Pinnacle Financial (PNFP) Tops Q1 Earnings Estimates

Company Performance - Pinnacle Financial reported quarterly earnings of $1.90 per share, exceeding the Zacks Consensus Estimate of $1.82 per share, and up from $1.53 per share a year ago, representing an earnings surprise of 4.40% [1] - The company posted revenues of $462.85 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 3.27%, compared to year-ago revenues of $428.14 million [2] - Over the last four quarters, Pinnacle Financial has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance and Outlook - Pinnacle Financial shares have declined approximately 21.3% since the beginning of the year, while the S&P 500 has decreased by 8.8% [3] - The current consensus EPS estimate for the upcoming quarter is $1.94 on revenues of $497.13 million, and for the current fiscal year, it is $7.78 on revenues of $2.01 billion [7] Industry Context - The Zacks Industry Rank for Banks - Southeast, to which Pinnacle Financial belongs, is currently in the bottom 44% of over 250 Zacks industries, indicating potential underperformance compared to the top 50% of ranked industries [8]