Analyst Consensus ?
ConsensusBuy24 ratings
Bullish1770.8%
Neutral729.2%
Bearish00.0%
Pinnacle Financial Partners, Inc. · PNFP · FY2026 Q2 · Calendar Q3 2026
PNFP maintains outlook as loans and fee income grow
The supplied analysis supports a constructive but conditional view: loan growth, fee-income momentum, producer hiring and resilient credit quality support earnings growth, while NIM compression, funding costs, integration and capital requirements temper the outlook.
Reported After market closeNYSEFinancial Services
$15.18B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.50
Consensus $2.46
EPS surprise
+1.6%
Reported versus consensus
Reported revenue
$1.24B
Consensus $1.24B
Revenue surprise
-0.0%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+2.5%
Event window
SPY move
-1.2%
Same window
Abnormal move
+3.8%
Stock minus SPY
Volume
2.2×
Versus trailing sessions
Subsequent drift
+2.2%
Up to 20 sessions
PNFPSPY benchmark
Ask FN2 about PNFP FY2026 Q2
Transcript, numbers and history already loaded
Why did PNFP rise 2.5% after beating EPS estimates in FY2026 Q2?What changed in PNFP's guidance and outlook in FY2026 Q2?Give me the bull and bear case for PNFP after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, the current analysis emphasizes 26% year-to-date adjusted EPS growth, $2.9 billion of loan growth, accelerating fee income and stable credit quality. It also identifies modest NIM compression, a $750 million senior-debt issuance, the resumption of the BHG distribution channel and a roughly 20-person internal AI team as notable developments.
Guidance delta
Management maintained its 2026 outlook; the analysis also notes modest net interest margin compression.
Key takeaways
- Adjusted EPS grew 26% year to date, while 2026 guidance remained unchanged.
- Loans grew $2.9 billion, or about 14% annualized, supporting net interest income despite modest NIM compression.
- Fee income delivered double-digit growth led by wealth management and capital markets.
- Credit quality remained solid, with NPAs at 0.5% and charge-offs at 22 basis points.
- Revenue-producer headcount rose 48% quarter over quarter, with 124 new producers year to date.
Management priorities
- Continue hiring revenue producers to support loan and fee growth.
- Reach a 10.25% CET1 target by year-end through capital accretion and debt issuance.
- Expand wealth management and capital markets capabilities, including FX and syndication.
- Use AI and technology partnerships to support efficiency, cross-selling and new revenue streams.
- Maintain BHG partnership revenue and explore additional strategic actions.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
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Analyst 52W Price Targets
$100.46Current
$100Low
$121Average
$190High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 23, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Truist Securities | Buy | Buy | Maintain | Oct 9, 2026 |
| TD Cowen | Buy | Buy | Maintain | Oct 5, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Oct 2, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Oct 1, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Oct 1, 2026 |
| Wells Fargo | Overweight | Equal Weight | Upgrade | Sep 30, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Sep 28, 2026 |
| Benchmark | Buy | Buy | Maintain | Aug 5, 2026 |
| DA Davidson | Neutral | Neutral | Maintain | Jul 24, 2026 |
| Citigroup | Buy | Buy | Maintain | Jun 25, 2026 |
| Stephens & Co. | Equal Weight | Equal Weight | Maintain | Apr 30, 2026 |
| UBS | Buy | Buy | Maintain | Apr 24, 2026 |
| Barclays | Overweight | Overweight | Maintain | Apr 7, 2026 |
| Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain | Jan 9, 2026 |
| Hovde Group | Outperform | Market Perform | Upgrade | Oct 17, 2025 |
| Jefferies | Hold | Buy | Downgrade | Jul 25, 2025 |
| Raymond James | Market Perform | Outperform | Downgrade | Oct 6, 2022 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | Jun 15, 2020 |
| Hilliard Lyons | Neutral | Buy | Downgrade | Oct 20, 2017 |
| Sandler O'Neill | Hold | Buy | Downgrade | Sep 13, 2016 |
| Keefe Bruyette & Woods | Outperform | Market Perform | Upgrade | Sep 11, 2015 |
| Wunderlich Securities | Buy | Hold | Upgrade | Apr 29, 2015 |
| Wunderlich | Buy | Hold | Upgrade | Apr 29, 2015 |
| FIG Partners | Outperform | Market Perform | Upgrade | Apr 16, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $100.46. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Truist Financial | John McDonald | $112 | $94.67 | +11.5% | Oct 9, 2026 |
| Piper Sandler | Stephen Scouten | $125 | $94.63 | +24.4% | Oct 2, 2026 |
| Evercore ISI | Analyst unavailable | $108 | $93.61 | +7.5% | Oct 1, 2026 |
| William Blair | Analyst unavailable | $190 | $94.21 | +89.1% | Sep 30, 2026 |
| Morgan Stanley | Analyst unavailable | $139 | $94.18 | +38.4% | Sep 28, 2026 |
| Hovde Group | Analyst unavailable | $125 | $99.34 | +24.4% | Sep 16, 2026 |
| Morgan Stanley | Ryan Kenny | $137 | $101.01 | +36.4% | Sep 8, 2026 |
| Wells Fargo | Terry McEvoy | $118 | $104.68 | +17.5% | Aug 10, 2026 |
| Stephens | Analyst unavailable | $112 | $103.76 | +11.5% | Jul 27, 2026 |
| Piper Sandler | Analyst unavailable | $123 | $99.81 | +22.4% | Jul 24, 2026 |
| Evercore ISI | Analyst unavailable | $120 | $99.64 | +19.5% | Jul 6, 2026 |
| Robert W. Baird | Analyst unavailable | $115 | $94.33 | +14.5% | May 19, 2026 |
| Stephens | Analyst unavailable | $109 | $97.71 | +8.5% | Apr 30, 2026 |
| Evercore ISI | John Pancari | $115 | $98.71 | +14.5% | Apr 29, 2026 |
| UBS | Timur Braziler | $120 | $97.91 | +19.5% | Apr 24, 2026 |
| Truist Financial | Analyst unavailable | $114 | $84.68 | +13.5% | Mar 26, 2026 |
| Evercore ISI | Analyst unavailable | $116 | $101.32 | +15.5% | Feb 5, 2026 |
| UBS | Analyst unavailable | $106 | $99 | +5.5% | Feb 4, 2026 |
| Piper Sandler | Analyst unavailable | $122 | $95.3 | +21.4% | Jan 28, 2026 |
| Deutsche Bank | Analyst unavailable | $116 | $97.27 | +15.5% | Jan 21, 2026 |
| Truist Financial | Analyst unavailable | $100 | $98.22 | -0.5% | Jan 9, 2026 |
| Truist Financial | Analyst unavailable | $118 | $98.57 | +17.5% | Jan 9, 2026 |
| UBS | Analyst unavailable | $107 | $97.95 | +6.5% | Jan 6, 2026 |
| D.A. Davidson | Gary Tenner | $110 | $95.1 | +9.5% | Jan 5, 2026 |
| Piper Sandler | Stephen Scouten | $120 | $95.1 | +19.5% | Jan 5, 2026 |
| Barclays | Analyst unavailable | $135 | $99.99 | +34.4% | Dec 19, 2025 |
| Barclays | Jared Shaw | $125 | $86.68 | +24.4% | Nov 11, 2025 |
| Truist Financial | John McDonald | $105 | $85.86 | +4.5% | Oct 17, 2025 |
| Stephens | Analyst unavailable | $97 | $84.74 | -3.4% | Oct 17, 2025 |
| Wells Fargo | Analyst unavailable | $100 | $84.74 | -0.5% | Oct 17, 2025 |
| Hovde Group | Analyst unavailable | $106 | $84.74 | +5.5% | Oct 17, 2025 |
| Barclays | Analyst unavailable | $120 | $91.92 | +19.5% | Oct 8, 2025 |
| UBS | Analyst unavailable | $108 | $97.47 | +7.5% | Sep 2, 2025 |
| UBS | Nicholas Holowko | $121 | $118.15 | +20.4% | Jul 9, 2025 |
| Citigroup | Benjamin Gerlinger | $123 | $105.47 | +22.4% | Oct 17, 2024 |
| Barclays | Jared Shaw | $108 | $105.47 | +7.5% | Oct 17, 2024 |
| Truist Financial | Jennifer Demba | $113 | $100.53 | +12.5% | Oct 16, 2024 |
| Barclays | Jared Shaw | $101 | $95.54 | +0.5% | Sep 26, 2024 |
| Barclays | Jared Shaw | $97 | $93.97 | -3.4% | Jul 18, 2024 |
| Piper Sandler | Stephen Scouten | $98 | $93.97 | -2.4% | Jul 17, 2024 |
| Stephens | Matt Olney | $102 | $80.64 | +1.5% | May 23, 2024 |
| Stephens | Analyst unavailable | $104 | $87.49 | +3.5% | Apr 20, 2022 |
Track every rating change on PNFP the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationPinnacle Financial Partners, Inc. functions as a bank holding company, overseeing Pinnacle Bank, which delivers a comprehensive range of banking solutions and services across the United States. The company facilitates various types of deposit accounts for its clients, including savings accounts, standard checking accounts (both interest-bearing and noninterest-bearing), money market accounts, and certificates of deposit. Its lending portfolio is extensive, covering commercial loans for purposes like equipment financing and working capital, along with commercial real estate loans for investment properties and business ventures backed by real estate. For individual clients, Pinnacle Bank offers secured and unsecured installment loans, term loans, lines of credit, residential first mortgage loans, and home equity loans and lines of credit. Additionally, it issues credit cards for both consumers and businesses.…
Historical context
All PNFP earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| HBANL Huntington Bancshares Incorporated | FY2026 Q3 · Calendar Q4 2026 | -5.3% | +0.5% | Huntington maintains 2027 targets as fees and new markets support growth |
| NDAQ Nasdaq, Inc. | FY2026 Q3 · Calendar Q4 2026 | +2.0% | +7.5% | Nasdaq Q3: AI, cloud and market infrastructure sustain growth |
| BCS Barclays PLC | FY2026 Q3 · Calendar Q4 2026 | -1.5% | -2.6% | Barclays balances growth and efficiency with outlook maintained |
| SSB SouthState Bank Corp. | FY2026 Q3 · Calendar Q4 2026 | -4.2% | +2.4% | SouthState posts 9% loan and deposit growth as NIM holds |
| BPOP Popular, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -2.8% | Popular’s Q3 growth remained solid as public deposits declined |
| BX Blackstone Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +8.4% | Blackstone highlights AI infrastructure and fundraising momentum |
Latest beats and misses
Who reports nextBeat on EPS
- PGFY2027 Q1 · October 22, 2026+6.4% EPS+5.6% move
- CMCSAFY2026 Q3 · October 22, 2026+8.5% EPS+3.4% move
- CRSFY2027 Q1 · October 22, 2026+6.9% EPS-20.6% move
- DOVFY2026 Q3 · October 22, 2026+1.1% EPS-2.2% move
- NOKFY2026 Q3 · October 22, 2026+25.0% EPS-14.8% move
- NDAQFY2026 Q3 · October 22, 2026+2.0% EPS+7.5% move
Missed on EPS
- PHMFY2026 Q3 · October 22, 2026-4.5% EPS+5.8% move
- HBANLFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
- BCSFY2026 Q3 · October 22, 2026-1.5% EPS-2.6% move
- SSBFY2026 Q3 · October 21, 2026-4.2% EPS+2.4% move
- ROLFY2026 Q3 · October 21, 2026-1.4% EPS+5.6% move
- GGGFY2026 Q3 · October 21, 2026-2.5% EPS-16.6% move
Get the PNFP recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-07-23T17:03:48.743248+00:00
- FN2 earnings calendar · 2026-08-27T01:23:13.912278+00:00
- Polygon adjusted daily market bars · 2026-10-23T04:10:44.831091+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-23T04:10:44.828297+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-23. For educational purposes only; not investment advice.