Pinnacle Financial Partners, Inc. reports results for the quarter ended September 30 - Earnings Summary
Pinnacle Financial Partners, Inc. reports results for the quarter ended September 30 - Earnings Summary
Pinnacle Financial Partners, Inc. PNFP.N reported quarterly adjusted earnings of $2.69 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $2.27. The mean expectation of twenty one analysts for the quarter was for earnings of $2.63 per share. Wall Street expected results to range from $2.56 to $2.76 per share.
Revenue rose 140.8% to $1.31 billion from a year ago; analysts expected $1.28 billion.
Pinnacle Financial Partners, Inc.'s reported EPS for the quarter was $2.40.
The company reported quarterly net income of $364 million.
Pinnacle Financial Partners, Inc. shares had risen by 1.8% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Pinnacle Financial Partners, Inc. is $117.00, about 16.1% above its last closing price of $98.21
This summary was machine generated from LSEG data October 21 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 2.63 | 2.69 | Beat |
Jun. 30 2026 | 2.46 | 2.50 | Beat |
Mar. 31 2026 | 2.26 | 2.39 | Beat |
Dec. 31 2025 | 2.24 | 2.24 | Met |
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Brief: Pinnacle Financial Partners Posts Q3 Adj EPS $2.69