View ValuationPinnacle Financial Partners 향후 성장Future 기준 점검 5/6Pinnacle Financial Partners은 연간 수입과 매출이 각각 51.4%와 27.9% 증가할 것으로 예상되고 EPS는 연간 27%만큼 증가할 것으로 예상됩니다.핵심 정보51.4%이익 성장률26.95%EPS 성장률Banks 이익 성장8.1%매출 성장률27.9%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트10 Jun 2026최근 향후 성장 업데이트Major Estimate Revision • May 01Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$7.01 to US$7.72. Revenue forecast steady at US$5.08b. Net income forecast to grow 107% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$111 to US$116. Share price rose 2.9% to US$98.64 over the past week.Major Estimate Revision • Jan 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$4.92b to US$5.02b. EPS estimate increased from US$7.12 to US$7.96 per share. Net income forecast to grow 89% next year vs 16% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$116. Share price fell 2.0% to US$95.09 over the past week.Price Target Changed • Jul 28Price target decreased by 7.1% to US$122Down from US$131, the current price target is an average from 12 analysts. New target price is 33% above last closing price of US$91.85. Stock is down 4.2% over the past year. The company is forecast to post earnings per share of US$7.85 for next year compared to US$6.01 last year.Price Target Changed • Jul 17Price target increased by 7.5% to US$131Up from US$122, the current price target is an average from 12 analysts. New target price is 11% above last closing price of US$119. Stock is up 27% over the past year. The company is forecast to post earnings per share of US$7.86 for next year compared to US$6.01 last year.Price Target Changed • Dec 31Price target increased by 7.2% to US$131Up from US$122, the current price target is an average from 10 analysts. New target price is 15% above last closing price of US$114. Stock is up 31% over the past year. The company is forecast to post earnings per share of US$5.85 for next year compared to US$7.20 last year.Price Target Changed • Nov 19Price target increased by 9.3% to US$117Up from US$107, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$123. Stock is up 74% over the past year. The company is forecast to post earnings per share of US$5.86 for next year compared to US$7.20 last year.모든 업데이트 보기Recent updates공시 • 11hPinnacle Financial Partners, Inc. to Report Q2, 2026 Results on Jul 22, 2026Pinnacle Financial Partners, Inc. announced that they will report Q2, 2026 results After-Market on Jul 22, 2026속보 • Jun 09Pinnacle Financial Partners Highlights 2026 Outlook With Hiring Surge and Major Liquidity StepsPinnacle Financial Partners plans to present an updated 2Q26 outlook, hiring progress, liquidity moves and merger-integration milestones at the Morgan Stanley US Financials Conference. The company reports hiring 98 revenue producers year to date through May 31, 2026, and expects 70 to 80 additional hires in 2Q26. Recent liquidity and integration actions include issuing US$750m of senior debt, selling about US$1.0b of municipal securities and beginning preparation for CD1 conversion. The combination of aggressive revenue-producer hiring and active balance sheet management indicates that management is focused on both growth and funding flexibility as it moves through its current merger-integration phase. You may want to watch for details from the conference on how the new hires, security sales and debt issuance may influence earning capacity, funding costs and any integration-related execution risk.내러티브 업데이트 • Jun 05PNFP: Loan Expansion Outlook Will Support Confidence In Future Earnings PowerAnalysts have nudged the price target for Pinnacle Financial Partners higher to $116.79, citing the stock's valuation discount, recent initiations and target hikes clustered around $115, and confidence in the bank's ability to deliver above average organic growth and high single digit loan expansion. Analyst Commentary Recent research has centered on how Pinnacle Financial Partners balances its valuation discount with expectations for organic growth and loan expansion.내러티브 업데이트 • May 21PNFP: Higher Future P/E Assumptions Will Reflect Loan Growth Execution PotentialAnalysts have nudged their price target for Pinnacle Financial Partners higher to $116.79 from $115.39, reflecting updated views on the stock's valuation discount, loan growth outlook, and expected profitability. Analyst Commentary Street research around Pinnacle Financial Partners has been active, with a mix of new coverage initiations, higher price targets, and some target trims as views on growth and profitability evolve.Major Estimate Revision • May 01Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$7.01 to US$7.72. Revenue forecast steady at US$5.08b. Net income forecast to grow 107% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$111 to US$116. Share price rose 2.9% to US$98.64 over the past week.내러티브 업데이트 • Apr 27PNFP: Higher Future P/E Assumptions Will Drive Share Re RatingAnalysts have nudged the average price target for Pinnacle Financial Partners slightly lower to about $115, reflecting updated assumptions on revenue growth, profit margins and future P/E expectations across a mix of recent target raises and cuts from major firms. Analyst Commentary The recent flurry of price target changes for Pinnacle Financial Partners has been mixed, with both raises and cuts clustered over a relatively short period.Seeking Alpha • Apr 25Pinnacle Financial Partners: Post-Merger Goals Are On TrackSummary Pinnacle Financial Partners remains a buy as Synovus integration progresses and accretive benefits materialize. PNFP delivered strong Q1 results, with 10% organic loan growth, robust deposit inflows, and NIM at 3.53%, near the high end of guidance. Private credit exposure is under 10%, conservatively structured, and nonperforming loans remain low, supporting credit quality confidence. Shares trade below 10x 2026 EPS, with capital ratios expected to reach target levels and potential for multiple expansion above $110. Read the full article on Seeking AlphaReported Earnings • Apr 24First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.89 (down from US$1.78 in 1Q 2025). Revenue: US$1.14b (up 156% from 1Q 2025). Net income: US$135.0m (down 1.2% from 1Q 2025). Profit margin: 12% (down from 31% in 1Q 2025). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 9.6%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Declared Dividend • Apr 23Fourth quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 1st May 2026 Payment date: 29th May 2026 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (15% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 21Pinnacle Financial Partners, Inc. Announces Common Dividend, Payable on May 29, 2026The board of directors of Pinnacle Financial Partners, Inc. approved the following dividends for holders of common stock: $0.50 per share on the firm’s common stock, payable on May 29, 2026, to shareholders of record as of May 1, 2026.공시 • Apr 10Pinnacle Financial Partners, Inc., Annual General Meeting, May 21, 2026Pinnacle Financial Partners, Inc., Annual General Meeting, May 21, 2026.내러티브 업데이트 • Mar 25PNFP: Synovus Merger Execution And Steeper Yield Curve Will Drive Re RatingThe consensus analyst price target for Pinnacle Financial Partners has shifted slightly, with the updated fair value estimate moving by about $1 to $115.58 as analysts incorporate recent target tweaks across firms and their views on bank sector tailwinds, valuation gaps, and the Synovus acquisition setup. Analyst Commentary Recent research updates on Pinnacle Financial Partners cluster around price target revisions and fresh coverage, giving you a clearer view of how the Street is weighing the Synovus acquisition setup, bank sector conditions, and valuation against execution risks.공시 • Mar 24Pinnacle Financial Partners, Inc. to Report Q1, 2026 Results on Apr 22, 2026Pinnacle Financial Partners, Inc. announced that they will report Q1, 2026 results After-Market on Apr 22, 2026내러티브 업데이트 • Mar 11PNFP: Synovus Integration Year And Steeper Yield Curve Will Drive Re RatingThe updated analyst price target for Pinnacle Financial Partners edges down slightly to about $116.10 from $116.37, with analysts pointing to refreshed assumptions on discount rates, revenue growth, profit margins, and future P/E. These changes keep their broader thesis intact while fine tuning valuation inputs.Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.15 (up from US$6.01 in FY 2024). Revenue: US$1.95b (up 21% from FY 2024). Net income: US$626.7m (up 36% from FY 2024). Profit margin: 32% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Non-performing loans: 0.34% (down from 0.42% in FY 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.내러티브 업데이트 • Feb 25PNFP: Synovus Integration And Steeper Yield Curve Will Drive Re RatingAnalysts have inched their average price target on Pinnacle Financial Partners higher to about $116, citing recent research that tweaks fair value assumptions, future P/E expectations, and profitability estimates across multiple firms. Analyst Commentary Recent research on Pinnacle Financial Partners reflects a mix of optimism and caution, with several firms adjusting price targets as they refresh their bank models and outlooks for mid cap regional lenders.내러티브 업데이트 • Feb 10PNFP: 2026 Synovus Integration And Mid Cap Re Rating Will Drive UpsideAnalysts have modestly raised their blended price target on Pinnacle Financial Partners to about US$116, reflecting incremental adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions following a series of recent target revisions across the Street. Analyst Commentary Recent research updates on Pinnacle Financial Partners show a mix of optimism and caution, with several firms adjusting price targets and refining their views on how the bank might execute on growth plans, manage integration, and close any valuation gaps relative to peers.Major Estimate Revision • Jan 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$4.92b to US$5.02b. EPS estimate increased from US$7.12 to US$7.96 per share. Net income forecast to grow 89% next year vs 16% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$116. Share price fell 2.0% to US$95.09 over the past week.분석 기사 • Jan 30Pinnacle Financial Partners (NYSE:PNFP) Is Increasing Its Dividend To $0.50Pinnacle Financial Partners, Inc. ( NYSE:PNFP ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jan 29Fourth quarter dividend increased to US$0.50Dividend of US$0.50 is 108% higher than last year. Ex-date: 6th February 2026 Payment date: 27th February 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (13% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 2 years, which should provide support to the dividend and adequate earnings cover.내러티브 업데이트 • Jan 27PNFP: 2026 Merger Integration And Mid Cap Catch Up Will Unlock UpsideOur fair value estimate for Pinnacle Financial Partners has inched up to $115.71 from $114.86 as analysts lift price targets by $4 to $5 across several firms, citing updated views on growth, profitability and the bank's role in a mid cap group they see as poised for catch up in 2026. Analyst Commentary Recent research shows a mix of optimism and caution around Pinnacle Financial Partners, with several firms adjusting price targets and refreshing views ahead of upcoming earnings and through 2026.공시 • Jan 27Pinnacle Financial Partners Announces Common Dividend, Payable on February 27, 2026Pinnacle Financial Partners, Inc. announced that its Board of Directors has approved a $0.50 per share cash dividend to be paid on February 27, 2026, to common shareholders of record as of the close of business on February 6, 2026.Reported Earnings • Jan 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.15 (up from US$6.01 in FY 2024). Revenue: US$1.95b (up 21% from FY 2024). Net income: US$626.7m (up 36% from FY 2024). Profit margin: 32% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Jan 22Pinnacle Financial Partners, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2025Pinnacle Financial Partners, Inc. reported net loan charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net loan charge-offs of $27,011,000 against $20,807,000 a year ago.New Risk • Jan 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.내러티브 업데이트 • Jan 12PNFP: Early 2026 Merger Completion Will Drive Mid Cap Re Rating PotentialNarrative Update The updated analyst price target for Pinnacle Financial Partners edges higher, with our fair value estimate moving from about US$110.23 to roughly US$114.86, as analysts factor in a series of higher Street targets that highlight potential re rating catalysts around the Synovus merger, mid cap bank catch up themes, and ongoing valuation gaps versus larger peers. Analyst Commentary Recent Street research around Pinnacle Financial Partners clusters around two main themes: the proposed Synovus merger, and how quickly the combined bank can earn a higher valuation multiple once integration risks are behind it.공시 • Jan 02+ 4 more updatesPinnacle Financial Partners, Inc. and Pinnacle Bank Appoints Andrew J. Gregory as Chief Financial OfficerPinnacle Financial Partners, Inc. announced the completion of the merger of Pinnacle Financial Partners, Inc., a Tennessee corporation, and Synovus Financial Corp., a Georgia corporation, with the combined firm now operating as one bank holding company under the name Pinnacle Financial Partners, Inc. Following the bank holding company merger, Pinnacle Bank became a member bank of the Federal Reserve System and Synovus Bank merged into Pinnacle Bank, with Pinnacle Bank as the surviving bank in the bank merger. The combined Pinnacle Bank will operate under both the Pinnacle and Synovus brands, consolidating under the Pinnacle brand in early 2027. Mr. Andrew J. Gregory will serve as Chief Financial Officer of the Corporation and of Pinnacle Bank reporting to the Chief Executive Officer.공시 • Dec 17Pinnacle Financial Partners, Inc. to Report Q4, 2025 Results on Jan 21, 2026Pinnacle Financial Partners, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 21, 2026내러티브 업데이트 • Dec 15PNFP: Early 2026 Merger Completion Will Shape Long Term Re Rating PathThe analyst price target for Pinnacle Financial Partners has been trimmed modestly. The updated valuation framework lifts fair value to about $110, even as analysts, citing merger related execution risk, a longer catalyst path, and the need to see post deal results, reset published targets closer to the mid to high $90 range.공시 • Dec 03Pinnacle Financial Partners and Synovus Financial Corp. Announce New Board and Executive Appointments Following MergerPinnacle Financial Partners and Synovus Financial Corp. announced the composition of the board of directors for the combined company, which will include eight Pinnacle and seven Synovus directors, with six independent directors from each company. Terry Turner will serve as non-executive chair, and Tim Bentsen, Synovus director, will serve as lead director. Rob McCabe will serve as vice chair. The full list of directors is as anticipated as follows: Terry Turner, chair (Pinnacle); Kevin Blair, president and CEO (Synovus); Tim Bentsen, lead director (Synovus); Rob McCabe, vice chair (Pinnacle); Abney Boxley (Pinnacle); Gregory Burns (Pinnacle); Pedro Cherry (Synovus); Thomas Farnsworth (Pinnacle); David Ingram (Pinnacle); John Irby (Synovus); Decosta Jenkins (Pinnacle); Gregory Montana (Synovus); Barry Storey (Synovus); G. Kennedy Thompson (Pinnacle); Teresa White (Synovus). The merger has been approved by the boards of both companies and received shareholder and federal and state bank regulatory approvals. The deal is expected to close January 1, 2026, with full integration anticipated by 2027. Synovus locations will continue operating under that brand through 2026.내러티브 업데이트 • Dec 01PNFP: Merger Completion In Early 2026 Will Drive Re-Rating OpportunityPinnacle Financial Partners' analyst price target has increased modestly from $107.08 to $107.81, as analysts cite updated revenue and profitability estimates in light of recent merger developments and model revisions. Analyst Commentary Recent analyst research reveals a mix of optimism and caution regarding Pinnacle Financial Partners following the company's merger announcement and updated financial projections.New Risk • Nov 29New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$630k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Recent Insider Transactions • Nov 29Co-Founder & Chairman recently sold US$630k worth of stockOn the 26th of November, Robert McCabe sold around 7k shares on-market at roughly US$93.00 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$17m.공시 • Nov 26Pinnacle and Synovus Receive Federal Bank Regulatory Approval to CombineThe proposed combination of Pinnacle Financial Partners and Synovus Financial Corp. has received regulatory approval from the Board of Governors of the Federal Reserve System. With shareholders of each company approving the merger on November 6, 2025, Pinnacle and Synovus anticipate completing the merger Jan. 1, 2026, subject to satisfaction of the remaining customary closing conditions. Integration teams are working closely together toward closing with clear plans for how the firm will operate on Day One, while also building the blueprint for integration. Throughout 2026, team members will work to bring systems, processes and people under the Pinnacle brand. Full system and brand conversions are expected to take place in the first half of 2027. Until then, clients at both firms should see very little change in their day-to-day business, and Synovus locations will continue to operate under the Synovus brand.내러티브 업데이트 • Nov 17PNFP: Successful Synovus Integration Will Unlock Long-Term Upside PotentialAnalysts have modestly reduced their price targets for Pinnacle Financial Partners. Updated estimates reflect continued merger-related execution risks and a cautious outlook, as the average target declines from approximately $107.77 to $107.08.내러티브 업데이트 • Nov 01PNFP: Revenue Momentum And Pending Synovus Merger Will Drive Future UpsidePinnacle Financial Partners' analyst price target has been reduced by approximately $1.54 to $107.77, as analysts cite cautious outlooks related to integration risk and merger timing, even with adjusted revenue expectations. Analyst Commentary Recent analyst actions reflect a mix of optimism and cautious perspectives regarding Pinnacle Financial Partners in light of its pending merger with Synovus.Declared Dividend • Oct 24Third quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 7th November 2025 Payment date: 28th November 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (9% forecast payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Oct 23Independent Director recently bought US$438k worth of stockOn the 20th of October, G. Thompson bought around 5k shares on-market at roughly US$87.63 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$2.0m. Despite this recent purchase, insiders have collectively sold US$32m more in shares than they bought in the last 12 months.공시 • Oct 22Pinnacle Financial Partners, Inc. Approves Cash Dividend for the Third Quarter of 2025, Payable on November 28, 2025Pinnacle Financial Partners, Inc. announced that its Board of Directors has approved a $0.24 per share cash dividend to be paid on November 28, 2025 to common shareholders of record as of the close of business on November 7, 2025.Reported Earnings • Oct 18Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$2.20 (up from US$1.87 in 3Q 2024). Revenue: US$512.9m (up 16% from 3Q 2024). Net income: US$169.3m (up 19% from 3Q 2024). Profit margin: 33% (in line with 3Q 2024). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.8%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.내러티브 업데이트 • Oct 17Sun Belt Markets And Digital Banking Will Unlock Future ValueThe analyst price target for Pinnacle Financial Partners has been lowered modestly, with the average fair value estimate falling from approximately $112.08 to $109.31. Analysts cite the upcoming Synovus merger, ongoing integration risks, and mixed expectations for future performance as reasons for this adjustment.공시 • Oct 16Pinnacle Financial Partners, Inc. Announces Unaudited Net Loan Charge-Offs for the Third Quarter Ended September 30, 2025Pinnacle Financial Partners, Inc. announced unaudited net loan charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net loan charge-offs of $16,788,000 against $18,348,000 a year ago.공시 • Sep 16Pinnacle Financial Partners, Inc. to Report Q3, 2025 Results on Oct 15, 2025Pinnacle Financial Partners, Inc. announced that they will report Q3, 2025 results After-Market on Oct 15, 2025내러티브 업데이트 • Sep 04Sun Belt Markets And Digital Banking Will Unlock Future ValueAnalysts maintain a stable price target of $110.83 for Pinnacle Financial Partners, balancing continued strong performance and sector tailwinds against M&A-related uncertainties and existing optimistic forecasts. Analyst Commentary Bullish analysts cited continued strong quarterly performance, reflecting robust fundamentals and earnings momentum for Pinnacle Financial.공시 • Aug 22Pinnacle Financial Partners, Inc. and Synovus Financial Corp. Announces Executive Leadership Team for Combined CompanyPinnacle Financial Partners, Inc. and Synovus Financial Corp. have named the combined company’s expected executive leadership team in the next step to bringing together two of the top-performing regional banks. The merger between Pinnacle and Synovus is expected to close in the first quarter of 2026, at which time President and CEO Kevin Blair will be joined by an experienced team of leaders that draws from the best of both institutions. Upon closing, this team is expected to lead the firm’s most critical corporate functions to drive transformative growth, ignite innovation and shape the future of the combined company under the Pinnacle brand. Rob McCabe, Chief Banking Officer. Jamie Gregory, Chief Financial Officer. Zack Bishop, Chief Operating Officer. Shellie Creson, Chief Risk Officer. Allan Kamensky, Chief Legal Officer. Matt Paluch, Chief of Staff to Kevin Blair. Dana Sanders, Chief Audit Executive. Charissa Sumerlin, Chief Credit Officer. Jennifer Upshaw, Chief Administrative Officer. Liz Wolverton, Chief Digital and Product Solutions Officer. Summer Yeiser, Chief People Officer. Reporting to Blair, McCabe will lead revenue-producing units for the combined firm, including the previously announced geographic leaders and the team tasked with delivering exceptional service and advice to clients across the firm’s footprint while maintaining local relationship management and a geographic model. Wayne Akins – Wealth management, including trust and investment solutions; mortgage; and third-party payments. Rick Arthur – Consumer and small business banking, including specialty deposit offerings. Kevin Combs – Franchise; quick service restaurant; solar and alternative energy; and convenience and gas Industries. Tom Dierdorff – Banking and advisory solutions to financial institutions; technology, media and communications; and healthcare industries. Kris Foster – Equipment and aircraft finance; dealer industry banking. · Mike Hammontree – Commercial payments products and programs, including treasury management, merchant card services, international trade services and foreign exchange. Kevin Howard – Institutional commercial real estate lending, structured lending, government banking, senior housing and other specialty banking services. Andy Moats – Music, entertainment and sports banking. Dan Stubblefield– Organizational performance optimization. Upon closing, Pinnacle President and CEO Terry Turner will become non-executive chairman of the board of directors of Pinnacle with McCabe serving as vice chairman, ensuring a smooth transition. Their continued leadership of the combined company forms a deep connection to Pinnacle’s founding and the model that has made it one of the most highly regarded banks and bank stocks in the country. Both firms have established Integration Management Office teams to coordinate decisions and align priorities to build a strong, unified organization upon closing of the transaction. Upshaw and Arthur will lead these efforts for Synovus and Pinnacle, respectively, engaging teams from across both organizations to identify and execute top integration planning priorities.Recent Insider Transactions • Aug 06Independent Director recently bought US$857k worth of stockOn the 1st of August, G. Thompson bought around 10k shares on-market at roughly US$85.65 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$35m more in shares than they bought in the last 12 months.Price Target Changed • Jul 28Price target decreased by 7.1% to US$122Down from US$131, the current price target is an average from 12 analysts. New target price is 33% above last closing price of US$91.85. Stock is down 4.2% over the past year. The company is forecast to post earnings per share of US$7.85 for next year compared to US$6.01 last year.Valuation Update With 7 Day Price Move • Jul 25Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$91.56, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 20% over the past three years.공시 • Jul 25Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion.Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion on July 24, 2025. The all-stock consideration represent a exchange ratio of 0.5237 per common equity of Synovus Financial Corp. This exchange ratio represents a Synovus per share value of $61.18. Synovus shareholders will own approximately 48.5% and Pinnacle shareholders will own approximately 51.5% of the combined company. The transaction is expected to be tax-free to shareholders of both companies. Buy side and sell side termination fee is $425 million. The combined company, which will operate under the Pinnacle Financial Partners and Pinnacle Bank name and brand, will be led by a highly experienced team with a shared growth mindset. Kevin Blair will serve as President and Chief Executive Officer, Terry Turner will serve as Chairman of the Board of Directors, Jamie Gregory will serve as Chief Financial Officer, and Rob McCabe will become Vice Chairman and Chief Banking Officer of the combined company. The transaction is subject to approval by regulatory board / committee, approval of merger agreement Pinnacle and Synovus shareholders and board, authorization for listing on the New York Stock Exchange of the shares of Newco Common Stock and Newco Preferred Stock, effectiveness of the registration statement on Form S-4 and the satisfaction of other customary closing conditions. The deal has been unanimously approved by the board of directors of both Synovus and Pinnacle. The expected completion of the transaction is first quarter of 2026. Centerview Partners LLC acted as financial advisor for Pinnacle Financial Partners, Inc. H. Rodgin Cohen and Mitchell S. Eitel of Sullivan & Cromwell LLP and Bass, Berry & Sims, PLC, acted as legal advisor for Pinnacle Financial Partners, Inc. Piper Sandler & Co. acted as financial advisor for Pinnacle Financial Partners, Inc. Morgan Stanley & Co. LLC acted as financial advisor for Synovus Financial Corp. Edward D. Herlihy and Brandon C. Price of Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Synovus Financial Corp. Keefe, Bruyette & Woods, Inc. acted as financial advisor for Synovus Financial Corp. Sullivan & Cromwell LLP has been assisted by Bass, Berry & Sims, PLC in the transaction.Declared Dividend • Jul 18Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 1st August 2025 Payment date: 29th August 2025 Dividend yield will be 0.8%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (11% forecast payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Jul 17Price target increased by 7.5% to US$131Up from US$122, the current price target is an average from 12 analysts. New target price is 11% above last closing price of US$119. Stock is up 27% over the past year. The company is forecast to post earnings per share of US$7.86 for next year compared to US$6.01 last year.Reported Earnings • Jul 16Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$2.01 (up from US$0.65 in 2Q 2024). Revenue: US$480.7m (up 43% from 2Q 2024). Net income: US$154.7m (up 213% from 2Q 2024). Profit margin: 32% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.6%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.공시 • Jul 16Pinnacle Financial Partners, Inc. Approves Quarterly Cash Dividend, Payable on August 29, 2025On July 15, 2025, Pinnacle Financial's Board of Directors approved a quarterly cash dividend of $0.24 per common share to be paid on August 29, 2025 to common shareholders of record as of the close of business on August 1, 2025.공시 • Jul 02Pinnacle Financial Partners, Inc. to Report Q2, 2025 Results on Jul 15, 2025Pinnacle Financial Partners, Inc. announced that they will report Q2, 2025 results After-Market on Jul 15, 2025공시 • May 15Pinnacle Financial Partners, Tarkenton Companies, and Gener8tor Launch Fintech Accelerator for Underrepresented Founders in AtlantaPinnacle Financial Partners, Tarkenton Companies, and gener8tor are banding together to provide new business opportunities for underrepresented founders in the local financial community. The organizations are launching a startup accelerator with Pinnacle making the initial investment of $1 million. The announcement and check presentation will take place at the grand opening of the Pinnacle Economic Empowerment Resource (PEER) Center this May 15, 2025. Designed to supercharge innovation and entrepreneurship in the Southeast, gener8tor specifically supports those who have historically lacked access to capital, mentorship, and growth infrastructure. This powerful collaboration brings together three forces: an Atlanta business legend with a passion for entrepreneurs, one of the Southeast's fastest-growing banks known for its deep community investments, and an internationally respected accelerator program with a proven mentorship-driven model. The inaugural cohort will include five high-potential FinTech startups led by diverse founders solving real-world financial challenges. Participants will be selected for their vision, innovation, traction, and potential impact. Programming will be powered by gener8tor's nationally ranked model, which has helped accelerator alumni raise $2.4B+ and create more than 13,000 jobs. Foundation will work, learn, and network from the newly opened Pinnacle Economic Em power Resource (PEER) Center at 384 Northyards Blvd. NW--a hub for financial education and business support designed to uplift underserved communities. The accelerator kicks off in third quarter 2025. Applications for the inaugural five-company cohort open in June. Foundation can learn more and apply at Media are invited to tour the newly opened PEER Center and to speak to all involved on May 15th at 4PM. It is the top-ranked bank in the Nashville-Murfreesboro-Franklin MSA and No. 9 on FORTUNE's 2025 Best Companies to Work For®? list. With $54.3 billion in assets, Pinnacle operates across urban markets in the Southeast. Pinnacle expanded to Georgia in 2020 by hiring a team of local financial services professionals to start an office in Atlanta. The firm was named to the list of Best Places to Work in Atlanta, medium company category, four years in a row by the Atlanta Business Chronicle, including a No. 1 ranking in 2022 and No. 2 in 2023.Recent Insider Transactions • May 12Co-Founder & Chairman recently sold US$5.3m worth of stockOn the 7th of May, Robert McCabe sold around 51k shares on-market at roughly US$105 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$16m.Recent Insider Transactions Derivative • May 09Co-Founder & Chairman notifies of intention to sell stockRobert McCabe intends to sell 51k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of May. If the sale is conducted around the recent share price of US$105, it would amount to US$5.3m. Since December 2024, Robert's direct individual holding has increased from 290.51k shares to 361.10k. Company insiders have collectively sold US$30m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Apr 19First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 2nd May 2025 Payment date: 30th May 2025 Dividend yield will be 1.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (14% payout ratio) and is expected to be well covered in 3 years' time (11% forecast payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 16First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: EPS: US$1.78 (up from US$1.58 in 1Q 2024). Revenue: US$445.9m (up 13% from 1Q 2024). Net income: US$136.6m (up 14% from 1Q 2024). Profit margin: 31% (in line with 1Q 2024). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Apr 16Pinnacle Financial Partners, Inc. Approves Quarterly Cash Dividend for the First Quarter of 2025, Payable on May 30, 2025Pinnacle Financial Partners, Inc. announced that its Board of Directors has approved a $0.24 per share cash dividend to be paid on May 30, 2025 to common shareholders of record as of the close of business on May 2, 2025.공시 • Apr 15Pinnacle Financial Partners, Inc. Announces Impairment Charges for the Three Months Ended March 31, 2025Pinnacle Financial Partners, Inc. announced impairment charges for the three months ended March 31, 2025. For the period, the company announced net loan charge-offs of $13,992,000 compared to $16,215,000.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$87.19, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Banks industry in the US. Total returns to shareholders of 5.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$151 per share.공시 • Apr 01Pinnacle Financial Partners, Inc. to Report Q1, 2025 Results on Apr 14, 2025Pinnacle Financial Partners, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 14, 2025공시 • Mar 04Pinnacle Financial Partners, Inc., Annual General Meeting, Apr 15, 2025Pinnacle Financial Partners, Inc., Annual General Meeting, Apr 15, 2025. Location: our new offices on the 23rd floor of the pinnacle, at nashville yards at 21 platform way south, tennessee 37203, nashville United StatesRecent Insider Transactions • Feb 28Co-Founder & Chairman recently sold US$4.6m worth of stockOn the 24th of February, Robert McCabe sold around 40k shares on-market at roughly US$114 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$7.3m. Robert has been a net seller over the last 12 months, reducing personal holdings by US$20m.Recent Insider Transactions Derivative • Feb 27President notifies of intention to sell stockMichael Turner intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of February. If the sale is conducted around the recent share price of US$113, it would amount to US$1.1m. For the year to December 2018, Michael's total compensation was 21% salary and 79% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Michael's direct individual holding has decreased from 325.84k shares to 261.11k. Company insiders have collectively sold US$41m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Feb 23Pinnacle Financial: Downgrading To Hold And Maintaining A Rosy Earnings OutlookSummary After worsening steadily for the last few years, the efficiency ratio will likely stabilize this year as the recent hires start bearing fruit. The loan growth outlook is positive because of the record number of revenue producers hired last year. The recent network expansion should also contribute to loan growth. The margin will likely expand due to the upcoming maturities of fixed-rate loans. I haven’t changed my earnings estimate much for 2025. I’m expecting an EPS of $7.62 for this year. PNFP is offering a dividend yield of 0.84%. Further, currently, the stock price is above my year-end target price. Read the full article on Seeking AlphaRecent Insider Transactions • Feb 11Insider recently sold US$6.0m worth of stockOn the 6th of February, David Ingram sold around 47k shares on-market at roughly US$127 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$7.3m. Insiders have been net sellers, collectively disposing of US$41m more than they bought in the last 12 months.Recent Insider Transactions • Feb 05Insider recently sold US$7.3m worth of stockOn the 31st of January, David Ingram sold around 58k shares on-market at roughly US$126 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$35m more than they bought in the last 12 months.Declared Dividend • Jan 24Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 7th February 2025 Payment date: 28th February 2025 Dividend yield will be 0.7%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 15%. Forecast payout ratio in 3 years: 10%.Reported Earnings • Jan 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: US$6.01 (down from US$7.20 in FY 2023). Revenue: US$1.62b (flat on FY 2023). Net income: US$459.9m (down 16% from FY 2023). Profit margin: 28% (down from 34% in FY 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공시 • Jan 10Pinnacle Financial Partners, Inc. to Report Q4, 2024 Results on Jan 21, 2025Pinnacle Financial Partners, Inc. announced that they will report Q4, 2024 results After-Market on Jan 21, 2025Price Target Changed • Dec 31Price target increased by 7.2% to US$131Up from US$122, the current price target is an average from 10 analysts. New target price is 15% above last closing price of US$114. Stock is up 31% over the past year. The company is forecast to post earnings per share of US$5.85 for next year compared to US$7.20 last year.Recent Insider Transactions • Dec 12Co-Founder & Chairman recently sold US$6.2m worth of stockOn the 6th of December, Robert McCabe sold around 50k shares on-market at roughly US$124 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$16m.Recent Insider Transactions Derivative • Dec 08Co-Founder & Chairman notifies of intention to sell stockRobert McCabe intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of December. If the sale is conducted around the recent share price of US$124, it would amount to US$6.2m. Since December 2023, Robert's direct individual holding has decreased from 389.03k shares to 340.29k. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Nov 19Price target increased by 9.3% to US$117Up from US$107, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$123. Stock is up 74% over the past year. The company is forecast to post earnings per share of US$5.86 for next year compared to US$7.20 last year.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$123, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$171 per share.Declared Dividend • Oct 18Third quarter dividend of US$0.22 announcedDividend of US$0.22 is the same as last year. Ex-date: 1st November 2024 Payment date: 29th November 2024 Dividend yield will be 0.8%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (17% payout ratio) and is expected to be well covered in 3 years' time (11% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 53% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 16Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.87 (up from US$1.69 in 3Q 2023). Revenue: US$440.5m (up 16% from 3Q 2023). Net income: US$142.9m (up 11% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 5.4%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • Oct 16Pinnacle Financial Partners, Inc. Approves Quarterly Cash Dividend, Payable on Nov. 29, 2024On Oct. 15, 2024, Pinnacle Financial's Board of Directors approved a quarterly cash dividend of $0.22 per common share to be paid on Nov. 29, 2024 to common shareholders of record as of the close of business on Nov. 1, 2024.Seeking Alpha • Oct 10Pinnacle Financial Partners: Loan Renewals, Organic Loan Growth To Drive EarningsSummary A large amount of low-yielding fixed-rate loans will mature in the second half of 2024. The reinvestment will lift the margin despite the falling rate environment. I’m expecting loan growth to improve because of interest rate cuts as well as Tennessee’s economic strength. Weakness in the BHG group will likely undermine the growth of core fee income. The December 2025 target price suggests a small upside from the current market price. PNFP is offering a very low dividend yield of 0.94%. Read the full article on Seeking Alpha공시 • Oct 01Pinnacle Financial Partners, Inc. to Report Q3, 2024 Results on Oct 15, 2024Pinnacle Financial Partners, Inc. announced that they will report Q3, 2024 results After-Market on Oct 15, 2024새로운 내러티브 • Aug 28Tactical Moves And Risk Management Set To Enhance Bank's Revenue And Capital Strength Strategic focus on securities repositioning and specialty deposit growth aims to improve net interest income and reduce dependency on higher-cost funding.Major Estimate Revision • Jul 23Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$6.84 to US$5.87 per share. Revenue forecast steady at US$1.78b. Net income forecast to grow 36% next year vs 3.3% growth forecast for Banks industry in the US. Consensus price target up from US$94.33 to US$103. Share price rose 6.7% to US$94.67 over the past week.Declared Dividend • Jul 19Second quarter dividend of US$0.22 announcedDividend of US$0.22 is the same as last year. Ex-date: 2nd August 2024 Payment date: 30th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (17% payout ratio) and is expected to be well covered in 3 years' time (10% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Jul 18Price target increased by 7.2% to US$102Up from US$94.67, the current price target is an average from 12 analysts. New target price is 8.4% above last closing price of US$93.64. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$5.89 for next year compared to US$7.20 last year.Seeking Alpha • Jul 18Pinnacle Financial Partners: Exceptional Growth Can Still Drive UpsideSummary Pinnacle Financial Partners had a somewhat noisy Q2, but core results were better than expected, with revenue, net interest income, and fee income beating expectations, driving a $0.04/share pre-provision beat. Pinnacle's growth model, focused on customer service and hiring talented and experienced loan officers from rivals, provides a long runway for growth, with opportunities in multiple markets. Expansion into Washington, DC has already been a greater success than Atlanta, and Jacksonville is next up. I can't say that Pinnacle shares are significantly undervalued, but this is one of the cleanest growth stories in banking right now. Read the full article on Seeking AlphaReported Earnings • Jul 17Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.65 (down from US$2.55 in 2Q 2023). Revenue: US$336.4m (down 27% from 2Q 2023). Net income: US$49.4m (down 75% from 2Q 2023). Profit margin: 15% (down from 42% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.공시 • Jul 17+ 1 more updatePinnacle Financial Partners, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2024Pinnacle Financial Partners, Inc. reported net loan charge-offs for the second quarter ended June 30, 2024. For the quarter, the company reported net loan charge-offs of $22,895,000 compared to $9,771,000 a year ago.이익 및 매출 성장 예측NYSE:PNFP - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20285,986N/AN/AN/A412/31/20275,5001,662N/AN/A1612/31/20265,0731,141N/AN/A103/31/20262,6446261,6181,707N/A12/31/20251,948627665759N/A9/30/20251,8846081,0481,143N/A6/30/20251,812581769861N/A3/31/20251,668476585685N/A12/31/20241,616460807904N/A9/30/20241,551404426512N/A6/30/20241,491389436512N/A3/31/20241,612534256316N/A12/31/20231,602547400478N/A9/30/20231,599590397476N/A6/30/20231,601606566654N/A3/31/20231,520554823913N/A12/31/20221,477546541605N/A9/30/20221,437541665719N/A6/30/20221,392529535570N/A3/31/20221,344516562590N/A12/31/20211,312512634657N/A9/30/20211,270489539564N/A6/30/20211,213464498529N/A3/31/20211,080398451490N/A12/31/2020936305387427N/A9/30/2020890294382422N/A6/30/2020879297402435N/A3/31/2020937335289336N/A12/31/20191,004401N/A431N/A9/30/2019993400N/A467N/A6/30/2019955383N/A444N/A3/31/2019922370N/A545N/A12/31/2018903359N/A471N/A9/30/2018870291N/A364N/A6/30/2018847262N/A292N/A3/31/2018761218N/A239N/A12/31/2017665174N/A166N/A9/30/2017577183N/A169N/A6/30/2017480151N/A151N/A3/31/2017447139N/A110N/A12/31/2016428127N/A152N/A9/30/2016403118N/A128N/A6/30/2016372110N/A115N/A3/31/2016340102N/A103N/A12/31/201531496N/A85N/A9/30/201528487N/A69N/A6/30/201526481N/A99N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: PNFP 의 연간 예상 수익 증가율(51.4%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: PNFP 의 연간 수익(51.4%)이 US 시장(17.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: PNFP 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: PNFP 의 수익(연간 27.9%)이 US 시장(연간 12.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: PNFP 의 수익(연간 27.9%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: PNFP의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/11 17:36종가2026/06/11 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Pinnacle Financial Partners, Inc.는 31명의 분석가가 다루고 있습니다. 이 중 16명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David GeorgeBairdJared David ShawBarclaysEbrahim PoonawalaBofA Global Research28명의 분석가 더 보기
Major Estimate Revision • May 01Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$7.01 to US$7.72. Revenue forecast steady at US$5.08b. Net income forecast to grow 107% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$111 to US$116. Share price rose 2.9% to US$98.64 over the past week.
Major Estimate Revision • Jan 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$4.92b to US$5.02b. EPS estimate increased from US$7.12 to US$7.96 per share. Net income forecast to grow 89% next year vs 16% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$116. Share price fell 2.0% to US$95.09 over the past week.
Price Target Changed • Jul 28Price target decreased by 7.1% to US$122Down from US$131, the current price target is an average from 12 analysts. New target price is 33% above last closing price of US$91.85. Stock is down 4.2% over the past year. The company is forecast to post earnings per share of US$7.85 for next year compared to US$6.01 last year.
Price Target Changed • Jul 17Price target increased by 7.5% to US$131Up from US$122, the current price target is an average from 12 analysts. New target price is 11% above last closing price of US$119. Stock is up 27% over the past year. The company is forecast to post earnings per share of US$7.86 for next year compared to US$6.01 last year.
Price Target Changed • Dec 31Price target increased by 7.2% to US$131Up from US$122, the current price target is an average from 10 analysts. New target price is 15% above last closing price of US$114. Stock is up 31% over the past year. The company is forecast to post earnings per share of US$5.85 for next year compared to US$7.20 last year.
Price Target Changed • Nov 19Price target increased by 9.3% to US$117Up from US$107, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$123. Stock is up 74% over the past year. The company is forecast to post earnings per share of US$5.86 for next year compared to US$7.20 last year.
공시 • 11hPinnacle Financial Partners, Inc. to Report Q2, 2026 Results on Jul 22, 2026Pinnacle Financial Partners, Inc. announced that they will report Q2, 2026 results After-Market on Jul 22, 2026
속보 • Jun 09Pinnacle Financial Partners Highlights 2026 Outlook With Hiring Surge and Major Liquidity StepsPinnacle Financial Partners plans to present an updated 2Q26 outlook, hiring progress, liquidity moves and merger-integration milestones at the Morgan Stanley US Financials Conference. The company reports hiring 98 revenue producers year to date through May 31, 2026, and expects 70 to 80 additional hires in 2Q26. Recent liquidity and integration actions include issuing US$750m of senior debt, selling about US$1.0b of municipal securities and beginning preparation for CD1 conversion. The combination of aggressive revenue-producer hiring and active balance sheet management indicates that management is focused on both growth and funding flexibility as it moves through its current merger-integration phase. You may want to watch for details from the conference on how the new hires, security sales and debt issuance may influence earning capacity, funding costs and any integration-related execution risk.
내러티브 업데이트 • Jun 05PNFP: Loan Expansion Outlook Will Support Confidence In Future Earnings PowerAnalysts have nudged the price target for Pinnacle Financial Partners higher to $116.79, citing the stock's valuation discount, recent initiations and target hikes clustered around $115, and confidence in the bank's ability to deliver above average organic growth and high single digit loan expansion. Analyst Commentary Recent research has centered on how Pinnacle Financial Partners balances its valuation discount with expectations for organic growth and loan expansion.
내러티브 업데이트 • May 21PNFP: Higher Future P/E Assumptions Will Reflect Loan Growth Execution PotentialAnalysts have nudged their price target for Pinnacle Financial Partners higher to $116.79 from $115.39, reflecting updated views on the stock's valuation discount, loan growth outlook, and expected profitability. Analyst Commentary Street research around Pinnacle Financial Partners has been active, with a mix of new coverage initiations, higher price targets, and some target trims as views on growth and profitability evolve.
Major Estimate Revision • May 01Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$7.01 to US$7.72. Revenue forecast steady at US$5.08b. Net income forecast to grow 107% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$111 to US$116. Share price rose 2.9% to US$98.64 over the past week.
내러티브 업데이트 • Apr 27PNFP: Higher Future P/E Assumptions Will Drive Share Re RatingAnalysts have nudged the average price target for Pinnacle Financial Partners slightly lower to about $115, reflecting updated assumptions on revenue growth, profit margins and future P/E expectations across a mix of recent target raises and cuts from major firms. Analyst Commentary The recent flurry of price target changes for Pinnacle Financial Partners has been mixed, with both raises and cuts clustered over a relatively short period.
Seeking Alpha • Apr 25Pinnacle Financial Partners: Post-Merger Goals Are On TrackSummary Pinnacle Financial Partners remains a buy as Synovus integration progresses and accretive benefits materialize. PNFP delivered strong Q1 results, with 10% organic loan growth, robust deposit inflows, and NIM at 3.53%, near the high end of guidance. Private credit exposure is under 10%, conservatively structured, and nonperforming loans remain low, supporting credit quality confidence. Shares trade below 10x 2026 EPS, with capital ratios expected to reach target levels and potential for multiple expansion above $110. Read the full article on Seeking Alpha
Reported Earnings • Apr 24First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.89 (down from US$1.78 in 1Q 2025). Revenue: US$1.14b (up 156% from 1Q 2025). Net income: US$135.0m (down 1.2% from 1Q 2025). Profit margin: 12% (down from 31% in 1Q 2025). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 9.6%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 23Fourth quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 1st May 2026 Payment date: 29th May 2026 Dividend yield will be 1.5%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (15% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 21Pinnacle Financial Partners, Inc. Announces Common Dividend, Payable on May 29, 2026The board of directors of Pinnacle Financial Partners, Inc. approved the following dividends for holders of common stock: $0.50 per share on the firm’s common stock, payable on May 29, 2026, to shareholders of record as of May 1, 2026.
공시 • Apr 10Pinnacle Financial Partners, Inc., Annual General Meeting, May 21, 2026Pinnacle Financial Partners, Inc., Annual General Meeting, May 21, 2026.
내러티브 업데이트 • Mar 25PNFP: Synovus Merger Execution And Steeper Yield Curve Will Drive Re RatingThe consensus analyst price target for Pinnacle Financial Partners has shifted slightly, with the updated fair value estimate moving by about $1 to $115.58 as analysts incorporate recent target tweaks across firms and their views on bank sector tailwinds, valuation gaps, and the Synovus acquisition setup. Analyst Commentary Recent research updates on Pinnacle Financial Partners cluster around price target revisions and fresh coverage, giving you a clearer view of how the Street is weighing the Synovus acquisition setup, bank sector conditions, and valuation against execution risks.
공시 • Mar 24Pinnacle Financial Partners, Inc. to Report Q1, 2026 Results on Apr 22, 2026Pinnacle Financial Partners, Inc. announced that they will report Q1, 2026 results After-Market on Apr 22, 2026
내러티브 업데이트 • Mar 11PNFP: Synovus Integration Year And Steeper Yield Curve Will Drive Re RatingThe updated analyst price target for Pinnacle Financial Partners edges down slightly to about $116.10 from $116.37, with analysts pointing to refreshed assumptions on discount rates, revenue growth, profit margins, and future P/E. These changes keep their broader thesis intact while fine tuning valuation inputs.
Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.15 (up from US$6.01 in FY 2024). Revenue: US$1.95b (up 21% from FY 2024). Net income: US$626.7m (up 36% from FY 2024). Profit margin: 32% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Non-performing loans: 0.34% (down from 0.42% in FY 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
내러티브 업데이트 • Feb 25PNFP: Synovus Integration And Steeper Yield Curve Will Drive Re RatingAnalysts have inched their average price target on Pinnacle Financial Partners higher to about $116, citing recent research that tweaks fair value assumptions, future P/E expectations, and profitability estimates across multiple firms. Analyst Commentary Recent research on Pinnacle Financial Partners reflects a mix of optimism and caution, with several firms adjusting price targets as they refresh their bank models and outlooks for mid cap regional lenders.
내러티브 업데이트 • Feb 10PNFP: 2026 Synovus Integration And Mid Cap Re Rating Will Drive UpsideAnalysts have modestly raised their blended price target on Pinnacle Financial Partners to about US$116, reflecting incremental adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions following a series of recent target revisions across the Street. Analyst Commentary Recent research updates on Pinnacle Financial Partners show a mix of optimism and caution, with several firms adjusting price targets and refining their views on how the bank might execute on growth plans, manage integration, and close any valuation gaps relative to peers.
Major Estimate Revision • Jan 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$4.92b to US$5.02b. EPS estimate increased from US$7.12 to US$7.96 per share. Net income forecast to grow 89% next year vs 16% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$116. Share price fell 2.0% to US$95.09 over the past week.
분석 기사 • Jan 30Pinnacle Financial Partners (NYSE:PNFP) Is Increasing Its Dividend To $0.50Pinnacle Financial Partners, Inc. ( NYSE:PNFP ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jan 29Fourth quarter dividend increased to US$0.50Dividend of US$0.50 is 108% higher than last year. Ex-date: 6th February 2026 Payment date: 27th February 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (13% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
내러티브 업데이트 • Jan 27PNFP: 2026 Merger Integration And Mid Cap Catch Up Will Unlock UpsideOur fair value estimate for Pinnacle Financial Partners has inched up to $115.71 from $114.86 as analysts lift price targets by $4 to $5 across several firms, citing updated views on growth, profitability and the bank's role in a mid cap group they see as poised for catch up in 2026. Analyst Commentary Recent research shows a mix of optimism and caution around Pinnacle Financial Partners, with several firms adjusting price targets and refreshing views ahead of upcoming earnings and through 2026.
공시 • Jan 27Pinnacle Financial Partners Announces Common Dividend, Payable on February 27, 2026Pinnacle Financial Partners, Inc. announced that its Board of Directors has approved a $0.50 per share cash dividend to be paid on February 27, 2026, to common shareholders of record as of the close of business on February 6, 2026.
Reported Earnings • Jan 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: US$8.15 (up from US$6.01 in FY 2024). Revenue: US$1.95b (up 21% from FY 2024). Net income: US$626.7m (up 36% from FY 2024). Profit margin: 32% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Jan 22Pinnacle Financial Partners, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2025Pinnacle Financial Partners, Inc. reported net loan charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net loan charge-offs of $27,011,000 against $20,807,000 a year ago.
New Risk • Jan 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
내러티브 업데이트 • Jan 12PNFP: Early 2026 Merger Completion Will Drive Mid Cap Re Rating PotentialNarrative Update The updated analyst price target for Pinnacle Financial Partners edges higher, with our fair value estimate moving from about US$110.23 to roughly US$114.86, as analysts factor in a series of higher Street targets that highlight potential re rating catalysts around the Synovus merger, mid cap bank catch up themes, and ongoing valuation gaps versus larger peers. Analyst Commentary Recent Street research around Pinnacle Financial Partners clusters around two main themes: the proposed Synovus merger, and how quickly the combined bank can earn a higher valuation multiple once integration risks are behind it.
공시 • Jan 02+ 4 more updatesPinnacle Financial Partners, Inc. and Pinnacle Bank Appoints Andrew J. Gregory as Chief Financial OfficerPinnacle Financial Partners, Inc. announced the completion of the merger of Pinnacle Financial Partners, Inc., a Tennessee corporation, and Synovus Financial Corp., a Georgia corporation, with the combined firm now operating as one bank holding company under the name Pinnacle Financial Partners, Inc. Following the bank holding company merger, Pinnacle Bank became a member bank of the Federal Reserve System and Synovus Bank merged into Pinnacle Bank, with Pinnacle Bank as the surviving bank in the bank merger. The combined Pinnacle Bank will operate under both the Pinnacle and Synovus brands, consolidating under the Pinnacle brand in early 2027. Mr. Andrew J. Gregory will serve as Chief Financial Officer of the Corporation and of Pinnacle Bank reporting to the Chief Executive Officer.
공시 • Dec 17Pinnacle Financial Partners, Inc. to Report Q4, 2025 Results on Jan 21, 2026Pinnacle Financial Partners, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 21, 2026
내러티브 업데이트 • Dec 15PNFP: Early 2026 Merger Completion Will Shape Long Term Re Rating PathThe analyst price target for Pinnacle Financial Partners has been trimmed modestly. The updated valuation framework lifts fair value to about $110, even as analysts, citing merger related execution risk, a longer catalyst path, and the need to see post deal results, reset published targets closer to the mid to high $90 range.
공시 • Dec 03Pinnacle Financial Partners and Synovus Financial Corp. Announce New Board and Executive Appointments Following MergerPinnacle Financial Partners and Synovus Financial Corp. announced the composition of the board of directors for the combined company, which will include eight Pinnacle and seven Synovus directors, with six independent directors from each company. Terry Turner will serve as non-executive chair, and Tim Bentsen, Synovus director, will serve as lead director. Rob McCabe will serve as vice chair. The full list of directors is as anticipated as follows: Terry Turner, chair (Pinnacle); Kevin Blair, president and CEO (Synovus); Tim Bentsen, lead director (Synovus); Rob McCabe, vice chair (Pinnacle); Abney Boxley (Pinnacle); Gregory Burns (Pinnacle); Pedro Cherry (Synovus); Thomas Farnsworth (Pinnacle); David Ingram (Pinnacle); John Irby (Synovus); Decosta Jenkins (Pinnacle); Gregory Montana (Synovus); Barry Storey (Synovus); G. Kennedy Thompson (Pinnacle); Teresa White (Synovus). The merger has been approved by the boards of both companies and received shareholder and federal and state bank regulatory approvals. The deal is expected to close January 1, 2026, with full integration anticipated by 2027. Synovus locations will continue operating under that brand through 2026.
내러티브 업데이트 • Dec 01PNFP: Merger Completion In Early 2026 Will Drive Re-Rating OpportunityPinnacle Financial Partners' analyst price target has increased modestly from $107.08 to $107.81, as analysts cite updated revenue and profitability estimates in light of recent merger developments and model revisions. Analyst Commentary Recent analyst research reveals a mix of optimism and caution regarding Pinnacle Financial Partners following the company's merger announcement and updated financial projections.
New Risk • Nov 29New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$630k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • Nov 29Co-Founder & Chairman recently sold US$630k worth of stockOn the 26th of November, Robert McCabe sold around 7k shares on-market at roughly US$93.00 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$17m.
공시 • Nov 26Pinnacle and Synovus Receive Federal Bank Regulatory Approval to CombineThe proposed combination of Pinnacle Financial Partners and Synovus Financial Corp. has received regulatory approval from the Board of Governors of the Federal Reserve System. With shareholders of each company approving the merger on November 6, 2025, Pinnacle and Synovus anticipate completing the merger Jan. 1, 2026, subject to satisfaction of the remaining customary closing conditions. Integration teams are working closely together toward closing with clear plans for how the firm will operate on Day One, while also building the blueprint for integration. Throughout 2026, team members will work to bring systems, processes and people under the Pinnacle brand. Full system and brand conversions are expected to take place in the first half of 2027. Until then, clients at both firms should see very little change in their day-to-day business, and Synovus locations will continue to operate under the Synovus brand.
내러티브 업데이트 • Nov 17PNFP: Successful Synovus Integration Will Unlock Long-Term Upside PotentialAnalysts have modestly reduced their price targets for Pinnacle Financial Partners. Updated estimates reflect continued merger-related execution risks and a cautious outlook, as the average target declines from approximately $107.77 to $107.08.
내러티브 업데이트 • Nov 01PNFP: Revenue Momentum And Pending Synovus Merger Will Drive Future UpsidePinnacle Financial Partners' analyst price target has been reduced by approximately $1.54 to $107.77, as analysts cite cautious outlooks related to integration risk and merger timing, even with adjusted revenue expectations. Analyst Commentary Recent analyst actions reflect a mix of optimism and cautious perspectives regarding Pinnacle Financial Partners in light of its pending merger with Synovus.
Declared Dividend • Oct 24Third quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 7th November 2025 Payment date: 28th November 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (9% forecast payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Oct 23Independent Director recently bought US$438k worth of stockOn the 20th of October, G. Thompson bought around 5k shares on-market at roughly US$87.63 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$2.0m. Despite this recent purchase, insiders have collectively sold US$32m more in shares than they bought in the last 12 months.
공시 • Oct 22Pinnacle Financial Partners, Inc. Approves Cash Dividend for the Third Quarter of 2025, Payable on November 28, 2025Pinnacle Financial Partners, Inc. announced that its Board of Directors has approved a $0.24 per share cash dividend to be paid on November 28, 2025 to common shareholders of record as of the close of business on November 7, 2025.
Reported Earnings • Oct 18Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$2.20 (up from US$1.87 in 3Q 2024). Revenue: US$512.9m (up 16% from 3Q 2024). Net income: US$169.3m (up 19% from 3Q 2024). Profit margin: 33% (in line with 3Q 2024). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.8%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
내러티브 업데이트 • Oct 17Sun Belt Markets And Digital Banking Will Unlock Future ValueThe analyst price target for Pinnacle Financial Partners has been lowered modestly, with the average fair value estimate falling from approximately $112.08 to $109.31. Analysts cite the upcoming Synovus merger, ongoing integration risks, and mixed expectations for future performance as reasons for this adjustment.
공시 • Oct 16Pinnacle Financial Partners, Inc. Announces Unaudited Net Loan Charge-Offs for the Third Quarter Ended September 30, 2025Pinnacle Financial Partners, Inc. announced unaudited net loan charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net loan charge-offs of $16,788,000 against $18,348,000 a year ago.
공시 • Sep 16Pinnacle Financial Partners, Inc. to Report Q3, 2025 Results on Oct 15, 2025Pinnacle Financial Partners, Inc. announced that they will report Q3, 2025 results After-Market on Oct 15, 2025
내러티브 업데이트 • Sep 04Sun Belt Markets And Digital Banking Will Unlock Future ValueAnalysts maintain a stable price target of $110.83 for Pinnacle Financial Partners, balancing continued strong performance and sector tailwinds against M&A-related uncertainties and existing optimistic forecasts. Analyst Commentary Bullish analysts cited continued strong quarterly performance, reflecting robust fundamentals and earnings momentum for Pinnacle Financial.
공시 • Aug 22Pinnacle Financial Partners, Inc. and Synovus Financial Corp. Announces Executive Leadership Team for Combined CompanyPinnacle Financial Partners, Inc. and Synovus Financial Corp. have named the combined company’s expected executive leadership team in the next step to bringing together two of the top-performing regional banks. The merger between Pinnacle and Synovus is expected to close in the first quarter of 2026, at which time President and CEO Kevin Blair will be joined by an experienced team of leaders that draws from the best of both institutions. Upon closing, this team is expected to lead the firm’s most critical corporate functions to drive transformative growth, ignite innovation and shape the future of the combined company under the Pinnacle brand. Rob McCabe, Chief Banking Officer. Jamie Gregory, Chief Financial Officer. Zack Bishop, Chief Operating Officer. Shellie Creson, Chief Risk Officer. Allan Kamensky, Chief Legal Officer. Matt Paluch, Chief of Staff to Kevin Blair. Dana Sanders, Chief Audit Executive. Charissa Sumerlin, Chief Credit Officer. Jennifer Upshaw, Chief Administrative Officer. Liz Wolverton, Chief Digital and Product Solutions Officer. Summer Yeiser, Chief People Officer. Reporting to Blair, McCabe will lead revenue-producing units for the combined firm, including the previously announced geographic leaders and the team tasked with delivering exceptional service and advice to clients across the firm’s footprint while maintaining local relationship management and a geographic model. Wayne Akins – Wealth management, including trust and investment solutions; mortgage; and third-party payments. Rick Arthur – Consumer and small business banking, including specialty deposit offerings. Kevin Combs – Franchise; quick service restaurant; solar and alternative energy; and convenience and gas Industries. Tom Dierdorff – Banking and advisory solutions to financial institutions; technology, media and communications; and healthcare industries. Kris Foster – Equipment and aircraft finance; dealer industry banking. · Mike Hammontree – Commercial payments products and programs, including treasury management, merchant card services, international trade services and foreign exchange. Kevin Howard – Institutional commercial real estate lending, structured lending, government banking, senior housing and other specialty banking services. Andy Moats – Music, entertainment and sports banking. Dan Stubblefield– Organizational performance optimization. Upon closing, Pinnacle President and CEO Terry Turner will become non-executive chairman of the board of directors of Pinnacle with McCabe serving as vice chairman, ensuring a smooth transition. Their continued leadership of the combined company forms a deep connection to Pinnacle’s founding and the model that has made it one of the most highly regarded banks and bank stocks in the country. Both firms have established Integration Management Office teams to coordinate decisions and align priorities to build a strong, unified organization upon closing of the transaction. Upshaw and Arthur will lead these efforts for Synovus and Pinnacle, respectively, engaging teams from across both organizations to identify and execute top integration planning priorities.
Recent Insider Transactions • Aug 06Independent Director recently bought US$857k worth of stockOn the 1st of August, G. Thompson bought around 10k shares on-market at roughly US$85.65 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$35m more in shares than they bought in the last 12 months.
Price Target Changed • Jul 28Price target decreased by 7.1% to US$122Down from US$131, the current price target is an average from 12 analysts. New target price is 33% above last closing price of US$91.85. Stock is down 4.2% over the past year. The company is forecast to post earnings per share of US$7.85 for next year compared to US$6.01 last year.
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$91.56, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 20% over the past three years.
공시 • Jul 25Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion.Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion on July 24, 2025. The all-stock consideration represent a exchange ratio of 0.5237 per common equity of Synovus Financial Corp. This exchange ratio represents a Synovus per share value of $61.18. Synovus shareholders will own approximately 48.5% and Pinnacle shareholders will own approximately 51.5% of the combined company. The transaction is expected to be tax-free to shareholders of both companies. Buy side and sell side termination fee is $425 million. The combined company, which will operate under the Pinnacle Financial Partners and Pinnacle Bank name and brand, will be led by a highly experienced team with a shared growth mindset. Kevin Blair will serve as President and Chief Executive Officer, Terry Turner will serve as Chairman of the Board of Directors, Jamie Gregory will serve as Chief Financial Officer, and Rob McCabe will become Vice Chairman and Chief Banking Officer of the combined company. The transaction is subject to approval by regulatory board / committee, approval of merger agreement Pinnacle and Synovus shareholders and board, authorization for listing on the New York Stock Exchange of the shares of Newco Common Stock and Newco Preferred Stock, effectiveness of the registration statement on Form S-4 and the satisfaction of other customary closing conditions. The deal has been unanimously approved by the board of directors of both Synovus and Pinnacle. The expected completion of the transaction is first quarter of 2026. Centerview Partners LLC acted as financial advisor for Pinnacle Financial Partners, Inc. H. Rodgin Cohen and Mitchell S. Eitel of Sullivan & Cromwell LLP and Bass, Berry & Sims, PLC, acted as legal advisor for Pinnacle Financial Partners, Inc. Piper Sandler & Co. acted as financial advisor for Pinnacle Financial Partners, Inc. Morgan Stanley & Co. LLC acted as financial advisor for Synovus Financial Corp. Edward D. Herlihy and Brandon C. Price of Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Synovus Financial Corp. Keefe, Bruyette & Woods, Inc. acted as financial advisor for Synovus Financial Corp. Sullivan & Cromwell LLP has been assisted by Bass, Berry & Sims, PLC in the transaction.
Declared Dividend • Jul 18Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 1st August 2025 Payment date: 29th August 2025 Dividend yield will be 0.8%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (12% payout ratio) and is expected to be well covered in 3 years' time (11% forecast payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Jul 17Price target increased by 7.5% to US$131Up from US$122, the current price target is an average from 12 analysts. New target price is 11% above last closing price of US$119. Stock is up 27% over the past year. The company is forecast to post earnings per share of US$7.86 for next year compared to US$6.01 last year.
Reported Earnings • Jul 16Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$2.01 (up from US$0.65 in 2Q 2024). Revenue: US$480.7m (up 43% from 2Q 2024). Net income: US$154.7m (up 213% from 2Q 2024). Profit margin: 32% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.6%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
공시 • Jul 16Pinnacle Financial Partners, Inc. Approves Quarterly Cash Dividend, Payable on August 29, 2025On July 15, 2025, Pinnacle Financial's Board of Directors approved a quarterly cash dividend of $0.24 per common share to be paid on August 29, 2025 to common shareholders of record as of the close of business on August 1, 2025.
공시 • Jul 02Pinnacle Financial Partners, Inc. to Report Q2, 2025 Results on Jul 15, 2025Pinnacle Financial Partners, Inc. announced that they will report Q2, 2025 results After-Market on Jul 15, 2025
공시 • May 15Pinnacle Financial Partners, Tarkenton Companies, and Gener8tor Launch Fintech Accelerator for Underrepresented Founders in AtlantaPinnacle Financial Partners, Tarkenton Companies, and gener8tor are banding together to provide new business opportunities for underrepresented founders in the local financial community. The organizations are launching a startup accelerator with Pinnacle making the initial investment of $1 million. The announcement and check presentation will take place at the grand opening of the Pinnacle Economic Empowerment Resource (PEER) Center this May 15, 2025. Designed to supercharge innovation and entrepreneurship in the Southeast, gener8tor specifically supports those who have historically lacked access to capital, mentorship, and growth infrastructure. This powerful collaboration brings together three forces: an Atlanta business legend with a passion for entrepreneurs, one of the Southeast's fastest-growing banks known for its deep community investments, and an internationally respected accelerator program with a proven mentorship-driven model. The inaugural cohort will include five high-potential FinTech startups led by diverse founders solving real-world financial challenges. Participants will be selected for their vision, innovation, traction, and potential impact. Programming will be powered by gener8tor's nationally ranked model, which has helped accelerator alumni raise $2.4B+ and create more than 13,000 jobs. Foundation will work, learn, and network from the newly opened Pinnacle Economic Em power Resource (PEER) Center at 384 Northyards Blvd. NW--a hub for financial education and business support designed to uplift underserved communities. The accelerator kicks off in third quarter 2025. Applications for the inaugural five-company cohort open in June. Foundation can learn more and apply at Media are invited to tour the newly opened PEER Center and to speak to all involved on May 15th at 4PM. It is the top-ranked bank in the Nashville-Murfreesboro-Franklin MSA and No. 9 on FORTUNE's 2025 Best Companies to Work For®? list. With $54.3 billion in assets, Pinnacle operates across urban markets in the Southeast. Pinnacle expanded to Georgia in 2020 by hiring a team of local financial services professionals to start an office in Atlanta. The firm was named to the list of Best Places to Work in Atlanta, medium company category, four years in a row by the Atlanta Business Chronicle, including a No. 1 ranking in 2022 and No. 2 in 2023.
Recent Insider Transactions • May 12Co-Founder & Chairman recently sold US$5.3m worth of stockOn the 7th of May, Robert McCabe sold around 51k shares on-market at roughly US$105 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$16m.
Recent Insider Transactions Derivative • May 09Co-Founder & Chairman notifies of intention to sell stockRobert McCabe intends to sell 51k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of May. If the sale is conducted around the recent share price of US$105, it would amount to US$5.3m. Since December 2024, Robert's direct individual holding has increased from 290.51k shares to 361.10k. Company insiders have collectively sold US$30m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Apr 19First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 2nd May 2025 Payment date: 30th May 2025 Dividend yield will be 1.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (14% payout ratio) and is expected to be well covered in 3 years' time (11% forecast payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 16First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: EPS: US$1.78 (up from US$1.58 in 1Q 2024). Revenue: US$445.9m (up 13% from 1Q 2024). Net income: US$136.6m (up 14% from 1Q 2024). Profit margin: 31% (in line with 1Q 2024). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Apr 16Pinnacle Financial Partners, Inc. Approves Quarterly Cash Dividend for the First Quarter of 2025, Payable on May 30, 2025Pinnacle Financial Partners, Inc. announced that its Board of Directors has approved a $0.24 per share cash dividend to be paid on May 30, 2025 to common shareholders of record as of the close of business on May 2, 2025.
공시 • Apr 15Pinnacle Financial Partners, Inc. Announces Impairment Charges for the Three Months Ended March 31, 2025Pinnacle Financial Partners, Inc. announced impairment charges for the three months ended March 31, 2025. For the period, the company announced net loan charge-offs of $13,992,000 compared to $16,215,000.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$87.19, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Banks industry in the US. Total returns to shareholders of 5.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$151 per share.
공시 • Apr 01Pinnacle Financial Partners, Inc. to Report Q1, 2025 Results on Apr 14, 2025Pinnacle Financial Partners, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 14, 2025
공시 • Mar 04Pinnacle Financial Partners, Inc., Annual General Meeting, Apr 15, 2025Pinnacle Financial Partners, Inc., Annual General Meeting, Apr 15, 2025. Location: our new offices on the 23rd floor of the pinnacle, at nashville yards at 21 platform way south, tennessee 37203, nashville United States
Recent Insider Transactions • Feb 28Co-Founder & Chairman recently sold US$4.6m worth of stockOn the 24th of February, Robert McCabe sold around 40k shares on-market at roughly US$114 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$7.3m. Robert has been a net seller over the last 12 months, reducing personal holdings by US$20m.
Recent Insider Transactions Derivative • Feb 27President notifies of intention to sell stockMichael Turner intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of February. If the sale is conducted around the recent share price of US$113, it would amount to US$1.1m. For the year to December 2018, Michael's total compensation was 21% salary and 79% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Michael's direct individual holding has decreased from 325.84k shares to 261.11k. Company insiders have collectively sold US$41m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Feb 23Pinnacle Financial: Downgrading To Hold And Maintaining A Rosy Earnings OutlookSummary After worsening steadily for the last few years, the efficiency ratio will likely stabilize this year as the recent hires start bearing fruit. The loan growth outlook is positive because of the record number of revenue producers hired last year. The recent network expansion should also contribute to loan growth. The margin will likely expand due to the upcoming maturities of fixed-rate loans. I haven’t changed my earnings estimate much for 2025. I’m expecting an EPS of $7.62 for this year. PNFP is offering a dividend yield of 0.84%. Further, currently, the stock price is above my year-end target price. Read the full article on Seeking Alpha
Recent Insider Transactions • Feb 11Insider recently sold US$6.0m worth of stockOn the 6th of February, David Ingram sold around 47k shares on-market at roughly US$127 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$7.3m. Insiders have been net sellers, collectively disposing of US$41m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 05Insider recently sold US$7.3m worth of stockOn the 31st of January, David Ingram sold around 58k shares on-market at roughly US$126 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$35m more than they bought in the last 12 months.
Declared Dividend • Jan 24Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 7th February 2025 Payment date: 28th February 2025 Dividend yield will be 0.7%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 15%. Forecast payout ratio in 3 years: 10%.
Reported Earnings • Jan 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: US$6.01 (down from US$7.20 in FY 2023). Revenue: US$1.62b (flat on FY 2023). Net income: US$459.9m (down 16% from FY 2023). Profit margin: 28% (down from 34% in FY 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공시 • Jan 10Pinnacle Financial Partners, Inc. to Report Q4, 2024 Results on Jan 21, 2025Pinnacle Financial Partners, Inc. announced that they will report Q4, 2024 results After-Market on Jan 21, 2025
Price Target Changed • Dec 31Price target increased by 7.2% to US$131Up from US$122, the current price target is an average from 10 analysts. New target price is 15% above last closing price of US$114. Stock is up 31% over the past year. The company is forecast to post earnings per share of US$5.85 for next year compared to US$7.20 last year.
Recent Insider Transactions • Dec 12Co-Founder & Chairman recently sold US$6.2m worth of stockOn the 6th of December, Robert McCabe sold around 50k shares on-market at roughly US$124 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robert has been a net seller over the last 12 months, reducing personal holdings by US$16m.
Recent Insider Transactions Derivative • Dec 08Co-Founder & Chairman notifies of intention to sell stockRobert McCabe intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of December. If the sale is conducted around the recent share price of US$124, it would amount to US$6.2m. Since December 2023, Robert's direct individual holding has decreased from 389.03k shares to 340.29k. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Nov 19Price target increased by 9.3% to US$117Up from US$107, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$123. Stock is up 74% over the past year. The company is forecast to post earnings per share of US$5.86 for next year compared to US$7.20 last year.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$123, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Banks industry in the US. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$171 per share.
Declared Dividend • Oct 18Third quarter dividend of US$0.22 announcedDividend of US$0.22 is the same as last year. Ex-date: 1st November 2024 Payment date: 29th November 2024 Dividend yield will be 0.8%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (17% payout ratio) and is expected to be well covered in 3 years' time (11% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 53% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 16Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.87 (up from US$1.69 in 3Q 2023). Revenue: US$440.5m (up 16% from 3Q 2023). Net income: US$142.9m (up 11% from 3Q 2023). Profit margin: 32% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 5.4%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • Oct 16Pinnacle Financial Partners, Inc. Approves Quarterly Cash Dividend, Payable on Nov. 29, 2024On Oct. 15, 2024, Pinnacle Financial's Board of Directors approved a quarterly cash dividend of $0.22 per common share to be paid on Nov. 29, 2024 to common shareholders of record as of the close of business on Nov. 1, 2024.
Seeking Alpha • Oct 10Pinnacle Financial Partners: Loan Renewals, Organic Loan Growth To Drive EarningsSummary A large amount of low-yielding fixed-rate loans will mature in the second half of 2024. The reinvestment will lift the margin despite the falling rate environment. I’m expecting loan growth to improve because of interest rate cuts as well as Tennessee’s economic strength. Weakness in the BHG group will likely undermine the growth of core fee income. The December 2025 target price suggests a small upside from the current market price. PNFP is offering a very low dividend yield of 0.94%. Read the full article on Seeking Alpha
공시 • Oct 01Pinnacle Financial Partners, Inc. to Report Q3, 2024 Results on Oct 15, 2024Pinnacle Financial Partners, Inc. announced that they will report Q3, 2024 results After-Market on Oct 15, 2024
새로운 내러티브 • Aug 28Tactical Moves And Risk Management Set To Enhance Bank's Revenue And Capital Strength Strategic focus on securities repositioning and specialty deposit growth aims to improve net interest income and reduce dependency on higher-cost funding.
Major Estimate Revision • Jul 23Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$6.84 to US$5.87 per share. Revenue forecast steady at US$1.78b. Net income forecast to grow 36% next year vs 3.3% growth forecast for Banks industry in the US. Consensus price target up from US$94.33 to US$103. Share price rose 6.7% to US$94.67 over the past week.
Declared Dividend • Jul 19Second quarter dividend of US$0.22 announcedDividend of US$0.22 is the same as last year. Ex-date: 2nd August 2024 Payment date: 30th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (17% payout ratio) and is expected to be well covered in 3 years' time (10% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 109% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Jul 18Price target increased by 7.2% to US$102Up from US$94.67, the current price target is an average from 12 analysts. New target price is 8.4% above last closing price of US$93.64. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$5.89 for next year compared to US$7.20 last year.
Seeking Alpha • Jul 18Pinnacle Financial Partners: Exceptional Growth Can Still Drive UpsideSummary Pinnacle Financial Partners had a somewhat noisy Q2, but core results were better than expected, with revenue, net interest income, and fee income beating expectations, driving a $0.04/share pre-provision beat. Pinnacle's growth model, focused on customer service and hiring talented and experienced loan officers from rivals, provides a long runway for growth, with opportunities in multiple markets. Expansion into Washington, DC has already been a greater success than Atlanta, and Jacksonville is next up. I can't say that Pinnacle shares are significantly undervalued, but this is one of the cleanest growth stories in banking right now. Read the full article on Seeking Alpha
Reported Earnings • Jul 17Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.65 (down from US$2.55 in 2Q 2023). Revenue: US$336.4m (down 27% from 2Q 2023). Net income: US$49.4m (down 75% from 2Q 2023). Profit margin: 15% (down from 42% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
공시 • Jul 17+ 1 more updatePinnacle Financial Partners, Inc. Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2024Pinnacle Financial Partners, Inc. reported net loan charge-offs for the second quarter ended June 30, 2024. For the quarter, the company reported net loan charge-offs of $22,895,000 compared to $9,771,000 a year ago.
