Pinnacle Posts $2.40 EPS, $2.69 Adjusted, as Merger-Era Growth Holds
PNFP sits 18% above its 52-week low of $81.08.
Summary
Pinnacle reported Q3 2026 diluted EPS of $2.40 ($2.69 adjusted) versus $2.19 a year ago, with adjusted revenue up 7% sequentially and CET1 at 10.01%. Guidance was affirmed and credit stayed stable, though net interest margin slipped 4 bps to 3.40%.
Key Events · Earnings and Guidance · PNFP
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Q3 EPS Beats Year-Ago Level
Diluted EPS of $2.40 versus $2.19 in 3Q25; adjusted diluted EPS of $2.69 versus $2.27, a 19% increase.
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Revenue Growth, Margin Compression
Adjusted revenue (TE) of $1,318M rose 7% linked-quarter; net interest income grew 3% to $986M while NIM fell 4 bps to 3.40% on higher deposit costs and liquidity build.
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Balance Sheet and Capital Build
Loans of $89.8B (+$1.7B, 2% QoQ) and deposits of $103.0B (+$2.1B, 2% QoQ); CET1 rose 8 bps to 10.01%, with no share repurchases expected in 2026.
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Credit Quality Stable
NPA ratio flat at 0.50%, net charge-off ratio 0.23%, and allowance for credit losses at 1.19% of loans.
Analysis · PNFP · Finance
The Synovus combination is performing as promised, with adjusted EPS of $2.69 up 19% year over year and 8% linked-quarter, adjusted revenue up 7% sequentially, and the CET1 ratio ticking up to 10.01%. The soft spot is the margin: net interest margin fell 4 bps to 3.40% on higher deposit costs and a wholesale-funded liquidity build, though net interest income still grew 3% on volume. Credit is stable (0.23% net charge-offs, 0.50% NPAs) and full-year guidance was affirmed, with revenue trending above the midpoint. For a $130.7B-asset bank trading around $95, the quarter supports the merger thesis rather than changing it.
How filings like this one have moved
In the 30 days to Oct 21, 2026, 29% of the 1517 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.52%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PNFP was trading at $95.40 on NYSE in the Finance sector, with a market capitalization of approximately $14.4B. The 52-week trading range was $81.08 to $110.33. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.