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]

Core Insights - Pinnacle Financial reported revenue of $546.3 million for the quarter ended December 2025, reflecting a year-over-year increase of 14.9% [1] - The company's EPS was $2.24, up from $1.90 in the same quarter last year, but fell short of the consensus estimate of $2.32, resulting in an EPS surprise of -3.24% [1] - The revenue fell slightly below the Zacks Consensus Estimate of $557.02 million, leading to a revenue surprise of -1.92% [1] Financial Metrics - Net Interest Margin stood at 3.3%, matching the five-analyst average estimate [4] - Efficiency Ratio was reported at 55.8%, higher than the five-analyst average estimate of 52.9% [4] - Annualized net loan charge-offs to average loans were 0.3%, exceeding the four-analyst average estimate of 0.2% [4] - Nonaccrual loans totaled $133.36 million, lower than the three-analyst average estimate of $151.88 million [4] - Average balances of total interest-earning assets were $51.48 billion, below the $52.89 billion average estimate from three analysts [4] - Total nonperforming assets were reported at $141.45 million, also lower than the three-analyst average estimate of $158.12 million [4] - Total noninterest income was $134.77 million, compared to the $144.43 million average estimate based on five analysts [4] - Net Interest Income was $407.44 million, below the four-analyst average estimate of $414.62 million [4] - Trust fees were reported at $11.42 million, exceeding the two-analyst average estimate of $10.45 million [4] - Service charges on deposit accounts were $18.72 million, slightly above the $18.61 million estimated by two analysts [4] - Insurance sales commissions were $3.14 million, lower than the $4.01 million average estimate based on two analysts [4] - Gains on mortgage loans sold, net, were $1.35 million, compared to the $2.19 million average estimate based on two analysts [4] Stock Performance - Pinnacle Financial's shares have returned -3.9% over the past month, while the Zacks S&P 500 composite has changed by -0.4% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Core Viewpoint - Pinnacle Financial's quarterly earnings of $2.24 per share fell short of the Zacks Consensus Estimate of $2.32 per share, marking an earnings surprise of -3.24% compared to the previous year's earnings of $1.9 per share [1] Group 1: Earnings Performance - The company reported revenues of $546.3 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 1.92%, while year-ago revenues were $475.33 million [2] - Over the last four quarters, Pinnacle Financial has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Pinnacle Financial shares have increased by about 2% since the beginning of the year, contrasting with the S&P 500's decline of 0.7% [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] Group 3: Estimate Revisions and Rankings - The estimate revisions trend for Pinnacle Financial was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $2.35 on revenues of $1.15 billion, and for the current fiscal year, it is $10.33 on revenues of $4.83 billion [7] Group 4: Industry Context - The Zacks Industry Rank for Banks - Southeast is currently in the top 31% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]

Core Insights - Pinnacle Financial Partners, Inc. reported a net income per diluted common share of $2.13 for Q4 2025, reflecting an increase of approximately 11.5% from $1.91 in Q4 2024 [1] - For the full year ended December 31, 2025, the net income per diluted common share was $8.07, compared to $5.96 for the year ended December 31, 2024 [1]

Core Insights - Pinnacle Financial Partners and Synovus Financial Corp reported strong financial results for 2025, with legacy Pinnacle achieving a 35% increase in diluted EPS and legacy Synovus a 76% increase, reflecting a commitment to growth amid their merger [2][3] Financial Performance - For the fourth quarter of 2025, Synovus reported net income available to common shareholders of $171.1 million, a decrease of 8% sequentially and 4% year-over-year [11] - The diluted earnings per share for Synovus in Q4 2025 was $1.22, down 8% from Q3 2025 and down 2% from Q4 2024, while adjusted diluted EPS was stable at $1.45, up 16% year-over-year [7][12] - Total revenue for Synovus in Q4 2025 was $629.7 million, an increase of 2% from Q3 2025 and 7% from Q4 2024 [6][11] Balance Sheet Highlights - Total loans for Synovus at the end of Q4 2025 were $44.63 billion, a 2% increase from Q3 2025 and a 5% increase year-over-year [9] - Total deposits reached $51.32 billion, up 3% sequentially and relatively stable year-over-year [10] Non-Interest Revenue and Expenses - Non-interest revenue for Synovus in Q4 2025 was $145.1 million, a 3% increase from Q3 2025 and a 16% increase year-over-year [11] - Non-interest expense remained stable at $349.6 million, with a slight increase of 2% from Q3 2025 and a 13% increase year-over-year [11] Credit Quality - Synovus maintained healthy credit quality, with a non-performing loan ratio of 0.57% and an annualized net charge-off ratio of 0.22% for Q4 2025 [7][11] - The provision for credit losses was $33.0 million, up from $21.7 million in Q3 2025, but stable compared to $32.9 million in Q4 2024 [11] Merger Insights - The merger between Pinnacle and Synovus closed on January 1, 2026, creating a leading regional bank poised for accelerated growth [3] - Integration teams are working to ensure a seamless transition, with systems and brand conversions expected by March 2027 [3]

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...

Analysts on Wall Street project that Pinnacle Financial (PNFP) will announce quarterly earnings of $2.32 per share in its forthcoming report, representing an increase of 22.1% year over year. Revenues are projected to reach $557.02 million, increasing 17.2% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 2.9% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates du ...

Core Insights - Pinnacle Financial Partners, Inc. has successfully completed an all-stock merger with Synovus Financial Corporation, valued at $8.6 billion, with Pinnacle shareholders owning approximately 51.5% and Synovus shareholders holding about 48.5% of the combined entity [1][9]. Merger Details - The merger resulted in a single bank holding company operating under the name Pinnacle Financial Partners, with Pinnacle Bank as the surviving bank [3]. - Each share of legacy Pinnacle common stock was converted into an equal number of shares of new Pinnacle common stock, while each share of Synovus common stock was exchanged for 0.5237 shares of new Pinnacle common stock [4]. - The combined bank holding company has $117.2 billion in assets, $95.7 billion in deposits, and $80.4 billion in loans as of September 30, 2025, and operates over 400 locations across nine states [2][9]. Strategic Implications - The merger creates one of the largest and fastest-growing regional banking platforms in the U.S., combining Pinnacle's relationship-driven model with Synovus' established franchise and operational capabilities [7]. - The combined entity is expected to capture market share gains in both commercial and consumer banking segments, particularly in the Southeastern and Atlantic Coast markets [8][9]. - The transaction is projected to generate approximately 21% operating earnings accretion by 2027, with a tangible book value per share earn-back period of 2.6 years [9]. Operational Integration - During the transition period, banking services will continue under both the Pinnacle and Synovus brands, with full integration and brand consolidation expected by early 2027 [5]. - The combined company is now a member bank of the Federal Reserve System, enhancing its operational capabilities [3]. Market Position - Following the merger, Pinnacle Financial's common stock trades on the New York Stock Exchange under the ticker symbol "PNFP" [6]. - The merger positions Pinnacle among the highest-return regional banks in the Southeast, strengthening its long-term return profile [10].

Core Viewpoint - Pinnacle Financial Partners (NASDAQ:PNFP) is positioned for potential growth, supported by a favorable analyst outlook and positive earnings estimates [2][3][6] Company Overview - Pinnacle Financial Partners is a financial services company offering a variety of banking products and services, primarily in the southeastern United States [1] - The company competes with other regional banks, focusing on superior customer service and financial solutions [1] Stock Performance - As of January 4, 2026, PNFP's stock price is $95.10, reflecting a slight decrease of 0.32% or $0.31 [4] - The stock has experienced volatility, with a one-year high of $127.85 and a low of $81.57 [4] Analyst Insights - Stephen Scouten from Piper Sandler has set a price target of $120 for PNFP, indicating a potential increase of about 26.18% from the current price [2][6] - The stock has received a Zacks Rank 2 (Buy), driven by an upward trend in earnings estimates, suggesting positive earnings prospects [2][3][6] Market Activity - Pinnacle Financial's market capitalization is approximately $7.38 billion, with a trading volume of 2,249,223 shares on the NASDAQ exchange, indicating healthy investor interest [5][6]

Core Viewpoint - Synovus Financial has successfully merged with Pinnacle Financial Partners in an all-stock deal valued at $8.6 billion, aiming to create the highest-performing regional bank in the Southeast [1][6] Group 1: Merger Details - The merger was announced in July and has resulted in a combined holding company with $117.2 billion in assets, $95.7 billion in deposits, and $80.4 billion in loans as of September 30 [1] - The new holding company will be headquartered in Atlanta, Georgia, while the bank's operations will be based in Nashville, Tennessee, with plans to consolidate under the Pinnacle brand by early 2027 [2] Group 2: Shareholder Structure - The merger involved a fixed exchange ratio of 0.5237 Synovus shares for each Pinnacle share, translating to a Synovus share value of $61.18, resulting in Synovus shareholders owning approximately 48.5% and Pinnacle shareholders about 51.5% of the merged entity [3] Group 3: Leadership and Vision - Kevin Blair, the former CEO of Synovus, is now the president and CEO of the merged group, while Terry Turner, the former CEO of Pinnacle, chairs the board [4] - The leadership team aims to position the merged entity as the fastest-growing and most profitable regional bank in the nation, emphasizing the importance of long-term relationships and purposeful growth [5]