Pinnacle Financial Q2 net income rises 104% to $328 million; revenue more than doubles to $1.2 billion

Reuters2026/08/04 18:43

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Pinnacle Financial Partners posted Q2 net income of $328 million, up 104% from a year earlier, on revenue of $1.2 billion, up 138%.
Net interest income climbed to $956 million, up 151%, lifting net interest margin 21 basis points to 3.44%.
Provision for credit losses rose to $63 million, up 160%, while net charge-offs were $48 million, or a 0.22% annualized ratio.
Loans ended the quarter at $88.1 billion, up $2.88 billion from March 31, while deposits increased $795 million to $100.9 billion.
Management kept 2026 guidance unchanged, projecting adjusted revenue of $5.0 billion-$5.2 billion with end-of-period loan growth of about 9%-11%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinnacle Financial Partners Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002082866-26-000082), on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pinnacle Financial Q2 net income rises 104% to $328 million; revenue more than doubles to $1.2 billion

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