Group 1: Earnings Performance - Pinnacle Financial reported quarterly earnings of $2.27 per share, exceeding the Zacks Consensus Estimate of $2.05 per share, and up from $1.86 per share a year ago, representing an earnings surprise of +10.73% [1] - The company posted revenues of $544.8 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.74%, compared to year-ago revenues of $466.75 million [2] - Over the last four quarters, Pinnacle Financial has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Pinnacle Financial shares have declined approximately 19.7% since the beginning of the year, while the S&P 500 has gained 13% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $2.06 on revenues of $526.16 million, and for the current fiscal year, it is $8.11 on revenues of $2.02 billion [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Banks - Southeast industry is currently in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The estimate revisions trend for Pinnacle Financial was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]

FOR IMMEDIATE RELEASE MEDIA CONTACT: Joe Bass, 615-743-8219 WEBSITE: www.pnfp.com FINANCIAL CONTACT: Harold Carpenter, 615-744-3742 PNFP REPORTS 3Q25 DILUTED EPS OF $2.19, OR $2.27 EXCLUDING MERGER-RELATED EXPENSES Core deposits, revenues and diluted EPS all up double-digit percentages year-over-year NASHVILLE, TN, October 15, 2025 - Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $2.19 for the quarter ended Sept. 30, 2025, compared to net income per dilu ...

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...

Wall Street analysts forecast that Pinnacle Financial (PNFP) will report quarterly earnings of $2.05 per share in its upcoming release, pointing to a year-over-year increase of 10.2%. It is anticipated that revenues will amount to $520.15 million, exhibiting an increase of 11.4% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have ...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) CEO Terry Turner and Synovus Financial CEO Kevin Blair will participate in a joint fireside chat at the BancAnalysts Association of Boston Conference in Boston on Thursday, November 6, 2025, at 2:15 p.m. ET. They are expected to discuss the pending merger between Pinnacle and Synovus. A webcast of this event will be available on Pinnacle's investor relations website at investors.pnfp.com. For those unable to view. ...

Core Insights - Pinnacle Financial Partners is the largest bank in the Nashville MSA by deposits for the eighth consecutive year, holding $21.34 billion in local deposits, which is 21.72% of the total market and over 64% more than its closest competitor [1][2][18] - The firm also ranks No. 2 in Tennessee with a 12.94% market share, having grown its share in the past 12 months, indicating strong local trust and preference [2][3] - Pinnacle's growth is attributed to its ability to attract and retain top banking talent, with significant investments in personnel leading to deposit growth nine times the industry average during the current rate cycle [4][19] Market Performance - Pinnacle grew deposits in 23 out of 27 MSAs measured by the FDIC, with eight markets experiencing double-digit growth and three markets triple-digit growth [3][4] - The firm added more deposit dollars than any other bank in the Nashville market over the past year, showcasing its competitive edge [1][2] - In Tennessee, Pinnacle was the biggest deposit grower, demonstrating its effectiveness in expanding market share [2][3] Strategic Initiatives - The recent merger agreement with Synovus is expected to enhance Pinnacle's growth trajectory, combining similar cultures and operational excellence [4][25] - Pinnacle hired 161 revenue-producing associates in 2024 and an additional 71 in the first half of 2025, which is a key driver of its growth model [4][19] - The firm has been recognized as one of America's Best Banks to Work For, reinforcing its reputation as an employer of choice in the financial services sector [18][24]

Core Viewpoint - Pinnacle Financial Partners, Inc. will release its third quarter 2025 financial results on October 15, 2025, after market close [1] - A live webcast to discuss the financial results and business outlook will be held on October 16, 2025, at 8:30 a.m. CDT [1] Financial Results Announcement - The third quarter 2025 earnings release will be available on the investor relations page of Pinnacle's website [1]

Core Insights - Pinnacle has announced a merger with Synovus, creating a mixed company with a shared management team and a growth path ahead [1][2] - The focus of the discussion is on execution rather than the details of the deal, emphasizing the importance of compatibility between the two companies [2][3] Company Compatibility - The merger discussions between Pinnacle and Synovus lasted 4 to 5 months, highlighting the need to address various social issues before finalizing the deal [2] - Both companies were found to be compatible upon deeper analysis, indicating a strong foundation for the merger [3]

Core Insights - The merger between Pinnacle and Synovus represents a significant opportunity for mid-cap banks, indicating a strategic move towards growth and enhanced market presence [1][2]. Company Compatibility - The leadership of both companies, including CEO Kevin Blair and his counterpart Terry, emphasized the importance of compatibility between the two organizations, which was assessed over a period of 4 to 5 months [2][3]. - The discussions focused on addressing various social issues that could arise from the merger, highlighting the complexity of the integration process [2]. Execution Focus - The current discussions are centered around the execution of the merger rather than the details of the deal itself, suggesting that the companies are now in a phase of implementation and operational alignment [2].

Pinnacle Financial Partners and Synovus Financial Corp. Conference Call Summary Company and Industry Overview - **Companies Involved**: Pinnacle Financial Partners (NasdaqGS:PNFP) and Synovus Financial Corp. - **Industry**: Mid-cap banking sector Key Points and Arguments 1. **Merger Announcement**: Pinnacle announced a merger of equals (MOE) with Synovus, aiming for a mixed management team and a growth path moving forward [1][2] 2. **Cultural Compatibility**: Both companies share similar foundational principles such as associate engagement and client loyalty, which drive profitable growth [3][4] 3. **Leadership Structure**: A leadership chart was agreed upon prior to the announcement, ensuring clarity in management roles [4][5] 4. **Execution Focus**: The emphasis is on execution rather than just financial metrics, with a commitment to integrating cultures and operational models [4][6] 5. **Conversion Timeline**: The merger is expected to close in the first quarter, with a 12 to 14-month conversion period planned to ensure a smooth transition [6][7] 6. **Client Feedback**: Client reactions have been largely neutral, with minimal concerns expressed regarding the merger [13][15] 7. **Hiring Momentum**: There has been no negative impact on hiring or business development pipelines post-announcement, with a strong expectation to meet hiring targets [9][10] 8. **Revenue Growth Guidance**: Synovus has reaffirmed its revenue growth guidance of 5% to 7% and expense growth of 2% to 4% [11][12] 9. **Market Opportunities**: Both companies see significant opportunities for growth in their existing markets, with plans to increase the number of revenue producers [20][24] 10. **Cultural Integration**: The cultures of both companies are seen as more aligned than different, focusing on client service and community engagement [32][54] 11. **Incentive Plans**: The merger will involve adopting Pinnacle's unique incentive plan, which ties compensation to company performance, aiming to retain talent [34][62] 12. **Regulatory Considerations**: The companies are preparing for potential regulatory changes that could impact operational costs and revenue deployment strategies [64][66] Additional Important Insights 1. **Hiring Model**: Pinnacle's hiring model is based on referrals and networks rather than traditional recruiting methods, which has proven effective in past years [21][22] 2. **Market Share**: There is a significant opportunity for Synovus to increase its number of revenue producers to match Pinnacle's levels, indicating potential for growth [24][25] 3. **Operational Efficiency**: The merger is expected to create a more efficient bank with higher profitability and service quality [4][6] 4. **Long-term Strategy**: The focus is on maintaining momentum through 2026 and beyond, with a clear strategy for growth and integration [12][28] 5. **Client-Centric Approach**: The companies are committed to a "white glove" approach during the conversion process to minimize disruption for clients [7][8] This summary encapsulates the key discussions and insights from the conference call regarding the merger between Pinnacle Financial Partners and Synovus Financial Corp., highlighting their strategic focus on execution, cultural integration, and growth opportunities in the mid-cap banking sector.