News Releases

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.

Pinnacle Financial Partners, Inc. Announces Proposed Public Offering of Fixed-to-floating Rate Subordinated Notes Due 2029

Pinnacle Financial Partners, Inc. (NASDAQ/NGS: PNFP) today announced the commencement of a registered public offering of fixed-to-floating rate subordinated notes due 2029.

Pinnacle Financial Partners' Leaders to Participate in Bankers Healthcare Group Analyst Meeting Sept. 10

Pinnacle is Still One of the Best Banks to Work For in the Nation

Pinnacle Financial Partners is one of the nation’s Best Banks to Work For, having earned the No. 13 spot on the annual list compiled by American Banker magazine and Best Companies Group. That’s up three spots from 2018 and represents the firm’s seventh appearance on the list.

PNFP Reports Diluted EPS of $1.31, ROAA of 1.55% and ROTCE of 17.74% for 2Q 2019

Pinnacle reported net income per diluted common share of $1.31 for the quarter ended June 30, 2019, compared to net income per diluted common share of $1.12 for the quarter ended June 30, 2018, an increase of 17.0 percent.