PNFP Earnings Prediction
The chart below shows how PNFP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PNFP sees a -4.19% change in stock price 10 days leading up to the earnings, and a +2.75% change 10 days following the report. On the earnings day itself, the stock moves by +1.66%. This data can give you a slight idea of what to expect for the next quarter's release.
PNFP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
448.53M
17.11%
29.06%
Gross Margin
--
--
--
Operating Margin
36.34%
-2.65%
174.47%
Net Margin
32.70%
-5.55%
113.73%
EPS
1.86
10.06%
190.63%
No Data Available
PNFP Earnings Analysis
Pinnacle Financial Partners In Corporation (PNFP.O) Earnings Conference Call
Positive
Loan Growth Increase: Loan growth increased by $539 million during the quarter or 6.4% linked quarter annualized.
Commercial Real Estate Loan Growth: C&I and owner-occupied commercial real estate loan growth in these two critical segments was approximately $706 million or 17% linked quarter annualized.
Loan Growth Expectations: We are obviously pleased with loan growth this year, reflecting a range of 7% to 8% growth expectations for 2024.
Deposit Growth Surge: Deposits increased by $887 million in the third quarter, indicating strong performance in deposit growth.
DDA Account Growth: We are also pleased with non-interest-bearing deposits and their performance in the third quarter, signaling that we are finally beginning to see volume growth for DDA accounts.
Negative
Loan Growth Increase: Loan growth increased by $539 million during the quarter or 6.4% linked quarter annualized.
Revised Growth Expectations: We are modifying our growth expectations for 2024 to now reflect a range of 7% to 8% growth.
Increased In-Bound Traffic: We are seeing a lot more in-bound traffic for private wealth mortgages and the like.
Off-Balance Sheet Losses Increase: Our off-balance sheet losses amounted to 4.2% in the third quarter, up from 3.4% in the second.
Off-Balance Sheet Losses: Our off-balance sheet losses increased to 6.2%.
PNFP FAQs
How does PNFP typically perform around its earnings report dates?
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PNFP Earning Call Sentiment
Pinnacle Financial Partners, Inc. (PNFP) Q3 2024 Earnings Call Transcript
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00:00
00:00
PNFP.O
0.87%Positive
The earnings call summary indicates strong fee revenue growth, optimistic guidance, and strategic hiring, which are positive signals. Although expenses are slightly higher, the increase in incentive targets suggests confidence in performance. The Q&A section reveals management's ability to maintain margins and optimism about future growth, despite some uncertainties. Overall, the positive aspects outweigh the negatives, leading to a likely stock price increase of 2% to 8%.
