PNFP In The News

PNFP In The News

PNFP In The News

Pinnacle sees record revenue, loan volume

April 17, 2013

In the first quarter of 2013, Nashville-based Pinnacle Financial Partners reported net income of $13.4 million, up from $7.2 million a year ago.

The bank, which is Nashville’s largest locally owned bank, reported record loan volume of $3.8 billion, up $60.2 million from the previous quarter and up $434.5 million from a year ago.

Fully diluted earnings came in at $0.39 per share, beating analyst estimates and setting a record for the bank.

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