| Market cap | $5.35B |
|---|---|
| Enterprise value | $5.92B |
| Revenue | $1.612B |
|---|---|
| EBITDA | $721.096M |
| Income | $533.633M |
| Revenue Q/Q | 2.78% |
| Revenue Y/Y | 6.06% |
| P/E | 10.99 |
|---|---|
| Forward P/E | 9.82 |
| EV/Sales | 3.67 |
| EV/EBITDA | 8.20 |
| EV/EBIT | 8.52 |
| PEG | 0.23 |
| Price/Sales | 3.32 |
| P/FCF | 66.18 |
| Price/Book | 0.89 |
| Book/Share | 87.02 |
| Cash/Share | N/A |
| FCF yield | 8.49% |
| Volume | 444.723k / N/A |
|---|---|
| Relative vol. | N/A |
| EPS | 7.02 |
|---|---|
| EPS Q/Q | 9.14% |
| Est. EPS Q/Q | 18.13% |
| Profit margin | 35.10% |
|---|---|
| Oper. margin | 43.04% |
| Gross margin | 100.00% |
| EBIT margin | 43.04% |
| EBITDA margin | 44.72% |
| Ret. on assets | 1.15% |
|---|---|
| Ret. on equity | 9.22% |
| ROIC | 1.59% |
| ROCE | 1.42% |
| Debt/Equity | 6.95 |
|---|---|
| Net debt/EBITDA | -1.23 |
| Current ratio | N/A |
| Quick ratio | N/A |
| Volatility | 2.21% |
|---|---|
| Beta | 1.37 |
| RSI | 47.02 |
|---|
| Insider ownership | 2.19% |
|---|---|
| Inst. ownership | 88.24% |
| Shares outst. | 77.222M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 2.15% |
| Short ratio | 3.29 |
| Dividend | $0.88 |
|---|---|
| Dividend yield | 1.14% |
| Payout ratio | 12.54% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 16 Jul 2024 |
Thursday, 30 May 2024
|
|
| These Two Commercial Foreclosures Speak Volumes About How Bad The Market Is | |
Friday, 10 May 2024
|
|
| Insider Sale at Pinnacle Financial Partners Inc | |
Thursday, 7 March 2024
|
|
| 12 Most Undervalued Bank Stocks To Buy According To Analysts | |
Monday, 25 December 2023
|
|
| Here’s Why Pinnacle Financial Partners Rose in Q3 | |
Wednesday, 1 November 2023
|
|
| Pinnacle Financial Partners Inc's Dividend Analysis | |
Thursday, 28 September 2023
|
|
| Pinnacle adds $2.79 billion in local deposits, continues to lead Nashville market | |
Thursday, 17 August 2023
|
|
| 11 Most Undervalued Bank Stocks To Buy According To Wall Street Analysts | |
Sunday, 30 July 2023
|
|
| Pinnacle Financial Partners, Inc. Passed Our Checks, And It's About To Pay A US$0.22 Dividend | |
Saturday, 22 July 2023
|
|
| Pinnacle Financial Partners, Inc. Q2 2023 Earnings Call Transcript | |
Tuesday, 18 April 2023
|
|
| Pinnacle Financial Q1 Highlights: EPS Beat, Revenues Miss, Growing Deposits & More | |
Thursday, 9 February 2023
|
|
| Carolyne Pelton finds a new summit at Pinnacle Bank | |
Saturday, 21 January 2023
|
|
| Pinnacle Financial Partners Will Pay A Dividend Of $0.22 | |
Friday, 20 January 2023
|
|
| 11 Most Undervalued Bank Stocks To Buy According To Hedge Funds | |
Thursday, 19 January 2023
|
|
| Pinnacle Financial Partners, Inc. Q4 2022 Earnings Call Transcript | |
Monday, 21 November 2022
|
|
| What Makes Pinnacle Financial Partners Stock Interesting? | |
Tuesday, 15 November 2022
|
|
| Pinnacle Is the No. 6 Best Bank to Work for in the Nation | |
Sunday, 30 October 2022
|
|
| Why You Might Be Interested In Pinnacle Financial Partners, Inc. For Its Upcoming Dividend | |
Tuesday, 18 October 2022
|
|
| PNFP Reports Diluted EPS of $1.91, ROAA of 1.42% and ROATCE of 17.40% For 3Q2022 | |
Sunday, 9 October 2022
|
|
| Best Places to Work, 1st place, Large category: Pinnacle Financial Partners | |
Monday, 26 September 2022
|
|
| Pinnacle Financial Partners adds more than $2 billion in local deposits over last 12 months | |
Thursday, 8 September 2022
|
|
| Pinnacle Financial plans first foray into Greater Cincinnati | |
Friday, 12 August 2022
|
|
| Why this Tennessee bank is bulking up in Greater Washington | |
Sunday, 31 July 2022
|
|
| Here's What We Like About Pinnacle Financial Partners' Upcoming Dividend | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Gregory L Burns Director | Sale 9 May 2024 | $124,500 |
| Richard D Ii Callicutt Chairman-Carolinas and Virginia | Sale 26 Apr 2024 | $1,134,725 |
| Robert A Jr Mccabe Chairman | Sale 25 Apr 2024 | $9,339,779 |
| M Terry Turner CEO | Sale 25 Apr 2024 | $5,829,840 |
| J. Harvey White Chief Credit Officer | Sale 12 Mar 2024 | $11,922 |
| Harold R Carpenter EVP and CFO | Sale 12 Mar 2024 | $518,479 |
| Richard D Ii Callicutt Chairman-Carolinas and Virginia | Sale 12 Mar 2024 | $906,887 |
| Robert A Jr Mccabe Chairman | Sale 12 Mar 2024 | $1,879,303 |
| M Terry Turner CEO | Sale 12 Mar 2024 | $1,977,967 |
| Richard D Ii Callicutt Chairman-Carolinas and Virginia | Sale 28 Feb 2024 | $1,525,101 |
| Robert A Jr Mccabe Chairman | Sale 23 Jan 2024 | $553,519 |
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Price target
Current $77.13
Average $52.80
Low $44
High $62
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +0.00% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 1.14% | Growth period | 10 years |
| Last dividend date | Yield 3 years | 1.12% | Growth 3 years | +11.20% | |
| Last dividend | Yield 5 years | 1.02% | Growth 5 years | +8.70% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| M. Terry Turner (65) President, Chief Executive Officer, and Director since 2000 | 65 | 2000 | $4,923,890 |
| Robert McCabe (70) Chairman of the Board since 2000 | 70 | 2000 | $4,699,130 |
| Richard Callicutt (61) Executive Director since 2017 | 61 | 2017 | $2,653,670 |
| Robert A. McCabe Jr. (69) Co-Founder and Chairman | 69 | $2,276,533 | |
| Michael Terry Turner (66) Pres, CEO, and Director | 66 | $1,869,585 | |
| Hugh Queener (64) Chief Administrative Officer since 2014 | 64 | 2014 | $1,763,600 |
| Harold Carpenter (60) Chief Financial Officer, Executive Vice President, Principal Financial Officer, and Principal Accounting Officer since 2020 | 60 | 2020 | $1,738,100 |
| Richard D. Callicutt II (62) Chairman for the Carolinas, Virginia, and Director | 62 | $1,061,354 | |
| Hugh M. Queener (65) Exec. VP, Chief Admin. Officer, and Corp. Sec. | 65 | $883,951 | |
| Harold R. Carpenter Jr. (61) Exec. VP, CFO, and Principal Accounting Officer | 61 | $834,017 | |
| Marty Dickens (72) Lead Independent Director since 2017 | 72 | 2017 | $176,000 |
| Gregory Burns (65) Independent Director since 2001 | 65 | 2001 | $168,000 |
| Charles Brock (55) Independent Director since 2015 | 55 | 2015 | $157,750 |
| Reese Smith (72) Independent Director since 2013 | 72 | 2013 | $157,000 |
| Gary Scott (74) Independent Director since 2007 | 74 | 2007 | $155,500 |
| Renda Burkhart (65) Independent Director since 2015 | 65 | 2015 | $151,750 |
| G. Kennedy Thompson (69) Independent Director since 2017 | 69 | 2017 | $135,000 |
| David Ingram (57) Independent Director since 2016 | 57 | 2016 | $135,000 |
| Glenda Glover (67) Independent Director since 2013 | 67 | 2013 | $135,000 |
| Joseph Galante (70) Independent Director since 2016 | 70 | 2016 | $135,000 |
| Thomas Farnsworth (53) Independent Director since 2015 | 53 | 2015 | $129,000 |
| Abney Boxley (61) Independent Director since 2017 | 61 | 2017 | $126,000 |
| Ronald Samuel (73) Vice Chairman of the Board since 2016 | 73 | 2016 | $17,000 |
| Timothy Huestis (59) Chief Credit Officer since 2020 | 59 | 2020 | |
| Patti Harris | |||
| Catherine C. Stallings | |||
| Mary W. Schneider | |||
| Randall L. Withrow | |||
| Mac Johnston |
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. pinnacle's focus begins in recruiting top financial professionals. the firm placed at no. 34 on fortune’s 2017 list of the 100 best companies to work for in the nation, and american banker recognized pinnacle as the sixth best bank to work for in 2016. the firm began operations in a single downtown nashville location in october 2000 and now operates in the state's four largest markets, nashville, memphis, knoxville and chattanooga, as well as several surrounding counties. additional information is available at www.pnfp.com. *securities offered through raymond james financial services, inc. member finra/sipc. pinnacle asset management and pinnacle bank are independent of rjfs. securities are not deposits, not fdic or other governme
- Finance > Regional Banks
- Pinnacle Financial Partners Inc., 150 Third Avenue South, Nashville 37201, United States
- 615 744 3700
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +0.00% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 1.14% | Growth period | 10 years |
| Last dividend date | Yield 3 years | 1.12% | Growth 3 years | +11.20% | |
| Last dividend | Yield 5 years | 1.02% | Growth 5 years | +8.70% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $2,706.361 | $2,230.349 | |||
| Short term investments | |||||
| Net receivables | |||||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $265.579 | $256.877 | |||
| Goodwill & intangible assets | $1,872.854 | $1,874.438 | |||
| Total noncurrent assets | |||||
| Total investments | $41,285.716 | $40,763.652 | |||
| Total assets | $48,894.196 | $47,959.883 | |||
| Current liabilities | |||||
| Accounts payable | |||||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $2,742.994 | $2,772.596 | |||
| Total liabilities | $42,790.345 | $41,924.095 | |||
| Stockholders' equity | |||||
| Retained earnings | $2,887.804 | $2,784.927 | |||
| Other stockholder equity | -$179.115 | -$152.525 | |||
| Total stockholder equity | $6,103.851 | $6,035.788 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $2,230.349 | $1,177.382 | ||
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $256.877 | $327.885 | ||
| Goodwill & intangible assets | $1,874.438 | $1,881.528 | ||
| Total noncurrent assets | ||||
| Total investments | $40,763.652 | $36,398.651 | ||
| Total assets | $47,959.883 | $41,970.021 | ||
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $2,772.596 | $1,083.401 | ||
| Total liabilities | $41,924.095 | $36,450.629 | ||
| Stockholders' equity | ||||
| Retained earnings | $2,784.927 | $2,341.706 | ||
| Other stockholder equity | -$152.525 | -$190.761 | ||
| Total stockholder equity | $6,035.788 | $5,519.392 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $393.64 | $380.026 | |||
| Cost of revenue | |||||
| Gross profit | $393.64 | $380.026 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $194.552 | $181.023 | |||
| Total operating expenses | $242.365 | $251.168 | |||
| Operating income | $151.275 | $128.858 | |||
| Income from continuing operations | |||||
| EBIT | $151.275 | $128.858 | |||
| Income tax expense | $27.331 | $33.879 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $123.944 | $94.979 | |||
| Income (for common shares) | $120.146 | $91.181 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1,601.775 | $1,477.492 | ||
| Cost of revenue | ||||
| Gross profit | $1,601.775 | $1,477.492 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $705.865 | $651.088 | ||
| Total operating expenses | $887.769 | $779.999 | ||
| Operating income | $714.006 | $697.493 | ||
| Income from continuing operations | ||||
| EBIT | $714.006 | $697.493 | ||
| Income tax expense | $151.854 | $136.751 | ||
| Interest expense | ||||
| Net income | ||||
| Net income | $562.152 | $560.742 | ||
| Income (for common shares) | $546.96 | $545.55 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $123.944 | $94.979 | |||
| Operating activities | |||||
| Depreciation | $23.096 | $19.281 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $7.926 | $12.339 | |||
| Total cash flows from operations | $197.283 | $107.141 | |||
| Investing activities | |||||
| Capital expenditures | -$17.187 | -$15.88 | |||
| Investments | -$662.992 | -$1,005.98 | |||
| Total cash flows from investing | -$535.7 | -$1,264.82 | |||
| Financing activities | |||||
| Dividends paid | -$17.269 | -$17.186 | |||
| Sale and purchase of stock | -$18.564 | -$0.501 | |||
| Net borrowings | -$8.164 | $13.402 | |||
| Total cash flows from financing | $814.429 | $235.926 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | $476.012 | -$921.753 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $562.152 | $560.742 | ||
| Operating activities | ||||
| Depreciation | $78.698 | $62.298 | ||
| Business acquisitions & disposals | -$30.896 | |||
| Stock-based compensation | $41.671 | $36.525 | ||
| Total cash flows from operations | $478.404 | $604.925 | ||
| Investing activities | ||||
| Capital expenditures | $120.664 | -$63.649 | ||
| Investments | -$4,489.113 | -$6,492.839 | ||
| Total cash flows from investing | -$4,602.439 | -$6,684.439 | ||
| Financing activities | ||||
| Dividends paid | -$68.737 | -$68.194 | ||
| Sale and purchase of stock | -$6.94 | -$10.176 | ||
| Net borrowings | $1,689.267 | -$412.477 | ||
| Total cash flows from financing | $5,177.002 | $3,155.357 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | $1,052.967 | -$2,924.157 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q1 | New York State Common Retirement Fund |
-6.14%
|
558,650 | $47,977 |
| 2024 Q1 | Comerica Bank |
-18.23%
|
119,740 | $10,283,241 |
| 2024 Q1 | Covestor Ltd |
-69.50%
|
840 | $72 |
| 2024 Q1 | Bnp Paribas Financial Markets |
+28.93%
|
7,229 | $620,827 |
| 2024 Q1 | Pacer Advisors |
+1.57%
|
11,720 | $1,006,514 |
| 2024 Q1 | Huntington National Bank |
-2.34%
|
1,291 | $110,870 |
| 2024 Q1 | Private Trust Co Na |
-4.63%
|
103 | $8,846 |
| 2023 Q4 | Pier Capital |
Opened
|
100,129 | $8,733,251 |
| 2023 Q4 | Geode Capital Management |
+2.62%
|
1,242,275 | $108,367,640 |
| 2023 Q4 | Lee Danner & Bass Inc |
-4.11%
|
190,526 | $16,618 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Geode Capital Management | 1.61% | 1,242,275 | |
| New York State Common Retirement Fund | 0.72% | 558,650 | |
| Lee Danner & Bass Inc | 0.25% | 190,526 | |
| Tiaa Cref Investment Management | 0.18% | 141,180 | |
| Comerica Bank | 0.16% | 119,740 | |
| Cortina Asset Management | 0.15% | 112,201 | |
| Pier Capital | 0.13% | 100,129 | |
| California State Teachers Retirement System | 0.10% | 80,878 | |
| Sterling Capital Management | 0.08% | 65,577 | |
| Amalgamated | 0.07% | 52,390 |
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