Pinnacle Financial Partners

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. The American Banker recognized Pinnacle as the third best bank to work for in the country in 2015. The firm began operations in a single downtown Nashville location in October 2000 and has since grown to approximately $9.7 billion in assets at June 30, 2016. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in the state’s four largest markets, Nashville, Memphis, Knoxville and Chattanooga, as well as several surrounding counties. Additional information concerning Pinnacle, which is included in the NASDAQ Financial-100 Index, can be accessed 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 government agency insured and are NOT GUARANTEED by Pinnacle Bank. Subject to risk and may lose value.
Type
Public
HQ
Nashville, US
Founded
2000
Size (employees)
1,180 (est)+11%
Website
pnfp.com
Pinnacle Financial Partners was founded in 2000 and is headquartered in Nashville, US

Pinnacle Financial Partners Office Locations

Pinnacle Financial Partners has an office in Nashville
Nashville, US (HQ)
900 150 3rd Ave S

Pinnacle Financial Partners Data and Metrics

Pinnacle Financial Partners Financial Metrics

Pinnacle Financial Partners's revenue was reported to be $363.6 m in FY, 2016 which is a 42% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

363.6 m

Revenue growth (FY, 2015 - FY, 2016), %

42%

Gross profit (FY, 2016)

325 m

Gross profit margin (FY, 2016), %

89%

Net income (FY, 2016)

127.2 m

EBIT (FY, 2016)

306.7 m

Market capitalization (24-May-2017)

3 b

Closing share price (24-May-2017)

62.9

Cash (31-Dec-2016)

183.6 m
Pinnacle Financial Partners's current market capitalization is $3 b.
Numbers are in $, USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

191.3 m206.2 m255.2 m363.6 m

Revenue growth, %

8%24%42%

Cost of goods sold

15.4 m13.2 m18.5 m38.6 m

Gross profit

175.9 m193 m236.6 m325 m

Gross profit Margin, %

92%94%93%89%

Operating expense total

129.3 m136.3 m170.9 m236.3 m

EBIT

85.9 m105.7 m143.1 m306.7 m

EBIT margin, %

45%51%56%84%

Pre tax profit

85.9 m105.7 m143.1 m191.4 m

Income tax expense

4.4 m(15.2 m)20.6 m28.2 m35.2 m47.6 m64.2 m

Net Income

57.7 m70.5 m95.5 m127.2 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

208.9 m187.9 m321 m183.6 m

Accounts Receivable

15.4 m17 m21.6 m28.2 m

Inventories

PP&E

72.6 m71.6 m77.9 m88.9 m

Goodwill

243.7 m243.5 m432.2 m551.6 m

Total Assets

5.6 b6 b8.7 b11.2 b

Accounts Payable

792.7 k631.7 k2.6 m5.6 m

Additional Paid-in Capital

550.2 m561.4 m839.6 m1.1 b

Retained Earnings

142.3 m201.4 m278.6 m381.1 m

Total Equity

723.7 m802.7 m1.2 b1.5 b

Financial Leverage

7.7 x7.5 x7.5 x7.5 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

57.7 m70.5 m95.5 m127.2 m

Depreciation and Amortization

1.3 m947.7 k2 m4.3 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

126.4 m95.1 m83.7 m126.6 m

Cash From Investing Activities

(564.7 m)(487.9 m)(742.6 m)(1.3 b)

Cash From Financing Activities

481.9 m371.8 m791.9 m989.5 m
Numbers are in $, USDY, 2016

Revenue/Employee

341.4 k

Financial Leverage

7.5 x

Pinnacle Financial Partners Market Value History

Pinnacle Financial Partners Company Life and Culture

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