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Pinnacle Financial Partners (PNFPP) Financials

Pinnacle Financial Partners logo
$24.10 +0.05 (+0.21%)
Closing price 05/23/2025 03:56 PM Eastern
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$24.26 +0.16 (+0.66%)
As of 05/23/2025 04:04 PM Eastern
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Annual Income Statements for Pinnacle Financial Partners

Annual Income Statements for Pinnacle Financial Partners

This table shows Pinnacle Financial Partners' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 460 547 546 512 305 401 359 174 127 96
Consolidated Net Income / (Loss)		 475 562 561 527 312 401 359 174 127 96
Net Income / (Loss) Continuing Operations		 475 562 561 527 312 401 359 174 127 96
Total Pre-Tax Income 		581 714 697 652 371 498 450 298 191 143
Total Revenue		 1,737 1,695 1,545 1,328 1,140 1,030 937 688 446 323
Net Interest Income / (Expense)		 1,366 1,262 1,129 932 822 766 736 543 325 237
Total Interest Income		 2,698 2,353 1,374 1,031 1,021 1,068 947 636 364 255
Loans and Leases Interest Income		 2,221 1,950 1,182 924 920 955 850 578 336 233
Investment Securities Interest Income		 318 238 149 100 95 98 84 53 25 21
Federal Funds Sold and Securities Borrowed Interest Income		 159 165 43 7.55 6.77 15 12 5.08 2.68 1.48
Total Interest Expense		 1,333 1,091 245 99 199 302 210 93 39 19
Deposits Interest Expense		 1,203 983 204 54 136 232 151 60 24 13
Short-Term Borrowings Interest Expense		 124 104 40 44 63 70 59 33 15 5.19
Federal Funds Purchased and Securities Sold Interest Expense		 5.39 3.74 0.79 0.24 0.35 0.57 0.59 0.41 0.19 0.14
Total Non-Interest Income		 371 433 416 396 318 264 201 145 121 87
Provision for Credit Losses		 121 94 68 16 204 27 34 24 18 9.19
Total Non-Interest Expense		 1,035 888 780 660 564 505 453 367 236 171
Salaries and Employee Benefits		 621 532 510 436 334 313 272 210 141 106
Net Occupancy & Equipment Expense		 166 139 110 95 88 85 74 54 35 27
Marketing Expense		 27 24 21 13 11 13 12 8.32 6.54 4.86
Other Operating Expenses		 215 186 131 108 112 80 76 53 37 26
Amortization Expense		 6.25 7.09 7.81 8.52 9.79 9.91 11 8.82 4.28 1.97
Other Special Charges		 0.22 0.32 0.28 -0.71 8.56 4.23 0.72 1.08 0.40 -0.31
Income Tax Expense		 106 152 137 125 59 97 91 124 64 48
Preferred Stock Dividends Declared		 15 15 15 15 7.60 0.00 0.00 - - -
Basic Earnings per Share		 $6.01 $7.20 $7.20 $6.79 $4.04 $5.25 $4.66 $2.73 $2.96 $2.58
Weighted Average Basic Shares Outstanding		 76.46M 76.02M 75.74M 75.47M 75.38M 76.36M 77.11M 63.76M 43.04M 37.02M
Diluted Earnings per Share		 $5.96 $7.14 $7.17 $6.75 $4.03 $5.22 $4.64 $2.70 $2.91 $2.52
Weighted Average Diluted Shares Outstanding		 77.13M 76.65M 76.13M 75.93M 75.65M 76.76M 77.45M 64.33M 43.73M 37.97M
Weighted Average Basic & Diluted Shares Outstanding		 77.37M 76.94M 76.64M 76.29M 75.99M 77.53M 77.10M 63.70M 43M 37M

Quarterly Income Statements for Pinnacle Financial Partners

This table shows Pinnacle Financial Partners' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 147 143 49 120 91 129 194 133 134 145
Consolidated Net Income / (Loss)		 151 147 53 124 95 133 197 137 138 149
Net Income / (Loss) Continuing Operations		 151 147 53 124 95 133 197 137 138 149
Total Pre-Tax Income 		184 181 65 151 129 168 246 171 175 184
Total Revenue		 475 467 367 428 396 408 489 402 402 411
Net Interest Income / (Expense)		 364 352 332 318 317 317 315 312 319 306
Total Interest Income		 684 695 668 650 645 627 575 506 451 372
Loans and Leases Interest Income		 558 570 552 541 531 509 479 432 387 316
Investment Securities Interest Income		 84 90 76 69 67 61 57 53 48 40
Federal Funds Sold and Securities Borrowed Interest Income		 43 35 41 40 47 58 40 21 16 16
Total Interest Expense		 321 343 336 332 328 310 260 194 132 66
Deposits Interest Expense		 288 311 304 301 298 280 229 177 120 55
Short-Term Borrowings Interest Expense		 32 31 30 30 29 29 30 17 11 11
Federal Funds Purchased and Securities Sold Interest Expense		 1.18 1.50 1.32 1.40 1.30 1.07 0.78 0.60 0.47 0.18
Total Non-Interest Income		 112 115 34 110 79 91 174 90 82 105
Provision for Credit Losses		 30 26 30 34 16 27 32 19 25 27
Total Non-Interest Expense		 262 259 271 242 251 213 212 212 202 199
Salaries and Employee Benefits		 165 160 150 146 133 130 132 136 132 130
Net Occupancy & Equipment Expense		 43 43 41 40 38 37 34 30 29 28
Marketing Expense		 8.17 5.60 6.78 6.13 6.83 5.48 5.66 5.94 7.58 4.96
Other Operating Expenses		 45 49 72 49 71 39 38 38 31 35
Amortization Expense		 1.54 1.56 1.57 1.58 1.75 1.77 1.78 1.79 1.94 1.95
Other Special Charges		 0.06 0.06 0.02 0.08 0.13 0.03 0.06 0.10 0.18 -0.09
Income Tax Expense		 33 34 12 27 34 35 49 34 37 35
Preferred Stock Dividends Declared		 3.80 3.80 3.80 3.80 3.80 3.80 3.80 3.80 3.80 3.80
Basic Earnings per Share		 $1.91 $1.87 $0.65 $1.58 $1.20 $1.69 $2.55 $1.76 $1.76 $1.91
Weighted Average Basic Shares Outstanding		 76.46M 76.52M 76.51M 76.28M 76.02M 76.04M 76.03M 75.92M 75.74M 75.76M
Diluted Earnings per Share		 $1.89 $1.86 $0.64 $1.57 $1.15 $1.69 $2.54 $1.76 $1.75 $1.91
Weighted Average Diluted Shares Outstanding		 77.13M 76.77M 76.64M 76.43M 76.65M 76.20M 76.09M 76.04M 76.13M 75.98M
Weighted Average Basic & Diluted Shares Outstanding		 77.37M 77.25M 154.47M 154.44M 76.94M 153.55M 153.52M 153.49M 76.64M 152.91M

Annual Cash Flow Statements for Pinnacle Financial Partners

This table details how cash moves in and out of Pinnacle Financial Partners' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 1,206 1,053 -2,924 140 3,435 -195 -417 596 -137 133
Net Cash From Operating Activities		 904 478 605 657 427 431 471 166 152 85
Net Cash From Continuing Operating Activities		 904 478 605 657 427 435 111 166 152 85
Net Income / (Loss) Continuing Operations		 475 562 561 527 312 401 0.00 174 127 96
Consolidated Net Income / (Loss)		 475 562 561 527 312 401 - 174 127 96
Provision For Loan Losses		 121 94 68 16 204 27 34 24 18 9.19
Depreciation Expense		 99 79 62 53 45 8.34 -24 -24 0.19 10
Amortization Expense		 51 59 66 59 38 20 -19 13 8.63 5.23
Non-Cash Adjustments to Reconcile Net Income		 -1.92 -60 -43 -12 -85 -43 3,289 34 -0.14 -26
Changes in Operating Assets and Liabilities, net		 161 -255 -109 13 -88 22 85 -55 -1.96 -9.85
Net Cash From Investing Activities		 -3,672 -4,602 -6,684 -3,613 -3,568 -2,616 -2,969 -2,116 -1,279 -743
Net Cash From Continuing Investing Activities		 -3,672 -4,602 -6,684 -3,613 -3,568 -2,616 -2,969 -2,426 -1,279 -743
Purchase of Property, Leasehold Improvements and Equipment		 -95 -78 -64 -23 -39 -42 -24 -53 -17 -11
Purchase of Investment Securities		 -5,210 -1,533 -7,146 -4,305 -4,184 -3,701 -3,467 -2,912 -1,652 -1,089
Sale and/or Maturity of Investments		 1,632 -2,991 525 716 655 1,127 522 850 372 344
Net Cash From Financing Activities		 3,974 5,177 3,155 3,096 6,576 1,990 2,440 2,546 989 791
Net Cash From Continuing Financing Activities		 3,974 5,183 3,165 3,102 6,581 1,997 2,440 2,545 989 791
Net Change in Deposits		 4,303 3,579 3,661 3,599 7,525 1,332 2,399 1,488 822 783
Issuance of Debt		 455 3,425 500 0.00 819 2,673 1,685 1,965 2,177 1,194
Issuance of Common Equity		 -14 -3.73 -5.46 -3.79 -2.49 0.00 0.00 192 0.00 0.00
Repayment of Debt		 -700 -1,750 -955 -450 -1,874 -1,922 -1,542 -1,051 -2,008 -1,143
Repurchase of Common Equity		 -5.84 3.22 4.71 3.13 -51 -61 -21 0.00 0.00 -
Payment of Dividends		 -84 -84 -83 -71 -57 -50 -45 -36 -25 -18
Other Financing Activities, Net		 21 15 42 24 4.39 25 -36 -13 23 -25

Quarterly Cash Flow Statements for Pinnacle Financial Partners

This table details how cash moves in and out of Pinnacle Financial Partners' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 603 455 -328 476 -922 -681 1,014 1,642 -626 172
Net Cash From Operating Activities		 500 121 86 197 107 122 -111 360 105 300
Net Cash From Continuing Operating Activities		 500 121 86 197 -65 122 61 360 104 295
Net Income / (Loss) Continuing Operations		 151 147 53 124 95 133 197 137 138 149
Consolidated Net Income / (Loss)		 151 147 53 124 95 133 197 137 138 149
Provision For Loan Losses		 30 26 30 34 16 27 32 19 25 27
Depreciation Expense		 26 25 25 23 19 19 20 20 18 15
Amortization Expense		 12 11 14 14 14 15 15 15 15 16
Non-Cash Adjustments to Reconcile Net Income		 -26 19 -0.75 5.72 -83 -27 35 15 4.96 13
Changes in Operating Assets and Liabilities, net		 307 -107 -35 -4.00 -127 -44 -238 154 -96 75
Net Cash From Investing Activities		 -1,534 -823 -780 -536 -1,265 -1,312 -463 -1,563 -1,560 -793
Net Cash From Continuing Investing Activities		 -1,534 -823 -780 -536 -1,265 -1,312 -463 -1,563 -1,621 -825
Purchase of Property, Leasehold Improvements and Equipment		 -25 -25 -27 -17 -16 -15 -11 -36 -16 -24
Purchase of Investment Securities		 -3,047 -446 -1,005 -712 2,530 -1,474 -1,011 -1,579 -1,231 -1,404
Sale and/or Maturity of Investments		 1,545 -356 250 194 -3,580 177 362 51 -373 603
Net Cash From Financing Activities		 1,637 1,157 366 814 236 509 1,587 2,845 829 664
Net Cash From Continuing Financing Activities		 1,637 1,157 366 814 242 509 1,587 2,845 839 664
Net Change in Deposits		 1,888 1,185 368 862 244 573 1,544 1,217 1,271 1,095
Issuance of Common Equity		 -9.27 9.27 - -14 -0.08 - - -3.65 - -0.00
Repayment of Debt		 -250 -0.11 -0.10 -450 -0.09 -75 -1,200 -475 -525 -400
Repurchase of Common Equity		 8.59 -9.85 -0.45 -4.14 6.01 -0.37 -0.31 -2.12 9.14 -0.35
Payment of Dividends		 -21 -21 -21 -21 -21 -21 -21 -21 -21 -21
Other Financing Activities, Net		 20 -11 19 -8.07 13 32 14 -45 4.36 -9.03

Annual Balance Sheets for Pinnacle Financial Partners

This table presents Pinnacle Financial Partners' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 52,589 47,960 41,970 38,469 34,933 27,805 25,031 22,206 11,195 8,715
Cash and Due from Banks		 320 229 300 188 427 158 203 177 85 75
Restricted Cash		 94 87 - - - 137 - - - -
Interest Bearing Deposits at Other Banks		 3,022 1,915 877 3,831 3,522 211 517 497 98 219
Trading Account Securities		 9,060 8,431 4,558 6,321 5,011 3,900 3,551 2,758 1,529 1,055
Loans and Leases, Net of Allowance		 -414 -353 28,741 23,151 22,139 19,693 17,624 15,566 8,391 6,478
Allowance for Loan and Lease Losses		 414 353 301 263 285 95 84 67 59 65
Loans Held for Sale		 20 9.28 21 - 31 18 16 129 70 48
Premises and Equipment, Net		 311 257 328 288 290 274 266 266 89 78
Goodwill		 1,849 1,847 1,847 1,820 1,820 1,820 1,807 1,808 552 432
Intangible Assets		 21 27 35 34 42 51 46 57 15 11
Other Assets		 38,306 35,511 5,264 1,581 1,637 1,523 999 843 365 292
Total Liabilities & Shareholders' Equity		 52,589 47,960 41,970 38,469 34,933 27,805 25,031 22,206 11,195 8,715
Total Liabilities		 46,158 41,924 36,451 24,059 30,028 23,450 21,065 18,498 9,698 7,559
Non-Interest Bearing Deposits		 8,170 7,907 9,813 10,461 7,392 4,795 4,309 4,381 2,399 1,890
Interest Bearing Deposits		 34,673 30,633 25,148 12,180 20,313 15,386 14,540 12,070 6,360 5,082
Short-Term Debt		 230 209 195 153 128 126 105 135 86 79
Accrued Interest Payable		 56 67 19 - 25 42 24 10 5.57 2.59
Long-Term Debt		 2,300 2,563 888 889 1,759 2,812 1,929 1,785 757 442
Other Long-Term Liabilities		 729 545 387 377 411 289 159 115 90 64
Total Equity & Noncontrolling Interests		 6,432 6,036 5,519 5,017 4,905 4,356 3,966 3,708 1,497 1,156
Total Preferred & Common Equity		 6,432 6,036 5,519 5,311 4,905 4,356 3,966 3,708 1,497 1,156
Preferred Stock		 217 217 217 - 217 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 6,215 5,819 5,302 5,017 4,687 4,356 3,966 3,708 1,497 1,156
Common Stock		 3,207 3,186 3,151 3,046 3,104 3,141 3,185 3,193 1,130 881
Retained Earnings		 3,176 2,785 2,342 1,864 1,408 1,184 833 519 381 279
Accumulated Other Comprehensive Income / (Loss)		 -168 -153 -191 107 176 31 -52 -4.24 -14 -3.49

Quarterly Balance Sheets for Pinnacle Financial Partners

This table presents Pinnacle Financial Partners' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 50,702 49,367 48,894 47,524 46,876 45,120 41,000
Cash and Due from Banks		 470 270 234 297 470 209 187
Interest Bearing Deposits at Other Banks		 2,363 2,108 2,472 2,855 3,363 2,597 1,617
Trading Account Securities		 5,882 5,601 5,390 4,964 4,646 4,832 4,543
Loans and Leases, Net of Allowance		 33,917 33,388 32,792 31,597 30,816 29,984 27,424
Loans and Leases		 34,308 33,769 33,163 31,943 31,153 30,298 27,712
Allowance for Loan and Lease Losses		 392 382 371 346 337 314 288
Loans Held for Sale		 187 16 111 21 23 23 15
Premises and Equipment, Net		 295 283 266 253 245 355 320
Goodwill		 1,847 1,847 1,847 1,847 1,847 1,847 1,846
Intangible Assets		 23 24 26 29 31 33 36
Other Assets		 5,718 5,830 5,757 5,661 5,435 5,226 5,012
Total Liabilities & Shareholders' Equity		 50,702 49,367 48,894 47,524 46,876 45,120 41,000
Total Liabilities		 44,358 43,192 42,790 41,686 41,032 39,435 35,658
Non-Interest Bearing Deposits		 8,229 7,933 7,959 8,324 8,437 9,018 10,568
Interest Bearing Deposits		 32,725 31,837 31,443 29,971 29,286 27,160 23,122
Short-Term Debt		 210 221 201 196 164 150 191
Accrued Interest Payable		 59 59 58 67 54 32 10
Long-Term Debt		 2,146 2,536 2,116 2,535 2,625 2,591 1,313
Other Long-Term Liabilities		 562 606 587 592 467 485 454
Total Equity & Noncontrolling Interests		 6,344 6,175 6,104 5,838 5,844 5,684 5,342
Total Preferred & Common Equity		 6,344 6,175 6,104 5,838 5,844 5,684 5,342
Preferred Stock		 217 217 217 217 217 217 217
Total Common Equity		 6,127 5,958 5,887 5,621 5,627 5,467 5,125
Common Stock		 3,198 3,188 3,178 3,174 3,165 3,156 3,143
Retained Earnings		 3,046 2,920 2,888 2,746 2,634 2,458 2,225
Accumulated Other Comprehensive Income / (Loss)		 -117 -151 -179 -300 -172 -147 -243

Annual Metrics And Ratios for Pinnacle Financial Partners

This table displays calculated financial ratios and metrics derived from Pinnacle Financial Partners' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 2.44% 9.70% 16.36% 16.54% 10.65% 9.90% 36.18% 54.31% 38.01% 31.59%
EBITDA Growth		 -14.17% 3.13% 8.03% 68.11% -13.60% 29.22% 41.78% 43.46% 26.23% 32.76%
EBIT Growth		 -18.60% 2.37% 6.99% 75.55% -25.36% 10.58% 51.00% 55.70% 33.74% 35.44%
NOPAT Growth		 -15.49% 0.25% 6.34% 68.84% -22.09% 11.53% 106.60% 36.75% 33.21% 35.53%
Net Income Growth		 -15.49% 0.25% 6.34% 68.84% -22.09% 11.53% 106.60% 36.75% 33.21% 35.53%
EPS Growth		 -16.53% -0.42% 6.22% 67.49% -22.80% 12.50% 71.85% -7.22% 15.48% 25.37%
Operating Cash Flow Growth		 89.03% -20.92% -7.99% 54.06% -1.10% -8.34% 183.82% 8.89% 80.03% -11.00%
Free Cash Flow Firm Growth		 119.55% -117.47% 215.70% -1,098.17% 191.19% -7,784.18% 99.64% -481.58% -36.37% -192.28%
Invested Capital Growth		 1.74% 33.40% -57.27% 127.52% -6.89% 21.57% 6.59% 140.59% 39.54% 41.09%
Revenue Q/Q Growth		 4.77% -0.32% 4.20% -2.77% 12.18% 0.00% 4.02% 15.25% 5.21% 11.52%
EBITDA Q/Q Growth		 8.86% -5.05% 1.22% -4.21% 29.23% 196.82% 1.23% 8.07% 4.57% 11.02%
EBIT Q/Q Growth		 10.44% -6.06% 1.24% -5.85% 31.23% 194.58% 8.90% 10.22% 7.84% 9.29%
NOPAT Q/Q Growth		 13.44% -7.09% 0.78% 4.49% 4.97% 0.19% 23.55% -5.07% 7.83% 9.29%
Net Income Q/Q Growth		 13.44% -7.09% 0.78% 4.49% 4.97% 0.19% 23.55% -5.07% 7.83% 9.29%
EPS Q/Q Growth		 14.18% -7.75% 0.70% 4.49% 4.13% 0.38% 26.78% -16.67% 5.43% 4.56%
Operating Cash Flow Q/Q Growth		 76.79% 0.51% -15.86% 16.63% 1.92% -7.55% 29.25% -14.69% 19.25% 22.33%
Free Cash Flow Firm Q/Q Growth		 11.92% -46.97% 1,852.46% -1,442.46% 31.79% -14.60% -106.67% 11.10% -172.29% 38.98%
Invested Capital Q/Q Growth		 3.01% 2.79% -3.55% 128.19% -1.18% 1.40% -0.23% -4.48% 6.11% -11.30%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 42.08% 50.22% 53.42% 57.54% 39.89% 51.09% 43.45% 41.73% 44.89% 49.08%
EBIT Margin		 33.47% 42.12% 45.13% 49.08% 32.59% 48.31% 48.01% 43.30% 42.91% 44.28%
Profit (Net Income) Margin		 27.35% 33.16% 36.28% 39.70% 27.41% 38.92% 38.35% 25.28% 28.53% 29.55%
Tax Burden Percent		 81.74% 78.73% 80.39% 80.89% 84.10% 80.57% 79.88% 58.39% 66.48% 66.74%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 18.26% 21.27% 19.61% 19.11% 15.90% 19.43% 20.12% 41.62% 33.52% 33.26%
Return on Invested Capital (ROIC)		 5.35% 7.30% 5.09% 4.74% 4.43% 6.03% 6.18% 4.37% 6.34% 6.67%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.35% 7.30% 5.09% 4.74% 4.43% 6.03% 6.18% 4.37% 6.34% 6.67%
Return on Net Nonoperating Assets (RNNOA)		 2.27% 2.43% 5.56% 5.89% 2.31% 3.60% 3.19% 2.32% 3.26% 3.09%
Return on Equity (ROE)		 7.62% 9.73% 10.64% 10.63% 6.75% 9.63% 9.37% 6.69% 9.59% 9.75%
Cash Return on Invested Capital (CROIC)		 3.62% -21.33% 85.33% -73.13% 11.57% -13.44% -0.19% -78.19% -26.67% -27.42%
Operating Return on Assets (OROA)		 1.16% 1.59% 1.73% 1.78% 1.18% 1.88% 1.91% 1.78% 1.92% 1.94%
Return on Assets (ROA)		 0.94% 1.25% 1.39% 1.44% 1.00% 1.52% 1.52% 1.04% 1.28% 1.30%
Return on Common Equity (ROCE)		 7.36% 9.36% 10.42% 10.40% 6.59% 9.63% 9.37% 6.69% 9.59% 9.75%
Return on Equity Simple (ROE_SIMPLE)		 7.39% 9.31% 10.16% 9.93% 6.37% 9.20% 9.06% 4.69% 8.50% 8.26%
Net Operating Profit after Tax (NOPAT)		 475 562 561 527 312 401 359 174 127 96
NOPAT Margin		 27.35% 33.16% 36.28% 39.70% 27.41% 38.92% 38.35% 25.28% 28.53% 29.55%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 46.85% 40.98% 41.47% 40.97% 38.05% 39.92% 38.16% 39.53% 40.90% 42.71%
Operating Expenses to Revenue		 59.59% 52.36% 50.47% 49.70% 49.53% 49.05% 48.32% 53.26% 52.98% 52.88%
Earnings before Interest and Taxes (EBIT)		 581 714 697 652 371 498 450 298 191 143
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 731 851 826 764 455 526 407 287 200 159
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.42 1.14 1.03 1.40 1.00 1.07 0.85 1.29 1.97 1.65
Price to Tangible Book Value (P/TBV)		 2.03 1.68 1.60 2.23 1.66 1.87 1.59 2.59 3.16 2.68
Price to Revenue (P/Rev)		 5.08 3.90 3.54 5.30 4.12 4.51 3.59 6.95 6.60 5.90
Price to Earnings (P/E)		 19.18 12.10 10.03 13.75 15.39 11.57 9.36 27.47 23.13 19.97
Dividend Yield		 0.77% 1.02% 1.23% 0.78% 1.03% 1.06% 1.34% 0.91% 0.88% 1.03%
Earnings Yield		 5.21% 8.26% 9.97% 7.27% 6.50% 8.64% 10.69% 3.64% 4.32% 5.01%
Enterprise Value to Invested Capital (EV/IC)		 0.91 0.84 0.85 0.26 0.42 0.97 0.78 1.05 1.54 1.26
Enterprise Value to Revenue (EV/Rev)		 4.68 4.35 3.62 3.06 2.49 6.85 4.99 8.60 8.08 6.52
Enterprise Value to EBITDA (EV/EBITDA)		 11.13 8.66 6.77 5.32 6.23 13.40 11.48 20.61 17.99 13.29
Enterprise Value to EBIT (EV/EBIT)		 13.99 10.33 8.02 6.23 7.63 14.17 10.39 19.87 18.82 14.73
Enterprise Value to NOPAT (EV/NOPAT)		 17.12 13.12 9.97 7.71 9.07 17.59 13.01 34.03 28.31 22.07
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.99 15.42 9.25 6.18 6.64 16.34 9.93 35.70 23.65 24.91
Enterprise Value to Free Cash Flow (EV/FCFF)		 25.30 0.00 0.59 0.00 3.48 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.39 0.46 0.20 0.21 0.38 0.67 0.51 0.52 0.56 0.45
Long-Term Debt to Equity		 0.36 0.42 0.16 0.18 0.36 0.65 0.49 0.48 0.51 0.38
Financial Leverage		 0.43 0.33 1.09 1.24 0.52 0.60 0.52 0.53 0.51 0.46
Leverage Ratio		 8.06 7.78 7.63 7.40 6.77 6.35 6.16 6.42 7.51 7.52
Compound Leverage Factor		 8.06 7.78 7.63 7.40 6.77 6.35 6.16 6.42 7.51 7.52
Debt to Total Capital		 28.23% 31.48% 16.41% 17.19% 27.78% 40.28% 33.89% 34.12% 36.02% 31.07%
Short-Term Debt to Total Capital		 2.57% 2.38% 2.95% 2.52% 1.89% 1.73% 1.75% 2.40% 3.66% 4.72%
Long-Term Debt to Total Capital		 25.66% 29.10% 13.46% 14.67% 25.89% 38.55% 32.15% 31.72% 32.36% 26.36%
Preferred Equity to Total Capital		 2.42% 2.47% 3.29% 0.00% 3.20% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 69.35% 66.06% 80.30% 82.81% 69.02% 59.72% 66.11% 65.88% 63.98% 68.93%
Debt to EBITDA		 3.46 3.26 1.31 1.36 4.15 5.58 4.99 6.69 4.21 3.29
Net Debt to EBITDA		 -1.24 0.64 -0.11 -3.90 -4.56 4.58 3.22 3.97 3.29 1.26
Long-Term Debt to EBITDA		 3.15 3.01 1.08 1.16 3.87 5.34 4.74 6.22 3.78 2.79
Debt to NOPAT		 5.33 4.93 1.93 1.97 6.04 7.33 5.66 11.04 6.62 5.45
Net Debt to NOPAT		 -1.91 0.96 -0.17 -5.65 -6.64 6.01 3.65 6.56 5.18 2.09
Long-Term Debt to NOPAT		 4.84 4.56 1.58 1.69 5.63 7.01 5.37 10.26 5.95 4.63
Noncontrolling Interest Sharing Ratio		 3.48% 3.76% 2.06% 2.19% 2.34% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 321 -1,643 9,409 -8,133 815 -893 -11 -3,115 -536 -393
Operating Cash Flow to CapEx		 956.78% 611.33% 952.31% 2,836.50% 1,100.99% 1,023.65% 1,983.05% 310.03% 892.93% 778.26%
Free Cash Flow to Firm to Interest Expense		 0.24 -1.51 38.46 -82.30 4.09 -2.96 -0.05 -33.56 -13.87 -21.19
Operating Cash Flow to Interest Expense		 0.68 0.44 2.47 6.65 2.14 1.43 2.24 1.79 3.94 4.56
Operating Cash Flow Less CapEx to Interest Expense		 0.61 0.37 2.21 6.42 1.95 1.29 2.12 1.21 3.50 3.98
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 6.11 5.80 5.02 4.59 4.04 3.82 3.53 3.88 5.35 4.32
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 8,962 8,808 6,603 15,451 6,791 7,294 5,999 5,629 2,339 1,677
Invested Capital Turnover		 0.20 0.22 0.14 0.12 0.16 0.16 0.16 0.17 0.22 0.23
Increase / (Decrease) in Invested Capital		 154 2,206 -8,849 8,660 -502 1,294 371 3,289 663 488
Enterprise Value (EV)		 8,131 7,378 5,593 4,064 2,834 7,051 4,675 5,921 3,602 2,108
Market Capitalization		 8,819 6,618 5,470 7,042 4,691 4,640 3,363 4,780 2,943 1,908
Book Value per Share		 $80.46 $75.79 $69.35 $65.90 $61.80 $56.89 $50.92 $47.71 $32.41 $28.29
Tangible Book Value per Share		 $56.24 $51.37 $44.74 $41.55 $37.25 $32.45 $27.12 $23.72 $20.14 $17.45
Total Capital		 8,962 8,808 6,603 6,059 6,791 7,294 5,999 5,629 2,339 1,677
Total Debt		 2,530 2,773 1,083 1,041 1,887 2,938 2,033 1,921 843 521
Total Long-Term Debt		 2,300 2,563 888 889 1,759 2,812 1,929 1,785 757 442
Net Debt		 -906 542 -94 -2,978 -2,075 2,411 1,312 1,141 659 200
Capital Expenditures (CapEx)		 95 78 64 23 39 42 24 53 17 11
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.00
Net Nonoperating Obligations (NNO)		 2,530 2,773 1,083 10,434 1,887 2,938 2,033 1,921 843 521
Total Depreciation and Amortization (D&A)		 150 137 128 112 83 29 -43 -11 8.82 16
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $6.01 $7.20 $7.20 $6.79 $4.04 $5.25 $4.66 $2.73 $2.96 $2.58
Adjusted Weighted Average Basic Shares Outstanding		 76.46M 76.02M 75.74M 75.47M 75.38M 76.36M 77.11M 63.76M 43.04M 37.02M
Adjusted Diluted Earnings per Share		 $5.96 $7.14 $7.17 $6.75 $4.03 $5.22 $4.64 $2.70 $2.91 $2.52
Adjusted Weighted Average Diluted Shares Outstanding		 77.13M 76.65M 76.13M 75.93M 75.65M 76.76M 77.45M 64.33M 43.73M 37.97M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 77.37M 76.94M 76.64M 76.29M 75.99M 77.53M 77.53M 77.89M 49.76M 41.04M
Normalized Net Operating Profit after Tax (NOPAT)		 475 562 561 527 320 404 367 193 135 99
Normalized NOPAT Margin		 27.36% 33.17% 36.30% 39.66% 28.04% 39.25% 39.12% 28.07% 30.34% 30.48%
Pre Tax Income Margin		 33.47% 42.12% 45.13% 49.08% 32.59% 48.31% 48.01% 43.30% 42.91% 44.28%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.44 0.65 2.85 6.60 1.86 1.65 2.14 3.21 4.96 7.72
NOPAT to Interest Expense		 0.36 0.52 2.29 5.34 1.57 1.33 1.71 1.87 3.29 5.15
EBIT Less CapEx to Interest Expense		 0.37 0.58 2.59 6.36 1.67 1.51 2.03 2.63 4.51 7.13
NOPAT Less CapEx to Interest Expense		 0.29 0.44 2.03 5.10 1.37 1.19 1.60 1.30 2.85 4.57
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 17.73% 14.93% 14.87% 13.41% 18.25% 12.43% 12.65% 20.64% 19.43% 19.17%
Augmented Payout Ratio		 18.96% 14.36% 14.03% 12.81% 34.51% 27.75% 18.40% 20.64% 19.43% 19.17%

Quarterly Metrics And Ratios for Pinnacle Financial Partners

This table displays calculated financial ratios and metrics derived from Pinnacle Financial Partners' official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 19.93% 14.39% -25.08% 6.57% -1.35% -0.62% 25.42% 17.14% 18.35% 20.18%
EBITDA Growth		 36.64% 7.78% -63.24% -8.90% -21.82% -6.28% 30.68% 10.00% 5.02% 8.77%
EBIT Growth		 42.63% 7.84% -73.57% -11.67% -26.34% -8.63% 35.76% 8.68% 5.13% 8.52%
NOPAT Growth		 59.26% 10.62% -73.06% -9.71% -31.10% -10.80% 35.95% 6.32% 3.23% 8.85%
Net Income Growth		 59.26% 10.62% -73.06% -9.71% -31.10% -10.80% 35.95% 6.32% 3.23% 8.85%
EPS Growth		 64.35% 10.06% -74.80% -10.80% -34.29% -11.52% 36.56% 6.67% 2.94% 9.14%
Operating Cash Flow Growth		 366.62% -0.46% 177.51% -45.18% 2.31% -59.35% -174.67% 590.53% -52.13% 98.02%
Free Cash Flow Firm Growth		 99.88% 100.95% 79.66% 108.61% -123.49% -2,245.03% -396.81% -20,585.47% 205.39% -68.81%
Invested Capital Growth		 1.74% 1.54% 3.46% -0.04% 33.40% 25.17% 19.45% 23.66% -57.27% 1.10%
Revenue Q/Q Growth		 1.84% 27.33% -14.38% 8.02% -2.87% -16.60% 21.77% -0.01% -2.15% 5.26%
EBITDA Q/Q Growth		 1.95% 110.94% -45.26% 16.08% -19.59% -28.06% 35.66% -0.38% -3.61% 0.31%
EBIT Q/Q Growth		 1.46% 178.68% -57.03% 17.40% -23.29% -31.69% 43.58% -2.09% -4.85% 1.50%
NOPAT Q/Q Growth		 3.11% 175.93% -57.11% 30.50% -28.37% -32.79% 43.73% -0.42% -7.27% 2.43%
Net Income Q/Q Growth		 3.11% 175.93% -57.11% 30.50% -28.37% -32.79% 43.73% -0.42% -7.27% 2.43%
EPS Q/Q Growth		 1.61% 190.63% -59.24% 36.52% -31.95% -33.46% 44.32% 0.57% -8.38% 2.69%
Operating Cash Flow Q/Q Growth		 311.86% 41.65% -56.56% 84.13% -12.14% 210.31% -130.72% 243.66% -65.10% 102.63%
Free Cash Flow Firm Q/Q Growth		 -116.21% 106.12% -293.55% 106.01% -32.69% -31.66% 18.08% -116.41% 12,018.70% 130.49%
Invested Capital Q/Q Growth		 3.01% -2.59% 6.06% -4.39% 2.79% -0.74% 2.47% 27.59% -3.55% -5.28%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 46.65% 46.61% 28.13% 44.00% 40.95% 49.46% 57.35% 51.47% 51.67% 52.45%
EBIT Margin		 38.66% 38.81% 17.73% 35.33% 32.51% 41.17% 50.26% 42.63% 43.54% 44.78%
Profit (Net Income) Margin		 31.82% 31.43% 14.50% 28.95% 23.96% 32.50% 40.33% 34.17% 34.31% 36.21%
Tax Burden Percent		 82.30% 80.98% 81.79% 81.93% 73.71% 78.94% 80.23% 80.15% 78.80% 80.86%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 17.70% 19.02% 18.21% 18.07% 26.29% 21.06% 19.77% 19.85% 21.20% 19.14%
Return on Invested Capital (ROIC)		 6.22% 6.03% 2.64% 5.92% 5.27% 7.17% 8.66% 7.19% 4.81% 7.89%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.22% 6.03% 2.64% 5.92% 5.27% 7.17% 8.66% 7.19% 4.81% 7.89%
Return on Net Nonoperating Assets (RNNOA)		 2.65% 2.52% 1.22% 2.54% 1.76% 2.72% 3.65% 2.80% 5.26% 2.31%
Return on Equity (ROE)		 8.87% 8.55% 3.86% 8.46% 7.03% 9.89% 12.31% 10.00% 10.06% 10.20%
Cash Return on Invested Capital (CROIC)		 3.62% 3.33% 1.20% 6.55% -21.33% -14.51% -9.89% -13.69% 85.33% 7.08%
Operating Return on Assets (OROA)		 1.34% 1.31% 0.59% 1.29% 1.23% 1.58% 1.97% 1.62% 1.67% 1.71%
Return on Assets (ROA)		 1.10% 1.06% 0.48% 1.06% 0.90% 1.25% 1.58% 1.30% 1.32% 1.39%
Return on Common Equity (ROCE)		 8.56% 8.25% 3.72% 8.15% 6.77% 9.50% 11.83% 9.60% 9.86% 9.78%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 6.60% 6.55% 8.99% 0.00% 10.36% 10.63% 10.01% 0.00% 10.42%
Net Operating Profit after Tax (NOPAT)		 151 147 53 124 95 133 197 137 138 149
NOPAT Margin		 31.82% 31.43% 14.50% 28.95% 23.96% 32.50% 40.33% 34.17% 34.31% 36.21%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 45.36% 44.65% 54.00% 44.79% 44.96% 42.33% 35.12% 42.81% 41.99% 39.64%
Operating Expenses to Revenue		 55.10% 55.56% 74.04% 56.61% 63.37% 52.26% 43.26% 52.70% 50.29% 48.53%
Earnings before Interest and Taxes (EBIT)		 184 181 65 151 129 168 246 171 175 184
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 222 218 103 188 162 202 281 207 208 215
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.42 1.23 1.04 1.11 1.14 0.90 0.76 0.76 1.03 1.18
Price to Tangible Book Value (P/TBV)		 2.03 1.77 1.51 1.63 1.68 1.36 1.14 1.16 1.60 1.87
Price to Revenue (P/Rev)		 5.08 4.55 3.86 3.81 3.90 2.99 2.52 2.59 3.54 4.08
Price to Earnings (P/E)		 19.18 18.71 15.83 12.29 12.10 8.61 7.07 7.49 10.03 11.18
Dividend Yield		 0.77% 0.90% 1.10% 1.03% 1.02% 1.33% 1.58% 1.63% 1.23% 1.06%
Earnings Yield		 5.21% 5.34% 6.32% 8.14% 8.26% 11.62% 14.14% 13.35% 9.97% 8.95%
Enterprise Value to Invested Capital (EV/IC)		 0.91 0.84 0.76 0.76 0.84 0.57 0.40 0.51 0.85 0.87
Enterprise Value to Revenue (EV/Rev)		 4.68 4.40 4.23 3.71 4.35 2.87 2.03 2.68 3.62 4.02
Enterprise Value to EBITDA (EV/EBITDA)		 11.13 10.86 10.31 7.67 8.66 5.44 3.80 5.09 6.77 7.31
Enterprise Value to EBIT (EV/EBIT)		 13.99 13.85 13.18 9.20 10.33 6.41 4.46 6.05 8.02 8.66
Enterprise Value to NOPAT (EV/NOPAT)		 17.12 17.41 16.71 11.64 13.12 8.06 5.57 7.56 9.97 10.72
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.99 14.25 13.21 20.23 15.42 10.24 5.29 4.71 9.25 8.30
Enterprise Value to Free Cash Flow (EV/FCFF)		 25.30 25.39 63.91 11.58 0.00 0.00 0.00 0.00 0.59 12.38
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.39 0.37 0.45 0.38 0.46 0.47 0.48 0.48 0.20 0.28
Long-Term Debt to Equity		 0.36 0.34 0.41 0.35 0.42 0.43 0.45 0.46 0.16 0.25
Financial Leverage		 0.43 0.42 0.46 0.43 0.33 0.38 0.42 0.39 1.09 0.29
Leverage Ratio		 8.06 8.06 8.01 7.98 7.78 7.92 7.80 7.71 7.63 7.36
Compound Leverage Factor		 8.06 8.06 8.01 7.98 7.78 7.92 7.80 7.71 7.63 7.36
Debt to Total Capital		 28.23% 27.08% 30.87% 27.52% 31.48% 31.87% 32.31% 32.53% 16.41% 21.96%
Short-Term Debt to Total Capital		 2.57% 2.41% 2.47% 2.39% 2.38% 2.29% 1.90% 1.78% 2.95% 2.78%
Long-Term Debt to Total Capital		 25.66% 24.67% 28.40% 25.13% 29.10% 29.59% 30.41% 30.75% 13.46% 19.18%
Preferred Equity to Total Capital		 2.42% 2.50% 2.43% 2.58% 2.47% 2.53% 2.52% 2.58% 3.29% 3.17%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 69.35% 70.42% 66.70% 69.90% 66.06% 65.59% 65.18% 64.89% 80.30% 74.86%
Debt to EBITDA		 3.46 3.51 4.21 2.78 3.26 3.05 3.06 3.25 1.31 1.84
Net Debt to EBITDA		 -1.24 -0.71 0.58 -0.47 0.64 -0.47 -1.15 -0.08 -0.11 -0.37
Long-Term Debt to EBITDA		 3.15 3.20 3.87 2.54 3.01 2.83 2.88 3.07 1.08 1.61
Debt to NOPAT		 5.33 5.63 6.81 4.22 4.93 4.51 4.49 4.82 1.93 2.70
Net Debt to NOPAT		 -1.91 -1.14 0.94 -0.71 0.96 -0.70 -1.68 -0.12 -0.17 -0.54
Long-Term Debt to NOPAT		 4.84 5.13 6.27 3.86 4.56 4.19 4.23 4.55 1.58 2.36
Noncontrolling Interest Sharing Ratio		 3.48% 3.56% 3.61% 3.68% 3.76% 3.88% 3.89% 3.96% 2.06% 4.12%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -2.44 15 -246 127 -2,111 -1,591 -1,208 -1,475 8,986 74
Operating Cash Flow to CapEx		 2,001.86% 600.83% 325.42% 1,147.86% 653.86% 805.79% 0.00% 1,025.42% 652.29% 1,248.09%
Free Cash Flow to Firm to Interest Expense		 -0.01 0.04 -0.73 0.38 -6.44 -5.13 -4.65 -7.61 68.22 1.12
Operating Cash Flow to Interest Expense		 1.56 0.35 0.25 0.59 0.33 0.39 -0.43 1.86 0.80 4.55
Operating Cash Flow Less CapEx to Interest Expense		 1.48 0.29 0.18 0.54 0.28 0.34 0.29 1.68 0.67 4.18
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 6.11 6.05 6.06 5.55 5.80 5.94 6.23 4.92 5.02 4.87
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 8,962 8,701 8,932 8,422 8,808 8,569 8,633 8,425 6,603 6,846
Invested Capital Turnover		 0.20 0.19 0.18 0.20 0.22 0.22 0.21 0.21 0.14 0.22
Increase / (Decrease) in Invested Capital		 154 132 299 -3.00 2,206 1,723 1,405 1,612 -8,849 75
Enterprise Value (EV)		 8,131 7,291 6,762 6,388 7,378 4,874 3,459 4,300 5,593 5,966
Market Capitalization		 8,819 7,551 6,166 6,559 6,618 5,078 4,286 4,149 5,470 6,048
Book Value per Share		 $80.46 $79.33 $77.15 $77.17 $75.79 $73.22 $73.32 $71.33 $69.35 $67.07
Tangible Book Value per Share		 $56.24 $55.12 $52.92 $52.62 $51.37 $48.78 $48.85 $46.81 $44.74 $42.44
Total Capital		 8,962 8,701 8,932 8,422 8,808 8,569 8,633 8,425 6,603 6,846
Total Debt		 2,530 2,356 2,757 2,318 2,773 2,731 2,789 2,741 1,083 1,504
Total Long-Term Debt		 2,300 2,146 2,536 2,116 2,563 2,535 2,625 2,591 888 1,313
Net Debt		 -906 -477 379 -389 542 -421 -1,044 -66 -94 -300
Capital Expenditures (CapEx)		 25 20 26 17 16 15 -187 35 16 24
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 2,530 2,356 2,757 2,318 2,773 2,731 2,789 2,741 1,083 1,504
Total Depreciation and Amortization (D&A)		 38 36 38 37 33 34 35 36 33 32
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.91 $1.87 $0.65 $1.58 $1.20 $1.69 $2.55 $1.76 $1.76 $1.91
Adjusted Weighted Average Basic Shares Outstanding		 76.46M 76.52M 76.51M 76.28M 76.02M 76.04M 76.03M 75.92M 75.74M 75.76M
Adjusted Diluted Earnings per Share		 $1.89 $1.86 $0.64 $1.57 $1.15 $1.69 $2.54 $1.76 $1.75 $1.91
Adjusted Weighted Average Diluted Shares Outstanding		 77.13M 76.77M 76.64M 76.43M 76.65M 76.20M 76.09M 76.04M 76.13M 75.98M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 77.37M 77.25M 154.47M 154.44M 76.94M 153.55M 153.52M 153.49M 76.64M 152.91M
Normalized Net Operating Profit after Tax (NOPAT)		 151 147 53 124 95 133 197 137 138 149
Normalized NOPAT Margin		 31.83% 31.44% 14.51% 28.97% 23.99% 32.50% 40.34% 34.19% 34.34% 36.19%
Pre Tax Income Margin		 38.66% 38.81% 17.73% 35.33% 32.51% 41.17% 50.26% 42.63% 43.54% 44.78%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.57 0.53 0.19 0.46 0.39 0.54 0.95 0.88 1.33 2.79
NOPAT to Interest Expense		 0.47 0.43 0.16 0.37 0.29 0.43 0.76 0.71 1.05 2.25
EBIT Less CapEx to Interest Expense		 0.50 0.47 0.12 0.40 0.34 0.49 1.67 0.70 1.21 2.42
NOPAT Less CapEx to Interest Expense		 0.39 0.37 0.08 0.32 0.24 0.38 1.48 0.53 0.92 1.89
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 17.73% 20.09% 20.78% 15.31% 14.93% 13.85% 13.48% 14.69% 14.87% 14.41%
Augmented Payout Ratio		 18.96% 23.64% 22.10% 16.26% 14.36% 12.81% 12.45% 13.60% 14.03% 14.10%

Frequently Asked Questions About Pinnacle Financial Partners' Financials

When does Pinnacle Financial Partners's fiscal year end?

According to the most recent income statement we have on file, Pinnacle Financial Partners' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Pinnacle Financial Partners' net income changed over the last 9 years?

Pinnacle Financial Partners' net income appears to be on an upward trend, with a most recent value of $475.06 million in 2024, rising from $95.51 million in 2015. The previous period was $562.15 million in 2023.

How has Pinnacle Financial Partners revenue changed over the last 9 years?

Over the last 9 years, Pinnacle Financial Partners' total revenue changed from $323.16 million in 2015 to $1.74 billion in 2024, a change of 437.4%.

How much debt does Pinnacle Financial Partners have?

Pinnacle Financial Partners' total liabilities were at $46.16 billion at the end of 2024, a 10.1% increase from 2023, and a 510.6% increase since 2015.

How much cash does Pinnacle Financial Partners have?

In the past 9 years, Pinnacle Financial Partners' cash and equivalents has ranged from $75.08 million in 2015 to $427.08 million in 2020, and is currently $320.32 million as of their latest financial filing in 2024.

How has Pinnacle Financial Partners' book value per share changed over the last 9 years?

Over the last 9 years, Pinnacle Financial Partners' book value per share changed from 28.29 in 2015 to 80.46 in 2024, a change of 184.4%.


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This page (NASDAQ:PNFPP) was last updated on 5/24/2025 by MarketBeat.com Staff
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