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Last Trade
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Last Trade:
$69.99
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Change:
-1.47 (-2.06%)
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Trade Time:
Jan 15
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Market Cap:
$5.31B
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Description of Business
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Pinnacle Financial Partners is a bank holding company headquartered in
Tennessee, with approximately $27.8 billion in total assets as of December 31,
2019. The holding company is the parent company of Pinnacle Bank, a Tennessee
state-chartered bank, and owns 100% of the capital stock of Pinnacle Bank. The
firm started operations on October 27, 2000, in Nashville, Tennessee, and has
since grown through a combination of acquisitions and organic growth to 111
offices, including 47 in Tennessee, 36 in North Carolina, 20 in South Carolina
and eight in Virginia.
The firm operates as a community bank in 12 primarily urban markets and their
surrounding communities. As an urban community bank, Pinnacle provides the
personalized service most often associated with smaller banks while offering
many of the sophisticated products and services, such as investments and
treasury management, more typically found at much larger banks.
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