Pinnacle Financial Partners, Inc. (PNFP) — Financial statements
Income statement, balance sheet, and cash flow for Pinnacle Financial Partners, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,922↑2.4% | 2,854↑15.3% | 2,475↑59.7% | 1,549↑27.4% | 1,216 | |
| Cost of Revenue | 996↓31.4% | 1,453↑22.6% | 1,185↑279.1% | 313↑171.9% | 115 | |
| Gross Profit | 1,926↑37.5% | 1,401↑8.6% | 1,290↑4.3% | 1,237↑12.3% | 1,101 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 840↑28.8% | 652↑15.7% | 564↑4.9% | 538↑17.1% | 459 | |
| Selling & Marketing Expenses | 82↑209.2% | 27↑11.5% | 24↑13.5% | 21↑63.5% | 13 | |
| SG&A Expenses | 922↑35.9% | 679↑15.5% | 588↑5.2% | 559↑18.3% | 472 | |
| Other Expenses | 224↑59.2% | 141↑1296.1% | -12↑39.3% | -19↑15.3% | -23 | |
| Operating Expenses | 1,146↑39.9% | 819↑42.3% | 576↑6.8% | 539↑20.0% | 449 | |
| Total Costs & Expenses | 2,143↓5.7% | 2,273↑29.1% | 1,761↑106.7% | 852↑51.0% | 564 | |
| Operating Results | ||||||
| Operating Income | 780↑34.2% | 581↓18.6% | 714↑2.4% | 697↑7.0% | 652 | |
| Depreciation & Amortization | 58↓41.2% | 99↑25.3% | 79↑26.3% | 62↑17.0% | 53 | |
| EBITDA | 838↑23.2% | 680↓14.2% | 793↑4.3% | 760↑7.7% | 705 | |
| EBIT | 780↑34.2% | 581↓18.6% | 714↑2.4% | 697↑7.0% | 652 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,548↑13.4% | 1,366↑8.2% | 1,262↑11.8% | 1,129↑21.1% | 932 | |
| Interest Income | 2,796↑3.6% | 2,698↑14.6% | 2,353↑71.3% | 1,374↑33.2% | 1,031 | |
| Interest Expense | 1,247↓6.4% | 1,333↑22.1% | 1,091↑346.1% | 245↑147.6% | 99 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 780↑34.2% | 581↓18.6% | 714↑2.4% | 697↑7.0% | 652 | |
| Income Tax Expense | 138↑29.8% | 106↓30.1% | 152↑11.0% | 137↑9.8% | 125 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 642↑35.2% | 475↓15.5% | 562↑0.3% | 561↑6.3% | 527 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 642↑35.2% | 475↓15.5% | 562↑0.3% | 561↑6.3% | 527 | |
| Bottom-Line Net Income | 627↑36.3% | 460↓15.9% | 547↑0.3% | 546↑6.5% | 512 | |
| EPS (Basic) | 8.15↑35.6% | 6.01↓16.5% | 7.20↑0.0% | 7.20↑6.0% | 6.79 | |
| EPS (Diluted) | 8.09↑35.7% | 5.96↓16.5% | 7.14↓0.4% | 7.17↑6.2% | 6.75 | |
| Weighted Average Shares | 77↑0.6% | 76↑0.6% | 76↑0.4% | 76↑0.4% | 75 | |
| Weighted Average Diluted Shares | 78↑0.8% | 77↑0.6% | 77↑0.7% | 76↑0.3% | 76 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.