Pinnacle Financial Q2 revenue beats estimates

Pinnacle Financial Partners

15/07/2025 22:45

Overview

Pinnacle Financial Q2 revenue beats analyst expectations, per LSEG data

Net income per diluted share rises 212.5% yr/yr to $2.00

Loan growth at 10.7% linked-quarter annualized, net interest margin up to 3.23%

Outlook

Company expects continued margin expansion into the third quarter of 2025

Pinnacle Financial optimistic about performance for remainder of 2025

Pinnacle Financial plans to rely on recent hires for loan growth

Result Drivers

LOAN GROWTH - Pinnacle's commercial and industrial loan segment showed strong growth, increasing 21.9% linked-quarter annualized, according to CFO Harold R. Carpenter.

NONINTEREST INCOME - Increase in noninterest income driven by wealth management and investment in Bankers Healthcare Group, contributing to overall revenue growth.

NET INTEREST MARGIN - Net interest margin increased to 3.23%, aiding in the earnings growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$504.99 mln
$499.50 mln (11 Analysts)
Q2 EPS
$2
Q2 Net Interest Income
$379.53 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 5 "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 $124.50, about 4.4% above its July 14 closing price of $119.04

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBwm28x9a

(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.)