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Pinnacle Financial Partners Inc (PNFP.OQ)

PNFP.OQ on NASDAQ Stock Exchange Global Select Market

66.00USD
12:49am IST
Change (% chg)

$0.05 (+0.08%)
Prev Close
$65.95
Open
$65.85
Day's High
$66.50
Day's Low
$65.70
Volume
41,683
Avg. Vol
137,709
52-wk High
$71.55
52-wk Low
$58.40

Latest Key Developments (Source: Significant Developments)

PNFP reports diluted earnings per share of $0.83 for Q3
Wednesday, 18 Oct 2017 

Oct 17 (Reuters) - Pinnacle Financial Partners Inc ::PNFP reports diluted earnings per share of $0.83 for Q3 2017.Q3 earnings per share $0.90 excluding items.Q3 earnings per share $0.83.Q3 revenue $216.2 million versus I/B/E/S view $216.8 million.Q3 earnings per share view $0.90 -- Thomson Reuters I/B/E/S.Pinnacle Financial Partners Inc - ‍net interest income for quarter ended Sept. 30, 2017 was $173.2 million, compared to $106.6 million for Q2 of 2017​.  Full Article

Pinnacle Financial Partners Q2 EPS $0.75 excluding items
Wednesday, 20 Jul 2016 

Pinnacle Financial Partners Inc : Net interest income for quarter ended june 30, 2016 increased to $75.0 million, compared to $73.9 million for q1 of 2016 . Increased quarterly cash dividend to $0.14 per common share to be paid on aug. 26, 2016 . Anticipate improvement in future performance of non-prime consumer auto portfolio going forward . Pnfp reports diluted earnings per share of $0.73 for 2q 2016 . Q2 earnings per share $0.75 excluding items . Q2 earnings per share $0.73 . Q2 revenue $107.8 million . Q2 earnings per share view $0.75 -- Thomson Reuters I/B/E/S . Pnfp reports diluted earnings per share of $0.73 for 2q 2016 . Pinnacle financial partners inc says board of directors increased quarterly cash dividend to $0.14 per common share . Qtrly Shr Excluding Merger-Related charges, $0.75 .Q2 revenue view $104.3 million -- Thomson Reuters I/B/E/S.  Full Article

Avenue Financial shareholders approve merger with Pinnacle Financial
Wednesday, 22 Jun 2016 

Avenue Financial Holdings Inc : Avenue Financial Holdings, Inc. Shareholders approve merger with Pinnacle Financial Partners, Inc. . Merger is expected to close on or about July 1, 2016 .Avenue financial holdings, inc. Shareholders approve merger with pinnacle financial partners, inc..  Full Article

Pinnacle Financial Partners gets regulatory approvals to buy Avenue Financial Holdings
Friday, 20 May 2016 

Pinnacle Financial Partners Inc : Pinnacle Financial Partners obtains regulatory approvals to acquire Avenue Financial Holdings .Anticipates that merger of holding companies and banks should become effective late in Q2 or early in Q3 of 2016.  Full Article

Pinnacle Financial Partners Inc announces agreement to merge with Avenue Financial Holdings
Friday, 29 Jan 2016 

Pinnacle Financial Partners Inc:Signing of a definitive agreement for Avenue to merge into Pinnacle.Avenue shareholders will receive 0.36 shares of pinnacle's common stock and $2.00 in cash for every Avenue share.Says deal immediately accretive to operating earnings.Says proposed merger of Avenue with and into Pinnacle has been approved unanimously by each company's board of directors.Says transaction is currently valued at approximately $201.4 million.In addition to merger consideration, Pinnacle will assume $20.0 million of subordinated debt previously issued by Avenue.Deal comprised of stock consideration of approximately 3.7 million shares of pnfp common stock and $23.2 million in cash.Says Pinnacle plans to close its green hills office and consolidate into avenue's space.At closing, Avenue shareholders will own about 8.1 percent of the combined firm on a fully diluted basis.Sees avenue's bank subsidiary, Avenue Bank Pinnacle Bank to merge simultaneously with merger of respective parent cos.Systems conversions are scheduled to be completed during Q3 or Q4 of 2016.Until that time, Avenue will continue to operate under current brand as division of Pinnacle Bank once deal is consummated.  Full Article