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Articles from Pinnacle Financial Partners, Inc.

Pinnacle Financial Partners Is a Top 10 Company to Work For in the Nation
Pinnacle Financial Partners (Nasdaq/NGS: PNFP) is ranked as the No. 9 Best Company to Work For in the nation, according to the latest list published by Great Place to Work® and FORTUNE magazine. Pinnacle has been on the list every year since it was first eligible in 2017, and this is its highest ranking yet. In 2024, the firm came in at No. 11. Earning this spot means that Pinnacle has surpassed rigorous benchmarks, confirming its status as one of the best workplaces in America.
Pinnacle Financial Partners Announces Dates for First Quarter 2025 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2025 financial results on Monday, April 14, 2025, after market close. It will also host a live webcast on Tuesday, April 15, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The first quarter 2025 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Tops the Nation in Service, Earns More Coalition Greenwich Best Bank Awards Than Any Other Firm
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) has earned 30 Coalition Greenwich Best Bank awards, more than any other bank in the nation. These awards, formerly called the Greenwich Excellence and Greenwich Best Brand Awards, are given on a national and regional basis for service to small business and middle market clients.
By Pinnacle Financial Partners, Inc. · Via Business Wire · February 27, 2025
PNFP Reports 4Q24 Diluted EPS of $1.91; Net Interest Margin Held at 3.22 Percent
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.91 for the quarter ended Dec. 31, 2024, compared to net income per diluted common share of $1.19 for the quarter ended Dec. 31, 2023, an increase of approximately 60.5 percent. Net income per diluted common share was $5.96 for the year ended Dec. 31, 2024, compared to $7.14 for the year ended Dec. 31, 2023, a decrease of approximately 16.5 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · January 21, 2025
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2024 financial results on Tuesday, January 21, 2025, after market close. It will also host a live webcast on Wednesday, January 22, at 8:30 a.m. CST to review its financial results, business outlook for the firm and other matters. The fourth quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Financial Partners Remains One of America’s Best Workplaces for Parents
Pinnacle Financial Partners continues to be one of the best workplaces for parents reaffirming its founders’ commitment to support families.
By Pinnacle Financial Partners, Inc. · Via Business Wire · December 4, 2024
PNFP Capital Markets, Inc. Adds Six From Fidus Partners in Charlotte, NC
One of the country’s top investment banking teams is joining PNFP Capital Markets, Inc., the investment bank subsidiary of Pinnacle Bank. Six members of Fidus Partners are now part of PNFP Capital Markets, Inc. They are based in Charlotte, NC.
By Pinnacle Financial Partners, Inc. · Via Business Wire · December 2, 2024
Pinnacle Financial Partners Remains a Top 5 Best Bank to Work For in the Nation
Pinnacle Financial Partners (Nasdaq/NGS: PNFP) continues to be one of the nation’s top five Best Banks to Work For, having earned the No. 5 spot on the annual list compiled by American Banker magazine and Best Companies Group. The firm is No.1 in its size category of banks with $10 billion or more in assets and has been No. 1 or No. 2 in the category since the inception of these rankings. Aside from Pinnacle, which had $49.2 billion in assets when this ranking was decided, the next largest bank in the top 20 had $9.9 billion. The highest-ranking bank of any comparable asset size was ranked at No. 51 with $45.5 billion. This is the firm’s 12th year to appear on the list, having been ranked ever since the program started in 2013.
By Pinnacle Financial Partners, Inc. · Via Business Wire · November 12, 2024
Pinnacle Financial Partners Is a Top 10 Best Workplace for Women
Pinnacle Financial Partners has once again been selected as one of the 2024 Fortune Best Workplaces for Women. This is the firm’s seventh time being named to this prestigious list, this year coming in at No.8. Pinnacle previously earned this distinction in 2023, 2022, 2021, 2020, 2018 and 2017.
By Pinnacle Financial Partners, Inc. · Via Business Wire · October 24, 2024
PNFP Reports 3Q24 Diluted EPS of $1.86 and Net Interest Margin of 3.22 Percent
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.86 for the quarter ended Sept. 30, 2024, compared to net income per diluted common share of $1.69 for the quarter ended Sept. 30, 2023, an increase of approximately 10.1 percent. Net income per diluted common share was $4.08 for the nine months ended Sept. 30, 2024, compared to $5.99 for the nine months ended Sept. 30, 2023, a decrease of approximately 31.9 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · October 15, 2024
Pinnacle Financial Partners Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its third quarter 2024 financial results on Tuesday, October 15, 2024, after market close. It will also host a live webcast on Wednesday, October 16, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The third quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
PNFP Reports 2Q24 Diluted EPS of $0.64 and Net Interest Margin of 3.14 Percent
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $0.64 for the quarter ended June 30, 2024, compared to net income per diluted common share of $2.54 for the quarter ended June 30, 2023, a decrease of approximately 74.8 percent. Net income per diluted common share was $2.21 for the six months ended June 30, 2024, compared to $4.30 for the six months ended June 30, 2023, a decrease of approximately 48.6 percent.
Pinnacle Financial Partners Announces Dates for Second Quarter 2024 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2024 financial results on Tuesday, July 16, 2024, after market close. It will also host a live webcast on Wednesday, July 17, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The second quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Financial Partners Announces 1Q24 Dividend
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved a $0.22 per share cash dividend to be paid on May 31, 2024 to common shareholders of record as of the close of business on May 3, 2024. Additionally, the board of directors approved a quarterly dividend of approximately $3.8 million, or $16.88 per share (or $0.422 per depositary share), on Pinnacle Financial's 6.75 percent Series B Non-Cumulative Perpetual Preferred Stock payable on June 1, 2024 to shareholders of record at the close of business on May 17, 2024. The amount and timing of any future dividend payments to both preferred and common shareholders will be subject to the approval of Pinnacle's Board of Directors.
PNFP Reports 1Q24 Diluted EPS of $1.57
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.57 for the quarter ended March 31, 2024, compared to net income per diluted common share of $1.76 for the quarter ended March 31, 2023, a decrease of 10.8 percent.
Pinnacle Financial Partners Announces Dates for First Quarter 2024 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2024 financial results on Monday, April 22, 2024, after market close. It will also host a live webcast on Tuesday, April 23, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The first quarter 2024 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Financial Partners Recruits High-Performing Team for Expansion Into North Florida
Pinnacle Financial Partners has entered the North Florida region with the addition of five veteran financial services professionals to build the firm’s presence from their homebase in Jacksonville. Scott Keith will serve as Pinnacle’s regional president for North Florida, with Debbie Buckland and Bryan Taylor by his side as area managers. Financial Advisor Vaughn Winmond and Credit Analyst Fatima Bowen round out the initial team, which is expected to grow rapidly as more associates come on board to offer a full suite of financial services for business and personal needs.
By Pinnacle Financial Partners, Inc. · Via Business Wire · January 17, 2024
PNFP Reports 4Q23 Diluted EPS of $1.19, Diluted EPS of $1.68 Excluding FDIC Special Assessment and BOLI Restructuring Charges
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.19 for the quarter ended Dec. 31, 2023, compared to net income per diluted common share of $1.76 for the quarter ended Dec. 31, 2022, a decrease of 32.4 percent. Net income per diluted common share was $7.14 for the year ended Dec. 31, 2023, compared to $7.17 for the year ended Dec. 31, 2022, a decrease of 0.4 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · January 16, 2024
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2023 financial results on Tuesday, Jan. 16, 2024, after market close. It will also host a live webcast on Wednesday, Jan. 17, at 8:30 a.m. CST to review its financial results, business outlook for the firm and other matters. The fourth quarter 2023 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
PNFP Reports 3Q23 Diluted EPS of $1.69, Diluted EPS of $1.79 Excluding Investment Losses
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.69 for the quarter ended Sept. 30, 2023, compared to net income per diluted common share of $1.91 for the quarter ended Sept. 30, 2022, a decrease of 11.5 percent. Net income per diluted common share was $5.99 for the nine months ended Sept. 30, 2023, compared to $5.42 for the nine months ended Sept. 30, 2022, an increase of approximately 10.5 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · October 17, 2023
Pinnacle Financial Partners Announces Dates for Third Quarter 2023 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its third quarter 2023 financial results on Tuesday, October 17, 2023, after market close. It will also host a live webcast on Wednesday, October 18, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The third quarter 2023 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
PNFP Reports Diluted EPS of $2.54, ROAA of 1.71% and ROATCE of 21.06% for 2Q23
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $2.54 for the quarter ended June 30, 2023, compared to net income per diluted common share of $1.86 for the quarter ended June 30, 2022, an increase of 36.6 percent. Net income per diluted common share was $4.30 for the six months ended June 30, 2023, compared to $3.51 for the six months ended June 30, 2022, an increase of approximately 22.5 percent.
Pinnacle Financial Partners Announces Dates for Second Quarter 2023 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2023 financial results on Tuesday, July 18, 2023, after market close. It will also host a live webcast on Wednesday, July 19, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The second quarter 2023 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Financial Partners Announces 1Q23 Dividend
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved a $0.22 per share cash dividend to be paid on May 26, 2023 to common shareholders of record as of the close of business on May 5, 2023. Additionally, the board of directors approved a quarterly dividend of approximately $3.8 million, or $16.88 per share (or $0.422 per depositary share), on Pinnacle Financial's 6.75 percent Series B Non-Cumulative Perpetual Preferred Stock payable on June 1, 2023 to shareholders of record at the close of business on May 17, 2023. The amount and timing of any future dividend payments to both preferred and common shareholders will be subject to the approval of Pinnacle's Board of Directors.
PNFP Reports Diluted EPS of $1.76, ROAA of 1.26% and ROATCE of 15.43% For 1Q23
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.76 for the quarter ended March 31, 2023, compared to net income per diluted common share of $1.65 for the quarter ended March 31, 2022, an increase of 6.7 percent.
Pinnacle Financial Partners Announces Dates for First Quarter 2023 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2023 financial results on Monday, April 17, 2023, after market close. It will also host a live webcast on Tuesday, April 18, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The first quarter 2023 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Is One of the Nation’s Top 25 Best Workplaces
Pinnacle Financial Partners is the No. 24 Best Company to Work For in the nation, according to the latest list published by Great Place to Work and FORTUNE magazine today. Pinnacle has been on the list every year since it was first eligible in 2017. Earning a spot means that Pinnacle has surpassed rigorous benchmarks, confirming its status as one of the best workplaces in America.
PNFP Reports Diluted EPS of $1.76, ROAA of 1.29% and ROATCE of 15.95% For 4Q2022
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.76 for the quarter ended Dec. 31, 2022, compared to net income per diluted common share of $1.71 for the quarter ended Dec. 31, 2021, an increase of 2.9 percent. Net income per diluted common share was $7.17 for the year ended Dec. 31, 2022, compared to $6.75 for the year ended Dec. 31, 2021, an increase of 6.2 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · January 17, 2023
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2022 financial results on Tuesday, Jan. 17, 2023, after the stock market closes. It will also host a live webcast on Wednesday, Jan. 18, 2023, at 8:30 a.m. CST to review its financial results, business outlook for the firm and other matters. The fourth quarter 2022 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
PNFP Reports Diluted EPS of $1.91, ROAA of 1.42% and ROATCE of 17.40% For 3Q2022
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.91 for the quarter ended Sept. 30, 2022, compared to net income per diluted common share of $1.75 for the quarter ended Sept. 30, 2021, an increase of 9.1 percent. Net income per diluted common share was $5.42 for the nine months ended Sept. 30, 2022, compared to $5.05 for the nine months ended Sept. 30, 2021, an increase of 7.3 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · October 18, 2022
Pinnacle Financial Partners Announces Dates for Third Quarter 2022 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its third quarter 2022 financial results on Tuesday, Oct. 18, 2022, after market close. It will also host a live webcast on Wednesday, Oct. 19, at 8:30 a.m. CT to review its financial results, business outlook for the firm and other matters. The third quarter 2022 earnings release and all information needed to join the webcast will be available on the investor relations page of Pinnacle's website at PNFP.com.
PNFP Reports Diluted EPS of $1.86, ROAA of 1.46% and ROATCE of 17.62% For 2Q2022
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.86 for the quarter ended June 30, 2022, compared to net income per diluted common share of $1.69 for the quarter ended June 30, 2021, an increase of approximately 10.1 percent. Net income per diluted common share was $3.51 for the six months ended June 30, 2022, compared to $3.30 for the six months ended June 30, 2021, an increase of approximately 6.4 percent.
Pinnacle to Eliminate NSF Fees for Consumers, Reduce Overdraft Fees
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced that Pinnacle Bank will make significant changes this summer to its overdraft services program by completely eliminating one fee, lowering another and introducing features to further reduce the total cost incurred by its clients in a single day.
Pinnacle Financial Partners Announces Dates for Second Quarter 2022 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2022 financial results on Tuesday, July 19, 2022, after market close. It will also host a live webcast on Wednesday, July 20, at 8:30 a.m. CT to review its financial results, business outlook for the firm and other matters. The second quarter 2022 earnings release and all information needed to join the webcast will be available on the investor relations page of Pinnacle's website at PNFP.com.
Pinnacle Financial Partners Announces 1Q22 Dividend
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved a $0.22 per share cash dividend to be paid on May 27, 2022 to common shareholders of record as of the close of business on May 6, 2022. Additionally, the board of directors approved a quarterly dividend of approximately $3.8 million, or $16.88 per share (or $0.422 per depositary share), on Pinnacle Financial's 6.75 percent Series B Non-Cumulative Perpetual Preferred Stock payable on June 1, 2022 to shareholders of record at the close of business on May 17, 2022. The amount and timing of any future dividend payments to both preferred and common shareholders will be subject to the approval of Pinnacle's Board of Directors.
PNFP Reports Diluted EPS of $1.65, ROAA of 1.32% and ROATCE of 15.63% For 1Q2022
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.65 for the quarter ended March 31, 2022, compared to net income per diluted common share of $1.61 for the quarter ended March 31, 2021, an increase of approximately 2.5 percent. Items significantly impacting the comparability between the two periods were:
Pinnacle Ranks No. 28 Among 100 Best Companies to Work For by Great Place to Work® and FORTUNE Magazine
Pinnacle Financial Partners has been ranked No. 28 among 100 Best Companies to Work For by Great Place to Work®, according to the latest list published by Great Place to Work® and FORTUNE magazine today. Pinnacle has been on the list every year since the first year it was eligible in 2017, maintaining its engaging and rewarding workplace culture even as the firm has expanded from one state to six, doubled in headcount and tripled in assets.
Pinnacle Financial Partners Announces Dates for First Quarter 2022 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2022 financial results on Monday, April 18, 2022, after market close. It will also host a live webcast on Tuesday, April 19, at 8:30 a.m. CT to review its financial results, business outlook for the firm and other matters. The first quarter 2022 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Earns 23 Greenwich Excellence and Greenwich Best Brand Awards
Pinnacle Financial Partners brought home 20 Greenwich Excellence and three Greenwich Best Brand Awards for 2021. These awards are national and regional honors earned by banks who have measurably distinctive brands and service quality for small business and middle market clients. Pinnacle won more of these awards than any other bank in the Southeast.
By Pinnacle Financial Partners, Inc. · Via Business Wire · February 22, 2022
PNFP Reports Diluted EPS of $1.71, ROAA of 1.39% and ROTCE of 16.13% For 4Q2021
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.71 for the quarter ended Dec. 31, 2021, compared to net income per diluted common share of $1.42 for the quarter ended Dec. 31, 2020, an increase of approximately 20.4 percent. Net income per diluted common share was $6.75 for the year ended Dec. 31, 2021, compared to net income per diluted common share of $4.03 for the year ended Dec. 31, 2020, an increase of 67.5 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · January 18, 2022
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2021 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2021 financial results on Tuesday, Jan. 18, 2022, after the stock market closes. It will also host a live webcast on Wednesday, Jan. 19, 2022, at 8:30 a.m. CST to review its financial results, business outlook for the firm and other matters. The fourth quarter 2021 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
PNFP Reports Diluted EPS of $1.75, ROAA of 1.47% and ROTCE of 16.98% for 3Q2021
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.75 for the quarter ended Sept. 30, 2021, compared to net income per diluted common share of $1.42 for the quarter ended Sept. 30, 2020, an increase of approximately 23.2 percent. Excluding ORE expense for the three months ended Sept. 30, 2021 and 2020 and gains and losses on the sale of investment securities and FHLB restructuring charges for the three months ended Sept. 30, 2020, net income per diluted common share was $1.75 for the three months ended Sept. 30, 2021, compared to $1.45 for the three months ended Sept. 30, 2020, a year-over-year increase of 20.7 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · October 12, 2021
Pinnacle Financial Partners Announces Dates for Third Quarter 2021 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its third quarter 2021 financial results on Tuesday, Oct. 12, 2021, after market close. It will also host a live webcast on Wednesday, Oct. 13, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The third quarter 2021 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
By Pinnacle Financial Partners, Inc. · Via Business Wire · September 15, 2021
Pinnacle Is Still the No. 1 Bank in Nashville With $14.7 Billion in Local Deposits; Grows In 19 MSAs
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) is the No. 1 bank in its hometown of Nashville for four years running, according to FDIC deposit data as of June 30, 2021. The firm grew deposits by $922 million to $14.7 billion in the Nashville metropolitan statistical area (MSA), which includes Davidson, Williamson and Rutherford counties for a growth rate of 6.7 percent.
By Pinnacle Financial Partners, Inc. · Via Business Wire · September 8, 2021
Pinnacle Financial Partners Leadership to Join Bankers Healthcare Group Leaders for Investor Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced that company leaders will join leaders from Bankers Healthcare Group (BHG) to host a live webcast on Tuesday, September 14, at 8:30 a.m. CDT to review BHG’s financial results, business outlook for the firm and other matters related to BHG’s operations. Participating on the call will be BHG Chairman, CEO and Co-founder Al Crawford and Chief Financial Officer Dan McSherry, as well as Pinnacle Chief Administrative Officer Hugh Queener and Chief Financial Officer Harold Carpenter.
PNFP Reports Diluted EPS of $1.69, ROAA of 1.46% and ROTCE of 17.32% For 2Q2021
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.69 for the quarter ended June 30, 2021, compared to net income per diluted common share of $0.83 for the quarter ended June 30, 2020, an increase of approximately 104 percent. Excluding gains and losses on the sale of investment securities and ORE expense for the three months ended June 30, 2021 and 2020 and FHLB restructuring charges for the three months ended June 30, 2020, net income per diluted common share was $1.68 for the three months ended June 30, 2021, compared to $0.89 for the three months ended June 30, 2020, a year-over-year increase of nearly 89 percent.
Pinnacle Financial Partners Announces Dates for Second Quarter 2021 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2021 financial results on Tuesday, July 20, 2021, after market close. It will also host a live webcast on Wednesday, July 21, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The second quarter 2021 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
Pinnacle Financial Partners Announces Quarterly Dividends
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved an $0.18 per common share cash dividend to be paid on May 28, 2021 to common shareholders of record as of the close of business on May 7, 2021. Additionally, the Board of Directors approved a quarterly dividend of approximately $3.8 million, or $16.88 per share (or $0.422 per depositary share), on Pinnacle Financial's 6.75 percent Series B Non-Cumulative Perpetual Preferred Stock payable on June 1, 2021 to shareholders of record at the close of business on May 17, 2021. The amount and timing of any future dividend payments to both preferred and common shareholders will be subject to the approval of Pinnacle's Board of Directors.
PNFP Reports Diluted EPS of $1.61, ROAA of 1.42% and ROTCE of 17.16% For 1Q2021
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.61 for the quarter ended March 31, 2021, compared to net income per diluted common share of $0.37 for the quarter ended March 31, 2020, an increase of approximately 335 percent. Excluding other real estate (ORE) expense for the three months ended March 31, 2021 and ORE expense and gains and losses on the sale of investment securities for the three months ended March 31, 2020, net income per diluted common share was $1.61 for the three months ended March 31, 2021, compared to $0.39 for the three months ended March 31, 2020, a year-over-year increase of nearly 313 percent.
Pinnacle Financial Partners Announces Dates for First Quarter 2021 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its first quarter 2021 financial results on Monday, April 19, 2021, after market close. It will also host a live webcast on Tuesday, April 20, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The first quarter 2021 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.