ATLANTA--(BUSINESS WIRE)--The board of directors ofPinnacle Financial Partners, Inc. (NYSE: PNFP) approved the following three preferred stock dividends for shareholders: *As of June 30, 2025, according to FDIC data. $0.45617 per share on the firm's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on March 23, 2026, to shareholders of record as of March 15, 2026. $0.52481 per share on the firm's Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, payable on ...

Core Viewpoint - Pinnacle Financial Partners (NASDAQ: PNFP) is positioned for growth with a price target of $122 set by Piper Sandler, indicating a potential upside of 28.02% from its current price of $95.30, alongside a commitment to returning value to shareholders through a common dividend announcement [2][5]. Company Overview - Pinnacle Financial Partners is a financial services company providing a range of banking and financial services, known for its customer service and strong presence in the southeastern United States [1]. - The company competes with other regional banks and financial institutions, aiming to offer competitive products and services [1]. Stock Performance - PNFP's stock price has decreased slightly by 0.6%, or $0.60, to $95.30, with fluctuations noted between a daily low of $95.15 and a high of $97.04 [3]. - Over the past year, the stock has shown volatility, reaching a high of $127.85 and a low of $81.57 [3][5]. Market Capitalization and Trading Activity - Pinnacle's market capitalization is approximately $7.32 billion, indicating its size and influence in the financial sector [4]. - The company's trading volume on the NASDAQ exchange is 1,454,474 shares, reflecting active investor interest and close monitoring of the stock [4].

ATLANTA--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (NYSE: PNFP) announced today that its Board of Directors has approved a $0.50 per share cash dividend to be paid on Feb. 27, 2026, to common shareholders of record as of the close of business on Feb. 6, 2026. Pinnacle Financial Partners, Inc. ("Pinnacle†) is a $119.1 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a com ...

Core Insights - Pinnacle Financial Partners is aggressively hiring, planning to add 225 to 250 revenue-producing bankers in 2026 and 250 to 275 in 2027 [2][11] - The bank's hiring targets for 2026 represent a potential increase of 15% at the high end compared to the previous year, where a combined total of 217 bankers were hired [3][4] - The merger with Synovus Financial has created a combined entity with approximately $117 billion in assets, nearly double the size of each bank prior to the merger [5] Hiring Strategy - The bank is focusing on recruiting experienced bankers in the Southeast, leveraging market disruptions caused by mergers and acquisitions [2][5] - CEO Kevin Blair emphasized a direct approach to hiring, avoiding traditional recruitment methods and instead targeting top bankers in each market [5][6] Market Position and Growth - The combined bank operates in nine states, including Tennessee, North Carolina, and Florida, which are seen as having strong growth potential [7] - Loan growth is projected to be 9% to 11% higher by the end of 2026, with contributions expected from newly hired relationship managers and specialty businesses [9] Financial Outlook - Deposits are anticipated to reach between $106.5 billion and $108.5 billion by year-end, up from a combined total of $98.7 billion at the end of last year [10] - The bank expects to achieve $100 million in annualized merger-related expense savings this year, with a systems conversion planned for March 2027 [12]

Pinnacle Financial Partners logo Key Points Merger closed on Jan. 1 with rapid integration underway—Pinnacle has begun applying its operating model to legacy Synovus, will keep legacy platforms until a systems conversion in Q1 2027, and expects the future in‑state platform to deliver new capabilities and revenue synergies. Both legacy franchises reported strong Q4 results: Pinnacle adjusted EPS $2.24 (+18% YoY), net interest income +12% YoY and period‑end loans +10% YoY; Synovus adjusted EPS $1.45 (+16 ...

Financial Data and Key Metrics Changes - Pinnacle reported fourth quarter adjusted EPS of $2.24, stable quarter over quarter and up 18% year over year [10] - Net interest income increased 3% from the third quarter and 12% year over year [10] - Period-end loans grew at a strong 3% from the prior quarter and 10% year over year [10] - Core deposit growth was healthy at 3% quarter over quarter and 10% year over year [10] - Synovus reported strong fourth quarter adjusted diluted EPS of $1.45, stable quarter over quarter and increased 16% year over year [11] Business Line Data and Key Metrics Changes - Pinnacle's adjusted non-interest revenue declined 6% from the third quarter but jumped 25% year over year, driven by higher service charges and wealth management revenue [10][11] - Synovus generated healthy growth in adjusted non-interest revenue, which grew 6% from the prior quarter and 16% year over year to $144 million [12] Market Data and Key Metrics Changes - The merger between Pinnacle and Synovus was completed on January 1st, demonstrating effective integration within 160 days [8] - Legacy Pinnacle achieved a number one Net Promoter Score ranking, while legacy Synovus ranked third among top market share banks [7] Company Strategy and Development Direction - The company aims to produce strong, above-peer revenue, earnings per share, and tangible book value growth, focusing on exceptional client service and industry-leading loyalty [5][6] - The goal for 2026 includes hiring 250 total revenue producers, with expectations for period-end loans to grow to $91-$93 billion, representing a 9%-11% increase [17][18] - The company anticipates adjusted revenue of $5-$5.2 billion in 2026, with a net interest margin estimated in the $345-$355 range [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving loan growth targets despite competitive pressures, citing a positive client sentiment and a strong hiring model [44][46] - The company expects to realize 40% of its annualized merger-related expense savings in 2026, with a target CET1 ratio of 10.25%-10.75% [20] Other Important Information - The company retired $200 million of subordinated Tier 2 notes in October before issuing $500 million in December [14] - A $400 million common share repurchase program was authorized to manage capital in multiple growth scenarios [21] Q&A Session Summary Question: What can the combined bank not do today that it will be able to do a year from now post-conversion? - The combined bank will move to an in-state platform that takes the best of both organizations, allowing for new capabilities and products [33] Question: When do you think you would actually initiate buybacks? - The company is likely to accrete capital for a time period and reassess buybacks later in the year, with no purchases expected in the first quarter [38] Question: Can you walk us through your confidence in achieving loan growth targets? - The company generated 10% loan growth in the fourth quarter and expects growth from existing team members and recent hires [44][46] Question: What is the outlook for fee income guidance for the capital markets business? - The capital markets business is expected to show strong growth, with over 15% growth in swap fees and opportunities for revenue synergies [54] Question: How do you plan to handle higher hold limits? - The company plans to increase hold limits slightly, allowing for larger loan sizes while continuing to manage risk through syndication [80]

Financial Data and Key Metrics Changes - Pinnacle reported fourth quarter adjusted EPS of $2.24, stable quarter over quarter and up 18% year over year [10] - Net interest income increased 3% from the third quarter and 12% year over year [10] - Period-end loans grew at a strong 3% from the prior quarter and 10% year over year [10] - Core deposit growth was healthy at 3% quarter over quarter and 10% year over year [10] - Adjusted non-interest revenue declined 6% from the third quarter but jumped 25% year over year [10] - Synovus reported strong fourth quarter adjusted diluted EPS of $1.45, stable quarter over quarter and increased 16% year over year [11] Business Line Data and Key Metrics Changes - Legacy Pinnacle grew adjusted diluted EPS by 22% in 2025, while Legacy Synovus grew adjusted diluted EPS by 28% [7] - BHG contributed $31 million in fee revenue to Pinnacle [11] - Synovus generated healthy growth in adjusted non-interest revenue, which grew 6% from the prior quarter and 16% year over year to $144 million [12] Market Data and Key Metrics Changes - The merger between Pinnacle and Synovus was completed on January 1st, demonstrating effective integration [8] - The combined company expects period-end loans to grow to $91-$93 billion, or up 9%-11% versus combined loans at year-end 2025 [17] - Total deposits are expected to grow to $106.5-$108.5 billion, or up 8%-10% this year [18] Company Strategy and Development Direction - The company aims to deliver exceptional client service and industry-leading loyalty, focusing on attracting and retaining revenue producers [5][6] - The goal is to hire 250 total revenue producers in 2026, with loan growth supported by financial advisors hired in the past three years [17] - The company plans to realize $100 million in annualized merger-related expense savings in 2026 [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving loan growth targets despite competitive pressures and economic uncertainties [44] - The company anticipates a constructive credit environment with net charge-offs estimated to be in the range of 20-25 basis points for the year [20] - Management is optimistic about the potential for revenue synergies and expects strong earnings performance in 2026 [21] Other Important Information - The company has undertaken a meaningful repositioning within the legacy Synovus securities portfolio, selling approximately $4.4 billion and purchasing new securities with an average yield of 4.7% [15] - The CET1 ratio ended the quarter at 10.88% for Pinnacle and at an all-time high of 11.28% for Synovus [11][14] Q&A Session Summary Question: What can the combined bank not do today that it will be able to do a year from now post-conversion? - Management indicated that both companies will operate on existing legacy platforms until conversion, but new capabilities and products will arise post-conversion [33] Question: When do you think you would actually initiate buybacks? - Management stated that they would reassess buybacks later in the year, with no purchases expected in the first or second quarter due to capital ratios [38] Question: Can you walk us through your confidence in achieving loan growth targets? - Management highlighted that fourth quarter pro forma company generated 10% loan growth already, with confidence stemming from existing team members and recent hires [44] Question: What is the outlook for fee income guidance for the capital markets business? - Management expressed optimism about capital markets as a growth area, expecting strong growth in capital markets fees in 2026 [54] Question: How do you plan to handle higher hold limits? - Management clarified that higher hold limits would allow for slightly larger loan sizes while still utilizing a strong syndicated platform to manage risk [80]

Pinnacle Financial Partners (NasdaqGS:PNFP) Q4 2025 Earnings call January 22, 2026 08:30 AM ET Speaker8Good morning and welcome to the Pinnacle Financial Partners Fourth Quarter 2025 earnings call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing star zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your touch-tone phone. To withdraw your question, p ...

This slide presentation and certain of our other filings with the Securities and Exchange Commission contain statements that constitute "forward-looking statements" within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Pinnacle's use of wo ...

Core Viewpoint - Pinnacle Financial Partners (PNFP) has underperformed over the past year, losing approximately 15% of its value, which has raised concerns among investors [1] Company Performance - The stock of Pinnacle Financial Partners has seen a significant decline, with a 15% loss in value over the last year [1] - The company agreed to acquire Synovus, which was unexpected as many anticipated Pinnacle would be the one to be acquired [1]