Welcome to our dedicated page for Pinnacle Finl Partners news (Ticker: PNFP), a resource for investors and traders seeking the latest updates and insights on Pinnacle Finl Partners stock.
Pinnacle Financial Partners, Inc. (NYSE: PNFP) generates frequent news as a regional bank holding company serving commercial and consumer clients across the Southeast and Atlantic Coast. This PNFP news page aggregates company announcements, investor communications and other coverage related to Pinnacle’s banking, investment, trust, mortgage and insurance activities.
Readers can expect updates tied to Pinnacle’s strategic direction and corporate actions, including its completed merger with Synovus Financial Corp., the integration of Synovus Bank into Pinnacle Bank, and the firm’s presence on the New York Stock Exchange. Company press releases have highlighted milestones such as ringing the opening bell at the NYSE, regulatory approvals for the merger, and shareholder votes in favor of the combination.
News items also include financial communications, such as earnings release dates, dividend declarations on common and preferred stock, and participation in financial services conferences hosted by major investment banks. In addition, Pinnacle regularly issues updates on governance and leadership, including the composition of its board of directors and the appointment of banking leaders for local markets and banking specialties.
Because Pinnacle operates more than 400 offices in nine states and emphasizes a geographic, relationship-based banking model, its news flow often reflects developments in its core metropolitan markets and its efforts to recruit financial services professionals. Investors, analysts and clients can use this PNFP news feed to follow the firm’s corporate events, market positioning in areas such as Nashville and Atlanta, and ongoing integration activities following the Synovus merger.
Pinnacle Financial Partners (PNFP) reported strong Q1 2025 financial results with diluted EPS of $1.77, up 12.7% from Q1 2024. Adjusted diluted EPS increased 24.2% to $1.90. The company achieved notable growth with:
- Total assets reaching $54.3 billion, an 11% year-over-year increase
- Loan growth of 9.0% year-over-year
- Net interest income up 14.6% to $364.4 million
- Net interest margin improvement to 3.21% from 3.04%
The bank demonstrated robust deposit growth of 15.3% annualized in Q1 2025, with noninterest-bearing deposits growing at 16.5% annualized. The company added 33 revenue producers and maintains its 2025 loan growth guidance of 8-11%. Wealth management revenues increased 26.2% year-over-year, while income from Banker's Healthcare Group rose 27.3%.
Pinnacle Financial Partners (PNFP) has achieved its highest ranking yet on FORTUNE magazine and Great Place to Work's Best Companies to Work For list, securing the No. 9 position nationally. The firm has consistently made the list since 2017, improving from No. 11 in 2024.
The ranking is based on employee treatment and experience across all demographics. Among the 8.2 million employees surveyed across U.S. companies, 98% of Pinnacle's associates reported it as a great workplace and expressed pride in their employment.
Led by President and CEO Terry Turner, Pinnacle has grown to approximately $52.6 billion in assets as of December 2024. As Tennessee's second-largest bank holding company, the firm maintains its position as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA. The company has expanded from a single Nashville location in 2000 to serving multiple urban markets across the Southeast.
Pinnacle Financial Partners (PNFP) has scheduled its first quarter 2025 earnings release for Monday, April 14, 2025, after market close, followed by a live webcast on Tuesday, April 15, at 8:30 a.m. CDT.
The company, ranked as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, holds approximately $52.6 billion in assets as of December 31, 2024. Pinnacle stands as the second-largest bank holding company in Tennessee and operates primarily in urban markets across the Southeast.
Notable recognitions include ranking No. 11 on FORTUNE magazine's 2024 list of 100 Best Companies to Work For® and being named one of America's Best Banks to Work For by American Banker for 12 consecutive years, achieving No. 1 among banks with over $10 billion in assets in 2024.
Pinnacle Financial Partners (PNFP) has achieved a remarkable milestone by securing 30 Coalition Greenwich Best Bank awards, the highest number among all banks nationwide. The awards, split equally between small business and middle market banking categories, include 22 national and 8 regional recognitions.
The accolades are based on surveys of over 25,000 business leaders evaluating more than 500 banks, with only 32 banks qualifying for middle market awards and 34 for small business awards. The recognition spans multiple categories including overall satisfaction, trust, customer service, and cash management capabilities.
As the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, Pinnacle has grown to approximately $52.6 billion in assets as of December 2024. The company ranks No. 11 on FORTUNE's 2024 list of 100 Best Companies to Work For® and holds the top position among banks with over $10 billion in assets in American Banker's Best Banks to Work For ranking.
Pinnacle Financial Partners (PNFP) reported Q4 2024 diluted earnings per share of $1.91, a 60.5% increase from $1.19 in Q4 2023. The company's net interest margin held steady at 3.22%, with net interest income growing 14.0% on a linked-quarter annualized basis.
Notable Q4 2024 achievements include remarkable balance sheet growth, with loan growth of 13.7% and deposit growth of 18.4% linked-quarter annualized. Total assets reached $52.6 billion, up 9.7% year-over-year. The company recruited 161 revenue producers in 2024, a 50.5% increase from 2023.
The company successfully managed its interest rate environment by lowering average deposit costs by 34 basis points during Q4, offsetting a 33 basis point decline in average loan yields. The Board of Directors increased the quarterly cash dividend to $0.24 per common share.
Pinnacle Financial Partners (PNFP) has scheduled its fourth quarter 2024 financial results release for Tuesday, January 21, 2025, after market close. The company will host a live webcast on Wednesday, January 22, at 8:30 a.m. CST to discuss results and business outlook.
PNFP, ranked as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, manages approximately $50.7 billion in assets as of September 30, 2024. The company holds the position of second-largest bank holding company in Tennessee and is included in the Nasdaq Financial-100 Index. Notable recognitions include ranking No. 11 on FORTUNE's 2024 list of 100 Best Companies to Work For® and being named one of America's Best Banks to Work For by American Banker.
Pinnacle Financial Partners has secured the No. 21 position on the 2024 Best Workplaces for Parents list by Great Place to Work®, marking its sixth appearance. The ranking is based on anonymous employee surveys, comparing responses between parents and non-parents.
Survey results showed exceptional employee satisfaction, with 97% of associates considering Pinnacle a great workplace. Notable statistics include 99% of associates being proud to tell others they work at Pinnacle and feeling welcome at the firm, while 98% feel positive about the company's community contributions.
The evaluation process involved over 1.3 million survey responses representing 8.2 million employees, considering factors such as parental leave, adoption benefits, and flexible scheduling. Pinnacle, with approximately $50.7 billion in assets as of September 2024, is Tennessee's second-largest bank holding company and ranks No. 11 on FORTUNE's 2024 list of 100 Best Companies to Work For®.
PNFP Capital Markets, the investment bank subsidiary of Pinnacle Bank, has expanded its team by adding six members from Fidus Partners in Charlotte, NC. The new additions include Ed Imbrogno (Co-founder and Managing Director), John Cheek (Managing Director), Stephen Dockery (Managing Director), Adam Dings (Vice President), and two analysts. This expansion brings PNFP Capital Markets' team to 16 members, with offices now in Nashville, Knoxville, and Charlotte. The firm specializes in middle-market investment banking, focusing on mergers and acquisitions and capital advisory services.
Pinnacle Financial Partners (PNFP) has secured the No. 5 position on American Banker magazine's Best Banks to Work For list, maintaining its top-five status nationally. The bank ranks No. 1 among institutions with assets over $10 billion, with $49.2 billion in assets at the time of ranking. This marks Pinnacle's 12th consecutive year on the list since its inception in 2013. The ranking process involves evaluating workplace practices and policies, followed by employee surveys assessing workplace experiences. Notably, Pinnacle is also ranked No. 11 on FORTUNE's 2024 list of 100 Best Companies to Work For® and holds the top position in the Nashville-Murfreesboro-Franklin MSA.
Pinnacle Financial Partners has been named one of the 2024 Fortune Best Workplaces for Women, ranking No. 8 on the prestigious list. This marks the firm's seventh recognition, following previous honors in 2023, 2022, 2021, 2020, 2018, and 2017. The selection process analyzed survey responses from nearly 600,000 women at Great Place To Work Certified™ companies, with strict eligibility criteria including minimum women representation requirements.
The company, which manages approximately $50.7 billion in assets as of September 2024, is currently the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA. Pinnacle also ranks No. 11 on FORTUNE's 2024 list of 100 Best Companies to Work For® in the U.S.