Pinnacle Financial Partners (PNFP) Tops Q4 EPS by 2c

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PNFP Reports Diluted Earnings Per Share of $0.78 for 4Q 2016

January 17, 2017 5:30 PM EST

Excluding merger-related charges, diluted EPS was $0.83 for 4Q 2016

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $0.78 for the quarter ended Dec. 31, 2016, compared to net income per diluted common share of $0.65 for the quarter ended Dec. 31, 2015, an increase of 20.0 percent. Net income per diluted common share was $2.91 for the year ended Dec. 31, 2016, compared to net income per diluted common share of $2.52 for the year ended Dec. 31, 2015, an increase of 15.5 percent.

Excluding pre-tax merger-related charges of $3.3 million and $11.7... More