News Releases
Pinnacle Grows Triangle Deposits by 18.5% to $883.6 Million
Pinnacle Financial Partners has grown its deposits in the combined MSAs that make up the Triangle by $138.2 million to $883.6 million, according to the latest FDIC deposit data. That’s a growth rate of 18.5 percent over the 12 months ended June 30, 2021.
Pinnacle Lands Best Place to Work Award in Atlanta
The Atlanta Business Chronicle announced that Pinnacle Financial Partners is the No. 15 Best Place to Work in Atlanta in the small business category. While the firm has Best Place to Work honors in other cities, this was Pinnacle’s first entry and first win locally, just a year and a half after entering the market.
Four Talented Professionals Join Pinnacle in Huntersville, NC
Four experienced financial services professionals have joined Pinnacle Financial Partners’ Charlotte team. All four came to Pinnacle from Wells Fargo and are based at Pinnacle’s Huntersville location at 16810 Kenton Drive, Suite 220. Nicole McCoy is a financial advisor for the client services group, serving personal and small business clients. David Henkel, Bryan Sherrill and Kelly Nodine joined Pinnacle Asset Management, a division of Pinnacle Financial Partners.
Pinnacle is the Best Place to Work in the Triangle
Pinnacle Financial Partners is No. 1 among Best Places to Work in the Triangle. The Triangle Business Journal announced the ranking today, with Pinnacle placing first in the large companies category. Pinnacle is the only commercial bank in the list, and this is the first time the firm has won and participated in the program locally. The Best Places to Work program seeks “companies that go beyond the norm to foster an enjoyable and meaningful work environment for their employees,” according to the Triangle Business Journal. The competition is based on third-party research from Quantum Workplace, a leading employee engagement firm.
Pinnacle Financial Partners Leadership to Join Bankers Healthcare Group Leaders for Investor Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced that company leaders will join leaders from Bankers Healthcare Group (BHG) to host a live webcast on Tuesday, September 14, at 8:30 a.m. CDT to review BHG’s financial results, business outlook for the firm and other matters related to BHG’s operations.
PNFP Reports Diluted EPS of $1.69, ROAA of 1.46% and ROTCE of 17.32% for 2Q2021
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.69 for the quarter ended June 30, 2021, compared to net income per diluted common share of $0.83 for the quarter ended June 30, 2020, an increase of approximately 104 percent. Excluding gains and losses on the sale of investment securities and ORE expense for the three months ended June 30, 2021 and 2020 and FHLB restructuring charges for the three months ended June 30, 2020, net income per diluted common share was $1.68 for the three months ended June 30, 2021, compared to $0.89 for the three months ended June 30, 2020, a year-over-year increase of nearly 89 percent.
Pinnacle Financial Partners Commits $10 Million Investment to The Housing Fund's Shared Equity Program
Pinnacle Financial Partners has committed to a $10 million investment in The Housing Fund for the organization’s Shared Equity Program of affordable housing. The money will fund home loans made to low- to moderate-income individuals and families in Nashville and Middle Tennessee.
Pinnacle is One of the Country's Top 5 Workplaces for Millennials
Pinnacle Financial Partners is among the top companies in the country for millennials to work, which includes associates from age 24 to 40. The firm earned the No. 4 spot on the list of Best Workplaces for Millennials from FORTUNE magazine and Great Place to Work®, just as it did in 2020.
Four Advisors and a Financial Specialist Expand Pinnacle's Raleigh Glenwood Team
Pinnacle Financial Partners has expanded commercial banking services at the firm’s Raleigh Glenwood office with the addition of financial advisors Ron Schappell and Dillon Ortman, both of whom come from BBVA. They advise commercial and middle market clients as part of Pinnacle’s client advisory group. Also joining Pinnacle are Darrin Blalock, Chris Frederick and Kathy Santoli.
Pinnacle Financial Partners Announces Dates for Second Quarter 2021 Earnings Release and Conference Call
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its second quarter 2021 financial results on Tuesday, July 20, 2021, after market close. It will also host a live webcast on Wednesday, July 21, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The second quarter 2021 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com.
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