Pinnacle Financial Partners, Inc. (PNFP) - Net Assets
Based on the latest financial reports, Pinnacle Financial Partners, Inc. (PNFP) has net assets worth $14.59 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($122.77 Billion) and total liabilities ($108.17 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. Check Pinnacle Financial Partners, Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.59 Billion |
| % of Total Assets | 11.89% |
| Annual Growth Rate | 27.64% |
| 5-Year Change | 32.63% |
| 10-Year Change | 370.62% |
| Growth Volatility | 64.33 |
Pinnacle Financial Partners, Inc. - Net Assets Trend (2000–2025)
This chart illustrates how Pinnacle Financial Partners, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Pinnacle Financial Partners, Inc. (PNFP) total assets for the complete picture of this company's asset base.
Annual Net Assets for Pinnacle Financial Partners, Inc. (2000–2025)
The table below shows the annual net assets of Pinnacle Financial Partners, Inc. from 2000 to 2025. For live valuation and market cap data, see PNFP market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.04 Billion | +9.51% |
| 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 373004318900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.73 Billion | 52.92% |
| Common Stock | $77.66 Million | 1.10% |
| Other Comprehensive Income | $-122.97 Million | -1.75% |
| Other Components | $3.36 Billion | 47.72% |
| Total Equity | $7.04 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 |
|---|---|
|
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
F:PTI
|
$14.26 Billion |
|
Power Construction Corp of China Ltd
SHG:601669
|
$14.27 Billion |
|
Lincoln Electric Holdings Inc
NASDAQ:LECO
|
$14.27 Billion |
|
China CITIC Bank Corporation Limited
F:D7C
|
$14.29 Billion |
|
Banco Santander Chile
NYSE:BSAC
|
$14.24 Billion |
|
Regency Centers Corporation
NASDAQ:REG
|
$14.23 Billion |
|
BE Semiconductor Industries NV
AS:BESI
|
$14.19 Billion |
|
National Silicon Industry Group Co Ltd
SHG:688126
|
$14.18 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 2024 to 2025, total equity changed from 6,431,881,000 to 7,043,715,000, a change of 611,834,000 (9.5%).
- Net income of 642,095,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 44,979,000.
- Other factors decreased equity by 75,240,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $642.10 Million | +9.12% |
| Other Comprehensive Income | $44.98 Million | +0.64% |
| Other Changes | $-75.24 Million | -1.07% |
| Total Change | $- | 9.51% |
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: 1.07x
- 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 23.40x to 1.07x 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 | $96.79 | x |
| 2001-12-31 | $4.62 | $96.79 | x |
| 2002-12-31 | $5.20 | $96.79 | x |
| 2003-12-31 | $4.36 | $96.79 | x |
| 2004-12-31 | $6.65 | $96.79 | x |
| 2005-12-31 | $6.70 | $96.79 | x |
| 2006-12-31 | $16.89 | $96.79 | x |
| 2007-12-31 | $27.04 | $96.79 | x |
| 2008-12-31 | $26.08 | $96.79 | x |
| 2009-12-31 | $24.69 | $96.79 | x |
| 2010-12-31 | $20.66 | $96.79 | x |
| 2011-12-31 | $20.85 | $96.79 | x |
| 2012-12-31 | $19.69 | $96.79 | x |
| 2013-12-31 | $20.97 | $96.79 | x |
| 2014-12-31 | $22.85 | $96.79 | x |
| 2015-12-31 | $30.43 | $96.79 | x |
| 2016-12-31 | $34.22 | $96.79 | x |
| 2017-12-31 | $57.64 | $96.79 | x |
| 2018-12-31 | $51.21 | $96.79 | x |
| 2019-12-31 | $56.74 | $96.79 | x |
| 2020-12-31 | $64.83 | $96.79 | x |
| 2021-12-31 | $69.94 | $96.79 | x |
| 2022-12-31 | $72.50 | $96.79 | x |
| 2023-12-31 | $78.75 | $96.79 | x |
| 2024-12-31 | $83.39 | $96.79 | x |
| 2025-12-31 | $90.60 | $96.79 | 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): 9.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.97%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.19x
- Recent ROE (9.12%) is above the historical average (5.39%), 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 |
| 2025 | 9.12% | 21.97% | 0.05x | 8.19x | $-62.28 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: $2,438,242,300
- Average return on equity (ROE) among peers: 4.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pinnacle Financial Partners, Inc. (PNFP) | $14.59 Billion | -14.30% | 7.41x | $14.25 Billion |
| Ameris Bancorp (ABCB) | $194.96 Million | -21.43% | 11.43x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $19.89 Billion | 1.32% | 0.03x | $5.71 Billion |
| ACNB Corporation (ACNB) | $52.62 Million | 13.74% | 7.87x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $43.92 Million | 3.67% | 4.15x | $136.89 Million |
| Alerus Financial Corp (ALRS) | $196.95 Million | 13.13% | 10.06x | $674.96 Million |
| Amalgamated Bank (AMAL) | $439.37 Million | 10.16% | 9.66x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $753.45 Million | 5.71% | 10.20x | $943.93 Million |
| Arrow Financial Corporation (AROW) | $379.77 Million | 7.92% | 9.98x | $603.81 Million |
| Associated Banc-Corp (ASB) | $2.32 Billion | 13.77% | 8.51x | $5.27 Billion |
| AmeriServ Financial Inc (ASRV) | $107.25 Million | -4.56% | 8.04x | $61.92 Million |
About Pinnacle Financial Partners, Inc.
Pinnacle Financial Partners, Inc. 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; and provides treasury management… Read more