NYSE$PNFP
Pinnacle Financial Partners Inc. · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Reported diluted EPS of $1.91 and net interest margin held at 3.22 percent.
Pinnacle Financial Partners reported a strong fourth quarter with diluted earnings per share of $1.91, a 60.5% increase compared to the same quarter last year. Loan and deposit growth were remarkable, with linked-quarter annualized increases of 13.7% and 18.4%, respectively. The net interest margin was maintained at 3.22%, and net interest income grew by 14.0% annualized.
- Diluted earnings per share for Q4 2024 were $1.91, up 60.5% year-over-year.
- Loan growth reached 13.7% and deposit growth reached 18.4%, linked-quarter annualized.
- Net interest margin was held steady at 3.22%.
- 35 new revenue producers added in Q4 2024
Headline financials
Revenue & EPS history
Pinnacle Financial · Revenue · Quarterly
$475M
Revenue by segment
Pinnacle Financial · $112M total across 8 segments · Q4 2024
- Other Noninterest Income$50.4M—45.2%
- Investment Services$19.2M—17.2%
- Service Charges$15.2M—13.6%
- Equity Investment (BHG)$12.1M—10.8%
- Trust Fees$9.1M—8.2%
- Insurance Commissions$2.9M—2.6%
- Mortgage Gains$2.34M—2.1%
- Investment Losses$249K—0.2%
Forward guidance
Pinnacle Financial anticipates that a steeper yield curve will positively impact future results. They also expect their experienced bankers and advantaged markets to continue attracting clients, which should support rapid revenue growth in 2025. The company is focused on loan and deposit pricing as they enter 2025.
Tailwinds
- Anticipate positive impact from a steeper yield curve.
- Expect continued client attraction due to experienced bankers and advantaged markets.
- Focus on loan and deposit pricing.
- Loan beta performance is approximately 45 percent.
- Deposit beta performance of approximately 58 percent.
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 Q4 2024
+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
| Quarter | Report date | Reaction (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% | |
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