News Releases
Scott Southerland Joins Pinnacle Financial Partners
Scott Southerland has joined Pinnacle Financial Partners as a financial consultant for Pinnacle Asset Management serving clients in Winston Salem and throughout the Triad. Southerland came to Pinnacle from BB&T Wealth in Winston-Salem, where he worked for 14 years, most recently serving as a wealth advisor. Prior to BB&T, he was with Consolidated Planning as a financial advisor and Sara Lee Corporation as an internal consultant.
Pinnacle Financial Partners Moves into New Building for Its Spartanburg Office
Pinnacle Financial Partners has moved into its new, modern two-story office in Spartanburg. Located at 531 E. Main St., the office replaces the previous building at this location. It houses the same local team with deep roots in the Upstate who offer a full suite of financial services.
Pinnacle Offices Will Close Early in Observance of Juneteenth
This Friday, June 19, all Pinnacle offices will close at 2 p.m. local time in observance of Juneteenth. Also known as Freedom Day, Juneteenth celebrates the end of slavery. This has long been an important day for the African American community, and so we will take this small but important step in an effort to promote unity and much needed healing for our nation.
Pinnacle Financial Partners Announces Pricing of $87 Million Offering of Series B Non-cumulative Perpetual Preferred Stock Depositary Shares Increasing Aggregate Series B Issue to $225 Million
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) (“Pinnacle Financial”) today announced that it has priced an underwritten public offering of 3,480,000 depositary shares (the “depositary shares”) each representing a 1/40th interest in a share of 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, with a liquidation preference of $1,000 per share (equivalent to $25 per depositary share).
Pinnacle's First Full-service Office in Atlanta is Open for Business
Pinnacle has opened its first full-service office in Atlanta backed by a team of seven newly-hired associates, each with an average of more than 20 years of financial services experience. The location at 3333 Riverwood Drive includes a first-floor retail office that can accept deposits and handle any daily transactions, as well as additional office space occupying the entire top floor.
Pinnacle Financial Partners Announces Pricing of $120 Million Offering of Non-Cumulative Perpetual Preferred Stock Depositary Shares
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) (“Pinnacle Financial”) today announced that it has priced an underwritten public offering of 4,800,000 depositary shares (the “depositary shares”) each representing a 1/40th interest in a share of 6.75% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series B, with a liquidation preference of $1,000 per share (equivalent to $25 per depositary share).
Pinnacle Loans $70 Million to Western Virginia Companies in the Paycheck Protection Program
Pinnacle Financial Partners has made $69.3 million in loans for companies in the Roanoke and Lynchburg areas through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 347 local businesses and nonprofits that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.
Pinnacle Loans $188.6 Million to Chattanooga-area Companies in the Paycheck Protection Program
Pinnacle Financial Partners has made $188.6 million in loans for companies in the Chattanooga area through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 1,009 local businesses that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.
Pinnacle Loans $101.3 Million to Memphis-area Companies in the Paycheck Protection Program
Pinnacle Financial Partners has made $101.3 million in loans for companies in the Memphis area through the Small Business Administration’s Paycheck Protection Program (PPP). This figure represents 514 local businesses that received emergency funding to pay their employees and essential bills during the ongoing COVID-19 pandemic.
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