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
Company profile
Ticker
PNFP, PNFPP
Exchange
Website
CEO
M. Terry Turner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PFP Title Company • Pinnacle Community Development, Inc. • Pinnacle Community Development SLP, Inc. • PNFP Holdings, Inc. • PNFP Properties, Inc. • Pinnacle Wealth Advisors, Inc. • Apex Captive Insurance Company • Miller, Loughry & Beach Insurance Services, Inc. • PNB Holding Co. • PNFP Capital Markets, Inc. ...
IRS number
621812853
PNFP stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
11 Mar 24
DEFA14A
Additional proxy soliciting materials
11 Mar 24
DEF 14A
Definitive proxy
11 Mar 24
8-K
Departure of Directors or Certain Officers
27 Feb 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Departure of Directors or Certain Officers
22 Jan 24
8-K
PNFP Reports 4Q23 Diluted Eps of $1.19, Diluted Eps of $1.68 Excluding
16 Jan 24
8-K
Regulation FD Disclosure
29 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
PNFP Reports 3Q23 Diluted Eps of $1.69, Diluted Eps of $1.79 Excluding Investment Losses
17 Oct 23
Transcripts
PNFP
Earnings call transcript
2023 Q4
17 Jan 24
PNFP
Earnings call transcript
2023 Q3
18 Oct 23
PNFP
Earnings call transcript
2023 Q2
19 Jul 23
PNFP
Earnings call transcript
2023 Q1
18 Apr 23
PNFP
Earnings call transcript
2022 Q4
18 Jan 23
PNFP
Earnings call transcript
2022 Q3
19 Oct 22
PNFP
Earnings call transcript
2022 Q2
20 Jul 22
PNFP
Earnings call transcript
2022 Q1
19 Apr 22
PNFP
Earnings call transcript
2021 Q4
19 Jan 22
PNFP
Earnings call transcript
2021 Q3
13 Oct 21
Latest ownership filings
4/A
J. Harvey White
29 Mar 24
4/A
HAROLD R CARPENTER
29 Mar 24
4/A
RICHARD D CALLICUTT II
29 Mar 24
4/A
ROBERT A MCCABE JR
29 Mar 24
4/A
M TERRY TURNER
29 Mar 24
4
J. Harvey White
14 Mar 24
4
HAROLD R CARPENTER
14 Mar 24
4
RICHARD D CALLICUTT II
14 Mar 24
4
ROBERT A MCCABE JR
14 Mar 24
4
M TERRY TURNER
14 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.15 bn | 3.15 bn | 3.15 bn | 3.15 bn | 3.15 bn | 3.15 bn |
Cash burn (monthly) | 227.01 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.52 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.63 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 7.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
82.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 383 |
Opened positions | 46 |
Closed positions | 42 |
Increased positions | 120 |
Reduced positions | 149 |
13F shares | Current |
---|---|
Total value | 4.26 tn |
Total shares | 63.63 mm |
Total puts | 62.60 k |
Total calls | 98.00 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 7.10 mm | $475.83 bn |
BLK Blackrock | 6.87 mm | $460.69 bn |
T. Rowe Price Investment Management | 4.26 mm | $284.35 bn |
STT State Street | 3.07 mm | $205.82 bn |
IVZ Invesco | 2.46 mm | $164.91 bn |
Dimensional Fund Advisors | 2.31 mm | $155.09 bn |
Wasatch Advisors | 2.23 mm | $149.33 bn |
FMR | 2.08 mm | $139.72 bn |
Wellington Management | 1.87 mm | $125.39 bn |
Jennison Associates | 1.27 mm | $85.11 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | M Terry Turner | PNFP Common Stock | Sell | Dispose S | No | No | 82.22 | 24,057 | 1.98 mm | 294,790 |
12 Mar 24 | M Terry Turner | PNFP Common Stock | Grant | Acquire A | No | No | 0 | 61,135 | 0.00 | 318,847 |
12 Mar 24 | Robert A Mccabe JR | PNFP Common Stock | Sell | Dispose S | No | No | 82.22 | 22,857 | 1.88 mm | 268,311 |
12 Mar 24 | Robert A Mccabe JR | PNFP Common Stock | Grant | Acquire A | No | No | 0 | 58,085 | 0.00 | 291,168 |
12 Mar 24 | Harold R Carpenter | PNFP Common Stock | Sell | Dispose S | No | No | 82.22 | 6,306 | 518.48 k | 63,856 |
12 Mar 24 | Harold R Carpenter | PNFP Common Stock | Grant | Acquire A | No | No | 0 | 16,023 | 0.00 | 70,162 |
12 Mar 24 | Callicutt Richard D Ii | PNFP Common Stock | Sell | Dispose S | No | No | 82.22 | 11,030 | 906.89 k | 97,226 |
12 Mar 24 | Callicutt Richard D Ii | PNFP Common Stock | Grant | Acquire A | No | No | 0 | 24,953 | 0.00 | 108,256 |
12 Mar 24 | J. Harvey White | PNFP Common Stock | Sell | Dispose S | No | No | 82.22 | 145 | 11.92 k | 47,308 |
12 Mar 24 | J. Harvey White | PNFP Common Stock | Grant | Acquire A | No | No | 0 | 592 | 0.00 | 47,453 |
News
Jefferies Maintains Hold on Pinnacle Finl Partners, Lowers Price Target to $85
8 Apr 24
The Analyst Landscape: 5 Takes On Pinnacle Finl Partners
1 Apr 24
What 5 Analyst Ratings Have To Say About Pinnacle Finl Partners
8 Mar 24
Barclays Initiates Coverage On Pinnacle Finl Partners with Equal-Weight Rating, Announces Price Target of $93
8 Mar 24
Turmoil At New York Community Bancorp: Shares Tumble Over 20%, Regional Bank Investors Pull Back
1 Mar 24
Press releases
Pinnacle Financial Partners Announces Dates for First Quarter 2024 Earnings Release and Conference Call
8 Apr 24
Pinnacle Financial Partners Ranks No. 11 Among 100 Best Companies to Work For by Great Place to Work® and FORTUNE Magazine
4 Apr 24
Pinnacle Earns 30 Greenwich Excellence and Greenwich Best Brand Awards
22 Feb 24