PNFP RSI Chart
Last 30 days
5.8%
Last 90 days
-0.7%
Trailing 12 Months
66.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.5B | 0 | 0 | 0 |
2023 | 1.6B | 1.9B | 2.2B | 2.4B |
2022 | 1.0B | 1.1B | 1.2B | 1.4B |
2021 | 1.0B | 1.0B | 1.0B | 1.0B |
2020 | 1.1B | 1.1B | 1.0B | 1.0B |
2019 | 993.1M | 1.0B | 1.1B | 1.1B |
2018 | 745.5M | 852.8M | 898.7M | 946.7M |
2017 | 384.8M | 424.8M | 529.5M | 636.1M |
2016 | 281.5M | 309.7M | 339.9M | 363.6M |
2015 | 211.6M | 216.5M | 230.9M | 255.2M |
2014 | 193.4M | 196.4M | 201.0M | 206.2M |
2013 | 186.8M | 188.3M | 190.1M | 191.3M |
2012 | 185.1M | 185.1M | 184.7M | 185.4M |
2011 | 198.1M | 192.9M | 189.1M | 186.5M |
2010 | 0 | 0 | 0 | 203.3M |
2009 | 0 | 0 | 0 | 0 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 09, 2024 | burns gregory l | sold | -124,500 | 83.00 | -1,500 | - |
Apr 26, 2024 | callicutt richard d ii | sold | -1,134,750 | 81.5019 | -13,923 | chairman-carolinas & virginia |
Apr 25, 2024 | turner m terry | sold | -5,830,150 | 80.9743 | -72,000 | ceo |
Apr 25, 2024 | mccabe robert a jr | sold | -9,340,030 | 81.0422 | -115,249 | chairman |
Mar 12, 2024 | white j. harvey | sold (taxes) | -11,921 | 82.22 | -145 | chief credit officer |
Mar 12, 2024 | carpenter harold r | sold (taxes) | -518,479 | 82.22 | -6,306 | evp & cfo |
Mar 12, 2024 | callicutt richard d ii | acquired | - | - | 24,953 | chairman-carolinas & virginia |
Mar 12, 2024 | mccabe robert a jr | sold (taxes) | -1,879,300 | 82.22 | -22,857 | chairman |
Mar 12, 2024 | turner m terry | acquired | - | - | 61,135 | ceo |
Mar 12, 2024 | mccabe robert a jr | acquired | - | - | 58,085 | chairman |
Which funds bought or sold PNFP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | Engineers Gate Manager LP | new | - | 385,859 | 385,859 | 0.01% |
May 15, 2024 | Man Group plc | sold off | -100 | -781,404 | - | -% |
May 15, 2024 | JANUS HENDERSON GROUP PLC | added | - | -50,187 | 3,008,700 | -% |
May 15, 2024 | Anchor Investment Management, LLC | unchanged | - | -199 | 12,710 | -% |
May 15, 2024 | Mariner, LLC | added | 2.38 | 28,125 | 3,521,180 | 0.01% |
May 15, 2024 | STEEL GROVE CAPITAL ADVISORS, LLC | reduced | -34.04 | -520,937 | 965,205 | 0.13% |
May 15, 2024 | Forest Hill Capital, LLC | reduced | -66.19 | -4,736,210 | 2,363,850 | 2.04% |
May 15, 2024 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | sold off | -100 | -434,000 | - | -% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | sold off | -100 | -1,371,270 | - | -% |
May 15, 2024 | Dana Investment Advisors, Inc. | reduced | -4.43 | -95,437 | 1,521,620 | 0.05% |
Unveiling Pinnacle Financial Partners Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Pinnacle Financial Partners Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 581.4B | 174.7B | 11.55 | 3.33 | ||||
BAC | 306.7B | 137.9B | 12.25 | 2.22 | ||||
WFC | 212.8B | 85.8B | 11.34 | 2.48 | ||||
C | 122.4B | 125.0B | 15.31 | 0.98 | ||||
CFG | 16.6B | 10.4B | 11.61 | 1.6 | ||||
KEY | 14.4B | 8.1B | 16.53 | 1.78 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 10.4 | 1.7 | ||||
ZION | 6.6B | 4.1B | 10.5 | 1.62 | ||||
ABCB | 3.5B | 1.3B | 12.27 | 2.64 | ||||
ASB | 3.3B | 2.0B | 20.79 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
AROW | 415.3M | 173.1M | 14.24 | 2.4 | ||||
ALRS | 390.4M | 152.4M | 39.27 | 2.56 | ||||
ACNB | 289.6M | 98.7M | 9.84 | 2.93 | ||||
ASRV | 47.2M | 62.5M | -15.95 | 0.75 |
Pinnacle Financial Partners Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 0.9% | 650 | 645 | 627 | 575 | 506 | 451 | 372 | 292 | 259 | 259 | 261 | 259 | 252 | 257 | 249 | 252 | 263 | 268 | 276 | 266 | 258 |
EBITDA Margin | -5.3% | 0.69* | 0.73* | 0.79* | 0.89* | 1.01* | 1.14* | 1.25* | 1.31* | 1.32* | 1.32* | 1.30* | 1.28* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.2% | 318 | 317 | 317 | 315 | 312 | 319 | 306 | 265 | 239 | 239 | 238 | 233 | 223 | 221 | 207 | 201 | 194 | 194 | 196 | 189 | 187 |
Income Taxes | -19.3% | 27.00 | 34.00 | 35.00 | 49.00 | 34.00 | 37.00 | 35.00 | 36.00 | 28.00 | 33.00 | 33.00 | 31.00 | 28.00 | 23.00 | 26.00 | 11.00 | -1.66 | 22.00 | 27.00 | 24.00 | 23.00 |
Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 134 | 137 | 74.00 | 27.00 | 119 | 137 | 125 | 117 |
EBT Margin | -5.8% | 0.15* | 0.16* | 0.17* | 0.20* | 0.23* | 0.27* | 0.31* | 0.35* | 0.36* | 0.36* | 0.36* | 0.37* | - | - | - | - | - | - | - | - | - |
Net Income | 26.5% | 120 | 95.00 | 133 | 197 | 137 | 138 | 149 | 145 | 129 | 134 | 137 | 132 | 125 | 111 | 111 | 62.00 | 28.00 | 96.00 | 111 | 100 | 94.00 |
Net Income Margin | -8.7% | 0.22* | 0.24* | 0.28* | 0.33* | 0.35* | 0.41* | 0.47* | 0.51* | 0.51* | 0.51* | 0.49* | 0.47* | 0.41* | - | - | - | - | - | - | - | - |
Free Cashflow | 98.3% | 180 | 91.00 | 107 | -121 | 324 | 89.00 | 276 | 135 | 42.00 | 212 | 145 | 163 | 114 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.9% | 48,894 | 47,960 | 47,524 | 46,876 | 45,120 | 41,970 | 41,000 | 40,121 | 39,400 | 38,469 | 36,524 | 35,412 | 35,300 | 34,933 | 33,825 | 33,342 | 29,264 | 27,805 | 27,548 | 26,540 | 25,558 |
Cash Equivalents | 21.3% | 2,706 | 2,230 | 3,152 | 3,833 | 2,819 | 1,177 | 1,804 | 1,632 | 3,320 | 4,102 | 3,467 | 2,891 | 3,187 | 3,961 | - | - | - | 527 | - | - | - |
Net PPE | 3.4% | 266 | 257 | 253 | 245 | 355 | 328 | 320 | 302 | 297 | 288 | 289 | 288 | 290 | 290 | 288 | 282 | 275 | 274 | 275 | 275 | 263 |
Goodwill | 0% | 1,847 | 1,847 | 1,847 | 1,847 | 1,847 | 1,847 | 1,846 | 1,846 | 1,851 | 1,820 | 1,820 | 1,820 | 1,820 | 1,820 | 1,820 | 1,820 | 1,820 | 1,820 | 1,831 | 1,807 | 1,807 |
Liabilities | 2.1% | 42,790 | 41,924 | 41,686 | 41,032 | 39,435 | 36,451 | 35,658 | 34,806 | 34,119 | 33,159 | 31,332 | 30,311 | 30,340 | 30,028 | 29,038 | 28,646 | 24,879 | 23,450 | 23,253 | 22,364 | 21,502 |
Shareholder's Equity | 1.1% | 6,104 | 6,036 | 5,838 | 5,844 | 5,684 | 5,519 | 5,342 | 5,315 | 5,281 | 5,311 | 5,192 | 5,101 | 4,960 | 4,905 | 4,787 | 4,696 | 4,385 | 4,356 | 4,295 | 4,176 | 4,056 |
Retained Earnings | 3.7% | 2,888 | 2,785 | 2,746 | 2,634 | 2,458 | 2,342 | 2,225 | 2,097 | 1,973 | 1,864 | 1,748 | 1,630 | 1,515 | 1,408 | 1,313 | 1,218 | 1,168 | 1,184 | 1,101 | 1,002 | 915 |
Additional Paid-In Capital | -0.3% | 3,101 | 3,109 | 3,098 | 3,088 | 3,079 | 3,075 | 3,067 | 3,056 | 3,046 | 3,046 | 3,039 | 3,032 | 3,027 | 3,028 | 3,023 | 3,019 | 3,016 | 3,064 | 3,070 | 3,076 | 3,079 |
Shares Outstanding | 0.6% | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 76.00 | 76.00 | 76.00 | 76.00 | 75.00 | 75.00 | 75.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 4,268 | - | - | - | 5,405 | - | - | - | 6,546 | - | - | - | 3,092 | - | - | - | 4,632 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 84.1% | 197 | 107 | 122 | -110 | 360 | 105 | 300 | 148 | 52.00 | 219 | 152 | 167 | 120 | 125 | 117 | 129 | 57.00 | 117 | 130 | 29.00 | 155 |
Share Based Compensation | -15.9% | 10.00 | 12.00 | 10.00 | 9.00 | 10.00 | 9.00 | 11.00 | 11.00 | 9.00 | 7.00 | 7.00 | 6.00 | 5.00 | 5.00 | 4.00 | 4.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 |
Cashflow From Investing | 57.6% | -535 | -1,264 | -1,311 | -462 | -1,563 | -1,560 | -792 | -2,494 | -1,837 | -1,384 | -551 | -375 | -1,301 | -153 | -157 | -2,378 | -878 | -707 | -552 | -706 | -649 |
Cashflow From Financing | 245.2% | 814 | 236 | 509 | 1,587 | 2,845 | 829 | 664 | 658 | 1,003 | 1,801 | 975 | -88.12 | 408 | 947 | 391 | 3,919 | 1,320 | 197 | 714 | 820 | 258 |
Dividend Payments | 0.5% | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 14.00 | 14.00 | 14.00 | 14.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 13.00 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 51.00 | 13.00 | 11.00 | 7.00 | 30.00 |
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest income: | ||
Loans, including fees | $ 541,199 | $ 431,902 |
Securities: | ||
Taxable | 44,470 | 29,358 |
Tax-exempt | 24,600 | 23,802 |
Federal funds sold and other | 40,214 | 20,977 |
Total interest income | 650,483 | 506,039 |
Interest expense: | ||
Deposits | 300,968 | 176,589 |
Securities sold under agreements to repurchase | 1,399 | 595 |
Federal Home Loan Bank advances and other borrowings | 30,082 | 16,624 |
Total interest expense | 332,449 | 193,808 |
Net interest income | 318,034 | 312,231 |
Provision for credit losses | 34,497 | 18,767 |
Net interest income after provision for credit losses | 283,537 | 293,464 |
Noninterest income: | ||
Total noninterest income | 110,103 | 89,529 |
Noninterest expense: | ||
Salaries and employee benefits | 146,010 | 135,708 |
Equipment and occupancy | 39,646 | 30,353 |
Other real estate expense, net | 84 | 99 |
Marketing and other business development | 6,125 | 5,942 |
Postage and supplies | 2,771 | 2,819 |
Amortization of intangibles | 1,584 | 1,794 |
Other noninterest expense | 46,145 | 35,012 |
Total noninterest expense | 242,365 | 211,727 |
Income before income taxes | 151,275 | 171,266 |
Income tax expense | 27,331 | 33,995 |
Net income | 123,944 | 137,271 |
Preferred stock dividends | (3,798) | (3,798) |
Net income available to common shareholders | $ 120,146 | $ 133,473 |
Per share information: | ||
Basic net income per common share | $ 1.58 | $ 1.76 |
Diluted net income per common share | $ 1.57 | $ 1.76 |
Weighted average common shares outstanding: | ||
Basic | 76,278,453 | 75,921,282 |
Diluted | 76,428,885 | 76,042,328 |
Service charges on deposit accounts | ||
Noninterest income: | ||
Total noninterest income | $ 13,439 | $ 11,718 |
Investment services | ||
Noninterest income: | ||
Total noninterest income | 14,751 | 11,595 |
Insurance sales commissions | ||
Noninterest income: | ||
Total noninterest income | 3,852 | 4,464 |
Gain on mortgage loans sold, net | ||
Noninterest income: | ||
Total noninterest income | 2,879 | 2,053 |
Trust fees | ||
Noninterest income: | ||
Total noninterest income | 7,415 | 6,429 |
Income from equity method investment | ||
Noninterest income: | ||
Total noninterest income | 16,035 | 19,079 |
Gain on sale of fixed assets | ||
Noninterest income: | ||
Total noninterest income | 58 | 135 |
Other noninterest income | ||
Noninterest income: | ||
Total noninterest income | $ 51,674 | $ 34,056 |
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets [Abstract] | ||
Cash and noninterest-bearing due from banks | $ 175,826 | $ 228,620 |
Restricted cash | 58,285 | 86,873 |
Interest-bearing due from banks | 2,472,250 | 1,914,856 |
Cash and cash equivalents | 2,706,361 | 2,230,349 |
Securities purchased with agreement to resell | 554,022 | 558,009 |
Debt Securities, Available-for-sale | 4,378,718 | 4,317,530 |
HeldToMaturitySecurities, net of allowance for credit losses | 2,993,129 | 3,006,357 |
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group | 104,586 | 104,217 |
Commercial loans held-for-sale | 6,068 | 9,280 |
Loans | 33,162,873 | 32,676,091 |
Loans and Leases Receivable, Allowance | (371,337) | (353,055) |
Loans, net | 32,791,536 | 32,323,036 |
Premises and equipment, net | 265,579 | 256,877 |
Equity Method Investments | 457,657 | 445,223 |
Accrued interest receivable | 219,887 | 217,491 |
Goodwill | 1,846,973 | 1,846,973 |
Core deposits and other intangible assets | 25,881 | 27,465 |
Other real estate owned | 2,766 | 3,937 |
Other assets | 2,541,033 | 2,613,139 |
Total assets | 48,894,196 | 47,959,883 |
Deposits: | ||
Noninterest-bearing | 7,958,739 | 7,906,502 |
Interest-bearing | 12,178,471 | 11,365,349 |
Savings and money market accounts | 14,761,573 | 14,427,206 |
Time | 4,503,242 | 4,840,753 |
Total deposits | 39,402,025 | 38,539,810 |
Securities Sold under Agreements to Repurchase | 201,418 | 209,489 |
Advances from Federal Home Loan Banks | 2,116,417 | 2,138,169 |
Total Debt Outstanding | 425,159 | 424,938 |
Accrued interest payable | 58,069 | 66,967 |
Other liabilities | 587,257 | 544,722 |
Total liabilities | 42,790,345 | 41,924,095 |
Stockholders' Equity Attributable to Parent [Abstract] | ||
Preferred stock, no par value, 10.0 million shares authorized; 225,000 shares non-cumulative perpetual preferred stock, Series B, liquidation preference $225.0 million, issued and outstanding at March 31, 2024 and Dec. 31, 2023, respectively | 217,126 | 217,126 |
Common Stock, Value, Outstanding | 77,219 | 76,767 |
Additional paid-in capital | 3,100,817 | 3,109,493 |
Retained earnings | 2,887,804 | 2,784,927 |
Accumulated other comprehensive loss, net of taxes | (179,115) | (152,525) |
Total shareholders' equity | 6,103,851 | 6,035,788 |
Total liabilities and shareholders' equity | $ 48,894,196 | $ 47,959,883 |