Reading PNFP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PNFP free→Reading PNFP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PNFP free→NYSEFinancialsBanks - RegionalSnapshot 2026-06-15
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and earnings quality is neutral. Management's recent track record has been fairly steady, but the capital stance is capital unfriendly. Risk is low, while the sector backdrop is a headwind, and compared with sector peers, PNFP is typical. Peer multiples imply a price about 12% above where it trades (it looks cheap on this basis); the read is fair, but weakening. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 8 valuation methods, at three horizons. Current price $96.14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $96 PNFP trades at 11× p/e, below its 12× p/e peer median. Our $109 fair value sits above the price; high confidence. Analysts: $109–$120. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 12% below a flat-multiple fair value, below our forecast of about 23%. This describes what's priced in, not a forecast of the move.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
Over the trailing year it converted 1.36x of net income into operating cash flow. Historically, Financials names rated neutral grew net income 58% of the time over the next year (vs 55% for the rest of the cohort, n=4725).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $2.51 → $2.50 (-0.7% / 30d). 8 raised, 8 cut, 15 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 74% of analysts rate Buy.
1 PT revisions / 30d. Avg target 21.9% above current price.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$102.
How much price usually moves either way.
On a bad day, this stock has moved -$251.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,971.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings results will show how well the company is doing after the merger.
Confirms one read:The earnings report shows strong results and a positive outlook.
Confirms the other:The earnings report shows weak results or negative guidance.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PNFP yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Entry into a Material Definitive Agreement On May 12, 2026, Pinnacle Financial Partners, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”), by and among the Company and Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Goldman Sachs & Co. LLC, as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to sell to the Underwriters $750 million aggregate principal amount of its 5.596% Fixed…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$109.00 – $120.00 (median $115.00) · 5 analysts · as of 2026-05-19
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Regional Banks.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PNFP Pinnacle Financial Partners | Typical Show detailsSector percentile: 61 of 100 | fair | low |
HDB HDFC BANK LTD | — | — | moderate |
IBN ICICI BANK LTD | — | — | moderate |
ITUB ITAU UNIBANCO HOLDING SA | — | — | moderate |
FITB Fifth Third Bancorp | Below typical Show detailsSector percentile: 2 of 100 | expensive | moderate |
3 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated neutral grew net income 57% of the time over the next year (vs 55% for the rest of the cohort, n=5004).
Not investment advice. As of 2026-06-15.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Finalize the merger with Synovus to create a leading regional bank.
Allocate capital by issuing $750 million in senior notes to support liquidity.
Accelerate hiring of revenue producers to drive growth post-merger.
Finalize the business combination transaction with Synovus Financial Corp.
Why it matters: If the company raises capital well, it helps their financing plans.
Confirms:The $750 million Senior Notes are fully subscribed and issued as planned.
Disproves:Delays or failures in issuing would show problems in raising capital.
Why it matters: If the merger works well, it can help growth and efficiency.
Confirms:Completion of all 1,500 milestones in the merger integration plan by the end of Q3 2026.
Disproves:Delays in merger steps are longer than planned.
Why it matters: More hiring shows growth and helps make money in the future.
Confirms:Hiring of 70-80 revenue producers in Q2 2026 as forecasted.
Disproves:Hiring falls below 50 revenue producers in Q2 2026.
Why it matters: A drop in revenue growth signals a potential slowdown. It could affect investor confidence.
Confirms:Revenue growth is below the median, showing slower growth.
Disproves:Revenue growth is stable or better, showing strength in finance.
Why it matters: A stable NIM shows good management of interest income and costs.
Confirms:NIM for Q2 2026 was about 3.50% as expected.
Disproves:NIM falls below 3.40% in Q2 2026.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant On May 19, 2026, Pinnacle Financial Partners, Inc. (the “Company”) completed its previously-announced public offering of $750 million aggregate principal amount of its 5.596% Fixed Rate / Floating Rate Senior Notes due 2032 (the “Notes”). The Notes were registered pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-292560). The Notes were issued under…
Other Events. On January 1, 2026, Synovus Financial Corp., a Georgia corporation (“Synovus”) and Pinnacle Financial Partners, Inc., a Tennessee corporation (“Legacy Pinnacle”), completed their business combination transaction and each simultaneously merged with and into Pinnacle Financial Partners, Inc. (formerly Steel Newco Inc.), a Georgia corporation jointly owned by Synovus and Legacy Pinnacle (the “Company” and such mergers, collectively, the “Merger”), with the Company continuing as the…
Results of Operations and Financial Condition On April 22, 2026, Pinnacle Financial Partners, Inc. (the "Company") issued a press release announcing the Company’s financial results for the three month period ended March 31, 2026. Pursuant to General Instruction F to Current Report on Form 8-K, the press release is attached to this Current Report as Exhibit 99.1 and only those portions of the press release related to the historical results of operations of the Company for the three month perio…