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PNFP

Pinnacle Financial Partners, Inc.

PNFP

Pinnacle Financial Partners, Inc. • NASDAQ
$91.68 ▼ -0.26% (-0.24)
Market Cap $7.11 B
52w High $127.85
52w Low $81.57
Dividend Yield 0.96%
P/E 11.69
Volume 262.54K
Outstanding Shares 77.58M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $544.803M ▼ $303.139M ▲ $173.366M ▲ 31.822% ▲ $2.2 ▲ $211.123M ▼
Q2-2025 $820.227M ▲ $286.446M ▲ $158.54M ▲ 19.329% ▼ $2.01 ▲ $222.157M ▲
Q1-2025 $711.132M ▼ $220.033M ▲ $140.408M ▼ 19.744% ▼ $1.78 ▼ $197.687M ▼
Q4-2024 $745.526M ▼ $211.518M ▲ $151.259M ▲ 20.289% ▲ $1.93 ▲ $209.691M ▲
Q3-2024 $751.238M $200.45M $146.691M 19.527% $1.87 $206.222M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $9.677B ▲ $55.964B ▲ $49.107B ▲ $6.856B ▲
Q2-2025 $9.369B ▲ $54.801B ▲ $48.164B ▲ $6.637B ▲
Q1-2025 $6.281B ▼ $54.255B ▲ $47.712B ▲ $6.543B ▲
Q4-2024 $8.925B ▲ $52.589B ▲ $46.158B ▲ $6.432B ▲
Q3-2024 $8.03B $50.702B $44.358B $6.344B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $173.136M ▲ $403.25M ▲ $-898.894M ▲ $771.25M ▲ $275.606M ▲ $442.634M ▲
Q2-2025 $158.54M ▲ $261.732M ▲ $-1.525B ▼ $374.673M ▼ $-888.735M ▼ $243.693M ▲
Q1-2025 $140.408M ▼ $-21.691M ▼ $-1.164B ▲ $1.629B ▼ $442.814M ▼ $-43.036M ▼
Q4-2024 $151.259M ▲ $499.945M ▲ $-1.534B ▼ $1.637B ▲ $602.761M ▲ $472.472M ▲
Q3-2024 $146.691M $121.386M $-822.647M $1.157B $455.247M $96.048M

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown strongly over the last several years, especially more recently, showing that the bank is still winning business and expanding its franchise. However, profits have not kept pace with revenue. Earnings climbed steadily coming out of 2020, then flattened and slipped from their peak, suggesting rising costs, pressure from interest rates, or higher credit-related expenses. Overall, the income statement tells a story of strong growth in activity but more modest and recently declining profitability per dollar of revenue.

Balance Sheet

Balance Sheet The balance sheet has expanded meaningfully, with total assets increasing each year as the bank adds more loans and clients. Cash levels have improved from earlier lows, giving more flexibility, while long-term borrowings have moved around but remain manageable relative to the size of the firm. Shareholders’ equity has grown steadily, which indicates retained earnings and a stronger capital base. In simple terms, the bank is larger, better capitalized, and more complex than a few years ago, but also more exposed to the usual interest-rate and credit risks that come with a bigger loan book.

Cash Flow

Cash Flow Cash generation from the core business has generally improved over time, although it has been a bit uneven from year to year. Free cash flow follows a similar pattern and is solid for a bank of this type, helped by relatively modest spending on physical assets. The company is clearly capable of funding operations and growth from internal cash, but the volatility in operating cash flows is a reminder that banking cash flows can swing with funding costs, deposit movements, and credit conditions.

Competitive Edge

Competitive Edge Pinnacle has positioned itself between large national banks and small community banks by mixing personalized, relationship-driven service with modern digital tools. Its culture of hiring seasoned bankers, empowering local decision-making, and maintaining a highly rated workplace creates stickier client relationships than many peers. Specialized practices in areas like music and entertainment, law firms, and other niche segments deepen this advantage and make the client base harder for competitors to dislodge. The planned merger with Synovus, if executed well, could significantly extend its geographic reach and scale, but also introduces integration and cultural risks that will need careful management.

Innovation and R&D

Innovation and R&D The bank invests meaningfully in technology, not as a replacement for people but as an enhancer of its relationship model. Digital banking platforms, interactive teller machines, and advanced analytics are already embedded in its service offering. On top of that, Pinnacle is putting money into artificial intelligence, data-driven tools, and even early-stage work in blockchain and cryptocurrency, much of it supported by a fintech accelerator partnership. These efforts could improve efficiency and client experience over time, but many of the more cutting-edge projects are still experimental and may take years to prove their value.

Summary

Pinnacle Financial Partners shows a clear growth story: a larger franchise, rising revenue, and a steadily stronger capital base. At the same time, profitability has come off its highs, pointing to a tougher operating environment and higher costs, which are common pressures across regional banks. Cash generation is sound, and investment needs are manageable. Competitively, the company benefits from a distinct “high-touch plus high-tech” strategy, deep niche expertise, and a strong culture, all of which help defend its market position. The upcoming Synovus merger and ongoing technology initiatives offer meaningful upside potential but also bring execution and integration risks. Overall, this is a growing regional bank with solid foundations, a clear strategy, and a mix of both opportunity and typical banking-sector uncertainties.

NEWS

November 12, 2025 · 1:07 PM UTC

Pinnacle Financial Partners Is the No. 4 Best Bank to Work for in the Nation

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October 23, 2025 · 3:13 PM UTC

Pinnacle Financial Partners Lands in Top 5 Best Workplaces for Women

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October 21, 2025 · 5:00 PM UTC

Pinnacle Financial Partners Announces 3Q25 Dividend

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October 15, 2025 · 5:45 PM UTC

PNFP Reports 3Q25 Diluted EPS of $2.19, or $2.27 Excluding Merger-Related Expenses

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October 6, 2025 · 5:25 PM UTC

Synovus Financial Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Synovus Financial Corp. - SNV

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