NYSE$PNFP

Pinnacle Financial Partners Inc. · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Pinnacle Financial posted strong Q1 2025 results with notable loan and deposit growth.

PNFP delivered solid Q1 2025 results with year-over-year gains in EPS and revenue, driven by strong loan and deposit growth amid economic uncertainty.

  • Adjusted EPS rose to $1.90 from $1.53 last year
  • Net income reached $136.6 million for the quarter
  • Loans grew 9.0% year-over-year to $36.1 billion
  • Noninterest-bearing deposits grew at a 16.5% annualized rate

Headline financials

Total Revenue

$463M

Previous: $428M+8.1%
EPS (adj)

$1.90

Previous: $1.53+24.2%
Efficiency Ratio

59.5%

Previous: 56.6%+5.1%
Net Interest Margin

3.2%

Previous: 3.0%+5.6%
Return on Avg Assets

1.1%

Previous: 1.0%+5.0%
Return on Avg Tangible Common Equity

12.5%

Previous: 12.1%+3.3%
Net Charge-offs / Avg Loans

0.2%

Previous: 0.2%-20.0%
Total Loans

$36.1B

Previous: $33.2B+9.0%
Total Deposits

$44.5B

Previous: $39.4B+12.9%
Net Income

$137M

Previous: $124M+10.2%
Operating Income

$170M

Previous: $151M+12.6%
Cash & Equivalents

$3.88B

Previous: $2.71B+43.3%
Total Assets

$54.3B

Previous: $48.9B+11.0%

Revenue & EPS history

Pinnacle Financial · Revenue · Quarterly

$463M

Q1 2025+8.1%vs Q1 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Pinnacle Financial · $49.9M total across 4 segments · Q1 2025

  • Investment Services
    $18.8M+27.6%
  • Service Charges
    $17M+26.7%
  • Trust Fees
    $9.34M+26.0%
  • Insurance Commissions
    $4.67M+21.3%

Forward guidance

Management reiterated their 2025 guidance for 8–11% loan growth and expressed confidence in deposit momentum.

Tailwinds

  • Strong pipeline for revenue producers
  • Loan growth on track to meet 2025 targets
  • Continued market expansion through hiring
  • Robust balance sheet growth
  • Improved net interest margin performance

Headwinds

  • Economic uncertainty could impact asset quality
  • Volatility in securities losses may continue
  • Higher noninterest expenses driven by expansion
  • Dependence on hiring to sustain growth
  • Continued inflationary and policy-related headwinds

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.4%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.8%

Avg return

30 days after

60%

24 / 40 earnings

Positive

+6.1%

Q2 2020

Best reaction

-5.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.3%+0.1%-1.5%
Q4 2025-4.1%-6.3%-0.7%
Q3 2025-5.9%-1.8%-1.0%
Q2 2025+1.4%+1.7%-19.7%
Q1 2025+2.3%+3.2%+20.3%
Q4 2024+0.3%+2.8%-1.4%
Q3 2024+1.2%+6.4%+24.3%
Q2 2024+2.8%+4.9%+0.9%
Q1 2024+2.4%+1.0%+2.5%
Q4 2023-1.9%+1.6%+0.7%
Q3 2023+1.3%-9.8%+5.9%
Q2 2023+5.6%+14.2%+9.3%
Q1 2023+3.7%+3.6%-5.2%
Q4 2022+0.9%-3.3%+4.8%
Q3 2022+0.2%-8.7%-8.5%
Q2 2022+3.6%+6.4%+20.2%
Q1 2022+0.2%-3.4%-10.8%
Q4 2021-2.3%-7.8%-12.6%
Q3 2021+1.3%+3.9%+4.9%
Q2 2021+4.1%+5.9%+9.2%
Q1 2021-0.7%-4.0%-2.2%
Q4 2020+0.5%+4.6%+12.0%
Q3 2020+2.2%+14.3%+36.9%
Q2 2020+6.1%+8.2%+5.7%
Q1 2020-1.2%-9.1%-5.4%
Q4 2019-2.1%-4.3%+0.1%
Q3 2019+1.0%+3.7%+6.9%
Q2 2019-0.4%+4.8%-5.9%
Q1 2019-2.3%-1.7%-2.2%
Q4 2018+0.4%+5.6%+9.3%
Q3 2018-1.3%-3.0%-3.7%
Q2 2018-0.6%+3.9%+6.9%
Q1 2018-0.2%-0.4%+3.5%
Q4 2017-1.0%-6.6%-6.5%
Q3 2017-1.7%+1.7%-2.0%
Q2 2017+0.4%+2.2%-5.3%
Q1 2017+1.9%+5.7%-1.5%
Q4 2016-4.0%-6.9%+4.5%
Q3 2016+0.6%-3.7%+16.3%
Q2 2016-0.0%-0.4%+2.2%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q1 2010
Q4 2012
Q3 2012
Q2 2012
Q1 2011
Q1 2012
Q4 2011
Q4 2010
Q4 2009
Q3 2010
Q3 2011
Q2 2010
Q2 2011

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