PINNACLE FINANCIAL PARTNERS (PNFP)
US72346Q1040 - Common Stock
Taking everything into account, PNFP scores 4 out of 10 in our fundamental rating. PNFP was compared to 406 industry peers in the Banks industry. The financial health of PNFP is average, but there are quite some concerns on its profitability. PNFP is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PNFP was profitable.
In the past year PNFP had a positive cash flow from operations.
In the past 5 years PNFP has always been profitable.
PNFP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of PNFP (0.80%) is comparable to the rest of the industry.
PNFP's Return On Equity of 6.36% is on the low side compared to the rest of the industry. PNFP is outperformed by 63.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 6.36% | ||
| ROIC | N/A |
ROA(3y)1.26%
ROA(5y)1.22%
ROE(3y)9.53%
ROE(5y)8.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PNFP has a Profit Margin of 24.34%. This is comparable to the rest of the industry: PNFP outperforms 58.42% of its industry peers.
PNFP's Profit Margin has declined in the last couple of years.
PNFP does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.34% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y6.46%
PM growth 5Y-3.4%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PNFP does not have a ROIC to compare to the WACC, probably because it is not profitable.
PNFP has less shares outstanding than it did 1 year ago.
PNFP has less shares outstanding than it did 5 years ago.
PNFP has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of PNFP is 1.49, which is an excellent value as it means it would take PNFP, only 1.49 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PNFP (1.49) is better than 68.07% of its industry peers.
PNFP has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
PNFP has a Debt to Equity ratio of 0.10. This is in the better half of the industry: PNFP outperforms 74.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.49 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.36%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PNFP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.29%.
Measured over the past 5 years, PNFP shows a small growth in Earnings Per Share. The EPS has been growing by 7.86% on average per year.
Looking at the last year, PNFP shows a decrease in Revenue. The Revenue has decreased by -2.52% in the last year.
Measured over the past years, PNFP shows a quite strong growth in Revenue. The Revenue has been growing by 12.59% on average per year.
EPS 1Y (TTM)-18.29%
EPS 3Y12.19%
EPS 5Y7.86%
EPS Q2Q%10.06%
Revenue 1Y (TTM)-2.52%
Revenue growth 3Y14.16%
Revenue growth 5Y12.59%
Sales Q2Q%14.39%
3.2 Future
PNFP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.33% yearly.
The Revenue is expected to grow by 10.29% on average over the next years. This is quite good.
EPS Next Y-13.65%
EPS Next 2Y6.09%
EPS Next 3Y10.33%
EPS Next 5YN/A
Revenue Next Year5.67%
Revenue Next 2Y9.35%
Revenue Next 3Y10.29%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.62, PNFP is valued on the expensive side.
Based on the Price/Earnings ratio, PNFP is valued a bit more expensive than the industry average as 75.99% of the companies are valued more cheaply.
PNFP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.73.
With a Price/Forward Earnings ratio of 14.41, PNFP is valued correctly.
Based on the Price/Forward Earnings ratio, PNFP is valued a bit more expensive than the industry average as 67.33% of the companies are valued more cheaply.
PNFP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.62 | ||
| Fwd PE | 14.41 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PNFP is valued a bit more expensive than the industry average as 67.08% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.37 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.5
EPS Next 2Y6.09%
EPS Next 3Y10.33%
5. Dividend
5.1 Amount
PNFP has a yearly dividend return of 0.74%, which is pretty low.
With a Dividend Yield of 0.74, PNFP pays less dividend than the industry average, which is at 3.02. 83.66% of the companies listed in the same industry pay a better dividend than PNFP!
With a Dividend Yield of 0.74, PNFP pays less dividend than the S&P500 average, which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
5.2 History
On average, the dividend of PNFP grows each year by 13.35%, which is quite nice.
PNFP has been paying a dividend for at least 10 years, so it has a reliable track record.
PNFP has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)13.35%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
20.86% of the earnings are spent on dividend by PNFP. This is a low number and sustainable payout ratio.
The dividend of PNFP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP20.86%
EPS Next 2Y6.09%
EPS Next 3Y10.33%
PINNACLE FINANCIAL PARTNERS
NASDAQ:PNFP (12/20/2024, 8:00:00 PM)
After market: 112.24 0 (0%)112.24
+1.29 (+1.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners89.09%
Inst Owner Change2.67%
Ins Owners1.91%
Ins Owner Change-1.68%
Market Cap8.67B
Analysts76.67
Price Target115.08 (2.53%)
Short Float %2.42%
Short Ratio3.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
Dividend Growth(5Y)13.35%
DP20.86%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-29.06%
Min EPS beat(2)-60.92%
Max EPS beat(2)2.81%
EPS beat(4)2
Avg EPS beat(4)-14.32%
Min EPS beat(4)-60.92%
Max EPS beat(4)2.81%
EPS beat(8)4
Avg EPS beat(8)-8.46%
EPS beat(12)7
Avg EPS beat(12)-4.2%
EPS beat(16)11
Avg EPS beat(16)-0.52%
Revenue beat(2)0
Avg Revenue beat(2)-9.06%
Min Revenue beat(2)-17.4%
Max Revenue beat(2)-0.71%
Revenue beat(4)0
Avg Revenue beat(4)-6.38%
Min Revenue beat(4)-17.4%
Max Revenue beat(4)-0.65%
Revenue beat(8)0
Avg Revenue beat(8)-5.96%
Revenue beat(12)2
Avg Revenue beat(12)-3.95%
Revenue beat(16)5
Avg Revenue beat(16)-2.71%
PT rev (1m)0.51%
PT rev (3m)11.3%
EPS NQ rev (1m)-0.14%
EPS NQ rev (3m)-5.01%
EPS NY rev (1m)0%
EPS NY rev (3m)0.35%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)-0.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.62 | ||
| Fwd PE | 14.41 | ||
| P/S | 5.23 | ||
| P/FCF | 20.37 | ||
| P/OCF | 16.95 | ||
| P/B | 1.37 | ||
| P/tB | 1.94 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.72
EY5.1%
EPS(NY)7.79
Fwd EY6.94%
FCF(TTM)5.51
FCFY4.91%
OCF(TTM)6.62
OCFY5.9%
SpS21.46
BVpS82.13
TBVpS57.92
PEG (NY)N/A
PEG (5Y)2.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 6.36% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.34% | ||
| GM | N/A | ||
| FCFM | 25.67% |
ROA(3y)1.26%
ROA(5y)1.22%
ROE(3y)9.53%
ROE(5y)8.8%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y6.46%
PM growth 5Y-3.4%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.49 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 93.39% | ||
| Cap/Sales | 5.18% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 105.45% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC15.36%
ROIC/WACCN/A
Cap/Depr(3y)82.06%
Cap/Depr(5y)168.53%
Cap/Sales(3y)3.51%
Cap/Sales(5y)3.62%
Profit Quality(3y)98.7%
Profit Quality(5y)104.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-18.29%
EPS 3Y12.19%
EPS 5Y7.86%
EPS Q2Q%10.06%
EPS Next Y-13.65%
EPS Next 2Y6.09%
EPS Next 3Y10.33%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.52%
Revenue growth 3Y14.16%
Revenue growth 5Y12.59%
Sales Q2Q%14.39%
Revenue Next Year5.67%
Revenue Next 2Y9.35%
Revenue Next 3Y10.29%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-35.99%
FCF growth 3Y1.12%
FCF growth 5Y-2.19%
OCF growth 1Y-28.85%
OCF growth 3Y3.88%
OCF growth 5Y0.32%