Pinnacle Financial Partners-Pinnacle Financial (PNFP) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Pinnacle Financial reported revenue of $462.85 million for the quarter ended March 2025, reflecting an 8.1% increase year-over-year, but fell short of the Zacks Consensus Estimate of$ 478.5 million by 3.27% [1] - The company's EPS was $1.90, up from$ 1.53 in the same quarter last year, exceeding the consensus estimate of $1.82 by 4.40% [1] Financial Performance Metrics - Net Interest Margin stood at 3.2%, matching the average estimate of three analysts [4] - Efficiency Ratio was reported at 59.5%, higher than the estimated 55.5% by three analysts [4] - Nonaccrual loans totaled$ 171.57 million, exceeding the average estimate of $157.20 million from two analysts [4] - Annualized net loan charge-offs to average loans were 0.2%, consistent with the average estimate of 0.2% from two analysts [4] - Average balances of total interest-earning assets were$ 47.68 billion, slightly above the average estimate of $47.63 billion [4] - Total nonperforming assets reached$ 175.23 million, surpassing the average estimate of $158.91 million from two analysts [4] - Net Interest Income was$ 364.43 million, close to the average estimate of $365.05 million based on three analysts [4] - Total noninterest income was reported at$ 98.43 million, below the average estimate of $113.42 million from three analysts [4] - Gains on mortgage loans sold, net, were$ 2.51 million, slightly lower than the average estimate of $2.65 million from two analysts [4] Stock Performance - Pinnacle Financial's shares have returned -12.4% over the past month, compared to a -3.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]