News Releases
Pinnacle is the Best Place to Work in Memphis Three Years Running
Pinnacle Financial Partners is still the best place to work in Memphis, according to the Memphis Business Journal. The firm earned the top award for “Best Place to Work” in the “large companies” category of businesses with 150 or more employees. Pinnacle is now a four-time winner over the last five years, having previously taken home the top award in this category in 2018 and in the medium size category in 2017 and 2015.
PNFP Reports Diluted EPS of $1.44, ROAA of 1.62% and ROTCE of 18.28% for 3Q 2019
Pinnacle reported net income per diluted common share of $1.44 for the quarter ended September 30, 2019, compared to net income per diluted common share of $1.21 for the quarter ended September 30, 2018, an increase of 19.0 percent.
Pinnacle Financial Partners Adds Greg Winkler as a Local Leader for Commercial Banking
Pinnacle is deepening its leadership team and adding significant middle market commercial experience to its roster in Raleigh, NC, with veteran banker Greg Winkler. Winkler comes with nearly 30 years of experience in business and commercial banking. He most recently served as business banking manager and previously was the market president for Wells Fargo, where he spent nearly his entire career.
Pinnacle Financial Partners Opening New Office in Ooltewah
Pinnacle Financial Partners is opening a new office in Ooltewah, its third location in Chattanooga. It is expected to open in October at 5544 Little Debbie Parkway, conveniently located near the intersection of I-75 and U.S. Highway 64. Longtime local banker Gary Reese will serve as the office leader, joined by veteran financial advisor Roger Qualey.
Pinnacle is Still the No. 1 Bank in Nashville for Deposits, Moves up to No. 3 in Tennessee
Pinnacle Financial Partners, Inc. is still the No. 1 ranked bank in the Nashville (MSA) in terms of deposit volumes, according to June 30, 2019 data from the FDIC. The firm also moved into the No. 3 spot statewide in Tennessee, up from No. 4 in 2018 and overtaking SunTrust for the honor.
Pinnacle Financial Partners Grows Deposits by More than 24% in Chattanooga
Pinnacle Financial Partners is still the fourth-largest bank in the Chattanooga MSA in terms of deposits, according to new data from the FDIC. During the 12 months ended June 30, 2019, Pinnacle grew local deposits by more than 24 percent to $852 million, adding $166 million in deposits in that period for 8.37 percent of total market share.
Pinnacle Financial Partners is Now the Fourth-Largest Bank in Knoxville by Deposits
Pinnacle Financial Partners is now the fourth-largest bank in the Knoxville MSA in terms of deposits, according to new data from the FDIC. During the 12 months ended June 30, 2019, Pinnacle grew local deposits by more than 22 percent to $1.67 billion, adding $308.9 million in deposits during that period for 9.44 percent of total market share.
Pinnacle Grows Local Deposits by 19% in Greenville MSA
Pinnacle Financial Partners’ growth in the Greenville MSA has continued as the firm added nearly $43 million in local deposits during the 12 months ended June 30, 2019, for a total of $263 million, according to new data from the FDIC. That represents 19.6 percent growth year-over-year and moves the firm up one spot to No. 13 on the list of the largest banks in the MSA.
Pinnacle Financial Partners is Roanoke's Fourth-Largest Bank by Deposits
Pinnacle Financial Partners’ growth in the Roanoke Valley continues as the firm added more than $58 million in local deposits during the 12 months ended June 30, 2019, for a total of $586 million, according to new data from the FDIC. That moves the firm up one spot to the No. 4 bank in the Roanoke MSA in terms of deposits.
Pinnacle Grows Local Deposits by 21% in Raleigh-Cary MSA
Pinnacle’s growth in the Raleigh area has continued as the firm added nearly $63 million in local deposits during the 12 months ended June 30, 2019, for a total of $356 million, according to new data from the FDIC. When added to the Durham-Chapel Hill MSA, which is measured separately by the FDIC, Pinnacle held more than $603 million in deposits in the area on that day.
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