Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. It accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, such as online wire origination, enhanced ACH origination, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services, small business and commercial credit cards corporate purchasing cards, and virtual accounting/deposit escrow solutions. The company also offers equipment and working capital loan; commercial real estate loans, such as investment properties and business loan; secured and unsecured loans comprising installment and term, lines of credit, and residential first mortgage, as well as home equity loans and home equity lines of credit; and credit cards for consumers and businesses. In addition, the company provides investment products; brokerage and investment advisory programs; and fiduciary and investment services, including personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. Further, it offers insurance agency services in the property and casualty area; investment, merger and acquisition advisory services, private debt, equity and mezzanine, and other middle-market advisory services; and other banking services, including telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.
Growth Momentum | Pinnacle Financial Partners shows impressive growth with stock surging over 20% since Q3 2024, outpacing KRE index by 12% and delivering strong returns |
Strategic Expansion | Explore PNFP's aggressive hiring strategy and strengthening loan growth pipelines, projecting 7-9% growth and 8-10% net interest income increase for 2024 |
Valuation Concerns | Analysts caution on PNFP's premium valuation, trading at 14x estimated 2026 earnings, with average price target ranging from $98 to $125, reflecting mixed outlooks |
Revenue Diversification | Learn about PNFP's focus on expanding non-BHG fee income streams, potentially enhancing profitability and providing a buffer against interest rate fluctuations |
Metrics to compare | PNFP | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipPNFPPeersSector | |
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P/E Ratio | 11.8x | 10.5x | 9.5x | |
PEG Ratio | 0.24 | 0.38 | 0.03 | |
Price/Book | 1.1x | 1.1x | 1.0x | |
Price / LTM Sales | 3.8x | 3.5x | 2.8x | |
Upside (Analyst Target) | 29.9% | 18.7% | 13.3% | |
Fair Value Upside | Unlock | −0.7% | 1.6% | Unlock |