Pinnacle Financial Partners, Inc. Surveillance Report
Company Profile
Headquartered in Nashville, TN, Pinnacle Financial Partners (NASDAQ: PNFP) (“the company”) is a financial holding company with $54.3 billion in assets providing a full range of banking, investment, trust, mortgage and insurance products and services to businesses and individuals via its bank subsidiary, Pinnacle Bank. With a distinctly commercial focus, PNFP mainly operates in the larger urban markets in its Southeastern footprint, currently operating 137 offices with greatest density in Tennessee (50), North Carolina (41), and South Carolina (21), with smaller operations in Virginia, Georgia, Washington, D.C., Alabama, Kentucky, Maryland, and Florida.
Though PNFP was acquisitive earlier in its history, the company’s growth model in contemporary times has intentionally shunned M&A, instead focusing on an organic strategy centered around highly selective talent acquisition, electing to lift out experienced, in-market bankers with robust customer…
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