Latest news with #PinnacleFinancialPartners
Yahoo
a day ago
- Business
- Yahoo
Pinnacle Financial Partners (PNFP) Reports Q2: Everything You Need To Know Ahead Of Earnings
Regional banking company Pinnacle Financial Partners (NASDAQ:PNFP) will be reporting results this Tuesday after market hours. Here's what to expect. Pinnacle Financial Partners missed analysts' revenue expectations by 3% last quarter, reporting revenues of $462.9 million, up 8.1% year on year. It was a slower quarter for the company, with a slight miss of analysts' net interest income estimates. Is Pinnacle Financial Partners a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Pinnacle Financial Partners's revenue to grow 34.7% year on year to $493.9 million, a reversal from the 13.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.91 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Pinnacle Financial Partners has missed Wall Street's revenue estimates four times over the last two years. With Pinnacle Financial Partners being the first among its peers to report earnings this season, we don't have anywhere else to look to get a hint at how this quarter will unravel for banks stocks. However, there has been positive investor sentiment in the segment, with share prices up 10.3% on average over the last month. Pinnacle Financial Partners is up 14.2% during the same time and is heading into earnings with an average analyst price target of $127.46 (compared to the current share price of $118.20). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Business Wire
4 days ago
- Business
- Business Wire
Pinnacle Equipment Finance and JB&B Capital Earn National Recognition on Monitor 100
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) has earned two spots on the Monitor 100, the equipment finance industry's authoritative ranking of the biggest and top-performing firms in the country. Pinnacle equipment finance landed at No. 47 nationwide and JB&B Capital, a wholly owned subsidiary, at No. 86, with both recognized for their growth, client impact and originations volume. The recognition comes as Pinnacle equipment finance surpassed $2 billion in new originations in June, less than four years after the practice launched in September 2021. The milestone marks a significant moment for Pinnacle equipment finance. The pace of growth underscores the scale and demand of the practice as it matures into a national platform. Share 'Passing the $2 billion mark and earning a place in the Monitor 100 are strong signals that we're delivering real value for our clients,' said Kris Foster, president of Pinnacle equipment finance. 'Our team is solving complex needs for businesses of all sizes, across industries and credit profiles. We built this practice to be fast, flexible and relational, and clients are responding in kind.' The milestone marks a significant moment for Pinnacle equipment finance. The pace of growth underscores the scale and demand of the practice as it matures into a national platform. Together, Pinnacle and JB&B Capital form a comprehensive equipment finance platform that serves businesses across the credit spectrum, from small firms seeking single-asset financing to large corporations with nine-figure transactions. Solutions include structured and conventional financing for essential-use assets, vendor programs, aviation lending and more with options ranging from tax leases to FMV and TRAC structures. Clients benefit from responsive service, creative structuring and a single point of contact across the full range of needs. Pinnacle's entry into equipment finance is part of a larger strategy to serve clients with growing complexity and scale, while maintaining the personalized service the firm is known for. It also reflects Pinnacle's strategy to diversify its offerings with national specialties that can weather economic cycles and supplement local lending. JB&B Capital enhances those capabilities with deep expertise in special situations and asset types. Both operate under a unified culture and shared commitment to client service, backed by one of the best workplaces in the country and a firm named No. 1 in the U.S. for service to small business and middle market banking by Coalition Greenwich. Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 9 on FORTUNE magazine's 2025 list of 100 Best Companies to Work For® in the U.S., its ninth consecutive appearance and was recognized by American Banker as one of America's Best Banks to Work For 12 years in a row and No. 1 among banks with more than $10 billion in assets in 2024. The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $54.3 billion in assets as of March 31, 2025. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast. Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at
Business Wire
01-07-2025
- Business
- Business Wire
Pinnacle Financial Partners Announces Dates for Second Quarter 2025 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2025 financial results on Tuesday, July 15, 2025, after market close. It will also host a live webcast on Wednesday, July 16, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The second quarter 2025 earnings release will be available on the investor relations page of Pinnacle's website at To access the call for audio only, please call 1-877-209-7255. For the presentation and streaming audio, please access the webcast on the investor relations page of Pinnacle's website at For those unable to participate in the webcast, it will be archived for 90 days following the presentation. Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 11 on FORTUNE magazine's 2024 list of 100 Best Companies to Work For® in the U.S., its eighth consecutive appearance and was recognized by American Banker as one of America's Best Banks to Work For 12 years in a row and No. 1 among banks with more than $10 billion in assets in 2024. The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $54.3 billion in assets as of March 31, 2025. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast. Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at
Yahoo
01-07-2025
- Business
- Yahoo
What Makes Pinnacle Financial Partners (PNFP) a Long-Term Bet?
Riverwater Partners, an investment management company, released its 'Sustainable Value Strategy' Q1 2025 investor letter. A copy of the letter can be downloaded here. The strategy outperformed its benchmark, the Russell 2500 Value Index, in the first quarter. The relative outperformance was primarily driven by positive stock selection, while the allocation effect also contributed positively. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Riverwater Partners Sustainable Value Strategy highlighted stocks such as Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Headquartered in Nashville, Tennessee, Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) is a bank holding company for Pinnacle Bank. The one-month return of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was 3.76%, and its shares gained 39.44% of their value over the last 52 weeks. On June 30, 2025, Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) stock closed at $110.41 per share, with a market capitalization of $8.563 billion. Riverwater Partners Sustainable Value Strategy stated the following regarding Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) in its Q1 2025 investor letter: "We recycled the Carlyle proceeds into Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Pinnacle is a high performing regional bank headquartered in Nashville, Tennessee, with a relationship-centric business model focused on commercial and affluent clients across the Southeast. An executive in a suit examining a real estate loan contract, reflecting the commitment to financial services. As per our database, 31 hedge fund portfolios held Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) at the end of the first quarter, which was 19 in the previous quarter. While we acknowledge the potential of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of PNFP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
24-06-2025
- Business
- Yahoo
2 Reasons to Watch PNFP and 1 to Stay Cautious
Over the past six months, Pinnacle Financial Partners's shares (currently trading at $107.54) have posted a disappointing 6.1% loss while the S&P 500 was flat. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Following the drawdown, is now an opportune time to buy PNFP? Find out in our full research report, it's free. Founded in 2000 with a focus on delivering big-bank capabilities with community bank personalization, Pinnacle Financial Partners (NASDAQ:PNFP) is a Tennessee-based financial holding company that provides banking, investment, trust, mortgage, and insurance services to businesses and individuals. Markets consistently prioritize net interest income growth over fee-based revenue, recognizing its superior quality and recurring nature compared to the more unpredictable non-interest income streams. Pinnacle Financial Partners's net interest income has grown at a 13.5% annualized rate over the last four years, better than the broader bank industry. Topline growth is certainly important, but the overall profitability of this growth matters for the bottom line. For banks, we look at efficiency ratio, which is non-interest expense (salaries, rent, IT, marketing, excluding interest paid out to depositors) as a percentage of total revenue. Investors place greater emphasis on efficiency ratio movements than absolute values, understanding that expense structures reflect revenue mix variations. Lower ratios represent better operational performance since they show banks generating more revenue per dollar of expense. For the next 12 months, Wall Street expects Pinnacle Financial Partners to rein in some of its expenses as it anticipates an efficiency ratio of 56% compared to 63% over the past year. We at StockStory place the most emphasis on long-term growth, but within financials, a stretched historical view may miss recent interest rate changes, market returns, and industry trends. Pinnacle Financial Partners's recent performance shows its demand has slowed significantly as its annualized revenue growth of 3.6% over the last two years was well below its five-year trend. Pinnacle Financial Partners's positive characteristics outweigh the negatives. With the recent decline, the stock trades at 1.2× forward P/B (or $107.54 per share). Is now a good time to buy? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
