Financials Pinnacle Financial Partners, Inc.

Equities

PNFP

US72346Q1040

Banks

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
80.29 USD -1.52% Intraday chart for Pinnacle Financial Partners, Inc. +0.99% -7.95%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,873 4,863 7,213 5,564 6,634 6,142 - -
Enterprise Value (EV) 1 4,873 4,863 7,213 5,564 6,634 6,142 6,142 6,142
P/E ratio 12.3 x 16 x 14.1 x 10.2 x 12.2 x 11.7 x 10.1 x 6.86 x
Yield 1% 0.99% 0.75% 1.2% 1.01% 1.12% 1.21% 1.15%
Capitalization / Revenue 4.73 x 4.27 x 5.43 x 3.6 x 3.91 x 3.42 x 3.03 x 2.71 x
EV / Revenue 4.73 x 4.27 x 5.43 x 3.6 x 3.91 x 3.42 x 3.03 x 2.71 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.12 x 1.04 x 1.43 x 1.06 x 1.15 x 0.99 x 0.91 x 0.79 x
Nbr of stocks (in thousands) 76,148 75,509 75,527 75,806 76,064 76,497 - -
Reference price 2 64.00 64.40 95.50 73.40 87.22 80.29 80.29 80.29
Announcement Date 1/21/20 1/19/21 1/18/22 1/18/23 1/16/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,030 1,140 1,328 1,545 1,695 1,797 2,026 2,269
EBITDA - - - - - - - -
EBIT 1 524.8 563.1 668 765.4 778.1 818.5 946.2 -
Operating Margin 50.95% 49.41% 50.3% 49.53% 45.89% 45.55% 46.7% -
Earnings before Tax (EBT) 1 497.5 371.4 651.9 697.5 714 677.2 798.8 1,145
Net income 1 400.9 304.7 512.1 545.6 547 529.8 613.2 900.4
Net margin 38.92% 26.74% 38.56% 35.3% 32.26% 29.49% 30.27% 39.68%
EPS 2 5.220 4.030 6.750 7.170 7.140 6.842 7.958 11.71
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.6400 0.6400 0.7200 0.8800 0.8800 0.8954 0.9754 0.9200
Announcement Date 1/21/20 1/19/21 1/18/22 1/18/23 1/16/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 341.6 339.5 343 390.1 410.6 401.8 401.8 489.2 408 396.3 428.1 435.5 459.4 475 477.9
EBITDA - - - - - - - - - - - - - - -
EBIT 1 172.7 169.1 160.5 194.1 211 199.7 190.1 201.9 204.6 181.4 181.3 194.3 214.8 222.5 211.4
Operating Margin 50.55% 49.8% 46.79% 49.77% 51.4% 49.71% 47.32% 41.27% 50.13% 45.78% 42.34% 44.61% 46.76% 46.84% 44.24%
Earnings before Tax (EBT) 1 169.4 166.4 157.6 181.1 183.8 174.9 171.3 245.9 168 128.9 151.3 160.8 177.2 187.5 182.2
Net income 1 132.8 129.7 125.3 141.3 144.9 134 133.5 193.5 128.8 91.18 120.1 124.9 138 148.3 140.2
Net margin 38.87% 38.21% 36.54% 36.23% 35.28% 33.36% 33.22% 39.55% 31.57% 23.01% 28.06% 28.68% 30.05% 31.21% 29.34%
EPS 2 1.750 1.710 1.650 1.860 1.910 1.760 1.760 2.540 1.690 1.190 1.570 1.616 1.781 1.895 1.846
Dividend per Share 2 0.1800 0.1800 0.2200 0.2200 0.2200 0.2200 0.2200 0.2200 0.2200 0.2200 0.2354 0.2246 0.2246 0.2246 0.2400
Announcement Date 10/12/21 1/18/22 4/18/22 7/19/22 10/18/22 1/18/23 4/17/23 7/18/23 10/17/23 1/16/24 4/22/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.57% 6.76% 10.5% 10.6% 9.81% 8.67% 9.48% 11.6%
ROA (Net income/ Total Assets) 1.52% 0.94% 1.43% 1.37% 1.19% 1.06% 1.13% -
Assets 1 26,374 32,418 35,813 39,821 45,963 49,755 54,052 -
Book Value Per Share 2 56.90 61.80 66.90 69.40 75.80 81.30 88.20 102.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/21/20 1/19/21 1/18/22 1/18/23 1/16/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
80.29 USD
Average target price
96.92 USD
Spread / Average Target
+20.71%
Consensus
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