Pinnacle Financial Partners (PNFP) Tops Q2 EPS by 1c

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Go back to Pinnacle Financial Partners (PNFP) Tops Q2 EPS by 1c

PNFP Reports Diluted EPS of $0.83, ROAA of 0.77% and ROTCE of 9.77% For 2Q 2020

July 21, 2020 5:26 PM EDT

 Strong balance sheet with elevated capital and liquidity and sound asset quality metrics

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $0.83 for the quarter ended June 30, 2020, compared to net income per diluted common share of $1.31 for the quarter ended June 30, 2019, a decrease of 36.6 percent. Excluding gains and losses on the sale of investment securities and ORE expense for the three months ended June 30, 2020 and 2019, FHLB restructuring charges for the three months ended June 30, 2020, and branch... More