Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has Pinnacle Financial Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PNFP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PNFP's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PNFP exceeded the US Banks industry which returned 99% over the past year.
Return vs Market: PNFP exceeded the US Market which returned 50.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Pinnacle Financial Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhy You Might Be Interested In Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) For Its Upcoming Dividend
1 month ago | Simply Wall StShareholders Would Not Be Objecting To Pinnacle Financial Partners, Inc.'s (NASDAQ:PNFP) CEO Compensation And Here's Why
1 month ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Pinnacle Financial Partners, Inc.'s (NASDAQ:PNFP) Shares?
Is Pinnacle Financial Partners undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PNFP ($91.38) is trading below our estimate of fair value ($123.04)
Significantly Below Fair Value: PNFP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PNFP is poor value based on its PE Ratio (17.3x) compared to the US Banks industry average (12.1x).
PE vs Market: PNFP is good value based on its PE Ratio (17.3x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: PNFP is poor value based on its PEG Ratio (7.1x)
Price to Book Ratio
PB vs Industry: PNFP is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (1.1x).
How is Pinnacle Financial Partners forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PNFP's forecast earnings growth (2.4% per year) is above the savings rate (2%).
Earnings vs Market: PNFP's earnings (2.4% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: PNFP's earnings are forecast to grow, but not significantly.
Revenue vs Market: PNFP's revenue (6.7% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: PNFP's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PNFP's Return on Equity is forecast to be low in 3 years time (9.1%).
How has Pinnacle Financial Partners performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PNFP has high quality earnings.
Growing Profit Margin: PNFP's current net profit margins (36.4%) are higher than last year (35.8%).
Past Earnings Growth Analysis
Earnings Trend: PNFP's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: PNFP's earnings growth over the past year (18.7%) is below its 5-year average (23.4% per year).
Earnings vs Industry: PNFP earnings growth over the past year (18.7%) exceeded the Banks industry 18%.
Return on Equity
High ROE: PNFP's Return on Equity (8.3%) is considered low.
How is Pinnacle Financial Partners's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PNFP's Assets to Equity ratio (7.1x) is low.
Allowance for Bad Loans: PNFP has a sufficient allowance for bad loans (390%).
Low Risk Liabilities: 93% of PNFP's liabilities are made up of primarily low risk sources of funding.
Loan Level: PNFP has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: PNFP's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: PNFP has an appropriate level of bad loans (0.3%).
What is Pinnacle Financial Partners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PNFP's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: PNFP's dividend (0.79%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PNFP has been paying a dividend for less than 10 years.
Growing Dividend: PNFP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.5%), PNFP's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PNFP's dividends in 3 years are forecast to be thoroughly covered by earnings (13.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Turner (65 yo)
Mr. Michael Terry Turner has been the Chief Executive Officer and President of Pinnacle Financial Partners, Inc. & Pinnacle Bank since 2000. Mr. Turner worked for Arthur Andersen & Company as a Consultant ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD4.39M) is below average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: PNFP's management team is seasoned and experienced (21.3 years average tenure).
Experienced Board: PNFP's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PNFP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pinnacle Financial Partners, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Pinnacle Financial Partners, Inc.
- Ticker: PNFP
- Exchange: NasdaqGS
- Founded: 2000
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$6.912b
- Shares outstanding: 75.64m
- Website: https://www.pnfp.com
Number of Employees
- Pinnacle Financial Partners, Inc.
- 150 Third Avenue South
- Suite 900
- United States
Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The compa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 22:21|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.