Pinnacle Financial (PNFP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Pinnacle Financial reported a revenue of $475.34 million for the quarter ended December 2024, marking a 19.9$463.47 million [1] - The earnings per share (EPS) for the quarter was $1.90, compared to$1.68 in the same quarter last year, resulting in an EPS surprise of +5.56% against the consensus estimate of $1.80 [1] Financial Performance Metrics - Net Interest Margin stood at 3.2$147.83 million, exceeding the average estimate of $125.68 million [4] - Annualized net loan charge-offs to average loans were at 0.2$46.40 billion, surpassing the $45.90 billion average estimate [4] - Total nonperforming assets were reported at$149.11 million, higher than the estimated $126.91 million [4] - Net Interest Income was$363.79 million, slightly above the average estimate of $360.31 million [4] - Total noninterest income amounted to$111.55 million, compared to the average estimate of $107.61 million [4] - Gains on mortgage loans sold, net, were$2.34 million, slightly below the average estimate of $2.45 million [4] - Service charges on deposit accounts were$15.18 million, lower than the average estimate of $16.50 million [4] - Insurance sales commissions totaled$2.90 million, below the estimated $3.27 million [4] - Trust fees were reported at$9.10 million, exceeding the average estimate of $8.44 million [4] Stock Performance - Pinnacle Financial's shares have returned +5.5% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]