Pinnacle Financial Partners Q3 revenue up 16.7% on loan growth

Pinnacle Financial Partners

15/10/2025 22:57

Overview

Pinnacle Q3 revenue increased 16.7% yr/yr, driven by loan growth

Adjusted EPS for Q3 increased 22% yr/yr, reflecting improved operational performance

Pinnacle progresses on Synovus merger, expects regulatory approvals by early 2026

Outlook

Pinnacle expects continued expansion of net interest margin in Q4 2025

Company anticipates Federal funds rate decreases in Q4 2025

Pinnacle projects cost savings of $250 mln from Synovus merger

Result Drivers

LOAN GROWTH - Co cites strong loan growth, particularly in the commercial and industrial segment, as a key driver of Q3 results

NONINTEREST INCOME - Significant contribution from Banker's Healthcare Group boosted noninterest income, aiding overall revenue growth

NET INTEREST MARGIN - Deliberate focus on managing funding costs led to an expanded net interest margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$544.80 mln
Q3 EPS
$2.19
Q3 Net Interest Income
$396.87 mln
Q3 Net Interest Margin (%)
3.26%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Pinnacle Financial Partners Inc is $110.00, about 18.1% above its October 15 closing price of $90.09

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw5Yz9PXa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)