Pinnacle Financial Partners (PNFP) Financials

$96.58 +0.05 (+0.05%)

As of 02:57 PM Eastern

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	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	547	460	627
Consolidated Net Income / (Loss)	1,124	1,006	1,307
Net Income / (Loss) Continuing Operations	1,124	1,006	1,307
Total Pre-Tax Income	1,276	1,112	1,445
Total Operating Income	14	-254	-82
Total Gross Profit	335	121	292
Total Revenue	867	742	1,013
Operating Revenue	867	742	1,013
Total Cost of Revenue	532	621	721
Operating Cost of Revenue	532	621	721
Total Operating Expenses	321	375	373
Amortization Expense	7.09	6.25	5.61
Other Operating Expenses / (Income)	313	369	368
Total Other Income / (Expense), net	1,262	1,366	1,527
Interest Expense	-1,262	-1,366	-1,548
Other Income / (Expense), net	0.00	0.00	-22
Income Tax Expense	152	106	138
Preferred Stock Dividends Declared	15	15	15
Basic Earnings per Share	$7.20	$6.01	$8.15
Weighted Average Basic Shares Outstanding	76.02M	76.46M	76.86M
Diluted Earnings per Share	$7.14	$5.96	$8.07
Weighted Average Diluted Shares Outstanding	76.65M	77.13M	77.69M
Weighted Average Basic & Diluted Shares Outstanding	-	-	77.66M

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	Q1 2025	Q1 2026
Period end date	3/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	136	135
Consolidated Net Income / (Loss)	140	150
Net Income / (Loss) Continuing Operations	140	150
Total Pre-Tax Income	170	189
Total Operating Income	137	133
Total Gross Profit	240	689
Total Revenue	458	1,220
Operating Revenue	458	1,220
Total Cost of Revenue	218	531
Operating Cost of Revenue	201	455
Other Cost of Revenue	17	76
Total Operating Expenses	103	556
Amortization Expense	1.00	48
Other Operating Expenses / (Income)	102	233
Restructuring Charge	0.00	275
Total Other Income / (Expense), net	33	56
Interest & Investment Income	33	56
Income Tax Expense	30	39
Preferred Stock Dividends Declared	4.00	15
Basic Earnings per Share	$1.78	$0.89
Weighted Average Basic Shares Outstanding	76.73M	151.00M
Diluted Earnings per Share	$1.77	$0.89
Weighted Average Diluted Shares Outstanding	76.97M	151.47M
Weighted Average Basic & Diluted Shares Outstanding	-	151.11M
Cash Dividends to Common per Share	$0.24	$0.50

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	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	1,053	1,206	129
Net Cash From Operating Activities	478	904	759
Net Cash From Continuing Operating Activities	478	904	759
Net Income / (Loss) Continuing Operations	562	475	642
Consolidated Net Income / (Loss)	562	475	642
Depreciation Expense	79	99	114
Amortization Expense	59	51	42
Non-Cash Adjustments To Reconcile Net Income	-39	138	295
Changes in Operating Assets and Liabilities, net	-183	142	-334
Net Cash From Investing Activities	-4,602	-3,672	-5,034
Net Cash From Continuing Investing Activities	-4,602	-3,672	-5,034
Purchase of Property, Plant & Equipment	-78	-95	-80
Acquisitions	0.00	-2.50	-14
Purchase of Investments	-1,115	-2,664	-2,352
Sale of Property, Plant & Equipment	199	5.95	8.36
Sale and/or Maturity of Investments	495	1,407	1,555
Other Investing Activities, net	-4,104	-2,324	-4,152
Net Cash From Financing Activities	5,177	3,974	4,404
Net Cash From Continuing Financing Activities	5,183	3,985	4,404
Repayment of Debt	-0.31	-0.38	-0.34
Repurchase of Preferred Equity	15	21	86
Repurchase of Common Equity	-3.73	-14	-21
Payment of Dividends	-84	-84	-90
Issuance of Debt	3,425	455	0.00
Issuance of Common Equity	3.22	5.84	-7.68
Other Financing Activities, net	1,829	3,603	4,437

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	Q1 2025	Q1 2026
Period end date	3/31/2025	3/31/2026
Net Change in Cash & Equivalents	443	2,353
Net Cash From Operating Activities	-22	926
Net Cash From Continuing Operating Activities	-22	926
Net Income / (Loss) Continuing Operations	140	150
Consolidated Net Income / (Loss)	140	150
Depreciation Expense	38	303
Non-Cash Adjustments To Reconcile Net Income	85	84
Changes in Operating Assets and Liabilities, net	-285	389
Net Cash From Investing Activities	-1,163	-794
Net Cash From Continuing Investing Activities	-1,163	-794
Purchase of Property, Plant & Equipment	-20	-15
Acquisitions	0.00	2,537
Purchase of Investments	-583	-6,229
Sale and/or Maturity of Investments	278	5,604
Other Investing Activities, net	-838	-2,691
Net Cash From Financing Activities	1,628	2,221
Net Cash From Continuing Financing Activities	1,628	2,221
Repayment of Debt	34	-3,107
Payment of Dividends	-23	-90
Issuance of Debt	0.00	4,100
Other Financing Activities, net	1,617	1,318
Cash Interest Paid	308	483
Cash Income Taxes Paid	2.00	-42

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	2025
Period end date	12/31/2024	12/31/2025
Total Assets	52,589	57,706
Total Current Assets	9,018	14
Cash & Equivalents	3,342	359
Note & Lease Receivable	-	-442
Other Current Nonoperating Assets	-	97
Plant, Property, & Equipment, net	311	0.00
Total Noncurrent Assets	3,853	57,692
Long-Term Investments	437	9,158
Goodwill	1,849	1,849
Other Noncurrent Operating Assets	-33,526	46,685
Total Liabilities & Shareholders' Equity	52,589	57,706
Total Liabilities	46,158	50,662
Total Current Liabilities	0.00	47,401
Customer Deposits	-	47,401
Total Noncurrent Liabilities	46,158	3,261
Long-Term Debt	2,300	2,205
Other Noncurrent Operating Liabilities	43,858	1,056
Total Equity & Noncontrolling Interests	6,432	7,044
Total Preferred & Common Equity	6,432	7,044
Preferred Stock	217	217
Total Common Equity	6,215	6,827
Common Stock	3,207	3,222
Retained Earnings	3,176	3,728
Accumulated Other Comprehensive Income / (Loss)	-168	-123

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	Q1 2026
Period end date	3/31/2026
Total Assets	122,766
Total Current Assets	-82
Cash & Equivalents	609
Note & Lease Receivable	-942
Other Current Nonoperating Assets	251
Plant, Property, & Equipment, net	0.00
Total Noncurrent Assets	122,848
Long-Term Investments	19,478
Goodwill	3,478
Other Noncurrent Operating Assets	99,892
Total Liabilities & Shareholders' Equity	122,766
Total Liabilities	108,172
Total Current Liabilities	100,103
Customer Deposits	100,103
Total Noncurrent Liabilities	8,069
Long-Term Debt	5,741
Other Noncurrent Operating Liabilities	2,328
Total Equity & Noncontrolling Interests	14,594
Total Preferred & Common Equity	14,594
Preferred Stock	781
Total Common Equity	13,813
Common Stock	10,253
Retained Earnings	3,785
Accumulated Other Comprehensive Income / (Loss)	-225

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

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	77,661,626.00
DEI Adjusted Shares Outstanding	0.00	0.00	77,661,626.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	8.07
Growth Metrics	-	-	-
Profitability Metrics	-	-	-
Net Operating Profit after Tax (NOPAT)	12	-229	-74
Return On Investment Capital (ROIC_SIMPLE)	-	-2.63%	-0.80%
Earnings before Interest and Taxes (EBIT)	14	-254	-103
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	152	-104	53
Valuation Ratios	-	-	-
Leverage & Solvency	-	-	-
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	39,901	4,902
Efficiency Ratios	-	-	-
Capital & Investment Metrics	-	-	-
Invested Capital	0.00	-40,130	-45,106
Increase / (Decrease) in Invested Capital	0.00	-40,130	-4,976
Book Value per Share	$0.00	$81.28	$88.81
Tangible Book Value per Share	$0.00	$56.81	$64.37
Total Capital	0.00	8,732	9,249
Total Debt	0.00	2,300	2,205
Total Long-Term Debt	0.00	2,300	2,205
Net Debt	0.00	-7,155	-8,319
Capital Expenditures (CapEx)	-121	89	72
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	0.00
Debt-free Net Working Capital (DFNWC)	0.00	9,018	10,132
Net Working Capital (NWC)	0.00	9,018	10,132
Net Nonoperating Expense (NNE)	-1,112	-1,235	-1,381
Net Nonoperating Obligations (NNO)	0.00	-46,562	-52,150
Total Depreciation and Amortization (D&A)	137	150	156
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$8.15
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	76.86M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$8.07
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	77.69M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	77.66M
Normalized Net Operating Profit after Tax (NOPAT)	12	-229	-74
Debt Service Ratios	-	-	-
Payout Ratios	-	-	-

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

Metric	Q1 2025	Q1 2026
Period end date	3/31/2025	3/31/2026
DEI Shares Outstanding	0.00	77,661,626.00
DEI Adjusted Shares Outstanding	0.00	77,661,626.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	1.74
Growth Metrics	-	-
Revenue Growth	0.00%	166.38%
EBITDA Growth	0.00%	149.14%
EBIT Growth	0.00%	-2.92%
NOPAT Growth	0.00%	-6.44%
Net Income Growth	0.00%	7.14%
EPS Growth	0.00%	-49.72%
Operating Cash Flow Growth	0.00%	4,309.09%
Free Cash Flow Firm Growth	0.00%	0.00%
Invested Capital Growth	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%
Profitability Metrics	-	-
Gross Margin	52.40%	56.48%
EBITDA Margin	38.21%	35.74%
Operating Margin	29.91%	10.90%
EBIT Margin	29.91%	10.90%
Profit (Net Income) Margin	30.57%	12.30%
Tax Burden Percent	82.35%	79.37%
Interest Burden Percent	124.09%	142.11%
Effective Tax Rate	17.65%	20.63%
Return on Invested Capital (ROIC)	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%
Return on Equity (ROE)	0.00%	9.02%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	0.16%
Return on Assets (ROA)	0.00%	0.18%
Return on Common Equity (ROCE)	0.00%	8.54%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	113	106
NOPAT Margin	24.63%	8.65%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.61%
Return On Investment Capital (ROIC_SIMPLE)	-	0.52%
Cost of Revenue to Revenue	47.60%	43.52%
SG&A Expenses to Revenue	0.00%	0.00%
R&D to Revenue	0.00%	0.00%
Operating Expenses to Revenue	22.49%	45.57%
Earnings before Interest and Taxes (EBIT)	137	133
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	175	436
Valuation Ratios	-	-
Price to Book Value (P/BV)	0.00	0.94
Price to Tangible Book Value (P/TBV)	0.00	1.26
Price to Revenue (P/Rev)	0.00	7.31
Price to Earnings (P/E)	0.00	20.75
Dividend Yield	0.00%	0.58%
Earnings Yield	0.00%	4.82%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00
Leverage & Solvency	-	-
Debt to Equity	0.00	0.39
Long-Term Debt to Equity	0.00	0.39
Financial Leverage	0.00	-1.00
Leverage Ratio	0.00	8.41
Compound Leverage Factor	0.00	11.95
Debt to Total Capital	0.00%	28.23%
Short-Term Debt to Total Capital	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	28.23%
Preferred Equity to Total Capital	0.00%	3.84%
Noncontrolling Interests to Total Capital	0.00%	0.00%
Common Equity to Total Capital	0.00%	67.93%
Debt to EBITDA	0.00	19.54
Net Debt to EBITDA	0.00	-48.83
Long-Term Debt to EBITDA	0.00	19.54
Debt to NOPAT	0.00	-74.54
Net Debt to NOPAT	0.00	186.28
Long-Term Debt to NOPAT	0.00	-74.54
Altman Z-Score	0.00	-0.85
Noncontrolling Interest Sharing Ratio	0.00%	5.35%
Liquidity Ratios	-	-
Current Ratio	0.00	0.00
Quick Ratio	0.00	0.00
Cash Flow Metrics	-	-
Free Cash Flow to Firm (FCFF)	0.00	109
Operating Cash Flow to CapEx	-110.00%	6,173.33%
Free Cash Flow to Firm to Interest Expense	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00
Efficiency Ratios	-	-
Asset Turnover	0.00	0.01
Accounts Receivable Turnover	0.00	0.00
Inventory Turnover	0.00	0.00
Fixed Asset Turnover	0.00	0.00
Accounts Payable Turnover	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00
Capital & Investment Metrics	-	-
Invested Capital	0.00	-3.00
Invested Capital Turnover	0.00	-1,183.45
Increase / (Decrease) in Invested Capital	0.00	-3.00
Enterprise Value (EV)	0.00	-583
Market Capitalization	0.00	12,982
Book Value per Share	$0.00	$177.86
Tangible Book Value per Share	$0.00	$133.08
Total Capital	0.00	20,335
Total Debt	0.00	5,741
Total Long-Term Debt	0.00	5,741
Net Debt	0.00	-14,346
Capital Expenditures (CapEx)	20	15
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-100,794
Debt-free Net Working Capital (DFNWC)	0.00	-100,185
Net Working Capital (NWC)	0.00	-100,185
Net Nonoperating Expense (NNE)	-27	-44
Net Nonoperating Obligations (NNO)	0.00	-14,597
Total Depreciation and Amortization (D&A)	38	303
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-5,677.96%
Debt-free Net Working Capital to Revenue	0.00%	-5,643.65%
Net Working Capital to Revenue	0.00%	-5,643.65%
Earnings Adjustments	-	-
Adjusted Basic Earnings per Share	$0.00	$0.89
Adjusted Weighted Average Basic Shares Outstanding	0.00	151.00M
Adjusted Diluted Earnings per Share	$0.00	$0.89
Adjusted Weighted Average Diluted Shares Outstanding	0.00	151.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	151.11M
Normalized Net Operating Profit after Tax (NOPAT)	113	324
Normalized NOPAT Margin	24.63%	26.54%
Pre Tax Income Margin	37.12%	15.49%
Debt Service Ratios	-	-
EBIT to Interest Expense	0.00	0.00
NOPAT to Interest Expense	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00
Payout Ratios	-	-
Dividend Payout Ratio	0.00%	11.91%
Augmented Payout Ratio	0.00%	11.91%

Financials Breakdown Chart

Pinnacle Financial Partners Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Pinnacle Financial Partners' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Pinnacle Financial Partners' net income appears to be on an upward trend, with a most recent value of $1.31 billion in 2025, rising from $1.12 billion in 2023. The previous period was $1.01 billion in 2024. See Pinnacle Financial Partners' forecast for analyst expectations on what's next for the company.

Pinnacle Financial Partners' total operating income in 2025 was -$81.61 million, based on the following breakdown:

Total Gross Profit: $291.75 million
Total Operating Expenses: $373.36 million

Over the last 2 years, Pinnacle Financial Partners' total revenue changed from $866.51 million in 2023 to $1.01 billion in 2025, a change of 16.9%.

Pinnacle Financial Partners' total liabilities were at $50.66 billion at the end of 2025, a 9.8% increase from 2024, and a 9.8% increase since 2024.

In the past 1 years, Pinnacle Financial Partners' cash and equivalents has ranged from $359 million in 2025 to $3.34 billion in 2024, and is currently $359 million as of their latest financial filing in 2025.

Over the last 2 years, Pinnacle Financial Partners' book value per share changed from 0.00 in 2023 to 88.81 in 2025, a change of 8,881.5%.

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Financial statements for NYSE:PNFP last updated on 5/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Pinnacle Financial Partners (PNFP) Financials

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Pinnacle Financial Partners Financials - Frequently Asked Questions

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Pinnacle Financial Partners (PNFP) Financials

Annual Income Statements for Pinnacle Financial Partners

Quarterly Income Statements for Pinnacle Financial Partners

Annual Cash Flow Statements for Pinnacle Financial Partners

Quarterly Cash Flow Statements for Pinnacle Financial Partners

Annual Balance Sheets for Pinnacle Financial Partners

Quarterly Balance Sheets for Pinnacle Financial Partners

Annual Metrics And Ratios for Pinnacle Financial Partners

Quarterly Metrics And Ratios for Pinnacle Financial Partners

Financials Breakdown Chart

Pinnacle Financial Partners Financials - Frequently Asked Questions

When does Pinnacle Financial Partners' fiscal year end?

How has Pinnacle Financial Partners' net income changed over the last 2 years?

What is Pinnacle Financial Partners' operating income?

How has Pinnacle Financial Partners' revenue changed over the last 2 years?

How much debt does Pinnacle Financial Partners have?

How much cash does Pinnacle Financial Partners have?

How has Pinnacle Financial Partners' book value per share changed over the last 2 years?

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