PNFP In The News

PNFP In The News

PNFP In The News

Why Pinnacle Is a Better Financial Bet Than Bank of America Corp or Citigroup Inc

July 17, 2014

Pinnacle Financial Partners (NASDAQ: PNFP) keeps on producing solid returns for shareholders with no seeming end in sight. In fact, Pinnacle Financial Partners could be singled out as a poster child of banking institutions:

Rising book values per share, rising loan volumes, rising deposits and profitability measures show, that the bank makes an interesting value proposition and might even be a better alternative than high-profile banks such as Bank of America (NYSE) or Citigroup (NYSE).

All important metrics are moving upward for Pinnacle Financial Partners, a $1.4 billion Southeastern community bank headquartered and operating in Tennessee. The community bank currently has 33 bank offices in the state and is certainly a small community bank with total assets of $5.8 billion as of the end of June 2014.

Probably the most distinguishing characteristic of Pinnacle Financial Partners is its relative short operating history.

While many community banks were established at the beginning of the twentieth century to accommodate a boom in business and an influx of immigrants from around the world, Pinnacle Financial Partners was established in 2000 by a group of business men seeking to create a locally owned community bank.

Despite the comparatively short operating history, Pinnacle Financial Partners is a community bank player that investors should take seriously amid its fantastic business results over the last couple of quarters.

Highlights

Highlights

Learn more about our remarkable history.

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Community

Community

Learn how Pinnacle supports our communities.

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