News Releases
Pinnacle Grows Deposits by 74% in Raleigh MSA
Pinnacle Financial Partners is one of the fastest growing banks in the Raleigh MSA with a year-over-year growth rate of 74 percent for the 12 months ended June 30, 2018. That was enough to lift the firm to No. 14 in market share, up from No. 17 last year.
Pinnacle Climbs to No. 3 Bank by Deposits in the Greensboro-High Point MSA
Pinnacle Financial Partners is now the third-largest bank in the Greensboro-High Point MSA in terms of deposits. During the 12 months ended June 30, 2018, Pinnacle grew deposits by more than $133 million to $1.37 billion – a growth rate of more than 10 percent year-over-year.
Pinnacle Financial Partners Grows to No. 1 Bank in Nashville for Deposits
Pinnacle Financial Partners is now the No. 1 bank in the Nashville MSA in terms of deposits. Across its footprint, Pinnacle grew deposits in 13 out of 17 MSAs reported by the FDIC as of June 30, 2018, including some with double-digit growth and increases in market share ranking.
Pinnacle Invests in Scholarship for Educator Leadership Training
Pinnacle Financial Partners is sponsoring a scholarship for Marthel Young, principal of East Brainerd Elementary School, to take part in the Leadership Chattanooga program.
PNFP Reports Diluted EPS of $1.12, ROAA of 1.50% and ROTCE of 18.01% for 2Q 2018
Pinnacle reported net income per diluted common share of $1.12 for the quarter ended June 30, 2018. Excluding several items, net income per diluted common share was $1.15.
Pinnacle Financial Partners Opens Commercial Real Estate Office in Dallas
Pinnacle Financial Partners has opened a multifamily commercial real estate office in Dallas, TX, focused on its expanding Freddie Mac small balance loan program. The office is led by financial advisor Jim Going, who started at the firm in January.
Pinnacle Outpaces C&I Hiring Projections by Adding Significant Revenue Producers in 2Q 2018
Pinnacle Financial Partners’ longstanding hiring strategy continues to build momentum for growth across the firm’s franchise. The firm made significant commercial and industrial hires and is still running ahead of schedule in meeting its stated goal of hiring 65 C&I and private banking financial advisors in the Carolinas and Virginia.
Pinnacle Financial Partners Adds Veteran Commercial Bankers to Its Upstate Team
Pinnacle Financial Partners is adding significant experience and expertise to its team in Upstate South Carolina by bringing Brian Rogers and Chris Fowler on board as financial advisors. They will both serve commercial banking clients from the firm’s office on E. McBee Avenue.
Pinnacle Financial Partners Teams Up with Nashville Soccer Club
Nashville’s soccer club and Nashville’s bank have joined forces. Pinnacle Financial Partners has announced a new agreement to become a corporate partner and the official broadcast presenting sponsor of Nashville Soccer Club.
Artist Growth Launches Tour Financing Program with Pinnacle Financial Partners
Artist Growth and Pinnacle Financial Partners have joined together to launch a new financing program for live entertainers. This tour-financing program is the first offering arising from Artist Growth's strategic partnership with Nashville-based Pinnacle and aims to deliver a new model of financial services to the touring industry.
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