Pinnacle Financial Partners (PNFP) AI Stock Analysis

• Market Cap: $7.58B
• Dividend Yield: 0.96%
• Average Volume (3M): 1.48M
• Price to Earnings (P/E): 12.9
• Beta (1Y): 1.35
• Revenue Growth: 10.19%
• EPS Growth: 48.39%
• Country: US
• Employees: 3,595
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 2.00
• Shares Outstanding: 77,563,950
• 10 Day Avg. Volume: 1,038,256
• 30 Day Avg. Volume: 1,482,204
• PEG Ratio: -1.11
• Price to Book (P/B): 1.36
• Price to Sales (P/S): 3.06
• P/FCF Ratio: 10.83
• Enterprise Value/Market Cap: 1.42
• Enterprise Value/Revenue: 3.54
• Enterprise Value/Gross Profit: 6.51
• Enterprise Value/Ebitda: 12.83
• 1Y Price Target: $110.91
• Price Target Upside: 13.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 12

• Rating: 73 Outperform
• Price Target: $109.00 ▲(11.45% Upside)

Pinnacle Financial Partners receives a strong overall score driven by robust financial performance and positive earnings call sentiment. The company's valuation is attractive, and while technical indicators show some resistance, they do not signal major concerns. The absence of significant corporate events further solidifies the focus on core financial and operational strengths.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market strategies and product demand, supporting long-term business expansion and stability.

Merger with Synovus

The merger with Synovus is expected to strengthen market position and operational capabilities, providing a competitive edge in the Southeast.

Core Deposit Growth

Robust core deposit growth enhances liquidity and supports lending capacity, crucial for sustaining long-term financial health.

Negative Factors

Increased Net Charge-Offs

Rising net charge-offs indicate potential credit quality issues, which could impact profitability and risk management strategies.

Deposit Growth Miss

Slower-than-expected deposit growth may limit funding for loan expansion, affecting revenue generation and financial flexibility.

Macroeconomic Uncertainty

Macroeconomic uncertainty can hinder customer activity and growth opportunities, posing challenges to strategic planning and execution.

Pinnacle Financial Partners Business Overview & Revenue Model

Company Description

Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The company accepts various deposits, including savings, checking, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include commercial loans, such as equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; and loans to individuals consisting of secured and unsecured installment and term loans, lines of credit, residential first mortgage loans, and home equity loans and lines of credit, as well as provides credit cards for consumers and businesses. The company also offers various securities and other financial products; investment products; brokerage and investment advisory programs; and fiduciary and investment management services, such as personal trust, endowments, foundations, individual retirement accounts, pensions, and custody. In addition, it provides insurance agency services primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, and other middle-market advisory services. Further, the company offers treasury management, telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. It serves individuals, small to medium-sized businesses, and professional entities. As of December 31, 2020, the company operated 114 offices, including 48 in Tennessee, 36 in North Carolina, 20 in South Carolina, 9 in Virginia, and 1 in Georgia. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.

How the Company Makes Money

Pinnacle Financial Partners generates revenue through several key streams, primarily from interest income and non-interest income. Interest income is derived from loans issued to customers, including commercial loans, residential mortgages, and consumer loans, with interest rates that contribute significantly to the company's earnings. Non-interest income is generated through various services such as investment management fees, asset management, and transaction fees associated with banking services. Additionally, Pinnacle has established partnerships with other financial institutions and service providers, enhancing its product offerings and expanding its customer base. The company's commitment to community banking and strong customer relationships also plays a crucial role in driving deposits and loan growth, further contributing to its overall profitability.

Pinnacle Financial Partners Financial Statement Overview

Summary

Pinnacle Financial Partners demonstrates strong revenue growth and profitability, with stable margins and a manageable debt profile. While cash flow generation shows improvement, further strengthening of operating cash flow is advisable. Overall, the company maintains a solid financial standing with opportunities for enhanced efficiency.

Income Statement

Pinnacle Financial Partners shows a solid revenue growth rate of 5.83% TTM, indicating a positive trajectory. The gross profit margin of 54.43% and net profit margin of 19.71% TTM are healthy, though slightly lower than previous years. The EBIT and EBITDA margins are stable, reflecting consistent operational efficiency.

Balance Sheet

The debt-to-equity ratio of 0.37 TTM is manageable, indicating moderate leverage. Return on equity is 9.20% TTM, showing decent profitability. The equity ratio of 12.11% TTM suggests a stable financial position, though there is room for improvement in asset utilization.

Cash Flow

Free cash flow growth of 31.64% TTM is a positive sign, though the operating cash flow to net income ratio of 0.02 indicates potential challenges in cash generation relative to earnings. The free cash flow to net income ratio of 0.89 TTM is strong, reflecting good cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.03B	2.85B	2.47B	1.55B	1.22B	1.20B
Gross Profit	1.65B	1.40B	1.29B	1.24B	1.10B	796.05M
EBITDA	835.76M	679.79M	792.70M	759.79M	705.16M	416.56M
Net Income	596.90M	475.06M	562.15M	560.74M	527.32M	312.32M
Balance Sheet
Total Assets	54.80B	52.59B	47.96B	41.97B	38.47B	34.93B
Cash, Cash Equivalents and Short-Term Investments	9.37B	8.92B	6.46B	4.70B	8.93B	7.31B
Total Debt	2.46B	2.53B	2.77B	1.08B	1.46B	1.89B
Total Liabilities	48.16B	46.16B	41.92B	36.45B	33.16B	30.03B
Stockholders Equity	6.64B	6.43B	6.04B	5.52B	5.31B	4.90B
Cash Flow
Free Cash Flow	769.18M	807.29M	400.15M	540.58M	634.27M	386.99M
Operating Cash Flow	861.37M	904.31M	478.40M	604.92M	657.44M	426.75M
Investing Cash Flow	-5.05B	-3.67B	-4.60B	-6.68B	-3.61B	-3.57B
Financing Cash Flow	4.80B	3.97B	5.18B	3.16B	3.10B	6.58B

Pinnacle Financial Partners Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 97.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PNFP, the sentiment is Neutral. The current price of 97.8 is above the 20-day moving average (MA) of 95.80, below the 50-day MA of 100.84, and below the 200-day MA of 107.95, indicating a neutral trend. The MACD of 0.20 indicates Negative momentum. The RSI at 52.63 is Neutral, neither overbought nor oversold. The STOCH value of 52.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PNFP.

Pinnacle Financial Partners Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNV	78 Outperform	$7.13B	9.87	14.71%	2.97%	11.52%	220.78%
CFR	78 Outperform	$8.11B	13.57	15.34%	3.09%	4.04%	13.30%
CADE	77 Outperform	$6.81B	13.22	9.59%	2.82%	17.47%	―
BOKF	75 Outperform	$7.02B	13.20	9.54%	2.05%	-0.54%	16.85%
PNFP	73 Outperform	$7.58B	12.95	9.32%	0.96%	10.19%	48.39%
CBSH	69 Neutral	$8.00B	14.46	16.31%	1.81%	13.77%	17.71%
Sector *	68 Neutral	$18.10B	11.52	9.93%	3.73%	9.70%	1.14%

Pinnacle Financial Partners Corporate Events

Pinnacle Financial Partners Announces Merger with Synovus

On August 27, 2025, Pinnacle Financial Partners, Inc. and Synovus Financial Corp. announced a joint investor presentation detailing their previously announced business combination. This merger aims to create a leading financial entity in the Southeast, potentially enhancing earnings and tangible book value for both companies. However, the transaction carries risks, including integration challenges, regulatory approvals, and potential reputational impacts, which could affect stakeholders and the anticipated benefits.

The most recent analyst rating on (PNFP) stock is a Hold with a $95.00 price target. To see the full list of analyst forecasts on Pinnacle Financial Partners stock, see the PNFP Stock Forecast page.