News Releases
Pinnacle Grows Local Myrtle Beach Deposits by $134.1 Million in One Year for 49.23% Growth
Pinnacle Financial Partners grew its local deposits in the Myrtle Beach MSA by $134.1 million in a single year for a total of $406.4 million in deposits as of June 30, 2022. That’s a year-over-year growth rate of 49.23 percent, according to data from the FDIC, the second largest deposit growth rate in the entire market. This makes Pinnacle the No. 14 bank in Myrtle Beach by deposits, up from No. 15 in 2021.
Frank Meade Joins Pinnacle Financial Partners to Drive Middle Market Growth in Virginia
Frank Meade has joined Pinnacle Financial Partners as a financial advisor responsible for middle market banking originations and business development in Virginia statewide, as well as additional reach into certain areas of West Virginia. He will work with established Pinnacle teams in Virginia and specialists from across the firm to serve commercial and industrial clients.
Pinnacle Financial Partners Grows Its Upstate Team and Leadership
Experienced banker Bradley Cox has joined Pinnacle Financial Partners as a financial advisor in Greenville. He brings 21 years of experience in the Upstate and is based at the firm’s McBee Avenue office.
Eric Anderson Joins Pinnacle Financial Partners to Build and Lead Government Banking Program
Veteran banking leader Eric Anderson has joined Pinnacle Financial Partners as the firm’s government banking program manager, bringing 20 years of highly specialized experience to the firm. He is based in Knoxville, TN, at the firm’s Northshore office and will build a firmwide program to serve local, state and federal governments entities with Pinnacle’s brand of distinctive service and effective advice.
PNFP Reports Diluted EPS of $1.91, ROAA of 1.42% and ROATCE of 17.40% for 3Q2022
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.91 for the quarter ended Sept. 30, 2022, compared to net income per diluted common share of $1.75 for the quarter ended Sept. 30, 2021, an increase of 9.1 percent. Net income per diluted common share was $5.42 for the nine months ended Sept. 30, 2022, compared to $5.05 for the nine months ended Sept. 30, 2021, an increase of 7.3 percent.
Pinnacle Financial Partners Grows Team With Addition of Two Veteran Financial Services Professionals
Pinnacle Financial Partners has expanded its team in South Central and Western Kentucky with the hiring of veteran financial professional Eric Walker. He joins the firm as market executive and financial advisor, bringing 33 years of financial services experience to the role. Also joining the firm is Jerry Searcy, who is a credit advisor with 18 years of experience.
HPB Chosen for 2022 Best Practices Study Organized by the Big "I" and Reagan Consulting
HPB Insurance, a wholly-owned subsidiary of Pinnacle Financial Partners, is part of an elite group of independent insurance agencies across the United States participating in the Independent Insurance Agents & Brokers of America (IIABA, or the Big “I”) “Best Practices” Study Group. It is the first time the agency has been selected.
Pinnacle Continues to Attract top Talent in the Triangle and Eastern North Carolina
Pinnacle Financial Partners attracted eight experienced and tenured financial professionals in the Raleigh market during the second and third quarters of 2022. Joining the Raleigh Glenwood Avenue office are Financial Advisors Tucker Andrews, Mike DeBender, Jack Dinno and Ed Hollowell, Office Leader Mark Marley and Financial Advisor Assistant Barbara Varner. Financial Specialists Jasmine Franklin joined the Raleigh Falls of Neuse office, and Brandon Pinnix joined the Chapel Hill Farrington Road office.
Pinnacle Financial Partners Announces Dates for Third Quarter 2022 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its third quarter 2022 financial results on Tuesday, Oct. 18, 2022, after market close. It will also host a live webcast on Wednesday, Oct. 19, at 8:30 a.m. CT to review its financial results, business outlook for the firm and other matters. The third quarter 2022 earnings release and all information needed to join the webcast will be available on the investor relations page of Pinnacle's website at PNFP.com.
Experienced Trust Professional and More Join Pinnacle Financial Partners in the National Capital Region
Veteran banking leader Justin Willis has joined Pinnacle Financial Partners in the National Capital Region as a trust portfolio manager, bringing 10 years of industry knowledge and experience. Also joining the firm is Marilyn Carrera, a financial advisor assistant with 20 years of experience, and Anita Carter, a treasury management analyst with 17 years of experience.
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