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.
Company Growth (employees)
Type
Public
HQ
Nashville, US
Founded
2000
Size (employees)
1,180 (est)
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 Financials and Metrics

Pinnacle Financial Partners Financials

Pinnacle Financial Partners's revenue was reported to be $484.6 m in FY, 2016
USD

Net income (Q3, 2017)

64.4 m

EBIT (Q3, 2017)

166.3 m

Market capitalization (13-Nov-2017)

5 b

Cash (30-Sep-2017)

408.3 m
Pinnacle Financial Partners's current market capitalization is $5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

191.3 m258.8 m341.7 m484.6 m

Revenue growth, %

35%32%42%

Cost of goods sold

15.4 m13.2 m18.5 m38.6 m

Gross profit

175.9 m245.6 m323.2 m446 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

75.5 m88.6 m106.8 m116.5 m129.1 m132.5 m158.8 m

Cost of goods sold

3.7 m5.1 m7.1 m8.7 m10.7 m13.4 m17.1 m

Gross profit

71.8 m83.5 m99.8 m107.8 m118.3 m119.1 m141.7 m

Gross profit Margin, %

95%94%93%93%92%90%89%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

208.9 m187.9 m321 m183.6 m

Accounts Receivable

15.4 m17 m21.6 m48.4 k

Inventories

8.4 b

PP&E

72.6 m71.6 m77.9 m88.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

272.9 m327 m382.6 m471.8 m257 m192.7 m538.8 m408.3 m

Inventories

4.8 b6.3 b6.8 b7.1 b8.2 b8.6 b14.8 b

PP&E

73.6 m81.5 m78.8 m78.8 m84.9 m97 m258 m

Goodwill

243.3 m429.4 m431.8 m427.6 m550.6 m551.5 m1.8 b1.8 b
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    57.7 m70.5 m95.5 m127.2 m

    Depreciation and Amortization

    1.3 m947.7 k2 m17 m

    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)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    42.4 m16.4 m33.5 m51.7 m21.8 m44.5 m68.7 m28 m58.8 m91.1 m39.7 m82.7 m64.4 m

    Depreciation and Amortization

    6.9 m2.3 m4.6 m7 m2.2 m4.3 m5 m(428.3 k)1.2 m1.4 m(429.3 k)(1.9 m)

    Cash From Operating Activities

    99.5 m13 m25 m60.8 m5.2 m29.1 m34.9 m24 m59.3 m78 m5.3 m69 m86.8 m

    Cash From Investing Activities

    (375.9 m)(74.6 m)(209.9 m)(295.7 m)(177.4 m)(406.4 m)(555.6 m)(435.9 m)(789.9 m)(928.2 m)(512.5 m)(1.1 b)(2.1 b)
      Y, 2017

      Financial Leverage

      5.9 x
      Show all financial metrics

      Pinnacle Financial Partners Operating Metrics

      Pinnacle Financial Partners's Total Loans Issued was reported to be $14.8 b in Q2, 2017
      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Non-performing Loans

      $16.71 m$16.92 m$17.55 m$30.05 m$29.36 m$42.52 m$33.79 m$28.49 m$27.58 m$25.05 m$40.22 m

      Bank Branches

      344445

      Total Loans Issued

      $4.59 b$4.65 b$4.83 b$6.34 b$6.54 b$6.83 b$7.09 b$8.24 b$8.45 b$8.64 b$14.76 b
      Show all operating metrics

      Pinnacle Financial Partners Market Value History

      Pinnacle Financial Partners's Web-traffic and Trends

      Pinnacle Financial Partners Company Life and Culture

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