PNFP
Pinnacle Financial Partners, Inc.
NYSE: PNFP · FINANCIAL SERVICES · BANKS - REGIONAL
$97.71
-1.20% today
Updated 2026-04-29
Market cap
$14.68B
P/E ratio
12.46
P/S ratio
5.55x
EPS (TTM)
$7.84
Dividend yield
1.23%
52W range
$81 – $119
Volume
1.6M
Pinnacle Financial Partners, Inc. (PNFP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $125.48M | $173.45M | $240.80M | $245.37M | $239.66M | $214.60M | $219.58M | $230.07M | $249.14M | $307.37M | $431.11M | $714.95M | $1.05B | $1.20B | $1.20B | $1.22B | $1.55B | $2.47B | $2.85B | $2.92B |
| Revenue growth (YoY) | — | +38.2% | +38.8% | +1.9% | -2.3% | -10.5% | +2.3% | +4.8% | +8.3% | +23.4% | +40.3% | +65.8% | +46.8% | +13.9% | +0.3% | +1.4% | +27.4% | +59.7% | +15.3% | +2.4% |
| Cost of revenue | $52.48M | $79.94M | $103.08M | $191.68M | $112.67M | $58.68M | $28.13M | $23.24M | $16.82M | $27.73M | $56.94M | $116.50M | $244.75M | $329.08M | $403.07M | $114.94M | $312.57M | $1.18B | $1.45B | $996.13M |
| Gross profit | $73.01M | $93.51M | $137.72M | $53.69M | $126.99M | $155.92M | $191.45M | $206.83M | $232.32M | $279.64M | $374.16M | $598.45M | $804.78M | $866.21M | $796.05M | $1.10B | $1.24B | $1.29B | $1.40B | $1.93B |
| Gross margin | 58.2% | 53.9% | 57.2% | 21.9% | 53.0% | 72.7% | 87.2% | 89.9% | 93.2% | 91.0% | 86.8% | 83.7% | 76.7% | 72.5% | 66.4% | 90.5% | 79.8% | 52.1% | 49.1% | 65.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $27.47M | $36.15M | $52.35M | $59.64M | $67.17M | $81.72M | $86.11M | $88.53M | $94.45M | $114.86M | $148.58M | $223.12M | $287.71M | $332.26M | $358.21M | $459.18M | $537.55M | $563.64M | $652.05M | $839.87M |
| Operating income | $26.38M | $33.03M | $43.24M | $-64.89M | $-19.89M | $28.50M | $62.53M | $85.88M | $105.65M | $143.10M | $191.38M | $297.99M | $449.95M | $497.54M | $371.36M | $651.90M | $697.49M | $714.01M | $581.21M | $779.88M |
| Operating margin | 21.0% | 19.0% | 18.0% | -26.4% | -8.3% | 13.3% | 28.5% | 37.3% | 42.4% | 46.6% | 44.4% | 41.7% | 42.9% | 41.6% | 31.0% | 53.6% | 45.0% | 28.9% | 20.4% | 26.7% |
| EBITDA | $28.39M | $37.34M | $50.53M | $-54.09M | $-8.39M | $39.45M | $72.73M | $95.13M | $114.94M | $153.37M | $191.57M | $274.37M | $426.34M | $505.88M | $416.56M | $705.16M | $759.79M | $792.70M | $679.79M | $837.81M |
| EBITDA margin | 22.6% | 21.5% | 21.0% | -22.0% | -3.5% | 18.4% | 33.1% | 41.3% | 46.1% | 49.9% | 44.4% | 38.4% | 40.6% | 42.3% | 34.7% | 58.0% | 49.0% | 32.0% | 23.8% | 28.7% |
| EBIT | $26.38M | $33.03M | $43.24M | $-64.89M | $-19.89M | $28.50M | $62.53M | $85.88M | $105.65M | $143.10M | $191.38M | $297.99M | $449.95M | $497.54M | $371.36M | $651.90M | $697.49M | $714.01M | $581.21M | $779.88M |
| Interest expense | $48.74M | $75.22M | $91.87M | $74.92M | $58.98M | $36.88M | $22.56M | $15.38M | $13.19M | $18.54M | $38.62M | $92.83M | $210.38M | $301.79M | $199.25M | $98.81M | $244.64M | $1.09B | $1.33B | $1.25B |
| Income tax | $8.46M | $9.99M | $12.37M | $-29.39M | $4.41M | $-15.24M | $20.64M | $28.16M | $35.18M | $47.59M | $64.16M | $124.01M | $90.51M | $96.66M | $59.04M | $124.58M | $136.75M | $151.85M | $106.15M | $137.78M |
| Effective tax rate | 32.1% | 30.2% | 28.6% | 45.3% | -22.2% | -53.5% | 33.0% | 32.8% | 33.3% | 33.3% | 33.5% | 41.6% | 20.1% | 19.4% | 15.9% | 19.1% | 19.6% | 21.3% | 18.3% | 17.7% |
| Net income | $17.93M | $23.04M | $30.87M | $-35.50M | $-24.30M | $43.74M | $41.88M | $57.73M | $70.47M | $95.51M | $127.22M | $173.98M | $359.44M | $400.88M | $312.32M | $527.32M | $560.74M | $562.15M | $475.06M | $642.10M |
| Net income growth (YoY) | — | +28.5% | +34.0% | -215.0% | +31.5% | +280.0% | -4.2% | +37.8% | +22.1% | +35.5% | +33.2% | +36.7% | +106.6% | +11.5% | -22.1% | +68.8% | +6.3% | +0.3% | -15.5% | +35.2% |
| Profit margin | 14.3% | 13.3% | 12.8% | -14.5% | -10.1% | 20.4% | 19.1% | 25.1% | 28.3% | 31.1% | 29.5% | 24.3% | 34.2% | 33.5% | 26.0% | 43.4% | 36.2% | 22.7% | 16.6% | 22.0% |