Pinnacle Historical Income Statement

PNFP Stock  USD 128.25  1.00  0.79%   
Historical analysis of Pinnacle Financial income statement accounts such as Total Revenue of 1.7 B, Gross Profit of 1.7 B, Other Operating Expenses of 670.6 M or Operating Income of 940.7 M can show how well Pinnacle Financial Partners performed in making a profits. Evaluating Pinnacle Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pinnacle Financial's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Pinnacle Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Pinnacle Financial is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle Financial Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About Pinnacle Income Statement Analysis

Pinnacle Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Pinnacle Financial shareholders. The income statement also shows Pinnacle investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Pinnacle Financial Income Statement Chart

At this time, Pinnacle Financial's EBIT is relatively stable compared to the past year. As of 11/28/2024, EBITDA is likely to grow to about 832.3 M, while Cost Of Revenue is likely to drop slightly above 263.3 K.

Total Revenue

Total revenue comprises all receipts Pinnacle Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Pinnacle Financial Partners minus its cost of goods sold. It is profit before Pinnacle Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Pinnacle Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pinnacle Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle Financial Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Pinnacle Financial's EBIT is relatively stable compared to the past year. As of 11/28/2024, EBITDA is likely to grow to about 832.3 M, while Cost Of Revenue is likely to drop slightly above 263.3 K.
 2021 2022 2023 2024 (projected)
Interest Expense98.8M244.6M1.1B1.1B
Depreciation And Amortization32.3M36.5M78.7M82.6M

Pinnacle Financial income statement Correlations

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Pinnacle Financial Account Relationship Matchups

Pinnacle Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization9.9M45.2M32.3M36.5M78.7M82.6M
Interest Expense301.8M199.3M98.8M244.6M1.1B1.1B
Selling General Administrative313.4M334.5M436.0M510.2M563.6M591.8M
Selling And Marketing Expenses13.3M10.7M12.9M21.1M23.9M25.1M
Total Revenue939.9M1.1B1.2B1.4B1.6B1.7B
Gross Profit939.9M1.1B1.2B1.4B1.6B1.7B
Other Operating Expenses442.3M684.7M554.0M21.1M705.9M670.6M
Operating Income497.5M371.4M651.9M942.1M895.9M940.7M
Ebit497.5M371.4M672.8M723.3M714.0M749.7M
Ebitda507.4M416.6M705.2M759.8M792.7M832.3M
Total Operating Expenses(442.3M)(684.7M)(554.0M)21.1M705.9M670.6M
Net Income400.9M312.3M527.3M560.7M562.2M590.3M
Income Tax Expense96.7M59.0M124.6M136.8M151.9M159.4M
Income Before Tax497.5M371.4M651.9M697.5M714.0M749.7M
Total Other Income Expense Net497.5M(123.0M)(107.8M)(128.9M)(181.9M)(172.8M)
Net Income Applicable To Common Shares400.9M304.7M512.1M545.6M627.4M658.8M
Net Income From Continuing Ops400.9M312.3M527.3M560.7M605.0M635.3M
Tax Provision96.7M59.0M124.6M136.8M155.1M109.8M
Net Interest Income766.1M821.8M932.4M1.1B1.3B825.6M
Interest Income1.1B1.0B1.0B1.4B2.2B1.1B
Reconciled Depreciation8.3M45.2M8.5M7.8M77.0M80.9M

Pair Trading with Pinnacle Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pinnacle Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pinnacle Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pinnacle Stock

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  0.92BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against Pinnacle Stock

  0.68CFG-PE Citizens FinancialPairCorr
  0.67TFC-PO Truist FinancialPairCorr
  0.64TFC-PR Truist FinancialPairCorr
  0.36WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to Pinnacle Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinnacle Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pinnacle Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pinnacle Financial Partners to buy it.
The correlation of Pinnacle Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pinnacle Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinnacle Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pinnacle Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Pinnacle Stock Analysis

When running Pinnacle Financial's price analysis, check to measure Pinnacle Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle Financial is operating at the current time. Most of Pinnacle Financial's value examination focuses on studying past and present price action to predict the probability of Pinnacle Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle Financial's price. Additionally, you may evaluate how the addition of Pinnacle Financial to your portfolios can decrease your overall portfolio volatility.