Pinnacle Financial Partners
PNFP · NYSENational Commercial Banks · Fiscal year ends Dec 31
Net income was $642M. Operating cash flow of $759M less capital expenditure of $80M left free cash flow of $679M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Net interest incomeBanks | $1.3B | $1.4B | $1.5B |
| Income tax | $152M | $106M | $138M |
| Net income | $562M | $475M | $642M |
| Diluted EPS | 7.14 | 5.96 | 8.07 |
| Diluted shares | 77M | 77M | 78M |
Balance sheet
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Cash & equivalents | $2.2B | $3.4B | $3.6B |
| Net PP&E | – | $311M | $340M |
| Goodwill | – | $1.8B | $1.8B |
| Total assets | – | $52.6B | $57.7B |
| DepositsBanks | – | – | $47.4B |
| Total liabilities | – | $46.2B | $50.7B |
| Shareholders' equity | $6B | $6.4B | $7B |
Cash flow
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Operating cash flow | $478M | $904M | $759M |
| Capital expenditure | $78M | $95M | $80M |
| Free cash flow | $400M | $810M | $679M |
| Depreciation & amortisation | $30M | $35M | $37M |
| Stock-based compensation | $42M | $41M | $44M |
| Dividends paid | $69M | $69M | $75M |
Key ratios
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| EPS growth (YoY) | – | −16.5% | 35.4% |
| Return on equityBlank when equity is negative | 9.3% | 7.4% | 9.1% |
| Cash conversion (CFO ÷ net income) | 0.85x | 1.90x | 1.18x |
Recent filings
More in National Commercial Banks
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.