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PNFP

PNFP - Pinnacle Financial Partners Inc Stock Price, Fair Value and News

83.45USD+0.03 (+0.04%)Delayed as of 14 May 2024, 01:12 pm ET

Market Summary

PNFP
USD83.45+0.03
Delayedas of 14 May 2024, 01:12 pm
0.04%

PNFP Alerts

  • 4 major insider sales recently.
  • Big jump in Revenue (Y/Y)

PNFP Stock Price

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PNFP RSI Chart

PNFP Valuation

Market Cap

6.4B

Price/Earnings (Trailing)

11.82

Price/Sales (Trailing)

2.58

EV/EBITDA

2.17

Price/Free Cashflow

25.19

PNFP Price/Sales (Trailing)

PNFP Profitability

EBT Margin

14.87%

Return on Equity

8.93%

Return on Assets

1.11%

Free Cashflow Yield

3.97%

PNFP Fundamentals

PNFP Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

28.54%

Rev. Growth (Qtr)

0.88%

PNFP Earnings

Earnings (TTM)

545.0M

Earnings Growth (Yr)

-12.48%

Earnings Growth (Qtr)

26.5%

Breaking Down PNFP Revenue

52 Week Range

47.6184.13
(Low)(High)

Last 7 days

0.2%

Last 30 days

4.3%

Last 90 days

4.0%

Trailing 12 Months

77.5%

How does PNFP drawdown profile look like?

PNFP Financial Health

PNFP Investor Care

Dividend Yield

1.05%

Dividend/Share (TTM)

0.88

Shares Dilution (1Y)

0.63%

Diluted EPS (TTM)

6.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.5B000
20231.6B1.9B2.2B2.4B
20221.0B1.1B1.2B1.4B
20211.0B1.0B1.0B1.0B
20201.1B1.1B1.0B1.0B
2019993.1M1.0B1.1B1.1B
2018745.5M852.8M898.7M946.7M
2017384.8M424.8M529.5M636.1M
2016281.5M309.7M339.9M363.6M
2015211.6M216.5M230.9M255.2M
2014193.4M196.4M201.0M206.2M
2013186.8M188.3M190.1M191.3M
2012185.1M185.1M184.7M185.4M
2011198.1M192.9M189.1M186.5M
2010000203.3M
20090000
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Tracking the Latest Insider Buys and Sells of Pinnacle Financial Partners Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 09, 2024
burns gregory l
sold
-124,500
83.00
-1,500
-
Apr 26, 2024
callicutt richard d ii
sold
-1,134,750
81.5019
-13,923
chairman-carolinas & virginia
Apr 25, 2024
turner m terry
sold
-5,830,150
80.9743
-72,000
ceo
Apr 25, 2024
mccabe robert a jr
sold
-9,340,030
81.0422
-115,249
chairman
Mar 12, 2024
white j. harvey
sold (taxes)
-11,921
82.22
-145
chief credit officer
Mar 12, 2024
carpenter harold r
sold (taxes)
-518,479
82.22
-6,306
evp & cfo
Mar 12, 2024
callicutt richard d ii
acquired
-
-
24,953
chairman-carolinas & virginia
Mar 12, 2024
mccabe robert a jr
sold (taxes)
-1,879,300
82.22
-22,857
chairman
Mar 12, 2024
turner m terry
acquired
-
-
61,135
ceo
Mar 12, 2024
mccabe robert a jr
acquired
-
-
58,085
chairman

1–10 of 50

Which funds bought or sold PNFP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
12th Street Asset Management Company, LLC
added
0.66
-181,787
20,271,700
3.52%
May 10, 2024
CITIGROUP INC
added
18.79
1,062,240
7,323,680
-%
May 10, 2024
OSAIC HOLDINGS, INC.
reduced
-67.88
-1,226,520
566,939
-%
May 10, 2024
Argent Trust Co
unchanged
-
-5,487
351,679
0.02%
May 10, 2024
Covestor Ltd
reduced
-38.78
-48,000
72,000
0.05%
May 10, 2024
CIBC Private Wealth Group, LLC
new
-
9,944
9,944
-%
May 10, 2024
Scarborough Advisors, LLC
unchanged
-
-213
16,444
0.01%
May 10, 2024
VANGUARD GROUP INC
reduced
-0.2
-10,815,000
613,783,000
0.01%
May 10, 2024
Jackson Creek Investment Advisors LLC
new
-
881,000
881,000
0.31%
May 10, 2024
WELLS FARGO & COMPANY/MN
reduced
-8.89
-1,157,060
10,085,900
-%

1–10 of 48

Are Funds Buying or Selling PNFP?

Are funds buying PNFP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PNFP
No. of Funds

Unveiling Pinnacle Financial Partners Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
5.7%
4,366,639
SC 13G
Feb 13, 2024
vanguard group inc
9.33%
7,161,175
SC 13G/A
Jan 25, 2024
blackrock inc.
8.9%
6,860,945
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
5.1%
3,904,785
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
0.1%
104,408
SC 13G/A
Feb 09, 2023
vanguard group inc
9.07%
6,932,309
SC 13G/A
Jan 24, 2023
blackrock inc.
9.3%
7,114,912
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
6.7%
5,142,843
SC 13G/A
Feb 03, 2022
blackrock inc.
9.0%
6,830,309
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
7.3%
5,537,429
SC 13G/A

Recent SEC filings of Pinnacle Financial Partners Inc

View All Filings
Date Filed Form Type Document
May 10, 2024
10-Q
Quarterly Report
May 10, 2024
4
Insider Trading
May 09, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
13F-HR
Fund Holdings Report
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 29, 2024
4
Insider Trading
Apr 26, 2024
144
Notice of Insider Sale Intent
Apr 26, 2024
8-K
Current Report
Apr 26, 2024
S-8
Employee Benefits Plan

Peers (Alternatives to Pinnacle Financial Partners Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
570.5B
174.7B
8.69% 48.16%
11.33
3.27
53.11% 19.83%
299.1B
137.9B
6.85% 41.16%
11.95
2.17
56.12% -12.56%
213.6B
85.8B
8.52% 63.46%
11.38
2.49
35.02% 26.14%
120.9B
125.0B
6.23% 39.49%
15.13
0.97
37.85% -
16.4B
10.4B
8.48% 44.96%
11.43
1.57
26.22% -33.87%
14.0B
8.1B
1.78% 65.41%
16.04
1.72
32.15% -50.93%
MID-CAP
7.1B
4.2B
3.79% 66.34%
10.15
1.66
34.68% -45.96%
6.5B
4.1B
8.06% 95.94%
10.32
1.59
32.93% -30.73%
3.4B
1.3B
9.68% 70.56%
12.1
2.61
30.60% -12.99%
3.3B
2.0B
8.96% 50.51%
20.76
1.64
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
406.2M
152.4M
2.65% 46.43%
40.86
2.67
16.94% -73.84%
395.7M
173.1M
7.98% 20.88%
13.57
2.29
26.54% -34.86%
290.4M
98.7M
5.64% 21.02%
9.87
2.94
6.27% -22.90%
45.8M
62.5M
12.13% -6.62%
-15.48
0.73
18.83% -145.18%

Pinnacle Financial Partners Inc News

Latest updates
Defense World • 6 hours ago
Yahoo Finance • 10 May 2024 • 09:00 pm

Pinnacle Financial Partners Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.9%650645627575506451372292259259261259252257249252263268276266258
EBITDA Margin-5.3%0.69*0.73*0.79*0.89*1.01*1.14*1.25*1.31*1.32*1.32*1.30*1.28*---------
Interest Expenses0.2%318317317315312319306265239239238233223221207201194194196189187
Income Taxes-19.3%27.0034.0035.0049.0034.0037.0035.0036.0028.0033.0033.0031.0028.0023.0026.0011.00-1.6622.0027.0024.0023.00
Earnings Before Taxes--------------13413774.0027.00119137125117
EBT Margin-5.8%0.15*0.16*0.17*0.20*0.23*0.27*0.31*0.35*0.36*0.36*0.36*0.37*---------
Net Income26.5%12095.0013319713713814914512913413713212511111162.0028.0096.0011110094.00
Net Income Margin-8.7%0.22*0.24*0.28*0.33*0.35*0.41*0.47*0.51*0.51*0.51*0.49*0.47*0.41*--------
Free Cashflow98.3%18091.00107-12132489.0027613542.00212145163114--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.9%48,89447,96047,52446,87645,12041,97041,00040,12139,40038,46936,52435,41235,30034,93333,82533,34229,26427,80527,54826,54025,558
    Cash Equivalents21.3%2,7062,2303,1523,8332,8191,1771,8041,6323,3204,1023,4672,8913,1873,961---527---
  Net PPE3.4%266257253245355328320302297288289288290290288282275274275275263
  Goodwill0%1,8471,8471,8471,8471,8471,8471,8461,8461,8511,8201,8201,8201,8201,8201,8201,8201,8201,8201,8311,8071,807
Liabilities2.1%42,79041,92441,68641,03239,43536,45135,65834,80634,11933,15931,33230,31130,34030,02829,03828,64624,87923,45023,25322,36421,502
Shareholder's Equity1.1%6,1046,0365,8385,8445,6845,5195,3425,3155,2815,3115,1925,1014,9604,9054,7874,6964,3854,3564,2954,1764,056
  Retained Earnings3.7%2,8882,7852,7462,6342,4582,3422,2252,0971,9731,8641,7481,6301,5151,4081,3131,2181,1681,1841,1011,002915
  Additional Paid-In Capital-0.3%3,1013,1093,0983,0883,0793,0753,0673,0563,0463,0463,0393,0323,0273,0283,0233,0193,0163,0643,0703,0763,079
Shares Outstanding0.6%77.0077.0077.0077.0077.0076.0076.0076.0076.0075.0075.0075.00---------
Float----4,268---5,405---6,546---3,092---4,632-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations84.1%197107122-11036010530014852.0021915216712012511712957.0011713029.00155
  Share Based Compensation-15.9%10.0012.0010.009.0010.009.0011.0011.009.007.007.006.005.005.004.004.006.006.005.005.005.00
Cashflow From Investing57.6%-535-1,264-1,311-462-1,563-1,560-792-2,494-1,837-1,384-551-375-1,301-153-157-2,378-878-707-552-706-649
Cashflow From Financing245.2%8142365091,5872,8458296646581,0031,801975-88.124089473913,9191,320197714820258
  Dividend Payments0.5%17.0017.0017.0017.0017.0017.0017.0017.0017.0014.0014.0014.0014.0012.0012.0012.0012.0012.0012.0012.0013.00
  Buy Backs-----------------51.0013.0011.007.0030.00
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PNFP Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:   
Loans, including fees$ 1,950,365,000$ 1,182,492,000$ 924,043,000
Securities:   
Taxable140,308,00067,063,00034,769,000
Tax-exempt97,625,00081,522,00064,848,000
Federal funds sold and other165,070,00042,858,0007,554,000
Total interest income2,353,368,0001,373,935,0001,031,214,000
Interest expense:   
Deposits983,118,000204,119,00054,116,000
Securities sold under agreements to repurchase3,744,000794,000239,000
Federal Home Loan Bank advances and other borrowings104,388,00039,729,00044,458,000
Total interest expense1,091,250,000244,642,00098,813,000
Net interest income1,262,118,0001,129,293,000932,401,000
Provision for credit losses93,596,00067,925,00016,126,000
Net interest income after provision for credit losses1,168,522,0001,061,368,000916,275,000
Noninterest income:   
Total noninterest income433,253,000416,124,000395,734,000
Noninterest expense:   
Salaries and employee benefits531,828,000510,175,000436,006,000
Equipment and occupancy138,980,000109,672,00095,250,000
Other real estate (benefit) expense, net315,000280,000(712,000)
Marketing and other business development23,914,00021,073,00012,888,000
Postage and supplies11,143,00010,168,0008,195,000
Amortization of intangibles7,090,0007,810,0008,518,000
Other noninterest expense174,499,000120,821,00099,959,000
Total noninterest expense887,769,000779,999,000660,104,000
Income before income taxes714,006,000697,493,000651,905,000
Income tax expense151,854,000136,751,000124,582,000
Net income562,152,000560,742,000527,323,000
Preferred stock dividends15,192,00015,192,00015,192,000
Net income available to common shareholders$ 546,960,000$ 545,550,000$ 512,131,000
Per share information:   
Basic net income per common share$ 7.20$ 7.20$ 6.79
Diluted net income per common share$ 7.14$ 7.17$ 6.75
Weighted average common shares outstanding:   
Basic76,016,37075,735,40475,468,339
Diluted76,647,54376,133,86575,927,147
Service charges on deposit accounts   
Noninterest income:   
Total noninterest income$ 49,223,000$ 44,675,000$ 41,311,000
Investment services   
Noninterest income:   
Total noninterest income52,432,00046,441,00037,917,000
Insurance sales commissions   
Noninterest income:   
Total noninterest income13,670,00012,186,00010,516,000
Gains on mortgage loans sold, net   
Noninterest income:   
Total noninterest income6,511,0007,268,00032,424,000
Investment gains (losses) on sales, net   
Noninterest income:   
Total noninterest income(19,674,000)156,000759,000
Trust fees   
Noninterest income:   
Total noninterest income26,683,00023,511,00020,724,000
Income from equity method investment   
Noninterest income:   
Total noninterest income85,402,000145,466,000122,274,000
Other noninterest income   
Noninterest income:   
Total noninterest income132,958,000135,964,000129,794,000
Gain loss on sale of fixed assets   
Noninterest income:   
Total noninterest income$ 86,048,000$ 457,000$ 15,000

PNFP Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets [Abstract]  
Cash and noninterest-bearing due from banks$ 228,620$ 268,649
Restricted cash86,87331,447
Interest-bearing due from banks1,914,856877,286
Cash and cash equivalents2,230,3491,177,382
Securities Purchased under Agreements to Resell558,009513,276
Securities available-for-sale, at fair value4,317,5303,558,870
Securities held-to-maturity (fair value of $2.8 billion and $2.7 billion, net of allowance for credit losses of $1.7 million and $1.6 million at Dec. 31, 2023 and 2022, respectively)3,006,3573,079,050
Consumer loans held-for-sale104,21742,237
Commercial loans held-for-sale9,28021,093
Loans32,676,09129,041,605
Less allowance for credit losses(353,055)(300,665)
Loans, net32,323,03628,740,940
Premises and equipment, net256,877327,885
Equity method investment445,223443,185
Accrued interest receivable217,491161,182
Goodwill1,846,9731,846,973
Core deposits and other intangible assets27,46534,555
Other real estate owned3,9377,952
Other assets2,613,1392,015,441
Total assets47,959,88341,970,021
Deposits:  
Non-interest-bearing7,906,5029,812,744
Interest-bearing11,365,3497,884,605
Savings and money market accounts14,427,20613,774,534
Time Deposits4,840,7533,489,355
Total deposits38,539,81034,961,238
Securities sold under agreements to repurchase209,489194,910
Federal Home Loan Bank advances2,138,169464,436
Subordinated debt and other borrowings424,938424,055
Accrued interest payable66,96719,478
Other liabilities544,722386,512
Total liabilities41,924,09536,450,629
Stockholders' Equity Attributable to Parent [Abstract]  
Preferred stock, no par value; 10.0 million shares authorized; 225,000 shares non-cumulative perpetual preferred stock, Series B, liquidation preference $225.0 million, issued and outstanding at Dec. 31, 2023 and 2022, respectively217,126217,126
Common stock, par value $1.00; 180.0 million shares authorized; 76.8 million and 76.5 million shares issued and outstanding at Dec. 31, 2023 and 2022, respectively76,76776,454
Additional paid-in capital3,109,4933,074,867
Retained earnings2,784,9272,341,706
Accumulated other comprehensive loss, net of taxes(152,525)(190,761)
Total shareholders' equity6,035,7885,519,392
Total liabilities and shareholders' equity$ 47,959,883$ 41,970,021
PNFP
Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; secured and unsecured loans, such as installment and term, residential first mortgage, and home equity loans, as well as lines of credit and home equity lines of credit; and credit cards for consumers and businesses. The company also offers various securities and other financial products; investment products; brokerage and investment advisory programs; and fiduciary and investment management services, such as personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. In addition, it provides insurance agency services primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, and other middle-market advisory services. Further, the company offers treasury management, telephone and online banking, mobile banking, debit and credit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.
 CEO
 WEBSITEpnfp.com
 INDUSTRYBanks Diversified
 EMPLOYEES3309

Pinnacle Financial Partners Inc Frequently Asked Questions


What is the ticker symbol for Pinnacle Financial Partners Inc? What does PNFP stand for in stocks?

PNFP is the stock ticker symbol of Pinnacle Financial Partners Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Pinnacle Financial Partners Inc (PNFP)?

As of Mon May 13 2024, market cap of Pinnacle Financial Partners Inc is 6.44 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PNFP stock?

You can check PNFP's fair value in chart for subscribers.

What is the fair value of PNFP stock?

You can check PNFP's fair value in chart for subscribers. The fair value of Pinnacle Financial Partners Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Pinnacle Financial Partners Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PNFP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Pinnacle Financial Partners Inc a good stock to buy?

The fair value guage provides a quick view whether PNFP is over valued or under valued. Whether Pinnacle Financial Partners Inc is cheap or expensive depends on the assumptions which impact Pinnacle Financial Partners Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PNFP.

What is Pinnacle Financial Partners Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, PNFP's PE ratio (Price to Earnings) is 11.82 and Price to Sales (PS) ratio is 2.58. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PNFP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Pinnacle Financial Partners Inc's stock?

In the past 10 years, Pinnacle Financial Partners Inc has provided 0.105 (multiply by 100 for percentage) rate of return.