News Releases
Pinnacle is the Third Largest Bank in Roanoke by Deposits
Pinnacle Financial Partners has grown its deposits in the Roanoke MSA to more than $752.3 million as of June 30, 2020, according to new data from the Federal Deposit Insurance Corporation (FDIC). That moves the firm up to No. 3 in the deposit market share rankings from No. 4 in 2019. During the 12 months ended June 30, 2020, Pinnacle grew local deposits by $166 million, or an increase of 28.3 percent, for 9.1 percent of total market share.
Pinnacle Financial Partners Crosses $1 Billion in Deposits in Memphis
Pinnacle Financial Partners has grown its deposits in the Memphis MSA to more than $1.2 billion as of June 30, 2020, according to new data from the Federal Deposit Insurance Corporation (FDIC). As a result, Pinnacle moved up to No. 6 in the deposit market share rankings from No. 8 in 2019. This is the first time the firm has been over the billion-dollar mark for deposits in Memphis.
Pinnacle Financial Partners is the No. 4 Best Workplace for Women
Pinnacle is the nation’s fourth Best Workplace for Women, according to the new list from FORTUNE magazine and Great Place to Work®, for the way women associates view their experience in terms of fairness and equity. This is Pinnacle’s third appearance on the list. Earlier this year, the same organizations named the firm as the No. 4 Best Workplace for Millennials and one of 50 Companies That Care.
Veteran Commercial Banker Bryan Hulker Joins Pinnacle Financial Partners in Nashville
Bryan Hulker has joined Pinnacle Financial Partners as a financial advisor to commercial clients. He will be based at the firm’s headquarters at Symphony Place in downtown Nashville.
Pinnacle is One of 50 Companies That Care in PEOPLE Magazine
Pinnacle has again earned a spot on PEOPLE magazine’s “50 Companies That Care” list, jointly chosen by the publication and Great Place to Work®. Companies on the list are chosen for the generosity of their company benefits and charitable work, as well as personal accounts of the impact these organizations have made on the lives of their employees based on more than 4.7 million surveys nationwide.
Pinnacle Adds Diversity and Inclusion Officer to Spearhead Social Equity Work
Pinnacle Financial Partners has named firm veteran Eddie Alford as its first diversity and inclusion officer. Alford will lead and coordinate work on related issues across all areas of the firm and will join its leadership team. He will develop initiatives to build on Pinnacle’s existing foundation as a great place to work and serve as a thought leader who centers diversity, inclusion and equity in all of Pinnacle’s work.
Wealth Management Trio Join Pinnacle's New Refinery Office in Charlotte
Pinnacle Financial Partners is bringing strong and experienced talent on board in Charlotte to serve clients’ wealth management needs. Josh Holby, Mark Whitley and Jennifer Wichman have joined Pinnacle Asset Management, the firm’s unit for investment management and securities trading and execution. They are based at Pinnacle’s new office at The Refinery, 1213 W Morehead St. Previously, the trio worked at Wells Fargo Financial Advisors in Charlotte.
Pinnacle is One of the Country's Top 5 Workplaces for Millennials 2020
Pinnacle Financial Partners is among the top five companies in the country for millennials to work. The firm climbed to the No. 4 spot on the list of Best Workplaces for Millennials from FORTUNE magazine and Great Place to Work®, rising from No. 12 on the same list in 2019. In February, both groups named Pinnacle the overall No. 14 Best Company to Work For in the United States.
Pinnacle Opens Office in Uptown Charlotte with New Team of Veteran Bankers
Pinnacle Financial Partners has opened a new loan production office in Charlotte at the Refinery building in Uptown. This is the firm’s fourth office in Charlotte and 14th in southern North Carolina. It is located at 1213 W. Morehead Street. The Refinery office will house commercial and small business financial advisors, wealth management advisors, executive offices and administrative support.
PNFP Reports Diluted EPS of $0.83, ROAA of 0.77% and ROTCE of 9.77% for 2Q 2020
Pinnacle reported net income per diluted common share of $0.83 for the quarter ended June 30, 2020, compared to net income per diluted common share of $1.31 for the quarter ended June 30, 2019, a decrease of 36.6 percent.
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