Lending has been generally tepid, with households and businesses flush with cash. Here are four banks that may be ahead of the curve.
Pinnacle Financial Partners captive insurance advisor Michael Corbett has been named to the Captive Review Hall of Fame, an honor given to only a few captive professionals worldwide each year. It "celebrate[s] the most influential individuals, who have contributed to the industry for decades and without whom the industry would not be where it is today," according to the publishers of Captive Review, a London-based magazine for the global risk management and captive insurance community.
In the second round of Paycheck Protection Program lending, Pinnacle Financial Partners (Nasdaq/NGS: PNFP) made more than 9,000 loans worth $930 million to local businesses in need across its footprint. Combined with first round lending, the firm issued 23,778 PPP loans worth more than $3.2 billion. For context, Pinnacle’s loan growth in all of 2019 was $2.1 billion.