25-Feb-2025
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PNFP Reports 4Q24 Diluted EPS of $1.91; Net Interest Margin Held at 3.22 Percent
Business Wire (Tue, 21-Jan 5:00 PM ET)
Business Wire (Thu, 9-Jan 12:00 PM ET)
Pinnacle Financial Partners Remains One of America's Best Workplaces for Parents
Business Wire (Wed, 4-Dec 9:00 AM ET)
PNFP Capital Markets, Inc. Adds Six From Fidus Partners in Charlotte, NC
Business Wire (Mon, 2-Dec 12:00 PM ET)
Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank mainly in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. It relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, mainly real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.
Pinnacle Finl Partners trades on the NASDAQ stock market under the symbol PNFP.
As of February 25, 2025, PNFP stock price declined to $112.57 with 350,122 million shares trading.
PNFP has a beta of 1.26, meaning it tends to be more sensitive to market movements. PNFP has a correlation of 0.22 to the broad based SPY ETF.
PNFP has a market cap of $8.69 billion. This is considered a Mid Cap stock.
Last quarter Pinnacle Finl Partners reported $475 million in Revenue and $1.90 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.12.
In the last 3 years, PNFP traded as high as $131.91 and as low as $43.31.
The top ETF exchange traded funds that PNFP belongs to (by Net Assets): VTI, IJH, VB, VXF, KRE.
PNFP has outperformed the market in the last year with a return of +36.3%, while the SPY ETF gained +18.4%. However, in the most recent history, PNFP shares have underperformed the stock market with its stock returning -13.1% in the last 3 month period and -8.8% for the last 2 week period, while SPY has returned -0.2% and -1.8%, respectively.
PNFP support price is $110.84 and resistance is $115.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PNFP shares will trade within this expected range on the day.