PINNACLE FINANCIAL PARTNERS INC (PNFP)

Pinnacle Financial Partners, Inc. is a bank holding company, which engages in the provision of financial solutions. It offers banking, investment, trust, mortgage, and insurance products and services designed for businesses and individuals. The company was founded by Dale W. Polley, M. Terry Turner, Sue G. Atkinson, Reese L. Smith III, and Robert A. McCabe, Jr. on February 28, 2000, and is headquartered in Nashville, TN.

Address

150 THIRD AVENUE SOUTH
NASHVILLE, TN 37201

Founded

2000

Number of Employees

3,357

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$2,321 $2,653 $3,278 $4,795 $27,541 $66,347 $56,169 $7,741 $10,503 $7,913 $15,069 $18,576
Average Price $33.68 $40.43 $48.90 $67.51 $53.97 $55.73 $50.39 $79.57 $99.82 $72.40 $82.88 $57.05
# Shares Purchased 68,909 65,624 67,038 71,023 510,273 1,190,540 1,114,662 97,286 105,227 109,302 181,810 325,609
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 179.1% 132.5% 92.2% 39.2% 74.2% 68.7% 86.5% 18.1% -5.8% 29.8% 13.4% 64.8%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -2.8% -40.5% -76.4% -90.5% -30.7% -24.4% 11.7% -13.5% -43.1% -1.5% 6.0% -29.2%
Quartile Rank
Percentile Rank 72% 66% 57% 52% 65% 66% 69% 61% 40% 70% 68% 76%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.