All Pinnacle offices will be closed this Thursday, June 19, for the Juneteenth federal holiday. You can see a full list of federal bank holidays at PNFP.com/Holidays.
News Releases
Pinnacle Financial Partners 2020 Annual Report Now Available
03-16-2021
Pinnacle Financial Partners has released its 2020 Annual Report, summing up the firm’s efforts to help clients, associates, shareholders and the communities it serves navigate through the challenges of 2020, as well as the results achieved for all stakeholders. The report illustrates the close relationship between Pinnacle’s well-known and nationally recognized internal culture, its business model and its philosophy of doing the right thing by showing how they worked in concert to respond to the various crises of the year.
Michael Frazee Joins Pinnacle Financial Partners
03-12-2021
Nashville commercial real estate lender Michael Frazee has joined Pinnacle Financial Partners as a financial advisor, based at the firm’s Symphony Place headquarters office. Frazee is part of commercial real estate manager Tyler Muesch’s Nashville team.
Seasoned Capital Markets Pro Mike Skorich Joins Pinnacle
03-04-2021
Mike Skorich has joined Pinnacle Financial Partners as a managing director of loan syndications. He brings 20 years’ experience in syndicated lending, secondary market transactions, relationship management and capital raising and is based at the firm’s main office in High Point at 3980 Premier Drive.
Pinnacle Earns 27 Greenwich Excellence and Greenwich Best Brand Awards
02-16-2021
Pinnacle Financial Partners brought home 27 Greenwich Excellence and Greenwich Best Brand Awards for 2020. Only one bank in the nation won more, and Pinnacle is the only one in the Southeast to earn more than 20. These awards are national and regional honors earned by banks who have measurably distinctive brands and service quality.
Pinnacle Remains the Best Place to Work in Memphis
02-12-2021
2020 was a dramatically different year on all fronts, but 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 five-time winner over the last six years.
Decosta Jenkins to Join Pinnacle Financial Partners Board
02-03-2021
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that Decosta E. Jenkins has been elected to its board of directors effective March 1, 2021. He joins 16 other business and community leaders from across the Southeast who serve as the firm’s directors.
During First Year in Atlanta, Pinnacle Financial Partners Builds Strong Asset Base, Veteran Team of 26
02-01-2021
Pinnacle Financial Partners accomplished four significant milestones in its first year in Atlanta: Established and built out its main office at 3333 Riverwood Parkway, with a second location on the horizon; reached $275 million in local loan commitments as of Dec. 31, 2020, including $111 million outstanding, $125 million in unfunded commitments and $39 million of PPP lending in Georgia; gathered $112 million in local deposits; hired 22 new associates, including 14 revenue producers, for a total team of 26.
Pinnacle is Still a Best Place to Work in Virginia
02-01-2021
Pinnacle Financial Partners continues to be one of the best places to work in all of Virginia. For the second year in a row, the firm is the top-ranked among banks and credit unions on a list of Best Places to Work from Virginia Business magazine. Pinnacle earned the No. 11 spot in the large companies category.
Two Wealth Advisors and a Former Assistant AG Join Pinnacle
01-26-2021
Two experienced wealth advisors and a former assistant state attorney general have joined Pinnacle Financial Partners in the Raleigh-Durham area. Wealth managers Kent Anders and Travis Sissler bring experience and expertise to their roles as financial advisors for Pinnacle’s client advisory group, which serves business and commercial clients. Anders comes from BB&T and is based at Pinnacle’s Durham office, while Sissler comes from Wells Fargo and is based at the Raleigh Glenwood office. In addition, Elizabeth Stone has joined Pinnacle as legal counsel. She was formerly a North Carolina assistant attorney general for the Department of Justice’s transportation division and has also worked in private practice at Williams Mullen, P.C.
PNFP Reports Diluted EPS of $1.42, ROAA of 1.24% and ROTCE of 15.37% for 4Q 2020
01-19-2021
Pinnacle Financial Partners, Inc. reported net income per diluted common share of $1.42 for the quarter ended Dec. 31, 2020, compared to net income per diluted common share of $1.26 for the quarter ended Dec. 31, 2019, an increase of 12.7 percent. Excluding gains and losses on the sale of investment securities and ORE expense for the three months ended Dec. 31, 2020 and 2019 and $15.0 million of FHLB restructuring and hedge termination charges for the three months ended Dec. 31, 2020, net income per diluted common share was $1.58 for the three months ended Dec. 31, 2020, compared to $1.27 for the three months ended Dec. 31, 2019, a year-over-year increase of 24.4 percent.
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