News Releases
Pinnacle Financial Partners Announces Completion of Common Stock Offering
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) reported today it has completed the previously announced registered offering of 8,855,000 shares of common stock, which includes 1,155,000 shares issued pursuant to the underwriters’ over-allotment option. The offering resulted in net proceeds of approximately $109.1 million after deducting underwriters’ fees and estimated offering expenses.
Pinnacle Financial Partners to Sell More Shares; Raymond James Exercises Over-Allotment Option to Acquire 1,155,000 Additional Shares
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP), announced today that Raymond James & Associates, Inc. has exercised its option to purchase an additional 1,155,000 shares of Pinnacle Financial common stock to cover over-allotments.
Pinnacle Financial Partners Announces Pricing of Common Stock Offering
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today it has priced a public offering of 7.7 million shares of its common stock at a price to the public of $13.00 per share for total gross proceeds of $100.1 million.
Pinnacle Financial Partners Announces offering of up to $100 million of shares of common stock
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today it has commenced a public offering of up to $100 million of shares of its common stock pursuant to Pinnacle Financial’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC).
Pinnacle Financial to Participate in Stephens Inc. Spring Investment Conference
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) today said that its management will participate in the Stephens Inc. Spring Investment Conference in New York on June 2, 2009. M. Terry Turner, president and chief executive officer, and Harold R. Carpenter, executive vice president and chief financial officer, will represent the company at the conference.
Pinnacle Financial to Participate in R.W. Baird 2009 Growth Stock Conference
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) today said that its management will participate in the R.W. Baird 2009 Growth Stock Conference in Chicago on May 14, 2009. M. Terry Turner, president and chief executive officer, and Harold R. Carpenter, executive vice president and chief financial officer, will represent the company at the conference.
Pinnacle Financial Announces $21.55 Million Loan Charge-Off
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) today announced it charged off a $21.55 million loan to a bank holding company after learning that the banking subsidiary of the borrower had been placed in receivership by the Office of the Comptroller of the Currency.
Pinnacle Reports Strong Loan Growth and Earnings of $0.03 Per Fully Diluted Share for First Quarter of 2009
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) today reported continued loan growth for the quarter ended March 31, 2009. Fully diluted earnings per common share available to common stockholders were $0.03 for the quarter ended March 31, 2009.
Pinnacle to Build Office in Farragut
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) plans to start construction at the end of April for the firm’s third full-service banking location in the Knoxville area. The office is expected to open in fourth quarter 2009 at 241 Brooklawn St. in Farragut’s Brooklawn Development.
Pinnacle to Open Belle Meade Office
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) plans to start construction at the end of April for a full-service banking location in the Hill Center at Belle Meade. The two-story, 6,600 square foot facility is scheduled to open in October 2009 at 4328 Harding Pike.
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