|Bid||61.60 x 500|
|Ask||64.05 x 400|
|Day's Range||61.50 - 63.25|
|52 Week Range||44.61 - 71.85|
|PE Ratio (TTM)||20.27|
|Dividend & Yield||0.56 (0.91%)|
|1y Target Est||N/A|
Memphis-based First Horizon National Corp. — the parent company of First Tennessee — will acquire Charlotte-based Capital Bank as part of a deal that has a total transaction value of $2.2 billion. First Horizon (FHN) and Capital Bank Financial Corp. (CBF) announced Thursday that they have entered into a definitive agreement, which would create the fourth-largest regional bank in the Southeast. In addition to providing a stronger presence outside of Tennessee, the deal — which is expected to close in the fourth quarter — will help boost First Tennessee's Nashville footprint.
The IBD SmartSelect Composite Rating for Pinnacle Financial Ptnr increased from 94 to 96 Thursday.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Pinnacle Financial Partners, Inc. with the following peers – First Horizon National Corporation, Renasant Corporation, BancorpSouth, Inc., Regions Financial Corporation, SunTrust Banks, Inc., Trustmark Corporation, Cullen/Frost Bankers, Inc. and Wells Fargo & Company (FHN-US, RNST-US, BXS-US, RF-US, STI-US, TRMK-US, CFR-US and WFC-US). Pinnacle Financial Partners, ... Read more (Read more...)