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Keefe, Bruyette & Woods Downgrades Pinnacle Financial Partners (PNFP) to Market Perform

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PNFP Reports Diluted Earnings Per Share of $0.71 for 3Q 2016

October 18, 2016 5:30 PM EDT

Excluding merger-related charges, diluted EPS was $0.78 for 3Q 2016

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $0.71 for the quarter ended Sept. 30, 2016, compared to net income per diluted common share of $0.62 for the quarter ended Sept. 30, 2015, an increase of 14.5 percent. Net income per diluted common share was $2.12 for the nine months ended Sept. 30, 2016, compared to net income per diluted common share of $1.86 for the nine months ended Sept. 30, 2015, an increase of 14.0 percent.

Excluding pre-tax merger-related charges of... More