Pinnacle Financial Partners Inc (PNFP)

Name: Pinnacle Financial Partners Inc Financial Statements
Creator: Quarter Results

Financial Services | Banks Regional

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$767M

Net Income

$140M

Operating Margin

22.2%

Free Cash Flow

$807M

Debt / Assets

87.8%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Pinnacle Financial Partners Inc (PNFP).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	766,586,000	684,360,000	414,103,000	683,656,000
Cost of Revenue	303,732,000	0	-280,762,000	13,000
Gross Profit	462,854,000	684,360,000	694,865,000	683,643,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	226,935,000	8,168,000	165,833,000	156,893,000
Operating Expenses	292,447,000	8,168,000	414,103,000	80,214,000
Operating Income	170,407,000	676,192,000	162,930,000	66,592,000
Interest Expense	303,732,000	320,570,000	343,361,000	336,128,000
Income Before Tax	170,407,000	183,786,000	181,146,000	65,002,000
Income Tax Expense	29,999,000	32,527,000	34,455,000	11,840,000
Net Income	140,408,000	151,259,000	146,691,000	53,162,000
Per Share
EPS	1.78	1.93	1.87	0.65
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Pinnacle Financial Partners Inc (PNFP).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	2,922,386,000	2,698,098,000	2,474,639,000	1,399,951,000	1,140,330,000
Cost of Revenue	996,133,000	0	1,184,846,000	0	0
Gross Profit	1,926,253,000	2,698,098,000	1,289,793,000	1,399,951,000	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	922,315,000	678,717,000	587,554,000	531,248,000	480,258,000
Operating Expenses	1,146,375,000	26,668,000	575,787,000	21,073,000	0
Operating Income	779,878,000	2,671,430,000	714,006,000	942,135,000	0
Interest Expense	1,247,371,000	1,332,508,000	1,091,250,000	244,642,000	98,813,000
Income Before Tax	779,878,000	581,209,000	714,006,000	697,493,000	651,905,000
Income Tax Expense	137,783,000	106,153,000	151,854,000	136,751,000	124,582,000
Net Income	642,095,000	475,056,000	562,152,000	560,742,000	527,323,000
Per Share
EPS	8.15	6.01	7.20	7.20	7.00
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Pinnacle Financial Partners Inc (PNFP).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	3,565,082,000	3,342,280,000	2,143,476,000	1,145,935,000
Short Term Investments	9,253,602,000	5,582,369,000	4,317,530,000	3,558,870,000
Net Receivables	38,932,223,000	214,080,000	217,491,000	161,182,000
Inventory	0	0	0	0
Total Current Assets	51,750,907,000	9,138,729,000	4,763,641,000	3,988,701,000
Property Plant Equipment	339,990,000	311,277,000	554,241,000	327,885,000
Goodwill and Intangibles	1,878,619,000	1,870,683,000	1,874,438,000	1,881,528,000
Total Assets	57,706,053,000	52,589,449,000	47,959,883,000	41,970,021,000
Liabilities
Account Payables	379,639,000	55,619,000	66,967,000	19,478,000
Short Term Debt	316,447,000	230,244,000	0	214,365,000
Total Current Liabilities	48,457,305,000	43,128,855,000	0	19,478,000
Long Term Debt	2,205,033,000	2,299,955,000	2,563,107,000	888,491,000
Total Liabilities	50,662,338,000	46,157,568,000	41,924,095,000	36,450,629,000
Shareholders Equity
Retained Earnings	3,727,788,000	3,175,777,000	2,784,927,000	2,341,706,000
Total Shareholders Equity	7,043,715,000	6,431,881,000	6,035,788,000	5,519,392,000

Balance sheet annual history for Pinnacle Financial Partners Inc (PNFP).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	3,565,082,000	3,342,280,000	2,143,476,000	1,145,935,000	4,019,034,000
Short Term Investments	9,253,602,000	5,582,369,000	4,317,530,000	3,558,870,000	4,914,194,000
Net Receivables	38,932,223,000	214,080,000	217,491,000	161,182,000	98,813,000
Inventory	0	0	0	0	0
Total Current Assets	51,750,907,000	9,138,729,000	4,763,641,000	3,988,701,000	29,896,602,000
Property Plant Equipment	339,990,000	311,277,000	554,241,000	327,885,000	288,182,000
Goodwill and Intangibles	1,878,619,000	1,870,683,000	1,874,438,000	1,881,528,000	1,853,630,000
Total Assets	57,706,053,000	52,589,449,000	47,959,883,000	41,970,021,000	38,469,399,000
Liabilities
Account Payables	379,639,000	55,619,000	66,967,000	19,478,000	12,504,000
Short Term Debt	316,447,000	230,244,000	0	214,365,000	0
Total Current Liabilities	48,457,305,000	43,128,855,000	0	19,478,000	0
Long Term Debt	2,205,033,000	2,299,955,000	2,563,107,000	888,491,000	1,311,853,000
Total Liabilities	50,662,338,000	46,157,568,000	41,924,095,000	36,450,629,000	33,158,792,000
Shareholders Equity
Retained Earnings	3,727,788,000	3,175,777,000	2,784,927,000	2,341,706,000	1,864,350,000
Total Shareholders Equity	7,043,715,000	6,431,881,000	6,035,788,000	5,519,392,000	5,310,607,000

Cash flow quarterly history for Pinnacle Financial Partners Inc (PNFP).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	475,056,000	562,152,000	560,742,000	527,323,000
Depreciation & Amortization	98,582,000	40,590,000	62,298,000	53,256,000
Stock Based Compensation	40,934,000	41,879,000	39,552,000	24,952,000
Change in Working Capital	160,974,000	-254,907,000	-109,513,000	13,212,000
Operating Cash Flow	904,306,000	521,414,999	604,925,000	657,444,000
Investing Activities
Capital Expenditure	-97,015,000	-322,256,000	-64,347,000	-23,178,000
Investments	-94,516,000	-322,256,000	-64,347,000	-23,178,000
Investing Cash Flow	-3,672,452,000	3,165,396,000	-6,684,439,000	-3,612,955,000
Financing Activities
Debt Repayment	-245,768,000	-1,674,688,000	-954,828,000	-450,262,000
Common Stock Issued/Repurchased	-14,430,000	-10,665,000	-10,924,000	-3,790,000
Dividends Paid	-84,206,000	-83,929,000	-83,386,000	-70,696,000
Financing Cash Flow	3,973,722,000	5,177,002,000	3,155,357,000	3,095,601,000
Summary
Free Cash Flow	807,291,000	199,158,999	540,578,000	634,266,000
Net Change in Cash	1,205,576,000	1,052,967,000	-2,924,157,000	140,090,000

Cash flow annual history for Pinnacle Financial Partners Inc (PNFP).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	475,056,000	562,152,000	560,742,000	527,323,000	312,321,000
Depreciation & Amortization	98,582,000	40,590,000	62,298,000	53,256,000	45,203,000
Stock Based Compensation	40,934,000	41,879,000	39,552,000	24,952,000	18,737,000
Change in Working Capital	160,974,000	-254,907,000	-109,513,000	13,212,000	-75,972,000
Operating Cash Flow	904,306,000	521,414,999	604,925,000	657,444,000	427,825,000
Investing Activities
Capital Expenditure	-97,015,000	-322,256,000	-64,347,000	-23,178,000	-39,761,000
Investments	-94,516,000	-322,256,000	-64,347,000	-23,178,000	-38,761,000
Investing Cash Flow	-3,672,452,000	3,165,396,000	-6,684,439,000	-3,612,955,000	-3,568,662,000
Financing Activities
Debt Repayment	-245,768,000	-1,674,688,000	-954,828,000	-450,262,000	-1,874,425,000
Common Stock Issued/Repurchased	-14,430,000	-10,665,000	-10,924,000	-3,790,000	-50,790,000
Dividends Paid	-84,206,000	-83,929,000	-83,386,000	-70,696,000	-56,985,000
Financing Cash Flow	3,973,722,000	5,177,002,000	3,155,357,000	3,095,601,000	6,575,579,000
Summary
Free Cash Flow	807,291,000	199,158,999	540,578,000	634,266,000	388,064,000
Net Change in Cash	1,205,576,000	1,052,967,000	-2,924,157,000	140,090,000	3,434,742,000