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.
Strategic Overhaul | Pinnacle's balance sheet restructuring promises enhanced financial stability and operational efficiency, setting the stage for ambitious growth targets |
Growth Momentum | Explore Pinnacle's aggressive hiring strategy and strengthening loan pipelines, driving projected revenue growth of 23% for fiscal year 2025 |
Market Positioning | Delve into Pinnacle's competitive edge in mid-cap banking, leveraging its strong capital base and strategic geographic footprint |
Valuation Insights | Analyst price targets range from $97 to $125, reflecting varied perspectives on Pinnacle's growth potential amid concerns over current valuation |
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 | 17.0x | 10.0x | 8.7x | |
PEG Ratio | −1.49 | 0.38 | 0.03 | |
Price/Book | 1.3x | 1.1x | 1.0x | |
Price / LTM Sales | 4.8x | 3.3x | 2.7x | |
Upside (Analyst Target) | 9.0% | 13.4% | 14.5% | |
Fair Value Upside | Unlock | 0.1% | 3.7% | Unlock |