's +0.7% change. Currently, PNFP carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Wall Street expects a year-over-year increase in earnings on higher revenues when Pinnacle Financial (PNFP - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 21, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis regional bank operator is expected to post quarterly earnings of $2.61 per share in its upcoming report, which represents a year-over-year change of +15%.
Revenues are expected to be $1.28 billion, up 135.5% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.57% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Pinnacle Financial?For Pinnacle Financial, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.03%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Pinnacle Financial will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Pinnacle Financial would post earnings of $2.46 per share when it actually produced earnings of $2.50, delivering a surprise of +1.63%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Pinnacle Financial appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Banks - Southeast industry, SouthState (SSB - Free Report) , is soon expected to post earnings of $2.39 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of -7.4%. This quarter's revenue is expected to be $690.1 million, down 1.2% from the year-ago quarter.
The consensus EPS estimate for SouthState has been revised 0.7% lower over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.14%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that SouthState will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Ausbil Investment Management Ltd boosted its position in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) by 325.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,418 shares of the company’s stock after purchasing an additional 6,439 shares during the period. Ausbil Investment Management Ltd’s holdings in Pinnacle Financial Partners were worth $788,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Pinnacle Financial Partners in the second quarter valued at $1,704,708,000. Wellington Management Group LLP grew its stake in shares of Pinnacle Financial Partners by 22.1% during the 2nd quarter. Wellington Management Group LLP now owns 11,141,397 shares of the company’s stock worth $1,123,944,000 after acquiring an additional 2,016,827 shares during the period. Dimensional Fund Advisors LP increased its holdings in Pinnacle Financial Partners by 80.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,035,295 shares of the company’s stock worth $433,712,000 after acquiring an additional 2,244,659 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Pinnacle Financial Partners in the 2nd quarter worth about $133,031,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Pinnacle Financial Partners in the 2nd quarter valued at about $117,624,000. 87.40% of the stock is owned by institutional investors.
Pinnacle Financial Partners Trading Down 3.1% Shares of PNFP opened at $93.17 on Thursday. The business’s 50-day moving average price is $100.41 and its 200-day moving average price is $97.48. Pinnacle Financial Partners, Inc. has a twelve month low of $81.08 and a twelve month high of $110.33. The stock has a market cap of $7.23 billion, a PE ratio of 12.80, a P/E/G ratio of 0.38 and a beta of 1.03. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.73.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.04. The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. On average, equities analysts forecast that Pinnacle Financial Partners, Inc. will post 10.19 EPS for the current fiscal year. Pinnacle Financial Partners Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Friday, August 7th. Pinnacle Financial Partners’s payout ratio is 27.47%.
Insider Activity In related news, CEO Kevin S. Blair purchased 2,565 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was acquired at an average price of $97.48 per share, with a total value of $250,036.20. Following the purchase, the chief executive officer directly owned 152,397 shares in the company, valued at approximately $14,855,659.56. This represents a 1.71% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider M. Turner sold 66,783 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.01, for a total value of $7,213,231.83. Following the completion of the transaction, the insider directly owned 302,230 shares in the company, valued at approximately $32,643,862.30. This represents a 18.10% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders bought 13,078 shares of company stock worth $1,299,640 and sold 177,228 shares worth $19,153,713. 1.30% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth A number of equities analysts have weighed in on the stock. Benchmark increased their target price on shares of Pinnacle Financial Partners from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Citigroup boosted their price target on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. dropped their price target on shares of Pinnacle Financial Partners from $120.00 to $115.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. Wells Fargo & Company raised shares of Pinnacle Financial Partners from an “equal weight” rating to an “overweight” rating and set a $118.00 price objective for the company in a report on Wednesday, September 30th. Finally, Piper Sandler lifted their price objective on shares of Pinnacle Financial Partners from $123.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $118.79.
View Our Latest Research Report on PNFP
(Free Report)
Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its principal subsidiary, Pinnacle Bank, the company provides full-service banking and related financial services to businesses, professionals, entrepreneurs and individuals.
Its offerings include commercial, small-business and consumer loans; checking, savings and money-market accounts; treasury and cash-management services; online and mobile banking; mortgage lending; and wealth-management, trust, investment and insurance services.
Featured Stories Five stocks we like better than Pinnacle Financial Partners Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
Pinnacle Financial Partners CEO Kevin Blair and CFO Jamie Gregory to hold fireside chat at BancAnalysts Association of Boston Conference Pinnacle Financial Partners (NYSE: PNFP) President and CEO Kevin Blair and CFO Jamie Gregory will participate in a fireside chat at the BancAnalysts Association of Boston Conference in Boston on Thursday, Nov. 5, 2026, from 2:10-2:50 p.m. ET. A webcast of this event will be available on Pinnacle's investor relations website at investors.pnfp.com. For those unable to view the live webcast, it will be archived for 90 days following the event.
About Pinnacle Financial Partners
Pinnacle Financial Partners, Inc. (“Pinnacle”) is a $129.1 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus Financial Corp. in 2026, bringing together more than 160 years of combined banking service. Pinnacle is the largest bank headquartered in Tennessee and the largest bank holding company headquartered in Georgia. The firm is No. 1 in deposit market share* in the Nashville MSA and No. 4 in the Atlanta MSA with offices in Tennessee, Georgia, Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia and Maryland.
Pinnacle is an employer of choice for financial services professionals. The firm is No. 12 in the Fortune 100 Best Companies to Work For® in 2026, its 10th consecutive appearance. Pinnacle was also recognized by American Banker as No. 4 among America’s Best Banks to Work For in 2025, its 13th consecutive year on the list, and No. 1 among banks with more than $10 billion in assets. Learn more about Pinnacle at PNFP.com.
*As of June 30, 2026, according to FDIC data.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261007429099/en/
CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs. Insider Cluster Buys: Stocks that multiple company officers and directors have bought. Double Buys: Companies that both Gurus and Insiders are buying Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back. Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
ATLANTA--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners (NYSE: PNFP) President and CEO Kevin Blair and CFO Jamie Gregory will participate in a fireside chat at the BancAnalysts Association of Boston Conference in Boston on Thursday, Nov. 5, 2026, from 2:10-2:50 p.m. ET. A webcast of this event will be available on Pinnacle's investor relations website at investors.pnfp.com. For those unable to view the live webcast, it will be archived for 90 days following the event.About Pinnacle Financial Partn.
ATLANTA--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners has landed at No. 3 on the Fortune Best Workplaces in Financial Services & Insurance™ 2026 list in the large companies category. The firm has held the No. 3 spot for the past two years. This marks the 10th consecutive year Pinnacle has earned this recognition, alongside much larger institutions Synchrony and American Express, reinforcing Pinnacle's national reputation as a magnet for top talent due to its culture and focus on the team me.
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Headquartered in Atlanta, Pinnacle Financial (PNFP - Free Report) is a Finance stock that has seen a price change of -2.04% so far this year. Currently paying a dividend of $0.50 per share, the company has a dividend yield of 2.14%. In comparison, the Banks - Southeast industry's yield is 1.97%, while the S&P 500's yield is 1.42%.
Looking at dividend growth, the company's current annualized dividend of $2.00 is up 108.3% from last year. Over the last 5 years, Pinnacle Financial has increased its dividend 3 times on a year-over-year basis for an average annual increase of 7.56%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Pinnacle Financial's current payout ratio is 21%, meaning it paid out 21% of its trailing 12-month EPS as dividend.
PNFP is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $10.18 per share, with earnings expected to increase 21.62% from the year ago period.
Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, PNFP presents a compelling investment opportunity; it's not only an attractive dividend play, but the stock also boasts a strong Zacks Rank of #2 (Buy).
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company to watch right now is Pinnacle Financial Partners (PNFP - Free Report) . PNFP is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value.
We should also highlight that PNFP has a P/B ratio of 1.16. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.82. Over the past year, PNFP's P/B has been as high as 1.64 and as low as 1.04, with a median of 1.32.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. PNFP has a P/S ratio of 1.36. This compares to its industry's average P/S of 2.38.
Finally, we should also recognize that PNFP has a P/CF ratio of 9.92. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. PNFP's P/CF compares to its industry's average P/CF of 17.60. Over the past 52 weeks, PNFP's P/CF has been as high as 17.68 and as low as 8.90, with a median of 13.08.
Value investors will likely look at more than just these metrics, but the above data helps show that Pinnacle Financial Partners is likely undervalued currently. And when considering the strength of its earnings outlook, PNFP sticks out as one of the market's strongest value stocks.
ATLANTA & NASHVILLE, Tenn.--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners (NYSE: PNFP) continued to build deposit share in key markets across the Southeast during the 12 months ending June 30, 2026, according to newly released data from the Federal Deposit Insurance Corporation. Pinnacle holds $98.2 billion in deposits in the covered MSAs within its footprint, representing 3.73% of market share. Up $6.2 billion, or 6.7%, compared to the combined firm's pro forma at the same point in 2025 No. 1 i.
ATLANTA--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners, Inc. (NYSE: PNFP) will release third quarter 2026 financial results on Wednesday, Oct. 21, 2026, after market close. President and Chief Executive Officer Kevin Blair and Chief Financial Officer Jamie Gregory will also host a live webcast on Thursday, Oct. 22, at 8 a.m. ET to review financial results, the business outlook for the firm and other matters. The third quarter 2026 earnings release will be available on Pinnacle's investor relation.
Pinnacle Financial Partners, Inc. (PNFP) Barclays 24th Annual Global Financial Services Conference September 15, 2026 11:15 AM EDT
Company Participants
Kevin Blair - President, CEO & Director
Andrew Gregory - Executive VP & CFO
Conference Call Participants
Jared David Shaw - Barclays Bank PLC, Research Division
Presentation
Jared David Shaw
Barclays Bank PLC, Research Division
Well, thanks, everybody. We're going to continue the mid-cap bank track with Pinnacle Financial Partners. We're happy to have Kevin Blair, the President and CEO with us and Jamie Gregory, the CFO. So thanks very much, guys, for joining us.
Kevin Blair
President, CEO & Director
Thanks for having us.
Question-and-Answer Session
Jared David Shaw
Barclays Bank PLC, Research Division
Maybe just starting off, we're now roughly 6 months beyond the merger close. When you think about what's gone better than expected, what's required more work than expected and what surprised you the most? How would you assess where integration stands today?
Kevin Blair
President, CEO & Director
Well, look, Jared, I go back to the questions that we received post deal announcement. And whether that was in July of last year or whether that was in -- on January 1 this year, there's a great deal of skepticism around 3 things. Number one, will we be able to continue to grow at an elevated pace. Number two, will we be able to attract and retain top talent. And number three, will the clients like this merger. And look, the skeptics are not wrong. When you look at other MOEs that have occurred in recent years, there's been a lot of challenges.
So what gets me super excited is, I think we've answered those levels of skepticism with real data points that say, yes, we not only can do it, we've actually accelerated some of the performance in those areas. Number
California State Teachers Retirement System bought a new position in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 17,700,001 shares of the company’s stock, valued at approximately $1,785,576,000. California State Teachers Retirement System owned 22.82% of Pinnacle Financial Partners at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Pinnacle Financial Partners by 122.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 16,188 shares of the company’s stock valued at $1,544,000 after acquiring an additional 8,927 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Pinnacle Financial Partners in the 2nd quarter worth approximately $4,292,000. BlackRock Inc. acquired a new position in shares of Pinnacle Financial Partners in the 2nd quarter worth approximately $1,704,708,000. Man Group plc acquired a new stake in Pinnacle Financial Partners during the 2nd quarter valued at $19,969,000. Finally, Harbor Advisors LLC acquired a new position in Pinnacle Financial Partners in the first quarter worth $1,034,000. Institutional investors own 87.40% of the company’s stock.
Pinnacle Financial Partners Price Performance PNFP stock opened at $99.40 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $7.71 billion, a PE ratio of 13.65, a P/E/G ratio of 0.40 and a beta of 1.01. The stock’s 50-day moving average price is $102.28. Pinnacle Financial Partners, Inc. has a fifty-two week low of $81.08 and a fifty-two week high of $110.33.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.46 by $0.04. The firm had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. Equities analysts expect that Pinnacle Financial Partners, Inc. will post 10.17 EPS for the current year. Pinnacle Financial Partners Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, August 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.0%. Pinnacle Financial Partners’s dividend payout ratio (DPR) is 27.47%.
Wall Street Analyst Weigh In PNFP has been the subject of a number of research reports. JPMorgan Chase & Co. lowered their target price on Pinnacle Financial Partners from $125.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. TD Cowen upped their price target on Pinnacle Financial Partners from $116.00 to $119.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Weiss Ratings upgraded Pinnacle Financial Partners from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Benchmark lifted their target price on shares of Pinnacle Financial Partners from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Truist Financial upped their target price on shares of Pinnacle Financial Partners from $115.00 to $118.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $119.39.
Get Our Latest Report on PNFP
Insider Transactions at Pinnacle Financial Partners In other Pinnacle Financial Partners news, insider Robert McCabe, Jr. purchased 10,013 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were acquired at an average cost of $99.90 per share, for a total transaction of $1,000,298.70. Following the completion of the purchase, the insider owned 324,233 shares of the company’s stock, valued at approximately $32,390,876.70. The trade was a 3.19% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider M. Turner sold 54,107 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $108.13, for a total value of $5,850,589.91. Following the completion of the sale, the insider owned 248,123 shares of the company’s stock, valued at approximately $26,829,539.99. This trade represents a 17.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders acquired 13,078 shares of company stock valued at $1,299,640 and sold 177,228 shares valued at $19,153,713. Insiders own 1.30% of the company’s stock.
Pinnacle Financial Partners Company Profile (Free Report)
Pinnacle Financial Partners, Inc is a bank holding company headquartered in Nashville, Tennessee. Through its principal subsidiary, Pinnacle Bank, the company provides financial services to businesses, professionals, entrepreneurs and individuals.
Its offerings include commercial and consumer banking, loans, deposit accounts, treasury and cash-management services, and mortgage lending. Pinnacle also provides investment advisory, wealth management, trust, insurance and other financial services through its banking platform and affiliated businesses.
Founded in 2000, Pinnacle has built a regional banking franchise focused primarily on the southeastern United States.
See Also Five stocks we like better than Pinnacle Financial Partners Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model Kroger’s Textbook Entry for Buy-and-Hold Investors AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
Kevin S. Blair, Chief Executive Officer of Pinnacle Financial Partners, Inc. (PNFP -0.97%), purchased 2,565 shares of common stock on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueShares purchased2,565Transaction value$250,000Post-transaction shares (directly held)152,397Post-transaction value$14.8 millionTransaction value based on SEC Form 4 weighted average purchase price ($97.48); post-transaction value based on September 01, 2026, market close ($97.03).
Key questionsWhat does this purchase indicate about executive sentiment?
The direct acquisition of ~$250,000 in equity by Kevin S. Blair increases his direct position to 152,397 shares, representing a 2% expansion of his prior holdings. This move suggests a deployment of personal capital into the company's regional banking platform.How does the current valuation compare to the transaction price?
Kevin S. Blair executed the purchase at $97.48 per share, while the stock was priced at $97.03 as of the Sept. 1, 2026, market close.What is the insider's total equity exposure following this trade?
Kevin S. Blair now maintains a direct equity position of 152,397 shares with a market value of $14.79 million as of the Sept. 1, 2026, market close. This direct stake constitutes his entire reported common stock holdings, as no indirect ownership through entities or trusts was disclosed in the filing.Company OverviewMetricValueShare Price (as of market close 2026-09-01)$97.03Market Capitalization$15.0 billionRevenue (TTM)$4.9 billionNet Income (TTM)$821.1 millionCompany SnapshotPinnacle Financial Partners operates as a bank holding company, offering comprehensive deposit products, including savings, checking, money market, and certificate of deposit accounts, as well as an extensive commercial and consumer lending portfolio across the United States.The company generates revenue through traditional banking operations, including net interest income from lending activities, deposit-related fees, and loan origination services, serving as a regional financial intermediary.Pinnacle Financial Partners serves commercial enterprises, small to mid-sized businesses, and retail customers seeking diversified banking solutions and credit facilities across its operating footprint.Pinnacle Financial Partners, Inc. is a regional bank holding company with $15.0 billion in market capitalization and $4.9 billion in TTM revenue, operating 8,433 employees across the United States. The company maintains a diversified business model centered on deposit gathering and lending, positioning itself as a significant regional financial services provider with a demonstrated TTM net income of $821.1 million.
What this transaction means for investorsSometimes, insider transactions are hard to read. When an insider sells shares, it could be for any number of reasons. However, when insiders purchase shares, their intent is more clear: They believe the stock is headed higher. Nevertheless, retail investors would be wise to return to fundamentals to determine whether a stock is a good fit for their portfolios. Therefore, let's have a closer look at Pinnacle Financial Partners (PNFP).
To start, let's review how PNFP stock has performed in recent years. Since 2021, the stock has generated a total return of 12%, equating to a compound annual growth rate of 2.3%. The S&P 500, meanwhile, has delivered an 82% total return, with a 12.7% CAGR. In short, PNFP has significantly underperformed the S&P 500, and, by extension, the stock market.
Premium Feature
Moneyball Superscore
72/100
Today's Change
(
-0.97
%) $
-0.98
Current Price
$
99.73
Turning to fundamentals, the vast majority look solid. Let's start with revenue, which has grown to $5.2 billion, a five-year high. The company's deposit base has also crossed over $100 billion, following the integration of Synovus Financial earlier this year. Net Interest Margin (NIM), a key measure for any regional bank, stands at 3.44%.
On the other hand, and despite its underperformance relative to the broader market, value-oriented investors may note that PFNP's current price-to-earnings (P/E) multiple stands at 13.7x, which is slightly more than some other regional banks. In other words, it could be argued that the stock is still trading at a slight premium despite its underperformance.
In summary, PFNP's fundamentals and price history paint a mixed picture. The company boasts good metrics, and insider buying from the CEO indicates that management strongly believes in the stock. However, its valuation is slightly elevated, and its past performance doesn't inspire much confidence that the stock can significantly outperform the broader market. Investors seeking exposure to a regional bank may adopt a wait-and-see approach following PFNP's acquisition of Synovus.
On CNBC’s “Halftime Report Final Trades,” Brian Belski, founder, CEO & chief investment officer at Humilis Investment Strategies, picked Pinnacle Financial Partners, Inc. (NYSE:PNFP).
Lending support to his choice, Morgan Stanley analyst Ryan Kenny on Tuesday initiated coverage of Pinnacle Financial Partners with an Overweight rating and set a price target of $137.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, named Cheniere Energy, Inc. (NYSE:LNG) as his final trade.
Supporting his view, RBC Capital analyst Elvira Scotto, on Aug. 24, maintained Cheniere Energy with an Outperform rating and raised the price target from $300 to $319.
Don’t forget to check out our premarket coverage here
Joseph M. Terranova, senior managing director for Virtus Investment Partners, said he likes Freeport-McMoRan Inc. (NYSE:FCX).
Trending
On the earnings front, Freeport-McMoRan, on July 23, reported second-quarter results that topped Wall Street expectations, as higher realized copper and gold prices and strong operational execution helped offset lower production from its Indonesian operations.
Adjusted earnings came in at 74 cents per share, beating the analyst consensus estimate of 59 cents. Revenue totaled $7.03 billion, ahead of the Street estimate of $6.76 billion.
Price Action:
Pinnacle Financial Partners shares fell 0.3% to close at $100.71 on Tuesday. Cheniere Energy shares dipped 5.5% to settle at $276.02 during the session. Freeport-McMoRan shares gained 5.4% to close at $76.62 on Tuesday. Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
ATLANTA--(BUSINESS WIRE)--Pinnacle Financial Partners (NYSE: PNFP) President and CEO Kevin Blair and CFO Jamie Gregory will participate in a fireside chat at Barclays 24th Annual Global Financial Services Conference on Tuesday, Sept. 15, 2026, at 11:15 a.m. ET in New York City. A webcast of this event will be available on Pinnacle's investor relations website at investors.pnfp.com. For those unable to view the live webcast, it will be archived for six months following the event.About Pinnacle Fi.
Bank of New York Mellon Corp bought a new stake in shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,318,701 shares of the company’s stock, valued at approximately $133,031,000. Bank of New York Mellon Corp owned 1.70% of Pinnacle Financial Partners at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new stake in shares of Pinnacle Financial Partners during the third quarter valued at about $26,000. High Point Wealth Management LLC bought a new position in shares of Pinnacle Financial Partners in the fourth quarter valued at approximately $27,000. BOKF NA grew its stake in Pinnacle Financial Partners by 1,204.5% during the third quarter. BOKF NA now owns 287 shares of the company’s stock valued at $27,000 after acquiring an additional 265 shares in the last quarter. Activest Wealth Management purchased a new position in Pinnacle Financial Partners during the fourth quarter valued at approximately $28,000. Finally, Resources Management Corp CT ADV bought a new stake in Pinnacle Financial Partners during the 1st quarter worth approximately $26,000. Hedge funds and other institutional investors own 87.40% of the company’s stock.
Pinnacle Financial Partners Stock Performance NYSE PNFP opened at $102.37 on Monday. Pinnacle Financial Partners, Inc. has a 52-week low of $81.08 and a 52-week high of $110.33. The stock’s fifty day moving average is $101.63. The company has a market cap of $7.94 billion, a P/E ratio of 14.06, a P/E/G ratio of 0.41 and a beta of 1.03. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.04. Pinnacle Financial Partners had a return on equity of 10.93% and a net margin of 15.40%.The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.24 billion. As a group, analysts forecast that Pinnacle Financial Partners, Inc. will post 10.19 EPS for the current fiscal year. Pinnacle Financial Partners Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, August 7th. This represents a $2.00 annualized dividend and a dividend yield of 2.0%. Pinnacle Financial Partners’s dividend payout ratio is 27.47%.
Insider Activity In other Pinnacle Financial Partners news, insider M Terry Turner sold 66,783 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.01, for a total value of $7,213,231.83. Following the completion of the sale, the insider owned 302,230 shares of the company’s stock, valued at $32,643,862.30. This represents a 18.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert A. Mccabe, Jr. purchased 10,013 shares of Pinnacle Financial Partners stock in a transaction on Friday, July 24th. The shares were acquired at an average price of $99.90 per share, for a total transaction of $1,000,298.70. Following the completion of the transaction, the insider directly owned 324,233 shares of the company’s stock, valued at approximately $32,390,876.70. The trade was a 3.19% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 177,228 shares of company stock worth $19,153,713 over the last quarter. Corporate insiders own 1.30% of the company’s stock.
Analysts Set New Price Targets Several research analysts have commented on PNFP shares. Piper Sandler raised their price target on shares of Pinnacle Financial Partners from $122.00 to $123.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Citigroup upped their price target on shares of Pinnacle Financial Partners from $122.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. TD Cowen increased their price objective on Pinnacle Financial Partners from $116.00 to $119.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Robert W. Baird started coverage on Pinnacle Financial Partners in a research note on Tuesday, May 19th. They set an “outperform” rating and a $115.00 price objective for the company. Finally, Benchmark upped their target price on Pinnacle Financial Partners from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.35.
Read Our Latest Stock Analysis on PNFP
(Free Report)
Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.
The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.
See Also Five stocks we like better than Pinnacle Financial Partners VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding PNFP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report).
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
Callan Family Office LLC acquired a new position in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 17,020 shares of the company’s stock, valued at approximately $1,717,000.
Several other large investors have also made changes to their positions in the business. BlackRock Inc. acquired a new stake in Pinnacle Financial Partners in the 2nd quarter valued at approximately $1,704,708,000. AQR Capital Management LLC boosted its position in shares of Pinnacle Financial Partners by 63.1% in the fourth quarter. AQR Capital Management LLC now owns 5,330,170 shares of the company’s stock valued at $508,551,000 after acquiring an additional 2,062,504 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Pinnacle Financial Partners by 80.4% in the first quarter. Dimensional Fund Advisors LP now owns 5,035,295 shares of the company’s stock valued at $433,712,000 after acquiring an additional 2,244,659 shares during the period. State Street Corp grew its stake in shares of Pinnacle Financial Partners by 5.5% in the fourth quarter. State Street Corp now owns 3,451,939 shares of the company’s stock worth $329,350,000 after acquiring an additional 179,819 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Pinnacle Financial Partners by 42.2% in the fourth quarter. Wellington Management Group LLP now owns 3,067,116 shares of the company’s stock worth $292,634,000 after acquiring an additional 910,367 shares during the last quarter. Institutional investors and hedge funds own 87.40% of the company’s stock.
Pinnacle Financial Partners Price Performance Shares of PNFP stock opened at $102.37 on Monday. Pinnacle Financial Partners, Inc. has a one year low of $81.08 and a one year high of $110.33. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.93 and a current ratio of 0.94. The business has a fifty day moving average price of $101.63. The company has a market capitalization of $7.94 billion, a PE ratio of 14.06, a P/E/G ratio of 0.41 and a beta of 1.03.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.04. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.24 billion. Equities research analysts anticipate that Pinnacle Financial Partners, Inc. will post 10.19 EPS for the current year. Pinnacle Financial Partners Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, August 7th. This represents a $2.00 dividend on an annualized basis and a yield of 2.0%. Pinnacle Financial Partners’s dividend payout ratio (DPR) is currently 27.47%.
Insider Buying and Selling In related news, insider Robert A. Mccabe, Jr. acquired 10,013 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were bought at an average cost of $99.90 per share, with a total value of $1,000,298.70. Following the completion of the acquisition, the insider owned 324,233 shares of the company’s stock, valued at $32,390,876.70. This trade represents a 3.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider M Terry Turner sold 54,107 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $108.13, for a total value of $5,850,589.91. Following the completion of the sale, the insider owned 248,123 shares in the company, valued at approximately $26,829,539.99. This represents a 17.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 177,228 shares of company stock worth $19,153,713 over the last ninety days. Company insiders own 1.30% of the company’s stock.
Wall Street Analyst Weigh In PNFP has been the subject of several research analyst reports. JPMorgan Chase & Co. cut their target price on shares of Pinnacle Financial Partners from $125.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Wall Street Zen upgraded shares of Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a report on Tuesday, May 12th. DA Davidson upped their price objective on shares of Pinnacle Financial Partners from $109.00 to $112.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Stephens set a $112.00 price objective on shares of Pinnacle Financial Partners in a research report on Monday, July 27th. Finally, Truist Financial lifted their target price on Pinnacle Financial Partners from $115.00 to $118.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $118.35.
Get Our Latest Research Report on Pinnacle Financial Partners
(Free Report)
Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.
The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.
See Also Five stocks we like better than Pinnacle Financial Partners VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
Extended relationship to feature additional NASCAR Cup Series races with Tyler Reddick and the No. 45 team
HUNTERSVILLE, N.C.--(BUSINESS WIRE)--23XI Racing announced today that Pinnacle Financial Partners has extended its relationship with the team into the future with a multi-year partnership renewal that will feature additional races with Tyler Reddick and the No. 45 team, beginning in 2027. Pinnacle will also continue to be included on the No. 45 team’s equipment and Reddick’s driver uniform. The Nashville-based firm is a leading financial services institution serving communities in nine states across the Southeast.
Pinnacle’s relationship with Reddick dates back to 2018, and the firm has been an associate partner with 23XI since 2023. Earlier this season at EchoPark Speedway in Atlanta, Reddick pulled off a thrilling come-from-behind win after sustaining heavy damage to earn the first win in the Pinnacle-branded car. The win was also Reddick’s second of his historic three consecutive wins to start the 2026 season.
Pinnacle was first featured on the No. 45 Toyota during the 2024 NASCAR Cup Series event at Nashville Superspeedway. This weekend’s race in Richmond will mark the sixth time Reddick has raced the black and blue Pinnacle-branded car in the Cup Series. Through the partnership extension, the Pinnacle-branded car will be featured at additional races throughout the 2027 season.
In addition to showcasing Pinnacle on the car, the partnership has also led to a collaboration with The Academy of Country Music and the ACM Awards being featured on Reddick’s car for the NASCAR All Star Race at Dover Motor Speedway. The collaboration extended across the country to the awards show, where future full-time 23XI driver Corey Heim attended several events and debuted the ACM Awards car alongside Country powerhouse Kameron Marlow at “ACM’s Next Wave: Country’s Beach Bash.”
The ACM Awards collaboration with 23XI and Pinnacle highlighted how the partnership is focused on unique activations both at the track and beyond. In addition to the partnership with 23XI and Reddick, Pinnacle is also partnered with pro golfer Russell Henley and serves as the official bank for the PGA TOUR’s Cadillac Championship, Memphis Grizzlies, Tennessee Titans and The Pinnacle, a state-of-the-art premier live music venue located in the heart of Nashville Yards.
“We’re pleased to extend our relationship with Pinnacle and look forward to continued growth with them as their brand expands as well,” said 23XI team president Steve Lauletta. “The Pinnacle partnership has been a great example of working together to create unique activations that are elevating both brands.”
“Pinnacle has been such a great partner with me and my family and the race team at 23XI,” said Tyler Reddick, driver of the No. 45 Toyota Camry XSE. “The group at Pinnacle is like family and it was really special for me to get a win in their car earlier this year. I can’t wait to share more memorable moments with them in the future.”
“We’ve had the opportunity to grow alongside Tyler for years and this renewal reflects the trust that’s been built over time,” said Andy Moats, Pinnacle’s director of music, sports, and entertainment. “Continuing our relationship with 23XI gives us another opportunity to support him while introducing more people to the way we build lasting relationships with our clients and communities.”
About Pinnacle Financial Partners
Pinnacle Financial Partners, Inc. (“Pinnacle”) is a $129.1 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus Financial Corp. in 2026, bringing together more than 160 years of combined banking service. Pinnacle is the largest bank headquartered in Tennessee and the largest bank holding company headquartered in Georgia. The firm is No. 1 in deposit market share* in the Nashville MSA and No. 4 in the Atlanta MSA with offices in Tennessee, Georgia, Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia and Maryland.
Pinnacle is an employer of choice for financial services professionals. The firm is No. 12 in the Fortune 100 Best Companies to Work For® in 2026, its 10th consecutive appearance. Pinnacle was also recognized by American Banker as No. 4 among America’s Best Banks to Work For in 2025, its 13th consecutive year on the list, and No. 1 among banks with more than $10 billion in assets. Learn more about Pinnacle at PNFP.com.
*As of June 30, 2025, according to FDIC data.
About 23XI Racing
23XI Racing – pronounced twenty-three eleven – was founded by NBA legend Michael Jordan and three-time Daytona 500 winner Denny Hamlin in 2020. With rising NASCAR star Bubba Wallace selected to drive the No. 23 Toyota Camry, the team made its NASCAR Cup Series debut in the 2021 Daytona 500 at Daytona International Speedway. Wallace made history on October 4, 2021, when he captured his first career Cup Series win, becoming just the second African American to win in the Cup Series, and earning 23XI its first-ever victory. 23XI expanded to a two-car organization in 2022 with Cup Series Champion Kurt Busch driving the No. 45 Toyota Camry. With a win at Kansas Speedway in May of 2022, Busch earned 23XI the team’s first-ever playoff berth. In 2024, Tyler Reddick won the Regular Season Championship and raced to a spot in the Championship 4, a first for both the team and Reddick. 23XI currently features the lineup of Bubba Wallace in the No. 23 Toyota Camry XSE, Tyler Reddick in the No. 45 Toyota Camry XSE, Riley Herbst in the No. 35 Toyota Camry XSE and Corey Heim as the team’s development driver. The team operates out of Airspeed, a state-of-the-art facility in Huntersville, N.C. that opened in January of 2024.
Bank of America Corp DE lowered its position in shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) by 5.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 728,066 shares of the company’s stock after selling 45,034 shares during the quarter. Bank of America Corp DE owned 0.94% of Pinnacle Financial Partners worth $62,716,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in PNFP. Brown Brothers Harriman & Co. acquired a new stake in Pinnacle Financial Partners in the 3rd quarter valued at $26,000. Resources Management Corp CT ADV acquired a new stake in shares of Pinnacle Financial Partners in the 1st quarter valued at approximately $26,000. BOKF NA boosted its holdings in shares of Pinnacle Financial Partners by 1,204.5% in the 3rd quarter. BOKF NA now owns 287 shares of the company’s stock valued at $27,000 after buying an additional 265 shares during the last quarter. High Point Wealth Management LLC bought a new position in shares of Pinnacle Financial Partners in the fourth quarter valued at $27,000. Finally, Activest Wealth Management acquired a new position in Pinnacle Financial Partners during the fourth quarter worth $28,000. 87.40% of the stock is owned by institutional investors.
Insider Transactions at Pinnacle Financial Partners In other news, insider Robert A. Mccabe, Jr. bought 10,013 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was acquired at an average price of $99.90 per share, with a total value of $1,000,298.70. Following the completion of the purchase, the insider directly owned 324,233 shares of the company’s stock, valued at approximately $32,390,876.70. This represents a 3.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, insider M Terry Turner sold 2,737 shares of Pinnacle Financial Partners stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $108.01, for a total value of $295,623.37. Following the completion of the transaction, the insider directly owned 422,614 shares of the company’s stock, valued at approximately $45,646,538.14. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.30% of the company’s stock.
Pinnacle Financial Partners Price Performance Shares of Pinnacle Financial Partners stock opened at $104.56 on Tuesday. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 14.36, a P/E/G ratio of 0.42 and a beta of 1.03. Pinnacle Financial Partners, Inc. has a fifty-two week low of $81.08 and a fifty-two week high of $110.33. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93. The company has a 50 day moving average of $99.87.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.04. Pinnacle Financial Partners had a return on equity of 10.93% and a net margin of 15.40%.The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.24 billion. On average, analysts expect that Pinnacle Financial Partners, Inc. will post 10.19 earnings per share for the current year.
Pinnacle Financial Partners Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. Pinnacle Financial Partners’s payout ratio is currently 27.47%.
Analyst Upgrades and Downgrades PNFP has been the topic of a number of research analyst reports. DA Davidson upped their target price on shares of Pinnacle Financial Partners from $109.00 to $112.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Wall Street Zen raised shares of Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Robert W. Baird began coverage on Pinnacle Financial Partners in a research note on Tuesday, May 19th. They issued an “outperform” rating and a $115.00 price target for the company. Benchmark raised their target price on shares of Pinnacle Financial Partners from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Wells Fargo & Company boosted their target price on shares of Pinnacle Financial Partners from $111.00 to $118.00 and gave the company an “equal weight” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $118.35.
Read Our Latest Stock Analysis on Pinnacle Financial Partners
Pinnacle Financial Partners Profile (Free Report)
Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.
The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.
See Also Five stocks we like better than Pinnacle Financial Partners SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington Want to see what other hedge funds are holding PNFP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report).
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEHead-To-Head Review: Weyco Group (NASDAQ:WEYS) & Puma (OTCMKTS:PMMAF)
NEXT HEADLINE »Head to Head Analysis: Frontdoor (NASDAQ:FTDR) versus Nintendo (OTCMKTS:NTDOY)
Cetera Investment Advisers bought a new position in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 27,935 shares of the company’s stock, valued at approximately $2,406,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in Pinnacle Financial Partners during the third quarter valued at $26,000. High Point Wealth Management LLC bought a new position in shares of Pinnacle Financial Partners in the 4th quarter worth about $27,000. BOKF NA lifted its position in Pinnacle Financial Partners by 1,204.5% during the 3rd quarter. BOKF NA now owns 287 shares of the company’s stock valued at $27,000 after acquiring an additional 265 shares during the period. Activest Wealth Management bought a new stake in Pinnacle Financial Partners during the fourth quarter worth about $28,000. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in Pinnacle Financial Partners by 97.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 350 shares of the company’s stock worth $30,000 after purchasing an additional 173 shares during the period. Hedge funds and other institutional investors own 87.40% of the company’s stock.
Pinnacle Financial Partners Stock Down 1.6% PNFP opened at $104.75 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93. The firm’s 50 day moving average is $99.69. Pinnacle Financial Partners, Inc. has a twelve month low of $81.08 and a twelve month high of $110.33. The stock has a market capitalization of $8.13 billion, a PE ratio of 14.39, a price-to-earnings-growth ratio of 0.42 and a beta of 1.03.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.46 by $0.04. Pinnacle Financial Partners had a net margin of 15.40% and a return on equity of 10.93%. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.24 billion. As a group, analysts expect that Pinnacle Financial Partners, Inc. will post 10.19 earnings per share for the current year.
Pinnacle Financial Partners Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, August 7th. Pinnacle Financial Partners’s dividend payout ratio is 27.47%.
Analysts Set New Price Targets Several equities analysts have recently issued reports on the stock. Evercore reiterated an “outperform” rating and set a $120.00 target price on shares of Pinnacle Financial Partners in a report on Monday, July 6th. JPMorgan Chase & Co. reduced their price objective on Pinnacle Financial Partners from $125.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Citigroup lifted their price objective on Pinnacle Financial Partners from $122.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Robert W. Baird assumed coverage on Pinnacle Financial Partners in a report on Tuesday, May 19th. They issued an “outperform” rating and a $115.00 target price on the stock. Finally, Wall Street Zen upgraded shares of Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $117.29.
Get Our Latest Stock Analysis on PNFP
Insider Buying and Selling In other news, insider Robert A. Mccabe, Jr. bought 10,013 shares of the stock in a transaction on Friday, July 24th. The shares were bought at an average price of $99.90 per share, with a total value of $1,000,298.70. Following the completion of the acquisition, the insider owned 324,233 shares in the company, valued at $32,390,876.70. The trade was a 3.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.
Pinnacle Financial Partners Profile (Free Report)
Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.
The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.
Further Reading Five stocks we like better than Pinnacle Financial Partners Quantum Earnings Week: Winners and Losers Are Finally Emerging Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEHarmony Gold Mining (NYSE:HMY) Shares Gap Up – What’s Next?
NEXT HEADLINE »Phreesia (NYSE:PHR) Shares Gap Up – Here’s Why
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners (NYSE: PNFP) announced today that founder Rob McCabe will remain as a director and as chief banking officer through Dec. 31, 2027, one year longer than previously planned. Following that term, McCabe will serve as a consultant for two years. McCabe helped found Pinnacle in 2000, served as its chairman for 25 years and played a central role in developing the firm's distinctive banking model, which has produced industry-leading growth.
ATLANTA--(BUSINESS WIRE)---- $PNFP--The board of directors of Pinnacle Financial Partners, Inc. (NYSE: PNFP) approved the following dividends for holders of common and preferred stock: $0.50 per share on the firm's common stock, payable on August 28, 2026, to shareholders of record as of August 7, 2026. $0.46579 per share on the firm's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on September 21, 2026, to shareholders of record as of September 15, 2026. $0.52481 per.
Robert A. McCabe, Jr., the Chief Banking Officer of Pinnacle Financial Partners, Inc. (PNFP +2.73%), executed a direct purchase of 10,013 shares on July 24, 2026, according to a SEC Form 4 filing.
Today's Change
(
2.73
%) $
2.72
Current Price
$
102.53
Transaction summaryMetricValueTransaction value~$1.0 millionShares purchased (directly held)10,013Post-transaction shares (directly held)~324,000Post-transaction value~$32.4 millionTransaction value based on SEC Form 4 weighted average purchase price ($99.90); post-transaction value based on McCabe’s purchase price.
Key questionsHow does this purchase align with the insider's current equity exposure?
Following this transaction, Robert A. McCabe, Jr., holds ~324,000 shares directly, representing a 0.21% ownership stake in the company. The ~$1.0 million capital allocation reflects a 3% expansion of his direct holdings at an execution price of $99.90 per share.What was the market context on the date of the transaction?
The shares were purchased on July 24, 2026, a day the stock opened at $99.62. After closing at $99.81 on July 23, the company's shares had delivered a one-year total return of -5% through the transaction date.Were there specific details regarding the execution of the trade?
The acquisition involved multiple transactions at prices ranging from $99.67 to $100. Based on the average share price of the transaction, the total value of the insider's direct equity position is estimated at ~$32.4 million.Company OverviewMetricValueShare Price (as of market close 2026-07-23)$99.81Market Capitalization$15.1 billionRevenue (TTM)$4.9 billionNet Income (TTM)$821.1 millionCompany SnapshotPinnacle Financial Partners operates as a bank holding company providing comprehensive deposit products including savings accounts, checking accounts, money market accounts, and certificates of deposit, alongside an extensive lending portfolio encompassing commercial loans and other credit facilities across the United States.The company generates revenue through traditional banking operations including net interest income from its lending and deposit activities, as well as fee-based services derived from its diversified financial solutions and banking products.Pinnacle Financial Partners serves a broad customer base including commercial enterprises, small to mid-sized businesses, and retail customers seeking comprehensive banking and financial services throughout its operating markets.Pinnacle Financial Partners is a significant regional bank holding company with $15.1 billion in market capitalization and $4.9 billion in trailing twelve-month (TTM) revenue, operating through its subsidiary Pinnacle Bank to deliver integrated banking solutions across the United States. The company maintains a diversified business model centered on traditional net interest income generation combined with fee-based revenue streams, positioning it competitively within the regional banking sector. With 8,389 employees and a strong capital base, Pinnacle demonstrates scale and operational depth in serving commercial and retail customers across its geographic footprint.
What this transaction means for investorsThere are many reasons an insider may sell shares, from the need to pay a large personal expense to an unstated belief that the share price will decline long-term.
There is only one reason an insider buys stock: they believe the share price is going to rise.
By that rule of thumb, McCabe’s purchase of $1 million worth of Pinnacle Financial Partners stock is bullish. Studies show that insider buying more often than not predicts that the share price will be higher in 30 days from the transaction.
Business-wise, Pinnacle reported a good second quarter of its fiscal 2026 the day before McCabe’s purchase, with revenue of more than $1.2 billion and net income of $313 million, better than analysts’ consensus. Bank management believes that its focus on relationship banking insulates it from having to compete on price (that is, the interest rate it pays on deposits) in the highly competitive Southeast U.S. banking market. The company also believes it can steadily increase returns to shareholders by consistently growing deposits and loans faster than its expenses rise.
As the chairman and founder of Pinnacle, McCabe knows the business inside and out. That he is buying is a tangible vote of faith in the business. Bolstered by strong financial results, investors may want to consider the news a potential reason to buy.
Brendan Coffey has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PNFP over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
ATLANTA--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners (NYSE: PNFP) added 74 experienced revenue-producing team members during the second quarter of 2026, bringing its year-to-date total to 124 against a goal of 225-250 for the year. This success is another milestone as the firm continues to execute its long-standing growth strategy following its merger with Synovus Financial Corp. in January. These new team members average approximately 20 years of financial services experience and are nearly e.
Pinnacle Financial Partners NYSE: PNFP reported stronger second-quarter 2026 earnings and balance sheet growth, with management saying the bank remains on track with its full-year financial outlook while continuing to integrate its recent combination.
President and CEO Kevin Blair said the company reported diluted earnings per share of $2.07 and adjusted diluted EPS of $2.50, excluding $82 million of pre-tax adjusted items. Year-to-date adjusted EPS rose 26% from the same period last year, according to Blair.
Get PNFP alerts:
“This quarter is another proof point of that focus,” Blair said, pointing to growth in loans, deposits, fee income, credit performance and hiring. He said the company is maintaining its 2026 guidance, with year-to-date performance giving management “added conviction” in its outlook.
Loan Growth Exceeds Expectations, Deposits Rise Despite Seasonal Headwinds Pinnacle said loans increased $2.9 billion from the prior quarter, ahead of management’s expectations. Chief Financial Officer Jamie Gregory said period-end loans grew 14% annualized from the first quarter, with most of the growth coming from commercial and industrial lending. He described the growth as broad-based across geographic markets and supported by specialty lending platforms.
Deposits increased $795 million from the first quarter. Gregory said the quarter included typical seasonal headwinds from tax payments and public fund outflows, which tend to reverse in the second half of the year. Excluding the decline in public funds, core deposits grew $963 million, or 1%, in the quarter.
Blair said loan growth is tracking at the top end of the company’s full-year 9% to 11% guidance range, while deposit growth is tracking near the middle of its 8% to 10% range.
During the question-and-answer session, Gregory said the company expects strong deposit growth in the second half, helped by seasonal factors that could contribute $1.5 billion to $2 billion. He also said deposit production has exceeded $1 billion every month this year.
Net Interest Income Rises as Margin Compresses Net interest income was $956 million, up 2% from the first quarter, or 10% annualized, Gregory said. The increase reflected growth in earning assets, which rose 4% from the prior quarter.
Net interest margin was 3.44%, down 9 basis points from the first quarter, or roughly 6 basis points excluding non-recurring items in the prior period. Gregory cited a modest decline in loan yields, lower SOFR rates during the quarter and higher-cost funding tied to seasonal deposit trends as headwinds.
Pinnacle now expects full-year net interest margin in a range of 3.44% to 3.47%, while Blair said the company continues to expect revenue within its previous outlook and now sees full-year revenue trending toward $5.05 billion to $5.1 billion.
In response to analyst questions about margin pressure, Gregory said management still expects high single-digit net interest income growth over time, supported by loan growth and limited incremental expense tied to that growth. Blair added that the company is not seeing a “NIM that’s in free fall,” but rather one that is moderating while still supporting revenue growth.
Fee Income Mixed, Core Client Businesses Grow Adjusted non-interest revenue declined $12 million from the first quarter, largely due to lower income from BHG. Gregory said income from the company’s equity method investment in BHG totaled $24 million in the second quarter, in line with expectations as BHG shifts its loan placement strategy.
Gregory said core client income streams remained strong, with core banking, wealth management and capital markets all producing linked-quarter and year-over-year growth. Core banking and capital markets fees each increased 3% from the first quarter.
Asked about fee income expectations for the second half of the year, Gregory said the company expects continued growth across the board, with larger quarter-to-quarter increases likely from core banking fees and wealth management. He also said capital markets has “very strong momentum.”
Blair said the company remains on track to recognize about $20 million of revenue synergies in 2026, with roughly half achieved through June. He said most of the year-to-date revenue synergies have come from capital markets, including syndication capabilities, foreign exchange, hedging and equipment finance.
Credit Quality Remains Stable, Capital Builds Management characterized credit quality as a strength. Net charge-offs were $48 million, or 22 basis points, consistent with expectations. The non-performing asset ratio improved to 0.50% from 0.58% in the first quarter.
The allowance for credit losses ended the quarter at 1.17%, compared with 1.19% at the end of March. Blair said the reserve on new production is coming in lower than the overall portfolio, reflecting the mix of new assets rather than a shift toward lower standards.
Pinnacle’s preliminary common equity Tier 1 ratio rose 12 basis points from the first quarter to 9.93%. Gregory said the company’s priority is to deploy capital into “high return, client-driven growth” while moving toward a CET1 target of 10.25%.
Asked whether the company still expects to reach that target by year-end, Gregory said it depends on the pace of loan growth in the second half. He said Pinnacle generates about 30 basis points of capital each quarter before risk-weighted asset growth, with loan growth consuming a portion of that amount.
Hiring Momentum Continues During Integration Blair highlighted continued hiring as a key part of Pinnacle’s growth model. The company added 74 experienced revenue producers during the quarter, up 48% from the first quarter and up 14% from the combined firm’s second quarter of 2025. Blair said another 34 producers had already started or accepted offers in the first half of July.
Year-to-date, Pinnacle has added 124 producers, approximately half from what management considers core Synovus markets. Blair said retention, excluding merger-related synergies, was 94% year-to-date.
Blair said the competitive environment continues to favor Pinnacle, citing larger competitors’ bureaucracy and slower decision-making. He also referenced Coalition Greenwich data that placed Pinnacle first among peers in business momentum, measured by the net percentage of clients planning to do more business with the bank versus less.
“Strategy is a plan. Execution is a result,” Blair said. “We are six months in, and the results are doing the talking.”
For the remainder of 2026, Pinnacle expects adjusted expenses in the middle of its $2.675 billion to $2.775 billion guidance range. Blair said expenses are expected to increase from the first half due to revenue producer hiring, market expansion, third-party partnership revenue expenses and normal inflationary and growth-related costs.
Blair closed the call by saying the company is executing on the plan it laid out at the time of the combination. “We have real runway ahead, and it involves taking share one quarter, one client, and one banker at a time,” he said.
About Pinnacle Financial Partners (NYSE:PNFP)Pinnacle Financial Partners NYSE: PNFP is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.
The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Pinnacle Financial Partners Right Now?Before you consider Pinnacle Financial Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pinnacle Financial Partners wasn't on the list.
While Pinnacle Financial Partners currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Pinnacle Financial (PNFP - Free Report) reported $1.23 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 144%. EPS of $2.50 for the same period compares to $2.00 a year ago.
The reported revenue represents a surprise of +0.45% over the Zacks Consensus Estimate of $1.23 billion. With the consensus EPS estimate being $2.46, the EPS surprise was +1.63%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pinnacle Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 3.4% versus the four-analyst average estimate of 3.5%.Average balances - Total interest-earning assets: $112.67 billion compared to the $111.82 billion average estimate based on three analysts.Nonaccrual loans: $415 million versus $468.37 million estimated by three analysts on average.Annualized net loan charge-offs to avg. loans: 0.2% versus 0.2% estimated by three analysts on average.Total nonperforming assets: $444 million versus the three-analyst average estimate of $500.84 million.Net Interest Income: $956 million versus $965.58 million estimated by four analysts on average.Total noninterest income: $247 million compared to the $263.11 million average estimate based on four analysts.Non-Interest Revenue- Income from equity method investment: $24 million compared to the $24.03 million average estimate based on two analysts.Non-Interest Revenue- Capital markets income: $18 million versus the two-analyst average estimate of $14.97 million.Non-Interest Revenue- Income from bank-owned life insurance: $19 million versus $19.9 million estimated by two analysts on average.Non-Interest Revenue- Other non-interest income: $28 million compared to the $26.82 million average estimate based on two analysts.Non-Interest Revenue- Wealth management revenue: $85 million versus $86.1 million estimated by two analysts on average.View all Key Company Metrics for Pinnacle Financial here>>>
Shares of Pinnacle Financial have returned +0.8% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Pinnacle Financial (PNFP - Free Report) came out with quarterly earnings of $2.5 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.63%. A quarter ago, it was expected that this regional bank operator would post earnings of $2.3 per share when it actually produced earnings of $2.39, delivering a surprise of +3.91%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Pinnacle Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $1.23 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.45%. This compares to year-ago revenues of $504.99 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Pinnacle Financial shares have added about 1.5% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for Pinnacle Financial?While Pinnacle Financial has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Pinnacle Financial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.63 on $1.27 billion in revenues for the coming quarter and $10.18 on $5.01 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Customers Bancorp (CUBI - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 23.
This bank holding company is expected to post quarterly earnings of $2.00 per share in its upcoming report, which represents a year-over-year change of +11.1%. The consensus EPS estimate for the quarter has been revised 3.6% lower over the last 30 days to the current level.
Customers Bancorp's revenues are expected to be $229.77 million, up 11.4% from the year-ago quarter.
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Based in Atlanta, Pinnacle Financial (PNFP - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 1.45%. The regional bank operator is currently shelling out a dividend of $0.50 per share, with a dividend yield of 2.07%. This compares to the Banks - Southeast industry's yield of 1.93% and the S&P 500's yield of 1.35%.
Looking at dividend growth, the company's current annualized dividend of $2.00 is up 108.3% from last year. Over the last 5 years, Pinnacle Financial has increased its dividend 3 times on a year-over-year basis for an average annual increase of 7.56%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Pinnacle Financial's current payout ratio is 22%, meaning it paid out 22% of its trailing 12-month EPS as dividend.
Earnings growth looks solid for PNFP for this fiscal year. The Zacks Consensus Estimate for 2026 is $10.18 per share, which represents a year-over-year growth rate of 21.62%.
From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. However, not all companies offer a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, PNFP is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Pinnacle Financial (PNFP - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 22. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis regional bank operator is expected to post quarterly earnings of $2.46 per share in its upcoming report, which represents a year-over-year change of +23%.
Revenues are expected to be $1.23 billion, up 142.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Pinnacle Financial?For Pinnacle Financial, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.14%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Pinnacle Financial will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Pinnacle Financial would post earnings of $2.3 per share when it actually produced earnings of $2.39, delivering a surprise of +3.91%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Pinnacle Financial appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Based in Atlanta, Pinnacle Financial (PNFP - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 4.29%. The regional bank operator is paying out a dividend of $0.50 per share at the moment, with a dividend yield of 2.01% compared to the Banks - Southeast industry's yield of 1.94% and the S&P 500's yield of 1.38%.
Looking at dividend growth, the company's current annualized dividend of $2.00 is up 108.3% from last year. Over the last 5 years, Pinnacle Financial has increased its dividend 3 times on a year-over-year basis for an average annual increase of 7.56%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Pinnacle Financial's current payout ratio is 22%, meaning it paid out 22% of its trailing 12-month EPS as dividend.
Earnings growth looks solid for PNFP for this fiscal year. The Zacks Consensus Estimate for 2026 is $10.23 per share, with earnings expected to increase 22.22% from the year ago period.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, PNFP is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Experienced leader introduces Pinnacle brand to Orlando during Synovus merger transition
ORLANDO, Fla.--(BUSINESS WIRE)--Pinnacle Financial Partners, which merged with Synovus Bank earlier this year, named Michael McClanahan as Orlando regional president, effective June 29.
McClanahan’s role is instrumental in building the Pinnacle brand and growing its market share in communities long served by Synovus, further strengthening the firm’s presence in Central Florida as it continues its merger transition.
With more than 40 years of Orlando-based banking leadership experience, McClanahan will mentor and build a local team focused on delivering relationship-driven financial services to companies, entrepreneurs, individuals and families across Central Florida.
“Mike has spent his career in this market, building trust with clients who expect clear guidance and consistent follow-through,” said Scott Keith, Pinnacle’s state head of Greater Florida. “He knows how to grow a bank, and he’s done it by putting experienced people around the table and staying close to clients. His exceptional leadership will translate directly into better outcomes for the people we serve.”
In Central Florida and the Orlando area, McClanahan will lead more than 100 team members in the firm’s 10 offices, including nine full-service locations. Synovus first entered the Orlando market in 2008.
“Pinnacle has built a reputation for putting experienced bankers in a position to really take care of clients, and that’s what drew me here,” McClanahan said. “I’ve spent my career in Orlando, and as the region continues to grow and become more complex, clients need a partner who can keep up with that. We have tremendous opportunity to build something meaningful by bringing together local knowledge, strong relationships and a team that knows how to deliver when it matters.”
Before joining Pinnacle, McClanahan served as Central Florida market president at BankUnited, where he led teams and built long-standing client relationships for more than a decade. Prior to that, he served as an executive vice president at CNLBank and as founder, president and CEO of Orange Bank of Florida, giving him experience across commercial banking, strategic planning and growth leadership. McClanahan earned a bachelor’s degree in finance from Florida State University and has remained active in the Central Florida business community throughout his career.
McClanahan’s addition reflects the firm’s continued focus on attracting top talent with the experience and relationships to support long-term growth for clients and shareholders. His long-standing ties in Orlando position him to bring both experienced bankers and their established client relationships to Pinnacle as the firm expands in the region.
With McClanahan’s leadership and an experienced team already in place, Pinnacle is in a strong position to build deeper relationships and serve clients across one of the state’s most dynamic regions. Orlando continues to be one of Florida’s strongest growth markets as more people and businesses choose Central Florida. That growth creates real opportunity for Pinnacle, especially as clients look for a banking partner that knows the local community and can bring more resources to the table as their needs change.
Pinnacle’s merger with Synovus, which closed in January 2026, brought together two relationship-focused financial firms with a shared commitment to serving clients and communities across the Southeast. The transition to the Pinnacle brand in Orlando and Florida will continue through the first quarter of 2027 as the integration is completed.
About Pinnacle Financial Partners
Pinnacle Financial Partners, Inc. (“Pinnacle”) is a $123 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus Financial Corp. in 2026, bringing together more than 160 years of combined banking service. Pinnacle is the largest bank headquartered in Tennessee and the largest bank holding company headquartered in Georgia. The firm is No. 1 in deposit market share* in the Nashville MSA and No. 4 in the Atlanta MSA with offices in Tennessee, Georgia, Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia and Maryland.
Pinnacle is an employer of choice for financial services professionals. The firm is No. 12 in the Fortune 100 Best Companies to Work For® in 2026, its 10th consecutive appearance. Pinnacle was also recognized by American Banker as No. 4 among America’s Best Banks to Work For in 2025, its 13th consecutive year on the list, and No. 1 among banks with more than $10 billion in assets. Learn more about Pinnacle at PNFP.com.
The 165,000-square-foot lease marks major momentum for the Class-A office tower as Pinnacle stakes a claim in the heart of Midtown
ATLANTA--(BUSINESS WIRE)--Portman and Perform Properties today announced Pinnacle Financial Partners (NYSE: PNFP) will establish its corporate headquarters at Ten Twenty Spring, the 525,000-square-foot, Class-A office tower within the Spring Quarter mixed-use district in Midtown Atlanta. Pinnacle will occupy 165,000 square feet of premier office space at Ten Twenty Spring and bring an estimated 400 team members to the building. Pinnacle’s bank headquarters remain in downtown Nashville, Tenn.
We are serious about being Atlanta’s bank, and our presence at Ten Twenty Spring will anchor our expanding presence in the gateways to the South. When you see our sign soaring over the Downtown Connector, it will be clear that Pinnacle is here to lead.
Share Having merged with Synovus at the start of 2026, Pinnacle provides a full range of banking, investment, trust, mortgage and insurance services to businesses and individuals. Ten Twenty Spring will serve as Pinnacle’s corporate headquarters, bringing Atlanta-based senior and executive leadership together while supporting future expansion. The space spans five full floors, and the top of the tower will feature prominent Pinnacle signage with high visibility from the Downtown Connector, one of the busiest sections of interstate in the country. Pinnacle’s move-in is planned for the second half of 2027. Stream Realty handles office leasing for Ten Twenty Spring on behalf of ownership. Pinnacle was represented by CBRE.
“We’re planting the flag for our new corporate headquarters in a building and neighborhood that match the energy we feel about our future and our opportunity for growth in Atlanta,” said Pinnacle Financial Partners’ President and CEO Kevin Blair. “We are serious about being Atlanta’s bank, and our presence at Ten Twenty Spring, along with our bank headquarters in Nashville, will anchor our expanding presence in the gateways to the South. When you see our sign soaring over the Downtown Connector, it will be clear that Pinnacle is here to lead.”
Pinnacle’s new corporate headquarters and Midtown office will expand upon its existing Atlanta footprint, with 46 locations in the greater Atlanta area. In addition to the office space, Pinnacle is exploring nearby spaces for a retail location on the ground floor.
Located along one of Midtown’s most active corridors, Ten Twenty Spring offers expansive floor plates exceeding 32,000 square feet, floor-to-ceiling windows, private terraces and more than 25,000 square feet of outdoor space. The building is designed to foster collaboration and connectivity, with amenities including a coworking lounge and direct access to Spring Quarter’s walkable greenspaces and public gathering areas. Pinnacle’s announcement comes on the heels of strong leasing momentum at Ten Twenty Spring, as Ernst & Young and Reed Smith committed relocations to the tower last year.
“Companies are prioritizing office space that inspires collaboration, supports a modern workforce and is seamlessly integrated with a highly amenitized environment,” said Travis Garland, Chief Development Officer at Portman. “Ten Twenty Spring is the most comprehensive office opportunity in the market, and Pinnacle’s lease is a testament to the vibrant mixed-use experience at Spring Quarter.”
In addition to the office tower, Spring Quarter features a curated mix of chef-driven dining concepts, including Celestia, a rooftop cocktail bar and lounge; Sozou, a modern Japanese dining experience crafted by acclaimed chef Fuyuhiko Ito; ISHIN by Ito, an intimate omakase experience; Habaneros, a contemporary Mexican concept; and Pataaka, a high-end Indian restaurant. The campus is anchored by Sora, a 370-unit luxury residential tower. At the heart of the mixed-use campus is the historic Patterson House, which is being preserved and reimagined into a 24,000-square-foot retail and dining destination.
To learn more about Spring Quarter, visit springquarter.com.
About Pinnacle Financial Partners
Pinnacle Financial Partners, Inc. (“Pinnacle”) is a $123 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus Financial Corp. in 2026, bringing together more than 160 years of combined banking service. Pinnacle is the largest bank headquartered in Tennessee and the largest bank holding company headquartered in Georgia. The firm is No. 1 in deposit market share* in the Nashville MSA and No. 4 in the Atlanta MSA with offices in Tennessee, Georgia, Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia and Maryland.
Pinnacle is an employer of choice for financial services professionals. The firm is No. 12 in the Fortune 100 Best Companies to Work For® in 2026, its 10th consecutive appearance. Pinnacle was also recognized by American Banker as No. 4 among America’s Best Banks to Work For in 2025, its 13th consecutive year on the list, and No. 1 among banks with more than $10 billion in assets. Learn more about Pinnacle at PNFP.com.
*As of June 30, 2025, according to FDIC data.
About Portman:
Portman Holdings, LLC is a real estate development company with a rich history of developing premier projects that span five decades and three continents. The company was founded by famed architect and developer John C. Portman Jr., who originally pioneered the concept of the architect as a developer and created a global legacy of large-scale mixed-use developments.
The company is now led by Chairman and CEO Ambrish Baisiwala and President John Portman IV. Today, Portman Holdings' multi-faceted expertise sets the standard of excellence for developing office, residential, industrial, hospitality, and retail mixed-use complexes and stand-alone developments nationally across the USA. Learn more at portmanholdings.com
About Perform Properties
Perform Properties is a Blackstone Real Estate portfolio company focused on high-performing retail and office properties with People-Appeal – vibrant spaces where people actively choose to work, shop, and gather. With expertise in transactions, development, leasing, and management, the company oversees approximately 30 million square feet of retail and office properties across the U.S. Learn more: performproperties.com.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) and Park National (NYSE:PRK – Get Free Report) are both mid-cap financial services companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, risk, institutional ownership and dividends.
Risk and Volatility Pinnacle Financial Partners has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.Comparatively, Park National has a beta of 0.72, meaning that its share price is 28% less volatile than the S&P 500.
Profitability This table compares Pinnacle Financial Partners and Park National’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Pinnacle Financial Partners 19.41% 10.10% 1.19% Park National 23.46% 12.31% 1.50% Valuation & Earnings This table compares Pinnacle Financial Partners and Park National”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Pinnacle Financial Partners $3.32 billion 2.05 $641.86 million $8.09 10.83 Park National $557.19 million 5.29 $151.42 million $11.12 14.67 Pinnacle Financial Partners has higher revenue and earnings than Park National. Pinnacle Financial Partners is trading at a lower price-to-earnings ratio than Park National, indicating that it is currently the more affordable of the two stocks.
Institutional and Insider Ownership 87.4% of Pinnacle Financial Partners shares are held by institutional investors. Comparatively, 62.7% of Park National shares are held by institutional investors. 1.5% of Pinnacle Financial Partners shares are held by company insiders. Comparatively, 2.2% of Park National shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Dividends Pinnacle Financial Partners pays an annual dividend of $2.00 per share and has a dividend yield of 2.3%. Park National pays an annual dividend of $4.40 per share and has a dividend yield of 2.7%. Pinnacle Financial Partners pays out 24.7% of its earnings in the form of a dividend. Park National pays out 39.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Pinnacle Financial Partners has increased its dividend for 1 consecutive years and Park National has increased its dividend for 8 consecutive years. Park National is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Analyst Ratings This is a breakdown of recent ratings for Pinnacle Financial Partners and Park National, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Pinnacle Financial Partners 0 8 10 1 2.63 Park National 0 3 0 1 2.50 Pinnacle Financial Partners currently has a consensus price target of $112.24, suggesting a potential upside of 28.08%. Park National has a consensus price target of $181.50, suggesting a potential upside of 11.25%. Given Pinnacle Financial Partners’ stronger consensus rating and higher possible upside, equities research analysts plainly believe Pinnacle Financial Partners is more favorable than Park National.
Summary Park National beats Pinnacle Financial Partners on 9 of the 17 factors compared between the two stocks.
About Pinnacle Financial Partners (Get Free Report)
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 loan; 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, 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 Nashville, Tennessee.
About Park National (Get Free Report)
Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. The company offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services. It also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventory and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; originates financing leases primarily for the purchase of commercial vehicles, operating/manufacturing equipment, and municipal vehicles/equipment; consumer loans, such as automobile loans; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, the company offers aircraft financing services; and ParkDirect, a personal banking application. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEFinancial Contrast: Cantor Equity Partners II (CEPT) versus Its Rivals
NEXT HEADLINE »Reviewing ON24 (NYSE:ONTF) and Braze (NASDAQ:BRZE)
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Pinnacle Financial (PNFP - Free Report) is headquartered in Nashville, and is in the Finance sector. The stock has seen a price change of -7.92% since the start of the year. Currently paying a dividend of $0.50 per share, the company has a dividend yield of 2.28%. In comparison, the Banks - Southeast industry's yield is 2.15%, while the S&P 500's yield is 1.47%.
Looking at dividend growth, the company's current annualized dividend of $2.00 is up 108.3% from last year. Over the last 5 years, Pinnacle Financial has increased its dividend 3 times on a year-over-year basis for an average annual increase of 7.56%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Pinnacle Financial's current payout ratio is 11%, meaning it paid out 11% of its trailing 12-month EPS as dividend.
Earnings growth looks solid for PNFP for this fiscal year. The Zacks Consensus Estimate for 2026 is $10.22 per share, representing a year-over-year earnings growth rate of 22.10%.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, PNFP is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
FNY Investment Advisers LLC purchased a new stake in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 31,332 shares of the company’s stock, valued at approximately $2,989,000. Pinnacle Financial Partners makes up about 0.9% of FNY Investment Advisers LLC’s investment portfolio, making the stock its 22nd biggest holding.
A number of other hedge funds have also made changes to their positions in PNFP. EJF Capital LLC lifted its holdings in shares of Pinnacle Financial Partners by 2.5% during the 2nd quarter. EJF Capital LLC now owns 5,138 shares of the company’s stock worth $567,000 after acquiring an additional 127 shares during the period. Profund Advisors LLC grew its position in Pinnacle Financial Partners by 4.6% in the third quarter. Profund Advisors LLC now owns 2,895 shares of the company’s stock valued at $272,000 after acquiring an additional 127 shares in the last quarter. Diversified Trust Co. increased its stake in Pinnacle Financial Partners by 0.3% during the 4th quarter. Diversified Trust Co. now owns 54,349 shares of the company’s stock worth $5,185,000 after buying an additional 137 shares during the period. Stephens Inc. AR increased its position in shares of Pinnacle Financial Partners by 7.3% during the third quarter. Stephens Inc. AR now owns 2,226 shares of the company’s stock worth $209,000 after acquiring an additional 152 shares during the last quarter. Finally, Hunter Perkins Capital Management LLC raised its position in shares of Pinnacle Financial Partners by 1.3% in the 4th quarter. Hunter Perkins Capital Management LLC now owns 12,850 shares of the company’s stock valued at $1,226,000 after purchasing an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 87.40% of the company’s stock.
Pinnacle Financial Partners Price Performance Shares of NYSE:PNFP opened at $87.57 on Friday. The company has a market cap of $6.79 billion, a PE ratio of 10.82, a PEG ratio of 0.40 and a beta of 1.00. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. Pinnacle Financial Partners, Inc. has a 1-year low of $81.08 and a 1-year high of $120.46.
Pinnacle Financial Partners Dividend Announcement The business also recently disclosed a dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 6th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 6th. Pinnacle Financial Partners’s dividend payout ratio is currently 24.72%.
Analyst Ratings Changes Several research firms have recently commented on PNFP. TD Cowen reaffirmed a “buy” rating on shares of Pinnacle Financial Partners in a report on Wednesday, January 7th. Evercore reiterated an “outperform” rating on shares of Pinnacle Financial Partners in a research note on Thursday, February 5th. Wall Street Zen raised shares of Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft set a $116.00 target price on Pinnacle Financial Partners and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. decreased their target price on Pinnacle Financial Partners from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.24.
Read Our Latest Stock Report on PNFP
Insider Activity at Pinnacle Financial Partners In other news, CFO Andrew J. Jr. Gregory acquired 1,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was purchased at an average cost of $94.52 per share, with a total value of $94,520.00. Following the acquisition, the chief financial officer owned 49,485 shares of the company’s stock, valued at $4,677,322.20. This trade represents a 2.06% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.46% of the company’s stock.
About Pinnacle Financial Partners (Free Report)
Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.
The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.
Featured Stories Five stocks we like better than Pinnacle Financial Partners
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINELowe’s Companies, Inc. $LOW Stock Holdings Decreased by Empirical Financial Services LLC d.b.a. Empirical Wealth Management
NEXT HEADLINE »The TJX Companies, Inc. $TJX Stock Position Raised by Compagnie Lombard Odier SCmA
MIAMI--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners (NYSE: PNFP) today announced a multiyear sponsorship agreement with the PGA TOUR's Cadillac Championship in Miami, Florida, marking the firm's first PGA TOUR event partnership and a significant milestone in strengthening its presence in one of the Southeast's most dynamic markets. The three-year agreement establishes Pinnacle as the Official Bank of the Cadillac Championship, held April 29–May 3, 2026, at Trump National Doral's Blue Monster. P.
Community Bancorp (NASDAQ:CMTV – Get Free Report) and Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) are both financial services companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings.
Profitability This table compares Community Bancorp and Pinnacle Financial Partners’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Community Bancorp 24.67% 15.77% 1.39% Pinnacle Financial Partners 19.41% 10.10% 1.19% Valuation & Earnings This table compares Community Bancorp and Pinnacle Financial Partners”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Community Bancorp $68.79 million 2.81 $16.97 million $3.01 11.52 Pinnacle Financial Partners $3.32 billion 2.16 $641.86 million $8.09 11.44 Pinnacle Financial Partners has higher revenue and earnings than Community Bancorp. Pinnacle Financial Partners is trading at a lower price-to-earnings ratio than Community Bancorp, indicating that it is currently the more affordable of the two stocks.
Dividends Community Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.9%. Pinnacle Financial Partners pays an annual dividend of $2.00 per share and has a dividend yield of 2.2%. Community Bancorp pays out 33.2% of its earnings in the form of a dividend. Pinnacle Financial Partners pays out 24.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Pinnacle Financial Partners has increased its dividend for 1 consecutive years.
Institutional & Insider Ownership 87.4% of Pinnacle Financial Partners shares are held by institutional investors. 9.3% of Community Bancorp shares are held by insiders. Comparatively, 1.5% of Pinnacle Financial Partners shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Risk & Volatility Community Bancorp has a beta of 0.25, suggesting that its stock price is 75% less volatile than the S&P 500. Comparatively, Pinnacle Financial Partners has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.
Analyst Recommendations This is a summary of current recommendations for Community Bancorp and Pinnacle Financial Partners, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Community Bancorp 0 0 1 0 3.00 Pinnacle Financial Partners 0 7 11 1 2.68 Pinnacle Financial Partners has a consensus price target of $112.18, indicating a potential upside of 21.18%. Given Pinnacle Financial Partners’ higher possible upside, analysts clearly believe Pinnacle Financial Partners is more favorable than Community Bancorp.
Summary Pinnacle Financial Partners beats Community Bancorp on 10 of the 18 factors compared between the two stocks.
About Community Bancorp (Get Free Report)
Community Bancorp. operates as the bank holding company for Community National Bank that provides a range of retail banking services to residents, businesses, nonprofit organizations, and municipalities. It provides various consumer banking products and services, including checking accounts, savings programs, ATMs, debit/credit cards, and night deposit facilities, as well as online, mobile, and telephone banking. The company’s business banking products and services comprise credit products for various business purposes, including financing for commercial business properties, equipment, inventories, and accounts receivable, as well as letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, and remote deposit capture. It offers commercial real estate lending products for commercial developers and investors, residential builders and developers, and community development entities, which include credit products to facilitate the purchase of land and/or build structures for business, for investors to develop residential or commercial properties, and for real estate secured financing of existing businesses, as well as financing to startups and other small businesses. The company’s residential real estate lending products include fixed-rate and adjustable rate residential mortgage and home equity loans; retail credit products include personal, automobile, and boat/recreational vehicle loans; and municipal and institutional banking products and services for state and local governments, schools, charities, membership, and not-for-profit associations comprise deposit accounts, tax-exempt loans, lines of credit, and term loans, as well as a collateralized secured deposit products. It operates through a main office in Derby; and eleven branch offices in northeastern and central Vermont. Community Bancorp. was founded in 1851 and is headquartered in Derby, Vermont.
About Pinnacle Financial Partners (Get Free Report)
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 loan; 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, 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 Nashville, Tennessee.
Receive News & Ratings for Community Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) and Susquehanna Bancshares (NASDAQ:SUSQ – Get Free Report) are both financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, earnings, analyst recommendations, valuation, risk and dividends.
Analyst Recommendations This is a breakdown of recent ratings and target prices for Pinnacle Financial Partners and Susquehanna Bancshares, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Pinnacle Financial Partners 0 7 11 1 2.68 Susquehanna Bancshares 0 0 0 0 0.00 Pinnacle Financial Partners presently has a consensus price target of $112.18, suggesting a potential upside of 19.72%. Given Pinnacle Financial Partners’ stronger consensus rating and higher probable upside, research analysts clearly believe Pinnacle Financial Partners is more favorable than Susquehanna Bancshares.
Institutional & Insider Ownership 87.4% of Pinnacle Financial Partners shares are held by institutional investors. 1.5% of Pinnacle Financial Partners shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Profitability This table compares Pinnacle Financial Partners and Susquehanna Bancshares’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Pinnacle Financial Partners 19.41% 10.10% 1.19% Susquehanna Bancshares N/A N/A N/A Valuation & Earnings This table compares Pinnacle Financial Partners and Susquehanna Bancshares”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Pinnacle Financial Partners $3.32 billion 2.19 $641.86 million $8.09 11.58 Susquehanna Bancshares N/A N/A N/A N/A N/A Pinnacle Financial Partners has higher revenue and earnings than Susquehanna Bancshares.
Summary Pinnacle Financial Partners beats Susquehanna Bancshares on 10 of the 10 factors compared between the two stocks.
About Pinnacle Financial Partners (Get Free Report)
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 loan; 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, 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 Nashville, Tennessee.
About Susquehanna Bancshares (Get Free Report)
Susquehanna Bancshares, Inc. is a financial holding company. The Company conducts its business operations primarily through its commercial bank subsidiary, Susquehanna Bank, and other subsidiaries in the mid-Atlantic region to provide a range of retail and commercial banking and financial products and services. It provides a range of retail banking services, including checking, savings and club accounts, check cards, debit cards, money market accounts, certificates of deposit, individual retirement accounts, home equity lines of credit, residential mortgage loans, home improvement loans, automobile loans, personal loans, and internet and mobile banking services. It also provides a range of commercial banking services, including business checking accounts, cash management services, money market accounts, land acquisition and development loans, commercial loans, floor plan, equipment and working capital lines of credit, small business loans and internet banking services.
Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEARMOUR Residential REIT (ARR) Expected to Announce Earnings on Wednesday
NEXT HEADLINE »Sparta Commercial Services (OTCMKTS:SRCO) vs. Greenidge Generation (NASDAQ:GREE) Head-To-Head Review