Pinnacle Financial Partners, In (PNFP) Stock Price & How to Invest
Last updated July 2026
Short answer
Pinnacle Financial Partners (PNFP) is a Nashville-based regional bank that roughly doubled in size when its all-stock merger with Synovus closed in January 2026, creating a Southeast-focused lender with about $123 billion in assets. It is a mid-cap regional bank story where the near-term picture is dominated by executing a large merger integration.
PNFP stock price
As of 2026-07-14, Pinnacle Financial Partners, In (PNFP) last closed at $100.63, down 12.4% over the past year. Over the past 52 weeks it has traded between $82.10 and $118.88.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Pinnacle Financial Partners, In's investor relations page. Walnut is informational, not investment advice.
What does Pinnacle Financial Partners, In (PNFP) do?
Pinnacle Financial Partners is a bank holding company headquartered in Nashville, Tennessee, that operates through Pinnacle Bank across primarily urban markets in the Southeast, including Tennessee, Georgia, North Carolina, South Carolina, Alabama, Florida, Virginia, and Texas. It makes most of its money from net interest income (the spread between what it earns on commercial and real estate loans and what it pays on deposits) and from fee income across wealth management, service charges, and its roughly 49% stake in Bankers Healthcare Group (BHG), a lender to healthcare and professional practices. The bank has long marketed itself on relationship banking, local decision-making, and recruiting experienced bankers, and it ranks among the top banks by deposits in the Nashville market.
The defining event is the all-stock merger of equals with Synovus Financial, which closed on January 2, 2026 in a deal originally valued around $8.6 billion. The combined company keeps the Pinnacle name and trades under PNFP, with legacy Pinnacle holders owning roughly 51.5% and Synovus holders about 48.5%. That transaction turned PNFP from a roughly $56 billion bank into a regional player with about $123 billion in assets, roughly $85 billion in loans and $100 billion in deposits as of the first quarter of 2026. As a result, the investment picture is largely a merger-integration and Southeast-growth story, with full system conversion and brand consolidation targeted for late 2026 into 2027.
What's driving Pinnacle Financial Partners, In (PNFP)?
1. Synovus merger scale and synergies
The Synovus combination roughly doubled Pinnacle's balance sheet and extended its footprint across the Southeast. Management has pointed to realizing a large share of targeted cost savings by 2027, with a portion recognized in 2026. Successful integration would create one of the larger banks focused on high-growth Southeastern markets.
2. Southeast market and deposit franchise
Pinnacle concentrates on growing urban markets in Tennessee, Georgia, the Carolinas, and Texas, where population and business migration have been favorable. The combined company holds strong local deposit share in several metros, including a leading position in Nashville. A durable low-cost deposit base supports net interest margin over time.
3. Loan growth and net interest income
Legacy Pinnacle historically grew loans and deposits faster than many peers, and net interest income expanded at a double-digit rate in 2025. The larger combined loan book generated net interest income of roughly $933 million in the first quarter of 2026. Continued balance-sheet expansion and margin stability are central to the earnings trajectory.
4. Fee income and BHG
Noninterest revenue comes from wealth management, deposit service charges, and Pinnacle's roughly 49% interest in Bankers Healthcare Group, which lends to healthcare and professional borrowers. Fee income grew meaningfully in 2025, and BHG remains a swing factor that can add to or subtract from results depending on origination volumes and credit.
What are the risks to Pinnacle Financial Partners, In (PNFP)?
The biggest near-term risk is merger integration: converting systems, retaining bankers and clients, and hitting synergy targets across a much larger organization carries execution risk. As a commercial and real estate lender, Pinnacle is exposed to credit deterioration, including in commercial real estate, if the economy weakens. Net interest margin is sensitive to interest rates and deposit competition, and BHG earnings can be volatile with loan demand and credit trends. Regional banks also face heightened regulatory scrutiny and deposit-flight sensitivity following industry stress in recent years. Rapid growth through acquisition can strain risk controls if not managed carefully.
How is Pinnacle Financial Partners, In (PNFP) valued? (approximate, July 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Pinnacle Financial Partners, In's investor relations page or your broker.
- Total assets: ~$123B
- Net interest income (Q1 2026): ~$933M
- Total revenue (annualized run-rate): ~$4.9B
- Market cap: ~$14B
- P/E (trailing): ~13x
- Price/Book: ~1.1x
These figures reflect the combined company after the Synovus merger closed in January 2026, so year-over-year comparisons against legacy Pinnacle are not apples to apples. The bank traded at a modest premium to book value and a low-teens earnings multiple, roughly in line with other large regional banks. Reported results in 2026 carry sizable merger-related charges, so headline and adjusted earnings can differ materially.
Who competes with Pinnacle Financial Partners, In (PNFP)?
Southeast super-regional banks
Regions Financial, Truist, First Horizon, Cadence Bank, and United Community Banks compete directly for commercial lending, deposits, and talent across Pinnacle's core Southeastern markets.
Large national banks
JPMorgan Chase, Bank of America, and Wells Fargo compete on scale, technology, and pricing for larger corporate clients and consumer deposits in the same metros.
Community banks and specialty lenders
Smaller community banks compete for local relationship business, while specialty and online lenders (including channels similar to BHG's) compete for healthcare and professional-practice loans.
How to invest in Pinnacle Financial Partners, In (PNFP)
There are three common ways to get PNFP exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so PNFP sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where PNFP fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on Pinnacle Financial Partners, In (PNFP)
PNFP is now a large Southeast regional bank whose investment picture hinges on how cleanly it integrates the Synovus combination and how its commercial-heavy loan book performs through the credit cycle.
More on Pinnacle Financial Partners, In (PNFP)
Whether PNFP is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is PNFP a buy?, and where the stock could go from here in the PNFP stock forecast.
For income investors, whether PNFP pays a dividend and how the payout looks is covered in does PNFP pay a dividend?
Build a basket around PNFP with Walnut
Use Pinnacle Financial Partners, In as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What does Pinnacle Financial Partners do?
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It is a bank holding company that operates Pinnacle Bank, offering commercial and consumer lending, deposits, and wealth management across primarily urban markets in the Southeastern United States. Most of its income comes from lending spreads plus fee income.
What is the Synovus merger and when did it close?
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Pinnacle and Synovus Financial combined in an all-stock merger of equals that closed on January 2, 2026. The deal, originally valued around $8.6 billion, created a Southeast-focused bank of roughly $123 billion in assets that keeps the Pinnacle name and trades under PNFP.
Where is Pinnacle Financial headquartered?
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It is headquartered in Nashville, Tennessee, and operates across the Southeast, including Tennessee, Georgia, the Carolinas, Alabama, Florida, Virginia, and Texas.
How big is PNFP now?
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After the Synovus merger, the combined company reported about $123 billion in total assets, roughly $85 billion in loans, and about $100 billion in deposits as of the first quarter of 2026, roughly double legacy Pinnacle's prior size.
How does Pinnacle make money?
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Primarily through net interest income, the spread between interest earned on loans and paid on deposits, plus noninterest fee income from wealth management, service charges, and its roughly 49% stake in Bankers Healthcare Group.
What is BHG and why does it matter to PNFP?
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Bankers Healthcare Group is a lender to healthcare and professional-practice borrowers in which Pinnacle holds roughly a 49% interest. It contributes fee income and can be a meaningful swing factor in results depending on loan volumes and credit performance.
What are the main risks for PNFP investors?
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Key risks include executing the large Synovus integration, credit losses if the economy or commercial real estate weakens, interest-rate and deposit-competition pressure on margins, BHG earnings volatility, and the general regulatory and deposit-sensitivity risks facing regional banks.
Who are Pinnacle Financial's main competitors?
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It competes with Southeast super-regionals such as Regions Financial, Truist, First Horizon, Cadence Bank, and United Community Banks, with large national banks like JPMorgan and Bank of America, and with community banks and specialty lenders for local and professional-practice business.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Pinnacle Financial Partners, In's investor relations page or your broker before making investment decisions.