Pinnacle Financial (NASDAQ: PNFP) posts strong Q2 2026 earnings and loan growth

Q: How did Pinnacle Financial (PNFP) perform financially in Q2 2026?

Pinnacle reported net income to common shareholders of $313 million , or $2.07 diluted EPS , for Q2 2026. On an adjusted basis, net income to common was $379 million and adjusted diluted EPS was $2.50 , both higher than first quarter 2026.

Q: What were Pinnacle Financial (PNFP)’s loan and deposit balances at June 30, 2026?

At June 30, 2026, Pinnacle’s period-end loans were $88.1 billion , up 3% from March 31, 2026. Period-end deposits totaled $100.9 billion , a 1% increase from the prior quarter, with non-interest-bearing deposits at $20.7 billion .

Q: How strong were Pinnacle Financial (PNFP)’s credit quality metrics in Q2 2026?

Credit metrics were solid: the quarterly net charge-off ratio was 0.22% , non-performing assets were 0.50% of loans and ORE, and the allowance for credit losses was 1.17% of loans, covering non-performing loans by 248.18% .

Q: What happened to Pinnacle Financial (PNFP)’s net interest margin in Q2 2026?

Pinnacle’s net interest margin was 3.44% in Q2 2026, down from 3.53% in Q1 2026. Management attributed the decline mainly to prior-quarter non-recurring items, modest pressure from lower SOFR loan yields, and increased wholesale funding tied to deposit seasonality.

Q: How did the Synovus merger impact Pinnacle Financial (PNFP)’s Q2 2026 results?

The merger with Synovus closed on January 1, 2026 , so Q2 2026 results reflect the combined organization . Total assets reached $129.1 billion , loans $88.1 billion , and deposits $100.9 billion , with merger-related expenses still affecting reported earnings.

Q: What is Pinnacle Financial (PNFP)’s capital position after Q2 2026?

At June 30, 2026, Pinnacle reported a preliminary Common Equity Tier 1 ratio of 9.93% , a total risk-based capital ratio of 12.35% , a Tier 1 leverage ratio of 8.95% , and a tangible common equity ratio of 7.65% .

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Pinnacle Financial Partners reported strong results for the quarter ended June 30, 2026, its second quarter after closing the merger with Synovus on January 1, 2026. Net income available to common shareholders was $313 million, or $2.07 per diluted share, up sharply from $135 million and $0.89 in the prior quarter. Adjusted net income available to common shareholders was $379 million, or $2.50 per diluted share, compared with $363 million and $2.39 in first quarter 2026.

Total revenue was $1.20 billion, with net interest income of $956 million and non-interest revenue of $247 million; on an adjusted taxable-equivalent basis, revenue was $1.24 billion. Period-end loans reached $88.1 billion, up 3% from the prior quarter, and deposits were $100.9 billion, up 1%. The net interest margin was 3.44%, down from 3.53% in first quarter 2026. Credit metrics remained solid, with a quarterly net charge-off ratio of 0.22%, a non-performing asset ratio of 0.50%, and an allowance for credit losses equal to 1.17% of loans. The preliminary Common Equity Tier 1 capital ratio improved to 9.93% from 9.81%.

Positive

Adjusted diluted EPS rose to $2.50, up 5% from $2.39 in 1Q26 and 25% above $2.00 in 2Q25, reflecting strong post-merger earnings power.
Credit quality remained robust, with a net charge-off ratio of 0.22%, non-performing assets at 0.50% of loans and ORE, and ACL coverage of non-performing loans at 248.18%.

Negative

Net interest margin compressed to 3.44% from 3.53% in 1Q26, as lower SOFR-based loan yields, purchase accounting accretion trends, and seasonal wholesale funding needs weighed on spread.
Non-interest revenue declined 13% sequentially to $247 million, with adjusted non-interest revenue down 4%, driven partly by lower income from the Bankers Healthcare Group equity-method investment and investment securities losses of $29 million.

Filing Explained

At June 30, 2026, the combined company had 151 million common shares, while merger purchase accounting remained preliminary and could still change reported results.

Pinnacle Financial Partners used this Form 8-K to furnish its historical second-quarter results and an investor presentation. The Synovus combination is completed, but purchase-accounting adjustments were still preliminary at June 30, 2026.

The filing shows $666 million of remaining accretable purchase-accounting loan marks, so the accounting effects of the completed combination can still change before the measurement period closes. It also reports 151 million common shares outstanding at June 30 versus 78 million at December 31; a larger issued share base changes the ownership denominator for existing common holders.

Reported results are presented alongside adjusted, non-GAAP measures that exclude items such as merger-related expenses and investment-securities losses; the company says these measures are supplemental and should not replace GAAP results.

The presentation states that no share repurchases are expected in 2026, sets a 10.25% CET1 target, and describes planned debt issuance of about $1 billion per year over a three-year horizon. The next specific milestones are closure of the purchase-accounting measurement period and the systems conversion scheduled for the first quarter of 2027.

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, and exhibit attachments filed with this report.

Key Figures

Net income to common (Q2 2026): $313 million Diluted EPS (Q2 2026): $2.07 Adjusted diluted EPS (Q2 2026): $2.50 +5 more

8 metrics

Net income to common (Q2 2026) $313 million Quarter ended June 30, 2026; up from $135 million in Q1 2026

Diluted EPS (Q2 2026) $2.07 Quarter ended June 30, 2026; up from $0.89 in Q1 2026

Adjusted diluted EPS (Q2 2026) $2.50 Excludes merger-related and other specified items

Total revenue (Q2 2026) $1,203 million Reported total revenue for the quarter ended June 30, 2026

Total loans $88,076 million Period-end balance at June 30, 2026; 3% higher than March 31, 2026

Total deposits $100,898 million Period-end balance at June 30, 2026; 1% higher than March 31, 2026

Net interest margin 3.44% Second quarter 2026 taxable-equivalent net interest margin

Common Equity Tier 1 ratio 9.93% Preliminary CET1 capital ratio at June 30, 2026

Key Terms

net interest margin, non-performing assets, Common Equity Tier 1 (CET1) ratio, adjusted pre-provision net revenue, +1 more

5 terms

net interest margin financial

"On a linked-quarter basis, the net margin declined 9 basis points to 3.44%"

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.

non-performing assets financial

"The non-performing asset ratio was 0.50% at period-end compared to 0.58%"

Loans or other credit exposures that are not producing expected income because borrowers have stopped making scheduled payments for a significant period (commonly around 90 days). Think of it like a business lending money that has gone quiet — the cash flow stops while the lender still carries the debt on its books. High levels of non-performing assets matter to investors because they reduce a lender’s earnings, tie up capital that could be used for growth, and signal higher risk of future losses.

Common Equity Tier 1 (CET1) ratio regulatory

"The preliminary Common Equity Tier 1 (CET1) ratio ended second quarter 2026 at 9.93%"

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.

adjusted pre-provision net revenue financial

"Adjusted pre-provision net revenue (PPNR) is used by management to evaluate PPNR exclusive of items"

A bank metric that measures the money a lender earns from its core business—interest from loans plus fees and other income—after paying regular operating costs but before setting aside funds for expected loan losses. Think of it as a household’s monthly take-home pay after bills but before putting money into a rainy-day savings account; investors use it to judge a bank’s underlying ability to absorb future loan losses and sustain profitability.

Earnings Snapshot

Net income available to common shareholders: $313 million · Guidance included

quarter ended June 30, 2026

Net income available to common shareholders $313 million up 131% from $135 million in 1Q26, as reported in the linked-quarter change table

Diluted earnings per share $2.07 up 133% from $0.89 in 1Q26 and 4% above $2.00 in 2Q25

Adjusted diluted earnings per share $2.50 up 5% from $2.39 in 1Q26 and 25% above $2.00 in 2Q25

Total revenue $1,203 million down 1% from $1,217 million in 1Q26; up from $505 million in 2Q25

Net interest income $956 million up 2% from $933 million in 1Q26 and up from $380 million in 2Q25

Net interest margin 3.44% declined from 3.53% in 1Q26; compared with 3.23% in 2Q25

Guidance

For full-year 2026, the company outlines adjusted revenue TE of $5.00–$5.20 billion, adjusted non-interest expense of $2.675–$2.775 billion, period-end loans ex loan mark of $91.0–$93.0 billion, deposits of $106.5–$108.5 billion, net charge-offs/average loans of 0.20–0.25%, and an adjusted effective tax rate of 20–21%.

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

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Understanding 8-K Material Events →

Available on EDGAR 07/22/2026 - 04:37 PM Accepted by SEC EDGAR 07/22/2026 - 04:36 PM

FAQ

How did Pinnacle Financial (PNFP) perform financially in Q2 2026?

Pinnacle reported net income to common shareholders of $313 million, or $2.07 diluted EPS, for Q2 2026. On an adjusted basis, net income to common was $379 million and adjusted diluted EPS was $2.50, both higher than first quarter 2026.

What were Pinnacle Financial (PNFP)’s loan and deposit balances at June 30, 2026?

At June 30, 2026, Pinnacle’s period-end loans were $88.1 billion, up 3% from March 31, 2026. Period-end deposits totaled $100.9 billion, a 1% increase from the prior quarter, with non-interest-bearing deposits at $20.7 billion.

How strong were Pinnacle Financial (PNFP)’s credit quality metrics in Q2 2026?

Credit metrics were solid: the quarterly net charge-off ratio was 0.22%, non-performing assets were 0.50% of loans and ORE, and the allowance for credit losses was 1.17% of loans, covering non-performing loans by 248.18%.

What happened to Pinnacle Financial (PNFP)’s net interest margin in Q2 2026?

Pinnacle’s net interest margin was 3.44% in Q2 2026, down from 3.53% in Q1 2026. Management attributed the decline mainly to prior-quarter non-recurring items, modest pressure from lower SOFR loan yields, and increased wholesale funding tied to deposit seasonality.

How did the Synovus merger impact Pinnacle Financial (PNFP)’s Q2 2026 results?

The merger with Synovus closed on January 1, 2026, so Q2 2026 results reflect the combined organization. Total assets reached $129.1 billion, loans $88.1 billion, and deposits $100.9 billion, with merger-related expenses still affecting reported earnings.

What is Pinnacle Financial (PNFP)’s capital position after Q2 2026?

At June 30, 2026, Pinnacle reported a preliminary Common Equity Tier 1 ratio of 9.93%, a total risk-based capital ratio of 12.35%, a Tier 1 leverage ratio of 8.95%, and a tangible common equity ratio of 7.65%.

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

July 22, 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 July 22, 2026, Pinnacle Financial Partners, Inc. (the "Company") issued a press release announcing the Company’s financial results for the three and six month period ended June 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 six month period ended June 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 July 22, 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 July 23, 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 July 22, 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: July 22, 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 second quarter 2026

Diluted earnings per share of $2.07 versus $2.00 in 2Q25

Adjusted diluted earnings per share of $2.50 versus $2.00 in 2Q25

ATLANTA, July 22, 2026 - Pinnacle Financial Partners, Inc. (NYSE: PNFP) today reported financial results for the quarter ended June 30, 2026. Net income available to common shareholders was $313 million, or $2.07 per diluted share in second quarter 2026. Excluding merger-related expenses, investment securities losses and certain other items, adjusted net income available to common shareholders was $379 million, or $2.50 per diluted share.

“The Pinnacle model is working. Our second quarter results prove it scales with discipline intact, delivering outsized growth in loans and earnings per share without compromising the culture and client connections that set this firm apart. One year since our merger announcement, we're picking up speed, attracting top talent and deepening our client relationships. The team is executing, and with meaningful work still ahead, I am confident our strategy will continue to deliver, today, next quarter and over the long term,” said Pinnacle President and CEO Kevin Blair.

Second 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 second quarter 2026 and first 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 74 experienced revenue producers during the second quarter, compared to 50 in first quarter 2026 and a combined 65 in the prior-year period.

•Period-end loans were $88.1 billion at June 30, 2026 up $2.9 billion or 3% 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 $100.9 billion, up $795 million or 1% from the prior quarter. Second quarter deposit growth reflects Pinnacle’s historical seasonal growth pattern.

•Net interest income grew 2% to $956 million in second quarter 2026. On a linked-quarter basis, the net margin declined 9 basis points to 3.44%, driven primarily by first quarter non-recurring items, modest pressure from lower SOFR rates on loan yields, and incremental wholesale funding reliance due to deposit seasonality.

•Non-interest revenue was $247 million in second quarter 2026. Excluding investment securities losses and certain other items, adjusted non-interest revenue was $270 million. Linked-quarter adjusted non-interest revenue declined $12 million from the first quarter, driven by a decrease in income from our equity-method investment in BHG which was the result of an intentional shift in placement strategy by BHG during the quarter.

•Non-interest expense was $721 million in second quarter 2026. Excluding merger-related expense and certain other items, adjusted non-interest expense was $662 million, down 2% on a linked-quarter basis, as realized merger synergies and lower personnel costs more than offset continued investments in revenue producers and technology. The efficiency ratio-TE was 59.4% in second quarter 2026, while the adjusted tangible efficiency ratio was 49.8%.

•Credit performance remained strong. The non-performing asset ratio was 0.50% at period-end compared to 0.58% in the prior quarter. The second quarter 2026 net charge-off ratio was 0.22%, which was in line with expectations and compares to 0.23% in first quarter 2026. Provision for credit losses was $63 million in second quarter 2026. The allowance for credit losses ratio (to loans) was 1.17%, while the allowance coverage of non-performing loans was 248.18%. The change in the allowance quarter-over-quarter was driven largely by loan growth offset in part by a decline in reserves for individually analyzed credits.

•The preliminary Common Equity Tier 1 (CET1) ratio ended second quarter 2026 at 9.93%, up from 9.81% in the first quarter.

Second Quarter 2026 Summary


	Reported									Adjusted
(dollars in millions)	2Q26			1Q26			2Q25			2Q26			1Q26			2Q25
Net income available to common shareholders	$	313		$	135		$	155		$	379		$	363		$	155
Diluted earnings per share	2.07			0.89			2.00			2.50			2.39			2.00
Total revenue	1,203			1,217			505			1,238			1,229			518
Total loans	88,076			85,197			37,105			NA			NA			NA
Total deposits	100,898			100,103			45,022			NA			NA			NA
Return on avg assets(1)	1.06		%	0.50		%	1.18		%	1.27		%	1.26		%	1.18		%
Return on avg common equity(1)	9.01			3.96			9.72			10.90			10.65			9.72
Return on avg tangible common equity(1)	14.89			7.58			13.84			17.70			17.69			13.84
Net interest margin(2)	3.44			3.53			3.23			NA			NA			NA
Efficiency ratio-TE(2)(3)	59.4			77.4			55.2			49.8			51.3			54.9
NCO ratio-QTD	0.22			0.23			0.20			NA			NA			NA
NPA ratio	0.50			0.58			0.44			NA			NA			NA
CET1 ratio(4)	9.93			9.81			10.70			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)	2Q26		1Q26		Linked Quarter Change		Linked Quarter % Change
Commercial & industrial	$	51,115	$	48,197	$	2,918	6	%
Commercial real estate	23,595		23,760		(165)		(1)
Consumer	13,366		13,240		126		1
Total loans	$	88,076	$	85,197	$	2,879	3	%

*Amounts may not total due to rounding.


Deposits*

(dollars in millions)	2Q26		1Q26		Linked Quarter Change		Linked Quarter % Change		2Q25		Year/Year Change		Year/Year % Change
Non-interest-bearing DDA	$	20,657	$	20,388	$	269	1	%	$	8,663	$	11,994	138	%
Interest-bearing DDA	28,708		30,666		(1,958)		(6)		14,301		14,407		101
Money market	36,343		34,008		2,335		7		16,329		20,014		123
Savings	1,784		1,865		(81)		(4)		788		996		126
Time deposits	13,406		13,176		230		2		4,941		8,465		171

Total deposits	$	100,898	$	100,103	$	795	1	%	$	45,022	$	55,876	124	%

*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)	2Q26		1Q26		Linked Quarter Change		Linked Quarter % Change		2Q25		Year/Year Change		Year/Year % Change
Net interest income	$	956	$	933	$	23	2	%	$	380	$	575	151	%
Non-interest revenue	247		284		(37)		(13)		125		122		97
Non-interest expense	721		952		(231)		(24)		286		435		152
Provision for (reversal of) credit losses	63		76		(13)		(17)		24		39		160
Income before taxes	$	419	$	189	$	230	121		$	195	$	223	114
Income tax expense (benefit)	91		39		52		133		36		56		156
Net income	328		150		177		118		159		167		104


Less: Preferred stock dividends	15		15		—		(1)		4		11		290
Net income available to common shareholders	$	313	$	135	$	178	131	%	$	155	$	157	101%
Weighted average common shares outstanding, diluted	151,468		151,471		(3)		—		77,277		74,191		96	%
Diluted earnings per share	$	2.07	$	0.89	$	1.18	133		$	2.00	$	0.07	4
Adjusted diluted earnings per share	2.50		2.39		0.11		5		2.00		0.50		25
Effective tax rate	21.7%		20.6%						18.5%

** 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.

Second Quarter 2026 Earnings Webcast and Conference Call

Pinnacle will host a conference call and webcast to discuss second quarter 2026 earnings results with an accompanying slide presentation at 8 a.m. ET on July 23, 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 175220. 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 $129.1 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus 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 (based on June 30, 2025 FDIC market share 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

	Six Months Ended June 30,

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

Interest income	$	3,082		$	1,365		126	%
Interest expense	1,193			619			93

Net interest income	1,889			746			153
Provision for (reversal of) credit losses	139			41			237

Net interest income after provision for credit losses	1,750			705			148

Non-interest revenue:
Core banking fees	184			64			186
Wealth management revenue	169			65			160


Income from equity method investment	55			46			18
Capital markets income	36			6			482
Income from bank-owned life insurance	39			23			70
Investment securities gains (losses), net	(26)			(13)			109
Total loan sales and servicing	19			12			59
Other non-interest revenue	55			18			206

Total non-interest revenue	531			221			139

Non-interest expense:
Salaries and other personnel expense	774			351			120
Net occupancy, equipment, and software expense	199			86			130

Amortization of intangibles	94			3			nm
FDIC insurance and other regulatory fees	43			18			133


Merger-related expense	326			—			nm
Other operating expenses	237			103			131

Total non-interest expense	1,673			561			198

Income before income taxes	608			365			66
Income tax expense	130			66			97

Net income	478			299			59





Less: Preferred stock dividends	30			8			291

Net income available to common shareholders	$	448		$	291		53	%

Net income per common share, basic	$	2.97		$	3.79		(22)	%

Net income per common share, diluted	2.96			3.77			(21)

Cash dividends declared per common share	1.00			0.48			108

Return on average assets *	0.79		%	1.13		%	(34)	bps
Return on average common equity *	6.51			9.26			nm

Weighted average common shares outstanding, basic	151,051			76,809			97	%
Weighted average common shares outstanding, diluted	151,470			77,212			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		Second Quarter

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

	Interest income	$	1,568		1,514			695		125	%
	Interest expense	612			581			315		94

	Net interest income	956			933			380		151
	Provision for (reversal of) credit losses	63			76			24		160

	Net interest income after provision for credit losses	893			857			356		151

	Non-interest revenue:
	Core banking fees	93			91			32		189
	Wealth management revenue	85			84			32		163
	Income from equity method investment	24			31			26		(8)
	Capital markets income	18			18			4		403
	Total loan sales and servicing	9			10			6		65
	Income from bank-owned life insurance	19			20			13		45
	Investment securities gains (losses), net	(29)			3			—		nm
	Other non-interest revenue	28			27			12		129

	Total non-interest revenue	247			284			125		97

	Non-interest expense:
	Salaries and other personnel expense	378			396			180		110
	Net occupancy, equipment, and software expense	102			97			44		133

	Amortization of intangibles	46			48			1		nm
	FDIC insurance and other regulatory fees	20			23			8		167


	Merger-related expense	51			275			—		nm
	Other operating expenses	124			113			53		132

	Total non-interest expense	721			952			286		152

	Income before income taxes	419			189			195		114
	Income tax expense	91			39			36		156

	Net income	328			150			159		104




	Less: Preferred stock dividends	15			15			4		290

	Net income available to common shareholders	$	313		135			155		101	%

	Per share information:
	Net income per common share, basic	$	2.07		0.89			2.01		3	%

	Net income per common share, diluted	2.07			0.89			2.00		4

	Cash dividends declared per common share	0.50			0.50			0.24		108

	Return on average assets *	1.06		%	0.50	%		1.18	%	(12)	bps
	Return on average common equity *	9.01			3.96			9.72		(71)	bps

	Weighted average common shares outstanding, basic	151,104			150,998			76,891		97	%
	Weighted average common shares outstanding, diluted	151,468			151,471			77,277		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

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

	ASSETS
	Cash and due from banks	$	648	$	359	$	377
	Federal funds sold, securities purchased under resale agreements, and interest earning deposits with banks	7,003		3,206		2,612

	Cash, cash equivalents, and restricted cash	7,651		3,565		2,989

	Investment securities held to maturity, net	2,448		2,591		2,688
	Investment securities available for sale	18,153		6,567		6,379
	Loans held for sale (includes $42 million at fair value as of Jun 30, 2026)	651		97		211

	Loans, net of deferred fees and costs	88,076		39,154		37,105
	Allowance for loan losses	(956)		(442)		(422)
	Loans, net	87,120		38,712		36,683

	Premises, equipment, and software, net	903		352		333
	Cash surrender value of bank-owned life insurance	2,200		1,223		1,199
	Goodwill	3,479		1,849		1,849
	Core deposits and other intangible assets, net	1,045		30		19
	Other assets	5,405		2,720		2,451
	Total assets	$	129,055	$	57,706	$	54,801

	LIABILITIES AND EQUITY
	Liabilities:
	Deposits:
	Non-interest-bearing deposits	$	20,657	$	9,051	$	8,663
	Interest-bearing deposits	80,241		38,350		36,359

	Total deposits	100,898		47,401		45,022

	Federal funds purchased and securities sold under repurchase agreements	850		316		258

	FHLB advances and other borrowings	10,253		2,205		2,202
	Other liabilities	2,226		740		682
	Total liabilities	114,227		50,662		48,164

	Equity:
	Shareholders' equity:
	Preferred stock — no par value per share, liquidation preference 225 million non-cumulative perpetual preferred stock
	Authorized — 110 million shares at Jun 30, 2026 and 10 million shares at both Dec 31, 2025 and Jun 30, 2025
	Issued and outstanding —22 million shares at Jun 30, 2026, and 225,000 shares at both Dec 31, 2025 and Jun 30, 2025	781		217		217
	Common stock — $1.00 par value
	Authorized — 360 million shares at Jun 30, 2026 and 180 million shares authorized at both Dec 31, 2025 and Jun 30, 2025
	Issued and outstanding — 151 million shares at Jun 30, 2026 and 78 million shares at both Dec 31, 2025 and Jun 30, 2025	151		78		78
	Additional paid-in capital	10,120		3,144		3,131

	Accumulated other comprehensive income (loss), net	(247)		(123)		(218)
	Retained earnings	4,023		3,728		3,429


	Total equity	14,828		7,044		6,637
	Total liabilities and equity	$	129,055	$	57,706	$	54,801

	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)
	Second Quarter 2026						Second 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)	$	86,406	$	1,317	6.11	%		$	36,968	$	578	6.26	%
Tax-exempt securities(2)(3)	2,536		26		4.03			3,361		32		3.87
Taxable securities(3)	17,720		187		4.22			5,625		67		4.78

Interest-earning deposits with banks	4,975		41		3.30			2,524		26		4.20
Federal funds sold and securities purchased under resale agreements	128		1		5.14			77		2		10.97


Other earning assets(4)	902		8		3.68			253		3		5.16
Total interest earning assets	112,667		1,580		5.62			48,808		708		5.82

Goodwill	3,479							1,849
Core deposits and other intangible assets, net	1,069							21
Other assets(5)	6,972							3,146
Total assets	$	124,187						$	53,824
Liabilities and Equity
Interest-bearing liabilities:
Interest-bearing demand deposits	$	30,025	$	188	2.51	%		$	14,221	$	115	3.23	%
Money market accounts	34,383		229		2.67			16,024		124		3.09
Savings deposits	1,813		2		0.35			792		1		0.43
Time deposits	13,371		115		3.46			4,710		45		3.88

Total interest-bearing deposits	79,592		534		2.69			35,747		285		3.19
Federal funds purchased and securities sold under repurchase agreements	343		1		1.51			256		1		1.92

FHLB advances and other borrowings	6,505		77		4.72			2,266		29		5.21
Total interest-bearing liabilities	86,440		612		2.84			38,269		315		3.30
Non-interest-bearing demand deposits	20,686							8,487
Other liabilities	2,339							466


Total equity	14,722							6,602
Total liabilities and equity	$	124,187						$	53,824
Net interest income and net interest margin, taxable equivalent (2)(6)			$	968	3.44	%				$	393	3.23	%
Less: taxable-equivalent adjustment			12							13
Net interest income			$	956						$	380

(1)Average loans are shown net of unearned income. NPLs are included. Interest income includes fees as follows: Second Quarter 2026 — $22 million, and Second Quarter 2025 — $10 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 $(263) million as a component of other assets for the Second 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)
	Six Months Ended June 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)	$	85,056	$	2,583	6.12	%	$	36,507	$	1,134	6.25	%
Tax-exempt securities(2)(3)	2,938		60		4.01		3,305		62		3.82
Taxable securities(3)	16,785		358		4.26		5,530		129		4.70

Interest-earning deposits with banks	5,098		88		3.49		2,584		55		4.32
Federal funds sold and securities purchased under resale agreements	138		4		5.64		68		4		11.13


Other earning assets(4)	805		15		3.84		254		7		5.11
Total interest earning assets	110,820		$	3,108	5.65	%	48,248		$	1,391	5.81	%

Goodwill	3,529						1,849
Core deposits and other intangible assets, net	1,074						21
Other assets(5)	7,302						3,060
Total assets	$	122,725					$	53,178
Liabilities and Equity
Interest-bearing liabilities:
Interest-bearing demand deposits	$	30,012	$	374	2.51	%	$	14,179	$	226	3.22	%
Money market accounts	33,889		443		2.63		15,784		242		3.09
Savings deposits	1,821		3		0.37		798		2		0.44
Time deposits	13,516		235		3.50		4,521		88		3.94

Total interest-bearing deposits	79,238		1,055		2.68		35,282		558		3.19
Federal funds purchased and securities sold under repurchase agreements	344		2		1.49		243		2		1.86

FHLB advances and other borrowings	5,619		136		4.87		2,286		59		6.23

Total interest-bearing liabilities	85,201		1,193		2.82		37,811		619		3.30
Non-interest-bearing demand deposits	20,479						8,347
Other liabilities	2,390						461


Total equity	14,655						6,559
Total liabilities and equity	$	122,725					$	53,178
Net interest income and net interest margin, taxable equivalent (2)(6)			$	1,915	3.48	%			$	772	3.22	%
Less: taxable-equivalent adjustment			26						26
Net interest income			$	1,889					$	746

(1)Average loans are shown net of unearned income. NPLs are included. Interest income includes fees as follows: 2026 — $37 million and 2025 — $20 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 $(181) 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	June 30, 2026		March 31, 2026		% Change
Commercial, Financial, and Agricultural	$	36,676	$	34,151	7	%
Owner-Occupied	14,439		14,046		3
Total Commercial & Industrial	51,115		48,197		6
Multi-Family	6,592		7,073		(7)
Hotels	2,528		2,554		(1)
Office Buildings	2,684		2,759		(3)
Retail	3,658		3,356		9
Warehouse/Industrial	3,294		3,101		6
Other Investment Property	1,991		2,045		(3)
Total Investment Properties	20,747		20,888		(1)
1-4 Family Construction	772		769		—
1-4 Family Investment Mortgage	1,145		1,166		(2)
Total 1-4 Family Properties	1,917		1,935		(1)
Commercial Development	271		293		(8)
Residential Development	255		377		(32)
Land Acquisition	405		267		52
Land and Development	931		937		(1)
Total Commercial Real Estate	23,595		23,760		(1)
Consumer Mortgages	8,459		8,234		3
Home Equity	3,002		3,157		(5)
Credit Cards	236		227		4
Other Consumer Loans	1,669		1,622		3
Total Consumer	13,366		13,240		1
Total	$	88,076	$	85,197	3	%

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

Loan Type	June 30, 2026		March 31, 2026		% Change
Commercial, Financial, and Agricultural	$	138	$	174	(21)	%
Owner-Occupied	69		74		(7)
Total Commercial & Industrial	207		248		(17)
Multi-Family	35		35		—
Office Buildings	35		34		3
Shopping Centers	2		2		—

Other Investment Property	50		50		—
Total Investment Properties	122		121		1
1-4 Family Construction	1		1		—
1-4 Family Investment Mortgage	1		4		(75)
Total 1-4 Family Properties	2		5		(60)



Land and Development	—		—		nm
Total Commercial Real Estate	124		126		(2)
Consumer Mortgages	64		61		5
Home Equity	16		17		(6)
Other Consumer Loans	4		7		(43)
Total Consumer	84		85		(1)
Total	$	415	$	459	(10)	%

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	Second Quarter

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

	Non-performing Loans (NPLs)	$	415		459	157	164	%

	Other Real Estate and Other Assets	29			32	5	480

	Non-performing Assets (NPAs)	444			491	162	174

	Allowance for Loan Losses (ALL)	956			942	422	127
	Reserve for Unfunded Commitments	73			72	13	462

	Allowance for Credit Losses (ACL)	1,029			1,014	435	137

	Net Charge-Offs - Quarter	48			49	19
	Net Charge-Offs - YTD	97			49	33
	Net Charge-Offs / Average Loans - Quarter (1)	0.22		%	0.23	0.20
	Net Charge-Offs / Average Loans - YTD (1)	0.23			0.23	0.18
	NPLs / Loans	0.47			0.54	0.42
	NPAs / Loans, ORE and specific other assets	0.50			0.58	0.44
	ACL/Loans	1.17			1.19	1.17
	ALL/Loans	1.09			1.11	1.14

	ACL/NPLs	248.18			221.03	277.05
	ALL/NPLs	230.52			205.21	268.58

	Past Due Loans over 90 days and Still Accruing	$	9		8	5	80
	As a Percentage of Loans Outstanding	0.01		%	0.01	0.01

	Total Past Due Loans and Still Accruing	$	127		117	53	140
	As a Percentage of Loans Outstanding	0.14		%	0.14	0.14

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

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

	Common Equity Tier 1 Capital Ratio	9.93		%	10.88
	Tier 1 Capital Ratio	10.71			11.34
	Total Risk-Based Capital Ratio	12.35			12.97
	Tier 1 Leverage Ratio	8.95			9.57
	Total Equity as a Percentage of Total Assets	11.49			12.21
	Tangible Common Equity Ratio (2)	7.65			8.86
	Book Value Per Common Share (3)	92.96			87.90
	Tangible Book Value Per Common Share (4)	63.02			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, 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)	2Q26		1Q26		2Q25

Adjusted non-interest revenue
Total non-interest revenue	$	247	$	284	$	125
Investment securities (gains) losses, net	29		(3)		—



Fair value adjustment on non-qualified deferred compensation	(6)		1		—
Adjusted non-interest revenue	$	270	$	282	$	125

Adjusted non-interest expense
Total non-interest expense	$	721	$	952	$	286



Merger-related expense	(51)		(275)		—


Valuation adjustment to Visa derivative	(2)		(1)		—
Fair value adjustment on non-qualified deferred compensation	(6)		1		—
Adjusted non-interest expense	$	662	$	677	$	286


Reconciliation of Non-GAAP Financial Measures, continued

(dollars in millions)	2Q26			1Q26			2Q25
Adjusted revenue (TE) and tangible efficiency ratio
Adjusted non-interest expense	$	662		$	677		$	286
Amortization of intangibles	(46)			(48)			(1)
Adjusted tangible non-interest expense	$	616		$	629		$	285

Net interest income	$	956		$	933		$	380
Tax equivalent adjustment	12			14			13
Net interest income (TE)	968			947			393

Net interest income	$	956		$	933		$	380
Total non-interest revenue	247			284			125
Total revenue	$	1,203		$	1,217		$	505
Tax equivalent adjustment	12			14			13
Total TE revenue	1,215			1,231			518


Investment securities losses (gains), net	29			(3)			—

Fair value adjustment on non-qualified deferred compensation	(6)			1			—
Adjusted revenue (TE)	$	1,238		$	1,229		$	518
Efficiency ratio-TE (1)	59.4		%	77.4		%	55.2		%
Adjusted tangible efficiency ratio (1)	49.8			51.3			54.9

Adjusted pre-provision net revenue
Net interest income	$	956		$	933		$	380
Total non-interest revenue	247			284			125
Total non-interest expense	(721)			(952)			(286)
Pre-provision net revenue (PPNR)	$	482		$	265		$	219

Adjusted revenue (TE)	$	1,238		$	1,229		$	518
Adjusted non-interest expense	(662)			(677)			(286)
Adjusted PPNR	$	576		$	552		$	232

(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)	2Q26			1Q26			2Q25
Adjusted return on average assets (annualized)
Net income	$	328		$	150		$	159







Valuation adjustment to Visa derivative	2			1			—
Investment securities losses (gains), net	29			(3)			—
Merger-related expense (1)	51			275			—

Tax effect of adjustments (2)	(16)			(45)			—
Adjusted net income	$	394		$	378		$	159
Net income annualized (3)	$	1,316		$	608		$	638
Adjusted net income annualized (3)	$	1,580		$	1,531		$	638
Total average assets	$	124,187		$	121,247		$	53,824
Return on average assets (annualized) (3)	1.06		%	0.50		%	1.18		%
Adjusted return on average assets (annualized) (3)	1.27			1.26			1.18




Adjusted net income available to common shareholders and adjusted diluted earnings per share
Net income available to common shareholders	$	313		$	135		$	155







Valuation adjustment to Visa derivative	2			1			—
Investment securities losses (gains), net	29			(3)			—
Merger-related expense (1)	51			275			—

Tax effect of adjustments (2)	(16)			(45)			—
Adjusted net income available to common shareholders	$	379		$	363		$	155
Weighted average common shares outstanding, diluted	151,468			151,471			77,277
Diluted earnings per share (3)	$	2.07		$	0.89		$	2.00
Adjusted diluted earnings per share (3)	2.50			2.39			2.00
(1) A portion of this item was non-taxable.
(2) A blended tax rate of 16.4% 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)	2Q26			1Q26			2Q25
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	$	313		$	135		$	155







Valuation adjustment to Visa derivative	2			1			—
Investment securities losses (gains), net	29			(3)			—
Merger-related expense (1)	51			275			—

Tax effect of adjustments (2)	(16)			(45)			—
Adjusted net income available to common shareholders	$	379		$	363		$	155

Adjusted net income available to common shareholders annualized (3)	$	1,520		$	1,471		$	622
Amortization of intangibles, tax effected, annualized (2)(3)	142			147			4
Adjusted net income available to common shareholders excluding amortization of intangibles annualized (3)	$	1,662		$	1,618		$	626

Net income available to common shareholders annualized (3)	$	1,255		$	546		$	622
Amortization of intangibles, tax effected, annualized (2)	142			147			4
Net income available to common shareholders excluding amortization of intangibles annualized (3)	$	1,397		$	693		$	626

Total average shareholders' equity less preferred stock	$	13,941		$	13,805		$	6,385
Average goodwill	(3,479)			(3,583)			(1,849)
Average other intangible assets, net	(1,069)			(1,079)			(21)
Total average tangible shareholders' equity less preferred stock	$	9,393		$	9,143		$	4,515
Return on average common equity (annualized) (3)	9.01		%	3.96		%	9.72		%
Adjusted return on average common equity (annualized) (3)	10.90			10.65			9.72
Return on average tangible common equity (annualized) (3)	14.89			7.58			13.84
Adjusted return on average tangible common equity (annualized) (3)	17.70			17.69			13.84

(1) A portion of this item was non-taxable.
(2) A blended tax rate of 16.4% 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)	June 30, 2026			December 31, 2025			June 30, 2025


Tangible common equity ratio
Total assets	$	129,055		$	57,706		$	54,801
Goodwill	(3,479)			(1,849)			(1,849)
Core deposits and other intangible assets, net	(1,045)			(30)			(19)
Tangible assets	$	124,531		$	55,827		$	52,933

Total equity	$	14,828		$	7,044		$	6,637
Goodwill	(3,479)			(1,849)			(1,849)
Core deposits and other intangible assets, net	(1,045)			(30)			(19)
Preferred Stock, no par value	(781)			(217)			(217)
Tangible common equity	$	9,523		$	4,948		$	4,552
Total equity to total assets ratio (1)	11.49		%	12.21		%	12.11		%
Tangible common equity ratio (1)	7.65			8.86			8.60

Tangible common equity	$	9,523		$	4,948		$	4,552
Common shares outstanding	151,111			77,662			77,548
Book value per common share (1)	$	92.96		87.90			82.79
Tangible book value per common share (1)	$	63.02		$	63.71		$	58.70

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

Earnings Results Second Quarter 2026 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; 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; tangible book value per common 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 average common equity; total non-interest revenue; total revenue; 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 and adjusted total revenue TE are measures used by management to evaluate non-interest revenue and total revenue 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 June 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 June 30, 2026, preliminary remaining accretable purchase accounting loan marks are $666 million as shown in this slide presentation.

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

5 The Pinnacle Model: A Self-Reinforcing Growth Flywheel An Economically Resilient Growth Model 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 ATTRACT Be the best place to work Fortune #3 · 93% engagement HIRE Land experienced producers Avg 18 yrs experience GROW Migrate Business Significant future growth already embedded ALIGN Drive collaboration & EPS focus ~8,500 employees · 1 core incentive plan OUTPERFORM Reach #1 in growth & returns THE PINNACLE FLYWHEEL Compounds every cycle 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; (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 On Pace for 225-250 New Producers in 2026

6 230 217 250 275 Combined Legacy PNFP-SNV PNFP 2024A 2025A 2026E 2027E 50 74 34 Hiring leads to sustainable, best in class, long-term growth: Revenue Producer Hiring Accelerates in Second Quarter 225-250 250-275 12-14% GROSS NEW HIRES 6-7% TURNOVER RATE 6-7% NET PRODUCER GROWTH 3-6% FROM EXISTING PRODUCERS 9-13% BALANCE SHEET GROWTH - = + = Note: The Legacy PNFP-SNV merger closed on January 1, 2026; (1) Represents new hires or accepted offers July 1-15, 2026. FY 2026 Progress to Target 250 Annual Hiring Targets 0 63% of Goal (1)

7 ($ in millions, except per share data) 2Q26 % Change QoQ Net Interest Income $956 2% Provision for Credit Losses $63 (17)% Non-Interest Revenue $247 (13)% Total Revenue $1,203 (1)% Non-Interest Expense $721 (24)% Pre-Provision Net Revenue $482 82% Net Income Available to Common Shareholders $313 131% Diluted EPS $2.07 133% (1) Non-GAAP financial measures; see appendix for applicable reconciliations; (2) TE - Taxable Equivalent Second Quarter 2026 Financial Performance ($ in millions, except per share data) 2Q26 % Change QoQ Net Interest Income (TE)(2) $968 2% Provision for Credit Losses $63 (17)% Adjusted Non-Interest Revenue $270 (4)% Adjusted Total Revenue (TE)(2) $1,238 1% Adjusted Non-Interest Expense $662 (2)% Adjusted Pre-Provision Net Revenue $576 4% Adjusted Net Income Available to Common Shareholders $379 4% Adjusted Diluted EPS $2.50 5% Strong earnings per share Income Statement Summary (GAAP) Income Statement Summary (Adjusted)(1) $2.07 2Q26 DILUTED EPS $2.50 2Q26 ADJUSTED DILUTED EPS(1)

8 ($ in millions) 2Q26 % Change QoQ Loans $88,076 3% Deposits $100,898 1% Core Deposits(1) $91,795 0% Non-Interest Bearing Deposits $20,224 1% (1) Core Deposits exclude non-ICS brokered deposits; (2) Annualized; (3) Non-GAAP financial measure; see appendix for applicable reconciliation; (4) TE - Taxable Equivalent; (5) 2Q26 capital ratios are preliminary Second Quarter 2026 Financial Performance 2Q26 1Q26 ROAA(2) 1.06% 0.50% Adjusted ROAA(2)(3) 1.27% 1.26% ROCE(2) 9.0% 4.0% Adjusted ROCE(2)(3) 10.9% 10.6% ROTCE(2)(3) 14.9% 7.6% Adjusted ROTCE(2)(3) 17.7% 17.7% Net Interest Margin(2) 3.44% 3.53% Efficiency Ratio - TE(4) 59.4% 77.4% Adjusted Efficiency Ratio(2)(3) 49.8% 51.3% 2Q26 1Q26 NCOs/Average Loans(2) 0.22% 0.23% NPLs/Loans 0.47% 0.54% Allowance for Credit Losses % 1.17% 1.19% CET1 Ratio(5) 9.93% 9.81% Healthy linked quarter balance sheet growth Sound credit quality & capital Period End Balance Sheet Growth Profitability Metrics Credit & Capital Metrics 14% QoQ ANNUALIZED LOAN GROWTH 14.9% / 17.7% ROTCE / ADJUSTED ROTCE(2)(3) 0.22% NCOs(2) / AVERAGE LOANS

9 1 Year Since Synovus Merger Announcement Two quarters in, this merger is performing exactly as we designed it. Integration is running ahead of plan, we're on pace to deliver planned cost savings and revenue synergies, and we remain firmly on track for our systems conversion in the first quarter of 2027. Our people are engaged, our recruiting engine hasn't missed a beat, and our clients are seeing the benefits of a bigger, more capable franchise. PERFORMANCE SCOREBOARD 6 MONTHS POST-CLOSE “ Kevin Blair Chief Executive Officer FINANCIALTEAM CLIENT INTEGRATION 19% Adjusted EPS Accretion(4) vs Pre-Announcement Consensus 12% Annualized Loan Growth YTD(5) vs Combined 94% Revenue Producer Retention(1) Excl. synergies 124 New Producers Added Since Close(1) #1 Client NPS Ranking Maintained(2) Among peers 14% Net Business Momentum(2)(3) vs. peer median of 5% ✓ ON TRACK Systems Conversion Scheduled for 1Q 2027 ✓ IN-LINE Revenue & Cost Synergies + Merger Costs Tracking per plan (1) Source: PNFP internal data; retention excludes synergies; (2) Coalition Greenwich Voice of Client – 2026 US Commercial Banking Study (Pinnacle Financial Footprint $1–500MM, Q1 2026 R4Q, Banking). Peer group is comprised of the 8 largest banks within Pinnacle’s footprint as measured by customer market share; (3) Net Business Momentum defined as the net of clients surveyed that expect to give Pinnacle more business versus less business; (4) GAAP equivalent accretion is (28)%; Non-GAAP financial measure; represents YTD adjusted EPS versus Visible Alpha consensus as of June 1, 2025; (5) YTD annualized growth compared to combined Legacy PNFP and SNV balances at December 31, 2025, and excludes purchase accounting loan mark

10 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 $— $500 $1,000 $1,500 Adjusted Diluted EPS 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 $0.50 $1.00 $1.50 $2.00 $2.50 Tangible Book Value Per Share 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 $25 $30 $35 $40 $45 $50 $55 $60 $65 Book Value Per Common Share 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 $50 $55 $60 $65 $70 $75 $80 $85 $90 $95 Diluted Reported EPS 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 $— $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 June 30, 2026 and are subject to change until the measurement period is closed; All CAGR information reflects 1Q22-2Q26 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 and 2Q26 Reflect the Combined Organization CAGR: 6% CAGR: 1 0% CAGR : 10% CAGR: 8% 2Q26: $1,203 2Q26: $2.07 2Q26: $93 2Q26: $1,238 2Q26: $2.50 2Q26: $63 Reported Revenue (in millions) Adjusted Revenue TE(1)(2) (in millions)

11 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 4Q 25 C 1Q 26 2Q 26 $— $50 $100 NPAs/Loans + ORE 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 4Q 25 C 1Q 26 2Q 26 0.20% 0.40% 0.60% 0.80% 1.00% NCOs/Average Loans 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 4Q 25 C 1Q 26 2Q 26 —% 0.10% 0.20% 0.30% 0.40% 0.50% Common Equity Tier 1 Ratio 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 —% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 4Q 25 C 1Q 26 2Q 26 $— $50 $100 Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 30, 2026 and are subject to change until the measurement period is closed; (1) 4Q25C reflects combined Legacy PNFP and SNV 4Q25 period-end loans, period-end deposits, revenue producer hires, NCOs/average loans and NPAs/loans + ORE for 4Q25 Our Focus is Unchanged 1Q22-4Q25 Results Reflect Legacy PNFP, While 4Q25C, 1Q26 and 2Q26 Reflect the Combined Organization Revenue Producer Hires 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 4Q 25 C 1Q 26 2Q 26 10 20 30 40 50 60 70 80 (1) (1) (1) 2Q26: $88.1 2Q26: 9.93% 2Q26: 0.22% 2Q26: $100.9 2Q26: 74 2Q26: 0.50% Period-End Deposits(1) ($ in billions) Period-End Loans(1) ($ in billions)

Financial Performance

13 $85,197 $2,690 $(114) $289 $14 $88,076 1Q26 C&I CRE Consumer Other 2Q26 Loans Period-End Organic Loan Growth Attribution(2) ($ in millions) Period-End Loans ($ in millions) • 2Q26 period-end loan growth was $2.9B or 14% annualized • Growth was diverse across geographies, specialty lines and asset classes • 2Q26 new funded loan production was up over 20% on a linked quarter basis while yields and spreads on new originations were relatively stable • C&I utilization rate increased 1.3% linked quarter supporting ~$350MM of 2Q loan growth(1) 14% Annualized QoQ Growth (2) Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 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 1Q26; (2) Other inclusive of loan mark accretion of $28MM and unearned fee change of $(14)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 committed production H i g h l i g h t s $85,197 $1,293 $1,557 $28 $88,076 1Q26 Geography Specialty and Other Loan Mark Accretion Total 2.47% 2.49% Funded Production WA Variable Spread Commercial Loans 1Q26 2Q26 $0B $3B $6B Funded Production and Loan Spreads ($ in billions) (4)(3)

14 Quarterly Deposit Production Trends ($ in billions) • More moderate deposit growth was consistent with expected seasonal patterns ◦ New deposit production increased approximately 20% on a linked quarter basis, offset by seasonal outflows from existing accounts ◦ Excluding Public Funds, Core Deposits(1) grew $963MM QoQ Normalized Core Deposit Growth(1)(2) $100,103 $819 $269 $(24) $(821) $552 $100,898 1Q26 MMA and Savings Non- Interest Bearing Time Interest- Bearing DDA Non-Core Deposits 2Q26 Deposits Period-End Deposits ($ in millions) Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 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 non- ICS brokered deposits; (2) Includes SNV and Legacy PNFP period-end combined core deposits; (3) Change in existing accounts includes balance fluctuations and account closures 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% Prior Year End 1Q 2Q 3Q 4Q New Production Change in Existing Accounts 1Q26 2Q26 -5 0 5 (3) $243MM QoQ Core Deposit(1) Growth

15 $408 $933 $956 3.27% 3.53% 3.44% Net Interest Income Net Interest Margin 4Q25 1Q26 2Q26 Net Interest Income 3.53% (0.02)% (0.01)% (0.03)% (0.02)% (0.01)% 3.44% 1Q26 NIM 1Q Non- Recurring Daycount Marginal Wholesale Funding Loan Yields Debt Issuance 2Q26 NIM Net Interest Margin (NIM) Attribution Net Interest Income and Net Interest Margin ($ in millions) Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 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 2% QoQ or 10% annualized • Linked-quarter NIM decline to 3.44% primarily driven by non-recurring items, modest pressure from lower SOFR rates and PAA on loan yields, and incremental wholesale funding reliance due to deposit seasonality • Deposit cost relatively stable at 2.14% H i g h l i g h t s 6.14% 6.11% 2.13% 2.14% Loan Yields Total Deposit Cost 1Q26 2Q26 Loan Yields and Deposit Costs Non-Recurring/ Seasonal

16 Non-Interest Revenue ($ in millions) 2Q26 QoQ % Change Core Banking Fees $93 3 % Wealth Management Fees(2) $85 — % Loan Sales and Servicing Fees $9 (8) % Capital Markets Income $18 3 % Income from BHG Investment $24 (23) % BOLI $19 (5) % Investments Gains (Losses), Net $(29) nm Other Non-Interest Revenue $28 5 % Total Non-Interest Revenue $247 (13) % Investments (Gains) Losses, Net $29 nm Fair value adjustment on non-qualified deferred compensation $(6) nm Adjusted Non-Interest Revenue(4) $270 (4) % Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 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 2Q26 Overview in appendix for additional details; (4) Non-GAAP financial measure YoY • On a combined basis, Core Banking Fees, Wealth Management and Capital Markets collectively exhibited double-digit YoY growth • Capital Markets exhibited another exceptionally strong quarter as strong loan production and revenue synergies drove 20% YoY growth on a combined basis(1) QoQ • Decline in BHG investment income consistent with guidance and reflects intentional shift in placement strategy(3) • Other Income, net of adjusted items, was down QoQ as a result of lower equity investment income (ex BHG) and ancillary third-party sponsorship revenue • Investment losses were a result of previously disclosed liquidity strategies Non-Interest Revenue H i g h l i g h t s

17 Non-Interest Expense ($ in millions) 2Q26 QoQ % Change Employment Expense $378 (5) % Occupancy, Equipment and Software Expense 102 5 % Amortization of Intangibles 46 (4) % Merger-Related Expense 51 (81) % FDIC insurance and other regulatory fees 20 (11) % Other Noninterest Expense 124 9 % Total Non-interest Expense $721 (24) % Merger-Related Expense (51) (81) % Valuation adjustment to Visa derivative (2) 105 % Fair value adjustment on non-qualified deferred compensation (6) nm Adjusted Non-interest Expense(1) $662 (2) % Efficiency Ratio - TE 59.4 % (23) % Adjusted Tangible Efficiency Ratio(1) 49.8 % (3) % Headcount (FTE) 8,490 — % • Lower QoQ employment expense a result of elevated 1Q26 seasonal costs • Headcount was relatively flat QoQ as merger-related synergies were offset by growth related hiring • Occupancy, Equipment and Software expense increased QoQ primarily due to increased software related costs • Software costs will be offset as merger-related synergies are realized • Merger-related expense synergy program tracking well towards initial modeling assumption of 40% of $250MM program recognized in 2026 • Merger-related expenses of $51MM in 2Q26 continue to track in line with expectations at merger announcement Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 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 Legacy PNFP Synovus Pinnacle 2Q25 3Q25 4Q25 1Q26 2Q26 —% 0.20% 0.40% Legacy PNFP Synovus Pinnacle 2Q25 3Q25 4Q25 1Q26 2Q26 —% 0.50% 1.00% • NCOs/Average Loans were 0.22% in 2Q26, in line with expectations • Asset quality remained stable; NPAs as a percentage of loans & ORE declined 8 bps to 0.50% QoQ, reflecting continued resolution of legacy criticized credits • The criticized and classified loan portfolio declined 22 bps QoQ, driven by successful exits of three relationships totaling $57MM • Early-stage delinquencies (30–89 days) remained low and consistent QoQ at 14 bps • ACL coverage of NPLs increased to 248% from 221% QoQ, as the allowance balance remained stable while nonperforming loans declined — reflecting improving underlying credit quality 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 June 30, 2026 and are subject to change until the measurement period is closed H i g h l i g h t s

19 Capital 10.74% 10.83% 10.88% 9.81% 9.93% Common Equity Tier 1 Tier 1 Tier 2 2Q25 3Q25 4Q25 1Q26 2Q26 Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding; (1) 2Q26 capital ratios are preliminary; (2) Includes various items related to data and regulatory interpretive alignment which impacted risk weights for certain exposures (1) Capital Ratios at June 30, 2026(1) (2Q25-4Q25 ratios are for Legacy PNFP only) Common Equity Tier 1 Ratio(1) 9.81% 0.38% (0.07)% (0.08)% (0.27)% 0.05% 0.09% 0.02% 9.93% 1Q26 Net Income to Common (Adjusted) Adjusted Items Common Dividend RWA Growth Intangibles RWA Other Adjustments Other 2Q26 (Second Quarter 2026 CET1 Ratio Change) • The CET1 Ratio(1) increased 12 bps to 9.93%; Total Risk Based Capital Ratio(1) relatively stable at 12.35% • 10.25% CET1 target, with a continued priority of deploying capital to support organic growth • No share repurchases expected in 2026 11.23% 13.02% 11.30% 12.94% 11.34% 12.97% 10.62% 12.34% H i g h l i g h t s 10.71% 12.35% (2) (1)

20 Estimated Fully Phased CET1 Ratio Comparison(1) (1) Peers include CFG, FCNC.A, FITB, HBAN, KEY, MTB, PNC, RF, TFC, and WAL; Fully Phased CET1 = June 30, 2026 reported CET1 + impacts as individually disclosed [Basel III Endgame (March 2026 NPR) RWA benefit (standardized approach) + AOCI impact from removing the Cat III/IV AOCI opt-out]; midpoints used if range presented (2) PNFP CET1 is estimated, based on preliminary analysis of the proposed regulatory guidance; actual results may differ 9.8% 10.0% 10.2% 10.3% 10.4% 10.4% 11.0% 11.3% 11.7% Estimated Fully Phased CET1 Stated CET1 Target Peer 1 Peer 2 Peer 3 PNFP Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Brings CET1 in line with 10.25% target and estimated peer median as of 6/30/26 (2)

2026 Outlook

22 Normalized at Close +10% Loan Growth Additional +1% Growth Cat IV Liquidity Fixed Rate Asset Repricing 2026 Year End NIM 3.40–3.45% 3.44–3.47% Net Interest Income Growth vs Margin Compression Quarterly Net Interest Income (TE) Actual Outlook (range) $947MM 1Q26A $968MM +2.2% QoQ 2Q26A $990–$1,005MM ≈ +2-4% QoQ 3Q26E $1,010–$1,030MM ≈ +1-3% QoQ 4Q26E Net interest margin (TE) 3.53% 3.44% 2H26E FY2026E Illustrative NIM roll-forward to year-end 2026 Key takeaways • Sustained NII growth is volume-driven: steady earning-asset expansion is what carries NII higher quarter after quarter • Core pricing held: portfolio loan yields ~6.11% and deposit costs ~2.14%; loan production spreads widened QoQ while deposit production costs were relatively stable • Marginal loan growth beyond 10% provides tailwind to NII but results in added margin pressure given higher cost of incremental funding (1) Non-GAAP financial measure; see appendix for applicable reconciliation; 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. Sustained quarterly NII growth averaging ~2.5% in second half 2026 3.50% -2 to -4 bps -1 to -3 bps -3 to -5 bps +2 to +4 bps ~3.40 to 3.45% (1) (1) (2) (3)

23 2026 Outlook Update Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 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 Change to Prior G uidance 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 On track for 8% - 10%, or ~$8B - 10B of total deposit growth Adjusted Revenue TE(1)(2) $5.00B - $5.20B Trending to $5.05B - $5.10B of total revenue • Assumes FY NIM of 3.44% - 3.47%; assumes no FOMC action through 2026 • Assumes 2026 adjusted non-interest revenue(1) of $1.125B - $1.145B – Forecasted BHG Investment income of $110MM-$120MM – Strong growth in core client income + ancillary third party sponsorship revenue contributing to increased fee income expectations Adjusted Non- Interest Expense(1) $2.675B - $2.775B Trending to midpoint of expected range • Increases in costs directly associated with increased third party sponsorship income driving overall higher FY expense expectations 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, inclusive of 2Q municipal bond sale

Appendix

25 Period-End Loan and Deposit Growth 2Q26 Period-End Loans 2Q26 Period-End Deposits ($ In millions) 2Q26 QoQ $ Change QoQ % Change YTD % Change 2Q26 QoQ $ Change QoQ % Change YTD % Change Tennessee/Kentucky $16,667 $571 4% 5% $25,639 $159 1% 4% Carolinas/Virginia/Washington, DC $15,863 $474 3% 5% $18,684 $602 3% 8% Georgia $15,427 $293 2% 4% $20,816 $35 —% —% South Florida/Greater Florida $9,813 $(117) (1)% 1% $10,495 $(457) (4)% (2)% Alabama/Florida Panhandle $5,791 $74 1% 2% $8,321 $165 2% 4% Total Geographies $63,561 $1,294 2% 4% $83,955 $504 1% 3% Specialty Lines of Business(1) $23,053 $1,726 8% 13% $4,405 $259 6% 9% Other(2) $2,127 $(170) NM (11)% $12,538 $32 —% (3)% Total (Excluding PAA)(3) $88,742 $2,850 3% 6% $100,898 $795 1% 2% Accretable Purchase Accounting Loan Mark(4) $(666) $(28) (4)% NM $— $— N/A N/A Total $88,076 $2,878 3% 5% $100,898 $795 1% 2% Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting adjustments are preliminary as of June 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding; (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

26 Deposit Mix and Rate Overview 2Q26 1Q26 2Q26 Average Rate % of Total 1Q26 Average Rate % of Total Non-interest Bearing -- 21% -- 21% Interest-Bearing Interest Bearing Demand 2.51% 30% 2.51% 30% Savings 0.35% 2% 0.40% 2% Money Market 2.67% 34% 2.59% 34% Time 3.46% 13% 3.53% 14% Total Interest-Bearing Deposits 2.69% 79% 2.68% 80% Total Deposits 2.14% 100% 2.13% 100%

27 Earning Asset Composition and NII Sensitivity (at June 30, 2026) Note: Amounts may not add up due to rounding; (1) NII sensitivity estimates reflect a static balance sheet; beta sensitivity estimates represent approximations, based on total deposit cost betas 68% 32% Fixed-Rate Variable-Rate Loan Portfolio Fixed-Rate/Variable-Rate Mix 12-Month Estimated Net Interest Income Sensitivity(1) + 100 Bps +2.2% - 100 Bps -1.7% Parallel Rate Impact

28 Securities and Liquidity Overview (at June 30, 2026) Note: Amounts may not add up due to rounding. (1) Est. Taxable Equivalent Yield, as of June 2026; (2) Net duration is inclusive of fair value hedges on AFS securities; (3) Additional collateral pledged effective 7/15, with an as of date of June 30, 2026; (4) Equals uninsured deposits minus collateralized Focus on liquidity, earnings and rate risk management $20.9B Portfolio Book Value ~3.1 Net Duration(2) Gross Duration 3.9 ~4.20% Book Yield – TEY(1) Inclusive of AFS hedges Notable Liquidity Sources ($ in billions) FRB Cash $6.8 FHLB Capacity $5.6 Unencumbered Securities $12.9 Discount Window Capacity $7.2 Total $32.5 Incremental Discount Window Capacity(3) $6.6 Total $39.1 Securities Portfolio Breakout Insured 50% Uninsured (ex. Coll.)(4) 39% Collateralized 11% Total Deposits: $101B Sector Allocations Other, 3% +6% QoQ

29 • Receive-fixed Cash Flow swaps against loans: $2.50B notional • Converts floating-rate loan exposure to fixed and locking in net interest margin for down rate protection • Interest rate options: ~$8.25B effective notional (as of 4Q26) • 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 & minimize capital volatility Next 4 Quarters Strategy 3Q26 4Q26 1Q27 2Q27 Receive-Fixed Swaps (CF) $2.50B $2.50B $2.50B $2.50B Avg. Rate - RF CF Swaps 3.28% 3.28% 3.28% 3.28% Next 4 Quarters Strategy Apprx. Strike(2) 3Q26 4Q26 1Q27 2Q27 Floors 2.70% $3.12B $3.12B $4.12B $4.12B Collars 4.45%/6.85% $875M $875M $875M $875M Caps 3.60% $3.75B $4.25B $4.25B $4.25B Cash Flow Hedge Portfolio (Avg. Notional) ($ 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) Projected effective strikes as of 4Q26 H i g h l i g h t s (1)

30 Allowance for Credit Losses ($ in millions) $1,014 $1 $8 $24 $(18) $1,029 1Q26 Economic Forecast Qualitative Net Growth Individual 2Q26 1.19% 1.17% Economic Scenario Assumptions and Weightings Note: The Legacy PNFP-SNV merger closed on January 1, 2026 and all purchase accounting amounts are preliminary as of June 30, 2026 and are subject to change until the measurement period is closed; Amounts may not add up due to rounding; (1) Upside refers to Moody's June 2026 "S1" Upside 10th Percentile scenario; (2) Downside refers to Moody's June 2026 "S3" Downside 10th Percentile scenario; (3) Slow Growth refers to Moody's June 2026 "S5" Slow Growth; (4) Corresponds to Moody's June 2026 scenarios 2Q26 Change from 2026(4) 2027(4) Scenario Model Weighting Previous Quarter GDP Unemployment GDP Unemployment Consensus Baseline 50% —% 2.1% 4.3% 2.0% 4.3% Upside(1) 10% —% 2.4% 4.0% 3.0% 3.6% Downside(2) 20% —% 1.1% 5.4% (1.6)% 8.3% Slow Growth(3) 20% —% 1.9% 4.5% 1.1% 5.6% Weighted Average 1.9% 4.5% 1.2% 5.3% ACL/Loans:

31 Consumer Portfolio $13.4B CRE Portfolio $23.6B C&I Portfolio $51.1B 2Q26 Portfolio Characteristics C&I CRE Consumer NPL Ratio 0.40% 0.52% 0.63% QTD Net Charge-off Ratio (annualized) 0.29% 0.01% 0.35% 30+ Days Past Due Ratio 0.10% 0.07% 0.44% 90+ Days Past Due Ratio 0.01% 0.01% 0.01% Amounts may not add up due to rounding Loan Portfolio by Category 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 Highly Diverse Loan Portfolio • C&I portfolio is well-diversified among multiple lines-of-business • Diverse C&I industry mix aligned with economic and demographic drivers • SNCs total $11.1B, ~7.5% of which is agented by PNFP • Leveraged loans total $4.7B • 88% are income-producing properties • Diversity among property types and geographies • 83% of NPL balance comprised of 3 credits (1 Senior Housing, 1 Office and 1 Multi-Family) • 86% of Consumer loans secured by real estate • Consumer portfolio credit quality remains healthy

32 10% 4% 4% 4% 3% 3% 3% 3% Finance/Insurance Senior Housing Retail Trade Accommodations & Food Services Lessors of Real Estate Wholesale Trade Healthcare and Social Assistance Manufacturing Portfolio Characteristics 2Q26 NPL Ratio 0.40% Net Charge-off Ratio (annualized) 0.29% 30+ Days Past Due Ratio 0.10% 90+ Days Past Due Ratio 0.01% Largest C&I Industry Concentrations as a % of Total Loans at June 30, 2026 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 (1) (1) Commercial and Industrial Loan Portfolio

33 Commercial Real Estate Loan Portfolio CRE Concentrations as a % of Total Loans at June 30, 2026 INVESTMENT PROPERTIES LAND, DEVELOPMENT AND RESIDENTIAL PROPERTIES Portfolio Characteristics (as of June 30, 2026) Office Building Multi-Family Retail Hotels Other Investment Properties Warehouse/ Industrial Residential Properties(1) Development & Land Balance (in millions) $2,684 $6,592 $3,658 $2,528 $1,992 $3,294 $1,917 $931 Weighted Average LTV(2) 53.5% 49.9% 53.9% 49.9% 53.2% 49.3% NA NA NPL Ratio 1.28% 0.53% 0.05% 0.00% 2.53% 0.00% 0.10% 0.02% Net Charge-off Ratio (annualized) 0.01% 0.00% 0.05% 0.00% 0.00% 0.01% 0.07% (0.03)% 30+ Days Past Due Ratio 0.04% 0.00% 0.08% 0.00% 0.27% 0.04% 0.26% 0.04% 90+ Days Past Due Ratio 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.04% 0.00% • Investment Properties portfolio represent 88% of total CRE portfolio ◦ The portfolio is well diversified among property types • 2Q26 CRE Portfolio Characteristics ◦ 0.52% NPL Ratio ◦ 0.01% Net Charge-Off Ratio (annualized) ◦ 0.07% 30+ Day Past Due Ratio ◦ 0.01% 90+ Day Past Due Ratio Amounts may not add up due to rounding; (1) Includes 1-4 Family Construction and 1-4 Family Perm/Mini-Perm (primarily rental homes); (2) LTV calculated by dividing the June 30, 2026 commitment amount and any senior lien by the most recent appraisal (typically at origination) 7% 4% 4% 3% 3% 2% 1% 1% 1% Multi-Family Retail Warehouse/Industrial Office Hotels Other Investment Properties 1-4 Family Perm/Mini-Perm Land Acquisition & Dev 1-4 Family Construction

34 Portfolio Characteristics 2Q26 NPL Ratio 0.63% Net Charge-off Ratio (annualized) 0.35% 30+ Days Past Due Ratio 0.44% 90+ Days Past Due Ratio 0.01% Consumer Concentrations as a % of Total Loans at June 30, 2026 10% 3% 2% .3% Consumer Mortgages Home Equity Lines Other Consumer Consumer Card Amounts may not add up due to rounding • 86% of Consumer portfolio is backed by residential real estate • Other Consumer includes secured and unsecured products Consumer Loan Portfolio

35 BHG Credit Quality Continues to Impress Sophisticated credit scoring models produce impressive resultsBHG 2Q26 Overview • Pinnacle's equity-method investment income was $24MM in 2Q26 • Underlying collateral profile and performance remains relatively stable • Origination volumes of $2.4B for 2Q and $3.8B year-to-date • Delivering on an intentional strategy to manage a robust and well diversified funding platform, with lesser reliance upon the traditional bank network Credit Statistics(1) Source: BHG Internal Data; (1) Credit statistics based on BHG's managed portfolio, including both on and off balance sheet, across placement channels 62% 38% 34% 25% 25% 36% 36% 50% 13% 26% 30% 25% Community Bank Network Loan Sales Term Loan Financing/Securitizations 2024 2025 1Q26 2Q26 Historical Funding Execution Loan Originations ($ in billions) $1.55 $2.71 $3.84 1Q 2Q 2024 2025 2026

36 ($ in millions, except per share data, share count in thousands) 2Q26 1Q26 2Q25 Net income available to common shareholders $313 $135 $155 Valuation adjustment to Visa derivative 2 1 — Investment securities losses (gains), net 29 (3) — Merger-related expense(1) 51 275 — Tax effect of adjustments(2) (16) (45) — Adjusted net income available to common shareholders $379 $363 $155 Weighted average common shares outstanding, diluted 151,468 151,471 77,277 Net income per common share, diluted(3) $2.07 $0.89 $2.00 Adjusted net income per common share, diluted(3) $2.50 $2.39 $2.00 Amounts may not total due to rounding; (1) A portion of this item was non-taxable. (2) A blended tax rate of 16.4% 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

37 ($ in millions) 2Q26 1Q26 2Q25 Net income $328 $150 $159 Valuation adjustment to Visa derivative 2 1 — Investment securities (gains) losses, net 29 (3) — Merger-related expense (1) 51 275 — Tax effect of adjustments(2) (16) (45) — Adjusted net income $394 $378 $159 Net income annualized(3) $1,316 $608 $638 Adjusted net income annualized(3) $1,580 $1,531 $638 Total average assets $124,187 $121,247 $53,824 Return on average assets (annualized)(3) 1.06% 0.50% 1.18% Adjusted return on average assets (annualized)(3) 1.27% 1.26% 1.18% 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 16.4% 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.

38 Non-GAAP Financial Measures, Continued ($ in millions) 2Q26 1Q26 2Q25 2026 2025 Net income available to common shareholders $313 $135 $155 $448 $291 Valuation adjustment to Visa derivative 2 1 — 3 — Investment securities (gains) losses, net 29 (3) — 26 13 Merger-related expense(1) 51 275 — 326 — Tax effect of adjustments(2) (16) (45) — (60) (3) Adjusted net income available to common shareholders $379 $363 $155 $743 $301 Adjusted net income available to common shareholders annualized(3) $1,520 $1,471 $622 $1,498 $607 Amortization of intangibles, tax effected, annualized (2)(3) 142 147 4 145 4 Adjusted net income available to common shareholders excluding amortization of intangibles annualized (3) $1,662 $1,618 $626 $1,643 $611 Net income available to common shareholders annualized (3) $1,255 $546 $622 $903 $587 Amortization of intangibles, tax effected, annualized (2)(3) 142 147 4 145 4 Net income available to common shareholders excluding amortization of intangibles annualized (3) $1,397 $693 $626 $1,048 $591 Total average shareholders' equity less preferred stock $13,941 $13,805 $6,385 $13,874 $6,342 Average goodwill (3,479) (3,583) (1,849) (3,529) (1,849) Average other intangible assets, net (1,069) (1,079) (21) (1,074) (21) Total average tangible shareholders' equity less preferred stock $9,393 $9,143 $4,515 $9,271 $4,472 Return on average common equity (annualized)(3) 9.01% 3.96% 9.72% 6.51% 9.26% Adjusted return on average common equity (annualized)(3) 10.90 10.65 9.72 10.78 9.56 Return on average tangible common equity (annualized)(3) 14.89 7.58 13.84 11.30 13.23 Adjusted return on average tangible common equity (annualized)(3) 17.70 17.69 13.84 17.70 13.66 Amounts may not total due to rounding; (1) A portion of this item was non-taxable. (2) A blended tax rate of 16.4% 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.

39Amounts may not total due to rounding. (1) Amounts have been calculated using whole dollar values. Non-GAAP Financial Measures, Continued ($ in millions) 2Q26 1Q26 2Q25 Total non-interest expense $721 $952 $286 Merger-related expense (51) (275) — Valuation adjustment to Visa derivative (2) (1) — Fair value adjustment on non-qualified deferred compensation (6) 1 — Adjusted non-interest expense $662 $677 $286 Adjusted non-interest expense $662 $677 $286 Amortization of intangibles (46) (48) (1) Adjusted tangible non-interest expense 616 629 285 Net interest income 956 933 380 Taxable equivalent (TE) adjustment 12 14 13 Total non-interest revenue 247 284 125 Total TE revenue $1,215 $1,231 $518 Investment securities (gains) losses, net 29 (3) — Fair value adjustment on non-qualified deferred compensation (6) 1 — Adjusted total revenue (TE) $1,238 $1,229 $518 Efficiency ratio-(TE)(1) 59.4% 77.4% 55.2% Adjusted tangible efficiency ratio(1) 49.8% 51.3% 54.9% Adjusted total revenue (TE) $1,238 $1,229 $518 Adjusted non-interest expense (662) (677) (286) Adjusted PPNR $576 $552 $232

40Amounts 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) June 30, 2026 December 31, 2025 June 30, 2025 Total assets $129,055 $57,706 $54,801 Goodwill (3,479) (1,849) (1,849) Core deposits and other intangible assets, net (1,045) (30) (19) Tangible assets $124,531 $55,827 $52,933 Total equity $14,828 $7,044 $6,637 Goodwill (3,479) (1,849) (1,849) Core deposits and other intangible assets, net (1,045) (30) (19) Preferred Stock (781) (217) (217) Tangible common equity $9,523 $4,948 $4,552 Total shareholders’ equity to total assets ratio(1) 11.49% 12.21% 12.11% Tangible common equity ratio(1) 7.65% 8.86% 8.60% Tangible common equity $9,523 $4,948 $4,552 Common shares outstanding 151,111 77,662 77,548 Book value per common share(1) $92.96 $87.90 $82.79 Tangible book value per common share(1) $63.02 $63.71 $58.70

41 Reconciliation of Non-GAAP Financial Measures 2Q26 1Q26 4Q25 3Q25 2Q25 1Q25 4Q24 3Q24 2Q24 1Q24 4Q23 3Q23 2Q23 1Q23 4Q22 3Q22 2Q22 1Q22 Net income available to common shareholders $ 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 29 (3) 4 — — 12 — — 72 — — 9 10 — — — — — Valuation adjustment to Visa derivative 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 — — — — — — — — — Merger-related expense 51 275 14 8 — — — — — — — — — — — — — — Tax effect on above noted adjustments (16) (45) (3) (2) — (3) — — (25) 1 (7) (2) 19 — — — — — Net income available to common shareholders excluding above noted adjustments $ 379 $ 363 $ 174 $ 175 $ 155 $ 146 $ 147 $ 143 $ 124 $ 116 $ 129 $ 136 $ 137 $ 133 $ 134 $ 145 $ 141 $ 125 Diluted earnings per common share $ 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 0.19 (0.02) 0.05 — — 0.16 (0.01) — 0.94 — — 0.13 0.13 — — — — — Valuation adjustment to Visa derivative — — — — — — — — — — — — — — — — — — 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 — — — — — — — — — Merger-related expenses 0.34 1.82 0.18 0.10 — — — — — — — — — — — — — — Tax effect on above noted adjustments (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 $ 2.50 $ 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 Net interest income $ 956 $ 933 $ 408 $ 397 $ 380 $ 364 $ 364 $ 352 $ 332 $ 318 $ 317 $ 317 $ 315 $ 312 $ 319 $ 306 $ 265 $ 239 Total noninterest income 247 284 135 148 125 98 112 115 34 110 79 91 174 90 82 105 125 103 Total revenues 1,203 1,217 542 545 505 463 475 467 367 428 396 408 489 402 402 411 390 343 Less: Investment (gains) losses on sales of securities, net 29 (3) 4 — — 12 — — 72 — — 9 10 — — — — — 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, excluding above noted adjustments $ 1,226 $ 1,215 $ 546 $ 545 $ 505 $ 475 $ 475 $ 467 $ 439 $ 416 $ 403 $ 417 $ 413 $ 402 $ 402 $ 411 $ 390 $ 343 Book value per common share $ 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 $ (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 $ 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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