|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||64.50 - 66.00|
|52 Week Range||58.40 - 70.30|
|PE Ratio (TTM)||21.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Nashville, Tennessee-based bank said it had earnings of $1.08 per share. Earnings, adjusted for non-recurring costs, came to $1.13 per share. The results beat Wall Street expectations. The average ...
Bank of America (BAC) reported strong beats on both its top and bottom lines this morning. The price action is best understood in conjunction with the events that unfolded last week. In a perverse turn of events last week, large-cap banks reported Q1 results on Friday morning and largely beat consensus expectations for EPS and revenue growth, but fell victim to a dramatic selloff after markets opened.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding PNFP totaled $1.57 billion.
In December 2017, Pinnacle Financial Partners Inc (NASDAQ:PNFP) released its most recent earnings announcement, which suggested that the company experienced a robust tailwind, leading to a double-digit earnings growth ofRead More...
Eakin's building will rise on what was a 2.8-acre parking lot at the Trolley Barns, a set of one-story brick buildings with tenants including Pinewood Social and the Nashville Entrepreneur Center.
The Pinnacle Bank CEO has staked much of his company's growth on hiring away his competitors' best talent. Here's how he knows whom to hire.
“They had a reputation for being very responsive, for being very client-focused and for being able to execute. That was very attractive to me."
Pinnacle Financial Partners isn’t done hiring away other banks’ talent, snagging yet another local executive for the bank’s senior lending team.
Pinnacle Financial Partners Inc (NASDAQ:PNFP) generated a below-average return on equity of 4.69% in the past 12 months, while its industry returned 8.21%. An investor may attribute an inferior ROERead More...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Financials sector is rising.
On Monday, Pinnacle Financial Partners announced the hiring of longtime San Francisco-based executive Paul Gallagher, who most recently worked as PayPal's director of enterprise risk and compliance. Prior to joining PayPal, Gallagher worked for First Republic Bank, Silicon Valley Bank and Wells Fargo. Gallagher will help Pinnacle as the $22.2 billion lender adjusts to its quick growth, following the bank's $2 billion acquisition of High Point, N.C.-based BNC Bancorp last year.
Ultimate Software Group and Pinnacle Financial Partners are a few noticeable companies with a strong future outlook. The market’s optimistic sentiment towards these stocks indicates a level of confidence inRead More...
Pinnacle Financial Partners (NASDAQ: PNFP ) shares could see a turning point, as 2018 will be a year of execution with a focus on fully integrating BNC Bancorp (NASDAQ: BNCN ), according to Stephens. ...
Zacks.com featured highlights include: PriceSmart, QEP Resources, BofI and Pinnacle Financial
As we are in the thick of the earnings season, investors should look for stocks that are ready to make a big move. Consistent earnings growth enthralls almost everyone, right from the top brass to research analysts. Studies have shown that majority of successful stocks see acceleration in earnings before a positive stock price movement.
Today I will examine Pinnacle Financial Partners Inc’s (NASDAQ:PNFP) latest earnings update (31 December 2017) and compare these figures against its performance over the past couple of years, in additionRead More...
Last week, Pinnacle Financial Partners Inc. (PNFP) announced it was paying $22 million in cash incentives and $15.4 million in equity grants to 1,200 of its Tennessee associates. All Pinnacle employees except those working on commission participate in a corporate performance-based incentive plan. "We all make our number the same way, from the bottom of the organization to the C-suite, everybody is eyeing [these] three things: we have got to clear [our] nonperforming assets threshold, we have got to grow our earnings and we have to grow our revenues," CEO Terry Turner said during the bank's fourth-quarter earnings call last week.
There are several ways to cut costs following an acquisition, and slashing jobs is one of them. It may not be much of a surprise, then, that Pinnacle Financial Partners has cut 17% of BNC Bancorp's staff following its $2 billion buyout of the North Carolina-based lender last year. According to Securities and Exchange Commission filings, BNC had 1,075 full-time employees when its acquisition by Pinnacle was announced.
A Nashville-based bank is ready to make a seven-figure brick-and-mortar investment in Midtown Memphis. Plans surfaced back in August when Pinnacle Financial Partners submitted an application to the Shelby County Board of Adjustment to build a new bank branch at the corner of Union Avenue and Rozelle Street. “That corner of Union Avenue is a great location, and we are excited to help lead the reuse of that property,” said Kirk Bailey, Memphis chairman for Pinnacle.
Pinnacle Financial Partners Inc (NASDAQ:PNFP) is trading with a trailing P/E of 23.7x, which is higher than the industry average of 17x. While this makes PNFP appear like a stockRead More...