Pinnacle Financial Q3 2026 EPS rises 16% to $2.40

Q: How much did PNFP earn in the third quarter of 2026?

PNFP reported $364 million of net income available to common shareholders and diluted EPS of $2.40. On an adjusted basis, net income available to common shareholders was $409 million and diluted EPS was $2.69.

Updated 2026 outlook places period-end loans at $91.0 billion-$93.0 billion and deposits at $106.5 billion-$108.5 billion.

Filing Impact

(High)

Filing Sentiment

(Neutral)How Sentiment works

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Form Type

8-K

Rhea-AI Filing Summary

Pinnacle Financial Partners, Inc. reported $364 million of net income available to common shareholders for third quarter 2026, or $2.40 per diluted share; adjusted figures were $409 million and $2.69 per diluted share. Quarter over quarter, reported diluted EPS rose 16%, revenue increased 9% to $1.312 billion, and net interest income grew 3% to $986 million. The merger with Synovus closed January 1, 2026; third-quarter and second-quarter results reflect the combined organization, while prior periods generally reflect legacy Pinnacle.

At September 30, loans were $89.808 billion, up $1.732 billion (2%) from June 30, and deposits were $103.036 billion, up $2.138 billion (2%). Net interest margin declined 4 basis points quarter over quarter to 3.40%, as higher deposit costs and a wholesale-funded liquidity build were partly offset by higher securities and loan yields. The non-performing asset ratio was 0.50%, the net charge-off ratio was 0.23%, and the preliminary CET1 ratio was 10.01%. Updated 2026 guidance includes period-end loans of $91.0 billion-$93.0 billion and deposits of $106.5 billion-$108.5 billion.

2 points · 0 major

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Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance works How Sentiment works

0 major · 0 points

How the balance works

Positive

Moderate pointQuarterly revenue rose 9% to $1.312 billion quarter over quarter.
Moderate pointDiluted EPS increased 16% to $2.40 quarter over quarter.

Negative

None.

Filing Explained

No share repurchases are expected in 2026; the loan-mark amount remains preliminary.

In the earnings materials, Pinnacle says it does not expect share repurchases in 2026; this is an expectation, not a completed buyback.

The slides list remaining accretable purchase-accounting loan marks as of September 30, 2026, with the amount preliminary and subject to change until the purchase-accounting measurement period closes.

8-K Event Classification

3 items: 2.02, 7.01, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Net income available to common shareholders: $364 million Diluted EPS: $2.40 per diluted share Adjusted diluted EPS: $2.69 per diluted share +5 more

8 metrics

Net income available to common shareholders $364 million 3Q26 reported; up 16% quarter over quarter

Diluted EPS $2.40 per diluted share 3Q26 reported; up 16% quarter over quarter

Adjusted diluted EPS $2.69 per diluted share 3Q26; up 8% quarter over quarter

Total revenue $1.312 billion 3Q26; up 9% quarter over quarter

Period-end loans $89.808 billion As of September 30, 2026; up 2% from June 30, 2026

Period-end deposits $103.036 billion As of September 30, 2026; up 2% from June 30, 2026

Net interest margin 3.40% 3Q26; down 4 basis points quarter over quarter

Common Equity Tier 1 ratio 10.01% Preliminary, as of September 30, 2026; 9.93% in 2Q26

Key Terms

net interest margin, accretable purchase accounting loan marks, Common Equity Tier 1 (CET1) ratio, pre-provision net revenue (PPNR), +1 more

5 terms

net interest margin financial

"the net margin declined 4 basis points to 3.40%"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

accretable purchase accounting loan marks financial

"preliminary remaining accretable purchase accounting loan marks are $640MM"

Common Equity Tier 1 (CET1) ratio financial

"The preliminary Common Equity Tier 1 (CET1) ratio ended third quarter 2026 at 10.01%"

The common equity tier 1 (CET1) ratio is a measure of a bank’s financial strength, showing how much high-quality capital it has compared to its risk-weighted assets. Think of it as a safety buffer or cushion that helps ensure the bank can withstand financial stress. A higher CET1 ratio indicates a stronger position, which is important for investors because it signals greater stability and resilience.

pre-provision net revenue (PPNR) financial

"Adjusted pre-provision net revenue"

Pre-provision net revenue (PPNR) measures a bank’s core income after operating costs but before setting aside money for expected loan losses, taxes or extraordinary items. It shows how much cash the business generates from normal activities — like a household’s take-home income before putting money into an emergency fund — and matters to investors because higher PPNR means a bigger cushion to absorb loan losses and support future profits or dividend payments.

allowance for credit losses financial

"The allowance for credit losses ratio (to loans) was 1.19%"

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

Earnings Snapshot

Net income available to common shareholders: $364 million · Guidance included

Third quarter 2026

Net income available to common shareholders $364 million +16% quarter over quarter

Diluted EPS $2.40 per diluted share +16% quarter over quarter

Adjusted diluted EPS $2.69 per diluted share +8% quarter over quarter

Total revenue $1.312 billion +9% quarter over quarter

Net interest margin 3.40% -4 basis points quarter over quarter

Guidance

2026 outlook: period-end loans, excluding loan marks, $91.0 billion-$93.0 billion; period-end total deposits $106.5 billion-$108.5 billion; adjusted revenue (TE) $5.00 billion-$5.20 billion; adjusted non-interest expense $2.675 billion-$2.775 billion; NCOs / average loans 0.20%-0.25%; adjusted effective tax rate 20%-21%.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did PNFP earn in the third quarter of 2026?

PNFP reported $364 million of net income available to common shareholders and diluted EPS of $2.40. On an adjusted basis, net income available to common shareholders was $409 million and diluted EPS was $2.69.

What is PNFP's 2026 guidance?

PNFP's outlook lists period-end loans, excluding loan marks, at $91.0 billion-$93.0 billion; period-end total deposits at $106.5 billion-$108.5 billion; adjusted revenue (TE) at $5.00 billion-$5.20 billion; and adjusted non-interest expense at $2.675 billion-$2.775 billion. It also gives an NCO-to-average-loans range of 0.20%-0.25% and an adjusted effective tax rate range of 20%-21%.

What does PNFP project for fourth-quarter 2026 net interest income?

PNFP's fourth-quarter estimate for net interest income on a taxable-equivalent basis is $1.015 billion-$1.035 billion, approximately 2%-4% above the third quarter.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

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Available on EDGAR 10/21/2026 - 03:10 PM EDT Accepted by SEC EDGAR 10/21/2026 - 03:09 PM EDT

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

October 21, 2026

Date of Report

(Date of Earliest Event Reported)

Pinnacle Financial Partners, Inc.

(Exact Name of Registrant as Specified in its Charter)


Georgia	001-43038	39-3738880
(State of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3400 Overton Park Drive, Atlanta, Georgia 30339

(Address of principal executive offices) (Zip Code)

(706) 641-6500

(Registrant’s telephone number, including area code)

__________________________

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, $1.00 Par Value	PNFP	New York Stock Exchange
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A	PNFP - PrA	New York Stock Exchange
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B	PNFP - PrB	New York Stock Exchange
Depositary Shares, each representing 1/40 interest in a Share of 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock Series C	PNFP - PrC	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.02			Results of Operations and Financial Condition

			On October 21, 2026, Pinnacle Financial Partners, Inc. (the "Company") issued a press release announcing the Company’s financial results for the three and nine month period ended September 30, 2026.

			Pursuant to General Instruction F to Current Report on Form 8-K, the press release is attached to this Current Report as Exhibit 99.1 and only those portions of the press release related to the historical results of operations of the Company for the three and nine month period ended September 30, 2026 are incorporated into this Item 2.02 by reference. The information contained in this Item 2.02, including the information set forth in the press release filed as Exhibit 99.1 to, and incorporated in, this Current Report is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information in Exhibit 99.1 furnished pursuant to this Item 2.02 shall not be incorporated by reference into any registration statement or other documents pursuant to the Securities Act of 1933, as amended (the "Securities Act"), or into any filing or other document pursuant to the Exchange Act except as otherwise expressly stated in any such filing.



Item 7.01			Regulation FD Disclosure

			On October 21, 2026, the Company made available the slide presentation ("Slide Presentation") prepared for use with the press release. The investor call and webcast will be held at 8:00 a.m., ET, on October 22, 2026.

			The information contained in this Item 7.01 of this Current Report, including the information set forth in the Slide Presentation filed as Exhibit 99.2 to, and incorporated in, this Current Report, is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section. The information in Exhibit 99.2 furnished pursuant to this Item 7.01 shall not be incorporated by reference into any registration statement or other documents pursuant to the Securities Act or into any filing or other document pursuant to the Exchange Act except as otherwise expressly stated in any such filing.


Item 9.01	Financial Statements and Exhibits

	(d)	Exhibits

	Exhibit No.	Description

	99.1	Pinnacle press release dated October 21, 2026.

	99.2	Slide presentation prepared for use with the press release.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Pinnacle Financial Partners, Inc. has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			PINNACLE FINANCIAL PARTNERS, INC.

Date: October 21, 2026			By: /s/ Allan E. Kamensky
			Name: Allan E. Kamensky
			Title: Executive Vice President and Chief Legal Officer

Exhibit 99.1


Media Contact						Investor Contact
Joe Bass						Samantha W. Tyagi
615-743-8219						404-364-2715
joe.bass@pnfp.com						samantha.tyagi@synovus.com

Pinnacle Financial Partners announces earnings for third quarter 2026

Diluted earnings per share of $2.40 versus $2.19 in 3Q25

Adjusted diluted earnings per share of $2.69 versus $2.27 in 3Q25

ATLANTA, Oct. 21, 2026 - Pinnacle Financial Partners, Inc. (NYSE: PNFP) today reported financial results for the quarter ended Sept. 30, 2026. Net income available to common shareholders was $364 million, or $2.40 per diluted share in third quarter 2026. Excluding merger-related expenses, investment securities losses and certain other items, adjusted net income available to common shareholders was $409 million, or $2.69 per diluted share.

“Three quarters into our first year as a combined company, the pattern that built Pinnacle is intact: consistent, repeatable performance, quarter after quarter. The merger changed our size, not how we perform. Strong loan and deposit growth and outsized growth in fee income have driven double-digit diluted EPS growth year over year. And we did it while building capital and keeping credit sound. Retention and recruiting are both ahead of plan, and clients remain loyal and committed to doing more business with us. We plan to close 2026 building on that pattern of performance,” said Pinnacle President and CEO Kevin Blair.

Third Quarter 2026 Performance

•The merger of Pinnacle Financial Partners, Inc. (“Pinnacle” or “legacy Pinnacle”) and Synovus Financial Corp. (“Synovus”) closed on Jan. 1, 2026. Reported results for Pinnacle reflect the combined organization in third quarter 2026 and second quarter 2026 and legacy Pinnacle in prior periods, unless stated otherwise. Year-over-year comparisons are significantly impacted by the merger given the magnitude of the acquired balance sheet and the effect of purchase accounting. Prior periods’ consolidated financial statements are reclassified whenever necessary to conform to the current periods’ presentation.

•Our hiring efforts remain very successful and consistent. Pinnacle added 96 experienced revenue producers during the third quarter, compared to 74 in second quarter 2026. This brings our year-to-date total to 222.

•Period-end loans were $89.8 billion at Sept. 30, 2026, up $1.7 billion or 2% from the prior quarter. The majority of the loan growth was in commercial and industrial credits and was diverse by geography and supported by specialty lending.

•Period-end deposits were $103 billion, up $2.1 billion or 2% from the prior quarter. Third quarter deposit growth reflects Pinnacle’s historical seasonal growth pattern.

•Net interest income grew 3% to $986 million in third quarter 2026. On a linked-quarter basis, the net margin declined 4 basis points to 3.40%, driven primarily by increasing deposit costs and the ongoing, wholesale-funded liquidity build, partially offset by rising securities and loan yields.

•Non-interest revenue was $326 million and adjusted non-interest revenue was $323 million in third quarter 2026. Linked-quarter adjusted non-interest revenue increased $53 million from the second quarter, driven by an increase in income from our equity-method investment in BHG, which was the result of higher production, and by a $23 million gain associated with the payoff of an equipment lease during the quarter.

•Non-interest expense was $749 million in third quarter 2026. Excluding merger-related expense and certain other items, adjusted non-interest expense was $690 million, up 4% on a linked-quarter basis, with increased employment expense primarily driven by a true-up to the annual incentive accrual for revenue and EPS growth, and accelerated revenue producer hiring. The efficiency ratio-TE was 56.6% in third quarter 2026, while the adjusted tangible efficiency ratio was 48.9%.

•Credit performance remained strong. The non-performing asset ratio was flat at 0.50% for the quarter compared to the prior quarter. The third quarter 2026 net charge-off ratio was 0.23%, which was in line with expectations and compares to 0.22% in the second quarter. Provision for credit losses was $86 million in third quarter 2026. The allowance for credit losses ratio (to loans) was 1.19%, while the allowance for credit losses coverage of non-performing loans was 245.78%. The change in the allowance quarter-over-quarter was driven largely by a more adverse macroeconomic outlook and continued loan growth.

•The preliminary Common Equity Tier 1 (CET1) ratio ended third quarter 2026 at 10.01%, up from 9.93% in the second quarter.

Third Quarter 2026 Summary


	Reported									Adjusted
(dollars in millions)	3Q26			2Q26			3Q25			3Q26			2Q26			3Q25
Net income available to common shareholders	$	364		$	313		$	169		$	409		$	379		$	175
Diluted earnings per share	2.40			2.07			2.19			2.69			2.50			2.27
Total revenue	1,312			1,203			544			1,318			1,238			559
Total loans	89,808			88,076			37,933			NA			NA			NA
Total deposits	103,036			100,898			45,732			NA			NA			NA
Return on avg assets(1)	1.18		%	1.06		%	1.24		%	1.32		%	1.27		%	1.29		%
Return on avg common equity(1)	10.28			9.01			10.33			11.50			10.90			10.68
Return on avg tangible common equity(1)	16.54			14.89			14.58			18.34			17.70			15.07
Net interest margin(2)	3.40			3.44			3.26			NA			NA			NA
Efficiency ratio-TE(2)(3)	56.6			59.4			54.1			48.9			49.8			52.5
NCO ratio-QTD	0.23			0.22			0.18			NA			NA			NA
NPA ratio	0.50			0.50			0.41			NA			NA			NA
CET1 ratio(4)	10.01			9.93			10.83			NA			NA			NA

(1) Annualized

(2) Taxable equivalent

(3) Adjusted tangible efficiency ratio

(4) Current period ratio preliminary

NA - not applicable

Balance Sheet


Loans*

(dollars in millions)	3Q26		2Q26		Linked Quarter Change		Linked Quarter % Change
Commercial & industrial	$	52,063	$	51,115	$	948	2	%
Commercial real estate	24,037		23,595		442		2
Consumer	13,708		13,366		342		3
Total loans	$	89,808	$	88,076	$	1,732	2	%

*Amounts may not total due to rounding.


Deposits*

(dollars in millions)	3Q26		2Q26		Linked Quarter Change		Linked Quarter % Change		3Q25		Year/Year Change		Year/Year % Change
Non-interest-bearing DDA	$	20,912	$	20,657	$	255	1	%	$	8,958	$	11,954	133	%
Interest-bearing DDA	29,728		28,708		1,020		4		15,032		14,696		98
Money market	36,961		36,343		618		2		16,301		20,660		127
Savings	1,781		1,784		(3)		—		797		984		123
Time deposits	13,654		13,406		248		2		4,644		9,010		194

Total deposits	$	103,036	$	100,898	$	2,138	2	%	$	45,732	$	57,304	125	%

*Amounts may not total due to rounding and prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.


Income Statement Summary**

(in millions, except per share data, share count in thousands)	3Q26		2Q26		Linked Quarter Change		Linked Quarter % Change		3Q25		Year/Year Change		Year/Year % Change
Net interest income	$	986	$	956	$	30	3	%	$	397	$	589	148	%
Non-interest revenue	326		247		79		32		147		179		122
Non-interest expense	749		721		28		4		303		446		147
Provision for (reversal of) credit losses	86		63		23		36		32		54		168
Income before taxes	$	477	$	419	$	58	14		$	209	$	269	129
Income tax expense (benefit)	98		91		7		7		36		62		168
Net income	379		328		51		16		173		206		119


Less: Preferred stock dividends	15		15		—		—		4		11		292
Net income available to common shareholders	$	364	$	313	$	51	16	%	$	169	$	195	116%
Weighted average common shares outstanding, diluted	151,718		151,468		250		—	%	77,310		74,408		96	%
Diluted earnings per share	$	2.40	$	2.07	$	0.33	16		$	2.19	$	0.21	10
Adjusted diluted earnings per share	2.69		2.50		0.19		8		2.27		0.42		19
Effective tax rate	20.5%		21.7%						17.2%

** Amounts may not total due to rounding and changes are calculated using unrounded amounts and may differ from calculations based on rounded figures. Additionally, prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.

Third Quarter 2026 Earnings Webcast and Conference Call

Pinnacle will host a conference call and webcast to discuss third quarter 2026 earnings results with an accompanying slide presentation at 8 a.m. ET on Oct. 22, 2026. Shareholders and other interested parties may listen to this conference call via simultaneous internet broadcast at investors.pnfp.com/events-presentations. Participants may also access the conference call at 888-506-0062 using the code 461090. The replay will be archived for at least 12 months and will be available approximately one hour after the call.

Pinnacle Financial Partners, Inc. (“Pinnacle”) is a $130.7 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 on Jan. 1, 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 (as of June 30, 2026, according to FDIC data).

Pinnacle is an employer of choice for financial services professionals. The firm is No. 12 in FORTUNE magazine’s 2026 list of 100 Best Companies to Work For® in the U.S., its tenth 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.

Forward-Looking Statements

This press release and certain of our other filings with the Securities and Exchange Commission contain statements that constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Pinnacle’s use of words such as “believes,” “anticipates,” “expects,” “may,” “will,” “assumes,” “should,” “predicts,” “could,” “would,” “intends,” “targets,” “estimates,” “projects,” “plans,” “potential” and other similar words and expressions of the future or otherwise regarding the outlook for Pinnacle’s future business and financial performance and/or the performance of the banking industry and economy in general. These forward-looking statements include, among others, our expectations regarding the anticipated benefits and risks related to the recently-completed business combination with Synovus Financial Corp., our future operating and financial performance; expectations on our intended strategies, initiatives, and other operational and execution goals; expectations on credit quality and performance; and the assumptions underlying our expectations. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Pinnacle to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Pinnacle’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. Many of these factors are beyond Pinnacle’s ability to control or predict.

These forward-looking statements are based upon information presently known to management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Pinnacle's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025, under the captions “Cautionary Notice Regarding Forward-Looking Statements” and “Risk Factors” and in Pinnacle's quarterly reports on Form 10-Q, current reports on Form 8-K and other filings and reports filed with the Securities and Exchange Commission. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law.


PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME – UNAUDITED
INCOME STATEMENT DATA

	Nine Months Ended September 30,

(In millions, except per share data, share count in thousands)	2026			2025			'26 vs '25
							% Change

Interest income	$	4,721		$	2,086		126	%
Interest expense	1,846			943			96

Net interest income	2,875			1,143			152
Provision for (reversal of) credit losses	224			73			207

Net interest income after provision for credit losses	2,651			1,070			148

Non-interest revenue:
Core banking fees	280			98			186
Wealth management revenue	257			103			149


Income from equity method investment	103			87			19
Capital markets income	53			11			408
Income from bank-owned life insurance	60			35			69
Investment securities gains (losses), net	(27)			(13)			(114)
Total loan sales and servicing	27			17			58
Other non-interest revenue	104			31			238

Total non-interest revenue	857			369			132

Non-interest expense:
Salaries and other personnel expense	1,172			537			118
Net occupancy, equipment, and software expense	300			131			128

Amortization of intangibles	140			4			nm
FDIC insurance and other regulatory fees	63			30			112


Merger-related expense	382			8			nm
Other operating expenses	366			154			138

Total non-interest expense	2,423			864			180

Income before income taxes	1,085			575			89
Income tax expense	228			102			123

Net income	857			473			81





Less: Preferred stock dividends	45			12			259

Net income available to common shareholders	$	812		$	461		76	%

Net income per common share, basic	$	5.38		$	6.00		(10)	%

Net income per common share, diluted	5.36			5.96			(10)

Cash dividends declared per common share	1.50			0.72			108

Return on average assets *	0.92		%	1.17		%	(25)	bps
Return on average common equity *	7.79			9.63			nm

Weighted average common shares outstanding, basic	151,072			76,841			97	%
Weighted average common shares outstanding, diluted	151,553			77,243			96

nm - not meaningful
bps - basis points
* - ratios are annualized
Amounts may not total due to rounding and percentage changes are calculated using unrounded amounts and may differ from calculations based on rounded figures.
Prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.


PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES

	CONDENSED CONSOLIDATED STATEMENTS OF INCOME – UNAUDITED
	INCOME STATEMENT DATA

		2026						2025		Third Quarter

	(In millions, except per share data, share count in thousands)	Third Quarter			Second Quarter					Third Quarter			'26 vs '25
									% Change

	Interest income	$	1,639		$	1,568				$	722		127	%
	Interest expense	653			612					325			101

	Net interest income	986			956					397			148
	Provision for (reversal of) credit losses	86			63					32			168

	Net interest income after provision for credit losses	900			893					365			147

	Non-interest revenue:
	Core banking fees	96			93					34			185
	Wealth management revenue	88			85					38			130
	Income from equity method investment	48			24					41			19
	Capital markets income	17			18					4			300
	Total loan sales and servicing	8			9					5			39
	Income from bank-owned life insurance	21			19					12			69
	Investment securities gains (losses), net	(1)			(29)					—			nm
	Other non-interest revenue	49			28					13			277

	Total non-interest revenue	326			247					147			122

	Non-interest expense:
	Salaries and other personnel expense	398			378					185			115
	Net occupancy, equipment, and software expense	101			102					45			124

	Amortization of intangibles	46			46					2			nm
	FDIC insurance and other regulatory fees	20			20					11			76


	Merger-related expense	56			51					8			nm
	Other operating expenses	128			124					52			146

	Total non-interest expense	749			721					303			147

	Income before income taxes	477			419					209			129
	Income tax expense	98			91					36			168

	Net income	379			328					173			119




	Less: Preferred stock dividends	15			15					4			292

	Net income available to common shareholders	$	364		$	313				$	169		116	%

	Per share information:
	Net income per common share, basic	$	2.41		$	2.07				$	2.20		10	%

	Net income per common share, diluted	2.40			2.07					2.19			10

	Cash dividends declared per common share	0.50			0.50					0.24			108

	Return on average assets *	1.18		%	1.06		%			1.24		%	(6)	bps
	Return on average common equity *	10.28			9.01					10.33			(5)	bps

	Weighted average common shares outstanding, basic	151,113			151,104					76,904			96	%
	Weighted average common shares outstanding, diluted	151,718			151,468					77,310			96

	nm - not meaningful
	bps - basis points
	* - ratios are annualized
	Amounts may not total due to rounding and percentage changes are calculated using unrounded amounts and may differ from calculations based on rounded figures.
	Prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.


PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
	CONDENSED CONSOLIDATED BALANCE SHEETS – UNAUDITED

		September 30, 2026		December 31, 2025		September 30, 2025
	(In millions)

	ASSETS
	Cash and due from banks	$	545	$	359	$	303
	Federal funds sold, securities purchased under resale agreements, and interest earning deposits with banks	6,676		3,206		2,962

	Cash, cash equivalents, and restricted cash	7,221		3,565		3,265

	Investment securities held to maturity, net	2,380		2,591		2,645
	Investment securities available for sale	18,190		6,567		6,412
	Loans held for sale (includes $28 million at fair value as of Sep 30, 2026)	686		97		175

	Loans, net of deferred fees and costs	89,808		39,154		37,933
	Allowance for loan losses	(986)		(442)		(434)
	Loans, net	88,822		38,712		37,499

	Premises, equipment, and software, net	895		352		350
	Cash surrender value of bank-owned life insurance	2,218		1,223		1,211
	Goodwill	3,484		1,849		1,849
	Core deposits and other intangible assets, net	999		30		18
	Other assets	5,790		2,720		2,540
	Total assets	$	130,685	$	57,706	$	55,964

	LIABILITIES AND EQUITY
	Liabilities:
	Deposits:
	Non-interest-bearing deposits	$	20,912	$	9,051	$	8,958
	Interest-bearing deposits	82,124		38,350		36,774

	Total deposits	103,036		47,401		45,732

	Federal funds purchased and securities sold under repurchase agreements	586		316		326

	FHLB advances and other borrowings	9,985		2,205		2,203
	Other liabilities	2,468		740		847
	Total liabilities	116,075		50,662		49,108

	Equity:
	Shareholders' equity:
	Preferred stock — no par value per share, liquidation preference 225 million non-cumulative perpetual preferred stock
	Authorized — 110 million shares at Sep 30, 2026 and 10 million shares at both Dec 31, 2025 and Sep 30, 2025
	Issued and outstanding — 22 million shares at Sep 30, 2026, and 225,000 shares at both Dec 31, 2025 and Sep 30, 2025	781		217		217
	Common stock — $1.00 par value
	Authorized — 360 million shares at Sep 30, 2026 and 180 million shares authorized at both Dec 31, 2025 and Sep 30, 2025
	Issued and outstanding — 151 million shares at Sep 30, 2026 and 78 million shares at both Dec 31, 2025 and Sep 30, 2025	151		78		78
	Additional paid-in capital	10,138		3,144		3,141

	Accumulated other comprehensive income (loss), net	(771)		(123)		(160)
	Retained earnings	4,311		3,728		3,580


	Total equity	14,610		7,044		6,856
	Total liabilities and equity	$	130,685	$	57,706	$	55,964

	Amounts may not total due to rounding. Prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.


PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
AVERAGE BALANCES, INTEREST, AND YIELDS/RATES
(Unaudited)
	Third Quarter 2026						Third Quarter 2025
(Dollars in millions)	Average Balance		Interest		Yield/ Rate			Average Balance		Interest		Yield/ Rate
Assets
Interest earning assets:



Loans, net of deferred fees and costs(1)(2)	$	88,652	$	1,366	6.12	%		$	37,693	$	599	6.29	%
Tax-exempt securities(2)(3)	2,108		19		3.79			3,348		33		3.92
Taxable securities(3)	19,310		209		4.33			5,678		67		4.69

Interest-earning deposits with banks	4,780		43		3.57			3,021		33		4.35
Federal funds sold and securities purchased under resale agreements	88		1		3.98			83		2		9.35


Other earning assets(4)	1,229		10		3.16			256		3		4.97
Total interest earning assets	116,167		1,648		5.63			50,079		737		5.83

Goodwill	3,487							1,849
Core deposits and other intangible assets, net	1,019							19
Other assets(5)	6,831							3,267
Total assets	$	127,504						$	55,214
Liabilities and Equity
Interest-bearing liabilities:
Interest-bearing demand deposits	$	29,252	$	184	2.50	%		$	14,612	$	119	3.23	%
Money market accounts	36,904		259		2.78			16,404		128		3.10
Savings deposits	1,791		1		0.33			798		1		0.56
Time deposits	13,434		117		3.45			4,792		46		3.78

Total interest-bearing deposits	81,381		561		2.74			36,606		294		3.19
Federal funds purchased and securities sold under repurchase agreements	351		2		1.71			287		2		1.96

FHLB advances and other borrowings	7,633		90		4.73			2,208		29		5.19
Total interest-bearing liabilities	89,365		653		2.90			39,101		325		3.29
Non-interest-bearing demand deposits	20,949							8,873
Other liabilities	2,319							518


Total equity	14,871							6,722
Total liabilities and equity	$	127,504						$	55,214
Net interest income and net interest margin, taxable equivalent (2)(6)			$	995	3.40	%				$	412	3.26	%
Less: taxable-equivalent adjustment			9							15
Net interest income			$	986						$	397

(1)Average loans are shown net of unearned income. NPLs are included. Interest income includes fees as follows: Third Quarter 2026 — $19 million, and Third Quarter 2025 — $11 million.

(2)Reflects taxable-equivalent adjustments, using the statutory federal tax rate of 21%, in adjusting interest on tax-exempt loans and securities to a taxable-equivalent basis.

(3)Securities are included on an amortized cost basis with yield and net interest margin calculated accordingly.

(4)Includes loans held for sale, trading account assets, and FHLB and Federal Reserve Bank Stock.

(5)As a result of the merger, during the first quarter 2026, certain immaterial changes were made to integrate the presentation of the legacy banks' yield on investment securities, which included presenting average unrealized losses on investment securities available for sale of $(408) million as a component of other assets for the Third Quarter 2026.

(6)The net interest margin is calculated by dividing annualized net interest income-taxable equivalent (TE) by average total interest earning assets.

Amounts may not total due to rounding and yield/rates are calculated using unrounded amounts and may differ from calculations based on rounded figures.


PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
AVERAGE BALANCES, INTEREST, AND YIELDS/RATES
(Unaudited)
	Nine Months Ended September 30,
	2026						2025
(Dollars in millions)	Average Balance		Interest		Yield/ Rate		Average Balance		Interest		Yield/ Rate
Assets
Interest earning assets:



Loans, net of deferred fees and costs(1)(2)	$	86,268	$	3,950	6.12	%	$	36,907	$	1,733	6.27	%
Tax-exempt securities(2)(3)	2,658		78		3.96		3,319		95		3.85
Taxable securities(3)	17,636		567		4.28		5,580		196		4.70

Interest-earning deposits with banks	4,991		131		3.52		2,732		88		4.33
Federal funds sold and securities purchased under resale agreements	121		5		5.24		73		6		10.45


Other earning assets(4)	948		25		3.54		254		9		5.07
Total interest earning assets	112,622		$	4,756	5.65	%	48,865		$	2,127	5.82	%

Goodwill	3,522						1,849
Core deposits and other intangible assets, net	1,055						20
Other assets(5)	7,142						3,131
Total assets	$	124,341					$	53,865
Liabilities and Equity
Interest-bearing liabilities:
Interest-bearing demand deposits	$	29,756	$	558	2.51	%	$	14,324	$	345	3.23	%
Money market accounts	34,905		702		2.69		15,993		370		3.09
Savings deposits	1,810		5		0.36		798		3		0.48
Time deposits	13,488		351		3.48		4,613		134		3.88

Total interest-bearing deposits	79,959		1,616		2.70		35,728		852		3.19
Federal funds purchased and securities sold under repurchase agreements	346		4		1.57		258		4		1.90

FHLB advances and other borrowings	6,298		226		4.81		2,260		87		5.18

Total interest-bearing liabilities	86,603		1,846		2.85		38,246		943		3.30
Non-interest-bearing demand deposits	20,638						8,525
Other liabilities	2,372						480


Total equity	14,728						6,614
Total liabilities and equity	$	124,341					$	53,865
Net interest income and net interest margin, taxable equivalent (2)(6)			$	2,910	3.45	%			$	1,184	3.24	%
Less: taxable-equivalent adjustment			35						41
Net interest income			$	2,875					$	1,143

(1)Average loans are shown net of unearned income. NPLs are included. Interest income includes fees as follows: 2026 — $56 million and 2025 — $31 million.

(2)Reflects taxable-equivalent adjustments, using the statutory federal tax rate of 21%, in adjusting interest on tax-exempt loans and securities to a taxable-equivalent basis.

(3)Securities are included on an amortized cost basis with yield and net interest margin calculated accordingly.

(4)Includes loans held for sale, trading account assets, and FHLB and Federal Reserve Bank Stock.

(5)As a result of the merger, during the first quarter 2026, certain immaterial changes were made to integrate the presentation of the legacy banks' yield on investment securities, which included presenting average unrealized losses on investment securities available for sale of $(258) million as a component of other assets during 2026.

(6)The net interest margin is calculated by dividing annualized net interest income-taxable equivalent (TE) by average total interest earning assets.

Amounts may not total due to rounding and yield/rates are calculated using unrounded amounts and may differ from calculations based on rounded figures.


PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES
LOANS OUTSTANDING BY TYPE
(Unaudited)	Total Loans		Total Loans		Linked Quarter
(Dollars in millions)

Loan Type	September 30, 2026		June 30, 2026		% Change
Commercial, Financial, and Agricultural	$	37,456	$	36,676	2	%
Owner-Occupied	14,607		14,439		1
Total Commercial & Industrial	52,063		51,115		2
Multi-Family	6,433		6,592		(2)
Hotels	2,487		2,528		(2)
Office Buildings	2,565		2,684		(4)
Retail	3,861		3,658		6
Warehouse/Industrial	3,402		3,294		3
Other Investment Property	2,316		1,991		16
Total Investment Properties	21,064		20,747		2
1-4 Family Construction	817		772		6
1-4 Family Investment Mortgage	1,178		1,145		3
Total 1-4 Family Properties	1,995		1,917		4
Commercial Development	292		271		8
Residential Development	258		255		1
Land Acquisition	428		405		6
Land and Development	978		931		5
Total Commercial Real Estate	24,037		23,595		2
Consumer Mortgages	8,701		8,459		3
Home Equity	3,001		3,002		—
Credit Cards	252		236		7
Other Consumer Loans	1,754		1,669		5
Total Consumer	13,708		13,366		3
Total	$	89,808	$	88,076	2	%

NON-PERFORMING LOANS COMPOSITION
(Unaudited)	Total Non-performing Loans		Total Non-performing Loans		Linked Quarter
(Dollars in millions)

Loan Type	September 30, 2026		June 30, 2026		% Change
Commercial, Financial, and Agricultural	$	162	$	138	17	%
Owner-Occupied	48		69		(30)
Total Commercial & Industrial	210		207		1
Multi-Family	27		35		(23)
Office Buildings	38		35		9
Shopping Centers	—		2		(100)
Warehouses	2		—		nm
Other Investment Property	55		50		10
Total Investment Properties	122		122		—
1-4 Family Construction	—		1		(100)
1-4 Family Investment Mortgage	4		1		300
Total 1-4 Family Properties	4		2		100



Land and Development	—		—		nm
Total Commercial Real Estate	126		124		2
Consumer Mortgages	72		64		13
Home Equity	19		16		19
Other Consumer Loans	6		4		50
Total Consumer	97		84		15
Total	$	433	$	415	4	%

nm - not meaningful

Amounts may not total due to rounding.

Prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current periods' presentation.


PINNACLE FINANCIAL PARTNERS, INC. AND SUBSIDIARIES

	CREDIT QUALITY DATA
	(Unaudited)
	(Dollars in millions)	2026						2025			Third Quarter

		Third			Second			Third			'26 vs '25
		Quarter			Quarter			Quarter			% Change

	Non-performing Loans (NPLs)	$	433		$	415		$	150		189	%

	Other Real Estate and Other Assets	17			29			5			240

	Non-performing Assets (NPAs)	450			444			155			190

	Allowance for Loan Losses (ALL)	986			956			434			127
	Reserve for Unfunded Commitments	79			73			16			394

	Allowance for Credit Losses (ACL)	1,065			1,029			450			137

	Net Charge-Offs - Quarter	50			48			17
	Net Charge-Offs - YTD	147			97			50
	Net Charge-Offs / Average Loans - Quarter (1)	0.23		%	0.22			0.18
	Net Charge-Offs / Average Loans - YTD (1)	0.23			0.23			0.18
	NPLs / Loans	0.48			0.47			0.39
	NPAs / Loans, ORE and specific other assets	0.50			0.50			0.41
	ACL/Loans	1.19			1.17			1.19
	ALL/Loans	1.10			1.09			1.15

	ACL/NPLs	245.78			248.18			301.03
	ALL/NPLs	227.43			230.52			290.25

	Past Due Loans over 90 days and Still Accruing	$	8		$	9		$	3		167
	As a Percentage of Loans Outstanding	0.01		%	0.01		%	0.01		%

	Total Past Due Loans and Still Accruing	$	130		$	127		$	65		100
	As a Percentage of Loans Outstanding	0.14		%	0.14		%	0.17		%

	(1) Ratio is annualized.
	Amounts may not total due to rounding.

	SELECTED CAPITAL INFORMATION (1)
	(Unaudited)
	(Dollars in millions)
		September 30, 2026			December 31, 2025

	Common Equity Tier 1 Capital Ratio	10.01		%	10.88		%
	Tier 1 Capital Ratio	10.77			11.34
	Total Risk-Based Capital Ratio	12.22			12.97
	Tier 1 Leverage Ratio	8.98			9.57
	Total Equity as a Percentage of Total Assets	11.18			12.21
	Tangible Common Equity Ratio (2)	7.41			8.86
	Book Value Per Common Share (3)	$	91.52		$	87.90
	Tangible Book Value Per Common Share (4)	$	61.86		$	63.71

	(1) Current quarter regulatory capital information is preliminary.

	(2) See "Non-GAAP Financial Measures" for applicable reconciliation.

	(3) Book Value Per Common Share consists of Total Equity less Preferred Stock divided by total common shares outstanding.
	(4) Tangible Book Value Per Common Share consists of Total Equity less Preferred Stock and less the carrying value of goodwill and other intangible assets divided by total common shares outstanding.

Non-GAAP Financial Measures

The measures entitled adjusted non-interest revenue; adjusted non-interest expense; adjusted revenue taxable equivalent (TE); adjusted tangible efficiency ratio; adjusted pre-provision net revenue (PPNR); adjusted return on average assets; adjusted net income available to common shareholders; adjusted diluted earnings per share; adjusted return on average common equity; return on average tangible common equity; adjusted return on average tangible common equity; tangible common equity ratio; and tangible book value per common share are not measures recognized under GAAP and therefore are considered non-GAAP financial measures. The most comparable GAAP measures to these measures are total non-interest revenue; total non-interest expense; total revenue; efficiency ratio-TE; PPNR; return on average assets; net income available to common shareholders; diluted earnings per share; return on average common equity; the ratio of total shareholders' equity to total assets and book value per common share, respectively.

Management believes that these non-GAAP financial measures provide meaningful additional information about Pinnacle to assist management and investors in evaluating its operating results, financial strength, the performance of its business, and the strength of its capital position. However, these non-GAAP financial measures have inherent limitations as analytical tools and should not be considered in isolation or as a substitute for analyses of operating results or capital position as reported under GAAP. The non-GAAP financial measures should be considered as additional views of the way our financial measures are affected by significant items and other factors, and since they are not required to be uniformly applied, they may not be comparable to other similarly titled measures at other companies. Adjusted non-interest revenue and adjusted revenue (TE) are measures used by management to evaluate non-interest revenue exclusive of net investment securities gains (losses), fair value adjustments on non-qualified deferred compensation and other items not indicative of ongoing operations that could impact period-to-period comparisons. Adjusted non-interest expense and the adjusted tangible efficiency ratio are measures utilized by management to measure the success of expense management initiatives focused on reducing recurring controllable operating costs. Adjusted net income available to common shareholders, adjusted net income per common share, diluted, adjusted return on average assets and adjusted return on average common equity are measures used by management to evaluate operating results exclusive of items that are not indicative of ongoing operations and impact period-to-period comparisons. Adjusted PPNR is used by management to evaluate PPNR exclusive of items that management believes are not indicative of ongoing operations and impact period-to-period comparisons. Return on average tangible common equity and adjusted return on average tangible common equity are measures used by management to compare Pinnacle’s performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. The tangible common equity ratio is used by stakeholders to assess our capital position. Tangible book value per common share is used by stakeholders to assess our financial stability and value. The computations of these measures are set forth in the tables below.


Reconciliation of Non-GAAP Financial Measures

(dollars in millions)	3Q26		2Q26		3Q25

Adjusted non-interest revenue
Total non-interest revenue	$	326	$	247	$	147
Investment securities (gains) losses, net	1		29		—
Gain on disposition of investment	(4)		—		—


Fair value adjustment on non-qualified deferred compensation	—		(6)		—
Adjusted non-interest revenue	$	323	$	270	$	147

Adjusted non-interest expense
Total non-interest expense	$	749	$	721	$	303



Merger-related expense	(56)		(51)		(8)


Valuation adjustment to Visa derivative	(3)		(2)		—
Fair value adjustment on non-qualified deferred compensation	—		(6)		—
Adjusted non-interest expense	$	690	$	662	$	295


Reconciliation of Non-GAAP Financial Measures, continued

(dollars in millions)	3Q26			2Q26			3Q25
Adjusted revenue (TE) and tangible efficiency ratio
Adjusted non-interest expense	$	690		$	662		$	295
Amortization of intangibles	(46)			(46)			(2)
Adjusted tangible non-interest expense	$	644		$	616		$	293

Net interest income	$	986		$	956		$	397
Tax equivalent adjustment	9			12			15
Net interest income (TE)	995			968			412

Net interest income	$	986		$	956		$	397
Total non-interest revenue	326			247			147
Total revenue	$	1,312		$	1,203		$	544
Tax equivalent adjustment	9			12			15
Total TE revenue	1,321			1,215			559

Gain on disposition of investment	(4)			—			—
Investment securities losses (gains), net	1			29			—

Fair value adjustment on non-qualified deferred compensation	—			(6)			—
Adjusted revenue (TE)	$	1,318		$	1,238		$	559
Efficiency ratio-TE (1)	56.6		%	59.4		%	54.1		%
Adjusted tangible efficiency ratio (1)	48.9			49.8			52.5

Adjusted pre-provision net revenue
Net interest income	$	986		$	956		$	397
Total non-interest revenue	326			247			147
Total non-interest expense	(749)			(721)			(303)
Pre-provision net revenue (PPNR)	$	563		$	482		$	241

Adjusted revenue (TE)	$	1,318		$	1,238		$	559
Adjusted non-interest expense	(690)			(662)			(295)
Adjusted PPNR	$	628		$	576		$	264

(1) Amounts have been calculated using whole dollar values and amounts may not total due to rounding.


Reconciliation of Non-GAAP Financial Measures, continued

(In millions, except per share data, share count in thousands)	3Q26			2Q26			3Q25
Adjusted return on average assets (annualized)
Net income	$	379		$	328		$	173

Gain on disposition of investment	(4)			—			—





Valuation adjustment to Visa derivative	3			2			—
Investment securities losses (gains), net	1			29			—
Merger-related expense (1)	56			51			8

Tax effect of adjustments (2)	(11)			(16)			(2)
Adjusted net income	$	424		$	394		$	179
Net income annualized (3)	$	1,507		$	1,316		$	687
Adjusted net income annualized (3)	$	1,679		$	1,580		$	710
Total average assets	$	127,504		$	124,187		$	55,214
Return on average assets (annualized) (3)	1.18		%	1.06		%	1.24		%
Adjusted return on average assets (annualized) (3)	1.32			1.27			1.29




Adjusted net income available to common shareholders and adjusted diluted earnings per share
Net income available to common shareholders	$	364		$	313		$	169

Gain on disposition of investment	(4)			—			—





Valuation adjustment to Visa derivative	3			2			—
Investment securities losses (gains), net	1			29			—
Merger-related expense (1)	56			51			8

Tax effect of adjustments (2)	(11)			(16)			(2)
Adjusted net income available to common shareholders	$	409		$	379		$	175
Weighted average common shares outstanding, diluted	151,718			151,468			77,310
Diluted earnings per share (3)	$	2.40		$	2.07		$	2.19
Adjusted diluted earnings per share (3)	2.69			2.50			2.27
(1) A portion of this item was non-taxable.
(2) A blended tax rate of 17.1% for the full fiscal year 2026 was applied to merger-related expense which takes into consideration the deductibility and non-deductibility of certain merger-related expense items for tax purposes and an assumed 24% marginal rate was applied to all other adjusted items for 2026. For 2025 an assumed marginal tax rate of 25% was applied.
(3) Amounts have been calculated using whole dollar values.
Amounts may not total due to rounding


Reconciliation of Non-GAAP Financial Measures, continued

(dollars in millions)	3Q26			2Q26			3Q25
Adjusted return on average common equity, return on average tangible common equity, and adjusted return on average tangible common equity (annualized)
Net income available to common shareholders	$	364		$	313		$	169

Gain on disposition of investment	(4)			—			—





Valuation adjustment to Visa derivative	3			2			—
Investment securities losses (gains), net	1			29			—
Merger-related expense (1)	56			51			8

Tax effect of adjustments (2)	(11)			(16)			(2)
Adjusted net income available to common shareholders	$	409		$	379		$	175

Adjusted net income available to common shareholders annualized (3)	$	1,620		$	1,520		$	695
Amortization of intangibles, tax effected, annualized (2)(3)	137			142			4
Adjusted net income available to common shareholders excluding amortization of intangibles annualized (3)	$	1,757		$	1,662		$	699

Net income available to common shareholders annualized (3)	$	1,448		$	1,255		$	672
Amortization of intangibles, tax effected, annualized (2)	137			142			4
Net income available to common shareholders excluding amortization of intangibles annualized (3)	$	1,585		$	1,397		$	676

Total average shareholders' equity less preferred stock	$	14,090		$	13,941		$	6,505
Average goodwill	(3,487)			(3,479)			(1,849)
Average other intangible assets, net	(1,019)			(1,069)			(19)
Total average tangible shareholders' equity less preferred stock	$	9,584		$	9,393		$	4,637
Return on average common equity (annualized) (3)	10.28		%	9.01		%	10.33		%
Adjusted return on average common equity (annualized) (3)	11.50			10.90			10.68
Return on average tangible common equity (annualized) (3)	16.54			14.89			14.58
Adjusted return on average tangible common equity (annualized) (3)	18.34			17.70			15.07

(1) A portion of this item was non-taxable.
(2) A blended tax rate of 17.1% for the full fiscal year 2026 was applied to merger-related expense which takes into consideration the deductibility and non-deductibility of certain merger-related expense items for tax purposes and an assumed 24% marginal rate was applied to all other adjusted items for 2026. For 2025 an assumed marginal tax rate of 25% was applied.
(3) Amounts have been calculated using whole dollar values.
Amounts may not total due to rounding.




(In millions, except per share data, share count in thousands)	September 30, 2026			December 31, 2025			September 30, 2025


Tangible common equity ratio
Total assets	$	130,685		$	57,706		$	55,964
Goodwill	(3,484)			(1,849)			(1,849)
Core deposits and other intangible assets, net	(999)			(30)			(18)
Tangible assets	$	126,202		$	55,827		$	54,097

Total equity	$	14,610		$	7,044		$	6,856
Goodwill	(3,484)			(1,849)			(1,849)
Core deposits and other intangible assets, net	(999)			(30)			(18)
Preferred Stock, no par value	(781)			(217)			(217)
Tangible common equity	$	9,346		$	4,948		$	4,772
Total equity to total assets ratio (1)	11.18		%	12.21		%	12.25		%
Tangible common equity ratio (1)	7.41			8.86			8.82

Tangible common equity	$	9,346		$	4,948		$	4,772
Common shares outstanding	151,115			77,662			77,558
Book value per common share (1)	$	91.52		$	87.90		$	85.60
Tangible book value per common share (1)	$	61.86		$	63.71		$	61.53

(1) Amounts have been calculated using whole dollar values and may not total due to rounding.

Earnings Results Third Quarter 2026 1 Exhibit 99.2

2 Forward-Looking Statements This slide presentation and certain of our other filings with the Securities and Exchange Commission contain statements that constitute "forward-looking statements" within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Pinnacle’s use of words such as "believes," "anticipates," "expects," "may," "will," "assumes," "predicts," "could," "should," "would," "intends," "targets," "estimates," "projects," "plans," "potential" and other similar words and expressions of the future or otherwise regarding the outlook for Pinnacle's future business and financial performance and/or the performance of the banking industry and economy in general. These forward-looking statements include, among others, statements on our expectations related to (1) the anticipated benefits and risks related to the recently completed business combination transaction between Synovus Financial Corp., a Georgia corporation (“Synovus”) and Pinnacle Financial Partners, Inc., a Tennessee corporation (“Legacy Pinnacle”), including the risk that the cost savings and revenue synergies from the transaction may not be fully realized or may take longer than anticipated to be realized, the risk that the integration of Legacy Pinnacle’s and Synovus’ respective businesses and operations will be materially delayed or will be more costly or difficult than expected, including as a result of unexpected factors or events, and risks related to management and oversight of the expanded business and operations of the combined company; (2) loan growth; (3) deposit growth; (4) net interest income and net interest margin; (5) revenue growth, including growth attributable to Pinnacle’s investment in Bankers Healthcare Group ("BHG"); (6) non-interest expense; (7) credit trends and key credit performance metrics; (8) our future operating and financial performance; (9) our strategy and initiatives for future revenue growth, balance sheet optimization, capital management, and expense management, including those statements related to our talent recruitment strategy and expected embedded growth from that strategy; (10) our effective tax rate; (11) our capital position; and (12) our assumptions underlying these expectations. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Pinnacle to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are based on the information known to, and current beliefs and expectations of, management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this presentation. Many of these factors are beyond Pinnacle's ability to control or predict. These forward-looking statements are based upon information presently known to Pinnacle's management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Pinnacle's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025 under the captions "Cautionary Notice Regarding Forward-Looking Statements" and "Risk Factors" and in Pinnacle’s quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law.

3 Use of Non-GAAP Financial Measures This slide presentation contains certain non-GAAP financial measures determined by methods other than in accordance with generally accepted accounting principles. Such non-GAAP financial measures include the following: adjusted net income available to common shareholders; adjusted diluted earnings per share; adjusted return on average assets; adjusted return on common equity; return on average tangible common equity; adjusted return on average tangible common equity; adjusted non-interest revenue; adjusted total revenue taxable equivalent (TE); adjusted non-interest expense; adjusted tangible efficiency ratio; tangible common equity ratio; adjusted tangible common equity ratio; tangible book value per common share; adjusted revenue per share; and adjusted pre-provision net revenue (PPNR). The most comparable GAAP measures to these measures are net income available to common shareholders; diluted earnings per share; return on average assets; return on common equity; return on average common equity; total non-interest revenue; total revenue; revenue per share; total non-interest expense; efficiency ratio-TE; total shareholders' equity to total assets ratio; book value per common share; and PPNR, respectively. Management believes that these non-GAAP financial measures provide meaningful additional information about Pinnacle to assist management and investors in evaluating Pinnacle's operating results, financial strength, the performance of its business and the strength of its capital position. However, these non-GAAP financial measures have inherent limitations as analytical tools and should not be considered in isolation or as a substitute for analyses of operating results or capital position as reported under GAAP. The non-GAAP financial measures should be considered as additional views of the way our financial measures are affected by significant items and other factors, and since they are not required to be uniformly applied, they may not be comparable to other similarly titled measures at other companies. Adjusted net income available to common shareholders, adjusted diluted earnings per share; and adjusted return on average assets are measures used by management to evaluate operating results exclusive of items that are not indicative of ongoing operations and impact period-to-period comparisons. Return on average tangible common equity and adjusted return on average tangible common equity are measures used by management to compare Pinnacle's performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. Adjusted non-interest revenue, adjusted total revenue TE, and adjusted revenue per share are measures used by management to evaluate non-interest revenue, total revenue and adjusted revenue per share exclusive of net investment securities gains (losses), fair value adjustments on nonqualified deferred compensation, and other items not indicative of ongoing operations that could impact period-to-period comparisons. Adjusted non-interest expense and the adjusted tangible efficiency ratio are measures utilized by management to measure the success of expense management initiatives focused on reducing recurring controllable operating costs. The tangible common equity ratio is used by stakeholders to assess our capital position. Tangible book value per common share is used by stakeholders to assess our financial stability and value. Adjusted PPNR is used by management to evaluate PPNR exclusive of items that management believes are not indicative of ongoing operations and impact period-to-period comparisons. The computations of the non-GAAP financial measures used in this slide presentation are set forth in the appendix to this slide presentation. Management does not provide a reconciliation for forward-looking non-GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of Pinnacle's control, or cannot be reasonably predicted. For the same reasons, Pinnacle's management is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures. Merger-Related Notes • The merger of Legacy Pinnacle and Synovus closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed. • Prior periods' consolidated financial statements have been reclassified whenever necessary to conform to the current periods' presentation. • Fourth Quarter 2025 has been presented for the combined franchise in certain cases throughout this presentation and is indicated with a reference to "4Q25C" or "combined basis" where used. • As of September 30, 2026, preliminary remaining accretable purchase accounting loan marks are $640MM as shown in this slide presentation.

4 Why We Win Top TSR Win with OUR TEAM SHAREHOLDERS Leads to Winning with Highly Successful Operating and Recruiting Model That Generates Top Quartile Revenue, EPS and TBV Growth = Top Engagement Regional Bank Employer of Choice Objective: Objective: PNFP footprint population projected to grow ~2x faster than national average(1) CLIENTS Win with Industry-Leading Client Service + Top NPS Objective: (1) Source: S&P Capital IQ Pro

5 The Pinnacle Model Economically Resilient Growth ATTRACT Be the best place to work GPTW #3 · 93% engagement HIRE Land experienced producers Avg 18 yrs experience GROW Migrate Business Significant future growth already embedded ALIGN Drive collaboration & EPS focus ~8,600 employees · 1 core incentive plan OUTPERFORM Reach #1 in growth & returns THE PINNACLE FLYWHEEL Relationship-driven hiring Continuous recruiting of bankers through the network; goal of bringing their best clients & colleagues Decentralized empowerment Local authority on decisions; specialists support the geographies & collaborate around the client One unified incentive Core plan centers on EPS & revenue growth(3) - metrics that drive shareholder return - not individual scorecards BVPS CAGR: 11% TBVPS CAGR(2): 12% Rev PS CAGR: 11% Adj. Rev PS CAGR(2): 11% EPS CAGR: 11% Adj. EPS CAGR(2): 12% Top Quartile Growth Over Last 10 Years(1): Note: Peer Banks include: TFC, RF, FHN, SSB, HBAN, FITB, MTB, KEY, ZION, WAL, PNC, FCNC.A, CFG, WBS, UMBF, VLY, FLG, ONB, COLB, WTFC, CFR, BOKF, and FNB; UMBF and CFR excluded from TBVPS growth analysis due to data availability; GPTW defined as Great Place to Work, #3 reflective of rank in Financial Service and Insurance industry; (1) Source: S&P Capital IQ; PNFP and peer bank CAGRs calculated from annual results, Dec. 31, 2015 – Dec. 31, 2025; (2) Source: S&P Capital IQ; Non-GAAP financial measure; (3) With core plan also subject to certain asset quality governors

6 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 $— $500 $1,000 $1,500 Adjusted Diluted EPS 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 $2.50 $2.75 Tangible Book Value Per Share 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 $25 $30 $35 $40 $45 $50 $55 $60 $65 Book Value Per Common Share 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 $50 $55 $60 $65 $70 $75 $80 $85 $90 $95 Diluted Reported EPS 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 $— $500 $1,000 $1,500 Our focus is unchanged Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; All CAGR information reflects 1Q22-3Q26 Pinnacle results; (1) Non-GAAP financial measures; see appendix for applicable reconciliations; (2) TE - Taxable Equivalent (1)(1) 1Q22-4Q25 Results Reflect Legacy PNFP, While 1Q26-3Q26 Reflect the Combined Organization CAGR: 9% CAGR: 11% CAGR: 9% CAGR: 7% 3Q26: $1,312 3Q26: $2.40 3Q26: $91.52 3Q26: $1,318 3Q26: $2.69 3Q26: $61.86 Reported Revenue (in millions) Adjusted Revenue TE(1)(2) (in millions)

7 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 4Q25C 1Q26 2Q26 3Q26 $— $50 $100 NPAs/Loans + ORE 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 4Q25C 1Q26 2Q26 3Q26 0.20% 0.40% 0.60% 0.80% 1.00% NCOs/Average Loans 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 4Q25C 1Q26 2Q26 3Q26 —% 0.10% 0.20% 0.30% 0.40% 0.50% Common Equity Tier 1 Ratio 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 —% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 4Q25C 1Q26 2Q26 3Q26 $— $50 $100 Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed Our focus is unchanged 1Q22-4Q25 Results Reflect Legacy PNFP, While 4Q25C, and 1Q26-3Q26 Reflect the Combined Organization Revenue Producer Hires 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 4Q25C 1Q26 2Q26 3Q26 10 20 30 40 50 60 70 80 90 100 3Q26: $89.8 3Q26: 10.01% 3Q26: 0.23% 3Q26: $103.0 3Q26: 96 3Q26: 0.50% Period-End Deposits ($ in billions) Period-End Loans ($ in billions)

8 Hiring accelerates in third quarter Hiring expected to lead to sustainable, best in class, long-term growth: 12-14% GROSS NEW HIRES 6-7% TURNOVER RATE 6-7% NET PRODUCER GROWTH 3-6% FROM EXISTING PRODUCERS 9-13% BALANCE SHEET GROWTH - = + = YTD Revenue Producer Hires by Job Family Annual Hiring Targets 0 250 230 217 2024 2025 2026E 2027E 250+(1) 250-275 (1) Updated from goal of 225-250 after three strong quarters of hiring execution; (2) Includes the impact of reclassification; (3) Specialty Product Bankers includes include Treasury Management, Mortgage, Insurance, and Government Guaranteed (eg, SBA) 52 74 96 FY 2026 Progress to Target(2) 222 89% of Goal 1Q26 52 2Q26 74 3Q26 96 (3)

9 Deposit share rises as growth outpaces markets' Key stats +18 bps Footprint share gain(1) To 4.50%, year over year 2.9x Growth vs. our markets(1) Our deposit growth vs. footprint 5 States moving up in rank SC, NC, VA, KY and MD 24 Top-5 metro positions Incl. #1 in Nashville and Columbus Share of footprint deposits at June 30 +36 bps since 2023, a top-2 gain among the 20 largest banks in our footprint Atlanta #4 in market +$1.8B deposits +47 bps market share Washington, D.C. #15 (from #16) +$1.3B deposits +45 bps market share Source: FDIC Summary of Deposits as of June 30 of each year; ranks and shares as reported by the FDIC unless noted. Pinnacle pro forma for the Synovus merger in prior periods.(1) Combined deposits in the 61 metropolitan statistical areas (MSAs) where Pinnacle operates, representing the substantial majority of Pinnacle deposits; excludes money-center headquarters bookings (BAC, TFC, COF, and RJF). Peer comparison covers the 20 largest institutions in these MSAs. Key YoY Stats Share of Footprint Deposits at June 30(1)

10 ($ in millions, except per share data) 3Q26 QoQ Net Interest Income $986 3% Provision for Credit Losses $86 36% Non-Interest Revenue $326 32% Total Revenue $1,312 9% Non-Interest Expense $749 4% Pre-Provision Net Revenue $563 17% Net Income Available to Common Shareholders $364 16% Diluted EPS $2.40 16% (1) Non-GAAP financial measures; see appendix for applicable reconciliations; (2) TE - Taxable Equivalent EPS strength continues with linked quarter growth ($ in millions, except per share data) 3Q26 QoQ Net Interest Income (TE)(2) $995 3% Provision for Credit Losses $86 36% Adjusted Non-Interest Revenue $323 19% Adjusted Total Revenue (TE)(2) $1,318 7% Adjusted Non-Interest Expense $690 4% Adjusted Pre-Provision Net Revenue $628 9% Adjusted Net Income Available to Common Shareholders $409 8% Adjusted Diluted EPS $2.69 8% Income Statement Summary (GAAP) Income Statement Summary (Adjusted)(1) $2.40 3Q26 DILUTED EPS $2.69 3Q26 ADJUSTED DILUTED EPS(1) 10

11 ($ in millions) 3Q26 QoQ Loans $89,808 2% Deposits $103,036 2% Core Deposits(1) $93,634 2% Non-Interest Bearing Deposits $20,912 1% (1) Core Deposits exclude brokered deposits; (2) Annualized; (3) Non-GAAP financial measure; see appendix for applicable reconciliation; (4) TE - Taxable Equivalent; (5) 3Q26 capital ratios are preliminary Balance sheet grows while capital builds 3Q26 2Q26 ROAA(2) 1.18% 1.06% Adjusted ROAA(2)(3) 1.32% 1.27% ROCE(2) 10.3% 9.0% Adjusted ROCE(2)(3) 11.5% 10.9% ROTCE(2)(3) 16.5% 14.9% Adjusted ROTCE(2)(3) 18.3% 17.7% Net Interest Margin(2) 3.40% 3.44% Efficiency Ratio - TE(4) 56.6% 59.4% Adjusted Tangible Efficiency Ratio(3) 48.9% 49.8% 3Q26 2Q26 NCOs/Average Loans(2) 0.23% 0.22% NPLs/Loans 0.48% 0.47% Allowance for Credit Losses % 1.19% 1.17% CET1 Ratio(5) 10.01% 9.93% Healthy linked quarter balance sheet growth Sound credit quality & capital Period End Balance Sheet Growth Profitability Metrics Credit & Capital Metrics 8% QoQ ANNUALIZED LOAN AND CORE DEPOSIT GROWTH 16.5% / 18.3% ROTCE / ADJUSTED ROTCE(2)(3) 0.23% NCOs(2) / AVERAGE LOANS Top tier operating metrics 11

12 Financial Performance

13 $88,076 $879 $485 $350 $19 $89,808 2Q26 C&I CRE Consumer Other 3Q26 Loans Period-End Organic Loan Growth Attribution ($ in millions) Period-End Loans ($ in millions) • 3Q26 period-end loan growth was $1.7B or 8% annualized • Growth was diverse across geographies, specialty lines and asset classes • 3Q26 new funded loan production remains robust (up over 11% combined YoY) while yields and spreads on new originations increased QoQ • C&I utilization rate stable QoQ(1) 8% Annualized QoQ Growth (2) Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding; (1) The change in utilization rate is based on commitments existing at the end of 2Q26; (2) Other inclusive of loan mark change of $26MM and unearned fee change of $(7)MM; (3) Specialty and Other includes specialty loan verticals and other loans centrally managed outside of our lines of business; (4) WA Variable Spread represents SOFR equivalent spreads and is approximately 72% of funded production H i g h l i g h t s $88,076 $849 $858 $26 $89,808 2Q26 Geography Specialty and Other Loan Mark Change 3Q26 2.47% 2.49% 2.62% Funded Production WA Variable Spread 1Q26 2Q26 3Q26 $0B $3B $5B New Funded Production and Associated Loan Spreads (4) (3)

14 2.11% 2.14% 2.16% 2.15% 2.16% 2.22% 3.63% 3.63% 3.63% 3.63% 3.63% 3.74% Apr May Jun Jul Aug Sep • Deposit growth continues to outpace historical combined trends YTD; QTD growth was balanced across geographies and specialty lines • Excluding Public Funds, Core Deposits(1) grew $2.6B QoQ or 13% annualized • Deposit Costs increased in line with the September rate hike Normalized Core Deposit Growth(1)(2) $100,898 $1,248 $386 $255 $(49) $299 $103,036 2Q26 MMA and Savings Interest- Bearing DDA Non- Interest Bearing Time Non-Core Deposits 3Q26 Deposits Period-End Deposits ($ in millions) Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding; (1) Core Deposits exclude brokered deposits; (2) Includes SNV and Legacy PNFP period-end combined core deposits; (3) Total deposit cost was 2.164% and 2.217% in Aug and Sep H i g h l i g h t s 100.0% 101.5% 101.7% 102.7% 105.8% 100.0% 102.1% 102.4% 104.4% Prior Year End 1Q 2Q 3Q 4Q 8% Annualized QoQ Core Deposit(1) Growth Total Deposit Cost vs. Average Fed Funds Target(3) TDC +5bps Fed +12bps

15 $933 $956 $986 3.53% 3.44% 3.40% Net Interest Income Net Interest Margin 1Q26 2Q26 3Q26 Net Interest Income 3.44% 0.01% 0.01% (0.03)% (0.01)% (0.01)% (0.01)% 3.40% 2Q26 NIM Securities Yields Loan Yields Deposit Cost Daycount Liquidity Build Other Funding 3Q26 NIM Net Interest Margin (NIM) Attribution Net Interest Income and Net Interest Margin ($ in millions) Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding • Net interest income increased 3% QoQ or 12% annualized • Linked-quarter NIM decline to 3.40% primarily driven by increasing deposit costs and the ongoing, wholesale- funded liquidity build, partially offset by rising securities and loan yields • QoQ increases in loan yields partially offset by lower PAA and loan fees; September rate hike expected to be modestly beneficial to NII in Q4 H i g h l i g h t s 6.14% 6.11% 6.12% 2.13% 2.14% 2.18% Loan Yields Total Deposit Cost 1Q26 2Q26 3Q26 Loan Yields and Deposit Costs

16 Non-Interest Revenue ($ in millions) 3Q26 QoQ % Change Core Banking Fees $96 3 % Wealth Management Fees(2) $88 3 % Loan Sales and Servicing Fees $8 (4) % Capital Markets Income $17 (7) % Income from BHG Investment $48 103 % BOLI $21 9 % Investments Gains (Losses), Net $(1) nm Other Non-Interest Revenue $49 78 % Total Non-Interest Revenue $326 32 % Gain on Disposition of Investment $(4) nm Investments (Gains) Losses, Net $1 nm Adjusted Non-Interest Revenue(4) $323 19 % Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding and percentage changes are calculated using unrounded amounts and may differ from calculations on rounded figures; (1) Growth is compared to combined Legacy PNFP and SNV results in prior periods; (2) Wealth management revenue consists primarily of fees derived from trust income, brokerage revenue and insurance revenue; (3) See BHG Overview in appendix for additional details; (4) Non-GAAP financial measure • Core Banking and Wealth Management fees both grew 3% QoQ and are all exhibiting double-digit YTD growth on a combined basis(1) • Loan Sales and Servicing fees continue to be impacted by the elevated rate environment • Capital Markets income declined modestly QoQ, but remains robust relative to historical combined levels supported by loan production and merger synergies • Strong production in BHG led to 103% QoQ growth in the investment line item(3) • Other Non-Interest Revenue benefited by $23MM gain associated with the payoff of an equipment lease Non-Interest Revenue H i g h l i g h t s

17 Non-Interest Expense ($ in millions) 3Q26 QoQ % Change Employment Expense $398 5 % Occupancy, Equipment and Software Expense 101 (1) % Amortization of Intangibles 46 — % Merger-Related Expense 56 10 % FDIC insurance and other regulatory fees 20 (3) % Other Noninterest Expense 128 3 % Total Non-interest Expense $749 4 % Merger-Related Expense (56) 10 % Valuation adjustment to Visa derivative (3) 58 % Adjusted Non-interest Expense(1) $690 4 % Efficiency Ratio - TE 56.6 % (5) % Adjusted Tangible Efficiency Ratio(1) 48.9 % (2) % Headcount (FTE) 8,649 1 % • Increase in employment expense primarily driven by increased annual incentive accrual associated with Revenue and EPS growth • Geography and specialty revenue producer hiring also contributed to the QoQ increase in employment expense and represented the majority of the 1% QoQ increase in headcount • Merger-related expenses of $56MM in 3Q26 continue to track in line with expectations at merger announcement • Efficiency ratio - TE and adjusted tangible efficiency ratio(1) both declined to 56.6% and 48.9%, respectively; tracking well towards merger targets Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding and percentage changes are calculated using unrounded amounts and may differ from calculations on rounded figures; (1) Non-GAAP financial measure Non-Interest Expense H i g h l i g h t s

18 0.23% 0.22% 0.23% Legacy PNFP Synovus Pinnacle 3Q25 4Q25 1Q26 2Q26 3Q26 0.58% 0.50% 0.50% Legacy PNFP Synovus Pinnacle 3Q25 4Q25 1Q26 2Q26 3Q26 • Credit quality remained broadly stable throughout 2026, with past dues, NPLs, and charge-offs holding within a narrow range across all three quarters • Criticized and classified loans increased a modest 4bps to 2.10% • The allowance for credit losses ratio increased 2bps to 1.19%, reflecting a more adverse macroeconomic outlook, including a 5% higher weighting toward the slow growth scenario Credit Quality NCOs/Average Loans NPAs/Loans & ORE Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding H i g h l i g h t s $1,029 $26 $31 $6 $(29) $1 $1,065 2Q26 Economic Forecast Net Growth Qualitative Individual Other 3Q26 Allowance for Credit Losses ($ in millions) 1.19%1.17% ACL/Loans

19 Capital 10.83% 10.88% 9.81% 9.93% 10.01% Common Equity Tier 1 Tier 1 Tier 2 3Q25 4Q25 1Q26 2Q26 3Q26 Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding; (1) 3Q26 capital ratios are preliminary (1) Capital Ratios at September 30, 2026(1) Common Equity Tier 1 Ratio(1) 9.93% 0.40% (0.04)% (0.07)% (0.25)% 0.03% 0.02% 10.01% 2Q26 Net Income to Common (Adjusted) Adjusted Items Common Dividend RWA Growth Intangibles Other 3Q26 (Third Quarter 2026 CET1 Ratio Change) • The CET1 Ratio(1) increased 8 bps QoQ to 10.01%; strong organic earnings profile supports continued capital accretion • Capital priorities remain core client growth and achieving our 10.25% CET1 objective • No share repurchases expected in 2026 11.30% 12.94% 11.34% 12.97% 10.71% 12.20% H i g h l i g h t s 10.77% 12.22% (1) (3Q25-4Q25 ratios are for Legacy PNFP only) 10.62% 12.34%

20 2026 Outlook

21 Normalized at Close +10% Loan Growth Additional +1% Growth Cat IV Liquidity Fixed Rate Asset Repricing Fed Rate Hikes 2026 Year End NIM 3.40-3.45% 3.44–3.46% Net interest income continues to expand despite margin contraction Quarterly Net Interest Income (TE)(1) Actual Outlook (range) $947MM 1Q26 $968MM +2.2% QoQ 2Q26 $995MM +2.8% QoQ 3Q26 $1,015–$1,035MM ≈ +2-4% QoQ 4Q26E Net interest margin (TE)(1) 3.53% 3.44% FY2026E Illustrative NIM roll-forward to year-end 2026 Key takeaways • Sustained NII growth is primarily volume-driven: steady earning- asset expansion carries NII higher quarter after quarter • Building HQLA generally compresses NIM but supports NII growth and ROTCE via low risk-weight, capital-efficient assets • Relatively neutral sensitivity to short rates; current tightening cycle is modest benefit to NII • Marginal loan growth beyond 10% provides tailwind to NII but results in added margin pressure given higher cost of incremental funding (1) TE - Taxable Equivalent; (2) Excludes ~3 bps of non-recurring impact; (3) Cat IV liquidity incorporates progress toward planned ~$1B per year of debt issuance over 3 year horizon. 3.50% -2 to -4 bps -1 to -3 bps -3 to -5 bps +2 to +4 bps ~3.40 to 3.45% (2) (3) 3.40% +0 to +2 bps

22 2026 Guidance NOTES Period-End Loans Ex Loan Mark $91.0B - $93.0B Trending to the high end of the 9-11% range (~$9B of growth, ex loan mark) Period-End Total Deposits $106.5B - $108.5B Trending to mid range supported by strong 4Q seasonal inflows Adjusted Revenue TE(1)(2) $5.00B - $5.20B Trending above midpoint of range supported by the current rate environment and strong 3Q revenues • Assumes FY NIM of 3.44% - 3.46%; minimal expected impact from December rate hike • Now assumes 2026 adjusted non-interest revenue(1) of $1.175B - $1.185B – Forecasted BHG Investment income now $150MM-$160MM Adjusted Non- Interest Expense(1) $2.675B - $2.775B Trending to just above midpoint of expected range NCOs / Avg Loans 0.20% - 0.25% Assumes relatively stable economic environment Adjusted Effective Tax Rate(1) 20% - 21% Trending to the mid-point of range; GAAP Effective Tax Rate trending to ~21.5% 2026 Outlook Update Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; (1) Non-GAAP financial measure; see appendix for applicable reconciliation; (2) TE - Taxable Equivalent N o C hange to Prior G uidance

23 Appendix

24 Period-End Loan and Deposit Growth 3Q26 Period-End Loans 3Q26 Period-End Deposits ($ In millions) 3Q26 QoQ $ Change QoQ % Change YTD % Change 3Q26 QoQ $ Change QoQ % Change YTD % Change Tennessee/Kentucky $16,711 $3 —% 5% $25,363 $(273) (1)% 3% Carolinas/Virginia/Washington, DC $15,868 $436 3% 8% $19,534 $855 5% 12% Georgia $15,513 $143 1% 5% $20,765 $27 —% —% South Florida/Greater Florida $10,147 $196 2% 3% $10,395 $(101) (1)% (3)% Alabama/Florida Panhandle $5,952 $71 1% 3% $8,502 $196 2% 7% Total Geographies $64,191 $849 1% 5% $84,557 $706 1% 4% Specialty Lines of Business(1) $24,462 $1,408 6% 18% $5,208 $704 16% 26% Wealth & Corporate Other(2) $1,795 $(550) NM (37)% $13,271 $729 6% 3% Total (Excluding PAA)(3) $90,449 $1,707 2% 8% $103,036 $2,139 2% 4% Accretable Purchase Accounting Loan Mark(4) $(640) $26 (4)% NM $— $— N/A N/A Total $89,808 $1,733 2% 7% $103,036 $2,139 2% 4% Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of September 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding; QoQ changes exclude the impact of transfers; (1) Specialty includes Specialty loan and deposit verticals; (2) Other Inclusive of loan and deposit activity centrally managed outside of our lines of business; (3) Excluding purchase accounting loan mark; (4) Not shown is the effect of acquired deferred fees, which are subsumed into the mark rather than amortized

25 Deposit Mix and Rate Overview 3Q26 2Q26 3Q26 Average Rate % of Total 2Q26 Average Rate % of Total Non-interest Bearing -- 20% -- 21% Interest-Bearing Interest Bearing Demand 2.50% 29% 2.51% 30% Savings 0.33% 2% 0.35% 2% Money Market 2.78% 36% 2.67% 34% Time 3.45% 13% 3.46% 13% Total Interest-Bearing Deposits 2.74% 80% 2.69% 79% Total Deposits 2.18% 100% 2.14% 100%

26 Earning Asset Composition and NII Sensitivity Note: Amounts may not add up due to rounding; (1) Excludes hedges (2) NII sensitivity estimates reflect a static balance sheet; beta sensitivity estimates represent approximations, based on total deposit cost betas 69% 31% Fixed-Rate Variable-Rate Loan Portfolio Fixed-Rate/Variable-Rate Mix(1) 12-Month Estimated Net Interest Income Sensitivity(2) + 100 Bps +1.7% - 100 Bps -1.6% Parallel Rate Impact (at September 30, 2026)

27 Securities and Liquidity Overview (at September 30, 2026) Note: Amounts may not add up due to rounding. (1) Est. Taxable Equivalent Yield, as of September 30, 2026; (2) Net duration is inclusive of fair value hedges on AFS securities; (3) Equals uninsured deposits minus collateralized Focus on liquidity, earnings and rate risk management $21.6B Portfolio Book Value ~3.6 Net Duration(2) Gross Duration 3.9 ~4.27% Book Yield – TEY(1) Inclusive of AFS hedges Notable Liquidity Sources ($ in billions) FRB Cash $6.3 FHLB Capacity $6.2 Unencumbered Securities $13.6 Discount Window Capacity $15.5 Total $41.6 Securities Portfolio Breakout Insured 49% Uninsured (ex. Coll.)(3) 41% Collateralized 10% Total Deposits: $103B Sector Allocations Other, 3% +3% QoQ MBS 36% CMO 15% CMBS 23% Muni 10% Treasury 13%

28 • Receive-fixed Cash Flow swaps against loans: • Average fixed rate of 3.28%, converting floating-rate loan exposure to fixed and locking in net interest margin for down rate protection. • Interest rate option strategies include: • Cash Flow Floors against floating rate loans • Cash Flow Collars against floating rate loans • Cash Flow Caps against indexed deposits Cash Flow Derivatives Portfolio Overview Strategy aims to protect margin & reduce capital volatility Cash Flow Hedge Portfolio (Avg. Notional) ($ in millions) Note: Representation is limited to cash-flow hedging strategies; excludes fair-value hedge derivative positions (1) Represents long positions in interest rate caps, which are reflected as negatives in the graphic representation for purposes of complementing the counterbalancing exposure relative to the other cash-flow strategies included in the graph (2) Reflects effective notionals and/or coupons, as of the respective period; (3) Projected effective strikes as of 4Q26 H i g h l i g h t s (1) Next 4 Quarters Strategy(2) Approx. Strike(3) 4Q26 1Q27 2Q27 3Q27 Floors 2.70% $3.12B $4.12B $4.12B $4.12B Collars 4.45%/6.85% $875MM $875MM $875MM $875MM Caps 3.75% $2.00B $2.00B $2.00B $2.00B Next 4 Quarters Strategy(2) 4Q26 1Q27 2Q27 3Q27 Receive-Fixed Swaps (CF) $2.50B $2.50B $2.50B $2.50B Avg. Rate - RF CF Swaps 3.28% 3.28% 3.28% 3.35%

29 Loan portfolio is highly diverse Amounts may not add up due to rounding; (1) Senior Housing is a subset of NAICS 62 Healthcare and Social Assistance and Lessors of Real Estate is a subset of NAICS 53 42% 16% 8% 7% 4% 3% 3% 2% 13% 2% C&I Non-Real Estate Related C&I Owner- Occupied Other CRE Multi-Family Retail Office Hotel Residential C&D & Land Consumer Real Estate Consumer Non- Real Estate 3Q26 Metrics C&I CRE Cons Dollars in Billions $52.1 $24.0 $13.7 NPL Ratio 0.40% 0.52% 0.71% QTD NCO Ratio 0.28% 0.12% 0.21% 30+ Days Past Due Ratio 0.11% 0.06% 0.43% 90+ Days Past Due Ratio 0.01% 0.00% 0.02% C&I Portfolio CRE Portfolio Shown as % of Total Loans ■ SNCs total $11.1B, ~5.6% of which is agented by PNFP ■ Leveraged loans total $4.6B ■ 76% of CRE NPL balance comprised of 3 credits (1 Senior Housing, 1 Office and 1 Multi-Family) ■ 85% of Consumer loans secured by real estate (1)

30 BHG 3Q26 Overview • Pinnacle's equity-method investment income was $48MM in 3Q26 • Underlying collateral profile and performance remains stable • Origination volumes of $2.5B for 3Q and $6.3B year-to-date • Delivering on an intentional strategy to manage a robust and well diversified funding platform Credit Statistics(1) Source: BHG Internal Data; (1) Credit statistics based on BHG's managed portfolio, including both on and off balance sheet, across placement channels 62% 38% 34% 25% 19% 25% 36% 36% 50% 36% 13% 26% 30% 25% 45% Community Bank Network (Premium Sales) Loan Sales Term Loan Financing/Securitizations 2024 2025 1Q26 2Q26 3Q26 Historical Funding Execution YTD Loan Originations ($ in billions) $2.54 $4.44 $6.31 1Q 2Q 3Q 2024 2025 2026

31 ($ in millions, except per share data, share count in thousands) 3Q26 2Q26 3Q25 2026 2025 Net income available to common shareholders $364 $313 $169 $812 $461 Gain on disposition of investment (4) — — (4) — Valuation adjustment to Visa derivative 3 2 — 5 — Investment securities losses (gains), net 1 29 — 27 13 Merger-related expense(1) 56 51 8 382 8 Tax effect of adjustments(2) (11) (16) (2) (72) (6) Adjusted net income available to common shareholders $409 $379 $175 $1,150 $476 Weighted average common shares outstanding, diluted 151,718 151,468 77,310 151,553 77,243 Net income per common share, diluted(3) $2.40 $2.07 $2.19 $5.36 $5.96 Adjusted net income per common share, diluted(3) $2.69 $2.50 $2.27 $7.59 $6.16 Amounts may not total due to rounding; (1) A portion of this item was non-taxable. (2) A blended tax rate of 17.1% for the full fiscal year 2026 was applied to merger-related expense which takes into consideration the deductibility and non-deductibility of certain merger-related expense items for tax purposes and an assumed 24% marginal rate was applied to all other adjusted items for 2026. For 2025 an assumed marginal tax rate of 25% was applied. (3) Amounts have been calculated using whole dollar values. Non-GAAP Financial Measures

32 ($ in millions) 3Q26 2Q26 3Q25 Net income $379 $328 $173 Gain on disposition of investment (4) — — Valuation adjustment to Visa derivative 3 2 — Investment securities (gains) losses, net 1 29 — Merger-related expense (1) 56 51 8 Tax effect of adjustments(2) (11) (16) (2) Adjusted net income $424 $394 $179 Net income annualized(3) $1,507 $1,316 $687 Adjusted net income annualized(3) $1,679 $1,580 $710 Total average assets $127,504 $124,187 $55,214 Return on average assets (annualized)(3) 1.18% 1.06% 1.24% Adjusted return on average assets (annualized)(3) 1.32% 1.27% 1.29% Non-GAAP Financial Measures, Continued Amounts may not total due to rounding; (1) A portion of this item was non-taxable. (2) A blended tax rate of 17.1% for the full fiscal year 2026 was applied to merger-related expense which takes into consideration the deductibility and non-deductibility of certain merger-related expense items for tax purposes and an assumed 24% marginal rate was applied to all other adjusted items for 2026. For 2025 an assumed marginal tax rate of 25% was applied. (3) Amounts have been calculated using whole dollar values.

33 Non-GAAP Financial Measures, Continued ($ in millions) 3Q26 2Q26 3Q25 2026 2025 Net income available to common shareholders $364 $313 $169 $812 $461 Gain on disposition of investment (4) — — (4) — Valuation adjustment to Visa derivative 3 2 — 5 — Investment securities (gains) losses, net 1 29 — 27 13 Merger-related expense(1) 56 51 8 382 8 Tax effect of adjustments(2) (11) (16) (2) (72) (6) Adjusted net income available to common shareholders $409 $379 $175 $1,150 $476 Adjusted net income available to common shareholders annualized(3) $1,620 $1,520 $695 $1,538 $636 Amortization of intangibles, tax effected, annualized (2)(3) 137 142 4 142 4 Adjusted net income available to common shareholders excluding amortization of intangibles annualized (3) $1,757 $1,662 $699 $1,680 $640 Net income available to common shareholders annualized (3) $1,448 $1,255 $672 $1,087 $616 Amortization of intangibles, tax effected, annualized (2)(3) 137 142 4 142 4 Net income available to common shareholders excluding amortization of intangibles annualized (3) $1,585 $1,397 $676 $1,229 $620 Total average shareholders' equity less preferred stock $14,090 $13,941 $6,505 $13,947 $6,397 Average goodwill (3,487) (3,479) (1,849) (3,522) (1,849) Average other intangible assets, net (1,019) (1,069) (19) (1,055) (20) Total average tangible shareholders' equity less preferred stock $9,584 $9,393 $4,637 $9,370 $4,528 Return on average common equity (annualized)(3) 10.28% 9.01% 10.33% 7.79% 9.63% Adjusted return on average common equity (annualized)(3) 11.50 10.90 10.68 11.03 9.95 Return on average tangible common equity (annualized)(3) 16.54 14.89 14.58 13.12 13.70 Adjusted return on average tangible common equity (annualized)(3) 18.34 17.70 15.07 17.93 14.14 Amounts may not total due to rounding; (1) A portion of this item was non-taxable. (2) A blended tax rate of 17.1% for the full fiscal year 2026 was applied to merger-related expense which takes into consideration the deductibility and non-deductibility of certain merger-related expense items for tax purposes and an assumed 24% marginal rate was applied to all other adjusted items for 2026. For 2025 an assumed marginal tax rate of 25% was applied. (3) Amounts have been calculated using whole dollar values.

34Amounts may not total due to rounding. (1) Amounts have been calculated using whole dollar values. (2) Weighted average diluted common shares in thousands for 3Q26, 2Q26, and 3Q25 are 151,718, 151,468. and 77,310, respectively. Non-GAAP Financial Measures, Continued ($ in millions) 3Q26 2Q26 3Q25 Total non-interest expense $749 $721 $303 Merger-related expense (56) (51) (8) Valuation adjustment to Visa derivative (3) (2) — Fair value adjustment on non-qualified deferred compensation — (6) — Adjusted non-interest expense $690 $662 $295 Adjusted non-interest expense $690 $662 $295 Amortization of intangibles (46) (46) (2) Adjusted tangible non-interest expense 644 616 293 Net interest income 986 956 397 Total non-interest revenue 326 247 147 Total revenue 1,312 1,203 544 Taxable equivalent (TE) adjustment 9 12 15 Total TE revenue $1,321 $1,215 $559 Gain on disposition of investment (4) — — Investment securities (gains) losses, net 1 29 — Fair value adjustment on non-qualified deferred compensation — (6) — Adjusted total revenue (TE) $1,318 $1,238 $559 Efficiency ratio-(TE)(1) 56.6% 59.4% 54.1% Adjusted tangible efficiency ratio(1) 48.9% 49.8% 52.5% Total revenue per diluted common share(2) $8.65 $7.94 $7.05 Adjusted total revenue per diluted common share(2) $8.62 $8.09 $7.05 Adjusted total revenue (TE) $1,318 $1,238 $559 Adjusted non-interest expense (690) (662) (295) Adjusted PPNR $628 $576 $264

35Amounts may not total due to rounding. (1) Amounts have been calculated using whole dollar values. Non-GAAP Financial Measures, Continued ($ in millions, except per share data, share count in thousands) September 30, 2026 December 31, 2025 September 30, 2025 Total assets $130,685 $57,706 $55,964 Goodwill (3,484) (1,849) (1,849) Core deposits and other intangible assets, net (999) (30) (18) Tangible assets $126,202 $55,827 $54,097 Total equity $14,610 $7,044 $6,856 Goodwill (3,484) (1,849) (1,849) Core deposits and other intangible assets, net (999) (30) (18) Preferred Stock (781) (217) (217) Tangible common equity $9,346 $4,948 $4,772 Total shareholders’ equity to total assets ratio(1) 11.18% 12.21% 12.25% Tangible common equity ratio(1) 7.41% 8.86% 8.82% Tangible common equity $9,346 $4,948 $4,772 Common shares outstanding 151,115 77,662 77,558 Book value per common share(1) $91.52 $87.90 $85.60 Tangible book value per common share(1) $61.86 $63.71 $61.53

36 Reconciliation of Non-GAAP Financial Measures, Continued 3Q26 2Q26 1Q26 4Q25 3Q25 2Q25 1Q25 4Q24 3Q24 2Q24 1Q24 4Q23 3Q23 2Q23 1Q23 4Q22 3Q22 2Q22 1Q22 Net income available to common shareholders $ 364 $ 313 $ 135 $ 166 $ 169 $ 155 $ 137 $ 147 $ 143 $ 49 $ 120 $ 91 $ 129 $ 194 $ 133 $ 134 $ 145 $ 141 $ 125 Investment (gains) losses on sales of securities, net 1 29 (3) 4 — — 12 — — 72 — — 9 10 — — — — — Valuation adjustment to Visa derivative 3 2 1 — — — — — — — — — — — — — — — — Gain on sale of fixed assets as a result of sale leaseback — — — — — — — — — — — — — (86) — — — — — ORE expense (income) — — — — — — — — — — — — — — — — — — — FDIC special assessment — — — (7) — — — — — — 7 29 — — — — — — — Loss on BOLI restructuring — — — — — — — — — — — 16 — — — — — Recognition of mortgage servicing asset — — — — — — — — — — (12) — — — — — — — — Fees related to terminating agreement to resell securities previously purchased and professional fees associated with capital optimization initiatives — — — — — — — — — 28 — — — — — — — — — Gain on disposition of investment (4) — — — — — — — — — — — — — — — — — — Merger-related expense 56 51 275 14 8 — — — — — — — — — — — — — — Tax effect on above noted adjustments (11) (16) (45) (3) (2) — (3) — — (25) 1 (7) (2) 19 — — — — — Net income available to common shareholders excluding above noted adjustments $ 409 $ 379 $ 363 $ 174 $ 175 $ 155 $ 146 $ 147 $ 143 $ 124 $ 116 $ 129 $ 136 $ 137 $ 133 $ 134 $ 145 $ 141 $ 125 Diluted earnings per common share $ 2.40 $ 2.07 $ 0.89 $ 2.13 $ 2.19 $ 2.00 $ 1.77 $ 1.91 $ 1.86 $ 0.64 $ 1.57 $ 1.19 $ 1.69 $ 2.54 $ 1.76 $ 1.76 $ 1.91 $ 1.86 $ 1.65 Less: Investment (gains) losses on sales of securities 0.01 0.19 (0.02) 0.05 — — 0.16 (0.01) — 0.94 — — 0.13 0.13 — — — — — Valuation adjustment to Visa derivative 0.02 0.01 — — — — — — — — — — — — — — — — — Gain on sale of fixed assets as a result of sale leaseback — — — — — — — — — — — — — (1.13) — — — — — ORE expense (income) — — — — — — — — — — — — — — — — — — — FDIC special assessment — — — (0.10) — — — — — — 0.10 0.38 — — — — — — — Loss on BOLI restructuring — — — — — — — — — — — 0.21 — — — — — — — Recognition of mortgage servicing asset — — — — — — — — — — (0.15) — — — — — — — — Fees related to terminating agreement to resell securities previously purchased and professional fees associated with capital optimization initiatives — — — — — — — — — 0.37 — — — — — — — — — Gain on disposition of investment (0.03) — — — — — — — — — — — — — — — — — — Merger-related expenses 0.37 0.34 1.82 0.18 0.10 — — — — — — — — — — — — — — Tax effect on above noted adjustments (0.08) (0.11) (0.30) (0.02) (0.02) — (0.04) — — (0.32) 0.01 (0.09) (0.03) 0.25 — — — — — Diluted earnings per common share excluding above noted adjustments $ 2.69 $ 2.50 $ 2.39 $ 2.24 $ 2.27 $ 2.00 $ 1.90 $ 1.90 $ 1.86 $ 1.63 $ 1.53 $ 1.68 $ 1.79 $ 1.80 $ 1.76 $ 1.76 $ 1.91 $ 1.86 $ 1.65

37 Reconciliation of Non-GAAP Financial Measures, Continued 3Q26 2Q26 1Q26 4Q25 3Q25 2Q25 1Q25 4Q24 3Q24 2Q24 1Q24 4Q23 3Q23 2Q23 1Q23 4Q22 3Q22 2Q22 1Q22 Net interest income $ 986 $ 956 $ 933 $ 408 $ 397 $ 380 $ 364 $ 364 $ 352 $ 332 $ 318 $ 317 $ 317 $ 315 $ 312 $ 319 $ 306 $ 265 $ 239 Total noninterest income 326 247 284 135 147 125 98 112 115 34 110 79 91 174 90 82 105 125 103 Total revenues 1,312 1,203 1,217 542 544 505 463 475 467 367 428 396 408 489 402 402 411 390 343 Tax equivalent adjustment 9 12 14 17 15 14 13 12 12 12 12 14 12 11 11 14 11 10 9 Total TE revenue 1,321 1,215 1,231 559 559 519 476 487 479 379 440 410 420 500 413 416 422 400 352 Less: Investment (gains) losses on sales of securities, net 1 29 (3) 4 — — 12 — — 72 — — 9 10 — — — — — Gain on disposition of investment (4) — — — — — — — — — — — — — — — — — — Gain on sale of fixed assets as a result of sale leaseback — — — — — — — — — — — — — (86) — — — — — Loss on BOLI restructuring — — — — — — — — — — — 7 — — — — — — — Recognition of mortgage servicing asset — — — — — — — — — — (12) — — — — — — — — Fair value adjustment on non-qualified deferred compensation — (6) 1 — — — — — — — — — — — — — — — — Total revenues-TE, excluding above noted adjustments $ 1,318 $ 1,238 $ 1,229 $ 563 $ 559 $ 519 $ 488 $ 487 $ 479 $ 451 $ 428 $ 417 $ 429 $ 424 $ 413 $ 416 $ 422 $ 400 $ 352 Book value per common share $ 91.52 $ 92.96 $ 91.42 $ 87.90 $ 85.60 $ 82.79 $ 81.57 $ 80.46 $ 79.33 $ 77.15 $ 76.23 $ 75.80 $ 73.23 $ 73.32 $ 71.24 $ 69.35 $ 67.07 $ 66.74 $ 66.30 Adjustment due to goodwill, core deposit and other intangible assets $ (29.66) $ (29.94) $ (30.24) $ (24.19) $ (24.07) $ (24.09) $ (24.10) $ (24.22) $ (24.21) $ (24.23) $ (24.25) $ (24.42) $ (24.45) $ (24.47) $ (24.49) $ (24.61) $ (24.63) $ (24.66) $ (24.65) Tangible book value per common share $ 61.86 $ 63.02 $ 61.18 $ 63.71 $ 61.53 $ 58.70 $ 57.47 $ 56.24 $ 55.12 $ 52.92 $ 51.98 $ 51.38 $ 48.78 $ 48.85 $ 46.75 $ 44.74 $ 42.44 $ 42.08 $ 41.65

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