Pinnacle Financial Partners, Inc.
Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. It accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts;… Read more
Pinnacle Financial Partners, Inc. (PNFP) - Net Assets
Latest net assets as of September 2025: $6.86 Billion USD
Based on the latest financial reports, Pinnacle Financial Partners, Inc. (PNFP) has net assets worth $6.86 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($55.96 Billion) and total liabilities ($49.11 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.86 Billion |
| % of Total Assets | 12.25% |
| Annual Growth Rate | 28.46% |
| 5-Year Change | 31.14% |
| 10-Year Change | 456.58% |
| Growth Volatility | 65.41 |
Pinnacle Financial Partners, Inc. - Net Assets Trend (2000–2024)
This chart illustrates how Pinnacle Financial Partners, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pinnacle Financial Partners, Inc. (2000–2024)
The table below shows the annual net assets of Pinnacle Financial Partners, Inc. from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.43 Billion | +6.56% |
| 2023-12-31 | $6.04 Billion | +9.36% |
| 2022-12-31 | $5.52 Billion | +3.93% |
| 2021-12-31 | $5.31 Billion | +8.28% |
| 2020-12-31 | $4.90 Billion | +12.60% |
| 2019-12-31 | $4.36 Billion | +9.83% |
| 2018-12-31 | $3.97 Billion | +6.96% |
| 2017-12-31 | $3.71 Billion | +147.74% |
| 2016-12-31 | $1.50 Billion | +29.52% |
| 2015-12-31 | $1.16 Billion | +43.97% |
| 2014-12-31 | $802.69 Million | +10.91% |
| 2013-12-31 | $723.71 Million | +6.57% |
| 2012-12-31 | $679.07 Million | -4.38% |
| 2011-12-31 | $710.14 Million | +4.83% |
| 2010-12-31 | $677.46 Million | -3.36% |
| 2009-12-31 | $701.02 Million | +12.10% |
| 2008-12-31 | $625.33 Million | +34.02% |
| 2007-12-31 | $466.61 Million | +82.26% |
| 2006-12-31 | $256.02 Million | +303.58% |
| 2005-12-31 | $63.44 Million | +9.60% |
| 2004-12-31 | $57.88 Million | +68.56% |
| 2003-12-31 | $34.34 Million | +5.97% |
| 2002-12-31 | $32.40 Million | +77.16% |
| 2001-12-31 | $18.29 Million | +15.98% |
| 2000-12-31 | $15.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pinnacle Financial Partners, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 317803218900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.18 Billion | 49.38% |
| Common Stock | $77.24 Million | 1.20% |
| Other Comprehensive Income | $-167.94 Million | -2.61% |
| Other Components | $3.35 Billion | 52.03% |
| Total Equity | $6.43 Billion | 100.00% |
Pinnacle Financial Partners, Inc. Competitors by Market Cap
The table below lists competitors of Pinnacle Financial Partners, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dr. Reddy's Laboratories Limited
F:RDDA
|
$7.41 Billion |
|
IDACORP Inc
NYSE:IDA
|
$7.41 Billion |
|
NexGen Energy Ltd.
NYSE:NXE
|
$7.42 Billion |
|
Alexandria Real Estate Equities Inc
NYSE:ARE
|
$7.44 Billion |
|
Franklin Resources Inc
NYSE:BEN
|
$7.40 Billion |
|
Sartorius Aktiengesellschaft
PINK:SUVPF
|
$7.40 Billion |
|
China Zheshang Bank Co Ltd
SHG:601916
|
$7.39 Billion |
|
Charles River Laboratories
NYSE:CRL
|
$7.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pinnacle Financial Partners, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,035,788,000 to 6,431,881,000, a change of 396,093,000 (6.6%).
- Net income of 475,056,000 contributed positively to equity growth.
- Dividend payments of 84,206,000 reduced retained earnings.
- Share repurchases of 14,430,000 reduced equity.
- Other comprehensive income decreased equity by 15,419,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $475.06 Million | +7.39% |
| Dividends Paid | $84.21 Million | -1.31% |
| Share Repurchases | $14.43 Million | -0.22% |
| Other Comprehensive Income | $-15.42 Million | -0.24% |
| Other Changes | $35.09 Million | +0.55% |
| Total Change | $- | 6.56% |
Book Value vs Market Value Analysis
This analysis compares Pinnacle Financial Partners, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 23.80x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $4.14 | $98.44 | x |
| 2001-12-31 | $4.62 | $98.44 | x |
| 2002-12-31 | $5.20 | $98.44 | x |
| 2003-12-31 | $4.36 | $98.44 | x |
| 2004-12-31 | $6.65 | $98.44 | x |
| 2005-12-31 | $6.70 | $98.44 | x |
| 2006-12-31 | $16.89 | $98.44 | x |
| 2007-12-31 | $27.04 | $98.44 | x |
| 2008-12-31 | $26.08 | $98.44 | x |
| 2009-12-31 | $24.69 | $98.44 | x |
| 2010-12-31 | $20.66 | $98.44 | x |
| 2011-12-31 | $20.85 | $98.44 | x |
| 2012-12-31 | $19.69 | $98.44 | x |
| 2013-12-31 | $20.97 | $98.44 | x |
| 2014-12-31 | $22.85 | $98.44 | x |
| 2015-12-31 | $30.43 | $98.44 | x |
| 2016-12-31 | $34.22 | $98.44 | x |
| 2017-12-31 | $57.64 | $98.44 | x |
| 2018-12-31 | $51.21 | $98.44 | x |
| 2019-12-31 | $56.74 | $98.44 | x |
| 2020-12-31 | $64.83 | $98.44 | x |
| 2021-12-31 | $69.94 | $98.44 | x |
| 2022-12-31 | $72.50 | $98.44 | x |
| 2023-12-31 | $78.75 | $98.44 | x |
| 2024-12-31 | $83.39 | $98.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pinnacle Financial Partners, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.65%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.18x
- Recent ROE (7.39%) is above the historical average (5.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -14.30% | -362.92% | 0.02x | 2.48x | $-3.83 Million |
| 2001 | -6.21% | -15.34% | 0.04x | 9.59x | $-2.97 Million |
| 2002 | 2.00% | 4.53% | 0.05x | 9.42x | $-2.59 Million |
| 2003 | 7.44% | 11.85% | 0.04x | 14.52x | $-878.96K |
| 2004 | 9.19% | 16.29% | 0.04x | 12.56x | $-469.09K |
| 2005 | 12.70% | 15.58% | 0.05x | 16.03x | $1.71 Million |
| 2006 | 7.00% | 14.29% | 0.06x | 8.37x | $-7.67 Million |
| 2007 | 4.94% | 13.28% | 0.05x | 8.13x | $-23.62 Million |
| 2008 | 4.92% | 12.82% | 0.05x | 7.58x | $-31.86 Million |
| 2009 | -5.06% | -14.47% | 0.05x | 7.32x | $-105.60 Million |
| 2010 | -3.59% | -10.14% | 0.05x | 7.25x | $-92.05 Million |
| 2011 | 6.16% | 20.38% | 0.04x | 6.85x | $-27.28 Million |
| 2012 | 6.17% | 19.07% | 0.04x | 7.42x | $-26.02 Million |
| 2013 | 7.98% | 25.09% | 0.04x | 7.69x | $-14.64 Million |
| 2014 | 8.78% | 28.29% | 0.04x | 7.50x | $-9.80 Million |
| 2015 | 8.26% | 31.07% | 0.04x | 7.54x | $-20.05 Million |
| 2016 | 8.50% | 29.51% | 0.04x | 7.48x | $-22.44 Million |
| 2017 | 4.69% | 24.33% | 0.03x | 5.99x | $-196.82 Million |
| 2018 | 9.06% | 34.25% | 0.04x | 6.31x | $-37.15 Million |
| 2019 | 9.20% | 33.54% | 0.04x | 6.38x | $-34.69 Million |
| 2020 | 6.37% | 26.05% | 0.03x | 7.12x | $-178.14 Million |
| 2021 | 9.93% | 43.36% | 0.03x | 7.24x | $-3.74 Million |
| 2022 | 10.16% | 36.19% | 0.04x | 7.60x | $8.80 Million |
| 2023 | 9.31% | 22.72% | 0.05x | 7.95x | $-41.43 Million |
| 2024 | 7.39% | 16.65% | 0.05x | 8.18x | $-168.13 Million |
Industry Comparison
This section compares Pinnacle Financial Partners, Inc.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pinnacle Financial Partners, Inc. (PNFP) | $6.86 Billion | -14.30% | 7.16x | $7.40 Billion |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |