Pinnacle Financial Partners

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Pinnacle Financial Partners
Public
Traded as NASDAQPNFP
S&P 600 Component
Industry Finance
Founded February 20, 2000 (2000-02-20)
Headquarters Nashville, Tennessee, U.S.
Area served
Middle and East Tennessee
Key people
M. Terry Turner (CEO)
Services Financial services
Increase US$43,737,000 (2011)
Total assets Increase US$4,863,951,000 (2011)
Total equity Increase US$$ 4,833,435,000 (2011)
Number of employees
702
Website https://www.pnfp.com

Pinnacle Financial Partners is a bank headquartered in Nashville, Tennessee operating in middle and East Tennessee.[1]

History[edit]

The company was founded on February 20, 2000 by twelve Nashville businessmen who wished to create a locally-owned financial firm. In May 2002 the company went public on the NASDAQ with the symbol PNFP. Pinnacle gained naming rights for a new skyscraper in Downtown Nashville, The Pinnacle at Symphony Place, and the company leased 65,000 square feet (6,000 m2) in the building.[2]

Pinnacle Financial Partners currently has approximately US$ 5 billion in assets and has 29 offices.

On January 22, 2017, Pinnacle announced it was acquiring BNC Bank of High Point, North Carolina, which has branches in North Carolina, South Carolina and Virginia. The deal, worth $1.9 billion, would give Pinnacle operations in four states.[3]

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