Pinnacle Financial Partners, Inc.

PNFP 10-Q · Q1 2026

PNFP Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Interest And Fee Income Loans And Leases Held In Portfolio 1,260 548 +129.9%
Interest Income Debt Securities Operating 197 87 +126.4%
Other Interest And Dividend Income 57 34 +67.6%
Interest And Dividend Income Operating 1,514 669 +126.3%
Interest Expense Deposits 521 274 +90.1%
Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term 59 29 +103.4%
Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase 1 1 0.0%
Interest Expense Operating 581 304 +91.1%
Interest Income Expense Net 933 365 +155.6%
Show Business Segments breakouts
Banking · Operating Segments 757 349 +116.9%
Wealth · Operating Segments 8 2 +300.0%
Show Consolidation Items breakouts
Treasury and Corporate Other 167 14 +1092.9%
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal 76 17 +347.1%
Show Business Segments breakouts
Banking · Operating Segments 74 16 +362.5%
Show Consolidation Items breakouts
Treasury and Corporate Other 1 1 0.0%
Interest Income Expense After Provision For Loan Loss 857 348 +146.3%
Show Business Segments breakouts
Banking · Operating Segments 682 333 +104.8%
Wealth · Operating Segments 8 2 +300.0%
Show Consolidation Items breakouts
Treasury and Corporate Other 166 13 +1176.9%
Core Banking Fee Income 91 32 +184.4%
Show Business Segments breakouts
Banking · Operating Segments 81 25 +224.0%
Show Consolidation Items breakouts
Treasury and Corporate Other 10 7 +42.9%
Wealth Management Revenue 84 33 +154.5%
Show Business Segments breakouts
Banking · Operating Segments 4 5 -20.0%
Wealth · Operating Segments 80 28 +185.7%
Income Loss From Equity Method Investments 31 20 +55.0%
Capital Markets Income 18 3 +500.0%
Show Business Segments breakouts
Banking · Operating Segments 18 3 +500.0%
Loan Sales And Servicing Revenue 10 6 +66.7%
Show Business Segments breakouts
Banking · Operating Segments 10 6 +66.7%
Bank Owned Life Insurance Income 20 10 +100.0%
Debt And Equity Securities Gain Loss 3 -13 +123.1%
Noninterest Income Other 27 6 +350.0%
Noninterest Income 284 97 +192.8%
Show Business Segments breakouts
Banking · Operating Segments 116 41 +182.9%
Wealth · Operating Segments 81 28 +189.3%
Show Consolidation Items breakouts
Treasury and Corporate Other 88 28 +214.3%
Labor And Related Expense 396 172 +130.2%
Show Business Segments breakouts
Banking · Operating Segments 208 111 +87.4%
Wealth · Operating Segments 51 19 +168.4%
Show Consolidation Items breakouts
Treasury and Corporate Other 137 42 +226.2%
Occupancy Net 97 42 +131.0%
Show Business Segments breakouts
Banking · Operating Segments 40 18 +122.2%
Wealth · Operating Segments 2
Show Consolidation Items breakouts
Treasury and Corporate Other 56 24 +133.3%
Amortization Of Intangible Assets 48 1 +4700.0%
F D I C Insurance And Other Regulatory Fees 23 11 +109.1%
Business Combination Acquisition Related Costs 275
Show Merger-Related Costs [Axis] breakouts
Advisory Fee · Synovus Financial Corp 100
Equity Acceleration Expense · Synovus Financial Corp 70
Other Acquisition-Related Costs · Synovus Financial Corp 15
Other Employee-Related Costs · Synovus Financial Corp 91
Show Consolidation Items breakouts
Treasury and Corporate Other 272
Treasury and Corporate Other · Synovus Financial Corp 275
Show Business Acquisition breakouts
Synovus Financial Corp 275
Other Noninterest Expense 113 49 +130.6%
Noninterest Expense 952 275 +246.2%
Show Business Segments breakouts
Banking · Operating Segments 303 151 +100.7%
Wealth · Operating Segments 62 20 +210.0%
Show Consolidation Items breakouts
Treasury and Corporate Other 587 104 +464.4%
Income Before Taxes 189 170 +11.2%
Show Business Segments breakouts
Banking · Operating Segments 495 223 +122.0%
Wealth · Operating Segments 28 10 +180.0%
Show Consolidation Items breakouts
Treasury and Corporate Other -333 -63 -428.6%
Income Tax Expense (Benefit) 39 30 +30.0%
Net Income 150 140 +7.1%
Show Equity Components breakouts
Retained Earnings 150 140 +7.1%
Show Equity Method Investment Nonconsolidated Investee breakouts
Bankers Healthcare Group, LLC 69 44 +56.8%
Preferred Stock Dividends Income Statement Impact 15 4 +275.0%
Net Income Loss Available To Common Stockholders Basic 135 136 -0.7%
EPS (Basic) 0.89 1.78 -50.0%
EPS (Diluted) 0.89 1.77 -49.7%
Wtd Avg Shares (Basic) 150,998 76,727 +96.8%
Wtd Avg Shares (Diluted) 151,471 76,965 +96.8%
Revenue (Q)
Show Equity Method Investment Nonconsolidated Investee breakouts
Bankers Healthcare Group, LLC 302 241 +25.3%
Comprehensive Income 48 142 -66.2%
Other Comprehensive Income -102 2 -5200.0%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent -1 8 -112.5%
Accumulated Net Unrealized Investment Gain Loss -100 -4 -2400.0%
Accumulated Other Comprehensive Income -102 2 -5200.0%
Net unamortized holding (losses) gains on AFS securities transferred to HTM -1 -2 +50.0%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -1 9 -111.1%
Provision For Loan Lease And Other Losses 71 17 +317.6%
Show Valuation Allowances And Reserves Type breakouts
Commercial Real Estate -48 -12 -300.0%
Consumer Portfolio Segment 58 9 +544.4%
Total commercial and industrial 60 21 +185.7%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Non-Current Assets
Goodwill 3,478
Show Reporting Unit breakouts
Banking 3,104
Wealth 374
Total Assets 122,766
Show Equity Method Investment Nonconsolidated Investee breakouts
Bankers Healthcare Group, LLC 4,443
Intangible Assets 1,091
Show Finite Lived Intangible Assets By Major Class breakouts
Core Deposits 811
Customer Relationships 8
Other Intangible Assets 15
Wealth Customer Relationships 257
Other Assets
Cash And Due From Banks 609
Federal Funds Sold And Securities Purchased Under Agreements To Resell And Interest Earning Deposits With Banks 5,309
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 5,918 3,879 +52.6%
Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss 2,539
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 19
Fair Value Inputs Level2 2,322
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 2,539
Estimate Of Fair Value Fair Value Disclosure 2,341
Debt Securities Available For Sale Excluding Accrued Interest 16,939
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 2,723
Fair Value Inputs Level1 · US Treasury Securities 2,723
Fair Value Inputs Level2 · Corporate notes and other 279
Fair Value Inputs Level2 · Fair Value Measurements Recurring 14,216
Fair Value Inputs Level2 · Mortgage Backed Securities 12,338
Fair Value Inputs Level2 · US Government Agencies Debt Securities 192
Fair Value Inputs Level2 · US States And Political Subdivisions 1,407
Show Financial Instrument breakouts
Corporate Debt Securities 279
Corporate notes and other 279
Corporate notes and other · Fair Value Measurements Recurring 279
Mortgage Backed Securities 12,338
Mortgage Backed Securities · Fair Value Measurements Recurring 12,338
US Government Agencies Debt Securities 192
US Government Agencies Debt Securities · Fair Value Measurements Recurring 192
US States And Political Subdivisions 1,407
US States And Political Subdivisions · Fair Value Measurements Recurring 1,407
US Treasury Securities 2,723
US Treasury Securities · Fair Value Measurements Recurring 2,723
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 16,939
Loans Receivable Held For Sale Amount 251
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 205
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 205
Estimate Of Fair Value Fair Value Disclosure 205
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss 85,197
Show Business Segments breakouts
Banking · Operating Segments 83,642
Wealth · Operating Segments 1
Show Legal Entity breakouts
Pinnacle Bank · Bankers Healthcare Group, LLC 92
Show Consolidation Items breakouts
Treasury and Corporate Other 1,554
Show Financing Receivable Portfolio breakouts
Commercial Real Estate 23,760
Commercial Real Estate · 1-4 family properties 1,928
Commercial Real Estate · 1-4 family properties 2
Commercial Real Estate · 1-4 family properties 2
Commercial Real Estate · 1-4 family properties 1,935
Commercial Real Estate · Accruing 30-89 Days Past Due 6
Commercial Real Estate · Current 23,628
Commercial Real Estate · Investment properties 20,763
Commercial Real Estate · Investment properties 4
Commercial Real Estate · Investment properties 4
Commercial Real Estate · Investment properties 20,888
Commercial Real Estate · Land and development 937
Commercial Real Estate · Land and development 937
Commercial Real Estate · Total Accruing Past Due 6
Consumer Portfolio Segment 13,240
Consumer Portfolio Segment · Accruing 30-89 Days Past Due 52
Consumer Portfolio Segment · Accruing 90 Days or Greater Past Due 3
Consumer Portfolio Segment · Consumer Loan 8,153
Consumer Portfolio Segment · Consumer Loan 20
Consumer Portfolio Segment · Consumer Loan 20
Consumer Portfolio Segment · Consumer Loan 8,234
Consumer Portfolio Segment · Credit Card Receivables 223
Consumer Portfolio Segment · Credit Card Receivables 2
Consumer Portfolio Segment · Credit Card Receivables 2
Consumer Portfolio Segment · Credit Card Receivables 4
Consumer Portfolio Segment · Credit Card Receivables 227
Consumer Portfolio Segment · Current 13,100
Consumer Portfolio Segment · Home Equity 3,120
Consumer Portfolio Segment · Home Equity 18
Consumer Portfolio Segment · Home Equity 1
Consumer Portfolio Segment · Home Equity 19
Consumer Portfolio Segment · Home Equity 3,157
Consumer Portfolio Segment · Other consumer loans 1,604
Consumer Portfolio Segment · Other consumer loans 12
Consumer Portfolio Segment · Other consumer loans 12
Consumer Portfolio Segment · Other consumer loans 1,622
Consumer Portfolio Segment · Total Accruing Past Due 55
Total commercial and industrial 48,197
Total commercial and industrial · Accruing 30-89 Days Past Due 51
Total commercial and industrial · Accruing 90 Days or Greater Past Due 5
Total commercial and industrial · Commercial, financial and agricultural 33,930
Total commercial and industrial · Commercial, financial and agricultural 42
Total commercial and industrial · Commercial, financial and agricultural 5
Total commercial and industrial · Commercial, financial and agricultural 47
Total commercial and industrial · Commercial, financial and agricultural 34,151
Total commercial and industrial · Current 47,893
Total commercial and industrial · Owner-occupied 13,963
Total commercial and industrial · Owner-occupied 9
Total commercial and industrial · Owner-occupied 9
Total commercial and industrial · Owner-occupied 14,046
Total commercial and industrial · Total Accruing Past Due 56
Show Financing Receivables Period Past Due breakouts
Accruing 30-89 Days Past Due 109
Accruing 90 Days or Greater Past Due 8
Current 84,621
Total Accruing Past Due 117
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest -942 -417 -125.9%
Show Valuation Allowances And Reserves Type breakouts
Commercial Real Estate -217 -99 -119.2%
Consumer Portfolio Segment -236 -89 -165.2%
Total commercial and industrial -489 -230 -112.6%
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss 84,255
Bank Owned Life Insurance 2,181
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 907
Core Deposits And Other Intangible Assets Net 1,091
Other Assets 5,207
Non-Current Liabilities
Total Liabilities 108,172
Show Equity Method Investment Nonconsolidated Investee breakouts
Bankers Healthcare Group, LLC 3,951
Other Liabilities
Noninterest Bearing Deposit Liabilities 20,388
Interest Bearing Deposit Liabilities And Time Deposits 79,715
Deposits 100,103
Show Business Segments breakouts
Banking · Operating Segments 88,433
Wealth · Operating Segments 2,477
Show Consolidation Items breakouts
Treasury and Corporate Other 9,193
Federal Funds Purchased And Securities Sold Under Agreements To Repurchase 308
Federal Home Loan Bank F H L B Advances And Other Borrowings 5,741
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level3 5,769
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 5,741
Estimate Of Fair Value Fair Value Disclosure 5,769
Other Liabilities 2,020
Stockholders' Equity
Preferred Stock Value 781
Common Stock 151
Additional Paid-In Capital 10,102
Accumulated Other Comprehensive Income -225
Retained Earnings 3,785
Total Stockholders' Equity 14,594 6,543 +123.0%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent -31 -18 -72.2%
Accumulated Net Unrealized Investment Gain Loss -205 -164 -25.0%
Accumulated Other Comprehensive Income -225 -166 -35.5%
Additional Paid In Capital 10,102 3,122 +223.6%
Common Stock 151 77 +96.1%
Net unamortized holding (losses) gains on AFS securities transferred to HTM 11 16 -31.2%
Preferred Stock 781 217 +259.9%
Retained Earnings 3,785 3,293 +14.9%
Show Equity Method Investment Nonconsolidated Investee breakouts
Bankers Healthcare Group, LLC 492
Total Liabilities & Equity 122,766
Show Equity Method Investment Nonconsolidated Investee breakouts
Bankers Healthcare Group, LLC 4,443

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation Amortization And Accretion Net 303 38 +697.4%
Debt Securities Available For Sale Realized Gain Loss -3 13 -123.1%
Deferred Income Taxes 163 17 +858.8%
Payments For Origination And Purchases Of Loans Held For Sale -2,724 -741 -267.6%
Proceeds From Sale Of Loans Held For Sale 2,681 783 +242.4%
Gain Loss On Sale Of Loans Held For Sale Net -5 -3 -66.7%
Equity Method Investment Dividends Or Distributions 1 25 -96.0%
Show Legal Entity breakouts
Pinnacle Bank · Bankers Healthcare Group, LLC 1 25 -96.0%
Stock-Based Compensation 89 11 +709.1%
Change in Prepaid & Other Assets 351 -86 +508.1%
Increase Decrease In Other Accounts Payable And Accrued Liabilities -124 -212 +41.5%
Other Operating Activities Cash Flow Statement -1 -4 +75.0%
Net Cash from Operations 926 -22 +4309.1%
Investing Activities
Payments To Acquire Businesses Net Of Cash Acquired 2,537
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities 45 23 +95.7%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 452 67 +574.6%
Proceeds From Sale Of Available For Sale Securities Debt 5,107 188 +2616.5%
Purchases of Investments -6,229 -583 -968.4%
Proceeds From Sale Of Loans 3 9 -66.7%
Payments For Proceeds From Loans And Leases -2,374 -680 -249.1%
Payments For Proceeds From Federal Home Loan Bank Stock -83 6 -1483.3%
Payments For Proceeds From Federal Reserve Bank Stock -257
Purchases Of Bank Owned Life Insurance Policies Net Of Settlements 3 -100 +103.0%
Capital Expenditures -15 -20 +25.0%
Other Investing Activities 17 -73 +123.3%
Net Cash from Investing -794 -1,163 +31.7%
Financing Activities
Increase Decrease In Deposits 1,391 1,636 -15.0%
Increase Decrease In Federal Funds Purchased Securities Sold Under Repurchase Agreements And Other Short Term Borrowings -57 34 -267.6%
Repayments Of Long Term Debt -3,050
Proceeds From Issuance Of Long Term Debt 4,100
Payments Of Dividends Common Stock -75 -19 -294.7%
Payments Of Dividends Preferred Stock And Preference Stock -15 -4 -275.0%
Proceeds From Stock Options Exercised Net Of Taxes Paid -73 -19 -284.2%
Net Cash from Financing 2,221 1,628 +36.4%
Supplemental
Income Taxes Paid -42 2 -2200.0%
Interest Paid 483 308 +56.8%
Other Cash Flow
Net Change in Cash 2,353 443 +431.2%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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