News Releases

Pinnacle Loans $232.5 Million to Knoxville-area Companies in the Paycheck Protection Program

Pinnacle Financial Partners has made $232.5 million in loans for companies in the Knoxville area through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 987 local businesses that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.

Pinnacle Loans $107.2 Million to Coastal South Carolina Companies in the Paycheck Protection Program

Pinnacle Financial Partners has made more than $107.2 million in loans for companies on the South Carolina coast through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 957 local businesses that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.

Pinnacle Loans $182.8 Million to Charlotte-area Companies in the Paycheck Protection Program

Pinnacle Financial Partners has made more than $182.8 million in loans for Charlotte-area companies through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 1,188 local businesses that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.

Pinnacle Loans $92.8 Million to Triangle-area Companies in the Paycheck Protction Program

Pinnacle Financial Partners has made more than $92.8 million in loans for Triangle-area companies through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 616 local businesses in Raleigh, Durham, Chapel Hill and surrounding communities that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.

Pinnacle Loans $261.6 Million to Triad-area Companies in the Paycheck Protection Program

Pinnacle Financial Partners has made more than $261.6 million in loans for Triad-area companies through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 1,695 local businesses that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.

Pinnacle Loans $831 Million to Middle Tennessee Companies in the Paycheck Protection Program

Pinnacle Financial Partners had funded more than $831 million in loans for Middle Tennessee companies through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 5,094 local businesses that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.

Pinnacle Loans $2.4 Billion to Companies in the Paycheck Protection Program

Pinnacle Financial Partners Announces 1Q20 Dividend

Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today that its Board of Directors has approved a $0.16 per share cash dividend to be paid on May 29, 2020 to common shareholders of record as of the close of business on May 1, 2020.

PNFP Reports Diluted EPS of $0.37, ROAA of 0.40% and ROTCE of 4.48% for 1Q 2020

Pinnacle reported net income per diluted common share of $0.37 for the quarter ended March 31, 2020, compared to net income per diluted common share of $1.22 for the quarter ended March 31, 2019, a decrease of 69.7 percent.

Loans Up To $50,000 Now Available to Middle Tennessee Small Businesses Impacted by March 3 Storms and Tornadoes

Through a partnership between Pathway Lending and Pinnacle Financial Partners, small businesses in Davidson, Putnam, and Wilson Counties that were impacted by the March 3 storms and tornadoes can request loans up to $50,000 from Pathway Lending, a regional, certified Community Development Financial Institution (CDFI).