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Pinnacle Financial Partners, Inc. (PNFP) stock

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NYSE: PNFP NYSE Regional Banks Next results ~January 20, 2027

Pinnacle Financial Partners, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$98

Valuation models combined (6)

Base case. Range ~$74–$120. Weighted average of 6 models (residual income, justified price-to-book, price-to-book vs return on equity (peers), price-to-book vs peers, forward price-to-earnings vs peers, dividend discount (two-stage)), the residual income counting double.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Pinnacle Financial Partners, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders5 buying, 1 selling5 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds381 adding, 287 cuttingOf 68 active managers that changed their stake, 31 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Pinnacle Financial Partners files

Where Pinnacle Financial Partners stands after its latest 10-Q

Revenue for the twelve months to September 2026 was $4.27bn. Our valuation models combined value is $98.10 a share, against a share price of $104.

Source: 10-Q filed November 2, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 20, 2027 (estimated)

Current signal Several insiders buying shares: 3 insiders bought shares in the open market in the past 90 days, according to their Form 4 filings.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 33.6% of revenue turned into free cash flow.
  • Net cash. Cash exceeds long-term debt by $7.2bn.

Things to watch

No figure in Pinnacle Financial Partners, Inc.'s latest results trips our warning thresholds.

Latest results: FY2026 Q3

Filed November 2, 2026
Earnings per share
$2.69 against an average estimate of $2.62: beat by 2.5%
Revenue
$1.31bn, up 141.2% on a year earlier
Share reaction
+5.4% in the first session after the results on October 21, 2026, against -0.7% for the S&P 500
Next report
October 21, 2026; average EPS estimate $2.72

Pinnacle Financial Partners' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.6%
  • 1 week+4.0%
  • 1 month+8.6%
  • This year+11.0%
  • 1 year+24.6%
  • 5 years+9.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4.3B
Net margin
24.0%
EPS (TTM, diluted)
$7.69

Earnings

Last results
October 21, 2026
Next results (est.)
January 20, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Leadership
  3. Insider trade
  4. Insider trade
  5. Insider trade
  6. Leadership
  7. Insider trade
  8. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Pinnacle Financial Partners, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Pinnacle Financial Partners, Inc. as a bank or lender, with every model that fits that kind of business. Cost of equity 9.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.94 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$95 ~$66–$140 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$96 ~$82–$110 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$120 ~$69–$170 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$74 ~$96–$140 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$110 ~$110–$140 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$96 ~$80–$120 Included
Combined value Weighted average of the models that apply: the primary model (residual income) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$98 ~$74–$120 6 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Pinnacle Financial Partners, Inc. with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $10.27 +23% $5.1bn +148%
Next $11.63 +13% $5.5bn +9%

Next year's EPS estimate has moved +1.6% in 90 days, across 22 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.8% on 90 days ago. In the last 30 days, 12 analysts raised Pinnacle Financial Partners, Inc.'s forecast and 3 cut it.

Consensus EPS forecast Pinnacle Financial Partners, Inc., last 90 days
$10.00 $10.50 $11.00 $11.50 $12.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $10.19 Current fiscal year, 60 days ago: $10.18 Current fiscal year, 30 days ago: $10.19 Current fiscal year, 7 days ago: $10.21 Current fiscal year, Now: $10.27 $10.27 Next fiscal year, 90 days ago: $11.45 Next fiscal year, 60 days ago: $11.45 Next fiscal year, 30 days ago: $11.46 Next fiscal year, 7 days ago: $11.49 Next fiscal year, Now: $11.63 $11.63

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $10.19$11.45
60 days ago $10.18$11.45
30 days ago $10.19$11.46
7 days ago $10.21$11.49
Now $10.27$11.63

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $2.62 $2.69 +2.5%
Jun 2026 $2.46 $2.50 +1.7%
Mar 2026 $2.33 $2.39 +2.4%
Dec 2025 $2.26 $2.24 −1.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 21, 2026

No numeric guidance in Pinnacle Financial Partners, Inc.'s latest earnings release (filed October 21, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

22 analysts, Oct 2026
Buy1882%
Hold418%
Sell00%

Monthly trend

  1. Oct 2026513422
  2. Sep 2026513422
  3. Aug 2026411520
  4. Jul 2026411520

Counts of recommendations published by analysts covering Pinnacle Financial Partners, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.6%
of tradable shares
Days to cover
5.54
at average volume
Short interest, 1 month
+24%
to October 15, 2026
Held by institutions
89%
of shares
Held by insiders
1.3%
of shares
Employees
8,649
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PNFP+50%−22%+21%+32%−16%+11%
Industry peers (median)+34%−4%−2%+16%+10%+24%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PNFP67%67%50%67%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PNFP−14%−38%−44%−18%−33%−20%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 57% from January 14, 2022 to May 4, 2023. Getting back needed a 135% gain, reached on November 6, 2024, 552 days after the low.

Price behaviour

52-week range
$81.30 – $108.52
From 52-week high
−3.9%
vs 50-day average
+7.0%
vs 200-day average
+8.4%
Volatility (1 year)
27%
Beta vs S&P 500
0.71

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 0 down
typical move ±2.6%
After a week
3 up, 1 down
typical move ±4.1%
After a month
3 up, 0 down
typical move ±3.5%
Results releasedNext dayS&P 500 next day5 days21 days
October 21, 2026 +5.4% −0.7% +4.4% —
July 22, 2026 +3.1% −1.3% +8.2% +5.9%
April 22, 2026 +1.7% +0.6% +0.3% +0.4%
January 21, 2026 +0.3% +1.7% −3.6% +4.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Pinnacle Financial Partners, Inc.
$2B $3B $4B $5B FY25 Q4 FY26 Q1 FY26 Q2 FY26 Q3 Revenue (TTM), FY25 Q4: $2.1B Revenue (TTM), FY26 Q1: $2.8B Revenue (TTM), FY26 Q2: $3.5B Revenue (TTM), FY26 Q3: $4.3B $4.3B

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY25 Q4 $2.1B
FY26 Q1 $2.8B
FY26 Q2 $3.5B
FY26 Q3 $4.3B
FCF margin (TTM) Pinnacle Financial Partners, Inc.
30% 40% 50% 60% FY25 Q4 FY26 Q1 FY26 Q2 FY26 Q3 FCF margin (TTM), FY25 Q4: 33.1% FCF margin (TTM), FY26 Q1: 58.1% FCF margin (TTM), FY26 Q2: 41.3% FCF margin (TTM), FY26 Q3: 33.6% 33.6%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY25 Q4 33.1%
FY26 Q1 58.1%
FY26 Q2 41.3%
FY26 Q3 33.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

What Pinnacle Financial Partners earned on its loans and securities in FY2025, what it paid depositors and lenders, and how its revenue split between running costs, credit losses, tax and profit.

  1. Interest income $2.8B
  2. Fee and other income $507M · 24.7%
  3. Interest paid $1.2B
  4. Net interest income $1.5B · 75.3%
  5. Revenue $2.1B
  6. Non-interest expense $1.2B · 56.8%
  7. Credit-loss provisions $107M · 5.2%
  8. Pre-tax profit $780M · 38.0%
  9. Income tax $138M · 6.7%
  10. Net income $642M · 31.2%

Shares of revenue. Source: Pinnacle Financial Partners's 10-K for FY2025, as filed with the SEC.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 1,695 1,737 2,055 4,275
Net income 562 475 642 1,026
Diluted EPS $7.14 $5.96 $8.07 $7.69
Growth (year on year)
Revenue — +2.4% +18.3% —
Net income — −15.5% +35.1% —
Diluted EPS — −16.5% +35.4% —
Margins
Net margin 33.2% 27.4% 31.2% 24.0%
Free-cash-flow margin 23.6% 46.6% 33.0% 33.6%
Cash flow
Cash from operations 478 904 759 1,508
Capital spending 78 95 80 71
Free cash flow 400 810 679 1,437
Stock-based pay 42 41 44 137
Free cash flow after stock pay 358 769 635 1,300
Balance sheet
Cash 2,230 3,436 3,565 7,221
Total debt 0 0 0 0
Net debt (negative = net cash) −2,230 −3,436 −3,565 −7,221
Diluted shares 77m 77m 78m 133m
Returned to shareholders
Dividends 69 69 75 244
Total returned 69 69 75 244

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Dividends (TTM)
$244M
Returned to shareholders
17%
of free cash flow
Dividend payout ratio
24%
of net income paid out

Competitors: side by side with peers

Closest by revenue in regional banks
Last 12 months unless stated PNFP WAL ZION FHN BPOP EWBC Median
Revenue, last 12 months $4.3bn $4.0bn $3.7bn $3.5bn $3.4bn $3.1bn $256m
Revenue growth, last 12 months — 17.9% 15.2% 10.3% 9.9% 13.7% 12.5%
Revenue growth, 3-year average — 15.0% 4.0% −1.1% 2.5% 6.0% 6.0%
Revenue growth, latest quarter 141.2% 8.1% 35.7% 6.9% 9.2% 12.5% 10.8%
Net margin 24.0% 24.9% 31.3% 29.9% 28.9% 46.6% 28.7%
Cash from operations / revenue 35.3% −4.1% 48.2% 30.0% 29.9% 63.7% 34.3%
Free-cash-flow margin 33.6% −6.9% 44.9% 28.8% 24.1% 63.7% 31.4%
Free-cash-flow margin, 3-year average — −55.7% 26.8% 35.1% 19.2% 57.8% 29.9%
Stock pay / revenue 3.2% 1.3% 1.0% 1.6% — 2.8% 1.2%
Change in share count — −1.2% −0.2% −6.4% −6.5% −0.4% 0.4%

Median of all 246 companies we cover in regional banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Who owns it

Funds buying and selling
Reported value
$13.4B
Institutions reporting
703
Shares held vs prior quarter
▲ 5.7%
Positions opened / closed
134 / 72

Top buyers and sellers, Q2 2026: 381 institutions bought and 287 sold ; the biggest buyer was FMR LLC (+3.3M shares) and the biggest seller Citadel Advisors LLC (−2.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.7B 16.9M 12.7% ▲ 2.8%
Wellington Management Group LLP $1.1B 11.1M 8.4% ▲ 22.1%
FMR LLC $1.1B 10.5M 7.9% ▲ 45.7%
Vanguard Portfolio Management LLC $697M 6.9M 5.2% ▼ 1.3%
Vanguard Capital Management LLC $663M 6.6M 4.9% ▼ 2.8%
State Street Corp $624M 6.2M 4.7% ▲ 5.0%
Invesco Ltd. $566M 5.6M 4.2% ▲ 56.6%
T. Rowe Price Investment Management, Inc. $543M 5.4M 4.0% ▲ 8.6%
Dimensional Fund Advisors LP $515M 5.1M 3.8% ▲ 1.3%
Norges Bank $347M 3.4M 2.6% —
Pinnacle Financial Partners, Inc. $345M 3.4M 2.6% ▼ 2.3%
AQR Capital Management LLC $344M 3.4M 2.6% ▼ 14.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Pinnacle Financial Partners, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $2.4M 5 trades by 5 insiders, last 12 months Insider sales History → $19.2M 4 trades by 1 insider · 100% under pre-set plans
Net ▼ $16.8M net selling
Insider Date Trade Shares Price Value
Ingram David B Director October 28, 2026 Buy 10,000 $99.16 $991,600
Montana Gregory G Director September 10, 2026 Buy 500 $98.61 $49,305
Blair Kevin S. Chief Executive Officer September 1, 2026 Buy 2,565 $97.48 $250,036
Turner M Terry Director August 17, 2026 Sell pre-set plan 54,107 $108.13 $5.9M
Turner M Terry Director August 14, 2026 Sell pre-set plan 66,783 $108.01 $7.2M
Turner M Terry Director August 13, 2026 Sell pre-set plan 53,601 $108.10 $5.8M
Turner M Terry Director August 6, 2026 Sell pre-set plan 2,737 $108.01 $295,623
Mccabe Robert A Jr Chief Banking Officer July 24, 2026 Buy 10,013 $99.90 $1M
Gregory Andrew J. Jr. Chief Financial Officer February 12, 2026 Buy 1,000 $94.52 $94,520

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Pinnacle Financial Partners, Inc. disclosed in the last 12 months; 1 earlier trade on record.

  • John W. Rose(R-TN 6):Sale (full), $100,001 - $250,000, traded November 12, 2019, filed December 11, 2019

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 20, 2027 estimated from the company's past filing pattern, not announced

  • October 21, 2026
  • July 22, 2026
  • April 22, 2026
  • January 21, 2026

Recent SEC filings

Data status

When each part of this page on Pinnacle Financial Partners, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Pinnacle Financial Partners, Inc. in brief

What does Pinnacle Financial Partners, Inc. do?
Pinnacle Financial Partners, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.
What is Pinnacle Financial Partners, Inc.'s stock ticker?
Pinnacle Financial Partners, Inc. trades under the ticker PNFP on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Pinnacle Financial Partners, Inc.'s free cash flow?
Pinnacle Financial Partners, Inc.'s free-cash-flow margin is 33.6% of revenue over the trailing twelve months.
Who are Pinnacle Financial Partners, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Wellington Management Group LLP and FMR LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Pinnacle Financial Partners, Inc.'s market cap?
On November 2, 2026, Pinnacle Financial Partners, Inc.'s market capitalisation was about $13.9B, with a price-to-earnings ratio of 13.6 and net debt of -$7.2B. Market figures come from third-party market data and may be delayed.
Does Pinnacle Financial Partners, Inc. pay a dividend?
Yes: Pinnacle Financial Partners, Inc. paid $244M in dividends over the trailing twelve months and a payout ratio of 23.8%.
Who are Pinnacle Financial Partners, Inc.'s competitors?
In our Regional Banks peer group, the companies closest to Pinnacle Financial Partners, Inc. are Western Alliance Bancorporation, Zions Bancorporation, National Association, First Horizon Corp, Popular, Inc. and East West Bancorp Inc. The side-by-side comparison below sets their revenue, margins and growth against Pinnacle Financial Partners, Inc.'s.
Are insiders buying or selling Pinnacle Financial Partners, Inc. stock?
Over the last 12 months, Pinnacle Financial Partners, Inc.'s directors and officers reported 5 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Pinnacle Financial Partners, Inc.'s next earnings date?
Around January 20, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Pinnacle Financial Partners, Inc. announces its own schedule.